Business groups in the Visakhapatnam-Rajahmundry-Vijayawada region must revive the coastal shipping and inland waterways sector, Gravity 2.0, a forum of entrepreneurs in the region feel. Earlier, the region was known for its shipping and trade on the sea and also shipbuilding industry. However, with the passage of time, interest in it has dimin
Category: Ports & Shipping
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GPL to begin full-fledged operation soon
Gopalpur Port (GPL) would begin full-fledged operation within a month after rectification of defects, if any, following the test run, a top official of the port said. Since 2010, the port operation had been stopped for its upgradation to an all weather port. Before 2010, the port, located at Arjeepalli was functioning as a seasonal port
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Bidders submit high quotes for Haldia port contract
Kolkata Port Trust (KoPT) intends to examine why
interested bidders are offering higher quotes for the mechanised cargo handling at Haldia port. Speaking to media persons, Manish Jain, Deputy Chairman, Haldia Port, KoPT, said the port authorities must examine why no interested bidders could match the tariffs charged by ABG-LDA run previous contractor Haldia Bulk Terminals (HBT
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Cargo volume of minor ports in Gujarat rises 11%
During 2012-13, cargo volume at minor and intermediate ports under Gujarat Maritime Board (GMB)
expanded 11 percent to 288 million tonne (mn t) from from 259 mn t in the previous year. There are around 21 functional minor ports under the direct control of the GMB. Cargo handling at APSEZ's Mundra port rose 21 percent to over 82 mn t during 2012-13 compared to the volumes handled a year ago. Simi
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CCI asks agencies to stick to timeline
At a recent meeting, the Cabinet Committee on Investments (CCI) urged security agencies to stick to the 12-week timeline, prescribed by the Cabinet Committee on Security. It may be recalled that earlier, the Cabinet Committee on Security decided to adhere to a 12-week timeline for
providing inputs on port development projects that are delayed owing to pending clearances. Following this, the shipp
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Odisha govt asks NEC to expedite Rs 74 bn project
Odisha government urged Navayuga Engineering Company (NEC) to expedite work on the proposed all-weather port project at Astaranga in Puri district. The company has planned to develop the port at an estimated cost of Rs 7,417 crore, in the first phase, and handle 17.7 million tonne cargo. The state government also directed the concerned officers to accelerate the land acquisition process, both for the
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Odisha govt asks NEC to expedite Rs 74 bn project
Odisha government urged Navayuga Engineering Company (NEC) to expedite work on the proposed all-weather port project at Astaranga in Puri district. The company has planned to develop the port at an estimated cost of Rs 7,417 crore, in the first phase, and handle 17.7 million tonne cargo. The state government also directed the concerned officers to accelerate the land acquisition process, both for the
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NMPT handles 5.09 mn t cargo in 45 days
Between April 1 and March 15, the New Mangalore Port Trust (NMPT) handled 5.09 million tonne (mn t) of cargo, 31.52 per cent higher than 3.87 mn t handled in the year-ago period. The port derived a large portion of its business from Mangalore Refinery and Petrochemicals as it handled 1.92 mn t (1.39 mn t) of crude oil and 1.05 mn t (0.5 mn t) of product cargo for the state-run firm during the above period
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First capesize vessel calls at Dighi Port
Maharashtra-based Dighi Port handled the first Capesize vessel – MV ‘Luciana Della Gatta’ of 1.22 lakh DWT, loaded with coal recently. This is the maiden handling of large bulk carriers by the multi-purpose port, which is located 42 nautical miles from Mumbai. The port achieved a discharge rate of 800 tonne per hour in handling the coal cargo, Vijay Kalantri, Chairman and Managing Director, Dighi Port, said through a press release
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Dragados to exit Rs 14 bn port project
Spanish logistics firm Dragados reportedly wants to offload its 24 percent stake in a joint venture with Gammon Infrastructure Projects for setting up the Rs 1,400-crore Indira Container Terminal at Mumbai Port. Both the firms jointly bagged the project in 2007. The Indira container terminal at Mumbai Port is an equal joint venture between Gammon Infrastructure and Spain-based Dragados