According to a source-based information, union shipping ministry may not rush to relax cabotage laws for other ports in the country. This follows the demand from different ports, including JN Port and Vishakhapatnam for similar relaxations. The ministry may first study the impact of relaxation of the laws for international container transhipment terminal (ICTT) at Vallarpadam Kochi before relaxing it in other ports
FlashNews:
Hindalco to be a force for good with engineered solutions transformation: Kumarmangalam Birla
HSR Needs Fast Tracking
RECPDCL Handovers Ratle Kiru Power Transmission Limited, a SPV of Transmission Project, to IndiGrid 2 Private Limited
RECPDCL Handovers 3 Nos. SPVs of transmission projects viz. Banaskantha Transco Limited, Kurnool-IV Transmission Limited & Rajasthan V Power Transmission Limited to Power Grid Corporation of India Limited
Showcasing India’s Supply Chain Revolution
Highlighting the Future of Smart, Sustainable Infra
Driving Sustainability Through Innovation
REC Signs ₹18,360 Cr MoU with Govt. of Kerala for Pump Storage Projects
IIFCL Launches its Gender Equality and Social Inclusion (GESI) Cell on the occasion of International Women’s Day 2025.
IIFCL and CBI Sign Expression of Interest to promote Sustainable Infrastructure Financing in India
CCI India presents 1st edition of CEO Round Table Conference on Agriculture
Jayesh Ranjan & Cement Expo Forum Leaders converge in Hyderabad
Fluence Launches Advanced Smartstack Platform for New Energy Storage Era
NBCC inks MoU with NIT Kurukshetra valuing Rs. 300 Crore
REC Foundation Commits ₹6 Crore to Sankara Eye Hospital for Cataract Surgeries Benefiting 8,000 EWS Patients
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
APSEZ may pick stake in multi-commodity terminal
Adani Ports and Special Economic Zone (APSEZ) plans to acquire stake in Vizag Seaport, which is the largest multi-commodity terminal at Visakhapatnam port. The terminal can handle all types of cargo except petroleum, oil and lubricants. It started operations on a 30-year contract from 28 November 2001 and loaded 5.55
APSEZ may pick stake in multi-commodity terminal
Adani Ports and Special Economic Zone (APSEZ) plans to acquire stake in Vizag Seaport, which is the largest multi-commodity terminal at Visakhapatnam port. The terminal can handle all types of cargo except petroleum, oil and lubricants. It started operations on a 30-year contract from 28 November 2001 and loaded 5.55
MPT set to diversify cargo handling
The crisis in the mining sector in Goa and Karnataka affected cargo traffic at Mormugao Port Trust (MPT) and hence the port plans to diversify its cargo handling. In this regard, the port is said to have taken steps to change its profile from a mono-commodity port to a multi-commodity port
KPT’s tender attracts strong response
It seems the tender floated by Kolkata Port Trust (KPT) for mechanized cargo handling at the berth no 2 and 8 of the Haldia Dock Complex is attracting strong response from firms. According to sources in the knowhow of the matter, nine companies participated in the recent pre-bid meeting held by the port trust for the tender
Krishnapatnam Port setting up new berth
Krishnapatnam Port is constructing a roll-on roll-off berth in the south terminal in order to handle export of cars manufactured in Chennai and Bangalore regions. Anil Yendluri, Chief Executive Officer, Krishnapatnam Port informed that the port is expected to have the berth ready by the first quarter of 2013-14
Krishnapatnam port handled 13.8 mn t cargo since April
Reports suggest that Krishnapatnam Port, located in Andhra Pradesh has handled 13.8 million tonne (mn t) cargo since April 2012. In 2011-12, the port loaded 15.9 mn t of cargo. The port has the capacity to handle 40-45 mn t of cargo from 11 berths built with an investment of about Rs 4,000 crore. It is one of India’s deepest ports with a draft of 18.5 meter and is capable of accommodating the biggest ships operating today
KoPT may seek TMIL’s aid to clear cargo
In order to clear the backlog of cargo at Haldia Dock Complex (HDC), Kolkata Port Trust (KoPT) may approach Tata Martrade International Logistics (TMIL) to use their mobile harbour crane. TMIL's service may be used at berth number 12 to berth number 13 also where the cargo for Haldia Bulk Terminals (HBT) terminals would be diverted, reports suggest. Cargo operations at berth numbers 2 and 8 of HDC is affec
Body opposes outsourcing of work
The All India Port and Dock Workers’ Federation has criticised what it calls the government's move to outsource cargo handling work to contract labourers. SR Kulkarni, president of the Federation said in a statement that the government should end its policy of marginalizing the working class and their organizations. He said though workers at the major ports had put up great performance, the port authorities were outs
New charges offset concessions for vessels
According to industry sources, the levy of Indian Light House charged by the Kochi Customs’ may offset some concessions now being offered by the port management to attract more vessels. Recently, Kochi Customs decided to collect Indian Light House dues for on-deck cargo on all vessels calling at the port effectively nullified the tariff reduction measure of the port