The agreement between Cochin Port Trust and DP World for developing and operating the Vallarpadam International Container Terminal (ICTT) should be reviewed, say speakers at a seminar in Kochi on October 17. The seminar, ‘Salvage Sinking Cochin Port’ was organised by the Cochin Voice, in Kochi.
Tag: DP World
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DP World signs concession agreement with JNPT for gateway terminal
DP World and Jawaharlal Nehru Port Trus (JNPT) held a ceremonial signing of the concession awarded to DP World to construct and operate a new container terminal at the port. DP World received the Letter of Award for the new Nhava Sheva (India) Gateway Terminal project in November last year.
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Incentives to woo Bangalore trade to Kochi
Terminal operator DP World has announced concessions to the traders from Bangalore to attract more rail volumes. The company has come out with an incentive of Rs 1,500 for 20 ft containers
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DP World to invest $200 mn to build JNPT terminal
To build a new container terminal at Jawaharlal Nehru Port in India, DP World will invest about $200m., DP World has said. The world's third largest port operator will build the terminal next to the Nhava Sheva International Container Terminal (NSICT), which DP World currently operates. The new 330-metre berth with 27 hectares of yard will add 800,000 TEUs (twenty foot equivalent container units) of container capacity and help ease congestion at Jawaharlal Nehru Port.
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DP World to sign concession agreement with JNPT
Following the resolution of environment issues, DP World would sign concession agreement with the Jawaharlal Nehru Port (JNPT) for setting up a 800,000 TEU container terminal. The Rs 1,000 crore project was awarded to DP World in October last year after the firm agreed to share 28.09 per cent of the revenue with JNPT
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JNPT, ministry discuss Rs 8 bn project
Union Shipping Ministry and the Jawaharlal Nehru Port Trust (JNPT) are discussing the hurdles in implementing the Rs 800 crore container terminal project at the port. Last year, Dubai Ports World (DP World) was awarded the contract for setting up the terminal which will have a capacity to load 800,000 containers a year. DP World agreed to share 28.09 percent of its annual reve
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Shipping industry oppose various charges at ICTT
Shipping industry sources allege that the charges collected by DP World for its various services offered by it at Vallarpadam ICTT (International Container Transshipment Terminal) may drive away trade from Kochi. DP World, which operates the terminal, is said to be collecting Rs 500 per 20 ft container for the pre-shipment facility, against the earlier Rs 22 per container at th
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DP World offers incentives to woo Blore trade to Kochi
Terminal operator DP World has announced concessions to the traders from Bangalore to attract more rail volumes. The company has come out with an incentive of Rs 1,500 for 20 ft containers and Rs 3,000 for 40 ft containers to all customers using the rail service for Exim-laden containers from Inland Container Depot (ICD), Whitefield, operated by Container Corporation of India.
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JN Port to take steps to kickstart Rs 8 bn project
The board of the Jawaharlal Nehru Port Trust (JNPT) would soon take a decision to break the deadlock on the Rs 800 crore container loading facility project to be developed by DP World. The proposed facility, with a capacity to load 800,000 standard containers a year, is key to JN PortÂ’s expansion plans
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DP World Cochin raises draft at ICTT
The maximum draft of ships calling at the Vallarpadam International Container Transshipment Terminal (ICTT) is raised to 14 meter (about 46 feet) following harbor and channel dredging by DP World Cochin. Dubai-based DP World is operating the Vallarpadam terminal along with Cochin Port Trust (CoPT) in a public-private partnership (PPP) model