Agency reports indicate that the cargo handling at the Dhamra Port in Odisha doubled during 2012-13 to 10 million tonne (mn t) from over 5 mn t in the previous year. Between April 1, 2012 and March 5, 2013, the port handled 10 mn t cargo. During this period, the port handled over 8 mn t of import cargo -- the highest by any Indian port in only the second year of its operations, repo
Category: Ports & Shipping
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Ministry’s move may instill confidence
Industry observers feel that the recent policy steps taken by the union shipping ministry may instill confidence among investors and thereby improve the pace of port project execution. A key step taken by the ministry is to allow terminal operators at major ports in the country to fix market-linked tariffs for projects coming up after April
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Work on Gopalpur Port progresses according to schedule
Sources from Gopalpur Ports (GPL) informed that the improvement and construction work of the port was progressing as per the schedule. The breakwater to the south of the port had to be of 2,170 meter long. Its 1,700 meter was complete. The work of intermediate breakwater has been
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Ennore Port, JNPT raise funds via bonds
Ennore Port and Jawaharlal Nehru Port Trust (JNPT) are in the processing of raising funds through issue of tax-free bonds. While Ennore Port is raising Rs 1,000-crore through the bond, JNPT would raise Rs 2,000 crore. Ennore Port offers two categories of bonds: 10 year bonds bearing annual rate of interest of 7.01 per cent and 15 years offering 7.17
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Existing operators may not benefit from new draft norms
The draft guidelines, if implemented, would not be applicable to the existing 16 private terminals that have been operating for several years. These terminals would be governed by their respective guidelines framed in 2005. It may be noted that the validity of the 2005 norms ended in 2010 after a five-year run, but has been extended many times. The last extension ended in Dece
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Ministry releases draft norms for tariff structure
Union shipping ministry released a draft guideline for the tariff structure of the Major Port Trusts (MPTs). According to the guideline, the MPTs would be allowed to set their own tariff, which can be higher or lower than the reference tariff set by the Tariff Authority for Major Ports (TAMP
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Ministry releases draft norms for tariff structure
Union shipping ministry released a draft guideline for the tariff structure of the Major Port Trusts (MPTs). According to the guideline, the MPTs would be allowed to set their own tariff, which can be higher or lower than the reference tariff set by the Tariff Authority for Major Ports (TAMP
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JNPT to upgrade port connectivity infrastructure
In order to make its proposed fourth container terminal project more attractive to bidders, Jawaharlal Nehru Port Trust (JNPT) plans to boost connectivity infrastructure at the port. The port authority plans to upgrade its approach roads and rail connectivity to make the project more attractive to the private operators
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Directorate of Shipping to lease vessels
Port Blair is a notified port by the Indian government and is classified as an "intermediate port". It serves as the main port of call for services from the mainland to the union territory and is also the principal hub for shipping in the islands.
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KPT to hire contractor for repairing service
Kandla Port (KPT), the country's largest port in terms of cargo handling, is in the process of setting up an oil jetty to handle liquid cargo and ship bunkering terminal at old Kandla. The entire project is estimated to cost Rs 233 crore and will be developed on build, operate, transfer (BOT) basis under public private partnership (PPP) mode.