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Antwerp Port to help develop AP ports

Antwerp Port to help develop AP ports

Belgium´s Antwerp Port Authority, which operates the largest port in Europe after Rotterdam, has offered its expertise to explore trade through ports in the east coast of India to Europe and assist in the development of greenfield ports in Andhra Pradesh.

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Essar bulk terminal to hike capacity by 20 MT

Essar bulk terminal to hike capacity by 20 MT

The Essar bulk terminal at Hazira is all set to expand from the current 30 mtpa to 50 mtpa, up by 67 per cent, by this year end. Company officials say that the terminalÂ’s current 550 metre berth will be expanded by a further 1,100 metre. Post completion, the port will have capability of simultaneously handling seven vessels at any point of time.

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Shipping Ministry to invest Rs.14,225 cr on port projects

Shipping Ministry to invest Rs.14,225 cr on port projects

In order to bring the Major Ports in India at par with its contemporaries across the world, Ministry of Shipping has been emphasising on creation of additional capacities through development and construction of new berths/terminals, revamp of existing berths and terminals and other modernisation projects.

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At the high port

At the high port

With favourable government policies and the Make in India initiative, the ports sector, along with logistics, is likely to get a boost. However, the key lies in effective execution. The growth graph of the sector seems to be on a rising trend. Cargo traffic, which recorded 1,052 million metric tonne (MMT) in 2015