The VO Chidambaranar port in Tuticorin has achieved an all-time record cargo traffic of 32.41 million tonnes during 2014-15, an increase of 13.17 per cent over last year.
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Highways to Progress
Tag: TEUs
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).
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.
Solar, biodiesel to power Nhava Sheva terminal
Nhava Sheva International Container Terminal (NSICT) is focusing on reducing carbon footprint in our overall operations, Ajay Singh, CEO, tells Sudheer Vathiyath, and explains some of the major steps taken by the terminal operator to 'green up' the port activities.
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
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,
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.
DP World signs concession agreement with JNPT for gateway terminal
DP World and Jawaharlal Nehru Port Trus (JNPT) held a ceremonial signing of the concession awarded to DP World to construct and operate a new container terminal at the port. DP World received the Letter of Award for the new Nhava Sheva (India) Gateway Terminal project in November last year.
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.
VOC Port setting up 2nd container terminal
VO Chidambaranar Port at Tuticorin is converting its eighth berth into a container terminal with a capacity to handle six lakh TEUs at a cost of Rs 312.23 crore.