Kandla Port Trust (KPT) plans to set up a container terminal at a cost of Rs 5,992 crore. The terminal, which will come up at Tuna-Tekra in the Gulf-of- Kutch outside Kandla Creek, will be capable of handling container vessels up to 18,000 TEUs.
Tag: Kandla Port Trust
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Kandla Port woos importers and exporters
Gujarat-based Kandla Port Trust said that it was providing the "highest level of service" to its users and urged importers and exporters to continue to patronise it.
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Kandla Port to set up new terminal
Kandla Port Trust in Gujarat has two dedicated container handling berths currently and the port authority plans to set up another container terminal at Tuna-Tekra at a cost of Rs 3,000 crore.
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Investors lose appetite for tax-free infrastructure bonds
Industry players feel that capital market investors and private equity funds have low appetite for investment in infrastructure sector because of inherent risks involved in such ventures. Poor appetite among investors for this sector is evident from the weak response to the bond issues of infrastructure companies. Ennore Port, Dredging Corporation of India and the Jawaharlal Nehru Port Trust (JNPT) received tepid respo
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Kandla Port invests in bonds of Ennore Port
Kandla Port Trust is said to have invested Rs 20 crore in the tax-free bonds issued by Ennore Port, the entity that runs Ennore Port in Tamil Nadu. According to Kandla Port, the ministry of shipping asked it to subscribe to the bond issue of Ennore Port. The direction from the ministry came understandably because of the poor response from investors to the bond
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Kandla port handles 56 mn t import cargo
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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KPT fails to attract EoI for terminal project
Even after extending the deadline for bidding, the Kandla Port Trust (KPT) has not received any response from private players for its proposed development of marine liquid terminal facilities. The port authority plans to engage a private party to set up the facilities consisting of single point mooring (SPM) and two product
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KPT fails to attract EoI for terminal project
Even after extending the deadline for bidding, the Kandla Port Trust (KPT) has not received any response from private players for its proposed development of marine liquid terminal facilities. The port authority plans to engage a private party to set up the facilities consisting of single point mooring (SPM) and two product
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Maheshwari creates record in cargo loading
Kandla Port Trust (KPT) congratulated handling agents Maheshwari Handling Agency and BS Shipping for loading a record 38,000 million tonne (mn t) Kaoline in just 1 day on m.v. Wingsail. The port authority also congratulated ship agent - BS Shipping Private, shippers - Gunjan Minerals & Clays LLP , Buyer - Ras Al Khaimah Company, UAE and Customs Hou
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KPT may take action against ABG-KCTL
Kandla Port Trust (KPT) plans to take action against ABG Kandla Container Terminal (ABG-KCTL) as the former is not satisfied with the cargo handling performance of the latter.Kandla Port alleges that the ABG-KCTL, which has been active in the port since 2005, failed to ensure minimum guaranteed throughput (MGT) for four successive years. Reports suggest that KPT may even terminate the contr