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.
Category: Ports & Shipping
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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).
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CPT plans key infrastructure projects
Cochin Port Trust (CPT) has planned to implement some of the key infrastructure projects to attract more clients.
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MIV's CFS at Vallarpadam
The proposed container freight station (CFS) by MIV Logistics at Vallarpadam would be partly operational by December and fully operational by October 2013.
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Dredging at JNPT, MbPT
Mumbai and Nhava-Sheva Ship Agents Association (MANSA) said it looks forward to the early completion of the dredging project at the JN Port and Mumbai Port channel.
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New SPM in NMP
The newly set up Single Point Mooring (SPM) facility would help decongest the existing jetties at the New Mangalore Port and also help attract more traffic.
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Captive port policy
Union Minister of Shipping, GK Vasan informed that as per existing Captive Policy, cases where 100 per cent captive facilities (land or waterfront) including captive oil jetties,