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Operation at Gopalpur port to begin soon

Operation at Gopalpur port to begin soon

MM Moharana, Director of Gopalpur Port (GPL) in Odisha informed that the actual operation in the port would begin within the next fortnight and the port can now handle around 3 million tonne (mn t) cargo annually. It may be recalled that operation at the port, located off Ganjam coast, was suspended in the last two years as the erstwhile seasonal minor port was being converted into a

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High Court hears appeal filed by KoPT

High Court hears appeal filed by KoPT

Calcutta High Court is hearing an appeal filed by Kolkata Port Trust against the decision of a single-judge bench allowing ABG Haldia Bulk Terminals to remove all its equipment from Haldia port. Justice Sanjib Banerjee, on March 22 allowed ABG to remove all its equipment from Haldia port subject to the payment of any customs charges that may have been due

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Kerala govt plays down warning on disruption in services

Kerala govt plays down warning on disruption in services

The Port Department of Kerala government denied there would be any disruption in ferry services as boats and other ships were in the process of renewing their annual licences. Sources from the department informed that the boats and ships using the port waters may renew their licences annually and the process was

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JNPT revokes cancellation order against DBC

JNPT revokes cancellation order against DBC

At a recent meeting, the board of trustees of Jawaharlal Nehru (JN) Port decided to continue with the agreement of DBC Port Logistics to operate a container freight station (CFS). The port management was authorized by the board to consider levying a penalty on DBC as a deterrent against potential contractual breaches

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Odisha govt awaits report on proposed port project

Odisha govt awaits report on proposed port project

Commerce and transport Minister of Odisha Subrat Tarai informed that the state government was awaiting a report on the techno-economic feasibility study (TEFS) for the proposed port at Bichitrapur in Balasore district. Sources in the knowhow informed that the threat posed to the nearby Subarnarekha river mouth is a challenge for the proposed captive deep-sea port at Bichit

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Vizag port did not get bids for WQ berths project

Vizag port did not get bids for WQ berths project

Private players have not shown interest in bidding for the WQ North berthsÂ’ improvement project, which Visakhapatnam Port Trust plans to implement. The port trust did not receive bids for the WQ 7 and 8 berth mechanization under WQ North project when the bids were opened. The port authority wanted to implement the project at a cost of Rs 393 crore. Vedanta and Essar would be main contenders for mech

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Kollam port needs infrastructure to handle cargo

Kollam port needs infrastructure to handle cargo

Kollam cargo port urgently requires infrastructure like cranes for handling containers cargoes from vessels. Recently, a multi purpose 1,600 DWT container vessel, MV Karuthal , arrived at the port as part of a trial run calling at various small ports of the state. The captain of the ship Zaw Win Thein said that the port appeared very calm and looked ideal for receiving ships

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Investors lose appetite for tax-free infrastructure bonds

Investors lose appetite for tax-free infrastructure bonds

Industry players feel that capital market investors and private equity funds have low appetite for investment in infrastructure sector because of inherent risks involved in such ventures. Poor appetite among investors for this sector is evident from the weak response to the bond issues of infrastructure companies. Ennore Port, Dredging Corporation of India and the Jawaharlal Nehru Port Trust (JNPT) received tepid respo