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MPT to become multi-specialty port

MPT to become multi-specialty port

Goa-based Mormugao Port Trust (MPT) is taking efforts to diversify the cargo handling of the port and convert it into a multi-specialty port. The port, which largely handles iron ore cargo, has been under severe financial stress because of decline in ore traffic on the back of ban on illegal mining in Goa and Karnataka

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Northern Port Access Road project revived in Chennai

Northern Port Access Road project revived in Chennai

To improve connectivity to the Ennore port and to boost industrial growth in the North Chennai, the Tamil Nadu government has revived the Northern Port Access (NPA) Road project to connect the Ennore port with Thatchur near Panchetti on Chennai Kolkata Highway. The State Highways Department has entrusted the work of updating the detailed project report for the NPA road project to a consultant.

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Govt takes steps to support shipping sector

Govt takes steps to support shipping sector

Union Shipping Minister GK Vasan informed Lok Sabha that the government took several steps to support shipping sector in the last several years. Specifically, the government introduced the tonnage tax system during 2004-05 to provide a level playing field to the Indian shipping sector

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Govt takes steps to support shipping sector

Govt takes steps to support shipping sector

Union Shipping Minister GK Vasan informed Lok Sabha that the government took several steps to support shipping sector in the last several years. Specifically, the government introduced the tonnage tax system during 2004-05 to provide a level playing field to the Indian shipping sector

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Govt awarded 58 port projects in PPP mode so far

Govt awarded 58 port projects in PPP mode so far

Till March 31,2013, the government awarded 58 port development projects in Public Private Partnership (PPP) mode. Of these, 29 projects have been completed, 16 are at various stages of construction and the remaining 13 were awarded during 2012-

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Govt committee says Adani port, SEZ flouted green norms

Govt committee says Adani port, SEZ flouted green norms

Adani Port and Special Economic Zone (APSEZ) has violated environmental clearance conditions, said a committee set up by the Union Ministry of Environment and Forests (MoEF). It recommended an environment restoration fund be formed to mitigate the damage. The fund, it said, should be worth one per cent of the project cost (including the cost of the thermal power plant), or Rs 200 crore, whichever was higher.

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Mundra port attains 2nd rank in container volume

Mundra port attains 2nd rank in container volume

Gujarat-based Mundra port overtook Chennai port to become the countryÂ’s second biggest container gateway in 2012-13. The Gautam Adani-operated Mundra port loaded 1.57 million standard containers in fiscal 2013. The number one spot in this cargo category has been held for a long time by union government-controlled Jawa

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CAG report finds fault with port development in Maharashtra

CAG report finds fault with port development in Maharashtra

According to a recent report by the Comptroller and Auditor General (CAG), the Maharashtra Maritime Board failed to prepare any comprehensive plan with a long-term vision for minor ports in the state. The report on General and Social Sector, which was tabled in the state legislature, shows that the maritime board is developing the ports in the state in an ad-hoc manner owing to lack

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Ministry panel for cancelling part of Adani’s SEZ project

Ministry panel for cancelling part of Adani’s SEZ project

A committee under the union environment ministry recommended the ministry to cancel the clearance for the northern part of Adani Group's Mundra Port and Special Economic Zone. The committee, headed by Sunita Narain, director-general of Delhi-based Centre for Science and Environment, alleged Adani Group with violating green norm