Reports suggest that Krishnapatnam Port, located in Andhra Pradesh has handled 13.8 million tonne (mn t) cargo since April 2012. In 2011-12, the port loaded 15.9 mn t of cargo. The port has the capacity to handle 40-45 mn t of cargo from 11 berths built with an investment of about Rs 4,000 crore. It is one of IndiaĆ¢ā¬ā¢s deepest ports with a draft of 18.5 meter and is capable of accommodating the biggest ships operating today
Author: admin (Infratructure Today)
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KoPT may seek TMIL’s aid to clear cargo
In order to clear the backlog of cargo at Haldia Dock Complex (HDC), Kolkata Port Trust (KoPT) may approach Tata Martrade International Logistics (TMIL) to use their mobile harbour crane. TMIL's service may be used at berth number 12 to berth number 13 also where the cargo for Haldia Bulk Terminals (HBT) terminals would be diverted, reports suggest. Cargo operations at berth numbers 2 and 8 of HDC is affec
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Body opposes outsourcing of work
The All India Port and Dock WorkersĆ¢ā¬ā¢ Federation has criticised what it calls the government's move to outsource cargo handling work to contract labourers. SR Kulkarni, president of the Federation said in a statement that the government should end its policy of marginalizing the working class and their organizations. He said though workers at the major ports had put up great performance, the port authorities were outs
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SCI may post losses in 2012-13
Some investment analysts expect Shipping Corp. of India (SCI) to incur losses in 2012-13 too because of depressed freight rates and a slowing global economy. The slowdown in world economy reduces trade and thereby hurts business prospects of shipping firms. In the quarter ended September 2012, the company posted a net profit of Rs 297 crore mainly because of an extraordinary item
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New charges offset concessions for vessels
According to industry sources, the levy of Indian Light House charged by the Kochi CustomsĆ¢ā¬ā¢ may offset some concessions now being offered by the port management to attract more vessels. Recently, Kochi Customs decided to collect Indian Light House dues for on-deck cargo on all vessels calling at the port effectively nullified the tariff reduction measure of the port
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Bangladesh gets investment proposal from UAE
Bangladesh received proposal from the United Arab Emirates to invest in four multi-billion-dollar projects in the shipping sector in the country. Bangladesh government is said to be positively considering the proposal. The projects also include development of a deep-sea port at Sonadia for which China and India have expr
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Cargo handling capacity of Chennai terminal doubles
The cargo handling capacity of Chennai International Terminals has doubled to 1.1 million TEUs with the procurement of some additional equipments.
Following the procurement, the terminal owned and managed by PSA International, now has seven super post panamax quay cranes (all twin lifts) and 18 rubber-tyred gantry cranes. The company is also increasing the number of reefer plugs
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Road construction sector on the path of recovery
Industry players feel that the road construction sector is on the path to recovery with the government announcing new norms for road development. It is learnt that the improvement in the project award and execution has caused a sudden surge in demand for construction machinery, building material machines, mining machines and construction
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Civic body removes road encroachments to widen roads
For widening of Allahabad roads for the Mahakumbh in January and February, the Allahabad Municipal Corporation squad removed encroachments from Government Press crossing till Vivekannd crossing on November 21.
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Consultants hired to find land for intl airport at Agra
To find a suitable land for international airport in Agra the Uttar Pradesh Tourism Department on November 20 has hired consultants. The Department has approved a consortium of experts comprising RITES and KPMG Advisory Services for the purpose and a letter of intent has been issued to the companies.