‘Think Odisha CSR Award - 2013’ has been conferred on Paradip Port Trust (PPT). The award has been constituted by Tefla’s and The Times of India. Sudhansu Sekhara Mishra, Chairman, Paradip Port Trust, received the award from Naveen Patnaik, Chief Minister of Odisha at the 6th edition of ‘CSR awards and Think Odisha leadership.’ recently.
Category: Ports & Shipping
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Goa Ministry raises doubts over MPTs marina project
The Goa Minister of Environment and Forests Alina Saldanha has raised doubts over the environmental safety of the marina projects, planned by the Mormugao Port Trust (MPT). The marina contracts have been given to Chowgule and Kharagwal groups. Last week the Port Trust had claimed that it was satisfied with the Environment Impact Assessment (EIA) submitted by the marina promoters.
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Adani pins hopes on dollar revenues from Indian ports
Ahmedabad-based Adani Group is alarmed with the falling value of rupee and now pinning its hopes on dollar revenues from its port trade. Gautam Adani, Chairman of Adani Group said that the port trade of the company has income streams, which are US dollar-denominated.
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OSL gets 20% revenue from dredging
Marine service provider Ocean Sparkle (OSL) generates 20 percent of its revenue through dredging operation and another 45-50 percent of income from operations at minor ports. The Hyderabad-based firm provides services like harbour towage, pilotage of various kinds of vessels including specialised tonnage like LNG (liquefied natural gas)
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Panel opposes giving profitable waterways to pvt parties
The Parliament's Standing Committee on Transport, Tourism and Culture said in its report tabled in the Parliament on August 27 that it is against the Shipping Ministry's proposal of handing over profitable stretches of National Waterways 4 and 5 to private investors through public-private-partnership (PPP) mode.
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Plan ready to develop naval amenities at Brisbane port
Brisbane city in Australian state of Queensland has enough deepwater capacity to host Royal Australian Navy vessels. The Port of Brisbane is preparing A 20-year plan to provide naval facilities. The Port of Brisbane regularly hosts large American naval ships.
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TCX to start services from Kattupalli port from Sept 19
A regular schedule from Kattupalli port in Tamil Nadu has been announced by Thailand-Chennai Express Service (TCX), a consortium of NYK and X-Feeders. The service will be operational from September 19.
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TIL vie for Rs 8,200 cr JNPT terminal contract
After buying a 50 per cent stake in a container-loading facility at Mundra port in Gujarat in last July, Terminal Investment Ltd SA (TIL) , majority owned by Mediterranean Shipping Co SA (MSC), is looking to expand in India further. Terminal Investment Limited SA (TIL) invests in, develops and manages container terminals around the world. The company was founded in 2000 to secure berths and terminal capacity in the major ports used by Mediterranean Shipping Company (MSC).
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Colombo ports south container terminal opens
Commercial operations of the International Port of Colombo South Container Terminal Project at Colombo Port was flagged off on August 5. The new terminal has been constructed by China Communications Construction Company, Zhenhua Heavy Industries, FHDI Engineering Company and Third Highway Engineering Company. With $300 million cost the project has been constructed in 28 months.
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Centre to develop two new major ports in AP, WB
The Government has decided to develop two new major ports with private participation under the Public Private Partnership (PPP) Mode, one at Dugarajapatnam in Andhra Pradesh and the other at Sagar Island in West Bengal, said the Union Minister of Shipping GK Vasan in a written reply in the Lok Sabha on August 26.