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Coastal shipping viable after demonetisation | Hyundai

Coastal shipping viable after demonetisation | Hyundai

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 ´less supply of trucks´ and coastal shipping is a ´blessing in disguise´ to meet the orders.

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Corporatisation of major ports

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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APSEZ highest bidder at Ennore port

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: On a revival mode

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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Japan govt spots Ennore Port as logistic hub

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

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.

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