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Container handling charges hike gets flak

Container handling charges hike gets flak

Various industry chambers and exporter associations have urged Dubai Port World, which is managing the Vallarpadam International Tran shipment Container terminal in Kerala, not to go ahead with the proposed increase in handling charges from January 1, saying such a move would hit port users in the State.

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FinMin rejects Cochin Port demand for interest waiver

FinMin rejects Cochin Port demand for interest waiver

The Finance Ministry and the Planning Commission have rejected the Union Shipping Ministry´s proposal to waive Rs 715 crore of penal interest due from Cochin Port Trust (CPT) on a Rs 258-crore loan.Of the total penal amount of Rs 729 crore, the government could have forgone Rs 715 crore.

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Maharashtra puts port projects on fast track

Maharashtra puts port projects on fast track

Maharashtra Chief Minister Devendra Fadnavis has pushed two big port projects in the State. He is committed to investing in a railway connection for JSW Steel´s Jaigad port and laid a foundation stone of the much-delayed private port.