Lack of funds and investor confidence are two factors that are hurting the infrastructure sector. Efforts are needed to bring back the faith and money in the sector. FICCIĆĀ“s India Infrastructure Summit 2014 focused on the theme ĆĀ“Transport sector: Convergence & Connectivity
Tag: transshipment
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Panel to make key suggestions to shipping ministry
The Parliamentary standing committee on transport, tourism and culture will suggest the union shipping ministry to extend the proposed National Waterways No 3 beyond Kottapuram to the historic site of Muziris to benefit tourists. This is part of a slew of recommendations that the committee plans to make to the ministry. The com
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Union wants SCI to use Vallarpadam for transshipment
Shipping Corporation of India (SCI) was asked to use the Vallarpadam port for transshipment of cargo instead of its current practice of using Colombo port. The Joint Forum of Trade Unions in Kochi Port submitted a memorandum to the Parliamentary Standing Committee on Transport, which visited the city recently
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IIM study identifies ports for transshipment hub
A study by IIM Ahmedabad shows that Jawaharlal Nehru Port Trust (JNPT) would be the logical choice for a transshipment hub port on the west coast based on the commercial criteria. However, from an infrastructure perspective, the port does not have the draft to accommodate future generation vessels. Mundra is better placed as far as draft is concerned, the
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Ministry to study impact of cabotage law relaxation
According to a source-based information, union shipping ministry may not rush to relax cabotage laws for other ports in the country. This follows the demand from different ports, including JN Port and Vishakhapatnam for similar relaxations. The ministry may first study the impact of relaxation of the laws for international container transhipment terminal (ICTT) at Vallarpadam Kochi before relaxing it in other ports
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Maritime Agenda 2020: The awaited lift, finally
Reactive is better than non-active. The fact that the Maritime Agenda 2020 is the biggest documentation of our future vision in maritime ever is both heartening and concerning.
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Maritime Agenda 2020 unveiled
The government unveiled the Rs 500,000 crore Maritime Agenda 2020 involving expanding port handling capacity of the country to three billion tonne from the existing 617 million tonne (mt) along with various policy reforms in the shipping and ports sector.