Increased investments in infrastructure development is the focus of the present Government and this segment has now captured the intense attention from top policy makers of the country
Tag: Ports
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Gopalpur Port to reopen by Aug 30
The Gopalpur Port is likely to restart operations from August 30, said Commerce and Transport Minister Ramesh Chandra Majhi. The port was closed after cyclone Phailin which struck Odisha coast on October 12, 2013.
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Need to amend old laws on ports: Nitin Gadkari
The Government will bring a new legislation to replace outdated laws relating to ports as part of efforts to ensure that regulations keep pace with time, Union Minister for Shipping and Roads Nitin Gadkari said.
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Cabinet nod for Sagarmala project
The Government gave ĆĀ“in principleĆĀ“nod to Sagarmala project, which is aimed at port-led development in coastal states. ĆĀ“The Union Cabinet chaired by Prime Minister Narendra Modi, gave its ĆĀ“in-principleĆĀ“approval for the concept and institutional framework of Sagarmala Project,ĆĀ“ an official statement said.
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Cabinet approves formation of SPV to major ports
The Union Cabinet chaired by the Prime Minister, Narendra Modi, gave its approval for formation of a Special Purpose Vehicle (SPV) to provide efficient rail evacuation systems to Major Ports and thereby enhance their handling capacity and efficiency.
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Post-Budget Impact Assessment
Increase in effective rates of additional duty of excise/customs levied on petrol and high speed diesel oil from Rs 2 per litre to Rs 6 per litre.
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Now, Vizag Port can handle Panamax vessels
In order to handle Panamax vessels in the Inner Harbour, Visakhapatnam Port has decided to add two more hi-tech 100-tonne harbour mobile cranes costing around Rs 35 crore each .
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AP advised to improve capacity of existing ports
The East Coast Maritime Business Summit has cautioned that it is as important to build the supporting infrastructure for speedy cargo evacuation from ports as to build new ports or to add to the capacity of the existing ones, as otherwise ports will merely become stockyards.
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Mangalore Port to mechanise berth
New Mangalore Port Trust (NMPT) has taken up the mechanisation of a berth and the development of another berth, according to PC Parida, NMPT Chairman.
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Kolkata Port needs to review tariff policy
The Kolkata Port, which is grappling with old infrastructure and suffering from the lowest draft, need to review the existing tariff policy, a study has said.