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Iron ore shipments from Australia up as China buys more

Iron ore shipments from Australia up as China buys more

Cargoes including iron ore shipments from AustraliaÂ’s Port Hedland have increased to China in August. Hedland is worldÂ’s biggest bulk terminal. In August, exports totaled 27.4 million tonne from 26.6 million tonne in July and 22.8 million tonne a year earlier.

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Signature Bridge

Signature Bridge

After being put on the backburner for some time, the Signature Bridge will come up over Yamuna river. Now a Chinese company, Jiangsu Steel Structure, a sub-contractor of Gammon-Construtora- Tensacciai JV, has been given the task of fabricating the 15,000 tonne steel pylon and deck girders.

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India, China to tie-up to cooperate in road sector

India, China to tie-up to cooperate in road sector

For cooperating in their road and transport sector, India and China are set to sign an agreement when Prime Minister Manmohan Singh visits Beijing in next October. Transport ministries of both countries have approved the details of the proposed agreement. Last year, India had reached out to Chinese infrastructure companies to invest in the road sector. Identified areas of cooperation include sharing best practices in road and bridge building technologies, policies, intelligent traffic system bes

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India, China to share practices in road construction

India, China to share practices in road construction

When Indian Prime Minister Manmohan Singh visits China in October next, India and China are set to sign an agreement for cooperation in the road and transport sector. The areas of cooperation have been identified and agreed by both the sides and these include sharing the best practices in road building technology and road safety related issues. China has made huge progress in building world class highways and over 60,000 km of expressways.

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Fall in Vizag port cargo handling in current fiscal

Fall in Vizag port cargo handling in current fiscal

Visakhapatnam port's cargo handling has come down by by 1 million tonne during the current financial year compared to last year. The port Chairman GVL Satya Kumar attributed the dip in the cargo handling to fall in intake of iron ore by China, government restrictions on iron ore mining and slump in transshipment of petroleum products and crude during the year.

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Qingdao, Lianyungang ports to up iron ore cooperation

Qingdao, Lianyungang ports to up iron ore cooperation

In China, Qingdao Port (Group) Company and Lianyungang Port Group Company have got into an agreement to expand their strategic cooperation in iron ore businesses and build iron ore logistics system. Yard capacity at Qingdao port and Lianyuangang port is 15 million tonne and 7 million tonne respectively.

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Needed: Shot in the arm

Needed: Shot in the arm

There was hardly any investment in the mining sector despite the sector was opened up for 100 per cent FDI in February 2000. There is an urgent need to find out ways and means to attract private investment in exploration because government agencies have not been able to find resources