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Opportunities on the horizon

Opportunities on the horizon

India plans to more than double its port capacity to 3,200 million tonne at an investment of Rs 2.87 trillion by 2020, drivin the demand for more port handling equipment. Sudheer Vathiyath trains through the prevailing trends in port equipment market.

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GMB mulls maritime cluster to boost port infrastructure

GMB mulls maritime cluster to boost port infrastructure

AK Rakesh, Vice-Chairman and Chief Executive of Gujarat Maritime Board (GMB) informed that the organisation would develop a maritime cluster on the lines of such centres in Singapore and Dubai. The regulator for all non-major ports and shipping activities in the state also plans to develop two port cities. The maritime cluster approach, an important component of government policy in the US, the UK, Sing

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Enabling environment holds the key

Enabling environment holds the key

Logistics companies are slowly adopting best practices from around the world, helped by the ongoing efforts to modernise and create capacity in transportation and related infrastructure. M Gurunathan projects the growth for logistics in brick-and-mortar terms.

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Govt to create 280 mn t cargo handling capacity in FY14

Govt to create 280 mn t cargo handling capacity in FY14

Union Shipping Ministry plans to create cargo handling capacity of 280 million tonne (mn t) at major ports in the country mainly through the public-private-partnership (PPP) mode during 2013-14. In 2012-13, the port awarded 32 port projects with a predictable investment of Rs 6,700 crore. Speaking at the 50th National Maritime Day celebrations, Union Shipping Minis

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Govt to create 280 mn t cargo handling capacity in FY14

Govt to create 280 mn t cargo handling capacity in FY14

Union Shipping Ministry plans to create cargo handling capacity of 280 million tonne (mn t) at major ports in the country mainly through the public-private-partnership (PPP) mode during 2013-14. In 2012-13, the port awarded 32 port projects with a predictable investment of Rs 6,700 crore. Speaking at the 50th National Maritime Day celebrations, Union Shipping Minis

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Maritime states oppose proposed regulator

Maritime states oppose proposed regulator

Maritime states in the country are opposing the proposal of the union Ministry of Shipping (MoS) to set up a Port Regulatory Authority under the Ports Regulatory Authority Bill. Following this, the ministry is rethinking the proposal for establishing such a regulator, reports suggest.The prop

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Japan to invest in road, maritime sectors

Japan to invest in road, maritime sectors

After investing in the railways and metro rail transportation in India, Japan is looking to step up its investments in roads and maritime sectors. A Japanese delegation led by Takeshi Maeda, Japanese Minister for Land, Infrastructure,

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New regulator for ports

New regulator for ports

The Shipping Ministry was mulling to do away with the Tariff Authority for Major Ports and bringing in a new regulator which will enable ports in India to fix their own market based tariffs for higher returns.

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