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Category: Ports & Shipping

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India targets 2,493.10 MTPA port capacity

India targets 2,493.10 MTPA port capacity

The capacity of Indian Ports was 1,245.30 million tonne per annum (MTPA) at the end of 11th Five Year Plan. The target is to increase the port capacity to 2,493.10 MTPA by the end of the 12th Plan with the major ports accounting for about 50 per cent of this capacity. In 2013-14, 30 projects have been targeted for award involving an additional capacity of 282 MTPA with an investment of Rs 24,959 crore. As on 30 November 2013, 13 of these projects have already been awarded entailing an investment

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Vizag Port to expand at Rs.641crs

Vizag Port to expand at Rs.641crs

The Visakhapatnam Port is to take up expansion and development works worth Rs 641 crore. The port is to take up as many as eight berths for capacity augmentation and modernisation through public-private partnership (PPP) operators. Visakhapatnam Port has awarded the project to dredge the outer harbour approach channel, outer turning circle; ore berth area, general cargo berth approaches, and construction of mooring dolphin at ore berth at an estimated cost of Rs 139.88 crore to International Sea

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Panel appraises 5 more port projects

Panel appraises 5 more port projects

The Union government constituted Public Private Partnership Appraisal Committee (PPPAC-a high level committee) has appraised five proposals in the port Sector. These projects will now be recommended for grant of final approval by the Cabinet Committee on Economic Affairs (CCEA).

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Plea for dredging at Beypore port in Kerala

Plea for dredging at Beypore port in Kerala

For clearing the navigation channel falling under the limits of the Beypore port, the sub-port of In Kozhikode port, the port authorities have approached the district collector CA Latha to carry out manual and mechanical dredging.

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Plea for dredging at Beypore port in Kerala

Plea for dredging at Beypore port in Kerala

For clearing the navigation channel falling under the limits of the Beypore port, the sub-port of In Kozhikode port, the port authorities have approached the district collector CA Latha to carry out manual and mechanical dredging.

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Assocham sees huge potential for shipbuilding biz

Assocham sees huge potential for shipbuilding biz

Industry body in India, Associated Chambers of Commerce and Industry of India (Assocham) has expected a huge potential for ship repairing and shipbuilding business in the country. According to Assocham, more than 20-year-old ships require periodic and extensive repair and maintenance and, in India, of the total 1,122 vessels in the fleet, over 41 per cent are over 20 years old and need regular attention.

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Deora for cabotage exemption for Vizhinjam port

Deora for cabotage exemption for Vizhinjam port

The Union Minister of State for Shipping Milind Murali Deora has said in Thiruvananthapuram recently that there is a strong case for granting cabotage exemption for Vizhinjam port. The demand for exemption requested by the Kerala government is justifiable, however the views of Indian National Ship Owners Association and other stakeholders will have to be taken into consideration, he added.