B Ravi, Chief Financial Officer of Adani Ports and SEZ (APSEZ) informed that the firm has made several representations to the government seeking permission for a new 1,840 hectare multi-product special economic zone. It may be noted that in October 2012, the gove
Tag: Shipping
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JNPT to procure equipments
Jawaharlal Nehru Port Trust (JNPT) is in the process of buying six new Rubber Tyred Yard Gantry Cranes (RTYGC) for its container terminal —JNPCT. In order to procure these cranes, JNPT plans to opt for Design, Manufacture, Supply, Installation, Testing, Commissioning and Guaranteeing the performance contract. The port is also in the process of issuing a tender for Design, Manufacture, Supply, Testing, Commissioning and Guar
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JNPT to procure equipments
Jawaharlal Nehru Port Trust (JNPT) is in the process of buying six new Rubber Tyred Yard Gantry Cranes (RTYGC) for its container terminal —JNPCT. In order to procure these cranes, JNPT plans to opt for Design, Manufacture, Supply, Installation, Testing, Commissioning and Guaranteeing the performance contract. The port is also in the process of issuing a tender for Design, Manufacture, Supply, Testing, Commissioning and Guar
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VPT to raise cargo handling capacity
Visakhapatnam Port is in the process of raising its cargo handling capacity to to 139.67 million tonne (mn t) by 2016-17 and 148.67 mn t by 2019-20 with an investment of nearly Rs 14,000 crore on mechanisation or modernisation. The port currently has a capacity of 66 mn t. It is expected to handle 60 mn t cargo in 2012-13 as against the t
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VPT to raise cargo handling capacity
Visakhapatnam Port is in the process of raising its cargo handling capacity to to 139.67 million tonne (mn t) by 2016-17 and 148.67 mn t by 2019-20 with an investment of nearly Rs 14,000 crore on mechanisation or modernisation. The port currently has a capacity of 66 mn t. It is expected to handle 60 mn t cargo in 2012-13 as against the t
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Kochi Port loses cargo due to strike
Amidst the growing trade union problem at the Kochi Port, the Cashew Manufacturers and Exporters Association asked vessels carrying raw cashew to call at Tuticorin port instead of the former. Following this three container ships carrying 18,000 metric tonne of raw cashew from the Mtwara Port in Tanz
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Kochi Port loses cargo due to strike
Amidst the growing trade union problem at the Kochi Port, the Cashew Manufacturers and Exporters Association asked vessels carrying raw cashew to call at Tuticorin port instead of the former. Following this three container ships carrying 18,000 metric tonne of raw cashew from the Mtwara Port in Tanz
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Exports grow 0.8% in January
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
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Exports grow 0.8% in January
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
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Traders oppose surcharge on containers
Traders oppose the surcharge imposed by feeder operators at Kochi port saying that they were unable to accept such levy for both export and import containers in view of the short notice. Feeder operators imposed surcharge of $100 for a TEU on two subsequent sailings in order to recover the loss suffered by their feedering between Kochi and Colombo on ballast (without any cargo on board). They have to sail to Colombo empty because the strike by trailer crew in Kochi Port paralysed movement of c