In Iran, the Chabahar Port development plan is in the agenda of Port and Maritime Organization (PMO). The first phase of this development plan is scheduled to be put into operation in winter, Alireza Kebriaee, the Deputy Managing Director for Ports Development and Equipment said.
Category: Ports & Shipping
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MSC plans rate hike for India-Europe trade
From November 4, Mediterranean Shipping Company India (MSC) targets to boost rates in its westbound trade from India to North Europe and the Mediterranean, the company has stated.
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Ennore Port to build coal berth for TANGEDCO
A coal loading facility will be set up at Rs 250 crore by Ennore Port, being run by the Union government in Tamil Nadu. It is the third facility for the State-owned power utility Tamil Nadu Generation and Distribution Corporation to tap rising demand for coal used for generating electricity.
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Adani’s Australian port firm to raise $1.2 bn to cut debt
To reduce its debt burden, Adani Abbot Point Terminal Pty Ltd, which owns a coal terminal in Australia, is planning to raise $1.2 billion through multiple debt instruments to refinance the port companyÂ’s borrowings. The port company, owned by Adani Group, has a debt of nearly $2 billion.
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Cargo traffic up at three ports in south
Except Chennai Port Trust (ChPT), other ports in the vicinity-Ennore Port, Krishnapatnam Port and Karaikal Port – have handled cargo well for the 1st half of the present year, say media reports. During the period under review (April to September 2013), Ennore Port (EPL) registered 59 per cent boost in total cargo at 12.68 million tonne (mt) against 8 mt for the corresponding period.
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Ennore port to run as a corporate firm
As the Ennore port is being run as a company by the government, management of the port will not follow federal shipping ministry guidelines to set rates for cargo services. Last week, the port management informed prospective bidders for a container-loading facility that it will not follow federal shipping ministry guidelines to set rates for cargo services.
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Sunk Chinese cargo ship traced near Sagar Island
The Kolkata Port Trust (KoPT) on October 15 traced the wreck of the Chinese-owned Panama-flag freighter MV Bingo, which sank nearly 22 nautical miles south of Sagar Island on October 12 night. Owners of the ship have been directed to salvage the wreck as it is in the navigation channel used by ships moving to and from the ports of Kolkata and Haldia.
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Meet on port management in Dubai on Feb 11, 12
With an aim to create a platform for maritime professionals, a two-day Second Annual Port Management Strategy Summit is to be held in Dubai, United Arab Emirates on February 11 and 12 in 2014.
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Deep sea exploring ship dedicated to nation
The Rs 650-crore deep sea exploration ship, Samudra Ratnakar, was dedicated to the nation by the Union Minister for Mines Dinsha Patel at Kandla Port in Gujarat on October 12. The ship is currently docked at Kandla Port. The ship is the first of its kind in the south east Asia.
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Phailin-hit ports in Odisha resume operations
The recent Phailin cyclone-hit ports in Odisha are now resuming operations again. The Paradip Port Trust, which had halted cargo operations in its area on October 11 due to Phailin strike, has started its operations partially by allowing small-sized vessels.