Oil India awarded the Engineering, Procurement and Construction Management (EPCM) contract to Engineers India (EIL) for upgrading pump stations or terminal of the Naharkatiya-Barauni crude oil pipeline. Oil India decided to upgrade the pumping stations or terminals to reduce operation and maintenance cost and increase the throughput of the system for acc
Tag: Terminal
Post
Post
Paradip ore terminal project faces inordinate delay
The proposed iron ore terminal project at Paradip Port Trust (PPT) is facing inordinate delay because of lack of environment and forest clearances, and court cases over relocation of iron ore plots. Blue Water Iron Ore Terminal, a special purpose vehicle floated by the Hong Kong-based Noble Group, in partnership with Gammon Infrastructure Projects and MMT
Post
Ministry sends plan to set up Rs 43 bm LNG project
Union shipping ministry has reportedly sent a proposal to set up a Rs 4,320-crore integrated liquefied natural gas (LNG) terminal at Ennore, near Chennai to the cabinet for approval. It may be learnt that the project was approved by the shipping ministry recently. Indian Oil Corporation, which plans to construct the terminal, would receive a letter of award from the Ennore Port once the cabinet clears the proposal. Tamil Nadu
Post
CMIE expects 4% growth in cargo traffic in 2013-14
Centre for Monitoring Indian Economy (CMIE) expects 4 percent growth in cargo traffic across all major ports in the country during 2013-14 compared to an anticipated contraction of 2.4 per cent in 2012-13. According to its projection, cargo traffic handled by major ports may rise to 568.5 million tonne in 2013-14 from
Post
Shipping players expects transport cost to be steady
Shipping sector in Kochi does not expect increase in transportation cost despite the recent hike in diesel prices because the trailer operators in the Vallarpadam Terminal are not likely to raise rates. Container trailer operators in the terminal are suffering from muted cargo traffic and hence they may avoid
Post
Essar Ports aims to handle 55 mn t cargo
Essar Ports aims to handle 55 million tonne (mn t) of cargo in 2012-13 compared to 40 mn t it had handled in the previous fiscal. It may be noted that the port recently commissioned a 16 mn t per year dry bulk terminal at Paradip Port for handling iron ore mainly for its group company Essar Steel and dry bulk cargo for third party cont
Post
Cost of proposed berth project set to escalate
Reports suggest that the cost of the proposed 330-metre container terminal berth project at Jawaharlal Nehru Port may exceed the original estimate of Rs 600 crore by Rs 300 crore. The berth will have the capacity to handle eight lakh Twenty Foot Equivalent Unit (TEU) per annum, which could be augmented to one million TEU, with better equipment and
Post
Board of Petronet clears Rs 50 bn terminal project
Petronet LNG, which proposes to set up a five million tonne per annum LNG terminal at Gangavaram, Andhra Pradesh at a cost of about Rs 5,000 crore, received final approval from its board for the investment. The firm, which expects to complete the project by end-2016, has finished several pre-project activities and it is working towards short-listing of potential cont
Post
Chennai port wants govt to restore security nod for APSEZ
Chennai Port wants the government to revoke the cancellation of security clearance for Adani Ports and Special Economic Zone (APSEZ) to participate in the port's proposed Rs 3,686 crore container terminal project. Chennai Port plans to build a container terminal than can load 4 million standard containers a year when fully oper
Post
Petronet LNG expands Dahej terminal in 2 phases
Media reports suggest that Petronet LNG is expanding its Dahej LNG terminal in two phases. In the first phase, it is building second LNG jetty which will get completed by the end of December 2013 or early 2014. This would improve its facility by increasing unloading capacity and also give more flexibility. The company expe