Adani Port slams Shipping ministry for allowing cabotage relaxation only to DP world run Vallarpadam Port. The Vallarpadam port had received cabotage relaxation in the year 2012, since then not a single port (including private ports) have not received such facility from the ministry.
Tag: Shipping Ministry
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Ennore port to run as a corporate firm
As the Ennore port is being run as a company by the government, management of the port will not follow federal shipping ministry guidelines to set rates for cargo services. Last week, the port management informed prospective bidders for a container-loading facility that it will not follow federal shipping ministry guidelines to set rates for cargo services.
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Market linked tariff fixation likely to make port projects more attractive
The announcement of market linked tariff fixation by Shipping Ministry is likely to expedite the bidding process for various public private partnership projects at various major ports in India. Private operators have been waiting for the new tariff guidelines and are eager to place their bids for projects including container terminals at Chennai, JNPT and bulk terminals at Kandla, Goa and Vizag Port.
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Final draft guidelines for tariff setting
The Shipping Ministry will publish the final draft guidelines for tariff setting by cargo terminal operators in ports. The new regime will apply prospectively to cargo handling projects bid out after the draft is notified.
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When we finally hit the target?
Missing Maritime Agenda targets has been the norm. But now, the Shipping Ministry is pushing the much needed expansion of its severely congested ports with some urgency, even as the new targets for the year have been announced. As major ports are losing their lure with investors,
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Regulation and technology will be the key
Once free of TAMP, we are going to see how far that can change the operating practices to make the ports more efficient, says Saibal K De, Director & CEO, IF&FS Maritime Infrastructure Company,
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Regulation and technology will be the key
Once free of TAMP, we are going to see how far that can change the operating practices to make the ports more efficient, says Saibal K De, Director & CEO, IF&FS Maritime Infrastructure Company,
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A push to domestic players not backed up
The pressure on the shipping ministry to achieve dredging commitments has just got higher, as only about half the planned target was completed in the last Five Year Plan.
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No TAMP extension to non-major ports
The Planning Commission has turned down the Shipping Ministry's proposal to extend the ambit of the Tariff Authority for Major Ports (TAMP) to non-major ports under the proposed Port Regulatory Authority Bill, fearing it will hurt the performance of these ports.
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Kandla port to hike capacity
The Shipping Ministry has initiated the upgradation of Kandla Port under the public private partnership (PPP). The work involves construction of three additional berths at an estimated cost of Rs 544 crore.