Kerala plans to set up its third major port at Azhikkal, following the central government's directive to coastal states to set up such facilities. If the Azhikkal port development plan works out, the state would have
Category: Ports & Shipping
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Experts discuss project and policy solutions to financing hiccups
Stemming from India's nascent entry into private development of gigantic proportions in infrastÂructure, the financing of this behemoth has often been called the hiccup in the works.
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MICT handles largest ship to call Indian port
The Mundra International Container Terminal (MICT) operated by DP World, witnessed the berthing of the largest ever container vessel to call any port in India.
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Kandla port to hike capacity
The Shipping Ministry has initiated the upgradation of Kandla Port under the public private partnership (PPP). The work involves construction of three additional berths at an estimated cost of Rs 544 crore.
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VO Chidambaranar Port facility dedicated to nation
GK Vasan, Union Minister of Shipping, dedicated the 12.80 m draught facility for berthing of Panamax vessels to the nation at a function organised by V.O.Chidambaranar Port in Tuticorin.
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Vizhinjam Port to mop up Rs 16 bn
In order to finance the development of the country's deepest port, Vizhinjam Port in Kerala is raising more than Rs 1,600 crore through bonds and institutional investors. Housing Urban Development Corporation
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DPW's JNP terminal wins award
Global port operator DP World's Nhava Sheva Terminal at the Jawaharlal Nehru Port Trust in Mumbai has bagged Seatrade's Environmental Protection Award for its environment management and energy conservation initiatives.
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Mah offers sops to port, cargo proj
In order to boost investment in small port, multi-purpose jeÂtty and cargo terminal proÂjects, the Maharashtra goveÂrÂÂnÂment has granted an eight-year holiÂday on non-agriculture (NA) tax and exempted NA cleaÂÂÂÂrance norms of land acqÂuiÂsition for the projects.
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Hooghly Dock Restructuring
The Union Cabinet has approved a rehabilitation-cum-restructuring package for the Hooghly Dock & Port Engineers, Kolkata, one of the country's oldest shipyards in the private sector.
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Deepening of port channel
Jawaharlal Nehru (JN) port will try the annuity payment method to implement the second phase of a project to deepen its channel at an estimated cost of Rs 4,000 crore. The port plans to create a separate fund,