In order to attract container traffic business from the neighbouring states, Mormugao Port Trust (MPT) plans to offer operational sops to exporters. The port has been trying to diversify its cargo handling ever since the iron ore mining ban in Goa affected export of the mineral and thereby the port's main cargo traffic. The port is willing to offer one-to-one service so that the consignment can be loaded onto the ship till the last minute. There is no cutoff time for loading the con
Tag: container
Post
Post
CPT to promote its facilities for attracting traffic
On July 19, Chennai Port Trust (CPT) has organised a trade show in Hyderabad to showcase various facilities available with the port and how it would be useful to importers and exporters. The port decided to hold the event as it realised that a lot of cargo from CPT goes to Andhra hinterland. Industry watchers warn that CPT must improve its marketing or else traders would slowly move towards newe
Post
Firms respond to RfQ for Rs 80 bn terminal project
Several firms have responded to the request for qualification (RfQ) sought by the Jawaharlal Nehru Port (JNPT) for the Rs 8,000 crore fourth container terminal project. The port authority would soon conduct a pre-bid meeting for the project, after which the number of actual bidders would be known. Among the firms responded to the RfQ are DP World, Dubai, APM Terminals, Adani Group. It may be recall
Post
Mitsui OSK ropes in firm to rescue cargo
Mitsui OSK Lines roped in a salvage company to rescue the cargo and hulls of a 300-metre long container ship MOL Comfort, which broke into two parts mid sea about 530 nautical miles off Goa. The company claimed that there was no large volume of oil leakage owing to the incident. Majority of the cargo is confirmed to be aboard the fore and aft part of he ship. However, some of the containers may be lost or damaged during the incident, reports indicate. All 26 crew
Post
GMB issues alert on container slippage
The Vessel Traffic Management System (VTMS) in Gulf of Kutch issued alerts as about 17 containers slipped from MV Rajeev Gandhi, a vessel container of Shipping Corporation of India (SCI), off Okha West coast on June 27 when the vessel was on the way to Mundra port. Information from Gujarat Maritime Board (GMB) reveals that 16 containers onboard the vessel were empty, while one contains high density polyethylene (HDP
Post
Chennai port may restructure terminal project
According to source-based information, the board of trustees of the Chennai Port decided to restructure the Rs 3,686 crore container terminal project as it failed to attract bidders for the project in the current form. The port planned to invest Rs 561 crore on the project and attract the remaining Rs 3,125 crore investment from private sector. The port trust shortlisted seven bidders for the proposed terminal with a capacity to load 4 million stan
Post
Slew of projects delayed in Kolkata port
Industry observers raise concern about delay in the slew of port projects proposed in the Kolkata port. For the last 10 years, authorities have been proposing to set up cargo handling facilities at Sagar Island closer to sea. Initially, they proposed to set up a deep-sea port on the line of a similar port near Shanghai. The advocates of such a project took some time to reali
Post
Ministry may direct major ports on work site preference
Media reports indicate that the union shipping ministry may ask all major ports to wind up their marketing offices and allow all its senior officers to work from the port premises. Recently, the shipping ministry directed Jawaharlal Nehru Port Trust (JNPT) to close its 7,000-sq feet office on the top floor (31st) of the World Trade Centre (WTC) at Cuffe Parade in South
Post
Court asks Kandla port to repay dues of ABG
A district court at Gandhidham directed Kandla port to take over a container loading facility, which was developed by ABG Infralogistics, only after repaying the debt owed by the latter to a consortium led by Axis Bank. The consortium is yet to recover about Rs 101 crore lent to ABG Infralogistics for developing the project. It may be recalled that earlier Kandla Port signed a 30-year concession agreement with ABG Infralogistics for the proje
Post
Minister proud of performance in 2012-13
Union Minister for Shipping GK Vasan said the achievement of his ministry was outstanding during 2012-13, in terms of awarding capacity augmentation projects at major ports. The ministry awarded 32 projects in 2012-13 which will add a capacity of 137 mn mtpa (million metric tonne per annum) at an estimated investment of Rs 6,765 crore. This is the best performance for any year in the