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Vizag port offers sops to customers to beat competition

Vizag port offers sops to customers to beat competition

Private ports in Andhra Pradesh are giving a tough competition to the government-owned major port, Visakhapatnam or Vizag port. Gangavaram and Krishnapatnam are the two private ports in the state's east coast and their competition has caused a fall in Vizag airport's iron ore exports in recent times. Visakhapatnam port is mainly dependent on bulk cargoes. However, Gangavaram port is grabbing a sizable chunk of cargo of Vizag port's business.

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Chidambaranar port’s record in cargo handling

Chidambaranar port’s record in cargo handling

VO Chidambaranar Port Trust has stated that the port has handled 1,39,610 tonne of cargo, surpassing the previous record of 1,17,641 tonne achieved on July 11 in 2009. The major cargo that contributed to the achievement are: industrial coal, thermal coal, containers cargo, gypsum, limestone and copper concentrate.

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Moving of boxes to a pvt station from Kochi port postponed

Moving of boxes to a pvt station from Kochi port postponed

Following objections raised by Kochin port users, Kochi Customs has postponed by three months its decision to implement the en-bloc movement of import containers from ICTT to a private container freight station. The stakeholders at the port alleged that the decision would involve an additional expenditure of Rs 5,000/teu for moving the boxes.

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Navy wants pacing up of Sagar port project

Navy wants pacing up of Sagar port project

To ensure security in the north Bay of Bengal region, the Indian Navy wants the authorities concerned to expedite the Sagar port project in the southern tip of West Bengal. Senior officers from the Navy recently visited Sagar. The Sagar port will be very crucial for the country's defences, the Navy officials said.

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Indian ports face dredging problems

Indian ports face dredging problems

Media reports say that Indian ports, including major ports, face dredging problems. Many? of ?IndiaÂ’s State-run ports are struggling to honour commitments given to private cargo handlers to deepen and maintain channels for ships to dock. It is not something port authorities can control. They have to rely on private dredgers to undertake the work and cannot be faulted if the contractors fail to perform.

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Shreyas Shipping Service links India’s east, west coasts

Shreyas Shipping Service links India’s east, west coasts

With the starting of a coastal container service, connectivity between major ports in the East and West coasts linking ICTT Vallarpadam has become a reality. Shreyas Shipping Service has introduced Pan India Express, a bi-weekly service, by deploying a 1700 teu vessel connecting all the major East Coast ports to ICTT.

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Vizag port takes up expansion at Rs 4,500 cr

Vizag port takes up expansion at Rs 4,500 cr

To expand its cargo handling capacity, Visakhapatnam port plans to spend Rs 4,500 crore. The port's existing capacity is 65 million tonne (mtpa) and it plans to enhance it to 110 mtpa by 2015-16. The expansion plan includes setting up of 3-4 new berths besides modernising the existing berths towards fully mechanised ones.

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Nod to licensing of land to developers of 4 major ports

Nod to licensing of land to developers of 4 major ports

The Union Cabinet has approved a proposal to license land to developers of projects at four major ports under public-private partnership (PPP) mode to strengthen the ports' capacity. It cleared one project on lease basis for setting up a cement bagging plant at Cochin Port.