In a press release, Dighi Port said it successfully handled a cape size vessel in May this year and has now handled another Capesize vessel carrying coal for one of the largest coal importers in the country. In the first year of being operational in the monsoons, the port achieved another significant milestone by successfully handling the largest Capesize vess
Category: Ports & Shipping
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Experts urge govt to revamp tariff regime for major ports
Experts and industry watchers feel that the government must revamp the tariff structure governing major ports in the country and make them market-driven rather than being regulated by Tariff Authority for Major Ports (TAMP). Industry players and experts suggest the government to reform the tariff regime in the port sect
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Resumption of rice export from Paradip Port
Srilalitha Enterprise Pvt Ltd is using Paradip Port to export rice to Indonesia. At the container yard of Paradip Port, 2,650mn t of rice was unloaded through 42 wagons from Raipur. Simultaneously ,the unloaded rice bags were stuffed into the containers. Unloading of rice from the wagons and loading into the container is being done under the sup
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GAIL, Paradip Port may sign MoU for LNG terminal project
GAIL India and Paradip Port Trust may soon sign a memorandum of understanding (MoU) to set up an LNG terminal, most probably offshore at the port. GAIL (India), the largest state-owned gas processing and distribution company, proposes to set up an LNG terminal, most probably offshore, at the port.
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EPL to raise Rs 500 crore via bonds
Ennore Port (EPL) plans to raise only Rs 500 crore through tax-free bonds instead of the earlier plan of mopping up Rs 1,000 crore. The port is awaiting government notification and it hopes that it would get the same in next two to three months.
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KPT to invest Rs 6,000 cr
Kandla Port Trust (KPT) plans to set up a container terminal at a cost of Rs 5,992 crore. The terminal, which will come up at Tuna-Tekra in the Gulf-of- Kutch outside Kandla Creek, will be capable of handling container vessels up to 18,000 TEUs.
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11 firms for Ennore Port terminal project
For developing Rs 1,270 - crore container terminal at Ennore Port in Tamil Nadu, 11 companies, including four foreign firms, have submitted their Requests for Qualification (RFQs) proposals.
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Lankan port transhipment
Sri Lanka Ports Authority (SLPA) has stated that cargo to and from India accounts for 62 per cent of Colombo port's transhipment business. SLPA's Chairman Priyath Bandu Wickrama said that at present,
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Essar iron ore berths in Vizag
Essar Ports is looking to secure finances of about Rs 700 crore for developing three iron ore berths at the Visakhapatnam port in the next six months.
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VPT faces delay
Visakhapatnam Port Trust (VPT) may find it difficult to achieve its planned capacity increase to 150 million tonne by 2020 as several port projects are facing delay.