Cargo traffic rose by 5.04 per cent to 433.86 mt at 12 major ports during April-December 2014 as compared to the same period of previous year. These Centre-run ports had handled 413.06 mt of cargo during April-December 2013.
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Gujarat Pipavav Port Q4CY14 Net Profit up 16%
Gujarat Pipavav Port Ltd (APM Terminals Pipavav), operating one of western India´s fastest growing gateway ports, has reported a 16 per cent jump in net profit for the fourth quarter ended 31st December 2014,
Neighbours´ envy, India´s pride?
Vallarpadam in Cochin run by Dubai´s DP World Ltd is slated to have a companion in Vizhinjam near Thiruvananthapuram as the new transshipment facility.
Gaining Lost Ground
With a stable, reform-friendly government in place, the Indian infrastructure growth story is looking for the right implementation strategy and on-ground action. Here are the key current infrastructure trends and the outlook for 2015.
Need for speedy reforms
A holistic development model is required to push the sluggish growth in the ports sector. Looking at the bigger picture, from coal for power & steel plants to crude oil for refineries, ports provide a gateway for the majority of Indian trade.
´Deepen draught to 18 m´
In order to allow bigger ships to dock, the Union Government has asked the major ports to deepen their draughts to 18 m. Jawaharlal Nehru Port Trust (JNPT)
Kandla is Major Port of the Year
Kandla Port Trust (KPT) was a prominent winner at the prestigious Maritime and Logistics Awards (MALA) 2014, organised by Exim India in Mumbai recently.
Kandla is Major Port of the Year
Kandla Port Trust (KPT) was a prominent winner at the prestigious Maritime and Logistics Awards (MALA) 2014, organised by Exim India in Mumbai recently.
JNPT: Port-focused to port-led development
A port-based multi-product Special Economic Zone (SEZ) at the Jawaharlal Nehru Port Trust (JNPT) will be a win-win situation for exim traders. This industrial infrastructure project will be established on 277 hectares
Cargo ports to come up
To reduce dependence on roads for cargo movement and to reduce the costs, JNPT will be setting up satellite ports at Wardha, Aurangabad and Surat, according to Union Shipping Minister Nitin Gadkari.