Eighteen companies have qualified to bid for developing a Rs 1,750 crore port at Nargol in south Gujarat.
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Wanted: Double-engine pull!
The way for Indian Railways to capture back some of the market lost to roads is through privatisation. Although the intent is there, privatisation of rail logistics is a while away because the fundamentals, including documentation formats, do not exist.
60 pc cargo aimed for rail
The Planning Commission wants to increase the share of cargo moved by rail to 50-60 per cent by 2018 from the current 36 per cent.
Major ports handle 6 pc more
Petroleum products, coking and thermal coal constituted a major chunk, 4.42 mt, of an incremental cargo handled in April.
M'lore terminal drops PPP plan
The New Mangalore Port Trust (NMPT) is planning to construct a container terminal on its own and has dropped the plan of public private partnership (PPP) model.
Concor plans hub
Container Corporation of India (Concor) is planning to develop its Shalimar terminal in Howrah, West Bengal into a hub for domestic traffic and is accordingly offering attractive packages to customers guaranteeing cargo.
MoEF clears Gopalpur port
The decks have been finally cleared for developing the minor, seasonal port at Gopalpur into an all-weather port with the Union Ministry of Environment and Forests (MoEF) giving its green signal.
Analysis: Strategies, opportunities and challenges in MA 2020
Everyone is excited, as the government has brought forth an implementable plan of action for the first time. Now to frame regulations and policies around it.
Expertspeak: Yet privatisation has been successful
With ICTT, by bringing mainline vessel calls to Cochin, shippers—especially in south India who earlier had to tranship their cargo over to Colombo and other regional hubs—will now save on the additional feedering cost at the hub port.
Mormugao port eyeing containerised cargo
Mormugao Port Trust (MPT) is eyeing containerised cargo and bulk importers/exporters located in north Karnataka and south Maharashtra.