Cargo traffic at 12 major ports recorded a marginal rise of 1.78 per cent at 555.5 million tonne (mt) during 2013-14. The cargo handled by these ports stood at 545.79 mt in 2012-13.
Author: admin (Infratructure Today)
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Lanco withdraws from Australia port project
Lanco Infratech Ltd is scaling down its proposed coal mining-cum-infrastructure project in Australia. The proposal for the development of Lanco Resources Australia Pty Ltd's Bunbury Port Berth 14 at the Bunbury Port Inner Harbour was withdrawn.
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CSL appoints new finance director
D Paul Ranjan has assumed charge as Director (Finance) of Cochin Shipyard Ltd (CSL) from 1 May 2014. A Chartered Accountant by profession, Paul Ranjan joined the company as executive trainee in 1984.
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Exporters to enjoy 50 per cent freight subsidy
Exporters are likely to enjoy a subsidy of up to 50 per cent on total freight charges paid on shipment of merchandise through ports outside Odisha. The draft export policy says the state government will reimburse up to 50 per cent of the cost
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SR freight traffic goes up
Southern Railway (SR) freight loading has for the first time crossed the 40-million tonne (mt) mark. Rakesh Misra, General Manager, Southern Railway, said that during 2013-14, the zonal railway had recorded its best-ever loading of 42.403 million tonne of freight.
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Mumbai Metro first phase ready
The first phase of the Mumbai Metro, connecting Versova to Ghatkopar in suburban Mumbai, is ready, however, the route fare has still not been fixed by the project developers
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Alternate plan to boost Indian shipping
The Centre has mooted an alternate plan to boost Indian flag bearing liners and offer some benefits that are enjoyed by foreign liners. There are a number of carriers with foreign flags but controlled by Indian operators
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KMRCL to purchase land directly
The Kerala government has decided to give Kochi Metro Rail Ltd (KMRL) the authority for direct purchase of land for the project. This was decided at a high-level review meeting headed by Chief Minister Oommen Chandy
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Delhi Metro completes viaduct
The Delhi Metro announced the completion of its construction of a cross-over viaduct above the existing operational line at east Delhi's Karkarduma Metro station, 21 m above the ground. Calling it a rare feat,
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Begumpet-Balkampet link road by end May
The much-delayed link road between Begumpet and Balkampet should be completed by 25 May, GHMC Commissioner Somesh Kumar has said. The commissioner expressed confidence that the 'hanging bridge',