In the last few years, container terminal operator DP World has been taking efforts to attract foreign and domestic shipping lines to Vallarpadam International Container Transhipment Terminal (ICTT). DP World is attracting shipping lines by informing them about the productivity and performance of the term
Tag: transport.
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NMPT handles 13% more cargo since April 2012
Cargo handling by the New Mangalore Port (NMPT) rose 13.08 per cent to 30.08 million tonne between April 1, 2012 and January 29, 2013 from 26.6 mn t in the year-ago period. With this, the port exceeded the cargo handling target set by the shipping ministry for the first 10 months of 2012
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Fimi wants uniform freight rates
Federation of Indian Mineral Industries (Fimi) wants the railways to charge uniform freight rates on iron ore. It is learnt that the the railways increased freight nine times between February 2010 and March 2012. Today, it is about four times the domestic freight for iron ore (Rs 2,600 a tonne
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Maharashtra govt mulls law on intergrated urbanisation
Pointing to the need to go for integrated urbanization, Maharashtra Chief minister Prithviraj Chavan said his government plans a new legislation to set new rules in this regard. He said this while addressing a gathering after inaugurating a conference. He said over 50 percent of the
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Shipping players expects transport cost to be steady
Shipping sector in Kochi does not expect increase in transportation cost despite the recent hike in diesel prices because the trailer operators in the Vallarpadam Terminal are not likely to raise rates. Container trailer operators in the terminal are suffering from muted cargo traffic and hence they may avoid
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NMPT woos coffee exporters from Hassan
The New Mangalore Port Trust (NMPT) requested coffee exporters from Hassan to make best use of the port, which is around 165 kilometer (km) from Hassan. In view of the forthcoming coffee plucking season, the port trust held an interactive session with the coffee exporters. Major coffee exporters from Hassan region and officials from the Coffee Board attended the
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Essar Ports handles 180 ships in Oct-Dec 2012
During the third quarter of FY13, the company's terminals handled a “record” 180 ships, as against 114 ships handled for the corresponding quarter of last year. Meanwhile, the port aims to raise its cargo handling capacity to 158 million tonne per annum from the present 104 mn t
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NITC charters vessel from Mercator
Reports suggest that Mumbai-based Shipping firm Mercator last month gave its vessel the Omvati Prem to the Iran-based National Iranian Tanker Company (NITC) on charter basis for ferrying crude oil to India. This is for the first time the state-run tanker company of Iran NITC chartered an Indian vessel cove
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Transport sector accounts for 65.3% of diesel consumption
Data from the union petroleum ministry shows that almost 65.3 percent of the total diesel consumed in India is for transportation with road transport itself accounting for 60.4 percent. Around 8.2 percent of the total diesel consumed goes to power generation, while agriculture uses up 12.2 percent
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India Ratings suspends rating for Pratibha Shipping
The ratings of Pratibha Shipping was suspended by India Ratings as the former failed to provide adequate information on its current debt repayment and status of operations of its various vessels. In the absence of these information, the rating agency is unable to make an assessment of the com