In a press release, Mormugao Port Trust (MPT) said it was taking efforts to boost cruise traffic at the port as well as cruise tourism in the state. In this regard, the port authority is working in co-ordination with the union ministry of Shipping to attract more cruise liners to Goa, the release said
Category: Ports & Shipping
Post
Post
Uncertainty in dredging may affect Haldia project
With the central government withdrawing dredging subsidy for dredging projects in Kolkata port, industry watchers raise concern about the ability of the financially strained port to dredge the channel. Dredging of the channel is required in order to attract large ships and thereby boost cargo traffic in the port.
Inability to dredge the channel may affect the prospect of th
Post
Minister to discuss fuel export to Mauritius
Union Commerce and Industry Minister Anand Sharma may hold discussion with his counterpart in the Mauritius government to promote petroleum export from India to the island nation. Sharma, who is scheduled to visit the country soon, would hold meeting with Sayyad Abd-Al-Cader Sayed-Hossen, Minister of Industry, Commerce and Consumer Prote
Post
TAMP can ask CCI to probe possible anti-trust behaviour
Tariff Authority of Major Ports (TAMP) may seek the service of the Competition Commission of India (CCI) to probe anti-competitive practices of terminal operators or port companies in future. With the shipping ministry set to liberalise tariff regime in the port sector, the possibility of cartelisation and other anti-competitive behaviour
Post
Cargo volume at PPT rises 45% in June quarter
During Apr-Jun 2013 quarter, cargo volume at Paradip Port Trust (PPT) rose 45 per cent to 17 million tonne (mn t) from 11.74 mn t in the year-ago period. In an official statement, the only major port in Odisha said the cargo volume during the quarter exceeded the target set for the period by 5.79 per cent.Among all major ports in the country, the port is ranked at second position in terms of both volume and percentage growth in traffic. In June alone, the throu
Post
Department organises workshop
The Ports Department of Kerala government organised a workshop on coastal shipping with a thrust on the improvement of the Kollam cargo port on July 5. Participants in the workshop would discuss coastal environment security, shipping channels, a master plan for Kollam port, international shipping rules, rights of the fishing community and the employment opportunities arisin
Post
Govt may adopt SPV model for proposed port projects
According to some media reports, central government plans to develop two major ports, one each in Andhra Pradesh and West Bengal, through special purpose vehicle (SPV)-based model. The central government may contribute Rs 5,000 crore as equity for the two projects. Reports indicate that the central government may contribute 74 percent of the total project cost, while the respective state gove
Post
Essar Ports to ask clients to pay in dollars
Essar Ports will gradually ask its port users to pay tariff in US dollar instead of rupee. This means, the company would receive tariff in dollars from customers and convert the same into rupees at the prevailing exchange rate. After Gujarat Pipavav shipyards, Essar Ports would be the second port operator to start moving away from rupees while charging tariff, reports
Post
JV firm to operate new container terminal in Mundra port
The new container loading facility at Mundra port in Gujarat would be run by a joint venture (JV) between Mediterranean Shipping Co SA (MSC) and Adani International Container Terminal Pvt Ltd. Adani Ports and Special Economic Zone (APSEZ) formed the 100 percent subsidiary, Adani International Container Terminal Pvt Ltd, for developing the container terminal and associated facility at the south basin in Mund
Post
Container traffic witnesses negative growth
According to some industry players, container traffic in the country is witnessing a negative growth. In this backdrop, it is not surprising that the Chennai Port Trust (ChPT) failed to get any response from bidders for its much-delayed Rs 3,686-crore mega box terminal project. Some industry players suggested ChPT to set up a multi-purpose berth-cum-cruise terminal instead of the cont