The cargo handling at Mundra Port is rising over 20 percent per annum and the port is set to exceed the cargo volume of Kandla Port, reports suggest. Mundra Port, which first began operations as a captive jetty in the Gulf of Kutch in 1994, handled 59 million tonne per annum (mn tpa) of cargo during Apr-Dec
Category: Ports & Shipping
Post
Post
Tuticorin port setting up 4 berths
In order to handle more quantity of cargoes like coal, copper concentrates, rock phosphate, the VO Chidambaranar Port at Tuticorin decided to set up four cargo berths. S Natarajan, Chairman of the port said construction of the north cargo berth (NCB)-II is in progress and it would be c
Post
Tuticorin port setting up 4 berths
In order to handle more quantity of cargoes like coal, copper concentrates, rock phosphate, the VO Chidambaranar Port at Tuticorin decided to set up four cargo berths. S Natarajan, Chairman of the port said construction of the north cargo berth (NCB)-II is in progress and it would be c
Post
Railways hopes to attain investment target in port connectivity projects
Media reports suggest that the Indian Railways is confident of attracting the targeted investment in port connectivity projects during the next five years. The railways set a target of around Rs 5,000 crore investment in port connectivity over the next five years. To begin with, they expect investment worth Rs 3,800 crore
Post
Railways hopes to attain investment target in port connectivity projects
Media reports suggest that the Indian Railways is confident of attracting the targeted investment in port connectivity projects during the next five years. The railways set a target of around Rs 5,000 crore investment in port connectivity over the next five years. To begin with, they expect investment worth Rs 3,800 crore
Post
JNPCT set to handle more containers in FY13 than last year
Reports suggest that the Jawaharlal Nehru Port Container Terminal (JNPCT) is set to achieve higher throughput of container cargo in 2012-13 compared to last year. So far in 2012-13, the terminal handled over 1-million Twenty Foot Equivalent Unit (TEU) of throughput. In anot
Post
Railways to attract Rs 50 bn pvt capital for port linking project
In the next five years, Indian Railways plans to improve rail connectivity to ports across the country by attracting private investment of around Rs 5,000 crore. The plan is expected to address bottlenecks in rail linkage to key ports in the country. In this regard, the railw
Post
Net profit of Great Eastern rises on forex gains
The consolidated net profit of Great Eastern Shipping more than doubled to Rs 192 crore during October-December 2012 from Rs 87.46 crore in the year-ago period. The company cited forex gains and decline in interest costs as major reasons for the rise in net profit
Post
Ennore port wants to raise capacity utilisation
MA Bhaskarachar, the new Chairman of Ennore Port wants to improve the utilization of various berths and increase the portÂ’s capacity to handle cargoes other than coal. By June this year, the entire port, including the approach channel and turning circle, will have a draft of 18 m
Post
Ministry sets up panel for 2nd major port in Gujarat
Union Minister of State for Shipping Milind Deora informed that his ministry set up a panel to study the feasibility of setting up another major port in Gujarat on the lines of Kandla Port. It is learnt that the committee will explore locations at which this second major port could come up. Gujarat alrea