Mumbai Port Trust (MbPT) and Indian Hotels Company (IHCL) are locked in a legal battle over paying of rent by the latter for the land IHCL occupies in Mumbai. According to media reports, MbPT demands a 'fair rent' from IHCL on the basis of six per cent yearly rent on the market value of the land as per the Ready Reckoner Rate
Tag: Mumbai Port Trust
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Major ports witness decline in staff strength
Major ports like Mumbai Port Trust, VO Chidambaranar Port, Kolkata Port Trust, and Chennai Port Trust witnessed decline in employee strength at a Compounded Annual Growth Rate (CAGR) of 5 percent or above. This was observed in a study titled titled ‘Employment Scenario at Major, Minor and Intermediate Ports in India’ conducted by the Associated Chambers of Commerce and Indu
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Cargo volume at Mumbai Port rises 9%
During Apr-Dec 2012, Mumbai Port Trust handled 44 million tonne cargo compared to 40.2 million tonne in the year-ago period, which is a growth of 9 percent, the port authority said in a statement. Cargo handled during December increased to 5.2 million tonne from 4.6 million tonne for the same month in 2011. During Apr-Dec 2012, the port handled 45,776 Twenty Foot Equivalent Units (TEU) of container cargo, which is sam
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Dredging at JNPT, MbPT
Mumbai and Nhava-Sheva Ship Agents Association (MANSA) said it looks forward to the early completion of the dredging project at the JN Port and Mumbai Port channel.
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Gammon Infra to start MbPT terminal by 2012-end
Gammon Infrastructure Projects (GIPL) hopes to commission its offshore container terminal port project at the Mumbai Port Trust (MbPT) by the end of next year, according to the company.
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MbPT increases capacity
The Mumbai Port Trust (MbPT) is expecting its container traffic to improve as its offshore container terminal (OCT) project gets ready in 2011-12.