In its ships at Indian ports, Iran has offered Indian government-owned refineries nominal discounts in price as well as free deliver of oil. While free shipping alone could save Indian refiners about $1 per barrel in transportation cost, the discount in price would boost margins on processing Iranian oil.
Category: Ports & Shipping
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India, Japan to up cooperation in maritime sector
India and Japn have agreed to enhance their interaction through the existing forums and through port-to-port exchanges. These issues came up for a discussion between Union Minister of Shipping GK Vasan, who is on an official visit to Japan and his Japanese counterpart Akihiro Ohta, Minister of land, Industries and Transport and Tourism, Government of Japan.
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Chennai port to build a multi-purpose terminal
The Chennai Port Trust (ChPT) has now decided to go in for a multi-purpose terminal to handle different types of commodities. It has dropped its plan of developing mega container terminal following its two failed attempts.
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Chennai port to build a multi-purpose terminal
The Chennai Port Trust (ChPT) has now decided to go in for a multi-purpose terminal to handle different types of commodities. It has dropped its plan of developing mega container terminal following its two failed attempts.
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Panel to look into high handling charges at Kochi port
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.
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Panel to look into high handling charges at Kochi port
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.
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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.