A trial run of a container vessel at Kattupalli Port went as per plan and without any hitch. Following this, the port is ready to handle more container ships, reports indicate. The container vessel Maersk Dalton completed the maiden trial run between the Chennai Port Trust and Kattupalli Port. During the trial run, officials tested the syste
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Maritime states oppose proposed regulator
Maritime states in the country are opposing the proposal of the union Ministry of Shipping (MoS) to set up a Port Regulatory Authority under the Ports Regulatory Authority Bill. Following this, the ministry is rethinking the proposal for establishing such a regulator, reports suggest.The prop
Azhikkal port to negotiate revenue share with ABG
Authorities of Azhikkal port is in the process of negotiating the revenue share with the sole bidder -Mumbai-based ABG Group - for its proposed cement terminal project. It may be noted that when the port issued tender for the first time, even ABG delayed submitting a detai
Gangavaram Port works on expansion plan
Gangavaram Port in Andhra Pradesh is working on its expansion plan to raise its cargo handling capacity from the current 15 million tonne to 45 mn t. The project involves addition of three multi-purpose berths and a coal handling terminal. The port has a
Shipping ministry expects to award all 42 projects by March
By March 2013, union shipping ministry expects to award all the 42 port projects targeted during 2012-13, Minister for Shipping GK Vasan informed reporters. Speaking to media persons, Vasan said most of these projects are for capacity addition, deepening of chan
Shipping ministry expects to award all 42 projects by March
By March 2013, union shipping ministry expects to award all the 42 port projects targeted during 2012-13, Minister for Shipping GK Vasan informed reporters. Speaking to media persons, Vasan said most of these projects are for capacity addition, deepening of chan
KoPT demands import duty from HBT
ABG Haldia Bulk Terminals (HBT) is said to have received a notice from the customs department of the Kolkata Port Trust (KoPT) demanding import duty on equipments. It is learnt that equipment of Rs 75-80 crore was imported without paying duty for operations at berth num
Karaikal Port tries to overcome debt problem
According to media reports, Karaikal Port (KPPL) is finding ways to overcome its huge debt. Among the plans are refinancing or restructuring of debt or terminalisation of its port infrastructure. It is learnt that the port's projection of a sharp growth of traffic from items like fertilisers, crude or petroleum, and containers has not materialised. This is poss
Kolkata Port to invest Rs 150 bn to attract traffic
In order to reverse the decline in cargo handling at Kolkata Port, the authority planned to invest Rs 15,000 crore on various development projects till the end of the 12th Five Year Plan (2016-17). Cargo handling at the port declined to 43.245 million tonne (mn t) in 2011-12 compared to 47.545 mn t in the previous fiscal. The decline is attributed mainly to a fall in liquid bulk as also in crude oil movement. Meanwhile, the port is planning to sell or lease land in seve
NMPT makes efforts to woo traders
The New Mangalore Port Trust (NMPT) is making efforts to woo importers and exporters from the neighbouring regions. For example, recently the port officials held consultations with exporters from Shimoga region in this regard. The officials urged the importers and exporters of Sh