Improving efficiency, reliability, flexibility and innovation should be the focus of our slow-growth, high-demand logistics systems, writes Vivek Kumar.
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Enabling environment holds the key
Logistics companies are slowly adopting best practices from around the world, helped by the ongoing efforts to modernise and create capacity in transportation and related infrastructure. M Gurunathan projects the growth for logistics in brick-and-mortar terms.
JNPT to award Rs 82 bn terminal project as single contract
Unconfirmed reports indicate that the board of trustees of Jawaharlal Nehru Port Trust (JNPT) decided to award the Rs 8,200-crore fourth container terminal project as a single contract instead of the earlier proposal to split it into two. The board of trustees decided this at a recent meeting. It also decided to issue a tender for the much delayed project in the next few
Mechanisation to raise capacity at Vizag port
The mechanisation of cargo handling facilities in the Visakhapatnam Port Trust (VPT) would increase the cargo handling capacity of the port by additional 50 million tonne per annum, Ajeya Kallam, Chairman of the port informed reporters. The port recently commissioned the Rs 444.1 crore mechanised coal handling facility of Vedanta Resources at VPT. Following this, the outer harbour would be totally clean and prevent vehicular movement which spreads coal parti
Ministry to promote shipping sector
Union Ministry of Shipping plans to promote shipping sector as part of its Maritime Agenda 2010-2020, which is a perspective plan of the ministry for the present decade. The ministry plans to promote the shipping sector through increase in the tonnage, declaration of coastal shipping policy, establishment of a ‘Freight Exchange’, creation of ombudsman or tribunals for shipping matters, amo
CoP mulls transportation of coal
The Captain of Ports (CoP) of the Goa government is exploring possibilities of initiating coal transportation in order to arrest the decline in its revenue. The revenue earning of CoP declined to 12 crore in 2012 from 40 crore in 2011. Major chunk of its revenue came from barges transporting iron ore. Following the ban on iron ore mining in the state, it has been losing revenue from transportation of
Govt must address huge turnaround time of vessels
A study by the industry body Assocham points out that the government must address the issue of the huge turnaround time at ports in India. The huge turnaround time is cited as one of the biggest handicaps logistics service providers have to deal with, the study finds. It also highlights that the development of port infrastructure in India is not on par with other ports across the
Ministry wants to expedite Rs 90 bn terminal project
Union shipping ministry wants to expedite the award of the Rs 9,000 crore fourth container terminal project at Jawaharlal Nehru Port Trust (JNPT) in Mumbai. The project has been delayed by more than three years after a consortium of Port of Singapore and ABG Ports exited the contract. The consortium had outbid others then by offering to share more than 50 percent of th
GPL to begin full-fledged operation soon
Gopalpur Port (GPL) would begin full-fledged operation within a month after rectification of defects, if any, following the test run, a top official of the port said. Since 2010, the port operation had been stopped for its upgradation to an all weather port. Before 2010, the port, located at Arjeepalli was functioning as a seasonal port
Bidders submit high quotes for Haldia port contract
Kolkata Port Trust (KoPT) intends to examine why
interested bidders are offering higher quotes for the mechanised cargo handling at Haldia port. Speaking to media persons, Manish Jain, Deputy Chairman, Haldia Port, KoPT, said the port authorities must examine why no interested bidders could match the tariffs charged by ABG-LDA run previous contractor Haldia Bulk Terminals (HBT

