A transport terminal of the Inland Waterways Authority of India (IWAI) at Garden Reach Jetty-2 in Kolkatta Port Trust is ready.
Kolkata being a transportation hub on the Ganga, the new terminal would serve Uttar Pradesh, Bihar, West Bengal and the North-Eastern Region.
Category: Ports & Shipping
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IWAI transport terminal ready at Kolkata port
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Paradip Port invites Rs 387-cr tender for cargo project
Global tenders have been invited by the Paradip Port Trust (PPT) for speedy establishment of containerised cargo handling. The Rs 387-crore project will be constructed in build-operate-transfer mode, say media reports. The facility will help shifting goods faster.
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JNPT to give Rs 200 cr loan to Mormugao port
The loss-making Mormugao Port is to get fiscal aid of Rs 200 crore from the Jawaharlal Nehru Port Trust (JNPT). Mormugao Port will have to pay 10 per cent interest to JNPT on the loan. JNPT has cash reserves of over Rs 3,500 crore.
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Paradip port targets 5.5 mt iron ore exports
During this financial year, Pradip Port Trust (PPT) targets to export 5.5 million tonne iron ore, including about 1.5 million tonne iron pellets. This is 300 per cent more than the 1.8 million tonne iron ore exports recorded by the port last year.
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Cargo handling comes to a halt at Paradip port
A dispute between two stevedore companies at Paradip Port lead to a grinding halt of cargo handling at Paradip Port. Due to the cargo halt, around 700 iron-ore laden trucks were stranded on the busy 65-km stretch of NH-5(A) from Balichandrapur to the port town.
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Adani Ports, Visakha Terminal seek cabotage relief
After giving relaxation in coastal shipping rule to Vallarpadam port in Kerala a year back, Adani Ports and Visakha Container Terminal are still are also waiting for the Union Shipping Ministry to relax the stringent coastal shipping rule that has the potential to double their transshipment business.
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Vasan dedicates two terminals at Kandla Port
The Union Minister of Shipping GK Vasan has dedicated two terminals of the Kandla Port to the nation. Speaking on the occasion at a function in Bangalore recently he said that this port since its inception and especially in the last decade has grown from strength to strength fuelling growth of Kutch, Gujarat and India.
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Freight rates hiked in SCI’s European sector
Government-owned Shipping Corporation of India (SCI) on November 20 announced a freight rate hike of up to $500 for 40-feet containers on the India-Europe sector. SCI is facing pressures on account of fuel price hike, the rupee movement and reduction in traffic due to which it is proposing the hikes to make operations feasible, said SCI.
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Kerala takes measures for maritime safety
Kerala government is taking all measures for ensuring maritime safety, said the State Minister for Ports K Babu. He was speaking at the 15th meeting of the Maritime State Development Council held in Bangalore recently.
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Shipping firms show interest in Kollam Port
Kollam Port is expecting more business opportunities as more and more major shipping companies are showing interest in the recently opened port. It is said that the companies will choose the port as an intermediate base. At present, about four companies have assured their frequent presence at the port.