Krishnapatnam Port located in the east coast of India has been adjudged the winner in the category of Port Operator Award at the Lloyd's List Awards, Global 2011, which was held recently in London.
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PSA consortium highest bidder at JNPT
A consortium led by PSA International, the world's second biggest container port operator, has emerged the highest bidder to build India's largest container terminal yet, by capacity and cost, at the Jawaharlal Nehru Port (JNPT).
Deep draft at ICTT soon
A final draft of 14.5 m is expected to be achieved at Kochi port in the next three months.
Deep draft at ICTT soon
A final draft of 14.5 m is expected to be achieved at Kochi port in the next three months.
The aim is to both have and avoid transhipment
As container handling operations begin at the Vallarpadam terminal around noon on 18 February, G Krishnakumar, Deputy Chairman, Cochin Port Trust, pauses his interview with Shashidhar Nanjundaiah, and looks out the expansive windows of his office—overlooking the CPT-owned terminal—for the understated but historic moment.
Expertspeak: Yet privatisation has been successful
With ICTT, by bringing mainline vessel calls to Cochin, shippers—especially in south India who earlier had to tranship their cargo over to Colombo and other regional hubs—will now save on the additional feedering cost at the hub port.
Ministry proposes SPV on the lines of DP World, PSA
The shipping ministry has proposed to set up a new special purpose vehicle–Indian Ports Global–that would invest in ports abroad and become a global power in the port sector, worldwide.