Cargo handling is likely to go up significantly at Visakhapatnam port with the authorities deciding to issue work order to Dredging Corporation of India (DCI) for dredging in the northern arm.
Category: Ports & Shipping
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Dighi Port to handle ethylene
Dighi Port is in discussions with IPCL to handle ethylene shipment, which is being currently managed from the JNPT near Mumbai. As of now, the port has one operational berth with a keel-length of 650 m that can accommodate three large ships, including the Panamax types, at a time.
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Hover port in Mangalore
The Dakshina Kannada district administration has earmarked land to build a hover port to base hovercraft of the Indian Coast Guard at New Mangalore. The Deputy Commissioner of the district has been proactive in facilitating various formalities to hand over the land to the Coast Guard. It is now awaiting the approval from the Ministry of Defence.
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IL&FS Group’s foray into port & logistics: Fujairah and Dighi
IL&FS Group has had a long association with the infrastructure sector specifically in the promotion and development of greenfield projects. The Group's maritime division IL&FS Maritime Infrastructure Company Ltd (IMICL)
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New ministers for road transport and shipping
Nitin Gadkari has taken charge as the Union Minister for Road Transport and Highways and Shipping. On the occasion, the minister said efforts will be made
in a transparent manner to give fillip to infrastructure development under his ministry.
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MoS to launch new port projects worth Rs 13,700 cr
The Ministry of Shipping (MoS) has drawn up another ambitious aim to award over 35 ventures worth over Rs 13,700 crore and plans to add about 259 million tonne (mt) capacity this year.
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Jebel Ali wins Port of the Year award
The world-class services and facilities of DP World's flagship Jebel Ali Port have once again been recognised at the annual Supply Chain and Transport Awards (SCATA) 2014. For the sixth year, the 'Shipping Port of the Year' has been awarded to Jebel Ali Port.
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Cargo traffic at major ports up
Cargo traffic at 12 major ports recorded a marginal rise of 1.78 per cent at 555.5 million tonne (mt) during 2013-14. The cargo handled by these ports stood at 545.79 mt in 2012-13.
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Lanco withdraws from Australia port project
Lanco Infratech Ltd is scaling down its proposed coal mining-cum-infrastructure project in Australia. The proposal for the development of Lanco Resources Australia Pty Ltd's Bunbury Port Berth 14 at the Bunbury Port Inner Harbour was withdrawn.
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Exporters to enjoy 50 per cent freight subsidy
Exporters are likely to enjoy a subsidy of up to 50 per cent on total freight charges paid on shipment of merchandise through ports outside Odisha. The draft export policy says the state government will reimburse up to 50 per cent of the cost