For the cash-starved Kochi port depreciating rupee is proving to be a boon, at least in terms of collections through vessel-related charges. The port officials say that due to the weakening of the Indian currency the port has earned Rs 10 crore this fiscal.
Category: Ports & Shipping
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Paradip port posts 33.13% growth in traffic
Paradip Port Trust (PPT) has posted a 33.13 per cent growth in traffic throughput at 34.12 million tonne (mt) in the first half of the current fiscal (April to September 2013-14) from 25.83 mt in the corresponding period of last fiscal.
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Rise in Paradip port’s cargo traffic
In the first six months of the current financial year, Paradip Port Trust (PPT) has handled 34.12 million tonne of cargo. The handled cargo output is more from 25.63 million tonne in the corresponding period of the previous year, registering a growth of 33.13 per cent.
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Haldia Dock Complex achieves 26% growth
Despite a fall in crude movement, the Haldia Dock Complex (HDC) facility under Kolkata Port Trust (KoPT) has registered a 26 per cent expansion in cargo in September this year as compared with the corresponding month in 2012.
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Odisha told to audit port projects at construction stage
Odisha government has been urged by the office of the Comptroller & Auditor General of India (CAG) to conduct audit of non-major port projects during the construction stage. CAG feels audit during the time of construction will help determine the investments made by the port developers and also valuation of assets.
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Paradip Port handles 34.12 mn mt cargo
During the current financial year's first six months by the end of September, the Paradip Port Trust (PPT) handled 34.12 million tonne (mt) of cargo compared to 25.63 mt during the corresponding period of the previous year. The port has achieved an increase of 33.13 per cent and also 7.53 per cent higher over the target fixed for the period.
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JNPT adjudged as the ‘Best Indian Port’
At the 'MARKENO-MY Awards-2013' ceremony held in Mumbai recently, the Jawaharlal Nehru Port Trust (JNPT) was adjudged the 'Best Indian Port' among the Public Sector ports.
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GSI buys Rs 600 cr ship for deep-sea research
To explore mineral assets in the sea and take up deep-sea surveys the Geological Survey of India (GSI) has bought a ship or research vessel, Samudra Ratnakar for Rs 600 crore.
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India suspends Anglo-Eastern Group’s licence
The Indian Directorate General of Shipping (DGS) has suspended the licence granted to global ship management firm Anglo-Eastern GroupĂâs Singapore unit to manage ships registered in India. DGS is India's maritime administration wing.
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Odisha to re-validate CRZ clearance of Posco port
For re-validation of Coastal Regulation Zone (CRZ) clearance to Posco company's captive port, the Odisha government has started the process.