A report by ratings agency ICRA shows the market share of non-major ports rose to 42 per cent in 2012-13 from 39 percent in the previous year because of their efficient operation. Thus, in 2012-13, market share of major ports declined to 58 per cent of the total throughput, compared to 61
Category: Ports & Shipping
Post
Post
DCI plans to spend Rs 19 bn in 5 yrs
In the 12th five year plan (2012-17), Dredging Corporation of India (DCI) has planned a capital expenditure of about Rs 1,972 crore. This includes placing order for two more 9,000 cubic metre capacity dredgers. In the next four to five years, the state-run firm expects to procure these dredgers which may facilitate the company to handle up to 80 per cent of the annual maintenance dredging works of Indian ports. The balance wou
Post
11 firms apply for developing Ennore Port terminal
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 (RFQ) proposals. These proposals will be evaluated by Ennore Port authorities and the names of short-listed firms announced within the next two weeks. Thursday was the last date for submitting the proposals for developing the Ennore Container Terminal (ECT).
Post
Lankan port transshipment comprises 62% of Indian cargo
Sri Lanka Ports Authority (SLPA) has stated that cargo to and from India accounts for 62 per cent of Colombo portĂâs transshipment business. SLPA's Chairman Priyath Bandu Wickrama said that at present, Colombo is handling 16 per cent of IndiaĂâs transshipment of 10 million TEU, but it hopes to increase it to 23 per cent, given the portĂâs expansion plans. The new port coming up on the southern side of the existing harbour will increase ColomboĂâs capacity by 40 per cent.
Post
Ministry may ask major ports to fund DCI
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
Post
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
Post
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 IndiaĂâs 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.
Post
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
Post
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.
Post
Paradip bags Major Port of the Year award
For its excellent performance in 2012-13, Paradip port has been conferred with the ĂâMajor Port of the YearĂâ award. SS Mishra, Chairman, Paradip Port Trust (PPT), received the award at the SCOPE International Conference & Exhibition 2013 held in Chennai recently.