Almost 80 per cent of Colombo’s container traffic represents cargo transhipped from Indian ports. One year after India’s first ICTT was commissioned, transhipment transactions have been almost insignificant. Will the terminal’s second year be any different?
Tag: Ports
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Rs 2.77-lakh cr investment in 10 years needed
The Union Shipping Minister, GK Vasan said that an investment of Rs 2.77 lakh crore will be required in the next ten years to enhance the cargo handling capacity at Indian ports to 3,130 million tonne.
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Gujarat to develop new ports
The Gujarat government has finalised plans to develop six to seven new ports in the state. Large investments would flow into the port sector in the coming years. The state is planning ports at Dahej, Nargol, Vansi Borsi and Kutchhigarh,
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Non-major ports under Centre?
Keeping in mind the security issues being faced by India, the National Shipping Board (NSB) has sugÂgeÂÂsted that all the major and minor ports in the country should be brought under the control of Union Government.
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Karnataka maritime board
Karnataka Minister for Ports Krishna Palemar has said that the state government is planning to establish a maritime board for developing the sector.
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Container growth good, infra way behind: Experts
Container traffic in Indian ports has risen from 0.2 per cent in 1981 to 20 per cent in 2010-11. The total container throughput in FY2011 stood at over 9.4 million TEUs, witnessing a growth of 13 per cent over the previous year.
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Vizhinjam Container Terminal by 2015
According to Kerala Minister for Ports and Excise, K Babu, the Vizhinjam International Deepsea Container Terminal will be operational by 2015.
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Analysis: Non-major ports hold key to container growth
The overall growth of Indian economy, and exim trade in particular, has driven the demand for more containerised cargo movement.
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Revival of Indian ports
Currently, the maritime sector is one of the important investment arenas for private partiÂcipants; this is directly improving the efficiencies and revenue generation of Indian ports. What are the specific areas of investment?
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Revival of Indian ports
Currently, the maritime sector is one of the important investment arenas for private partiÂcipants; this is directly improving the efficiencies and revenue generation of Indian ports. What are the specific areas of investment?