The initial phase of a container terminal at the Krishnapatnam port is set to begin operation. The terminal is learnt to be able to handle 1.2 million TEUs in the first phase and after completion of the entire project, the terminal may handle 6 million TEUs. The port is said to have spent Rs 1,500 crore on the container terminal, which has five advanced gantry crane
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JNPT revokes cancellation order against DBC
At a recent meeting, the board of trustees of Jawaharlal Nehru (JN) Port decided to continue with the agreement of DBC Port Logistics to operate a container freight station (CFS). The port management was authorized by the board to consider levying a penalty on DBC as a deterrent against potential contractual breaches
Finance Minister’s target said to be unrealistic
Industry watchers feel that the target for project implementation given by Finance Minister P Chidambaram to the shipping ministry for 2012-13 is unrealistic. The finance ministry gave a target of achieving a total investment of Rs 35,000 crore and a capacity addition of 244 million tonne during the year. The shipping ministry has managed to achieve 18 per cent of the targeted inves
Kollam port needs infrastructure to handle cargo
Kollam cargo port urgently requires infrastructure like cranes for handling containers cargoes from vessels. Recently, a multi purpose 1,600 DWT container vessel, MV Karuthal , arrived at the port as part of a trial run calling at various small ports of the state. The captain of the ship Zaw Win Thein said that the port appeared very calm and looked ideal for receiving ships
Container traffic at Chinese ports rises
Container traffic at the ports in northern Hebei of China rose 22.8 percent on a year-on-year basis to 142,000 Twenty Foot Equivalent Unit (TEU) in the first 2 months 2013. The collective cargo throughput increased 10.9 percent to 134.83 million tonne (mn t). While the port of Qinh
Kerala govt to seek nod from union ministry for Vizhinjam project
Kerala government would formally approach the Union Ministry of Forests and Environment to get clearance for the Vizhinjam deepwater seaport and international transhipment container terminal project. The state government would approach the union ministry after a public hearing is held on the project by the Kerala State Pollution Control Board. The board would hold the hearing once it receives two reports - the environmental and social impact asse
Pristine Magadh gets land for dry port project in Bihar
Delhi-based Pristine Magadh Infrastructure received a 24 acre land of Bihta Sugar Mill in Bihar for setting up a logistics cum industrial park, which is expected to be operational by October 2013. The state government leased the land for 60 years with an extension period of 30 years. Neighbouring Uttar Pradesh has dry ports at Dadri, Ghaziabad and Kanp
Vizhinjam Port highlights issues to minister
Officials of the Vizhinjam Port in Kerala highlighted certain issues before the state Ports Minister K Babu, when the latter visited the port. The port does not have a tug to guide ships in and cranes for off-loading large containers from the vessels. The p
Gujarat Ambuja to use NMPT for shipment of its products
Gujarat Ambuja Exports decided to use the New Mangalore Port in Karnataka for shipment of its products to Sudan in Africa. The company decided to use the port for moving its export consignments after the recent visit of Manish Kumar Gupta, Managing Director and Prashanth Pillai, DGM of the company
Consortium agrees to transfer terminal to Kandla Port
A consortium of ABG Infralogistics and PSA International, which operates a container terminal at the Kandla port in Gujarat, agreed to transfer the terminal assets to the port authority, reports indicate. Consequently, a 30-year concession agreement signed between the the port authority and ABG Kandla Container Terminal in June 2006 for developing and oper