Centre plans to set up a shipyard to produce very large crude carriers (VLCCs) under public-private partnership with an investment of Rs 3,000-4,000 crore, in lieu of Hindustan Shipyard going to the defence ministry.
Category: Ports & Shipping
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Traffic at minor ports in Guj up 14% in Apr-Nov 2010
Minor ports in Gujarat saw a 13.7 per cent growth in cargo handling during April-November 2010 over the corresponding period last year.
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Eton invests $125 million in JSW's port business
Eton Park Capital Management, a global multi-disciplinary investment organisation, will invest upto $125 million in acquiring equity of Jindal Group’s JSW Infrastructure (JSWIL).
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Four new berths at Kandla
Kandla Port has identified Ras Infraport, Sical Logistics, IMC and PSL for its Rs 755 crore project to develop new berths on build-operate-transfer basis.
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Dhamra to be a pioneer
Dhamra port will be the first to implement the relevant provisions of the newly introduced Railway Initiatives for Infrastructure Investments.
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Mundra Port commences coal terminal operations
Mundra Port and SEZ (MPSEZL) has commenced operation at its coal handling terminal and is all set to double its capacity to make it the world’s largest coal receiving terminal.
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CIL and Visakhapatnam Port to build berth
Coal India plans to form a partnership with the Port of Visakhapatnam on the east coast to increase import capacity as power generation demand rises.