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SCI waits for recovery of economy to buy vessels

SCI waits for recovery of economy to buy vessels

Till the global economy shows signs of recovery, Shipping Corporation of India (SCI) has no plans to order for new vessels. SCI is IndiaÂ’s national ocean carrier. Not just SCI all shipyards in India were facing the heat of slowdown in the shipping industry.

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Bollinger to build another 6 Coast Guard cutters

Bollinger to build another 6 Coast Guard cutters

In the US, the Bollinger Shipyards of Lockport has a $250.7 million contract for six more fast response cutters for the Coast Guard. The Coast Guard said in a news release on September 24 that it had ordered the cutters for delivery in 2016. They bring the total number of the boats under contract with Bollinger to 24, and the contract's total value so far to $1.1 billion.

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Record movement of reefer cargo at New Mangalore Port

Record movement of reefer cargo at New Mangalore Port

With the onset of fishing season in the coastal belt, the New Mangalore Port is witnessing a record movement of reefer cargo in containers. The total reefer cargo exported through the port during the first half of the current fiscal year was 1,257 TEUs (twenty-foot equivalent units). In September alone, 442 TEUs of reefer containers stuffed with fish was exported so far.

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Govt to take up issue of Vizhinjam Port in Oct

Govt to take up issue of Vizhinjam Port in Oct

The issue of environment clearance to the multi-crore Vizhinjam seaport in Kerala is to come up before the Expert Appraisal Committee (EAC) of the Union Ministry of Environment and Forests (MoEF) in October. Last month, the Kerala government had submitted the Environment Impact Assessment (EIA) report to the Ministry.

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Visakhapatnam Port handles ship at night

Visakhapatnam Port handles ship at night

For the first time, the Visakhapatnam Port Trust (VPT) has handled a Panamax Merchant ship 'mv WEIHE' at night. It is big step for the port in achieving 24x7 mechanised operations, sources concerned said in Visakhapatnam on September 23.

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VPT to confirm bids for terminal extension

VPT to confirm bids for terminal extension

For expanding its existing container terminal, the Visakhapatnam Port Trust (VPT) has revised plans in place to confirm bids at a cost of Rs 633 crore. The VPT board has decided to issue Request for Proposals (RFP) among 7 companies who were declared qualified for the task.

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Govt earmarks Rs 74,000 cr for ports development

Govt earmarks Rs 74,000 cr for ports development

In this current 12th Five Year Plan (2012-2017), the Union Shipping Ministry has decided to earmark Rs 73,793.95 crore for port sector to develop various projects. India has a total of 187 minor ports and 13 major ports spread across its nine maritime states.

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Sagar Island seaport’s phase I to start from 2017

Sagar Island seaport’s phase I to start from 2017

Chairman of Kolkata port RPS Kahlon has said that
construction work on the Rs 8,000-crore Sagar Island seaport in West Bengal would begin in two years and the first phase operations would commence from 2017. Once the port commence operations, cargo handling at the existing Kolkata port would be stopped and the place could be used as anchoring for barges, Kahlon said.

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Kerala proposes to set up maritime board, earmarks Rs 20 cr

Kerala proposes to set up maritime board, earmarks Rs 20 cr

For setting up Kerala Maritime Board (KMB), the Kerala government has submitted a proposal to the Union government. The proposed Board is intended to initiate all port-related activities and maritime cargo businesses in the state. The proposed KMB will come up at Maradu in Kochi with an initial investment of Rs 20 crore and will look at all possible avenues for port-related activities.

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Ennore Port to double its car storage capacity

Ennore Port to double its car storage capacity

To cater to the growing demand for car exports from Tamil Nadu, the Ennore Port is planning to double its car storage capacity from the existing 10,000 units in a year. The additional space at the port would be ready by the middle of 2014-15, the port Director-Operations Sanjay Kumar has said.