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Railways’ freight traffic rises 4.12% in 2012-13

Railways’ freight traffic rises 4.12% in 2012-13

During 2012-13, the Indian Railways have carried 1.009 billion tonne of revenue earning freight traffic compared to 969.78 million tonne in the previous year. This represents an increase of 39.95 million tonne or 4.12 per cent over 2011-12. In March 2013, the revenue earning freight traffic carried by Indian Railways was 98.20 million tonne. There is an increase of 4.35 million tonne over the actual freight traffi

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PIL to operate mainline ship from New Mangalore Port

PIL to operate mainline ship from New Mangalore Port

Tamilvanan, Chairman of New Mangalore Port Trust (NMPT) informed that Pacific International Lines (PIL) will operate a mainline ship from New Mangalore to Mombassa in Africa. The service will have calls at Karachi in Pakistan and Jabel Ali in the Gulf region enroute. The mainline ship – mv Kota Anggerik – will carry over 300 boxes, including empty containers to Mombassa in Africa from New Mangalore. The export cargo in the vessel includ

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NMPT conducts trial operation at new berth

NMPT conducts trial operation at new berth

P Tamilvanan, Chairman of the New Mangalore Port Trust (NMPT) informed media persons that the port was conducting trial operation at the new berth for handling petroleum products. The port has already completed civil works on the berth, which can handle ships of 1.25 lakh DWT (dead weight tonnage). (DWT is a measure of how much weight a ship can carry

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Major ports handle 2.58% less cargo in 2012-13

Major ports handle 2.58% less cargo in 2012-13

In 2012-13, the 12 major ports of the country handled a combined 545.68 million tonne (mn t) cargo, which is down 2.58 percent from 560.137 mn t in the previous year. A Janardhana Rao, Managing Director of Indian Ports Association (IPA) said this is the second straight year of contraction in cargo volume. In 2011-12, cargo handling of these ports declined 1.73 percent over the previ

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Gateway’s ICD may start operation soon

Gateway’s ICD may start operation soon

The Inland Container Depot (ICD) of Gateway Distriparks at Faridabad may commence operations in first quarter of 2013-14. This will add volumes to the rail business of the company in future. In addition, the company is expanding its presence in the cold chain business. It plans to increase its pallet capacity in the cold chain business by 40 percent by the end

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Consortium may lend Rs 7 bn to Dighi Port

Consortium may lend Rs 7 bn to Dighi Port

A consortium of banks led by Bank of India would reportedly lend Rs 700 crore for the infrastructure project proposed to be carried out by Vijay Kalantri-promoted Dighi Port. The project, which is estimated to cost Rs 1,000 crore, includes setting up a new berth and road and rail infrastructure at the port. The remaining cost would be met by the promoters, reports indicate

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Container traffic at Chinese ports rises

Container traffic at Chinese ports rises

Container traffic at the ports in northern Hebei of China rose 22.8 percent on a year-on-year basis to 142,000 Twenty Foot Equivalent Unit (TEU) in the first 2 months 2013. The collective cargo throughput increased 10.9 percent to 134.83 million tonne (mn t). While the port of Qinh

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Shipping ministry introduces amendment bill

Shipping ministry introduces amendment bill

Minister of State for Shipping Milind Deora introduced an amendment bill for the Merchant Shipping Act 1958. The government wants to amend the Act to provide for the enforcement of the anti-fouling systems (AFS) Convention 2001. Under the global convention, a list of

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Govt project may upgrade connectivity to ICTT

Govt project may upgrade connectivity to ICTT

Kerala government's plan to construct Azheekode Munambam Bridge and a coastal corridor from Vallarpadam to Kozhikode via Ponnani may benefit International Container Transshipment Terminal (ICTT) at Vallarpadam, reports suggest. The present congestion on National Highway (NH) 17 will be reduced once this corridor becomes a reality. The proposed bridge and the corridor may enable smo

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Pristine Magadh gets land for dry port project in Bihar

Pristine Magadh gets land for dry port project in Bihar

Delhi-based Pristine Magadh Infrastructure received a 24 acre land of Bihta Sugar Mill in Bihar for setting up a logistics cum industrial park, which is expected to be operational by October 2013. The state government leased the land for 60 years with an extension period of 30 years. Neighbouring Uttar Pradesh has dry ports at Dadri, Ghaziabad and Kanp