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Centre gets petitions over Vizhinjam port project

Centre gets petitions over Vizhinjam port project

Over the multi-crore proposal Vizhinjam international seaport project in Kerala, a battle of petitions is going on right before the Unin Ministry of Environment and Forests (MoEF) expert panel. While some petitions are advocating for the project, some are pleading against the same project.

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Now speedy clearance of exports in Kohi port

Now speedy clearance of exports in Kohi port

An export processing centre and Gate Module have been launched by the Customs Department at ICTT Vallarpadam for speedy export clearance. The ‘Customs Export Processing Centre’ (CEPC) and Gate Module of the Indian Customs EDI System (ICES) were inaugurated by JM Shanthi Sundharam, Member, Central Board of Excise and Customs (CBEC), at a function in Kochi.

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Kandla Port Trust takes over ABG’s KCTPL

Kandla Port Trust takes over ABG’s KCTPL

Kandla Port Trust (KPT) has secured the Kandla Container Terminal's (KCTPL) Rs 110 crore debt lent by Axis Bank and UCO Bank. The takeover has been done in the proceedings before the Gujarat High Court. Kandla Container Terminal is a subsidiary of ABG Infralogistics.

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Adani Ports net profit up at Rs 342 cr

Adani Ports net profit up at Rs 342 cr

For the quarter ended September 30, 2013, Adani Ports and SEZ on October 26 reported over 24 per cent jump in consolidated net profit at Rs 341.83 crore. The firm had reported a net profit of Rs 275.56 crore in the July-September, 2012-13 fiscal.

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New wage settlement signed for port & dock workers

New wage settlement signed for port & dock workers

For port and dock workers, a new wage settlement was signed on October 25 in New Delhi before the Chief Labour Commissioner. The settlement was signed between the five major port and dock workersÂ’ federations and the Indian Port Association, the governing body of major ports. The settlement would come into force from January 1, 2012.

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Rains hit cargo handling at Vizag port

Rains hit cargo handling at Vizag port

After the 'Samaikhyandhra' protests, now cargo handling operations at Visakhapatnam port have been hit by incessant rains over the last three to four days. At least eight berths have been hit at the Visakhapatnam Port Trust (VPT) due to the incessant rains, say media reports.

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Cochin Shipyard pays dividend for the 5th year

Cochin Shipyard pays dividend for the 5th year

A dividend of Rs 16.99 crore has been paid by the Cochin Shipyard (CSL) to the Union government on October 23. This is the company's fifth consecutive year paying the dividend. The dividend consists of Rs 1.5 per Equity Share on the 11,32,80,000 fully paid equity shares of Rs 10 each.

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Mechanised coal handling at Marmugao port may take time

Mechanised coal handling at Marmugao port may take time

The Goa State Pollution Control Board has deferred the Mormugao Port's proposal to establish mechanised coal and coke handling at its berth, stalling the port's plans to revive the ailing business. GSPCB had stopped the operations of handling both the commodities at berth number 10 and 11, after the port town witnessed unprecedented coal dust pollution.

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Karnataka to hire surveyors at Old Mlore Port

Karnataka to hire surveyors at Old Mlore Port

As the Karnataka government took a decision to hire services of two captains for minor ports on contract basis at Old Mangalore Port, the agitating users of Old Mangalore Port withdrew their strike on October 22. They were demanding for the services of the captains for survey of vessels.