Goa's Captain of Ports (COP) has ordered a new tug vessel which is being built at the cost of 5.65 crore in order to replace the existing one. The new tug vessel is 12 metric ton bollard pull compared to the pulling capacity of only 4 metric ton bollard of the present vessel. The new vessel is being built at Mandovi dry dock in Pilgaon
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China allays fears of India on Gwadar Port
Chinese Ambassador to Pakistan, Liu Jian allayed fears of the Indian government about Pakistan handing over management of Gwadar Port to China. Speaking at a function, the ambassador said the transfer of management is in the economic interest of the peoples of China and Pakistan
CMA CGM hikes freight rates
Effective March 3, shipping firm CMA CGM decided to raise freight rates on its trade from northern Europe to India and Pakistan. The firm would raise the tariff by $150 per 20-foot dry container and $200 per 40-foot dry container. Effective March 15, the ocean carrier will hike rates from all Asian ports to the east and west Mediterranean and Black Sea by $65
Beypore port plans to raise storage capacity
Jacob Thomas, Director of Beypore port assured all the stakeholders of the port that the management would examine whether it is possible to raise the storage area by occupying the land and buildings of Steel Authority of India (Sail). Recently, stakeholders of the port demanded for increased covered storage space. Shortage of port's own
Experts urge govt to take supportive steps for port sector
Experts feel that the government must take supportive steps to enable the shipping ministry to achieve the project award target for 2012-13. While the ministry aims to award 42 new port projects by the end of March 2013, it has so far awarded 17
Experts urge govt to take supportive steps for port sector
Experts feel that the government must take supportive steps to enable the shipping ministry to achieve the project award target for 2012-13. While the ministry aims to award 42 new port projects by the end of March 2013, it has so far awarded 17
Hapag-Lloyd, Zim change service route for India
Shipping lines like Hapag-Lloyd and Zim, the Israeli line announced changes in their service route to India. While the German container line Hapag-Lloyd proposes to expand its China-India service with the intro
Hapag-Lloyd, Zim change service route for India
Shipping lines like Hapag-Lloyd and Zim, the Israeli line announced changes in their service route to India. While the German container line Hapag-Lloyd proposes to expand its China-India service with the intro
APSEZ seeks nod to re-notify Mundra SEZ
B Ravi, Chief Financial Officer of Adani Ports and SEZ (APSEZ) informed that the firm has made several representations to the government seeking permission for a new 1,840 hectare multi-product special economic zone. It may be noted that in October 2012, the gove
APSEZ seeks nod to re-notify Mundra SEZ
B Ravi, Chief Financial Officer of Adani Ports and SEZ (APSEZ) informed that the firm has made several representations to the government seeking permission for a new 1,840 hectare multi-product special economic zone. It may be noted that in October 2012, the gove

