The mechanisation of cargo handling facilities in the Visakhapatnam Port Trust (VPT) would increase the cargo handling capacity of the port by additional 50 million tonne per annum, Ajeya Kallam, Chairman of the port informed reporters. The port recently commissioned the Rs 444.1 crore mechanised coal handling facility of Vedanta Resources at VPT. Following this, the outer harbour would be totally clean and prevent vehicular movement which spreads coal parti
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Vizag port gets court notice on modernisation project
Visakhapatnam Port Trust received a notice from the Andhra Pradesh High Court, which is hearing a petition filed by the workers union against the port's plan to rope in a private party for modernisation and upgradation of facilities at the ore handling complex (OHC). It may be noted that the port invited global tenders for the project, which it intends to implement on design, build
Vizag port did not get bids for WQ berths project
Private players have not shown interest in bidding for the WQ North berthsÂ’ improvement project, which Visakhapatnam Port Trust plans to implement. The port trust did not receive bids for the WQ 7 and 8 berth mechanization under WQ North project when the bids were opened. The port authority wanted to implement the project at a cost of Rs 393 crore. Vedanta and Essar would be main contenders for mech
Vizag Agriport awaits award of Rs 217.58 cr project
Vizag Agriport hopes to secure the Rs 217.58 crore fertiliser terminal mechanisation project from the Visakhapatnam Port Trust (VPT) by March. VPT signed a 30-year concession agreement with
Vizag Agriport in May last year for mechanisation of East Quay 7 on design, build, finance, operate and transfer basis. It may be recalled that the Vizag Agriport, a 74:26 joint venture between ABG-LDA Bulk Handling and IL&FS Mari
VPT to raise cargo handling capacity
Visakhapatnam Port is in the process of raising its cargo handling capacity to to 139.67 million tonne (mn t) by 2016-17 and 148.67 mn t by 2019-20 with an investment of nearly Rs 14,000 crore on mechanisation or modernisation. The port currently has a capacity of 66 mn t. It is expected to handle 60 mn t cargo in 2012-13 as against the t
VPT to raise cargo handling capacity
Visakhapatnam Port is in the process of raising its cargo handling capacity to to 139.67 million tonne (mn t) by 2016-17 and 148.67 mn t by 2019-20 with an investment of nearly Rs 14,000 crore on mechanisation or modernisation. The port currently has a capacity of 66 mn t. It is expected to handle 60 mn t cargo in 2012-13 as against the t
ABG-LDA ties up fund for berth project
ABG-LDA Bulk Handling said it achieved financial closure for the Rs 310 crore mechanized fertiliser berth project at the Visakhapatnam port. A consortium of four banks headed by the SBH has funded the project which would vastly improve the operational efficiency and reduce pollution at the port, as it would obviate the need for multiple handling. The company aims
Federation seeks changes in tariff regulatory system
The All India Port and Dock Workers’ Federation urged the government either to bring all ports including minor ports under the purview of Tariff Authority for Major Ports (TAMP) or permit major ports to work independently by scrapping the authority.SR Kulkarni, President of the federation pointed out that even though the handling charges are regulated by the TAMP, the minor ports do not fall under its
Vizag Port’s proposed berth project may cost Rs 4 bn
According to media reports, the proposed second container berth project at Visakhapatnam port may cost
Rs 3
VPT to shortlist bidders for berth project
Reports suggest that the Visakhapatnam Port Trust would examine the seven bids received for the Rs 300-400 crore second container berth project and would short
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