There are several state-run ports mushrooming across the entire coast line, but do we need a port at every 100 km of coastline? Probably not, the key is to build port capacity where it is needed the most,
Tag: Ministry of Shipping
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Maritime states oppose proposed Port Regulatory Authority
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 proposed regulatory authority would encompass all ports in the country.
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Are our Port Trusts relevant?
Private sector participation in development and operations of ports has increased considerably over the last few years resulting in a radical change in the organisational model of ports. The change has permeated to some extent into the Indian ports sector in the last decade. But not so when it comes to ports managed by the Port Trust system, writes Janaki Krishnamoorthi. The Government of India which administers the major ports has realised the port restructuring is essential to attract large
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Platform for new business avenues
Ministry of Shipping, Government of India, and Federation of Indian Chambers of Commerce and Industry (FICCI) has jointly taken initiative to organise India Maritime 2012
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TAMPering with expectations
Three major container terminal operators in India have been hit by tariff reductions thereby reducing their revenue earning capability and positioning them to be loss-making units,
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Rs 1.5 tn facelift for ports
The Ministry of Shipping has drawn out an investment plan of Rs 155,455 crore for modernisation and expansion of ports during the 12th Five Year Plan.
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Single Ports Act on the anvil
The Ministry of Shipping has prepared a draft of a proposed new Ports Act amalgamating the existing two statutes governing the sector into a single piece of legislation and may soon send the proposal to Cabinet for approval.
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Ennore, JNPT to raise Rs 10 bn tax-free bonds
Ennore Port and Jawaharlal Nehru Port Trust (JNPT) will raise Rs 1,000 crore each through the issue of tax-free bonds by March 2012.
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Single Ports Act on the anvil
The Ministry of Shipping has prepared a draft of a proposed new Ports Act amalgamating the existing two statutes governing the sector into a single piece of legislation and may soon send the proposal to Cabinet for approval.
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Analysis: No minor task, this
Indian Maritime Agenda 2020 estimates investments at about Rs 274,500 crore. The major challenge would be to create the shelf of projects to attract this level of investment, writes Vikash Sharda.