Cargo handling at the New Mangalore Port Trust (NMPT) rose 12.93 per cent to 33.61 million tonne (mn t) during April-February of 2012-13 as against 29.76 mn t in the year-ago period.
Category: Ports & Shipping
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Essar port in Mozambique
The Essar Group is planning to set up a 10-million tonne (mn t) port in Mozambique, at a cost of $275 million (Rs 1,496 crore). This port will facilitate exports from Zimbabwe Iron and Steel Company (ZISCO), a Zimbabwe-based company it acquired in 2010.
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VOC Port setting up 2nd container terminal
VO Chidambaranar Port at Tuticorin is converting its eighth berth into a container terminal with a capacity to handle six lakh TEUs at a cost of Rs 312.23 crore.
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Karnataka govt seeks nod for 11 rail projects
In a letter to Railways Minister PK Bansal, Karnataka Chief Minister Jagadish Shettar requested approval for 11 new railway projects for the state. He informed the minister that the state government has already conveyed its willingness to provide land free of cost and share the cost of construction of the projects on a 50:50 basis. These projects include Tumkur-Kunigal-Maddur; Tiptur-Dudda; Gada
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USTDA asks Vizag port to avail its assistance
The US Trade Development Authority (USTDA) asked Visakhapatnam Port Trust to avail its development assistance for enhancing growth potential of the port. USTDA, which was hitherto focusing on the development of aviation sector in India, has taken up port development activities recently
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EPL to make Puducherry Port its extended arm
Ennore Port (EPL) is in the process of making the Puducherry Port its extended arm and in this regard, the former would conduct a feasibility study for carrying out various projects at the union territory port. Officials of both the ports are holding discussion in this regard and it is learnt that the talks are still in preliminary stages. EPL plans to commission a feasibility report for dredging, modernizing and constructing berths at Pudu
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Cochin Port agrees to demands of trailer crew
At a meeting with the trade unions, the Cochin Port Trust agreed to hike the portion of lorry rent given to the drivers and cleaners. From eight per cent and 4 per cent, the proportion has been increased to 10.5 per cent and 5.25 per cent respectively. Following this, the trailer crew at the port ended their strike on the 11th day recently. The meeting was atte
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Rio Tinto to ship HIsmelt unit to Chinese firm
The Rio Tinto Group decided to ship its steel making equipments based on HIsmelt technology from its plant at Kwinana, Australia to the Chinese steel maker Molong as the latter has a more urgent need for the technology. It may be recalled that the Australian miner earlier agreed to shift the equipment to India at Jindal Steel and Power's (JSPL) existing facility at Angul in Orissa.
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Major ports witness fall in container cargo
During Apr-Jan 2012-13, cumulative container cargo volume at major ports declined to 6.43 million tonne (mn t) Twenty Foot Equivalent Units (TEU) from 6.52 million TEU in the year-ago period. This is a fall of 1.45 percent. The tonnage of containerized traffic was relatively flat at 100 mn t. The Port of Jawaharlal Nehru (Nhava Sheva), the countryÂ’s busiest container gateway, han
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Jawaharlal Nehru Port affected by union strike
The countryÂ’s largest container handling port, Jawaharlal Nehru Port, suffered considerably because of the two-day nation-wide strike called by central trade unions. The strike also affected the cargo operations at Mumbai, Kochi, New Mangalore and Vizag ports. However, the oil and other liquid terminals at these ports func