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Rail freight earnings up 7.75 Percentage

Rail freight earnings up 7.75 Percentage

Indian Railways posted 7.75 per cent rise in freight revenue in the first five months of 2013-14 compared to last year. The Railways generated Rs 36,465.59 crore in freight revenue between 1 April and 31 August compared with Rs 33,841.63 crore in the same period last year

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Nod to lease out land for projects at major ports

Nod to lease out land for projects at major ports

The Union Cabinet has approved a proposal to license land to developers of projects at four major ports under public-private partnership (PPP) mode to strengthen the ports' capacity. It cleared one project on lease basis for setting up a cement bagging plant at Cochin Port.

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Mumbai Port dredging

Mumbai Port dredging

Dredging work is expected to start in Mumbai port in mid-October. The Mumbai Port Authority has awarded the dredging contract to Van Oord Dredging and Marine Contractors for maintenance of dredging of port berths

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NMPT to build berth, buy cranes

NMPT to build berth, buy cranes

To strengthen it infrastructure, New Mangalore Port Trust (NMPT) has taken two major decisions: Finalisation of bids for constructing the berth No 18, and procuring two mobile harbour cranes.