Experts and industry watchers feel that the government must revamp the tariff structure governing major ports in the country and make them market-driven rather than being regulated by Tariff Authority for Major Ports (TAMP). Industry players and experts suggest the government to reform the tariff regime in the port sect
Tag: Cargo
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APM Terminals Pipavav upgrades container infrastructure
In a move that raises the operational capacity of APM Terminals Pipavav, the port authority upgraded its infrastructure with the ability to carry Double Stack High Cube Containers. The double stack container trains commenced recently and this made APM Terminals Pipavav one of the
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Mundra port handles more cargo than Kandla
Cargo volume handled by Mundra port stood at 24 million tonne (mn t) during April and June and this is more than the 23 mn t handled by Kandla port in the same period. With this, the Adani Ports and Special Economic Zone (APSEZ)-run port became the first private port to overtake the cargo volume of a major port in the coun
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Industry wants govt to focus on issues in port sector
Industry players suggested the government to pay renewed attention to the issues facing port sector in India. Some of the issues facing the sector are lack of clarity on land acquisition policy in an around port area, implementation delays in public private partnership (PPP) projects and faulty tariff structure governing major port
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Industry wants govt to focus on issues in port sector
Industry players suggested the government to pay renewed attention to the issues facing port sector in India. Some of the issues facing the sector are lack of clarity on land acquisition policy in an around port area, implementation delays in public private partnership (PPP) projects and faulty tariff structure governing major port
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Ennore Port gives concession to Nissan for cargo export
Ennore Port agreed to handle automobile exports cargo of Japanese auto major Nissan Motor India at a concessional rate for a period of 10 years. According to an agreement signed by both the parties, the port gave Nissan concessions in the wharfage up to 60,000 units per annum at the rate of 0.36 percent per unit
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Net profit of Essar Ports rises 48% in June quarter
Net profit of Essar Ports rose 48 percent to Rs 101.4 crore during April-June 2013 from Rs 68.5 crore in the year-ago period. The port announced 22 per cent growth in revenue at Rs 403.7 crore during the quarter under consideration from Rs 330.3 crore in the corresponding period last year. Cargo volume of the firm rose to 14 million tonne during the quarter from 12.65 million tonne in the year-ago
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CPT loses cargo volume due to exit of HBT
RPS Kahlon, Chairman of Calcutta Port Trust remarked that the exit of Haldia Bulk Terminal (HBT) is one of the reasons for the port losing out on 3-4 million-tonne of cargo in 2012-13. HBT, which is a mechanised cargo handler working in berth number 2 & 8 in Haldia Dock Complex (HDC), exited the contract with the port prematurely in November 2012
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ICRA report points to decline in mkt share of major ports
A report by ratings agency ICRA shows the market share of non-major ports rose to 42 per cent in 2012-13 from 39 percent in the previous year because of their efficient operation. Thus, in 2012-13, market share of major ports declined to 58 per cent of the total throughput, compared to 61
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Lankan port transshipment comprises 62% of Indian cargo
Sri Lanka Ports Authority (SLPA) has stated that cargo to and from India accounts for 62 per cent of Colombo portÂ’s transshipment business. SLPA's Chairman Priyath Bandu Wickrama said that at present, Colombo is handling 16 per cent of IndiaÂ’s transshipment of 10 million TEU, but it hopes to increase it to 23 per cent, given the portÂ’s expansion plans. The new port coming up on the southern side of the existing harbour will increase ColomboÂ’s capacity by 40 per cent.