Media reports suggest that some of the container lines may raise freight rates in the Asia-Europe trade including ports in the Indian sub-continent. WeeklyInsight learns that some shipping firms also unveiled plans to hike rates from the Far East to North Europe from December. They include Hong Kong’s Orient Overseas Container Line (OOCL), South Korea’s leading flag Hanjin Shipping, China’s Cosco and Emirates Shipping of
Category: Ports & Shipping
Post
Post
Board clears port project in Ludhiana
At a recent meeting of the Project Approval Board of Punjab government cleared the proposal to set up a dry port near Kila Raipur in Ludhiana.The board, which is headed by Chief Minister Parkash Singh Badal, cleared the project as the proposed port may boost industrialisation, trade and commercial activity in Punjab.
Post
Federation seeks changes in tariff regulatory system
The All India Port and Dock Workers’ Federation urged the government either to bring all ports including minor ports under the purview of Tariff Authority for Major Ports (TAMP) or permit major ports to work independently by scrapping the authority.SR Kulkarni, President of the federation pointed out that even though the handling charges are regulated by the TAMP, the minor ports do not fall under its
Post
KPT’s tender attracts strong response
It seems the tender floated by Kolkata Port Trust (KPT) for mechanized cargo handling at the berth no 2 and 8 of the Haldia Dock Complex is attracting strong response from firms. According to sources in the knowhow of the matter, nine companies participated in the recent pre-bid meeting held by the port trust for the tender
Post
ChPT to allow berthing of vessel on condition
Chennai Port Trust (ChPT) said it would allow the vessel MT Pratibha Cauvery to be berthed at the port provided the owners paid the requisite berthing charges and got the documents validated. The ship, which lost both of its anchors on October 31 owing to gusty winds caused by cyclone Nilam, is currently being held in outer anchorage by a tow
Post
Krishnapatnam Port setting up new berth
Krishnapatnam Port is constructing a roll-on roll-off berth in the south terminal in order to handle export of cars manufactured in Chennai and Bangalore regions. Anil Yendluri, Chief Executive Officer, Krishnapatnam Port informed that the port is expected to have the berth ready by the first quarter of 2013-14
Post
Krishnapatnam port handled 13.8 mn t cargo since April
Reports suggest that Krishnapatnam Port, located in Andhra Pradesh has handled 13.8 million tonne (mn t) cargo since April 2012. In 2011-12, the port loaded 15.9 mn t of cargo. The port has the capacity to handle 40-45 mn t of cargo from 11 berths built with an investment of about Rs 4,000 crore. It is one of India’s deepest ports with a draft of 18.5 meter and is capable of accommodating the biggest ships operating today
Post
KoPT may seek TMIL’s aid to clear cargo
In order to clear the backlog of cargo at Haldia Dock Complex (HDC), Kolkata Port Trust (KoPT) may approach Tata Martrade International Logistics (TMIL) to use their mobile harbour crane. TMIL's service may be used at berth number 12 to berth number 13 also where the cargo for Haldia Bulk Terminals (HBT) terminals would be diverted, reports suggest. Cargo operations at berth numbers 2 and 8 of HDC is affec
Post
Body opposes outsourcing of work
The All India Port and Dock Workers’ Federation has criticised what it calls the government's move to outsource cargo handling work to contract labourers. SR Kulkarni, president of the Federation said in a statement that the government should end its policy of marginalizing the working class and their organizations. He said though workers at the major ports had put up great performance, the port authorities were outs
Post
SCI may post losses in 2012-13
Some investment analysts expect Shipping Corp. of India (SCI) to incur losses in 2012-13 too because of depressed freight rates and a slowing global economy. The slowdown in world economy reduces trade and thereby hurts business prospects of shipping firms. In the quarter ended September 2012, the company posted a net profit of Rs 297 crore mainly because of an extraordinary item