SS Misra, Chairman of Paradip Port Trust (PPT) informed that the port management has given top priority to berth mechanisation and acquisition of two mobile harbour cranes. He said this while explaining the cargo volume handled by the port in April 2013. During the month, the port handled 5.65 million tonne (mn t) of traffic, thus posting 4.24 per cent growth over the same period
Category: Ports & Shipping
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Cabinet to consider chartering demands of SAIL, RINL
According to unconfirmed media reports, the union cabinet may decide on whether to allow Steel Authority of India (SAIL) and Rashtriya Ispat Nigam (RINL) to charter hire vessels to import raw materials. Every year, the two firms together import around 14-15 million tonne of raw materials. As SAIL is expanding capacity to 23.46 million tonne per annum and RINL
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KoPT expects Rs 5 cr from ship breaking operation
Kolkata Port Trust (KoPT) expects to earn revenues worth nearly Rs 5 crore a year initially through ship breaking operation, which it decided to resume after a gap of almost three years.
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JNPT reviews plan to split Rs 82 bn container terminal project
The board of trustees of the Jawaharlal Nehru port (JNPT) is considering whether to award the Rs 8,200 crore container terminal project by splitting it into two contracts or awarding it as a single contract. L Radhakrishnan, Chairman of the port, advocated splitting the project on grounds that developing the terminal through two competing partners by redesigning the p
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AP ports lose share in pharma exports to western ports
PV Appaji, Director General of the Pharmaceuticals Export Promotion Council of India (Pharmexcil) informed that many Andhra Pradesh-based pharma companies preferred Western ports, mainly JNPT, to export their drugs. This lead to a fall in drug volumes handled by ports in Andhra Pradesh. Pharma exports from ports in the state declined to 18 percent as compared to 22 percent in 201
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Board of Chennai port clears plan to conduct fresh bidding
It is learnt from media reports that the board of trustees of the Chennai port approved a proposal to conduct fresh price bidding from pre-qualified bidders for the Rs 3,686 crore container terminal project. The move comes after the central government allowed Adani Ports and Special Economic Zone (APSEZ), IndiaĂâs biggest private port operator, to partic
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IOC to get land from Ennore Port for LNG terminal
Ennore Port (EPL) received approval of the union cabinet to lease land measuring 520,000 square metre to a joint venture led by state-owned Indian Oil Corp (IOC) for the 5 million tonne a year liquefied natural gas (LNG) terminal project. While IOC will hold majority stake in the joint venture, Tamil Nadu Industrial Development Corporation (TID
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CCEA clears two major port projects
The Cabinet Committee on Economic Affairs (CCEA) approved the setting up of two major ports, one each in West Bengal and Andhra Pradesh. The ports would be set up in at Sagar Island, West Bengal and at Dugarajapatnam in Andhra Pradesh on Public Private Partnership (PPP) mode. According to a government press release, the existing port facilities at Kolkata and Haldia are riverine ports and are f
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Kerala govt to give more sops for coastal shipping
Kerala Chief Minister Oommen Chandy informed that the state would be willing to make further changes to make the financial incentive scheme more useful for the players in the coastal shipping sector. It may be noted that the state government is the first to introduce financial incentives for water transport, by giving a subsidy of Rs 1 per tonne for cargo mov
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Karaikal Port handles BHEL’s exports
Karaikal Port, which is a new-generation green field port in Tamil Nadu, handles sensitive cargo of the state-run Bharat Heavy Electricals (BHEL), Tiruchi. The port first handled BHELĂâs shipment of boiler components for two 135-mw Circulating Fluidised Bed Combustion boilers to New Caledonia, a French colony near Australia, in January 2010. BHEL despatched 14,000 tonn