International apparel brands have shown their interests in using Vallarpadam Terminal for their export consolidation
Category: Ports & Shipping
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Cochin Port launches direct service to West Asia
Cochin port launched a new direct service to West Asia in order to give an impetus to the connectivity for export cargo to West Asia. recently. The vessel SSL Gujarat having 1,800 capacity TEUs (23,000 tonnes) will sail from Cochin non-stop to Jebel Ali , covering the distance of 1,780 nautical mile in five days.
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Now, no need for registration of SRUs
In order to boost ease of doing business in the ship repair sector, the Ministry of Shipping has eased the procedure and has dropped the requirement of registration of Ship Repair Units (SRUs) with Directorate General (Shipping).
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Now, Vizag Port can handle Panamax vessels
In order to handle Panamax vessels in the Inner Harbour, Visakhapatnam Port has decided to add two more hi-tech 100-tonne harbour mobile cranes costing around Rs 35 crore each .
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Radiological Detection System at Vizag port
In a first of its kind in India, Visakhapatnam Port Trust has installed Radiological Detection System worth Rs 1.25 crore at East Quay-7 in order to screen entry of vehicles with radioactive contamination.
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Government to set up INWTG
The Government is considering a proposal to set up an Integrated National Waterways Transport Grid (INWTG) which covers mainly five National Waterways. The INWTG includes development of the National Waterways with at least 2.5 meter Least Available Depth (LAD), upgrading/ setting up of priority terminals, establishing road connectivity, wherever feasible, rail and port connectivity.
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Adani to invest Rs.20,000 crore in Gujarat ports
Adani Group has announced a Rs 20,000-crore investment for expanding the capacity of its Gujarat ports to 100 mt per annum by 2020. The investment is on the top of Rs 25,000-crore spending the group had announced on the first day of the Vibrant Gujarat Summit.
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Modi takes over port project NSAC
Prime Minister Narendra Modi will soon be heading another body, a port infrastructure development initiative-National Sagarmala Apex Committee (NSAC). The PM´s committee is expected to oversee a company, Sagarmala Development Company (SDC) with the Shipping Minister as its Chairman and the Shipping Secretary as the Co-chairman.
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AP advised to improve capacity of existing ports
The East Coast Maritime Business Summit has cautioned that it is as important to build the supporting infrastructure for speedy cargo evacuation from ports as to build new ports or to add to the capacity of the existing ones, as otherwise ports will merely become stockyards.
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Visakhapatnam Port Trust chalks out Rs.3,000-crore plan
The Visakhapatnam Port Trust (VPT) has outlined a Rs 3,000-crore expansion-cum-modernisation plan aimed at enhancing the port´s capacity by nearly 50 per cent.