Goa's Captain of Ports (COP) has ordered a new tug vessel which is being built at the cost of 5.65 crore in order to replace the existing one. The new tug vessel is 12 metric ton bollard pull compared to the pulling capacity of only 4 metric ton bollard of the present vessel. The new vessel is being built at Mandovi dry dock in Pilgaon
Tag: trade
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VO Port to set up second container terminal
S Natarajan, Chairman of the VO Chidambaranar Port informed that the management plans to set up a 6 lakh Twenty Foot Equivalent Units (TEU) container terminal in order raise the cargo handling capacity of the port. The terminal project may cost Rs 312.23 crore and concessionaire would offer gross revenue share of 55.19 percent. This would be the second container terminal of the port
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Govt aims upto Rs 35 bn from stake sale in SAIL
Before the end of the financial year 2012-13, the government plans to offload 10.82 per cent of its stake in state-owned Steel Authority of India (SAIL) and garner Rs 2,700-3,500 crore. The department of disinvestment (DoD) in holding discussions with the steel ministry on this matter and soo
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Govt aims upto Rs 35 bn from stake sale in SAIL
Before the end of the financial year 2012-13, the government plans to offload 10.82 per cent of its stake in state-owned Steel Authority of India (SAIL) and garner Rs 2,700-3,500 crore. The department of disinvestment (DoD) in holding discussions with the steel ministry on this matter and soo
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Exports grow 0.8% in January
During January 2013, India's exports expanded marginally by 0.8 percent to $25.6, ending eight straight months of decline. During the same month, imports grew 6.1 percent to $45.6 billion, data from the union commerce ministry shows. It is learnt that that marginal rise in exports is in line with the trend of the pace of contraction slowing down ove
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Exports grow 0.8% in January
During January 2013, India's exports expanded marginally by 0.8 percent to $25.6, ending eight straight months of decline. During the same month, imports grew 6.1 percent to $45.6 billion, data from the union commerce ministry shows. It is learnt that that marginal rise in exports is in line with the trend of the pace of contraction slowing down ove
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NMPT witnesses rise in calling of mainline vessels
P Tamilvanan, Chairman of New Mangalore Port Trust (NMPT) remarked that the rise in the increase in the number of mainline container vessels calling at the port was the result of the marketing efforts by the authority. From a humble beginning with one mainline vessel during 2007-08, now it is the 31st mainline vessel calling at the
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NMPT witnesses rise in calling of mainline vessels
P Tamilvanan, Chairman of New Mangalore Port Trust (NMPT) remarked that the rise in the increase in the number of mainline container vessels calling at the port was the result of the marketing efforts by the authority. From a humble beginning with one mainline vessel during 2007-08, now it is the 31st mainline vessel calling at the
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Disinvestment secy expects Rs 270 bn from stake sale in FY13
Union Disinvestment Secretary Ravi Mathur informed reporters that the government may manage to mop up Rs 27,000 crore by offloading stakes in state-run firms in 2012-13. It may be recalled that the central government earlier set a target to raise Rs 30,000 crore through disinv
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10 minor ports in Karnataka handle 15.8 lakh t cargo
Reports suggest that around 10 minor ports in Karnataka together handled approximately 15.81 lakh tonne of cargo during 2011-12. These minor ports are Karwar, Belikeri, Tadri, Honnavar, Bhatkal, Kundapur, Hangarakatta, Malpe, Padubidri and Old Mangalore. These ports are under the control of the state government