During January 2013, India's exports expanded marginally by 0.8 percent to $25.6, ending eight straight months of decline. During the same month, imports grew 6.1 percent to $45.6 billion, data from the union commerce ministry shows. It is learnt that that marginal rise in exports is in line with the trend of the pace of contraction slowing down ove
Tag: Ports
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Railways to woo pvt firms to set up terminals at ports
Railways has drawn up a new policy draft to attract private players for setting up rail terminals at ports and sought suggestions from prospective investors before finalising the draft. The policy entails the framework of guidelines for development of rail terminals and associated logistics facilities for cargo handling and other value added services at privately developed ports.
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Railways to attract Rs 50 bn pvt capital for port linking project
In the next five years, Indian Railways plans to improve rail connectivity to ports across the country by attracting private investment of around Rs 5,000 crore. The plan is expected to address bottlenecks in rail linkage to key ports in the country. In this regard, the railw
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Shipping players expects transport cost to be steady
Shipping sector in Kochi does not expect increase in transportation cost despite the recent hike in diesel prices because the trailer operators in the Vallarpadam Terminal are not likely to raise rates. Container trailer operators in the terminal are suffering from muted cargo traffic and hence they may avoid
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Ore shipment doubles in December
In December 2012, 11 major Indian ports handled a total of 1.89 million tonne of iron ore export cargo compared to 907,000 tonne in November 2012. This is a over 100 per cent rise in export of the steel-making raw material in December compared to the previous month
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Net profit of GE Shipping triples
During July-Sep 2012 quarter, the consolidated net profit of GE Shipping rose tripled to Rs 81.20 crore
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Cargo traffic at ports to grow by 5.9%
India’s overall cargo traffic at its ports (both major and minor) is expected to grow to 985.20 million tonne or 5.9 per cent in 2012-13. In 2011-12,
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The Port Paradocks
Cargo growth at Indian ports was subdued in 2011-12 with total throughput registering a 5 per cent year-on-year increase to 930 million tonnes,
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Time to revisit port legislations
Ports in India have always been taken recourse to Port Trusts, but after the arrival of PPP in ports, this should change, says A Balasubramanian.
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Making our ports more financeable
Financing India’s ports has been challenging because of several factors, both inherent to the sector as well as to policy and financing regulatory environment.