Paradeep Port Trust (PPT) has recorded 5.23 per cent growth in its total cargo in April-December period of 2015-16. The port´s cargo traffic in the period rose from 52.39 million tonne (MnT) to 55.13 MnT.
Category: Ports & Shipping
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NGT slaps Rs.25 cr fine on Adani-Hazira Port
The National Green Tribunal has slapped a penalty of Rs.25 crore on Adani-Hazira Port Pvt Ltd and its associate Hajira Infrastructure Pvt Ltd for carrying out work at their Hazira-based port near Surat without acquiring environment clearance.
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Business Acumen
Karan Adani, son of Adani Group Chairman Gautam Adani, has been appointed as the CEO of Adani Ports and Special Economic Zone (APSEZ) with effect from January 1, 2016.
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Ports – Porting Ahead
A lot of optimism has set in with 100 per cent FDI inflow, the Sagarmala Project, greater thrust on PPP projects, and the ´Make in India´ initiative. The Indian ports and shipping industry plays a vital role in sustaining growth of the country´s
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Govt undertaking measures to modernise ports
With the view to boost exports, the government is undertaking several measures to modernise ports.
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Ford to export cars from Kandla port
American car maker Ford has firmed up plans to use the cost-effective sea route to reach out to the north Indian markets as well export cars to foreign countries.
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India and Iran trying to seal Chabahar port deal
India and Iran are trying to iron out irritants and finish a contract for the expansion project of the strategically located Chabahar Port
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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.