By March 2013, union shipping ministry expects to award all the 42 port projects targeted during 2012-13, Minister for Shipping GK Vasan informed reporters. Speaking to media persons, Vasan said most of these projects are for capacity addition, deepening of chan
Tag: Shipping
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TN govt moves forward in L&T’s port project
In a move that signifies the early inauguration of the Rs 4,000-crore L&T port-cum-shipyard at Kattupalli in North Chennai, Tamil Nadu government held talks with the firm on the issue of jobs. Reports suggest that officials from various ministries of the state government held discussions with the c
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Govt move may fast-track port projects
Experts feel that the recent move by the government to streamline security clearance for private-public-partnership (PPP) projects in the port sector may fast-track project implementation. According to the new procedure for security clearance, the shipping ministry would share a list of com
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Ministry can handover land to project developers
The ministry of shipping can handover the land to developers who operate seven port projects taken up under the Public-Private Partnership (PPP) mode as it received approval for the same from the cabinet. The cabinet recently cleared the proposal of the ministry for licensing of land to the developers. This will facilitate the ministry in augmenting the capacity of ports expe
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NMPT makes efforts to woo traders
The New Mangalore Port Trust (NMPT) is making efforts to woo importers and exporters from the neighbouring regions. For example, recently the port officials held consultations with exporters from Shimoga region in this regard. The officials urged the importers and exporters of Sh
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NMPT makes efforts to woo traders
The New Mangalore Port Trust (NMPT) is making efforts to woo importers and exporters from the neighbouring regions. For example, recently the port officials held consultations with exporters from Shimoga region in this regard. The officials urged the importers and exporters of Sh
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Govt announces new norms on security nod
Union shipping ministry has simplified security clearance rules for companies who wish to take up port projects. According to the new rules, security clearances issued by the ministry to a company would be valid for three years. The move is intended to fast-track port projects
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Study shows decline in staff strength across major ports
A study by industry body Assocham shows that major ports witnessed over 33 percent decline in its staff strength between 2001 and 2010. During these ten years, the total number of employees in different cadres came down from more than 83,700 to nearly 55,400 at 12 major ports, the stud
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Gujarat ports to gain expertise from global players
Gujarat government seeks to gain technical and management expertise from international port authorities and port operators during the upcoming investment summit, Vibrant Gujarat Global Investors' Summit, 2013. Key international port players like Israel Ports Com
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Hapag-Lloyd proposes to raise shipping charges
From February 1, the shipping rates for containers from the Indian subcontinent would be raised by Hapag-Lloyd. The liner considers to raise the rate by $250 per Twenty Foot Equivalent Unit (TEU) for transporting boxes from the Indian subcontinent - India, Pakistan, Bangladesh and S