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Search Keyword: Mumbai Port Trust

Web Exclusive
  Dec 31, 2013

Panel appraises 5 more port projects

The Union government constituted Public Private Partnership Appraisal Committee (PPPAC-a high level committee) has appraised five proposals in the port Sector. These projects will now be recommended for grant of final approval by the Cabinet Committee on Economic Affairs (CCEA).

Web Exclusive
  Oct 21, 2013

Five bidders vie for JNPTs liquid terminal

For constructing Rs 1,800-crore liquid terminal for the Jawaharlal Nehru Port Trust (JNPT) in Mumbai, five companies, including Adani Ports and United Liner Agencies (ULA), have shown interest. Apart from ULA and Adani, Aegis Logistics, IMC and Netherlands's Vopak are expected to submit their applications on October 21, which is the deadline, the JNPT has said.

Web Exclusive
  Oct 21, 2013

Tenders called to build first marina in Mumbai

To build a beautiful marina (waterfront) for harbour in Mumbai, tenders have been invited by the Mumbai Port Trust. It is to build a specially designed harbour at the port for luxury boats. This specially designed harbour, known as marina to many, will be spread over 4.5 hectares in water and one hectare over land.

Web Exclusive
  Oct 10, 2013

Eastern Freeway in Mumbai to get another flyover

The Eastern Freeway in Mumbai has been very useful to commuters, but it has also added to the bottleneck at Panjrapole junction in Chembur. To avoid this, the Mumbai Metropolitan Region Development Authority (MMRDA) now plans to ease the congestion at Panjrapole junction in Chembur by building an additional flyover.

Web Exclusive
  Aug 25, 2013

Mumbai Port to set up marina for yachts

Rajiv Gupta, Chairman of Mumbai Port Trust said the port plans to set up its first marina project to give the yacht owners a secure storage place, especially during monsoon. The marina would be developed on the land-lease model and it is expected to come up on the northern side of the harbour waters, away from the Mallet Bun

Web Exclusive
  Aug 19, 2013

Yachts, boats to get secured marina at Mumbai port

Mumbai Port Trust will provide a secured marina storage place for yacht owners to park their boats and yachts. At present, boats in the sea at Mumbai’s Apollo Bunder are vulnerable to damage and also run a security risk. Now the Mumbai Port Trust is working on the project. Many rich people in Mumbai have expensive yachts which remain unused for long stretches causing wear and tear. The port will also make arrangements for café, restaurants and offices in the proposed marina space.

Web Exclusive
  Jul 10, 2013

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

Web Exclusive
  Jun 07, 2013

Mumbai Port closes Hay Bunder

Mumbai Port Trust will ensure from this month there is no docking at Hay Bunder and barges are re-routed. Hay Bunder has been inactive because a lot of vessels heading there do not comply with security requirements. Hay Bunder has been used extensively by vessels transporting chemicals and fertilisers

Web Exclusive
  Mar 21, 2013

Kandla Port invests in bonds of Ennore Port

Kandla Port Trust is said to have invested Rs 20 crore in the tax-free bonds issued by Ennore Port, the entity that runs Ennore Port in Tamil Nadu. According to Kandla Port, the ministry of shipping asked it to subscribe to the bond issue of Ennore Port. The direction from the ministry came understandably because of the poor response from investors to the bond

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Three Lines Shipping says:
Agree. Developing a domestic transshipment port is a good idea if we talk about seaports, there are several countries and commercial centers around the world that don’t have a seaport and these countries have to use the seaports of other countries in order to import or export their cargo, which will give a competitive advantage.
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kishore tamidela says:
Adhering to international best business practices with niche boutique firms could open doors to easily tap financing from institutional investors both debt and equity.
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