India and Iran are trying to iron out irritants and finish a contract for the expansion project of the strategically located Chabahar Port
Category: Ports & Shipping
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Growth in cargo handled at major ports slows
Falling iron ore volumes has slowed the growth of cargo handled by the country´s 13 major ports in the April-November period.
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Gopalpur port resumes operations
More than two years after it was hit by cyclones, Gopalpur Port in Odisha has resumed operation
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Govt nod to MoU with Spain in ports sector
The government has approved a proposal for a pact with Spain in the ports sector.
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Dighi port is the final node of DMIC
As a result of the capacity constraints being faced by the major ports, cargo is diverted to the private ports due to locational advantages, high operating efficiency, superior cargo handling equipment and investment in large capacity creation.
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Fathoming the deeps
The meandering course of the Indian ports sector, the backbone of the country´s trade and commerce, has long been raising alarms. There are no two views about the importance of ports and their contribution in sustaining the growth and development of the economy.
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Old wine in a new bottle?
While relaxation of the Indian cabotage policy is being observed as a gateway of opportunities, investment in infrastructure and higher logistics costs are believed to be some of the major deterrents.
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JNPT on course to achieving fiscal target
The largest container port in India, JNPT, has achieved around 48 per cent of its targeted 4.7 million TEUs (twenty-foot equivalent unit of cargo capacity) during the first six months of the current fiscal. JNPT sources said that they are confident of achieving the target this fiscal.
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Govt to do away with 13 old rules
In line with the government´s emphasis on simplifying procedures to promote ´ease of doing business´, the Shipping Ministry has decided to weed out thirteen archaic rules under Merchant Shipping Act
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India, Bangladesh sign SOP
India and Bangladesh signed Standard Operating Procedure (SOP) to operationalise the ´Agreement on Coastal Shipping´.