Jawaharlal Nehru Port Trust (JNPT) is to build Rs 1,800 crore new liquid terminal through public-private-partnership route. The Port Trust has finalised plans to build the terminal having a capacity of 15 million tonne per annum. The planned new terminal will have a liquid jetty and a tank farm spread over 70 hectare.
Category: Ports & Shipping
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BWNC meet in Sept to settle port & dock workers wage issue
The Union government-owned major ports' management representatives have taken rigid stand over consolidation of pension consequent upon the revision of wages w.e.f January first 2012 & fixation of pay on promotion including in case of financial up-gradation under MACP Scheme.
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Govt takes up port modernisation at Rs 12,000 cr
The Union government has taken up modernisation and expansion of 43 port projects at a cost of Rs 12,000 crore to add about 220 million tonne capacity to the ports. This was stated by the Union Minister of State for Shipping Milind Deora in THE Rajya Sabha on August 29. The capacity of all major ports was 744.91 million tonne per annum (MTPA) as on March 31, 2013.
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Paradip Port Trust bags Think Odisha CSR Award-20
‘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.
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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.