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Exports grow 0.8% in January

Exports grow 0.8% in January

During January 2013, India's exports expanded marginally by 0.8 percent to $25.6, ending eight straight months of decline. During the same month, imports grew 6.1 percent to $45.6 billion, data from the union commerce ministry shows. It is learnt that that marginal rise in exports is in line with the trend of the pace of contraction slowing down ove

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Exports grow 0.8% in January

Exports grow 0.8% in January

During January 2013, India's exports expanded marginally by 0.8 percent to $25.6, ending eight straight months of decline. During the same month, imports grew 6.1 percent to $45.6 billion, data from the union commerce ministry shows. It is learnt that that marginal rise in exports is in line with the trend of the pace of contraction slowing down ove

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MTHL comes in the way of JNPT’s proposed terminal

MTHL comes in the way of JNPT’s proposed terminal

Jawaharlal Nehru Port Trust (JNPT) is reworking the design of its proposed fifth container terminal along with a ship repair facility after it was forced to clear the Mumbai Trans-Harbour Link Project. The port has to look at other alternatives, as the link will now pass through the waters where it had planned fifth terminal, said L Radhakrishnan, Chairman of JNPT. The proposed Mumbai Trans-Harbour Link would pass through the waters of JNPT where the container port was

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MTHL comes in the way of JNPT’s proposed terminal

MTHL comes in the way of JNPT’s proposed terminal

Jawaharlal Nehru Port Trust (JNPT) is reworking the design of its proposed fifth container terminal along with a ship repair facility after it was forced to clear the Mumbai Trans-Harbour Link Project. The port has to look at other alternatives, as the link will now pass through the waters where it had planned fifth terminal, said L Radhakrishnan, Chairman of JNPT. The proposed Mumbai Trans-Harbour Link would pass through the waters of JNPT where the container port was

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Traders oppose surcharge on containers

Traders oppose surcharge on containers

Traders oppose the surcharge imposed by feeder operators at Kochi port saying that they were unable to accept such levy for both export and import containers in view of the short notice. Feeder operators imposed surcharge of $100 for a TEU on two subsequent sailings in order to recover the loss suffered by their feedering between Kochi and Colombo on ballast (without any cargo on board). They have to sail to Colombo empty because the strike by trailer crew in Kochi Port paralysed movement of c

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Traders oppose surcharge on containers

Traders oppose surcharge on containers

Traders oppose the surcharge imposed by feeder operators at Kochi port saying that they were unable to accept such levy for both export and import containers in view of the short notice. Feeder operators imposed surcharge of $100 for a TEU on two subsequent sailings in order to recover the loss suffered by their feedering between Kochi and Colombo on ballast (without any cargo on board). They have to sail to Colombo empty because the strike by trailer crew in Kochi Port paralysed movement of c

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Ennore Port mulls Rs 10 bn worth bond issue

Ennore Port mulls Rs 10 bn worth bond issue

According to a draft prospectus filed by Ennore Port with market regulator Sebi, the port plans to raise upto Rs 5,000 million through issue of tax-free bonds with an option to retain over subscription upto Rs 5,000 million aggregating to Rs 10,000 million. The port, which is the only one among the 13 major ports controlled by the central government that is run as a com

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Ennore Port mulls Rs 10 bn worth bond issue

Ennore Port mulls Rs 10 bn worth bond issue

According to a draft prospectus filed by Ennore Port with market regulator Sebi, the port plans to raise upto Rs 5,000 million through issue of tax-free bonds with an option to retain over subscription upto Rs 5,000 million aggregating to Rs 10,000 million. The port, which is the only one among the 13 major ports controlled by the central government that is run as a com