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Dighi Port receives largest bulk carrier

Dighi Port receives largest bulk carrier

On June 28, Dighi Port received the largest bulk carrier so far and one of the largest vessels to call at any port in Maharashtra. The port received the vessel ‘MV C Harmony’ having a LOA of 270 meter and a beam of 43 meter with DWT of 153,153 million tonne. The vessel carried steam coal for one of the largest coal importers in the country, reports indicat

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Port asked to revive operation in container terminal

Port asked to revive operation in container terminal

Trade unions at Cochin Port in Kerala urged the port management to revive operations at the Rajiv Gandhi Container Terminal and retaining of cargo handling at Cochin port itself. The coordination committee of various trade unions at the Cochin Port took out a protest march to the Port Trust office raising various demands. The unions organised a dharna in front of the port office

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EPL allots land for terminal project

EPL allots land for terminal project

Ennore Port (EPL) allotted 13.5 hectare land for setting up a 2 million tonne per annum multi-purpose cargo terminal. The length of the new cargo berth will be 270 metre with 15 metre draught. The port plans to set up this terminal through public private partnership (PPP) model and the terminal will have two mobile cranes and a six-fork lift truck to handle clean cargo such as timber, granite, machinery, project cargo, steel, cement

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ICTT receives Maersk main line vessel

ICTT receives Maersk main line vessel

The first direct Maersk main line service which has called at International Container Transshipment Terminal (ICTT) recently. ICTT received the mainline cargo vessel MV Newyorker with 1,185 twenty foot equivalent units (TEUs) of cashew from West Africa. The vessel, operated by the global shipping major Maersk Line, also has transshipment containers for Tutic

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APSEZ plans to set up shipbreaking yard at Mundra

APSEZ plans to set up shipbreaking yard at Mundra

Within the special economic zone (SEZ) limit of Mundra Port, Adani Ports and Special Economic Zone (APSEZ) proposes to set up a ship-breaking yard in about 40 hectare land. The Adani Group firm reportedly plans to set up the yard close to a boundary of the existing Mundra West Port in the next one or two years with an initial target of dismantling and recycling 40 ships every year

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Shipping sector suffers from overcapacity

Shipping sector suffers from overcapacity

Shipping companies worldwide are suffering from overcapacity or excess fleets and this depressed freight rates in the sector, reports indicate. At the end of 2012, worldwide fleet of bulk carriers rose to 679 from 393 in 2007. Further, this is expected to see growth of 10 per cent and 5 per cent in the next two years, respectively, before it tapers to 2 per cent in 2015, reports indicate

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Mercator Lines trims fleet size in dry bulk segment

Mercator Lines trims fleet size in dry bulk segment

According to media reports, private sector shipping major Mercator Lines reorganised itself by reducing its dry bulk fleet to 14 vessels. The company reorganised its assets in order to adapt to the low freight rate scenario in the industry. The company sold a vessel and concluded termination of contracts on three in chartered vessels in the last quarter of 2012-13, reports indicate

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Pakistan mulls ferry services from Karachi to India

Pakistan mulls ferry services from Karachi to India

According to a Pakistani media report, the national government plans to launch ferry services between Karachi and Gujarat or Mumbai. Further, the government plans to launch such a service between Karachi and Dubai. Pakistani Ports & Shipping Minister Senator Kamran Michael is quoted as saying in the media. Pakistani government set up a high-level committee to examine the feasibility of such services and the panel may

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India may ask Iran to give right to develop port

India may ask Iran to give right to develop port

Some media reports hint that the Indian government may ask Iranian government to assign it long-term rights of 60 to 90 years to develop and operate Chabahar Port. As an initial step to the phased development of the port, the existing facility can be modernised, and subsequently its capacity can be expanded

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Mumbai Port to earn rent from land given to BMC

Mumbai Port to earn rent from land given to BMC

Media reports indicate that the Mumbai Port Trust (MbPT) may earn Rs 10 crore rent from the Brihanmumbai Municipal Corporation (BMC) for leasing
a 2,200-sq-m plot on Reay Road for 30 years. MbPT would allot the land on a licence basis to the civic body for the proposed stormwater pumping station at the Britannia Outfall at RetiBunder on Reay Road