Almost 80 per cent of Colombo’s container traffic represents cargo transhipped from Indian ports. One year after India’s first ICTT was commissioned, transhipment transactions have been almost insignificant. Will the terminal’s second year be any different?
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LIP gets SCR notification
The Logistics Interface Park (LIP), developed by Continental Multimodal Terminals Limited (CMTL), near Hyderabad has been notified as a private freight terminal by South Central Railway (SCR).
There will be visible improvement in port connectivity in 3-4 years
In his interview with Sudheer Vathiyath and Shashidhar Nanjundaiah, K Mohandas, Secretary, Union Ministry of Shipping, highlights some of the initiatives from the government in port connectivity, including ro-ro services, inland waterways on PPP, and more.
Port connectivity: The efficiency linkages
Bankers say ports are one of the best sectors to finance to. With the frenetic growth envisaged in the 2020 Agenda, port connectivity is impatiently awaited as the government works on four-lane roads and rail lines linking the gateways to the hinterland.
Red tape in connectivity setting business back
Developers of ports tell us how port connectivity has boosted business, while users say poor connectivity are limiting their plans.
PSA-ABG consortium wins bid for JNPT terminal
The Board of trustees of the Jawaharlal Nehru Port Trust (JNPT) decided to award the contract for its fourth container terminal to the consortium of Singapore's PSA and the ABG group in India
JNPT terminal expansion plan in troubled waters
The Rs 8,000-crore container terminal expansion plan of the Jawaharlal Nehru Port Trust (JNPT), which is aimed at doubling its capacity, has run into trouble as the port's board raised doubts about the consortium that won the bid to undertake the country's largest terminal project.
Container growth good, infra way behind: Experts
Container traffic in Indian ports has risen from 0.2 per cent in 1981 to 20 per cent in 2010-11. The total container throughput in FY2011 stood at over 9.4 million TEUs, witnessing a growth of 13 per cent over the previous year.
Ennore, JNPT to raise Rs 10 bn tax-free bonds
Ennore Port and Jawaharlal Nehru Port Trust (JNPT) will raise Rs 1,000 crore each through the issue of tax-free bonds by March 2012.
Analysis: Non-major ports hold key to container growth
The overall growth of Indian economy, and exim trade in particular, has driven the demand for more containerised cargo movement.