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,
Category: Ports & Shipping
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Gujarat to develop new ports
The Gujarat government has finalised plans to develop six to seven new ports in the state. Large investments would flow into the port sector in the coming years. The state is planning ports at Dahej, Nargol, Vansi Borsi and Kutchhigarh,
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CONCOR service to Karaikal Port begins
The first train carrying shipping containers from the Tondiarpet facility, near Chennai, of Container Corporation of India (CONCOR) reached the Marg Karaikal Port at Karaikal, 140 km from Puducherry, on 19 October.
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Mundra lone bidder for chennai terminal
Chennai port's proposed third terminal has received only one price bid, from Mundra Port and Special Economic Zone (MPSEZ) as six groups backed out of the auction to build the Rs 3,686 crore facility.
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Four in race for Nargol port
Four leading corporate groups have remained in the race for developing Gujarat Maritime Board's (GMB) proposed greenfield port off Nargol village in South Gujarat.
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Non-major ports under Centre?
Keeping in mind the security issues being faced by India, the National Shipping Board (NSB) has sugÂgeÂÂsted that all the major and minor ports in the country should be brought under the control of Union Government.
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18,500-cr boost to DMIC
The Union Cabinet has cleÂared the proposal for infusion of Rs 18,500 crore in the Delhi Mumbai Industrial Corridor Development Corporation (DMICDC). The 1,483-km project running through seven states will come up along the proposed Delhi-Mumbai dedicated rail freight corridor.
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Kochi liquid terminal
The Kochi port has shortlisted five companies for setting up the proposed Rs 200 crore multi-user liquid terminal (international bunkering services terminal). The project will be set up on a BOT basis for a period of 30 years.
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Krishnapatnam wins global recognition
Krishnapatnam Port located in the east coast of India has been adjudged the winner in the category of Port Operator Award at the Lloyd's List Awards, Global 2011, which was held recently in London.
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CSL mulls second shipyard
Cochin Shipyard (CSL) may have all factors going for launching a second ship-building facility in Kerala at Vizhinjam. This was alluded to by K Mohandas, Secretary, Union Ministry of Shipping, during his keynote address at the dedication ceremony of the CSL bollard pull test facility at Vizhinjam.