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Ports in east coast have tremendous potential

Ports in east coast have tremendous potential

Ports in the eastern coast of India hold tremendous potential for growth in cargo traffic owing to the development of new projects in the neighbouring areas, reports suggest.Some reports indicate that the ports in east coast are expected to handle coking coal and non-coking coal imports as several major power plants are coming up in Chhattisgarh and Jharkhand

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Competition may deepen in port sector

Competition may deepen in port sector

Industry experts feel that the extent of competition in the port sector in India may deepen and broaden further on completion of the ongoing port projects. Major ports in India are facing very keen competition from the neighbouring non-major ports, both in respect of quality of services and in price, they argue

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CoP mulls transportation of coal

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

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Proposed port project in AP faces road block

Proposed port project in AP faces road block

Media reports indicate that the proposed major port project at Dugarajapatnam of Vakadu mandal in Andhra Pradesh may not take off because of complications in the identified site. A technical committee that studied the project objected the Dugarajapatnam location keeping in view the reservations expressed by the Isro scientists as well ecologists as it was close to the Pulicat Lake, a reserved bi

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Proposed port in AP to boost cargo volume from east coast

Proposed port in AP to boost cargo volume from east coast

Industry chambers feel that the proposed Rs 8,000 crore major port in at Dugarajapatnam in Vakadu 'mandal' or block of Andhra Pradesh may boost export and import from the east coast and contribute to the economic progress of the state. It may be noted that the Cabinet Committee on Economic Affairs recently cleared the proposed port project, which is coming up on a 5,000 acre land in the stat

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CCEA clears two major port projects

CCEA clears two major port projects

The Cabinet Committee on Economic Affairs (CCEA) approved the setting up of two major ports, one each in West Bengal and Andhra Pradesh. The ports would be set up in at Sagar Island, West Bengal and at Dugarajapatnam in Andhra Pradesh on Public Private Partnership (PPP) mode. According to a government press release, the existing port facilities at Kolkata and Haldia are riverine ports and are f

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Govt failed to attain capacity target in 11th plan

Govt failed to attain capacity target in 11th plan

Union Shipping Minister GK Vasan informed that the estimated capacity expansion for the 12 major ports by the end of the 11th Five Year Plan (2007-12) was 1001.80 million tonne (mn t) per annum according to the 11th Plan working group report for port industry. India at present has 12 Major ports Mumbai, Jawaharlal Nehru Port, Kandla, Kolkata-Haldia, Paradip, Visakhapatnam, Ennore, Chennai, VO Chidambaranar (formerly Tuticorin), Cochin, New Mangalore and Mor

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CCEA may clear Andhra, West Bengal port projects

CCEA may clear Andhra, West Bengal port projects

The cabinet committee on economic affairs (CCEA) is likely to clear the two major port projects in Andhra Pradesh's Ramayapatanam and West Bengal's Sagar. The two projects are part of the centre's plan to award as many as 30 ports worth Rs 24,600 crore during the current year and enhance the cargo handling capacity by 288.48 million tonne

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Govt takes steps to boost cargo volume

Govt takes steps to boost cargo volume

Union Minister for Shipping GK Vasan informed the Rajya Sabha that the government took some steps to boost cargo handling in major ports. These include construction of new berths and terminals to enhance port capacity to minimise pre-berthing detention time and reduce turnaround time of vessels calling on the

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Govt takes steps to boost cargo volume

Govt takes steps to boost cargo volume

Union Minister for Shipping GK Vasan informed the Rajya Sabha that the government took some steps to boost cargo handling in major ports. These include construction of new berths and terminals to enhance port capacity to minimise pre-berthing detention time and reduce turnaround time of vessels calling on the