Krishnapatnam, the countryÂ’s largest all-weather, deep water port on the east coast of India is all set to revolutionise the export-import trade dynamics for the east-coast of India. Well poised to offer the most efficient and economical route for the export-import trade activities bustling through the eastern corridor, the multimodal connectivity model of the port has been in the recent past drawing special focus on Nagpur, Vidarbha and the other trade heavy regions of central and southern Indi
Category: Ports & Shipping
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VOC Port envisages development projects worth Rs.1,531 crore
Anantha Chandra Bose, Chairman of VOC Port has said various infrastructure developments had been envisaged at an estimated cost of Rs.1,531.31 crore during 2016-17 fiscal year.
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Vishakhapatnam Port poised for major expansion drive
Vishakhapatnam Port is poised for major expansion, with the Minister for Shipping, Road Transport and Highways Nitin Gadkari inaugurating several projects during a recent visit to the port.
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Antwerp Port to help develop AP ports
Belgium´s Antwerp Port Authority, which operates the largest port in Europe after Rotterdam, has offered its expertise to explore trade through ports in the east coast of India to Europe and assist in the development of greenfield ports in Andhra Pradesh.
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Adani to set up IL&FS captive port in Tamil Nadu
IL&FS is planning to set up a captive port in the district of Cuddalore in Tamil Nadu. The port will be developed and run by Adani Port, say sources. Sources said Adani Group will construct and run the port. The port project cost is estimated to be around `300 crore.
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Govt ports set for rate wars
Five of the 12 ports owned by the Union government have recently won large rate hikes from the rate regulator, some in excess of 100 perf cent, after putting up with low rates for many years.
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Waterway nationalisation | Goa to meet stakeholders
The Goa government will soon start consultations with stakeholders over the nationalisation of inland waterways, a senior official has said. ´The department of ports has called a meeting of all the stakeholders next week wherein the draft MoU (memorandum of understanding) on nationalisation of inland waterways would be discussed,´ said Captain of Ports James Braganza. During the recently held Assembly session, Goa Chief Minister Laxmikant Parsekar
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Major ports adopt solar technology
The drive for the deployment of solar energy in India has gained further momentum as the Ministry of Shipping has recently announced that it is planning to install 82.64 MW of utility-scale solar power plants at the country´s 12 major ports.
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Turnaround time in Indian major ports is a matter of concern
The current cargo handling capacity of Essar Ports is 150 MTPA. Essar Ports specialises in development and operations of ports and terminals for handling liquid, dry bulk, break bulk and general cargo.
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Govt to open automobile clusters near ports
Union Minister for Road Transport, Highways and Shipping, Nitin Gadkari has said that the government is planning to develop automobile clusters near port areas. He said that port-led development under the Sagarmala project is expected to attract Rs 12 lakh crore worth of investment.