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
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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
Ministry to notify new tariff regime soon
Union Shipping Secretary, PK Sinha informed reporters that his ministry would notify the new tariff regime, which allows private container terminals to fix market-linked tariffs, within a month. According to the existing tariff norms, port developers cannot charge more than the ceiling tariff defined by the Tariff Authority of Major Ports (TAMP
Department to ensure compliance of norms
The Kerala government's Department of Ports is taking efforts to ensure that all the 2,000-odd boats in the state conform to safety norms prescribed in the Kerala Inland Vessel (KIV) Rules, 2010. Reports indicate that houseboats, shikaras and tourist vessels, that use the stateÂ’s backwaters and navigable canals, do not conform to basic safety norms unde
Dredging gains importance in Indian ports
Dredging has gained importance in several ports across the country. Lack of sufficient draft hampers larger vessels from docking on the port and so this calls for capital and maintenance dredging. While most Indian ports have a draft of less than 12 meter, vessels like VLCCs (Very Large Crude Carriers) and capsize vessels require a draught of 14 meter and cannot dock on ports which donÂ’t have sufficient depth. As the trade shifts to mod
Plea for capital dredging in Kolkata, Haldia ports
Environmentalist Subhas Datta filed a a public interest litigation petition with the Calcutta High Court against the central government's move to stop subsidy for the dredging projects in Kolkata and Haldia ports. Kolkata port was one of the oldest and the only riverine port in the country and it is prone to heavy deposit of silt. Datta expressed concern over the neglect of the Kolkata and Haldia ports and he wants the court to direct gove
Govt to publish draft guidelines on tariff setting
Media reports indicate that the government would publish the final draft guidelines on tariff setting by ports in the country after it receives the clearance from Shipping Minister GK Vasan. The final draft guidelines allows the Tariff Authority for Major Ports (TAMP) to notify first a port-wise reference rate for various commodities. TAMP will set the reference tariff that will typically be the highest prevailing rate set on the basis of guidelines fram
Govt to publish draft guidelines on tariff setting
Media reports indicate that the government would publish the final draft guidelines on tariff setting by ports in the country after it receives the clearance from Shipping Minister GK Vasan. The final draft guidelines allows the Tariff Authority for Major Ports (TAMP) to notify first a port-wise reference rate for various commodities. TAMP will set the reference tariff that will typically be the highest prevailing rate set on the basis of guidelines fram
Building an ambitious global logistics hub
Managing logistics needs an innovative integration of international best practices and equipment, as well as comprehensive knowhow of local regulations, writes Adarsh Hegde.