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TERI to analyse tariff scheme

TERI to analyse tariff scheme

The Shipping Ministry has engaged The Energy and Resources Institute (TERI) to an­alyse the port-wise 'cost plus' method of tariff fixation as envisaged in the Tariff Guidelines of 2005.

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SPM at New Mangalore Port

SPM at New Mangalore Port

Mangalore Refinery and Petrochemicals (MRPL) hopes to start the single point mooring (SPM) system within the New Mangalore Port (NMP) limits by May 2012.

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Policy on captive ports

Policy on captive ports

A four-member team has been set up to finalise a policy on captive ports. The Shipping Ministry has said that it is likely to take a month.

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PPP projects in ports

PPP projects in ports

Nearly 23 public-private partnership (PPP) projects, entailing an estimated investment of Rs 16,743.92 crore and capacity addition of 231.63 million tonne

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NMPT clocks 4.81 per cent rise

NMPT clocks 4.81 per cent rise

The New Mangalore Port Trust (NMPT) registered a growth of 4.81 per cent in overall cargo handling in the first three months of 2011-12 owing to a rise in the handling of coal, LPG, crude oil and container cargoes among others.

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Single Ports Act on the anvil

Single Ports Act on the anvil

The Ministry of Shipping has prepared a draft of a proposed new Ports Act amalgamating the existing two statutes governing the sector into a single piece of legislation and may soon send the proposal to Cabinet for approval.