Shipping industry sources allege that the charges collected by DP World for its various services offered by it at Vallarpadam ICTT (International Container Transshipment Terminal) may drive away trade from Kochi. DP World, which operates the terminal, is said to be collecting Rs 500 per 20 ft container for the pre-shipment facility, against the earlier Rs 22 per container at th
Category: Ports & Shipping
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Govt to publish draft guidelines on tariff setting
Media reports indicate that the government would publish the final draft guidelines on tariff setting by ports in the country after it receives the clearance from Shipping Minister GK Vasan. The final draft guidelines allows the Tariff Authority for Major Ports (TAMP) to notify first a port-wise reference rate for various commodities. TAMP will set the reference tariff that will typically be the highest prevailing rate set on the basis of guidelines fram
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Govt to publish draft guidelines on tariff setting
Media reports indicate that the government would publish the final draft guidelines on tariff setting by ports in the country after it receives the clearance from Shipping Minister GK Vasan. The final draft guidelines allows the Tariff Authority for Major Ports (TAMP) to notify first a port-wise reference rate for various commodities. TAMP will set the reference tariff that will typically be the highest prevailing rate set on the basis of guidelines fram
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Dighi Port to invest upto Rs 18 bn to develop infrastructure
Dighi Port, the first and the largest greenfield port of Maharashtra, is located at a distance of 42 nautical miles (NM) from Mumbai Port and 170 km south of Mumbai by road.
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Ore volume at PPT rises 329%
Paradip Port Trust (PPT) handled 329 percent more iron ore at 7.65 lakh ton during April-May 2013 compared to 1.78 lakh ton in the year-ago period. The strong growth in ore throughput from the port has given rise to hope of a revival in its export, which has been dwindling for the past couple of years. During the two months, the port witnessed rise in throughput in some other cargoes as well. The other item
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Vizag port seeks Rites’ suggestion for Rs 6.3 bn project
Visakhapatnam Port Trust (VPT) mandated Rites to study the revenue sharing model for the proposed Rs 634-crore second container berth project at the port. VPT roped in Rites to suggest a revenue sharing model because it is not satisfied with the revenue share offered by Visakha Container Terminal Private Limited (VCT
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Ministry clears Ponnani port project in Kerala
The ministry of environment and forest (MoEF) gave approval to Malabar Ports Private Limited (MPPL) for setting up the Ponnani cargo port in Kerala. Following this, the Chennai-based construction agency
has applied for the final 'Consent for Establishment' to the state
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JN Port to take steps to kickstart Rs 8 bn project
The board of the Jawaharlal Nehru Port Trust (JNPT) would soon take a decision to break the deadlock on the Rs 800 crore container loading facility project to be developed by DP World. The proposed facility, with a capacity to load 800,000 standard containers a year, is key to JN PortÂ’s expansion plans
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Some experts support splitting Rs 82 bn project
Even as the board of the Jawaharlal Nehru port (JNPT) decided to award the Rs 8,200 crore container terminal project through a single tender, some experts support the earlier decision of splitting the project. The earlier decision to split the contract into two was supported by the trade, terminal operators and consultants alike. They felt that splitting the project into two
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Mumbai Port closes Hay Bunder
Mumbai Port Trust will ensure from this month there is no docking at Hay Bunder and barges are re-routed. Hay Bunder has been inactive because a lot of vessels heading there do not comply with security requirements. Hay Bunder has been used extensively by vessels transporting chemicals and fertilisers