The Mormugao Port located in Goa, is a premier iron ore exporting port on the west coast of India. This port lies midway between the ports of Mumbai and New Mangalore.
Category: Ports & Shipping
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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
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
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Association suggests port to dredge Hooghly river
In a memorandum to the Chairman of the Kolkata Port Trust, the Association of Shipping Interests in Calcutta (ASIC) urged the former to get dredging done in the Hooghly river through a private player. The association asked the port to examine the scope of appointing private dredging majors for better navigability on the Hooghly river. Currently, public sector Dred
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DP World Cochin raises draft at ICTT
The maximum draft of ships calling at the Vallarpadam International Container Transshipment Terminal (ICTT) is raised to 14 meter (about 46 feet) following harbor and channel dredging by DP World Cochin. Dubai-based DP World is operating the Vallarpadam terminal along with Cochin Port Trust (CoPT) in a public-private partnership (PPP) model
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Projects worth Rs 63 bn awarded so far in 2012-13
Agency reports indicate that the union shipping ministry awarded 27 projects worth Rs 6,302.31 crore between April 1, 2012 and March 19, 2013. It may be recalled that the ministry aimed to award 42 projects entailing Rs 14,500-crore investment in 2012-13. The targeted 42 projects were to raise the capacity of major ports by 245 million tonne (mn t). However, the a
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Container traffic at Chinese ports rises
Container traffic at the ports in northern Hebei of China rose 22.8 percent on a year-on-year basis to 142,000 Twenty Foot Equivalent Unit (TEU) in the first 2 months 2013. The collective cargo throughput increased 10.9 percent to 134.83 million tonne (mn t). While the port of Qinh
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Minister clarifies on boat building industry in Lakshadweep
The boat building industry in Lakshadweep Islands is not dormant owing to shortage of funds. As reported by Union Territory of Lakshadweep Administration (UTLA), boat building has been taken over by the people in Lakshadweep Islands and the quantum of work in the government boat building yard is less. However, UTLA provides financial assistance for boat building. For multi day fishing vessels, 50 percent of the cons
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Shipping ministry introduces amendment bill
Minister of State for Shipping Milind Deora introduced an amendment bill for the Merchant Shipping Act 1958. The government wants to amend the Act to provide for the enforcement of the anti-fouling systems (AFS) Convention 2001. Under the global convention, a list of
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Govt project may upgrade connectivity to ICTT
Kerala government's plan to construct Azheekode Munambam Bridge and a coastal corridor from Vallarpadam to Kozhikode via Ponnani may benefit International Container Transshipment Terminal (ICTT) at Vallarpadam, reports suggest. The present congestion on National Highway (NH) 17 will be reduced once this corridor becomes a reality. The proposed bridge and the corridor may enable smo