TransREporter Google

Top News

|  Minister says: Delhi-Jaipur Highway toll pact canít be annulled  |    |  Shipping Corp. India posts over 7 fold jump in net profit  |    |  APL to launch new Panama-US East Coast service  |    |  SpiceJet raises INR 300 cr to add more aircraft  |    |  New budget airlines to operate from Terminal 3 of IGI airport  |    |  Kansas City airport volumes rise 3.4% in March to 15.8 million pounds  |    |  HAL completes noise measurement flight trials for ALH-Dhruv  |    |  SPV formed for the development of the proposed Greenfield airport  |    |  No need to import thermal coal once production hits 1 bn  |    |  Freight train breaks down  |    |  Maersk Line to increase Asia-Europe rates by USD 800 TEU June 1  |    |  Samsung to build LNG carriers with Cochin Shipyard  |    |  AirAsia to start New Delhi services from May 21  |    |  Rlys April freight earnings up by over 17% from last year  |    |  Kandla Port achieves new record on mv Venus History  |    |  Shipping Ministry asks for INR 448 cr to give land for Sewri-Nhava link  |    |  Delhi Metro coaches deftly discharged at Mundra Port  |    |  SCI to review useful life of ships  |    |  SpiceJet launches special charges to mark 10th birthday  |    |  Andal airport gets first flight  |   
You are here: Home » Shipping News » Shipping
Shipping

SpiceJet raises INR 300 cr to add more aircraft 22 May 2015

SpiceJet, the Delhi-based low cost airline, has raised an additional INR 300 cr from various sources and plans to have a fleet of 45-50 aircraft by March 2016.

The airline currently has a fleet of 35 aircraft including 20 Boeing 737 aircraft.

The "various sources" from which the additional funds were raised was not immediately made available, with senior company officials only indicating that the funds had already been arranged.

At its board meeting here on Thursday the airline approved the appointment of three persons including Ajay Singh and his wife Shiwani Singh as directors on the board of SpiceJet.

"Ajay Singh has been de...

Shipping Corp. India posts over 7 fold jump in net profit 22 May 2015

Shipping Corporation of India (SCI) today reported more than seven-fold jump in net profit at INR 101.49 crore for the quarter ended March 31, 2015 due to gains from sale of ships.

The largest domestic ship liner had recorded a net profit of INR 13.24 crore in the year-ago period.

The company said in a BSE filing, total income from operations fell to INR 1,076.96 crore in the fourth quarter of 2014-15 from INR 1,281.94 crore in the corresponding period of the previous year.

The company’s profit from sale of ships during the quarter stood at INR 35.03 crore. Total expenditure fell to INR 948.97 crore from INR 1,244.26 crore.

For the full...

Kandla Port achieves new record on mv Venus History 20 May 2015

Once again history made at Kandla Port by Maheshwari Handling Agency Private Limited creating highest coal quantity discharge in one day.

Mv Venus History with B/L quantity of 77,000 mts Indonesian coal has been arrived on 15th May 2015. After lighterage she berthed on next day evening. She has unloaded 50,139 mts Indonesian coal in just 24 hrs on 18th and sailed on same day.

With extraordinary Port infrastructure and Maheshwari Handling Agency Pvt Ltd owned sufficient equipments, this tremendous unloading of 50,139 mts Indonesian coal surpassed their own previous National Record made on Independence Day 15th August 2014 whereby 49237 mts Indonesian coal discharge...

Delhi Metro coaches deftly discharged at Mundra Port 20 May 2015

On May 14, 2015, the Adani Ports & SEZ (APSEZ) team skilfully discharged a consignment of six rail coaches of Delhi Metro that arrived at Mundra Port on the vessel MV Da YU XIA.

The APSEZ team made all the pre-arrangements and offloaded the coaches from the ship in a record time of 12 hours net. According to a release, it was a challenging job to handle these over dimensional consignments from ship hatches given the strong winds. The APSEZ team did it with utmost care and precision, the release highlighted.

