India aspires to be the hub of global manufacturing and it is doing everything in its power to make it happen. Many major infrastructure projects are announced, set within time-lines and budgets.
Category: Ports & Shipping
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Against All Odds
A shining example of success, NTPC Ltd won PMI India´s Best Project of the Year award. The award was for exemplary use of project management techniques to complete 5MWp grid-connected solar PV plant in Port Blair in record time.
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Indian waterways a route canal treatment
In early February 2016, Link Shipping and its partner Symex Maritime Singapore, whom Link Shipping represents in India, created history by pioneering the first movement of cars on a special category Pure-Car-Truck-Carrier (PCTC) vessel, the IDM Symex.
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Improve logistics in coastal shipping for savings: Study
A study by global consultants McKinsey & Co and AECOM for the Ministry of Shipping says optimising the logistics flow for key commodities by 2025 could save Rs.30,000-40,000 crore. It recommends creation of more capacity at major ports and a logistics aggregator company to consolidate the shipping supply chain.
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APM Terminals Pipavav announces Q3FY16 results
APM Terminals Pipavav (Gujarat Pipavav Port Ltd), operating one of western India´s gateway ports, today reported its financial numbers for the quarter ended 31st December 2015.
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Shipping Ministry to invest Rs.14,225 cr on port projects
In order to bring the Major Ports in India at par with its contemporaries across the world, Ministry of Shipping has been emphasising on creation of additional capacities through development and construction of new berths/terminals, revamp of existing berths and terminals and other modernisation projects.
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Cochin Port Trust and CONCOR sign MoU
Cochin Port Trust and CONCOR have entered into a MoU for the running of weekly container train service from Irugur ICD, Coimbatore to ICTT Vallarpadam, Cochin Port. The traiCochin Port Trust and CONCOR have entered into a MoU for the running of weekly container train service from Irugur ICD, Coimbatore to ICTT Vallarpadam, Cochin Port. The train from Irugur will start on all Saturdays and the return from Cochin on all Thursdays.n from Irugur will start on all Saturdays and the return from Cochin
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Ministry of Shipping initiates Proj Green Port
Weighing in the environmental perspective for sustained growth, the Ministry of Shipping has started ´Project Green Ports´ which will help in making the Major Ports across India cleaner and greener.
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Shipyard industry gets infra status
The government has granted infrastructure status to the shipyard industry in a boost to its Make in India initiative. The move is expected to bring down borrowing costs for the industry. At present, companies pay average interest of 14-15 per cent on their borrowings.
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Govt to develop three new ports in 2016: Gadkari
As part of its plan to develop ports and boost maritime trade, the government would develop three major ports in the country this year.