The Kolkata Port, which is grappling with old infrastructure and suffering from the lowest draft, need to review the existing tariff policy, a study has said.
Category: Ports & Shipping
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FinMin rejects Cochin Port demand for interest waiver
The Finance Ministry and the Planning Commission have rejected the Union Shipping MinistryĂ´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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Gadkari assures funding for Sagar island port project
West Bengal Chief Minister Mamata Banerjee has met Union Minister for Shipping, Road Transport and Highways, Nitin Gadkari, who has assured Central funding for the proposed deep sea port near Sagar island in the State.
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AP to scrap sops to private port developers
The Andhra Pradesh government would revoke orders issued by the previous Congress administration extending certain concessions to private port developers
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Port plan to end Haldia imbroglio
Kolkata Port Trust (KoPT) has proposed to split the scope of work at berths 2 and 8 at Haldia to facilitate the exit of Haldia Bulk Terminal (HBT).
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Gopalpur port may resume operations from July 2015
Gopalpur portĂ´s road to revival has been delayed further. The port that expected to restart operations by January 2015, is now looking at a revised timeline of July 2015
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Govt plans Rail Corp for ports
To bolster port development, the Centre plans to set up a Railway Corporation exclusively to build rail connectivity to 12 major ports.
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Well-developed infrastructure is key to development
Well-developed backward and forward infrastructure is essential for manufacturing. Building a high class infrastructure is crucial to spur growth in manufacturing sector and enhancing the competitiveness of this sector in India.
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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 SteelĂ´s Jaigad port and laid a foundation stone of the much-delayed private port.
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Jal Marg Yojna to boost shipping sector
To revive the shipping industry, the government has decided to launch the PM Jal Marg Yojna and projects for setting up dry and satellite ports, besides converting riverways into waterways, the Rajya Sabha has been informed.Ă´