Ajeya Kallam, Chairman of Visakhapatnam Port informed that the port authority would soon operationalise the fully mechanized coal-handling facility at its general cargo berth. The mechanized coal-handling facility is intended to provide a lasting solution to pollution. He informed this after hoisting the National Flag on the
Author: admin (Infratructure Today)
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Cochin Port plans CFS to develop Vallarpadam
Kochi Port Trust has reportedly planned to set up
container freight stations (CFS) in order to develop Vallarpadam into a major logistics hub by earmarking 54 acres near the ICTT with private participation. Setting up CFS facilities near ICTT would benefit traders as they can meet all their shipping requirements under
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Bidders given more time to submit RFQ for Ro-Ro project
For the second time in a row, Gujarat Maritime Board (GMB) extended the global bid submission date for the proposed Ro-Ro ferry service in the Gulf of Cambay region. The board has reportedly extended the dates for Request for Qualification (RFQ) submissions because the bidders were not able to find the right mix of Ro-pax vess
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Mormugao Port explores options to overcome crisis
Mormugao Port Trust in Goa is exploring various options to overcome the financial crisis that it is facing because of a sharp decline in iron ore export cargo. According to reports, the port is planning to reduce the staff strength through Voluntary Retirement Scheme (VRS). But the authority needs to secure the support and c
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Work on Chennai Port connectivity project set to begin
Work on the much-delayed Rs 1,815-crore Chennai Port-Maduravoyal elevated expressway project may begin soon with the state Water Resources Department (WRD) asking NHAI to realign the expressway and proceed work. In places such as Spurtank Road and downstream of Choolaimedu bridge, the WRD asked National Highways Authority of India (NHAI), which is imple
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DP World’s business recast may facilitate fund raising
Some analysts and industry watchers feel that DP World has restructured its India operations in order to facilitate fund raising in the country, if required in future. Some analysts feel that the restructuring exercise is intended to raise the companyĆās valuation with an eye to tap the local capital market for funds
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10 minor ports in Karnataka handle 15.8 lakh t cargo
Reports suggest that around 10 minor ports in Karnataka together handled approximately 15.81 lakh tonne of cargo during 2011-12. These minor ports are Karwar, Belikeri, Tadri, Honnavar, Bhatkal, Kundapur, Hangarakatta, Malpe, Padubidri and Old Mangalore. These ports are under the control of the state government
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DP World takes efforts to attract shipping lines
In the last few years, container terminal operator DP World has been taking efforts to attract foreign and domestic shipping lines to Vallarpadam International Container Transhipment Terminal (ICTT). DP World is attracting shipping lines by informing them about the productivity and performance of the term
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Container traffic at NMPT rises
New Mangalore Port Trust (NMPT) has reportedly handled 37,101 Twenty Foot Equivalent Unit (TEU) of container cargo so far during 2012-13 compared to 35,792 TEU handled during the corresponding period of 2011-12. This represents a growth rate of 3.66 percent. The port expects the container traffic to rise going forward once
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Transport Corporation of India Limited Q3 revenues up by 5%
TCI, India's leading integrated supply chain and logistics solutions provider today announced its financial result for the quarter / Nine months ended December 31, 2012. The company's total revenue for the third quarter registered a growth of 5.33% rising to Rs. 491.91 crore from Rs. 467 crore in the corresponding period last year. It has registered a decline in EBITDA margin for the period to Rs. 34.25 crore from Rs. 38.56 crore in the corresponding quarter last year due to prolonged economic s