L Radhakrishnan, Chairman of the Jawaharlal Nehru Port Trust (JNPT) informed that the port authority would float new tender for the rebidding of its Rs 8,000 crore fourth terminal project next month. He said the project, which is now bifurcated into two, will increase the portÂ’s capacity by over 5.2 million stan
Tag: volume
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JNPT Chief: may invite tenders for terminal project soon
L Radhakrishnan, Chairman of the Jawaharlal Nehru Port Trust (JNPT) informed that the port authority would float new tender for the rebidding of its Rs 8,000 crore fourth terminal project next month. He said the project, which is now bifurcated into two, will increase the portÂ’s capacity by over 5.2 million stan
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Paradip Port may post growth in cargo handling
Reports indicate that Paradip Port may handle more cargo in 2012-13 that what it handled in 2011-12. However, the port may not be able to meet the target of 63 million tonne (mn t) set by the union shipping ministry. In 2011-12, the port registered 54.2 mn t cargo handling. During Apr-Dec 2012, the port handled 45 mn t car
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Cargo volume at Kolkata Port declines in Apr-Dec 2012
Kolkata Port Trust (including Haldia ) witnessed 14.65 per cent decline in cargo handling at 28.86 mn t during April and December 2012. Haldia alone recorded 17.31 per cent drop in cargo volume at 20.2 mn t, official data shows. The other ports recording negative growth included Visakhapatnam 16.04 per cent at 44.2 mn t; and Chennai 4.87 per cent at 39.89 mn
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Demand for auto gas rises in recent months
Reports suggest that demand for auto gas or auto liquefied petroleum gas (LPG) has risen in the last few months. Oil Marketing Companies (OMCs) say the upswing in auto LPG growth augurs well for both the consumers and oil companies. OMCs attribute the rise in demand for auto gas to the governmentÂ’s decision to cap the number of subsidised LPG cylinders per
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Cargo volume at Mumbai Port rises 9%
During Apr-Dec 2012, Mumbai Port Trust handled 44 million tonne cargo compared to 40.2 million tonne in the year-ago period, which is a growth of 9 percent, the port authority said in a statement. Cargo handled during December increased to 5.2 million tonne from 4.6 million tonne for the same month in 2011. During Apr-Dec 2012, the port handled 45,776 Twenty Foot Equivalent Units (TEU) of container cargo, which is sam
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Cargo volume at major ports declines in Apr-Nov 2012
During April-November 2012, India's 12 major ports handled a combined 359.9 million tonne of cargo which is over 2.8 percent lower than 370.6 mn t handled in the year-ago period, data released by the Indian Port Association (IPA) showed. It is learnt that the volume of India's external trade handled by these ports declined to less than 60 percent from
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NMPT woos exporters from Shimoga
Officials of New Mangalore Port have held consultations with exporters from the Shimoga region and asked them to utilise the facilities available at port. The port is said to be targeting the region to boost its container traffic. Recently, Shimoga Chamber of Commerce and Industry said that there was good potential for NMPT to explore from Shimoga region
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Road construction sector on the path of recovery
Industry players feel that the road construction sector is on the path to recovery with the government announcing new norms for road development. It is learnt that the improvement in the project award and execution has caused a sudden surge in demand for construction machinery, building material machines, mining machines and construction
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Net profit, sales decline for ABG Shipyard
Net profit of ABG Shipyard declined more than 32 percent to Rs 32.8 crore during the quarter ending September 30, 2012 from Rs 48.4 crore in the year-ago period. Net sales of the private sector shipbuilder also declined to Rs 543.6 crore during the reporting period from Rs 571.6 crore in the year-ago period.