The union shipping ministry made a proposal to give up to 50 per cent of the capital dredging costs of ports as grants from the centre. Currently, there are no standard norms for budgetary support for dredging to ports. As a result, some ports get budgetary support, while some fund dredging from thei
Category: Ports & Shipping
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Ministry proposes 50% grant for dredging projects
The union shipping ministry made a proposal to give up to 50 per cent of the capital dredging costs of ports as grants from the centre. Currently, there are no standard norms for budgetary support for dredging to ports. As a result, some ports get budgetary support, while some fund dredging from thei
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Govt may widen scope of infrastructure definition
Media reports suggest that while tabling the budget 2013-14, the finance minister may announce the expansion of the definition of infrastructure sector so that growth across wider range of sectors is boosted. It may be noted that some sectors like telecom, housing, shipping, education are seeking infrastructure status. On February 28, Finance Minister P Chidambaram will p
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Govt may widen scope of infrastructure definition
Media reports suggest that while tabling the budget 2013-14, the finance minister may announce the expansion of the definition of infrastructure sector so that growth across wider range of sectors is boosted. It may be noted that some sectors like telecom, housing, shipping, education are seeking infrastructure status. On February 28, Finance Minister P Chidambaram will p
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Experts urge govt to take supportive steps for port sector
Experts feel that the government must take supportive steps to enable the shipping ministry to achieve the project award target for 2012-13. While the ministry aims to award 42 new port projects by the end of March 2013, it has so far awarded 17
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Experts urge govt to take supportive steps for port sector
Experts feel that the government must take supportive steps to enable the shipping ministry to achieve the project award target for 2012-13. While the ministry aims to award 42 new port projects by the end of March 2013, it has so far awarded 17
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KPT fails to attract EoI for terminal project
Even after extending the deadline for bidding, the Kandla Port Trust (KPT) has not received any response from private players for its proposed development of marine liquid terminal facilities. The port authority plans to engage a private party to set up the facilities consisting of single point mooring (SPM) and two product
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KPT fails to attract EoI for terminal project
Even after extending the deadline for bidding, the Kandla Port Trust (KPT) has not received any response from private players for its proposed development of marine liquid terminal facilities. The port authority plans to engage a private party to set up the facilities consisting of single point mooring (SPM) and two product
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Hapag-Lloyd, Zim change service route for India
Shipping lines like Hapag-Lloyd and Zim, the Israeli line announced changes in their service route to India. While the German container line Hapag-Lloyd proposes to expand its China-India service with the intro
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Hapag-Lloyd, Zim change service route for India
Shipping lines like Hapag-Lloyd and Zim, the Israeli line announced changes in their service route to India. While the German container line Hapag-Lloyd proposes to expand its China-India service with the intro