Due to coastal shipping becoming economically viable after demonetisation, automajor Hyundai has decided to increase its monthly shipment through this mode. The Korean major has also said that demonetisation has led to ĆĀ“less supply of trucksĆĀ“ and coastal shipping is a ĆĀ“blessing in disguiseĆĀ“ to meet the orders.
Tag: Ennore Port
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Corporatisation of major ports
The Union Government is planning to convert 12 of the 13 major ports into companies to improve efficiency and competitiveness. The ports currently operate as trusts. The shipping ministry has initiated the process for appointing a consultant for corporatisation
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The government has taken several initiatives to enhance port capacity
Janardhana Rao, Managing Director, Indian Ports Association, speaks to Janaki Krishnamoorthi about the reforms underway in major ports.
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MoEF questions new port project in Nellore
The Ministry of Environment and Forests (MoEF) has questioned the rationale behind setting up a new port in Nellore district of Andhra Pradesh when a major port is already located there.
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Ennore Port: On a revival mode
After Tuticorin Port, now it is the turn of Ennore Port to receive a new name and identity. Renamed as Kamarajar Port, the facility is gearing for a major expansion drive with a slew of projects in the pipeline.
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APSEZ highest bidder at Ennore port
The Adani Ports & Special Economic Zone (APSEZ) has emerged as the highest bidder to construct a container terminal at the Ennore Port. The company offered highest revenue for the planned Rs 1,270 crore project, compared to DP World which was the runner. Third company, Singapore Port Authority (SPA) did not participate in the final financial bid. Totally 11 firms have shown interest in the technical bid, however only three firms came to financial bid, according to a port official.
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Ennore port H1 profit jumps 63%
In the first half of the current financial year, Ennore port's financial performance improved thanks to coal, car and foreign exchange fluctuations.
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Ennore port H1 profit jumps 63%
In the first half of the current financial year, Ennore port's financial performance improved thanks to coal, car and foreign exchange fluctuations.
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Japan govt spots Ennore Port as logistic hub
Ennore Port in Tamil Nadu has stated that Japanese government has identified it (Ennore Port) as a logistic hub in Chennai-Bengaluru Industrial Corridor and Japan International Cooperation Agency has begun a study in this regard, say media reports.
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Ennore Port coal berth
By deciding to construct an additional coal berth at a cost of Rs 270 crore, the Ennore Port (EPL) is to take on the competition from the Krishnapatnam and Karaikal ports on the eastern coast of India.