The world population depends heavily on dredging solutions for global trade, coastal defence, urban development, energy supplies, and leisure or tourism. Dredging is an indicator of the development of the coastal states and such sustained development is essential for the social and economic development of the country.
Tag: Dredging Corporation of India
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DCI to dredge at Vizag port
Cargo handling is likely to go up significantly at Visakhapatnam port with the authorities deciding to issue work order to Dredging Corporation of India (DCI) for dredging in the northern arm.
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DCIs Dubai proposal evokes less interest
Dredging Corporation of IndiaĆĀ“s (DCI) proposal to deploy its fleet in Dubai has not evoked much interest within the Union Shipping Ministry. The DCI has been advised to concentrate on dredging within India before venturing into foreign countries.
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Dredging Corporation announces 20% dividend
A 20 per cent dividend has been declared by the Dredging Corporation of India (DCI) for 2012-13. The DCI registered 31 per cent growth in its operational income, which rose from Rs 485 crore to Rs 635 crore, DCI said in a press release.
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Govt plans various projects in port sector during 12th plan
The capacity of all Major Ports as on March 31, 2013 was 744.91 million metric tonne (mn t) against the traffic of 545.79 mn t handled in 2012-13. This information was given by the Minister of Shipping GK Vasan in a written reply in the Lok Sabha. The capacity utilization is around 72 percent. As per the internationally accepted norms the gap between the Traff
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DCI plans to spend Rs 19 bn
In the 12th Five Year Plan (2012-17), Dredging Corporation of India (DCI) has planned a capital expenditure of about Rs 1,972 crore. This includes placing order for two more 9,000 cu m capacity dredgers.
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DCI plans to spend Rs 19 bn in 5 yrs
In the 12th five year plan (2012-17), Dredging Corporation of India (DCI) has planned a capital expenditure of about Rs 1,972 crore. This includes placing order for two more 9,000 cubic metre capacity dredgers. In the next four to five years, the state-run firm expects to procure these dredgers which may facilitate the company to handle up to 80 per cent of the annual maintenance dredging works of Indian ports. The balance wou
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Ministry may ask major ports to fund DCI
Shipping Minister GK Vasan informed media persons about his ministry's plan to ask profit-making major ports to provide capital to Dredging Corporation of India (DCI) for buying dredgers. The ministry may direct some of the ports to part-finance the purchase of two dredgers. This will be first time that the major ports will fund dredger proc
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DCI to deploy dredgers to Ennore port
The Dredging Corporation of India (DCI) was scheduled to commission the second of its three 5,500 cubic metre Trailer Suction Hopper Dredgers (TSHDs) at Chennai port on July 26. The dredger will then be deployed for projects at Ennore port, DCI Chairman-cum-Managing Director DK Mohanty said on July 5. The first dredger is already at Ennore and now the two 5,500 cubic metre TSHDs will be in operation at port to complete the dredging by the end of October.
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Dredging gains importance in Indian ports
Dredging has gained importance in several ports across the country. Lack of sufficient draft hampers larger vessels from docking on the port and so this calls for capital and maintenance dredging. While most Indian ports have a draft of less than 12 meter, vessels like VLCCs (Very Large Crude Carriers) and capsize vessels require a draught of 14 meter and cannot dock on ports which donĆāt have sufficient depth. As the trade shifts to mod