Experts suggest government to promote coastal shipping in the country as it is an energy efficient and comparatively cheaper mode of transport
Category: Ports & Shipping
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Kerala Maritime board plan gets cabinet approval
Kerala Minister for Ports and Fisheries K Babu informed that the state cabinet cleared the proposal to set up a maritime board in the state and also approved the draft
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DP World secures Rs 6 bn terminal project
DP World, which was the lone bidder for the Rs 600 crore container terminal project in Jawaharlal Nehru Port Trust, received the contract from the port
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Cabinet may clear 2 port projects
Union Shipping Secretary PK Sinha informed that the cabinet may clear two new port projects, one in Sagar Island (West Bengal) and Ramyapattanam (And
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A push to domestic players not backed up
The pressure on the shipping ministry to achieve dredging commitments has just got higher, as only about half the planned target was completed in the last Five Year Plan.
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Ports is a more attractive sector than several others to foreign investors
Rajiv Aggarwal, CEO, Essar Ports outlines the plans for investment to Shashidhar Nanjundaiah, after a hugely successful Q1 2013 when the company's profits grew a whopping 73 per cent.
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A proactive approach needed
While global peers in the ports sector are offering enormous value added services including SEZ's for years,
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Policy for shipbuilding sector
In order to make Indian shipbuilding yards competitive in the domestic and export markets in the 12th Plan period, the Central government plans to unveil a new policy. The policy is expected to focus on a strong ship repair industry, world class research
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Platform for new business avenues
Ministry of Shipping, Government of India, and Federation of Indian Chambers of Commerce and Industry (FICCI) has jointly taken initiative to organise India Maritime 2012
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Chennai Port plans terminal project
Chennai port is planning a Rs 3,700 crore mega container terminal with a continuous quay length of 2 km and 18-22 m side along draft, capable of handling ultra large container ships carrying over 15,000 twenty-foot equivalent units (TEUs).