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Dhaka, Delhi finalise 14 projects worth $1 bnJuly 21, 2010 Dhaka and New Delhi have finalised 14 development projects to be implemented with an Indian loan of $1 billion.Both the countries will be directly benefited as some of ... Read more |
Eredene consortium wins Ennore Port container terminal bidJune 28, 2010 A consortium of private equity firm Eredene Capital Plc has won the bid to build and operate the £207 million ($312 million or Rs 1428 crore) Container Terminal ... Read more |
Captain of Karachi-bound ship quizzedJune 28, 2010The captain of the Karachi-bound ship, laden with military hardware, ammunition and explosives, was questioned after the papers provided by him were not in order and officials said ... Read more |
KoPT lays strategy to improve transport, cargo facilitiesJune 28, 2010Kolkata Port Trust (KoPT) outlined three major initiatives to improve its transport and cargo facilities."Three issues which we have decided to takeup are dredging, opening up of the ... Read more |
Posco begins construction of warehouse at Dighi PortJune 21, 2010 Posco, the fourth largest steel producer in the world, has begun construction of a warehouse at Dighi Port in Maharashtra with a capacity to handle 360,000 metric tonnes ... Read more |
Port officers threaten mass casual leave on July 5June 23, 2010 Over 250 officers of the Jawaharlal Nehru Port Trust (JNPT) have threatened to go on a mass casual leave on July 5 as part of a nation-wide action ... Read more |
New plan in place of NMDP soonJune 22, 2010 The government announced it will come up with a new 10-year plan to boost the country's shipping sector in two months.The new plan will replace the existing over ... Read more |
New Deputy Chairman of Kolkata Port Trust Normal 0 false false false EN-US X-NONE X-NONE ... Read more |
Essar starts operations at Hazira Bulk TerminalNormal 0 false false false EN-US X-NONE X-NONE ... Read more |
Secretary reviews Vallarpadam workNormal 0 false false false EN-US X-NONE X-NONE ... Read more |
ICTT Tariff to Match Transshipment PortsNormal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ ... Read more |
CCI nod for ParadipNormal 0 false false false EN-US X-NONE X-NONE ... Read more |
Cochin Port to renovate its dry dockThe Cochin Port Trust (CoPT) is planning to renovate and modernise its workshop and drydock facilities with private participation in order to tap opportunities in the repair of small vessels. ... Read more |
Move to establish AN port trustThe Union Government has approved the proposal of the Ministry of Shipping to declare Andaman and Nicobar port as a major port and establish the Andaman and Nicobar Port Trust ... Read more |
JNPT receives bids for fourth container terminalThe Jawaharlal Nehru Port Trust (JNPT) has received eight initial bids for developing the Rs 6 billion fourth container terminal at the port. The bids have been received from DP ... Read more |
Krishnapatnam port to set up an SEZThe Krishnapatnam port in Andhra Pradesh is drawing up plans for setting up a special economic zone (SEZ) on 12,000 acre of land in its vicinity. The company has formed ... Read more |
Budget 2010 - Snapshots for the Port SectorProposed Amendments Direct Tax – Sector Specific Proposals • Increase in Minimum Alternate Tax rate from 15% (effective 16.995%) to 18% (effective 19.931%) would further neutralise the tax holiday otherwise available ... Read more |
Major ports attract lesser investmentsFebruary 22, 2010 According to Associated Chambers of Commerce and Industry (Assocham), major port projects have attracted only $3.21 billion worth of investments since the beginning of the current Eleventh Five ... Read more |
Competitive tariff package plannedFebruary 22, 2010 In view of attracting mother ships to international container transshipment terminal ICTT) at Vallarpadam, the Ministry of finance is in the process of devicing a trade-friendly tariff package ... Read more |
Major port in the AndamansFebruary 22, 2010 The Ministry of Shipping is considering to confer the major port status to Andaman and Nicobar Islands port. To this extent, the ministry will soon send a proposal ... Read more |
GMB ups investment in non-major portsFebruary 15, 2010 The Gujarat Maritime Board (GMB) has projected a total investment of $6.4 million in the state’s non-major ports sector by 2015. In the last decade, the non-major ports ... Read more |
BCCI urges government to expedite dredging processFebruary 15, 2010 The Bengal Chamber of Commerce and Industry (BCCI) has suggested to the Ministry of Shipping (MoS) to identify an alternative site down the Hooghly River, closer to the ... Read more |
