Media reports suggest Dahej Harbour Infrastructure plans to set up a new, multi-purpose berth that can also handle containers at its captive jetty in the Dahej port, Gujarat. It is also learnt that the new, multi-purpose berth will be designed to handle 5-6 mn t of cargo a year including containers
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Ministry sets up panel for 2nd major port in Gujarat
Union Minister of State for Shipping Milind Deora informed that his ministry set up a panel to study the feasibility of setting up another major port in Gujarat on the lines of Kandla Port. It is learnt that the committee will explore locations at which this second major port could come up. Gujarat alrea
Maheshwari creates record in cargo loading
Kandla Port Trust (KPT) congratulated handling agents Maheshwari Handling Agency and BS Shipping for loading a record 38,000 million tonne (mn t) Kaoline in just 1 day on m.v. Wingsail. The port authority also congratulated ship agent - BS Shipping Private, shippers - Gunjan Minerals & Clays LLP , Buyer - Ras Al Khaimah Company, UAE and Customs Hou
Cargo volume at Kolkata Port declines in Apr-Dec 2012
Kolkata Port Trust (including Haldia ) witnessed 14.65 per cent decline in cargo handling at 28.86 mn t during April and December 2012. Haldia alone recorded 17.31 per cent drop in cargo volume at 20.2 mn t, official data shows. The other ports recording negative growth included Visakhapatnam 16.04 per cent at 44.2 mn t; and Chennai 4.87 per cent at 39.89 mn
Paradip Port may post growth in cargo handling
Reports indicate that Paradip Port may handle more cargo in 2012-13 that what it handled in 2011-12. However, the port may not be able to meet the target of 63 million tonne (mn t) set by the union shipping ministry. In 2011-12, the port registered 54.2 mn t cargo handling. During Apr-Dec 2012, the port handled 45 mn t car
Chidambaranar port appeals against stay order
VO Chidambaranar port, which is a major port in Tamil Nadu, appealed against the stay order of Tuticorin district court on the revision of royalty with the Madurai bench of the Madras high court. PSA International, which operates PSA-Sical Terminal at the port, secured a stay order from the district court in Tuticorin on the revision of the royalty it pays
Krishnapatnam Port handles 456 vessels
Krishnapatnam port, which is 25 km east of Nellore, Andhra Pradesh, handled 456 vessels until December 2012. The port handled 428 vessels and 15.41 million tonne of cargo in 2011-12 as against 417 vessels and 15.91 million tonnes in 2010-11. The port was inaugurated in July 2008 and is promoted by the Hyderabad-based CVR Group. The cont
Net profit of Essar Shipping declines
Net profit of Essar Shipping declined to Rs 17.85 crore during Oct-Dec 2012 from Rs 48.65 crore in the corresponding period of last year because of higher costs and low crude freight rates in crude oil transportation. The firm reported revenue of Rs 792.66 crore, EBIT0
Mundra Port may witness cargo volume growth
Analysts feel that Mundra Port, which is operated by Adani Port and Special Economic Zone (APSEZ), may continue to witness growth in cargo volumes owing to better connectivity to power projects on the west coast. According to one research report, capacity constraints at India's major ports have led to a flat gro
EPL gets response from leading firms for container project
Domestic and global firms have reportedly shown interest in the container terminal expansion project of the Ennore Port (EPL) in response to the the portÂ’s Expression of Interest (EoI) issued recently. The project received interest from 11 companies including multinationals such as Port of Singapore Authority, DP World and APM Terminals, local firms like Lars