Chennai Port Trust has decided to restructure the Rs 3,686 crore container terminal project as it failed to attract bidders for the project in the current form.
Category: Ports & Shipping
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Ore volume at PPT rises
Paradip Port Trust (PPT) handled 329 per cent more iron ore at 7.65 lakh tonne during April-May 2013 compared to 1.78 lakh tonne in the year-ago period. The strong growth in ore throughput from the port has given rise to hope of a revival in its export,
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Haldia Dock II project
RPS Kahlon, Chairman of Kolkata Port Trust (KoPT) informed that Concast-Hyundai and Adani Ports showed interest in developing the second dock facility at Haldia.
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Consultant for Bheemili port
Visakhapatnam Port Trust (VPT) plans to rope in a Delhi-based consultant firm, Aecom, for preparing a detailed feasibility report (DFR) for the proposed satellite port at Bheemili.
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Mundra port handles largest container ship
Adani Ports and Special Economic Zone (Adani Ports) said its Mundra Port handled the largest container vessel up to now with nominal capacity of 14,036 TEUs, the first of its kind to call at any Indian port, thereby making history in the Indian maritime sector.
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2nd GreenPort South Asia Conference
The second GreenPort South Asia Conference will again be held in Mumbai, on 26-27 February 2014. In order to ensure the Conference continues to deliver content pertinent to the region it serves, an Advisory Board has now been formed.
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Final draft guidelines for tariff setting
The Shipping Ministry will publish the final draft guidelines for tariff setting by cargo terminal operators in ports. The new regime will apply prospectively to cargo handling projects bid out after the draft is notified.
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ASSOCHAM opposes relaxation of export ban on ore
Industry body Associated Chambers of Commerce and Industry of India (ASSOCHAM) and the Odisha government oppose the centre's possible move to relax the export ban imposed earlier on iron ore. In fact, Odisha governments wants the centre to ban ore export completely as it argues that a number of industries in the state are facing shortage of the raw materia
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GMB mulls maritime cluster to boost port infrastructure
AK Rakesh, Vice-Chairman and Chief Executive of Gujarat Maritime Board (GMB) informed that the organisation would develop a maritime cluster on the lines of such centres in Singapore and Dubai. The regulator for all non-major ports and shipping activities in the state also plans to develop two port cities. The maritime cluster approach, an important component of government policy in the US, the UK, Sing
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APM Terminals to join hands with Ningbo Port
A joint venture between Ningbo Port Group and APM Terminals would invest in and operate berths 3, 4 and 5 at NingboĂâs Meishan Container Terminal in China. Both the parties have recently entered into an agreement
for this joint venture. While Ningbo Port Group would invest 75 percent, APM Terminals would contribute the remaining 25 percent in the joint venture. The berths are expected to ope