The current cargo handling capacity of Essar Ports is 150 MTPA. Essar Ports specialises in development and operations of ports and terminals for handling liquid, dry bulk, break bulk and general cargo.
Roads connecting the docks and air cargo complexes of container freight stations are in a very bad condition, hence this creates very bad congestion. There should be convenience; intermodal transport will be successful only when we have proper rail and road connecting infrastructure
The government might soon propose amendments to the Multimodal Transportation of Goods Act, 1993. The aim is more transparency in the shipping and logistics sectors and to discourage container freight stations from overcharging both importers and exporters, said two government officials with direct knowledge of the matter.
Private sector port operator Essar Ports (EPL) said shareholders have approved its proposal to raise up to $1 billion through securities, from domestic and international markets to fund expansion plans. One of the countryÂ´s largest port operators, EPL plans to increase its cargo handling capacity from 104 million tonne per annum (mtpa), at present, to 194 mtpa.
The world population depends heavily on dredging solutions for global trade, coastal defence, urban development, energy supplies, and leisure or tourism. Dredging is an indicator of the development of the coastal states and such sustained development is essential for the social and economic development of the country.
The Visakhapatnam port has handled a little over 58 million tonne of cargo during 2013-14. The port has suffered loss of cargo during the past few years due to several reasons. Stiff competition from the neighbouring ports, the many ongoing projects in the port in
recent years affecting cargo-handling and the fall in iron ore exports are some of the main reasons for slump in the fortunes of the port.
Although the concept of green ports is emerging as a necessary infrastructure solution for ports worldwide, India has to first step up its levels of cargo handling efficiency and logistics connectivity with the hinterland before it can match international standards in the 'greening' processes.
To improve its capacity, the Visakhapatnam Port is to mechanise cargo-handling to face challenges from the private ports. It has also taken up nine major projects under the public-private partnership (PPP) mode, 2 of which have been finished and the rest being in various stages, said Deputy Chairman of the port GVL Satya Kumar.