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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.

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Kandla port takes over ABG’s container terminal

Kandla port takes over ABG’s container terminal

A failed container terminal has been taken over by the Kandla port from ABG Infralogistics after depositing a security amount worth Rs 110 crore as lenderÂ’s dues with the registrar of the Ahmedabad high court where the case was decided recently.

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Plea to bring minor ports under TAMP norms

Plea to bring minor ports under TAMP norms

All India Port and Dock WorkersÂ’ Federation has demanded that minor ports be brought under the purview of the Tariff Authority of Major Ports (TAMP). The demand comes in the wake of minor ports handling considerable share of cargo.

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Gujarat Pipavav Port Q3 profit up at Rs 44.1 cr

Gujarat Pipavav Port Q3 profit up at Rs 44.1 cr

The Nikhil Gandhi-promoted Gujarat Pipavav Port on October 22 reported an over five-fold growth in post tax profit at Rs 44.1 crore for the third quarter ended September 30. The company had recorded a net profit of Rs 8.2 crore in the corresponding July-September period last year.

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Mlore port users’ plea for fitness certificates

Mlore port users’ plea for fitness certificates

Demanding the Mangalore port authorities to streamline the annual checking of deep sea fishing trawlers, the Old Port Users Union staged a protest at the dock in the city on October 22. The protestors urged appointment of new incumbent officer at the port immediately.