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
Category: Ports & Shipping
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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.
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Kandla Port to set up new terminal
Kandla Port Trust in Gujarat has two dedicated container handling berths currently and the port authority plans to set up another container terminal at Tuna-Tekra at a cost of Rs 3,000 crore.
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Major ports handle 2.58% less cargo in 2012-13
In 2012-13, the 12 major ports of the country handled a combined 545.68 million tonne (mn t) cargo, which is down 2.58 percent from 560.137 mn t in the previous year. A Janardhana Rao, Managing Director of Indian Ports Association (IPA) said this is the second straight year of contraction in cargo volume. In 2011-12, cargo handling of these ports declined 1.73 percent over the previ
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Container terminal at Krishnapatnam port to be operational
The initial phase of a container terminal at the Krishnapatnam port is set to begin operation. The terminal is learnt to be able to handle 1.2 million TEUs in the first phase and after completion of the entire project, the terminal may handle 6 million TEUs. The port is said to have spent Rs 1,500 crore on the container terminal, which has five advanced gantry crane
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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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Faster implementation is imperative
The logistics sector grows at rates faster than GDP, and investment in logistics infrastructure needs to be made 10 years ahead of requirement,
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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
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
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