Experts and industry watchers feel that the government must revamp the tariff structure governing major ports in the country and make them market-driven rather than being regulated by Tariff Authority for Major Ports (TAMP). Industry players and experts suggest the government to reform the tariff regime in the port sect
Tag: Logistics
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APM Terminals Pipavav upgrades container infrastructure
In a move that raises the operational capacity of APM Terminals Pipavav, the port authority upgraded its infrastructure with the ability to carry Double Stack High Cube Containers. The double stack container trains commenced recently and this made APM Terminals Pipavav one of the
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Great Eastern to buy gas carrier
Great Eastern (GE) Shipping, which has a fleet size of 28 ships comprising 20 tankers and 8 dry bulk carriers, decided to buy a very large gas carrier of about 49,300 dry weight tonnage (73,800 cbm). The gas carrier, once bought, would become the 29th ship of the firm. GE Shipping Company entered into a cont
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Mundra port handles more cargo than Kandla
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
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Industry wants govt to focus on issues in port sector
Industry players suggested the government to pay renewed attention to the issues facing port sector in India. Some of the issues facing the sector are lack of clarity on land acquisition policy in an around port area, implementation delays in public private partnership (PPP) projects and faulty tariff structure governing major port
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Industry wants govt to focus on issues in port sector
Industry players suggested the government to pay renewed attention to the issues facing port sector in India. Some of the issues facing the sector are lack of clarity on land acquisition policy in an around port area, implementation delays in public private partnership (PPP) projects and faulty tariff structure governing major port
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Net profit of Essar Ports rises 48% in June quarter
Net profit of Essar Ports rose 48 percent to Rs 101.4 crore during April-June 2013 from Rs 68.5 crore in the year-ago period. The port announced 22 per cent growth in revenue at Rs 403.7 crore during the quarter under consideration from Rs 330.3 crore in the corresponding period last year. Cargo volume of the firm rose to 14 million tonne during the quarter from 12.65 million tonne in the year-ago
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GMB plans to add 46 mn t capacity in FY14
Gujarat Maritime Board (GMB) plans to add 46 million tonne (mn t) of capacity at the non-major ports in the state during 2013-14. Once this is achieved, the total cargo handling in non-major ports of the state would rise to 412 Million Tonne Per Annum (mn tpa), reports
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CPT loses cargo volume due to exit of HBT
RPS Kahlon, Chairman of Calcutta Port Trust remarked that the exit of Haldia Bulk Terminal (HBT) is one of the reasons for the port losing out on 3-4 million-tonne of cargo in 2012-13. HBT, which is a mechanised cargo handler working in berth number 2 & 8 in Haldia Dock Complex (HDC), exited the contract with the port prematurely in November 2012
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DCI plans to spend Rs 19 bn in 5 yrs
In the 12th five year plan (2012-17), Dredging Corporation of India (DCI) has planned a capital expenditure of about Rs 1,972 crore. This includes placing order for two more 9,000 cubic metre capacity dredgers. In the next four to five years, the state-run firm expects to procure these dredgers which may facilitate the company to handle up to 80 per cent of the annual maintenance dredging works of Indian ports. The balance wou