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Japan govt spots Ennore Port as logistic hub

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

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

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

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

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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Panel to study high handling charges in Cochin Port

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

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

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%

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.