Adani Port slams Shipping ministry for allowing cabotage relaxation only to DP world run Vallarpadam Port. The Vallarpadam port had received cabotage relaxation in the year 2012, since then not a single port (including private ports) have not received such facility from the ministry.
Tag: 2013
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Contract renegotiation may be a reality
The government is considering the introduction of a force majeure clause in public-private partnership projects to allow renegotiation of contracts to revive private participation in infrastructure development and salvage some big-ticket projects.
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Delhi and Birmingham airports sign MOU to strengthen links between the two cities
Following the recent launch of direct flights between Delhi International Airport (India) and Birmingham Airport (UK), the two airports have signed a Memorandum of Understanding (MOU) to formalize a working relationship and commit to developing links between the two cities even further.
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APM Terminals gets best service award
Reports say that the ĆāBest Inland Service ProviderĆā award has been won by APM Terminals India and the award was presented to the company at the recently concluded '7th Annual Express, Logistics and Supply Chain Conclave, 2013' in Mumbai.
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Infra trust fund on its way
Under the finance ministry's new announcement, the revenues of a project will be transferred to the trust, which will then issue units to investors. Shilpi Aggarwal says the government is seeking innovative financing solutions for infrastructure.
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Pooling cash flow
The concept of pooled financing comes at a time when the industry needs it more than ever in recent history.Clearing nearly Rs 2 lakh crore (still a small fraction of the pending part of the pie) was the first step for the Cabinet Committee for Investments and the special committee set up by the Prime Minister's Office for this express purpose.
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Tech, manpower, containerisation boost efficiency
Experts say that while it may be unfair to compare one port's efficiency level with another's, internal factors like the level of investment in mechanisation, and others including containerisation and availability of skilled labour are impacting port operations.
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Technology in Indian port operations
Much has been written about ports' need to keep pace with the increasing trade demand through implementation of state-of-the-art technology. Manish Saigal explains what newfangled technology and processes are priority and why.
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Port operation -The efficiency factor
Slow evacuation of cargo from ports is only one of many operational hiccups that Indian ports are up against. Unsurprisingly, a majority of Indian ports have not invested sufficiently in mechanised material handling like its global peers.
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Innovative solutions
Back in the early 1990s, when the other tire companies in India were busy producing highway tires for mass use mostly, the leaders at Balkrishna Industries (BKT) foresaw a unique opportunity in international business and audaciously initiated production in the off-highway segment.