Tariff Authority of Major Ports (TAMP) may seek the service of the Competition Commission of India (CCI) to probe anti-competitive practices of terminal operators or port companies in future. With the shipping ministry set to liberalise tariff regime in the port sector, the possibility of cartelisation and other anti-competitive behaviour
Tag: Logistics
Post
Post
Cargo volume at PPT rises 45% in June quarter
During Apr-Jun 2013 quarter, cargo volume at Paradip Port Trust (PPT) rose 45 per cent to 17 million tonne (mn t) from 11.74 mn t in the year-ago period. In an official statement, the only major port in Odisha said the cargo volume during the quarter exceeded the target set for the period by 5.79 per cent.Among all major ports in the country, the port is ranked at second position in terms of both volume and percentage growth in traffic. In June alone, the throu
Post
Essar Ports to ask clients to pay in dollars
Essar Ports will gradually ask its port users to pay tariff in US dollar instead of rupee. This means, the company would receive tariff in dollars from customers and convert the same into rupees at the prevailing exchange rate. After Gujarat Pipavav shipyards, Essar Ports would be the second port operator to start moving away from rupees while charging tariff, reports
Post
Container traffic witnesses negative growth
According to some industry players, container traffic in the country is witnessing a negative growth. In this backdrop, it is not surprising that the Chennai Port Trust (ChPT) failed to get any response from bidders for its much-delayed Rs 3,686-crore mega box terminal project. Some industry players suggested ChPT to set up a multi-purpose berth-cum-cruise terminal instead of the cont
Post
Panel head suggests major ports to expand capacity
Sitaram Yechury, who headed the Parliamentary Standing Committee on Transport, Tourism and Culture suggested major ports in the country to invest their surplus funds on modernisation and expansion projects. He said major ports must raise capacity to cater to the projected rise in traffic to 1,229.24 million tonne by the end of the 12th five year Plan from the present level of 545.67 million tonne
Post
Two PPP port projects under construction in Kerala
Kerala is constructing two port projects worth over Rs 6,200 crore under the public private partnership (PPP) route. The state government completed one port project worth over Rs 700 crore under PPP and it has been put to service delivery, a study conducted by the Associated Chambers of Commerce and Industry of India (Assocham) show
Post
MPT to offer sops to exporters
In order to attract container traffic business from the neighbouring states, Mormugao Port Trust (MPT) plans to offer operational sops to exporters. The port has been trying to diversify its cargo handling ever since the iron ore mining ban in Goa affected export of the mineral and thereby the port's main cargo traffic. The port is willing to offer one-to-one service so that the consignment can be loaded onto the ship till the last minute. There is no cutoff time for loading the con
Post
Firms respond to RfQ for Rs 80 bn terminal project
Several firms have responded to the request for qualification (RfQ) sought by the Jawaharlal Nehru Port (JNPT) for the Rs 8,000 crore fourth container terminal project. The port authority would soon conduct a pre-bid meeting for the project, after which the number of actual bidders would be known. Among the firms responded to the RfQ are DP World, Dubai, APM Terminals, Adani Group. It may be recall
Post
Panel report makes suggestion to shipping ministry
The Parliamentary Standing Committee on Transport, Tourism and Culture suggested the union shipping ministry to allow the use of harmful paints by only commercial vessels. In its latest report, the panel said the use of harmful paints by any ship, in fact would affect marine environment adversely. Therefore, the report asked the ministry to consider these aspects
Post
Chennai port may restructure terminal project
According to source-based information, the board of trustees of the Chennai Port decided to restructure the Rs 3,686 crore container terminal project as it failed to attract bidders for the project in the current form. The port planned to invest Rs 561 crore on the project and attract the remaining Rs 3,125 crore investment from private sector. The port trust shortlisted seven bidders for the proposed terminal with a capacity to load 4 million stan