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Karaikal Port handles BHEL’s exports

Karaikal Port handles BHEL’s exports

Karaikal Port, which is a new-generation green field port in Tamil Nadu, handles sensitive cargo of the state-run Bharat Heavy Electricals (BHEL), Tiruchi. The port first handled BHELÂ’s shipment of boiler components for two 135-mw Circulating Fluidised Bed Combustion boilers to New Caledonia, a French colony near Australia, in January 2010. BHEL despatched 14,000 tonn

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CCEA may clear Andhra, West Bengal port projects

CCEA may clear Andhra, West Bengal port projects

The cabinet committee on economic affairs (CCEA) is likely to clear the two major port projects in Andhra Pradesh's Ramayapatanam and West Bengal's Sagar. The two projects are part of the centre's plan to award as many as 30 ports worth Rs 24,600 crore during the current year and enhance the cargo handling capacity by 288.48 million tonne

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Govt failed to attain capacity target in 11th plan

Govt failed to attain capacity target in 11th plan

Union Shipping Minister GK Vasan informed that the estimated capacity expansion for the 12 major ports by the end of the 11th Five Year Plan (2007-12) was 1001.80 million tonne (mn t) per annum according to the 11th Plan working group report for port industry. India at present has 12 Major ports Mumbai, Jawaharlal Nehru Port, Kandla, Kolkata-Haldia, Paradip, Visakhapatnam, Ennore, Chennai, VO Chidambaranar (formerly Tuticorin), Cochin, New Mangalore and Mor

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NMPT to construct 2 storage facilities

NMPT to construct 2 storage facilities

At a cost of Rs 9 crore, the New Mangalore Port Trust (NMPT) has taken up the construction of two additional storage sheds in the port premises. According to a media statement issued by the port, these sheds could store up to 22,000 tonne of bulk cargoes such as maize, wheat and fertiliser and they would be set up in a built-up area of 7,000 sq metre. The sheds will be read

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Cargo volume declines 6% in major ports

Cargo volume declines 6% in major ports

At 43 million tonne (mn t), cargo volume at the 12 major ports in the country declined 6.2 percent in April from 46 mn t in the year-ago month. The fall in cargo volume is mainly attributed to a decline in cargo handling at Mormugao Port in Goa as well as Mumbai Port

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Vested interest dominate agenda of major ports; experts

Vested interest dominate agenda of major ports; experts

Experts allege that the board of boards of trustees of the 11 major ports in the country are filled with people who promote their own interests rather than that of the ports. They point out that the boards are composed of shipping agents, defence and navy personnel, officials of the directorate general of shipping, Indian Railways offic

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Income of Gujarat Pipavav Port rises in March quarter

Income of Gujarat Pipavav Port rises in March quarter

Net sales or income from operation of Gujarat Pipavav Port rose to Rs 124.47 crore during Jan-Mar 2013 from Rs 100.38 crore in the year-ago period. The port posted Rs 35.37 crore net profit during the quarter under consideration against Rs 14.08 crore in the corresponding period of

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Industry seeks steps to promote coastal shipping

Industry seeks steps to promote coastal shipping

The participants of a one-day summit on the Coastal Shipping and IWT (inland water transport) in Kerala demanded the government to take steps to promote the sector. Specifically, the participants want the government to grant infrastructure status to coastal shipping on the lines of inland water transport

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NMPT may post Rs 138 cr net surplus

NMPT may post Rs 138 cr net surplus

The New Mangalore Port, which recorded a 12.43 percent growth in cargo volume in 2012-13 at 37.04 million tonne (mn t), may announce about Rs 138 crore of net surplus during the year, reports indicate. If the port is able to post the above net surplus, then it would be the 8th consecutive year that the figure exceeds Rs 100 crore, reports suggest

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Vizag port gets court notice on modernisation project

Vizag port gets court notice on modernisation project

Visakhapatnam Port Trust received a notice from the Andhra Pradesh High Court, which is hearing a petition filed by the workers union against the port's plan to rope in a private party for modernisation and upgradation of facilities at the ore handling complex (OHC). It may be noted that the port invited global tenders for the project, which it intends to implement on design, build