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.
Category: Ports & Shipping
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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.
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Kerala sanctions Rs 12 cr for crane in Beypore port
For the Beypore port, the Kerala government has sanctioned Rs 12 crore to procure a container handling crane of 40 tonne capacity, the State Minister for Ports K Babu has said.
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Panel to study high handling charges in Cochin Port
A sub-committee has been formed to look into high handling charges at Cochin port. Trustees of the Cohin Port Trust (ChPT) who met at Kochi on October 30 decided in this regard. The committee comprises representatives of the community of clearing and forwarding agents, steamer agents, Customs House agents, export organisations, 2 labour trustees of the port as well as secretary of the port and traffic manager.
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Kerala plans a maritime university
Considering its long-standing maritime traditions and biggest sources of trained seafarers, the Kerala government is considering the possibility of setting up a maritime university, said sources in the State Department of Ports.
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Kandla Port sells two ships on HC order
The Kandla Port Trust (KPT) has auctioned two ships belonging to Jaisu Shipping Company after the company failed to provide food and fuel to the crew members onboard six ships, KPT did this upon directions from the Gujarat high court.
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Essar Ports profit up by 21%
For the quarter ended 30 September, Essar Ports on October 31 reported a 21 per cent more in net profit as it won more business from affiliates. Profit after tax rose to Rs 97.5 crore in the quarter from Rs 80.5 crore in the year-ago period.
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Mormugao Port to receive 30 cruise liners by April
Between October 2013 and April 2014, the Mormugao Port in Goa is scheduled to welcome around 30 cruise liners. Recently the luxurious Sea Dream Yacht Club, for the first time, arrived at Mormugao Port. The yacht arrived on October 28, carrying around 125 passengers.
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Lakshadweep to get 2 more vessels: Vasan
The Lakshadweep administration would get two more ships of 400-passenger capacity each, in addition to the 25 ships serving the islands, said Union Minister of Shipping GK Vasan. He said, 2 multi-purpose cargo vessels and an oil barge would also be acquired by the island administration.