The Kerala government has decided to set up a company for developing/expending Azhikkal port in the Kannur district of Kerala.
The company will have a capital of INR 100 crore. Initially, a technical consultant will be identified for the purpose.
The aim is to complete the first phase of development by 2020 and the second phase by mid-2021....
The Shapoorji Pallonji Group has submitted a bid to build an LNG regasification terminal at the Mumbai Port Trust (MbPT).
Shapoorji Pallonji Infrastructure Capital Company Limited (SP Infra), a unit of the Mumbai-based conglomerate, is one of the two entities that have submitted bids to develop a floating storage and regasification unit (FSRU) that can load 3.5 million tonnes per annum (mtpa) of LNG at Mumbai Port.
Unlike a conventional, high-cost LNG regasification terminal, a floating unit is a cost-effective and faster way to secure energy supplies.
It allows loaded LNG carriers to dock alongside for a ship-to-ship transfer of LNG.
Paradip Port Trust (PPT) has kick-started a massive plantation drive inside the Harbour Area on August 22, 2017.
N. Vaiyapuri, Deputy Chairman, inaugurated the environment-focused programme at TT-3 area of Mechanised Coal Handling Plant (MCHP). Saplings of medicinal/herbal and fruit trees were planted by the Heads of the Departments of PPT and by P. C. Mohanty, ACF, Kujang Division, government of Odisha, along with the officers and staff of the MCHP.
PPT has plans to undertake more such plantations in and around the Port throughout the year, said a release....
South Central Railways (SCR) will run two special trains between Howrah - Secunderabad as detailed below: Train No. 07183 Howrah - Secunderabad Special Train will depart Howrah at 1:30 hours on August 27 and arrive Secunderabad at 09:15 hours on the next day.
Train No. 07183 Howrah - Secunderabad Special Train will depart Howrah at 01:05 hours on August 29 and arrive Secunderabad at 04:00 hours on the next day. Halts are at Kharagpur, Balasore, Bhadrakh, Jajpur K Road, Cuttack, Bhubaneswar, Khurda Road, Balugan, Berhapur, Palasa, Srikakulam Road, Vizianagaram, Visakhapatnam, Rajahmundry and Vijayawada.
Train No. 12723 Hyderabad – New Delhi Telangana Express ...
The Cochin Port Trust is expected to have facilities soon at its special economic zone for re-export of cotton that is imported from different countries and not used in the domestic market.
A.V. Ramana, Deputy Chairman of the port, said the Chief Commissioner of Customs was finalising the response for the proposal. The port currently handles cotton imported in containers. But, it did not allow re-export of the cotton that was not used here and the proposal was to introduce the facility as done at Thoothukudi.
Ramana said that there was a proposal to have rail connectivity between Bengaluru and Kochi for movement of goods for shipment. This could be connected to Co...
Ports in Andhra Pradesh are witnessing reduced cargo in exports and imports, due to slump in international market prices and the national policy in coal cargo. Cargo shipments have been hit hard by the weak global economic scenario.
Although the target for cargo volume this year has been set at 79.96 million metric tonnes (MMT) as against last year’s target of 69.6 MMT, the five ports in Andhra Pradesh have achieved just 27.693 MMT in volume of cargo handled in exports and imports.
Krishnapatnam Port handled 13.781 MMT, out of its target of 43 MMT. Gangavaram Port handled 8.46 MMT, out of its target of 18 MMT; Kakinada Deep Water Port 4.398 MMT, out of 15.48...
Visakhapatnam, the port city with the presence of the world class Visakha Container Terminal (VCT), has witnessed a variety of cargoes and is now planning to expand its horizon further, targeting new cargoes.
Dr D.K. Srinivas, IRS, Commissioner of Customs, Visakhapatnam, after having taken charge recently, visited Visakha Container Terminal to understand the cargo growth potential wherein new cargoes like white goods (electrical and electronics), FMCG products, fruit imports, etc., were discussed, and how VCT could be the gateway on the east coast of India catering to the vast hinterland.
The Customs Commissioner assured that Visakhapatnam Customs is ready to give...
M V Krishnababu, Chairman of the port said, Visakhapatnam Port Trust (VPT) has handled 22 million tonnes (mt) of cargo during first five months of the current financial year.
Speaking in the port after hoisting the National Flag, he said the port was well on its way to reaching the annual target of 65 mt. The port handled 61.02 mt during the last financial year.
The port was measuring up to the challenge from private ports in the vicinity. The old and shallow berths are being rebuilt, and the old cranes being replaced. Road evacuation is augmented by making the existing two-lane port road into a four-lane one. Railway lines are being upgraded.
The Airports Authority of India (AAI) has pipped GMR in bagging the mandate for developing the greenfield Bhogapuram airport in Andhra Pradesh.
Ajay Jain, Principal Secretary Industries, Energy and Infrastructure, Andhra Pradesh Government said, “In the financial bids opened on Monday, AAI offered a revenue share of 30.2% as against GMR’s 21.6%, thereby managing to outbid GMR for development of the airport.”
He said that “The empowered group of secretaries will present the details of the financial bids and respective offers made by AAI and GMR. It is for the State Government and Cabinet to finalise the offer.”
Only AAI and ...
Spot rates for shipping containers from Asia to northern Europe in the week ending Friday declined 1.4% to USD 918 per Twenty Foot Equivalent Unit (TEU), according to the Shanghai Containerised Freight Index (SCFI).
Asia-Mediterranean trade dropped 2.1% to USD 831 per TEU.
Asia to the US west coast rates were up 1.2% week to week to USD 1,659 per FEU while those to the east coast fell 1.1% to USD 2,592 per FEU....