According to an official press release, cargo volume at Ennore Port may rise 14 per cent to an all-time record of 17 million tonne (mn t) in 2012-13 from 14.96 mn t in the previous financial year. The cargo volume handled by the port surpassed the target of 16 mn t fixed by the centre for the financial year 2012-13 on February 28. The target for the entire financial year was achieved one month prior to the close of the financial year
Tag: traffic
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Cargo handling at New Mangalore Port rises
Cargo handling at the New Mangalore Port Trust rose 12.93 per cent to 33.61 million tonne during April-February of 2012-13 as against 29.76 mn t in the year-ago period. It may be noted that the port surpassed the total traffic handling of 2011-12 in the first 11 months of 2012-13. The total cargo handling was 32.94 mt during the entire 2011
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Minister announces Rs 75 bn outer harbour project at Tuticorin port
In a move that would add 42 million tonne capacity to Tuticorin port, the union budget 2013-14 announced the Rs 7,500 crore project to set up an outer harbour. The Finance Minister P Chidambaram announced while presenting his eighth budget on February 29. The minister also said a new port will come at Andhra Pradesh. Three Southern states including Tamil Nadu, Andhra Prad
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MPT woos traders from north Karnataka
Mormugao Port Trust (MPT), which is in taking efforts to diversify its cargo handling away from coal, asked traders from north Karnataka to make use of the port. In order to woo traders, the port in association with Karnataka Chamber of Commerce and Industry (KCCI), Hubli
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Cargo handling at non-major ports grows
Cargo handling at non-major ports grew 10.3 per cent to 185.21 million tonne (mn t) during Apr-Sep 2012-13 from 168 mn t in the corresponding period of 2011-12. However, cargo handling at major ports declined 3.3 per cent during the first half of 2012-13 from the year-ago period
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Kandla port handles 56 mn t import cargo
So far in 2012-13, Kandla Port Trust handled 56.29 million tonne (mn t) of import cargo compared with 60.1 mn t in the year-ago period. The port handled total exports of 26.41 mn t so far in 2012-13 compared to 22.09 mn t in the year-ago period. The volume of transshipment cargo was 1.69 lakh tonne, which is, lower than 3.09 lakh tonne in the comparable period of
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Major ports witness fall in container cargo
During Apr-Jan 2012-13, cumulative container cargo volume at major ports declined to 6.43 million tonne (mn t) Twenty Foot Equivalent Units (TEU) from 6.52 million TEU in the year-ago period. This is a fall of 1.45 percent. The tonnage of containerized traffic was relatively flat at 100 mn t. The Port of Jawaharlal Nehru (Nhava Sheva), the countryĆās busiest container gateway, han
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Jawaharlal Nehru Port affected by union strike
The countryĆās largest container handling port, Jawaharlal Nehru Port, suffered considerably because of the two-day nation-wide strike called by central trade unions. The strike also affected the cargo operations at Mumbai, Kochi, New Mangalore and Vizag ports. However, the oil and other liquid terminals at these ports func
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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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Ministry to announce stand on tariff regulation
Union Shipping ministry may soon announce its stand on the applicability of tariff regulation for existing cargo-handling projects, which could be the most critical aspect of the tariff deregulation plan at ports. Major ports and private firms running cargo terminals at these ports have been seeking freedom to set rates bas