So far in 2012-13, Kandla Port Trust handled 56.29 million tonne (mn t) of import cargo compared with 60.1 mn t in the year-ago period. The port handled total exports of 26.41 mn t so far in 2012-13 compared to 22.09 mn t in the year-ago period. The volume of transshipment cargo was 1.69 lakh tonne, which is, lower than 3.09 lakh tonne in the comparable period of
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Tata Steel MD welcomes budget 2013-14
HM Nerurkar, Managing Director of Tata Steel opined that the Union Budget 2013-14 made an attempt to achieve inclusive growth and a sustainable economy given the global economic scenario. Nerurkar welcomed the thrust given to the infrastructure industry through investment allowance of 15 per cent and various steps for mobilising funds for the gro
Minister justifies export duty on iron ore
Minister of Mines, Dinsha Patel justified the increase in export duty on iron ore saying that such a measure would discourage export of the key raw material and increase domestic availability of the same. Export of iron ore is regulated through fiscal measure by imposition of export duty. Accordingly the central gove
SIMA seeks imposition of duty on scrap import
In its pre-Budget memorandum, the Sponge Iron Manufacturers Association (SIMA) urged government to discourage huge import of steel scrap, which is killing Indian sponge iron industry. The association wants the government raise basic customs duty on steel melting scrap from 0 to 10 per cent in Budget 2013 to discourage its
SIMA seeks imposition of duty on scrap import
In its pre-Budget memorandum, the Sponge Iron Manufacturers Association (SIMA) urged government to discourage huge import of steel scrap, which is killing Indian sponge iron industry. The association wants the government raise basic customs duty on steel melting scrap from 0 to 10 per cent in Budget 2013 to discourage its
Goa govt mulls ban on fresh ore mining
According to an affidavit filed by the Goa government in the Supreme Court, the state government plans to ban completely all fresh excavation of mineral ore. The affidavit, which was filed in response to a public interest litigation (PIL) seeking action against rampant illega
Goa govt mulls ban on fresh ore mining
According to an affidavit filed by the Goa government in the Supreme Court, the state government plans to ban completely all fresh excavation of mineral ore. The affidavit, which was filed in response to a public interest litigation (PIL) seeking action against rampant illega
NMPT witnesses rise in calling of mainline vessels
P Tamilvanan, Chairman of New Mangalore Port Trust (NMPT) remarked that the rise in the increase in the number of mainline container vessels calling at the port was the result of the marketing efforts by the authority. From a humble beginning with one mainline vessel during 2007-08, now it is the 31st mainline vessel calling at the
NMPT witnesses rise in calling of mainline vessels
P Tamilvanan, Chairman of New Mangalore Port Trust (NMPT) remarked that the rise in the increase in the number of mainline container vessels calling at the port was the result of the marketing efforts by the authority. From a humble beginning with one mainline vessel during 2007-08, now it is the 31st mainline vessel calling at the
Aegis Logistics setting up terminal at Pipavav Port
Aegis Logistics is developing the first liquid terminal at Pipavav Port where a new berth for liquid cargo has already been built by the port. Specifically, the port has secured the requisite approvals for setting up a Bulk Liquid and Gas Storage Ter