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MPT to offer sops to exporters

MPT to offer sops to exporters

In order to attract container traffic business from the neighbouring states, Mormugao Port Trust (MPT) plans to offer operational sops to exporters. The port has been trying to diversify its cargo handling ever since the iron ore mining ban in Goa affected export of the mineral and thereby the port's main cargo traffic. The port is willing to offer one-to-one service so that the consignment can be loaded onto the ship till the last minute. There is no cutoff time for loading the con

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CPT to promote its facilities for attracting traffic

CPT to promote its facilities for attracting traffic

On July 19, Chennai Port Trust (CPT) has organised a trade show in Hyderabad to showcase various facilities available with the port and how it would be useful to importers and exporters. The port decided to hold the event as it realised that a lot of cargo from CPT goes to Andhra hinterland. Industry watchers warn that CPT must improve its marketing or else traders would slowly move towards newe

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Firms respond to RfQ for Rs 80 bn terminal project

Firms respond to RfQ for Rs 80 bn terminal project

Several firms have responded to the request for qualification (RfQ) sought by the Jawaharlal Nehru Port (JNPT) for the Rs 8,000 crore fourth container terminal project. The port authority would soon conduct a pre-bid meeting for the project, after which the number of actual bidders would be known. Among the firms responded to the RfQ are DP World, Dubai, APM Terminals, Adani Group. It may be recall

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Villagers file PIL against APSEZ project

Villagers file PIL against APSEZ project

A public interest litigation (PIL) was filed in the Gujarat High Court alleging wide-spread commercial activities in the special economic zone (SEZ) of Adani Port and Special Economic Zone (APSEZ) in Mundra, Kutch. The PIL, filed by the people of Navinal village claims that the Adani Group firm was working on some construction projects in the area despite court's order of May 9, 2012, restricting any kind of construction or deve

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Mitsui OSK ropes in firm to rescue cargo

Mitsui OSK ropes in firm to rescue cargo

Mitsui OSK Lines roped in a salvage company to rescue the cargo and hulls of a 300-metre long container ship MOL Comfort, which broke into two parts mid sea about 530 nautical miles off Goa. The company claimed that there was no large volume of oil leakage owing to the incident. Majority of the cargo is confirmed to be aboard the fore and aft part of he ship. However, some of the containers may be lost or damaged during the incident, reports indicate. All 26 crew

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GMB issues alert on container slippage

GMB issues alert on container slippage

The Vessel Traffic Management System (VTMS) in Gulf of Kutch issued alerts as about 17 containers slipped from MV Rajeev Gandhi, a vessel container of Shipping Corporation of India (SCI), off Okha West coast on June 27 when the vessel was on the way to Mundra port. Information from Gujarat Maritime Board (GMB) reveals that 16 containers onboard the vessel were empty, while one contains high density polyethylene (HDP

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Panel report makes suggestion to shipping ministry

Panel report makes suggestion to shipping ministry

The Parliamentary Standing Committee on Transport, Tourism and Culture suggested the union shipping ministry to allow the use of harmful paints by only commercial vessels. In its latest report, the panel said the use of harmful paints by any ship, in fact would affect marine environment adversely. Therefore, the report asked the ministry to consider these aspects

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Sanghi to invest Rs 1.5 bn on ships, jetties

Sanghi to invest Rs 1.5 bn on ships, jetties

Media reports suggest that Sanghi Cement would invest Rs 150 crore for buying ships and for setting up new jetties or terminals. The company would spend Rs 100 crore on its Mumbai jetty in the next three years. Sanghi Industries has a captive jetty near its cement plant in Abdasa, Kutch and a sea terminal at Navlakhi port of Gujarat Maritime Board (GMB) in Rajk

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Chennai port may restructure terminal project

Chennai port may restructure terminal project

According to source-based information, the board of trustees of the Chennai Port decided to restructure the Rs 3,686 crore container terminal project as it failed to attract bidders for the project in the current form. The port planned to invest Rs 561 crore on the project and attract the remaining Rs 3,125 crore investment from private sector. The port trust shortlisted seven bidders for the proposed terminal with a capacity to load 4 million stan

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Study shows bright prospect for proposed port

Study shows bright prospect for proposed port

A study released by the Trivandrum development front (TDF) shows bright prospects for the proposed Vizhinjam international seaport project in Kerala. TDF recently released a comprehensive site analysis and prospects of Vizhinjam port based on the environment impact assessment report and master plan. The study pointed out that the port, when operational, will b