Shipping Minister GK Vasan informed media persons about his ministry's plan to ask profit-making major ports to provide capital to Dredging Corporation of India (DCI) for buying dredgers. The ministry may direct some of the ports to part-finance the purchase of two dredgers. This will be first time that the major ports will fund dredger proc
Category: Ports & Shipping
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Cargo volume rises in Halifax port
Data released by the Halifax Port Authority (HPA) in Canada shows general cargo volume rose 0.5 per cent during the quarter ending June 30, 2013. It shows volume of bulk cargo, such as oil and grains, declined 11.5 per cent when compared to the same period last year. Total cargo tonnage in the second quarter rose 0.6 per c
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Ennore Port in TN gets 11 bids to build new terminal
For building a Rs 1,270 crore container loading facility the Ennore Port in Tamil Nadu received 11 initial bids from private groups. The deadline for submitting the bids ended on July 25. Ennore Port is IndiaÂ’s only Union government-controlled port that is run as a company; the others operate as trusts. The new terminal will have a capacity to load 1.4 million standard containers a year from a berth length of 730 metre.
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Kolkata port wins best container port award
Among all major ports in India, Kolkata Port Trust (KoPT) has been adjudged as the 'Container Handling Port of the Year,' at the 5th South East Cargo & Logistics Awards 2013 ceremony. The recognition for KoPT is for its excellence in container handling in 2012-13. The award was received by I Jeyakumar, Deputy Chairman, KoPT in Chennai. After receiving the award, KoPT chairman RPS Kahlon said that the port has been holding third position in respect to container traffic among the 12 major ports in
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DCI to deploy dredgers to Ennore port
The Dredging Corporation of India (DCI) was scheduled to commission the second of its three 5,500 cubic metre Trailer Suction Hopper Dredgers (TSHDs) at Chennai port on July 26. The dredger will then be deployed for projects at Ennore port, DCI Chairman-cum-Managing Director DK Mohanty said on July 5. The first dredger is already at Ennore and now the two 5,500 cubic metre TSHDs will be in operation at port to complete the dredging by the end of October.
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Paradip bags Major Port of the Year award
For its excellent performance in 2012-13, Paradip port has been conferred with the ‘Major Port of the Year’ award. SS Mishra, Chairman, Paradip Port Trust (PPT), received the award at the SCOPE International Conference & Exhibition 2013 held in Chennai recently.
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Obama vows to pace up shipping & transit projects
US President Barack Obama has vowed on July 25 to use his executive powers to bypass bottlenecks in Congress and accelerate infrastructure projects to bolster growth and add jobs. Speaking inside a cruise ship terminal at Jaxport, a major passenger and cargo port on the East Coast, Obama hailed two major projects that would accommodate increasing global trade and speed the delivery of goods that arrive on huge ships and depart by train for destinations across the United States.
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Karnataka ranks 3rd in port projects under bidding
Karnataka ranks 3rd in value terms for projects under bidding in the ports industry in the public private partnership (PPP) sector as of 30 April, 2013, according to a study titled 'Port Developments in India' by Assocham, a trade body. Gujarat and Kerala occupies first and second place, the study sai. A statement from Assocham said that With 3 projects worth over Rs 3,200 crore, Karnataka ranks 3rd with share of about 40% in value terms for the projects under bidding. However, there are no port
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Maersk gets award for handling highest traffic at JN Port
Maersk Line (India & Sri Lanka cluster), the core liner shipping firm of the AP Moller – Maersk Group, and the leading container shipping company in the world, received an award for highest box traffic at the JN Port Trust at 6,92,850 Twenty Foot Equivalent Unit (TEU) for the fiscal year of 2012 -2013.
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Cargo cost set to come down thanks to coastal shipping
With the development of coastal shipping in India, soon a car manufactured at a Sriperumbudur plant near Chennai would be able to reach Mithapur in GujÂarat within five days. While the companies can move 50 truckload of cargo in one ship, the water transportation method would also bring down manufacturing cost of the product, fuel expense and reduce carbon footprint.