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
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Tag: Mumbai Port Trust
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
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
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.
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.
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.