Narendra Murkumbi, Managing Director of Shree Renuka Sugars (SRS) informed that the firm, which secured a contract to operate a captive berth in Kandla Port, expects to start operation in a year. On December 27, SRS received the letter of award for operating the berth with a capacity of 1.5 million tonn
Category: Ports & Shipping
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Hapag-Lloyd proposes to raise shipping charges
From February 1, the shipping rates for containers from the Indian subcontinent would be raised by Hapag-Lloyd. The liner considers to raise the rate by $250 per Twenty Foot Equivalent Unit (TEU) for transporting boxes from the Indian subcontinent - India, Pakistan, Bangladesh and S
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Iran to develop Chabahar port for India
Iran reiterated its commitment to develop Chabahar port to bolster its ties with India. Iran plans to expand the port in five phases and to ramp up its capacity to 20 million tonne by 2020. India's interest in the Iranian port is not only to get a direct access to Central Asia but also to facilitate import of mine
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GE Shipping to buy energy efficient vessel
Great Eastern Shipping Company (GE Shipping), which has a fleet size of 33 vessels, plans to add fuel efficient tankers with new eco design features that would be compliant with Energy Efficiency Design Index requirements. In this regard, the company, has placed an order for a new Medium Range Product Tanker of about 50,000 dwt with
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PPT seeks waiver of license norms
Paradip Port Trust (PPT) is awaiting a positive response on its request to waive license norms for storing imported coal at its warehouse. The port is mandated to secure a storage licence and a transport license for all mineral transactions under the Odisha Mineral (Prevention of Theft, Smuggling and Illegal mining and Regulation of Possession, Storage and Tran
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Paradip Port seeks waiver of license norms
Paradip Port Trust (PPT) is awaiting a positive response on its request to waive license norms for storing imported coal at its warehouse. The port is mandated to secure a storage licence and a transport license for all mineral transactions under the Odisha Mineral (Prevention of Theft, Smuggling and Illegal mining and Regulation of Possession, Storage and Transportation) Rules, 2007.
The norm is intended to check unauthorised use of the stateÂ’s natural resources. The time-consuming and unneces
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Royalty on cargo handlers
In a bid to increase its revenue, the Kolkata Port Trust (KoPT) is considering to charge a royalty of Rs 25 per tonne on cargo
handlers at the Haldia Dock Complex (HDC). The port set up a committee to decide on the royalty that may be charged from cargo handlers. The committee decided upon a rate of Rs 25 per tonne. This is primarily for shore handling at the Haldia Dock Complex, reports indicate.
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Captive berth in Kandla Port
Narendra Murkumbi, Managing Director of Shree Renuka Sugars (SRS) informed that the firm, which secured a contract to operate a captive berth in Kandla Port, expects to start operation in a year.Through this captive berth, SRS plans to handle about one million tonne of raw sugar and about 2.5 lakh tonne of coal to fuel its refinery. The capacity creation at port will require investments of Rs 22 crore.
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OdishaÂ’s port connectivity projects
Odisha government proposed the National Highways Authority of India (NHAI) to upgrade road connectivity to six non-major ports in Astarang, Baliharchandi, Gopalpur, Dhamra, Chudamani and Subarnarekha. It may be recalled that in February 2012, the Odisha government awarded the contract for feasibility studies for four-lane connectivity to these non-major ports to two consultants.e "preloaded content"
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Ramayapatnam port work
Work on Ramayapatnam port in Prakasam district of Andhra Pradesh will begin in the new year, the State Municipal Administration Minister M Mahidhar Reddy said. According to Reddy the district was poised to witness tremendous growth on the industrial front with the coming up of the second major port in the State after Visakhapatnam. A proposal for setting up a Rs 3,000-crore industrial corridor was being considered, he added.