India´s largest container port, Jawaharlal Nehru Port, will be spending nearly Rs500 crore in the next two-three years to beef up evacuation of cargo and further increase connectivity with the hinterland.
Tag: Jawaharlal Nehru Port
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DMICDC´s Logistic Data Services (LDS) launched at JNPT
Mumbai Real-time cargo movement information designed to reduce transportation costs for Indian industry has become a reality with Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) successfully launching the Logistic Data Services (LDS) project in Mumbai.
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Bonds credit-enhanced by IIFCL
Government-owned infrastructure financier, The India Infrastructure Finance Company Limited (IIFCL) announced the issuance of India´s first infrastructure bond, credit-enhanced by it.
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´Dedicated Freight Corridor´ project to be over by 2019
Railways has assured the industry that the Rs 81,459 cr worth ´Dedicated Freight Corridor´ (DFC) project, will be completed by 2019.
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MMB, JNPT plan port at Wadhwan
The Maharashtra government has decided to revive the development of an all-weather port at Wadhwan.
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Ban on ZPMC cranes to affect Indian ports
The government decision to deny security clearance to the world´s biggest port crane maker, China´s state-owned Shanghai Zhenhua Heavy Industries Co (ZPMC), to supply cargo handling equipment to Major Ports will have serious implications for the country´s port industry, according to industry executives.
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FDI Ultimate Game Changer
Though investment in infrastructure is expected to touch $1,025 billion in the Twelfth Five-Year Plan (2012-17), many hurdles are choking investment inflows despite the government´s overdrive to attract funds. The government´s recent decision to open up the railway sector to Foreign Direct Investment (FDI)
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Cargo traffic at major ports up
Cargo traffic at 12 major ports recorded a marginal rise of 1.78 per cent at 555.5 million tonne (mt) during 2013-14. The cargo handled by these ports stood at 545.79 mt in 2012-13.
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Foundation stone for DP Worlds new terminal at JNPT
A major milestone in the development of the new DP World terminal at Jawaharlal Nehru Port was achieved with the ceremonial laying of the foundation stone by the Minister of Shipping GK Vasan.
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Chennai port fixes rates for container facility
The Union government owned Chennai port has fixed rates for a new container loading facility it is building with private funds on par with the rates fixed for a container terminal at Jawaharlal Nehru port, also State-owned, near Mumbai.