To initiate all port-related activities and maritime cargo business in Kerala, the Kerala government has proposed to set up Kerala Maritime Board (KMB). The State government has taken Gujarat Maritime Board as a model for the proposed KMB. The proposal has been submitted to the Union government.
Category: Warehousing & Logistics
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AP to get its 2nd major port, boost to its logistics biz
With the decks cleared for setting up of a second major port in Andhra Pradesh, the state is set to receive a significant boost for its logistics sector. Once the second major port in Prakasham district commissioned, the State will have two major ports, the other being the countryÂ’s premier Visakhapatnam Port.
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L&Ts Kattupalli container terminal to start from Sept 19
The Larsen & Toubro's container terminal project constructed at a cost of Rs 2,000 crore at Kattupalli, near Chennai, is to go on commercial stream from September. The project has been delayed nearly for two years. It is expected that the new terminal will take away major chunk of container traffic from the Chennai port.
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GAIL looks to buy 13 LNG cargoes in FY13
GAIL Chairman BC Tripathi said on July 25 that the company needs to buy 13 cargoes this fiscal year to March out of its planned 34. GAIL received 7 cargoes in the first quarter of the fiscal year, Tripathi said. He added that contracts for 21 cargoes have already been finalised.
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Sanghi to buy jetties/terminals at Rs 275 cr in Kutch
Sanghi Industries plans to invest Rs 275 crore in the next 18 months on upgrading logistics and removing bottlenecks at its Kutch plant. The move is part of its effort to be debt-free in two to three years. Alok Sanghi, Director, said the company will invest Rs 150 crore on acquiring ships and setting up new jetties/terminals. Rs 125 crore will be spent on removing bottlenecks.
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Plan panel to decide on Rs 42.6 bn rail project
The Planning Commission would decide on whether whether to clear the Rs 4266.88 crore railway line project between Karnataka and Kerala. Of the estimated cost Rs 4266.88 crore, the cost of laying 72-km railway line between Nanjangud and Sulthan Bathery is estimated at Rs 764 crore. The Nilgiris-Wayanad National Highway and Railway Action Committee (NWNHRAC) has updated the earlier survey on the 236-km rail line project and has sent the repo
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Gujarat govt sets up SPV to implement Rs 50 bn project
The Gujarat government set up a special purpose vehicle with an initial authorized capital of Rs 200 crore to implement a dedicated regional rail system project. State-run RITES is learnt to have submitted to the Gujarat government, the final feasibility report for the project, which is expected to cost Rs 5,000 crore at the current price. Initially, the estimated cost of the project was Rs 2,500 crore in
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Massive infrastructural development at grassroot level is needed: Experts
The private players can participate in the construction of infrastructure for cold chain systems and benefit greatly. However, the experience of the few private players who have invested in the cold chain has not been satisfactory for them.
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Building an ambitious global logistics hub
Managing logistics needs an innovative integration of international best practices and equipment, as well as comprehensive knowhow of local regulations, writes Adarsh Hegde.
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Logistics as a factor of process efficiencies
Low penetration of automation and processes in the largely unorganised sector is a setback for logistics in India. Efficiencies through better infrastructure and statutory conditions would help unshackle the sectorÂ’s economic potential significantly, writes Thomas Tieber.