ECU-LINE has announced the opening of its own offices in Malaysia at Port Klang and Penang, with operations staring from 2 May 2014. ECU-LINE is a global leader in NVOCC services and world's largest LCL service provider
Category: Ports & Shipping
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Odisha Government gives in-principle approval for Dhamra Port expansion
Dhamra Port Company Ltd (DPCL) is an equal joint venture (JV) between the Tatas and Larsen & Toubro (L&T). DPCL is implementing the Dhamra port development project. The port has sought 745 acre of land to facilitate its second phase expansion. This project phase is likely to cost Rs 10,000 crore.
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Opportunities on the horizon
India plans to more than double its port capacity to 3,200 million tonne at an investment of Rs 2.87 trillion by 2020, drivin the demand for more port handling equipment. Sudheer Vathiyath trains through the prevailing trends in port equipment market.
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New Dy Chairman at Mormugao Port
Cyril C George, Secretary, Cochin Port Trust has been appointed as the Deputy Chairman of the Mormugao Port Trust. George started his career in the shipping sector as a Labour Officer with Kandla Port Trust in 1987. He also served as the Deputy Chairman of Kandla Dock Labour Board. He became the Deputy Secretary of Kandla Port Trust in 2001 and was transferred to Cochin Port Trust as Secretary in 2003.
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Vizag port handles 58 mt in 2013-14
The Visakhapatnam port has handled a little over 58 million tonne of cargo during 2013-14. The port has suffered loss of cargo during the past few years due to several reasons. Stiff competition from the neighbouring ports, the many ongoing projects in the port in
recent years affecting cargo-handling and the fall in iron ore exports are some of the main reasons for slump in the fortunes of the port.
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Biggest parcel size vessel at Dhamra port
Dhamra Port recently berthed the highest capacity parcel size vessel handled by an Indian port, having capacity to carry 207,785 DWT cargo. The vessel named 'Macau Mineral' brought with it 194,073 tonne coal from South Africa. The South Korean made ship is 312 m long and about 50 m in breadth, was built in 1989.
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Mundra crosses 100-mt mark in cargo throughput
Mundra port in Gujarat has handled 100 million tonne (mt) of cargo during 2013-14, joining an elite club of global ports that have reached this mark. Mundra also became India's biggest port in terms of cargo handled. Mundra port surpassed Kandla port, located just 60 km away on the Gulf of Kutch in Gujarat, in terms of the amount of cargo handled.
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New custom norms at Tuticorin port concern traders
A recent public notice by Tuticorin Customs giving more responsibilities to the operators of 13-odd container freight stations (CFSs) at the port has caused concern among traders. Stakeholders say it would make the operating procedure more complex and take away the advantages the export-import trade currently enjoys here.
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Shipping Ministry to seek VGF
The Shipping Ministry will seek support from the Finance Ministry for covering the funding gap for two major ports proposed in West Bengal and Andhra Pradesh. A Cabinet note on the subject is being prepared, he said. The government has finalised Sagar and Dugarajapatnam as the two sites for setting up of the ports.
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VOC Port handles 286.42 lakh tonne in 2013-14
VO Chidambaranar (VOC) Port in Tuticorin handled a throughput of 286.42 lakh tonne during the financial year 2013-14, surpassing the pre-ĆĀ”vious year's achievement of 282.60 lakh tonne and registered a growth of 1.35 per cent, in spite of global cues. Imports accounted for 209.77 lakh tonne and exports accounted for 76.65 lakh tonne.