To look into the issues connected with ‘high’ handling charges at Kochi port and also at the ICTT Vallarpadam, the Cochin Port Trust has constituted a committee. A decision on this was taken at the board of trustees meeting following widespread complaints from port users on high handling charges, forcing them to divert their cargo to neighbouring ports on the coastline.
Category: Ports & Shipping
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Ennore port H1 profit jumps 63%
In the first half of the current financial year, Ennore port's financial performance improved thanks to coal, car and foreign exchange fluctuations.
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Ennore port H1 profit jumps 63%
In the first half of the current financial year, Ennore port's financial performance improved thanks to coal, car and foreign exchange fluctuations.
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Cruise ship traffic down at Kochi Port
Due to the European recession, the number of cruise vessels sailing to Kochi/Cochin port this fiscal are considerably less when compared to last year.
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Cruise ship traffic down at Kochi Port
Due to the European recession, the number of cruise vessels sailing to Kochi/Cochin port this fiscal are considerably less when compared to last year.
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Japan govt spots Ennore Port as logistic hub
Ennore Port in Tamil Nadu has stated that Japanese government has identified it (Ennore Port) as a logistic hub in Chennai-Bengaluru Industrial Corridor and Japan International Cooperation Agency has begun a study in this regard, say media reports.
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Seven firms qualify for Rs 8,000-cr JNPT terminal bid
In bidding for the Rs 8,000-crore fourth container terminal at Jawaharlal Nehru Port Trust, the Essar Ports has failed to qualify as it fell short of the value of work done in the past to meet the criteria. Sources said that Essar Ports has not been qualified for the terminal project as per the Central Vigilance Commission set guidelines.
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Kochi port to earn more with sand import
Restrictions clamped on sand mining in Kerala are going to help Kochi port to gain more revenue. Real estate companies are expected to depend on imported sand to meet the growing demand and Kochi port sees it as an opportunity to enhance its cargo throughput.
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Vasan visits Japan to promote Indian ports
To discuss about increased utilisation of Indian ports, especially Chennai and Ennore, by Japan's business companies, the Union Shipping Minister GK Vasan, along with a delegation, is to discuss with the Japanese government and business community there. Vasan is scheduled to be in Japan from November 7 to 12 at the invitation of Akihiro Ohta, Japan Minister of Land, Infrastructure Transport and Tourism.
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Ports to fix market rates for their services
The Union government will allow the trusts that run the 12 ports owned by the Union government to raise rates for port services every year based on market conditions if they adhere to certain performance standards. For this, the Union Shipping Ministry is working out on a plan.