At 43 million tonne (mn t), cargo volume at the 12 major ports in the country declined 6.2 percent in April from 46 mn t in the year-ago month. The fall in cargo volume is mainly attributed to a decline in cargo handling at Mormugao Port in Goa as well as Mumbai Port
Author: admin (Infratructure Today)
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Vested interest dominate agenda of major ports; experts
Experts allege that the board of boards of trustees of the 11 major ports in the country are filled with people who promote their own interests rather than that of the ports. They point out that the boards are composed of shipping agents, defence and navy personnel, officials of the directorate general of shipping, Indian Railways offic
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Coal stock rises across several ports
Data from Interocean Group shows that coal stock across several ports in the country grew 5.8 percent to about 10.8 million (mn t) as of May 3 compared to 10.27 mn t in the previous week. The stock includes both thermal and coking coal. Of the 10.8 mn t, coking coal comprised 2.30 mn t, up from about 2.24 mn t a week ago. The company collected data from 16 ports across the country
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Income of Gujarat Pipavav Port rises in March quarter
Net sales or income from operation of Gujarat Pipavav Port rose to Rs 124.47 crore during Jan-Mar 2013 from Rs 100.38 crore in the year-ago period. The port posted Rs 35.37 crore net profit during the quarter under consideration against Rs 14.08 crore in the corresponding period of
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NMC to present Rs 23 bn budget for FY14
Nashik Municipal Corporation (NMC) would announce a Rs 2,539.95 crore civic budget for 2013-14 on May 14. It may be recalled that the standing committee of the civic body raised the size of the budget from the initial estimate of Rs 1,556.80 crore to Rs 2,359.95 crore. The committee revised the budget estimates by suggesting measures to increase the revenue of the civic body by Rs 803.15
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Chamber wants construction of flyovers at Kochi
Kerala government must begin construction of the proposed flyovers at Edappally and Vyttila in Kochi, Kerala Chamber of Commerce and Industry demanded. The proposed flyovers would mitigate traffic congestion in the National Highway and facilitate trade and commerce activities in Kochi, the chamber said. The chamber called for the construction of Kundannoor flyover on a priority-basis. The ĂâPortal Frame FlyoverĂâ model sugg
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Authorities choose wrong roads for repair
Some reports criticised the Chennai Municipal Corporation and the state government for making wrong choice of roads for repair projects. Residents complain that the civic body chose good roads for repair projects while neglecting poor quality roads for such projects. For example, the civic body chose Gandhi Nagar that already has good roads and pavements
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Industry seeks steps to promote coastal shipping
The participants of a one-day summit on the Coastal Shipping and IWT (inland water transport) in Kerala demanded the government to take steps to promote the sector. Specifically, the participants want the government to grant infrastructure status to coastal shipping on the lines of inland water transport
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Gujarat govt finalising slum rehab policy
Gujarat government is finalising the proposed Slum Development Policy 2013, which aims to promote development of organized housing for urban slum dwellers by both private sector and state agencies. The government is working on the incentives to be provided for private developers, along with subsidy for carrying out slum rehabilitation projects. Private developers will be offered greater FSI (floor space index) as a
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Govt to upgrade Juhu airport for Rs 20 bn
Media reports indicate that the union government approved a Rs 2,000 crore project to extend the runway of Juhu airport in Mumbai by 650 metre into the sea. The project, which is part of the overall plan to redevelop the airport, is intended to begin operation of private jet and small turboprop and ATR in