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Association suggests port to dredge Hooghly river

Association suggests port to dredge Hooghly river

In a memorandum to the Chairman of the Kolkata Port Trust, the Association of Shipping Interests in Calcutta (ASIC) urged the former to get dredging done in the Hooghly river through a private player. The association asked the port to examine the scope of appointing private dredging majors for better navigability on the Hooghly river. Currently, public sector Dred

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Experts suggest ports to spend on dredging

Experts suggest ports to spend on dredging

Experts suggest that Indian ports need to increase their draft by spending on dredging activity. As vessels get bigger, to reduce the unit cost of transportation, it becomes important for ports to have deep drafts to enable larger vessels to call on them, experts argue. Some firms like Adani Port and SEZ invested significantly in dredging equipment to maintain the channel depth. Ports under the central government spen

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EPL to make Puducherry Port its extended arm

EPL to make Puducherry Port its extended arm

Ennore Port (EPL) is in the process of making the Puducherry Port its extended arm and in this regard, the former would conduct a feasibility study for carrying out various projects at the union territory port. Officials of both the ports are holding discussion in this regard and it is learnt that the talks are still in preliminary stages. EPL plans to commission a feasibility report for dredging, modernizing and constructing berths at Pudu

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Ministry proposes 50% grant for dredging projects

Ministry proposes 50% grant for dredging projects

The union shipping ministry made a proposal to give up to 50 per cent of the capital dredging costs of ports as grants from the centre. Currently, there are no standard norms for budgetary support for dredging to ports. As a result, some ports get budgetary support, while some fund dredging from thei

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Ministry proposes 50% grant for dredging projects

Ministry proposes 50% grant for dredging projects

The union shipping ministry made a proposal to give up to 50 per cent of the capital dredging costs of ports as grants from the centre. Currently, there are no standard norms for budgetary support for dredging to ports. As a result, some ports get budgetary support, while some fund dredging from thei

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Paradip Port awards Rs 210 cr contracts to Mercator

Paradip Port awards Rs 210 cr contracts to Mercator

Odisha-based Paradip Port Trust awarded two contracts worth Rs 210 crore to the diversified conglomerate Mercator Group. In a communication to Bombay Stock Exchange, Mercators said the contracts pertain to maintenance dredging of the approach and extended approach channel

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CoP to dredge River Sal

CoP to dredge River Sal

The panchayat of Cavelossim in Goa allowed the Captain of Ports (CoP) to dredge the mouth of River Sal in order to facilitate movement of boats. CoP said it received a proposal from Cutbona trawler and boat owners to dredge the river mouth for a better navigational channel. This follows the complaint of small boat owners that the ever-increa

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Ministry allows Adani, Essar to bid for terminal project

Ministry allows Adani, Essar to bid for terminal project

Weekly Insight learns from top government sources that Adani Ports and Essar Ports received approval from the union home ministry to participate in the 4,000-crore mega container terminal project in Chennai Port.Chennai Port plans to set up a mega container terminal, with a capacity of 4 million TEU (Twenty foot-equivalent units). The proposed terminal has been envisaged as the large