The hike in export duty on iron ore, increase in railway freight rates for export cargo of ore and the ban on illegal ore mining affected exports of the raw material. Gangavaram Port exported only 271,000 tonne this year as against 2.1 million tonne last fiscal. Other ports in Andhra Pradesh Visakhapatnam and Kakinada deep water ports lost 30 per cent in iron ore cargo traffic during 2012-13. In 2011-12, Kakinada Port
FlashNews:
Ascenso Invests $100 Million to Build Giant Radial Mining Tyres in India
JCB India Launches 10 New Machines at Bauma Conexpo 2026
Eastman Launches VEKTOR Brand, Targets Monolithic Construction Growth
TORSA Machines Targets âč5 Billion Revenue with FiveâArea, FiveâYear Strategy
SDLG India Unveils New Diesel and Electric Range for Infrastructure and Mining
CJI Surya Kant Calls for Preventive Justice to Avoid Infrastructure Disputes
SolarâPlusâStorage: Reliability for Indiaâs C&I Sector
Suzlon Secures Maiden 200 MW Wind Order from Ayana Renewable Power
Tata Power Solaroof Crosses HalfâMillion Rooftop Milestone, Targets 3 Million by 2029
REC Issues Indiaâs First Tokenised Corporate Bonds Under SEBI Sandbox
IndiGo to Begin Guwahati-Bangkok Flights, Expanding Northeast Indiaâs Global Reach
Suhora Technologies Launches Open Satellite Platform to Support Nepal Flood Response
WABAG Wins RIL Repeat Order for Advanced ETP at Jamnagar
Homegrown Airtel Cloud Seeks to Support Indiaâs Sovereign Manufacturing AI
Air Indiaâs VTâAWD Dreamliner Arrives After Completing 500 Checks
RVNL Secures âč90.3âŻBillion Order for Rail Connectivity to Buxar Thermal Power Project
Air India and IHG Hotels & Resorts Forge Loyalty Partnership
RVNL Emerges Lowest Bidder for âč40.49âŻBillion EPC Package in Odisha
ISROâs GSLV-F17 Launches EOS-05, Indiaâs First Geosynchronous Imaging Satellite
Gujarat Ambuja to use NMPT for shipment of its products
Gujarat Ambuja Exports decided to use the New Mangalore Port in Karnataka for shipment of its products to Sudan in Africa. The company decided to use the port for moving its export consignments after the recent visit of Manish Kumar Gupta, Managing Director and Prashanth Pillai, DGM of the company
Kolkata Port negotiates with 2 bidders
RPS Kahlon, Chairman of the Kolkata Port Trust informed that the port was negotiating with the two lowest bidders to reduce the bids for operating two berths at Haldia Dock Complex (HDC). The port wants the price to be below Rs 200 per tonne, Kahlon said at an event of the Bengal National Chamber of Commerce and Industry
Report calls for barge service between Chennai and Ennore ports
Recently, Union Shipping Minister GK Vasan released a pre-feasibility report titled ĂâLogistics Collaboration between Ennore and Chennai portsĂâ, prepared by the Confederation of Indian Industries (CII). The report calls for setting up a Ăâmarine highwayĂâ to ferry containers by barges between Chennai and Ennore ports. The highway is intended to decongest the road highw
Cargo handling doubles at Dhamra Port
Agency reports indicate that the cargo handling at the Dhamra Port in Odisha doubled during 2012-13 to 10 million tonne (mn t) from over 5 mn t in the previous year. Between April 1, 2012 and March 5, 2013, the port handled 10 mn t cargo. During this period, the port handled over 8 mn t of import cargo -- the highest by any Indian port in only the second year of its operations, repo
Ministry’s move may instill confidence
Industry observers feel that the recent policy steps taken by the union shipping ministry may instill confidence among investors and thereby improve the pace of port project execution. A key step taken by the ministry is to allow terminal operators at major ports in the country to fix market-linked tariffs for projects coming up after April
Existing operators may not benefit from new draft norms
The draft guidelines, if implemented, would not be applicable to the existing 16 private terminals that have been operating for several years. These terminals would be governed by their respective guidelines framed in 2005. It may be noted that the validity of the 2005 norms ended in 2010 after a five-year run, but has been extended many times. The last extension ended in Dece
Performance of Indian ports improves
In a sign of progress in the port performance, the average turnaround time (in days), average pre-berthing detention time (in days) and average output per ship Ăâ berth Ăâ day (in tons) have shown improvement in 2011-12 and April-September, 2012 over corresponding previous period. During April-September 2012-13, the average output per ship-berth-day improved to 13,374 ton for all major ports
JNPT handles maximum containerized cargo
Jawaharlal Nehru Port Trust (JNPT) handled the maximum containerised cargo from Northern India and for this it was given the ĂâSea Port of the Year for Containerised Cargo - Northern IndiaĂâ award. The award was given at the 2nd Northern India Multimodal Logistics Awards held at the Le Meridien in New
NMPT handles 12.83 mn t crude oil for MRPL
The New Mangalore Port Trust (NMPT) handled 12.83 million tonne (mn t) of imported crude oil for Mangalore Refinery and Petrochemicals (MRPL) during Apr-Feb 2012-13 compared to 11.97 mn t in the year-ago period. NMPT handled 1.49 mn t of iron ore fines during the first

