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APM Terminals Pipavav upgrades container infrastructure

APM Terminals Pipavav upgrades container infrastructure

In a move that raises the operational capacity of APM Terminals Pipavav, the port authority upgraded its infrastructure with the ability to carry Double Stack High Cube Containers. The double stack container trains commenced recently and this made APM Terminals Pipavav one of the

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Mundra port handles more cargo than Kandla

Mundra port handles more cargo than Kandla

Cargo volume handled by Mundra port stood at 24 million tonne (mn t) during April and June and this is more than the 23 mn t handled by Kandla port in the same period. With this, the Adani Ports and Special Economic Zone (APSEZ)-run port became the first private port to overtake the cargo volume of a major port in the coun

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Industry wants govt to focus on issues in port sector

Industry wants govt to focus on issues in port sector

Industry players suggested the government to pay renewed attention to the issues facing port sector in India. Some of the issues facing the sector are lack of clarity on land acquisition policy in an around port area, implementation delays in public private partnership (PPP) projects and faulty tariff structure governing major port

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Industry wants govt to focus on issues in port sector

Industry wants govt to focus on issues in port sector

Industry players suggested the government to pay renewed attention to the issues facing port sector in India. Some of the issues facing the sector are lack of clarity on land acquisition policy in an around port area, implementation delays in public private partnership (PPP) projects and faulty tariff structure governing major port

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Ennore Port gives concession to Nissan for cargo export

Ennore Port gives concession to Nissan for cargo export

Ennore Port agreed to handle automobile exports cargo of Japanese auto major Nissan Motor India at a concessional rate for a period of 10 years. According to an agreement signed by both the parties, the port gave Nissan concessions in the wharfage up to 60,000 units per annum at the rate of 0.36 percent per unit

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Net profit of Essar Ports rises 48% in June quarter

Net profit of Essar Ports rises 48% in June quarter

Net profit of Essar Ports rose 48 percent to Rs 101.4 crore during April-June 2013 from Rs 68.5 crore in the year-ago period. The port announced 22 per cent growth in revenue at Rs 403.7 crore during the quarter under consideration from Rs 330.3 crore in the corresponding period last year. Cargo volume of the firm rose to 14 million tonne during the quarter from 12.65 million tonne in the year-ago

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GMB plans to add 46 mn t capacity in FY14

GMB plans to add 46 mn t capacity in FY14

Gujarat Maritime Board (GMB) plans to add 46 million tonne (mn t) of capacity at the non-major ports in the state during 2013-14. Once this is achieved, the total cargo handling in non-major ports of the state would rise to 412 Million Tonne Per Annum (mn tpa), reports

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CPT loses cargo volume due to exit of HBT

CPT loses cargo volume due to exit of HBT

RPS Kahlon, Chairman of Calcutta Port Trust remarked that the exit of Haldia Bulk Terminal (HBT) is one of the reasons for the port losing out on 3-4 million-tonne of cargo in 2012-13. HBT, which is a mechanised cargo handler working in berth number 2 & 8 in Haldia Dock Complex (HDC), exited the contract with the port prematurely in November 2012

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Plan panel, ministry differ on draft norm for tariff setting

Plan panel, ministry differ on draft norm for tariff setting

There seems to be some difference of opinion between the Planning Commission and the union shipping ministry regarding the draft new tariff guidelines for major ports. At a recent meeting with the shipping ministry, the Planning Commission said the reference tariff notified by Tamp will apply only for the first year of the concession perio