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
Tag: DP World
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DP World takes efforts to attract shipping lines
In the last few years, container terminal operator DP World has been taking efforts to attract foreign and domestic shipping lines to Vallarpadam International Container Transhipment Terminal (ICTT). DP World is attracting shipping lines by informing them about the productivity and performance of the term
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DP World’s business recast may facilitate fund raising
Some analysts and industry watchers feel that DP World has restructured its India operations in order to facilitate fund raising in the country, if required in future. Some analysts feel that the restructuring exercise is intended to raise the companyÂ’s valuation with an eye to tap the local capital market for funds
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Cost of proposed berth project set to escalate
Reports suggest that the cost of the proposed 330-metre container terminal berth project at Jawaharlal Nehru Port may exceed the original estimate of Rs 600 crore by Rs 300 crore. The berth will have the capacity to handle eight lakh Twenty Foot Equivalent Unit (TEU) per annum, which could be augmented to one million TEU, with better equipment and
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JNPT finalises fresh tender for terminal project
Luxman Radhakrishnan, Chairman of Jawaharlal Nehru Port Trust (JNPT) informed that the port was finalising a fresh tender for the proposed 4.8 million tonne a yea
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DP World secures Rs 6 bn terminal project
DP World, which was the lone bidder for the Rs 600 crore container terminal project in Jawaharlal Nehru Port Trust, received the contract from the port
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TAMPs move causes loss to operators
Reports say that the recent move by the Tariff Authority on Major Ports (TAMP) to reduce tariff charged by private container terminal operators at JNPT has caused losses to them.
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TAMPs move causes loss to operators
Reports say that the recent move by the Tariff Authority on Major Ports (TAMP) to reduce tariff charged by private container terminal operators at JNPT has caused losses to them.
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MICT handles largest ship to call Indian port
The Mundra International Container Terminal (MICT) operated by DP World, witnessed the berthing of the largest ever container vessel to call any port in India.
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Red tape in connectivity setting business back
Developers of ports tell us how port connectivity has boosted business, while users say poor connectivity are limiting their plans.