Kerala government gave administrative approval for a Rs 380-lakh project to develop the Beypore port, Minister for Ports K Babu was quoted as saying in an official press note. Of the total amount, Rs 300 lakh would be spent on installing reach stackers for the movement of cargo containers from the wharf to the stacking
Tag: Cargo
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Chidambaranar port’s record in cargo handling
VO Chidambaranar Port Trust has stated that the port has handled 1,39,610 tonne of cargo, surpassing the previous record of 1,17,641 tonne achieved on July 11 in 2009. The major cargo that contributed to the achievement are: industrial coal, thermal coal, containers cargo, gypsum, limestone and copper concentrate.
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Indian ports face dredging problems
Media reports say that Indian ports, including major ports, face dredging problems. Many? of ?IndiaÂ’s State-run ports are struggling to honour commitments given to private cargo handlers to deepen and maintain channels for ships to dock. It is not something port authorities can control. They have to rely on private dredgers to undertake the work and cannot be faulted if the contractors fail to perform.
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Paradip port handles 21% more cargo in Aug
During the last August, Paradip Port Trust (PPT) handled 5.91 million tonne (mt) cargo of imports and exports, compared with 4.88 mt handled in the same month last year, registering a growth of 21.07 per cent. The August figure is also 13.29 per cent higher than the target fixed for the month. During the month, 2.42 mt cargo was exported and 3.49 mt was imported through the port.
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Major ports witness decline in profits
The country's 12 major ports witnessed decline in profit in recent years. The aggregate profit of the 12 major ports declined to Rs 1,790.92 crore in 2011-12 from Rs 1,946.38 crore in 2010-11. The combined net profit of these ports declined further to Rs 1,220.61 crore in 2012-13. These 12 ports also witnessed contraction in cargo volume from 570 mn t in 2010-11 to 560 mn t in 2011-12.
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Capacity of major ports stand at 744 mn tpa
As on March 31, 2013, the aggregate capacity of all major ports in the country stood at 744.91 million tonne per annum (mn tpa). This information was given by the minister of state for shipping Milind Deora in Rajya Sabha. Owing to ban on iron-ore mining and global slowdown, the traffic at major ports declined last year, the minister
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Kattupalli port to give Chennai port a run for its money
The operation of container terminal at Kattupalli port may reduce the traffic of container cargo at the nearby Chennai Port, reports indicate. From next month, Larsen & Toubro Limited (L&T) plans to start operation at its container terminal in Kattupalli port. The terminal may handle up to 400,000 containers per annum and can touch half a million capacity with a single
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Private ports more efficient than major ports
Experts feel that the performance of private ports is more efficient than the 12 major ports, which are owned by the central government. The superior performance of private ports is attributed to their ability to capture the entire value in the chain—right from the time cargo enters a port till it is loa
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Jawaharlal Nehru Port loses place in top 30 list
For a number of years Jawaharlal Nehru Port (JNPT) lost its 30th rank among the world's container handling ports owing to issues like strong competition from ports such as Mundra, Pipava and Hazira and delay in the developing the fourth container terminal. The London-based “Containerisation International” publishes the list of leading 30 container ports. Until now,
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Dawei port project to benefit India
India may get an alternative sea route to Southeast Asia once the Dawei deep sea port in Myanmar, which is being developed jointly by Myanmar and Thailand, is completed. The $8-billion project would reduce dependency on the congested Strait of Malacca and cut transport time for India