Recently, Union Shipping Minister GK Vasan released a pre-feasibility report titled ‘Logistics Collaboration between Ennore and Chennai ports’, prepared by the Confederation of Indian Industries (CII). The report calls for setting up a ‘marine highway’ to ferry containers by barges between Chennai and Ennore ports. The highway is intended to decongest the road highw
Tag: Logistics
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First foreign container vessel arrives at Beypore
The arrival of the first foreign container vessel at Beypore port bolstered the confidence of cargo dealers and stakeholders, said Abraham V Kuriakose, port officer. A container vessel, MV Karuthal of Trans Asia, with 1,600 metric tonne capacity arrived at the port recently on its way to Kochi from Jebel
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TSMC buys stake in Howse deposit in Canada
Tata Steel Minerals Canada (TSMC), a subsidiary of Tata Steel, bought half the interest in Labrador Iron MinesÂ’ (LIM) Howse deposit for Canadian dollars 30 million (Rs 160 crore). In the areas of logistics and potential offtake arrangements, TSMC and LIM have entered into multi-part co-operation agreements as they operate adjacent iron ore projects spread over the Provinces of Newf
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Hanjin Shipping India launches new service from Mundra
As part of its strategy to expand service offering to Indian traders, shipping firm Hanjin India decided to launch an additional service, jointly with Simatech and Evergreen, from Mundra Port to East Africa. The new service, which is intended to offer Indian customers a reliable, direct sailing to East Africa, will operate four 1,800 Twenty Foot Equivalent Unit (TEU) vess
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India to boost coastal shipping with Bangladesh
The feasibility and potential of Coastal Shipping between India and Bangladesh was discussed In the Shipping Secretary-level talks held on 2nd – 3rd July, 2012 in Dhaka, Bangladesh. Subsequently, it was also discussed in the Directors General (Shipping) level talks held on 26th September, 2012 at Visakhapatnam, India and on 14-15 January, 2013 at Cox’s Bazar, Banglad
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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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BTL’s new service caters to agro-industry in TN
The fortnightly service launched by Bengal Tiger Line (BTL) caters to the agro-industrial heartland of central Tamil Nadu, Karaikal and Puducherry in India. BTL recently launched a container feeder service between Marg Karaikal Port in India and Colombo, Sri Lanka. It is a fortnightly call, every other Friday, and will later bec
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Ennore Port expects 14% rise in cargo volume
According to an official press release, cargo volume at Ennore Port may rise 14 per cent to an all-time record of 17 million tonne (mn t) in 2012-13 from 14.96 mn t in the previous financial year. The cargo volume handled by the port surpassed the target of 16 mn t fixed by the centre for the financial year 2012-13 on February 28. The target for the entire financial year was achieved one month prior to the close of the financial year
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Govt completes only 82 projects under NMDP
Till December 2012, only 82 of the 276 projects for increasing capacity and modernisation at 12 major ports were completed under the National Maritime Development Programme, official data shows. While the government abandoned some projects under the programme, a large number of the total projects have been delayed. Besides, scores of them are still at the planning stage
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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