To cut expenditure on logistics, UltraTech Cement is set to build a Rs 100-crore terminal at the Mumbai Port to transport cement from its plants in Gujarat into Mumbai.
Category: Ports & Shipping
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Paradip Port to have container handling infra
To increase traffic through its route, Paradip Port Trust (PPT) in Orissa has decided to establish Ă´containerised cargo handlingĂ´infrastructure. The port is now worried over diversion of specific cargoes to major ports.
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Fireworks to be exported via VOC Port
Fireworks sector in Sivakasi of Tamil Nadu is to utilise VOC Port to tap the huge global market for crackers. Officials of VOC Port Trust in Tuticorin decided to permit export of fireworks through the port.
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Inland port proposed in Jharkhand
The proposal to build an inland port on the Subernarekha river in Sahebganj in Jharkhand has been said to be cleared by the Planning Commission.
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JICA aid to Chennai port
For improving container movement at Chennai Port Trust (CPT), the Japan International Cooperation Agency (JICA) has offered its assistance to the CPT. The move would help the export-import trade plan better and save on time and cost.
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Ennore Port coal berth
By deciding to construct an additional coal berth at a cost of Rs 270 crore, the Ennore Port (EPL) is to take on the competition from the Krishnapatnam and Karaikal ports on the eastern coast of India.
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KPT takes over ABGs KCTPL
Kandla Port Trust (KPT) has secured the Kandla Container TerminalĂ´s (KCTPL) Rs 110 crore debt lent by Axis Bank and UCO Bank.
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JNPT freezes payment to Royal Boskalis
IndiaĂâs largest container port near Mumbai Jawaharlal Nehru Port Trust (JNPT) has decided to freeze part of the total payment to Royal Boskalis, a Dutch dredging company after it was allegedly found flouting rules regarding the age of dredging vessels.
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Essar Shipping posts loss of Rs 11.20 cr
Essar Shipping has announced a net loss of Rs.11.20 crore for the quarter ended September 30, 2013 against (Rs.35.99) crore for the quarter ended September 30, 2012. The company announced the the financial results for the period ended September 30, 2013.
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Tenders invited for cargo handling at Kolkata port
Tenders have been invited by the Kolkata Port Trust (KoPT) for mechanised handling of containerised cargo at three out of the 12 berths in the Netaji Subhas Dock (NSD) of the Kolkata port. The port authorities have called for a pre-bid techno-commercial conference on November 15. The last date for submission of the bids is December 3.