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Dismal performance of ICTT Vallarpadam sparks concern

Dismal performance of ICTT Vallarpadam sparks concern

The Cochin Port Officers Association (CPOA) has urged Union Shipping Minister Nitin Gadkari and Kerala Chief Minister Oommen Chandy to constitute a high-level committee to recommend measurers for the revival of the Vallarpadam International Transhipment Container Terminal (ICTT).

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PSA bags JNPT 4th container terminal project

PSA bags JNPT 4th container terminal project

Singapore´s PSA Investments bagged Rs 7,915 crore and 4.8 million TEU fourth container terminal project from Jawaharlal Nehru Port Trust (JNPT). The board of trustees of the port has decided to award the project to be carried out under the design, build, finance, operate and transfer basis to PSA, which was the highest bidder.

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CCEA approves five port expansion projects

CCEA approves five port expansion projects

The Cabinet Committee on Economic Affairs (CCEA) has approved five projects involving an investment of over Rs 17,630 crore to increase the capacity of major ports, a government release said. These five projects are at an advance stage of tendering and are expected to be awarded by the end of March. Of the five projects approved, four are container terminals and one is a multi-purpose cargo berth project in Mumbai port.
The four container terminals are proposed in the major ports of Kandla (wit

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Lankan port transhipment

Lankan port transhipment

Sri Lanka Ports Authority (SLPA) has stated that cargo to and from India accounts for 62 per cent of Colombo port's transhipment business. SLPA's Chairman Priyath Bandu Wickrama said that at present,

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TAMP as market regulator

TAMP as market regulator

Minor ports have emerged as more attractive to private investors than the major ones, notably after the controversial TAMP revised tariff as PPP projects at major ports are marred by litigations, delays and disputes.

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Mundra port handles largest container ship

Mundra port handles largest container ship

Adani Ports and Special Economic Zone (Adani Ports) said its Mundra Port handled the largest container vessel up to now with nominal capacity of 14,036 TEUs, the first of its kind to call at any Indian port, thereby making history in the Indian maritime sector.

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