Average turnaround and pre-berthing time for ships declined 7 per cent and 11 per cent, respectively at major ports during April and May 2013. The decline of these two variables, which indicate improved efficiency, is not due to capacity addition, but due to a fall in trade, as the number of vessels handled by ports fell from 3,260 to 3,139 during the period, reports indic
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A difficult environment like now is time to take fewer risks
When times are tough, it's time to soften up. But while banks need to be supportive to the industry in difficult times, they are not geared up to involve themselves at a pre-project stage, says RK Dubey
Anti-bifurcation stir hits fertiliser movement at AP ports
In Andhra Pradesh the ongoing anti-bifurcation agitation in the coastal Andhra Pradesh is causing huge loss to ports in the state. Fertiliser handlers at seaports, particularly in Visakhapatnam port, are incurring huge demurrage (a charge payable to the owner of a chartered ship in respect of failure to load or discharge the ship within the time agreed.) losses over the last three weeks due to the agitations.
Jawaharlal Nehru Port loses place in top 30 list
For a number of years Jawaharlal Nehru Port (JNPT) lost its 30th rank among the world's container handling ports owing to issues like strong competition from ports such as Mundra, Pipava and Hazira and delay in the developing the fourth container terminal. The London-based “Containerisation International” publishes the list of leading 30 container ports. Until now,
Industry wants govt to focus on issues in port sector
Industry players suggested the government to pay renewed attention to the issues facing port sector in India. Some of the issues facing the sector are lack of clarity on land acquisition policy in an around port area, implementation delays in public private partnership (PPP) projects and faulty tariff structure governing major port
Industry wants govt to focus on issues in port sector
Industry players suggested the government to pay renewed attention to the issues facing port sector in India. Some of the issues facing the sector are lack of clarity on land acquisition policy in an around port area, implementation delays in public private partnership (PPP) projects and faulty tariff structure governing major port
GMB plans to add 46 mn t capacity in FY14
Gujarat Maritime Board (GMB) plans to add 46 million tonne (mn t) of capacity at the non-major ports in the state during 2013-14. Once this is achieved, the total cargo handling in non-major ports of the state would rise to 412 Million Tonne Per Annum (mn tpa), reports
DCI plans to spend Rs 19 bn in 5 yrs
In the 12th five year plan (2012-17), Dredging Corporation of India (DCI) has planned a capital expenditure of about Rs 1,972 crore. This includes placing order for two more 9,000 cubic metre capacity dredgers. In the next four to five years, the state-run firm expects to procure these dredgers which may facilitate the company to handle up to 80 per cent of the annual maintenance dredging works of Indian ports. The balance wou
Major ports witness rise in coal cargo
The 12 major ports in the country witnessed 43.96 percent rise in the handling of thermal coal cargo at 19 million tonne (mn t) during Apr-Jun 2013 from the year-ago period. This include mostly the import of thermal coal for power plants in the country. At a time when growth in the general cargo volume is stagnant across all major ports, the rise in the import of coal by domestic power producers may provide relief for these ports, reports
Govt mulls Rs1.5 bn infra projects in six months
Across various sectors including ports, airport and power & transmission, railways, the central government plans to implement Rs 150,000 crore worth projects in the next six months. After taking approvals from the Cabinet, the government plans to award these infrastructure projects in the next six months, Planning Commission Deputy Chairman Montek Singh Ahluwalia said