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Traders’ plea for major port at Ramaiahpatnam

Traders’ plea for major port at Ramaiahpatnam

Traders in Prakasham district of Andhra Pradesh have urged the Prime Minister Manmohan Singh that the Centre should reconsider to build a major port in the state coast at Ramaiahpatnam instead of the already announced Dugarajapatnam in Nellore district in the same state.

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Traders’ plea for major port at Ramaiahpatnam

Traders’ plea for major port at Ramaiahpatnam

Traders in Prakasham district of Andhra Pradesh have urged the Prime Minister Manmohan Singh that the Centre should reconsider to build a major port in the state coast at Ramaiahpatnam instead of the already announced Dugarajapatnam in Nellore district in the same state.

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Plea to shift proposed major port to Ramaiahpatnam

Plea to shift proposed major port to Ramaiahpatnam

Businessmen in Ongole in Andhra Pradesh have urged the Union government to establish the proposed major port at Ramaiahpatnam of Prakasam district instead of Dugarajapatnam in Nellore district. The businessmen claimed that the major port was originally planned at Ramaiahpatnam and appealed to the Centre not to shift it to Durgarajapuram.

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VPT to set up a major port in Nellore district

VPT to set up a major port in Nellore district

With an investment of Rs 9,500 crore, Visakhapatnam Port Trust (VPT) will establish a major port at Duggarajupatnam in Nellore district of Andhra Pradesh. The exact location proposed for the port is at Duggarajupatnam, where four berths would be constructed. The site would be developed as a major port in the East Coast, VPT said in Visakhapatnam.

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Major ports witness decline in profits

Major ports witness decline in profits

The country's 12 major ports witnessed decline in profit in recent years. The aggregate profit of the 12 major ports declined to Rs 1,790.92 crore in 2011-12 from Rs 1,946.38 crore in 2010-11. The combined net profit of these ports declined further to Rs 1,220.61 crore in 2012-13. These 12 ports also witnessed contraction in cargo volume from 570 mn t in 2010-11 to 560 mn t in 2011-12.

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Capacity of major ports stand at 744 mn tpa

Capacity of major ports stand at 744 mn tpa

As on March 31, 2013, the aggregate capacity of all major ports in the country stood at 744.91 million tonne per annum (mn tpa). This information was given by the minister of state for shipping Milind Deora in Rajya Sabha. Owing to ban on iron-ore mining and global slowdown, the traffic at major ports declined last year, the minister

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Private ports more efficient than major ports

Private ports more efficient than major ports

Experts feel that the performance of private ports is more efficient than the 12 major ports, which are owned by the central government. The superior performance of private ports is attributed to their ability to capture the entire value in the chain—right from the time cargo enters a port till it is loa

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Minister clarifies on 2 major port projects

Minister clarifies on 2 major port projects

The government has decided to set up two new major ports – one each at Sagar in West Bengal and the other at Dugarajapatnam in Andhra Pradesh. This information was given by Minister of Shipping GK Vasan in a written reply in the Lok Sabha. In respect of the Sagar Port, RITES has estimated capital cost (including connectivity project) at Rs 7,820 crore. The tentative cost for Dugarajapatnam has been estim

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PPT handles 42% more cargo in Apr-May

PPT handles 42% more cargo in Apr-May

During April-May 2013-14, Paradeep Port Trust (PPT) handled 42.41 per cent more cargo volume at 11.55 million tonne (mn t) from 8.11 mn t handled in the year-ago period. This enabled the port reach the second slot among all major ports in the country in terms of total cargo handled and also traffic growth achieved during the period

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