Cargo volume handled by Mundra port stood at 24 million tonne (mn t) during April and June and this is more than the 23 mn t handled by Kandla port in the same period. With this, the Adani Ports and Special Economic Zone (APSEZ)-run port became the first private port to overtake the cargo volume of a major port in the coun
Tag: Kandla Port
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India may ask Iran to give right to develop port
Some media reports hint that the Indian government may ask Iranian government to assign it long-term rights of 60 to 90 years to develop and operate Chabahar Port. As an initial step to the phased development of the port, the existing facility can be modernised, and subsequently its capacity can be expanded
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Court asks Kandla port to repay dues of ABG
A district court at Gandhidham directed Kandla port to take over a container loading facility, which was developed by ABG Infralogistics, only after repaying the debt owed by the latter to a consortium led by Axis Bank. The consortium is yet to recover about Rs 101 crore lent to ABG Infralogistics for developing the project. It may be recalled that earlier Kandla Port signed a 30-year concession agreement with ABG Infralogistics for the proje
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Govt wants Kandla, JN ports to invest in Iranian port
Media reports suggest that the union shipping ministry wants Jawaharlal Nehru port (JNPT) to operate a container terminal at Chabahar port in Iran. It may be recalled that the union cabinet cleared a proposal to participate in the development of the Iranian port. Also, during his latest visit to Iran, India's External Affairs Minister Salman Khurshid announced that India woul
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Consortium agrees to transfer terminal to Kandla Port
A consortium of ABG Infralogistics and PSA International, which operates a container terminal at the Kandla port in Gujarat, agreed to transfer the terminal assets to the port authority, reports indicate. Consequently, a 30-year concession agreement signed between the the port authority and ABG Kandla Container Terminal in June 2006 for developing and oper
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Experts suggest ports to spend on dredging
Experts suggest that Indian ports need to increase their draft by spending on dredging activity. As vessels get bigger, to reduce the unit cost of transportation, it becomes important for ports to have deep drafts to enable larger vessels to call on them, experts argue. Some firms like Adani Port and SEZ invested significantly in dredging equipment to maintain the channel depth. Ports under the central government spen
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KPT to hire contractor for repairing service
Kandla Port (KPT), the country's largest port in terms of cargo handling, is in the process of setting up an oil jetty to handle liquid cargo and ship bunkering terminal at old Kandla. The entire project is estimated to cost Rs 233 crore and will be developed on build, operate, transfer (BOT) basis under public private partnership (PPP) mode.
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Kandla Port creates record in loading cargo
Handling agent and ship agent Mystic Shipping facilitated Kandla Port to create a new record by loading 31,000 million tonne (mn t) of millscale in less than 14.15 hours in the vessel mv Beacon SW. The cargo was loaded on to the vessel, which arrived at the Port on February 23. The ship had berthed under 24 hourÂ’s priority group for loading the cargo in bulk. The Customs House Agent (CHA) was Rishad Shipping and Clearing Agency and the stevedoring licence used was that
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Cargo handling at Mundra rises over 20%
The cargo handling at Mundra Port is rising over 20 percent per annum and the port is set to exceed the cargo volume of Kandla Port, reports suggest. Mundra Port, which first began operations as a captive jetty in the Gulf of Kutch in 1994, handled 59 million tonne per annum (mn tpa) of cargo during Apr-Dec
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VPT to raise cargo handling capacity
Visakhapatnam Port is in the process of raising its cargo handling capacity to to 139.67 million tonne (mn t) by 2016-17 and 148.67 mn t by 2019-20 with an investment of nearly Rs 14,000 crore on mechanisation or modernisation. The port currently has a capacity of 66 mn t. It is expected to handle 60 mn t cargo in 2012-13 as against the t