A consortium of ABG Infralogistics and PSA International, which operates a container terminal at the Kandla port in Gujarat, agreed to transfer the terminal assets to the port authority, reports indicate. Consequently, a 30-year concession agreement signed between the the port authority and ABG Kandla Container Terminal in June 2006 for developing and oper
Tag: Terminal
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New tariff norms may apply if JNPT calls fresh bidding
The new port tariff norms, introduced by the shipping ministry, would be applicable to the 330-metre container berth project at the Jawaharlal Nehru Port Trust (JNPT) if the award of contract were to be cancelled for any reason and bids re-invited for the same project next fiscal. DP World emerged the successful bidder for the proje
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ONGC, BPCL, Mitsui sign MoU with Mangalore Port
On March 18, ONGC, Bharat Petroleum Corp (BPCL), Mitsui of Japan and New Mangalore Port Trust entered into an agreement for setting up a liquid gas (LNG) import terminal at Mangalore. All the four parties signed a Memorandum of Understanding (MoU) for the proposed $500-750 million terminal, which will have an initial capacity of 2-3 millio
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GSPC may start production from KG basin block
By the middle of the year 2013, Gujarat State Petroleum Corp (GSPC) may start producing natural gas from the Deen Dayal (DD)-West gas fields in the Krishna Godavari basin (KG basin), media reports indicate. In mid-2005, the Gujarat government-owned GSPC announced a gas discovery at the DD-west block. Such
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Report calls for barge service between Chennai and Ennore ports
Recently, Union Shipping Minister GK Vasan released a pre-feasibility report titled ÃâLogistics Collaboration between Ennore and Chennai portsÃâ, prepared by the Confederation of Indian Industries (CII). The report calls for setting up a Ãâmarine highwayÃâ to ferry containers by barges between Chennai and Ennore ports. The highway is intended to decongest the road highw
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Ministry releases draft norms for tariff structure
Union shipping ministry released a draft guideline for the tariff structure of the Major Port Trusts (MPTs). According to the guideline, the MPTs would be allowed to set their own tariff, which can be higher or lower than the reference tariff set by the Tariff Authority for Major Ports (TAMP
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Ministry releases draft norms for tariff structure
Union shipping ministry released a draft guideline for the tariff structure of the Major Port Trusts (MPTs). According to the guideline, the MPTs would be allowed to set their own tariff, which can be higher or lower than the reference tariff set by the Tariff Authority for Major Ports (TAMP
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HPCL to set up 5 mn tpa LNG terminal in Chhara
Media reports suggest that Hindustan Petroleum Corp (HPCL) identified Chhara in Gujarat's Junagadh district to set up a liquefied natural gas (LNG) import terminal in a joint venture with SP Ports, a unit of Shapoorji Pallonji Group. The Rs 5,000 crore terminal project would be executed by both the firms through a 50:50 joint vent
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JNPT to upgrade port connectivity infrastructure
In order to make its proposed fourth container terminal project more attractive to bidders, Jawaharlal Nehru Port Trust (JNPT) plans to boost connectivity infrastructure at the port. The port authority plans to upgrade its approach roads and rail connectivity to make the project more attractive to the private operators
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Oil firms to enter into MoU for LNG terminal project
Energy exploration firm Oil & Natural Gas Corp (ONGC) and Bharat Petroleum Corp (BPCL) would soon enter into a Memorandum of Understanding (MoU) for the liquid gas (LNG) import terminal project at Mangalore. The first phase of the terminal will cost $500-750 million (Rs 2,800 to 4,200 crore) and is expected to be completed in 3