New Mangalore registers growthFebruary 15, 2010 The New Mangalore Port Trust (NMPT) has witnessed growth in container and railway-bound traffic during the current financial year 2009-10. The port handled 0.03 million twentyfoot equivalent units ... Read more |
Ennore-Manali project: Chennai port to invest Rs 139.80 croreFeb 10: The Ennore-Manali Road Improvement Project (EMRIP) and the Elevated Four Lane Corridor Project (EFLCP) from Chennai Port to Maduravoyal (Maduravoyal Elevated Expressway) are likely to be completed in ... Read more |
Krishnapatnam Port sets new recordFebruary 3, 2010 At the onset of year 2010, records are tumbling at Krishnapatnam Port It achieved the highest discharge rate of 42,527 MT of coal in 24 hrs for vessel ... Read more |
Indian port capacity to cross 1 b tonnes - Shipping MinisterJanuary 28, 2010 Minister for Shipping, GK Vasan stated that Indian shipping will have two significant milestones in 2011. The Indian ports' capacity will cross 1 billion tonnes and tonnage carried ... Read more |
PPPAC approves PPP Projects worth Rs. 4120.29 croresJanuary 28, 2010The Thirtieth PPPAC meeting, chaired by Finance Secretary, met on January 6, 2010 and granted approval to 4 projects of Ministry of Shipping. These projects are in 3 ... Read more |
Louis Cruises ends honeymoon in IndiaJanuary 18, 2010What was considered to be the revival of cruise shipping in India has ended abruptly. The Greece-based Louis Cruises which started the cruise tourism operations from Kochi in ... Read more |
Somali pirates free oil tanker after record ransomJanuary 18, 2009 / ReutersThe Maran Centaurus was seized on November 29 with 16 Filipinos, nine Greeks, two Ukrainians and a Romanian on board. An aircraft dropped a ransom believed ... Read more |
Port of Tanjung Pelepas hits 6 million TEU markJanuary 12, 2010 The Port of Tanjung Pelepas (PTP) recorded another year of growth in 2009 retaining its position as Malaysia’s leading container terminal.PTP Chairman Datuk Mohd Sidik Shaik Osman said ... Read more |
Second jetty at Vadinar commissionedJunaury 11, 2010 Essar Oil has commissioned its second product jetty at Vadinar in Jamnagar district of Gujarat. The jetty which has a capacity of seven million tonnes will be used ... Read more |
Port workers call off strikeJanuary 05, 2009 After the Indian Ports Association (IPA) agreed to the wage-related demands of the Port and Dock Workers Federation, the proposed strike was called off. The unions wanted the ... Read more |
Gujarat Pipavav Port plans raising Rs 500cr via IPOJanuary 04, 2009 Private port developer and operator Gujarat Pipavav Port Ltd (GPPL) plans to raise nearly Rs 500 crore through an initial public offer (IPO) and has filed draft papers ... Read more |
Ministry hopeful of averting indefinite port strikeJanuary 03, 2009The Shipping Ministry expressed hope that the indefinite strike called by the port unions starting January 04, 2009 would be averted.Minister of State for Shipping Mukul Roy said ... Read more |
LNG Terminal at Kochi to commence operations by March 2012January 02, 2009 A meeting was conducted by the Cochin Port Trust to review the implementation of the Puthuvypeen LNG terminal project in the port. Work on the terminal is expected ... Read more |
MoS objects to MoEF’s draft policyJanuary 02, 2009 The Ministry of Shipping (MoS) has rasied objections to the new draft policy on the development of ports proposed by Ministry of Environment and Forests (MoEF). The shipping ... Read more |
Private ports to go for IPO in 2010The year 2010 is will witness some of the private ports in India raising capital by selling shares through initial public offering. The ports that have so far decided to ... Read more |
Tuticorin to get captive terminalThe shipping ministry approved the setting up of a captive handling terminal by Neyveli Lignite Corporation (NLC) at the Tuticorin Port. The terminal will be constructed at a cost of ... Read more |
Iron ore terminal at MangaloreSical Logistics Ltd is learnt to have received a Letter of Acceptance from the New Mangalore Port Trust for setting up an iron ore handling facility at the deep draft ... Read more |
Pipavav ties up with CMA CGMPort Pipavav has tied up with French Container Liner CMA CGM for bringing in cargo through their ships to the Gujarat-based port."Pipavav Port signed a contract with the container liner ... Read more |
Importers asked to clear portsIndia is pushing leading importers to quickly clear stocks of imported sugar from ports to improve domestic supply, and may confiscate consignments that are not moved out, senior government officials ... Read more |
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