Union Shipping Ministry plans to create cargo handling capacity of 280 million tonne (mn t) at major ports in the country mainly through the public-private-partnership (PPP) mode during 2013-14. In 2012-13, the port awarded 32 port projects with a predictable investment of Rs 6,700 crore. Speaking at the 50th National Maritime Day celebrations, Union Shipping Minis
Category: Ports & Shipping
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Govt to create 280 mn t cargo handling capacity in FY14
Union Shipping Ministry plans to create cargo handling capacity of 280 million tonne (mn t) at major ports in the country mainly through the public-private-partnership (PPP) mode during 2013-14. In 2012-13, the port awarded 32 port projects with a predictable investment of Rs 6,700 crore. Speaking at the 50th National Maritime Day celebrations, Union Shipping Minis
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Kakinada port to spend Rs 650 cr on dredging project
KV Rao, Chairman of Kakinada Deep Water Port informed a leading media that the port would spend Rs 650 crore over the next two years on dredging activity. The dredging activity is intended to increase depth of the entrance channel to 16 metre from the present 14 metre, reports suggest. The port authority expects to complete the dredging project by December 2014 after which the port
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KPT to close bids for cargo handling contract on April 23
The Kolkata Port Trust (KoPT) would close the tender inviting bids for cargo handling at two berths in Haldia Dock Complex (HDC) on April 23. The port authority wants to engage a new cargo handling firm following the exit of Haldia Bulk Terminal (HBT) in November 2012
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Cargo volume at KoPT declines 7.79%
Cargo volume handled by Kolkata Port Trust (KoPT) stood at 39.88 million tonne (mn t) in 2012-13, which is 7.79 percent lower than 43.25 mn t in the previous fiscal. In 2012-13, cargo throughput attained by Kolkata Dock System (KDS) declined 3.5 percent at 11.8 mn t. On the other hand, cargo handled by Haldia Dock contracted 9.4 percent to 28.08 mn t during the fiscal. Repo
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NMPT conducts trial operation at new berth
P Tamilvanan, Chairman of the New Mangalore Port Trust (NMPT) informed media persons that the port was conducting trial operation at the new berth for handling petroleum products. The port has already completed civil works on the berth, which can handle ships of 1.25 lakh DWT (dead weight tonnage). (DWT is a measure of how much weight a ship can carry
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NMPT’s cargo handling grows 12.44% in FY13
During 2012-13, cargo handling at the New Mangalore Port Trust (NMPT) grew 12.44 per cent to 37.04 million tonne (mn t) from 32.94 mn t in 2011-12. Cargo volume in the port received a boost from the increase in the handling of crude oil, petroleum products, coal and container cargoes, the port
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Cargo handling at PPT rises 4.2%
Cargo volume handled by Paradip Port Trust (PPT) rose 4.24 per cent to 56.55 million tonne (mn t) during 2012-13 compared to 54.55 mn t in the earlier year. The port raised its cargo handling capacity to 102 mn t in 2012-13 from 80 mn t last year following commissioning of the single point mooring for handling 320,000 tonne capacity vessels
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Cement firms bet big on govt projects ahead of election
Some industry players and analysts feel that demand for cement may rise in the coming months as government expedite key construction projects ahead of Lok Sabha election. VP Sharma, Chief Operating Officer of Dalmia Cement said the oversupply situation still persists but since elections are next year, a slew of measures by the government may turn
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Work on channel deepening at PPT nears completion
The work on deepening of the channel at Paradip Port Trust (PPT) in Odisha is approaching completion, the port authority informed through its official website. After completion of this project, the entrance channel will have a depth of 17.1 metre (m) and approach channel will have a depth of 18.7 m to handle vessels up to 125,000 DWT.