To ease traffic congestion the Chennai Port Trust (ChPT) will operate a parking yard at Tiruvottiyur in north Chennai. First the container trucks will have to visit the yard, get all documents verified and proceed to the port. This procedure will prevent vehicles waiting at Ennore Expressway from holding up traffic.
Category: Ports & Shipping
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Chennai port parking yard
To ease traffic congestion the Chennai Port Trust (ChPT) will operate a parking yard at Tiruvottiyur in north Chennai. First the container trucks will have to visit the yard, get all documents verified and proceed to the port. This procedure will prevent vehicles waiting at Ennore Expressway from holding up traffic.
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Govt awards 13 port projects worth Rs.5,515 cr in Apr-Nov
During April-November period, the Union Shipping Ministry has awarded Rs 5,515 crore worth 80 million tonne (mt) projects. The awarded projects are more than 70 per cent of the 114 mt awarded last year at an investment of Rs 5,515 crore, according to reports. This year, so far, a total of 13 projects, including five public-private partnerships (PPPs), have been awarded.
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Govt awards 13 port projects worth Rs.5,515 cr in Apr-Nov
During April-November period, the Union Shipping Ministry has awarded Rs 5,515 crore worth 80 million tonne (mt) projects. The awarded projects are more than 70 per cent of the 114 mt awarded last year at an investment of Rs 5,515 crore, according to reports. This year, so far, a total of 13 projects, including five public-private partnerships (PPPs), have been awarded.
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Paradip Port surpasses VPT
In cargo handling, Orissa´s Paradip Port has gained a lead over Visakhapatnam Port Trust (VPT), Which had a record of handling the largest volume of cargo in the East Coast. Paradip Port has handled an additional five million tonne of cargo in this current year. Excluding handling of container and raw fertilisers, VPT has witnessed a decline in handling cargo including iron ore, thermal and cooking coal, and other cargo.
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AP cancels port project
The Rs 16,000 crore port-cum-industrial corridor deal has been cancelled by the Andhra Pradesh government. The government had signed the deal with Ras Al Khaimah Investment Authority and Matrix Enport Holdings in 2008 for building a port-cum-industrial corridor.
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India awards 13 port projects during April-Nov
During the last April-November period, the Union Shipping Ministry has awarded 13 port projects with a total capacity of 80 million tonne (mt). Last year, the Centre had awarded 14 PPP port projects. This is 30 per cent less than the total capacity of 114 mt awarded last year at an investment of Rs 5, 515 crore.
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Govt is striving to bring investments into ports: Vasan
The Union Shipping Minister GK Vasan has said on November 27 that the government is making continuous efforts to attract investment in the ports sector for augmentation of freight. Vasan said that Belgium is India's second largest trading partner with more than 150 Belgian companies in India with interests in dredging, chemicals, engineering goods, electronics and software etc.
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Kochi port invites EoI for harbour refinery
To set up an export-oriented oil refinery or an oil trading hub, the Cochin Port Trust has invited expression of interest (EoI) from companies. The oil trading hub is to come up in the proposed outer harbour area.
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APSEZ ties-up with Belgian Port of Zeebrugge
To act as a strategic entry port for the European market, IndiaÂ’s largest private port developer Adani Ports & SEZ (APSEZ) has signed a memorandum of understanding (MoU) with the Belgian Port of Zeebrugge on November 27.