...

SCI to review useful life of ships 20 May 2015

Shipping Corporation of India (SCI) has told the Bombay Stock Exchange (BSE) in a regulatory filing that it may review the useful life of its vessels after discussing the matter in its Board meeting.

The company said that "A meeting of the Board of Directors of the company, scheduled to be held on May 21, inter alia, may discuss the agenda with regard to revision in useful life of the ships of SCI.”

After its acquisition in March of a VLCC, SCI’s fleet currently comprises 69 ships of 3.29 million GT and 5.89 million DWT.

...

Coal India subsidiary looking to operate berth at Paradip Port 19 May 2015

Mahanadi Coalfields is reportedly looking at operating a berth at Odisha’s Paradip Port as it intends shipping more of the dry fuel to customers in southern India.

If the proposed project is approved by its parent, Coal India Limited (CIL), this will be the first berth to be operated by CIL as part of its plan to expedite the evacuation of coal.

The berth that Mahanadi seeks can now handle around 20 million tonnes (mt) a year. The company wants to enhance volumes to about 40 mt.

...

Coal handling at Major Ports up 36% in April 19 May 2015

The handling of thermal coal at the country’s Major Ports rose by 36% to around 8.3 million tonnes (mt) in April 2015 as against 6.1 mt in the same month a year ago, the latest data from the Indian Ports Association (IPA) showed.

Imports of coking coal increased by 20.8% to 2.9 mt during the month.

The highest volume of thermal coal imports in April was handled by Kamarajar Port, at 2.4 mt, showing a 26 per rise from 1.9 mt a year ago, while Mormugao Port received the highest coking coal shipments in April, at 7,64,000 tonnes, up from 625,000 tonnes in April 2014, registering a gain of 22%.

...

JNPT net up 14% at INR 312 cr in six months ended March 2015 19 May 2015

Jawaharlal Nehru Port Trust (JNPT) today reported a 14% rise in its standalone net profit at INR 312 crore for the six months ended March 31, 2015.

The country’s largest container port had posted a net profit of INR 272.60 crore in the year-ago period, it said in a BSE filing.

Standalone operating income of the Mumbai-based firm rose marginally to INR 797.30 crore in the October-March period of the last fiscal from INR 789.20 crore in the same period of the 2013-14 fiscal.

For the entire 2014-15, its standalone net profit rose 10% to INR 555.70 crore from INR 506.30 crore in 2013-14.

Standalone operating income grew by 12% to INR 1,507....

Asia-N.Europe container freight rates drop 23.6% last week 18 May 2015

Shipping freight rates for transporting containers from ports in Asia to Northern Europe dropped 23.6% to USD 658 per 20-foot container (TEU) in the week ended on Friday, data from the Shanghai Containerized Freight Index showed.

The drop in freight rates on the world's busiest shipping route had been widely predicted following a short-lived surge in spot rates in the previous week.

In the week to Friday, container freight rates plunged 22.6% from Asia to ports in the Mediterranean, fell 7.8% to ports on the U.S. West Coast and were down 2.9% to ports on the U.S. East Coast.

Chief Executive Nils Smedegaard Andersen of A.P. Moller-Maersk, which owns ...

Essar Ports Q4 Net Profit Rises 15% to INR 105 cr 18 May 2015

Essar Ports reported over 15% increase in consolidated net profit at INR 104.6 crore for the quarter ended March 31, 2015. It said that the company had posted a net profit of INR 90.8 crore in the same period last year.

The total revenue of the company declined to INR 413.21 crore during the fourth quarter of the 2014-15 from INR 663.27 crore in the same period in the corresponding year.

The fourth quarter revenue slipped as there was no sale of traded goods and much of the income was generated from ports and terminal services in the said period.

The company's expenses declined to INR 112.46 crore from INR 431.33 crore in the said period.

...

Port of LA cargo traffic fall 6% in April 16 May 2015

Cargo volumes at the Port of Los Angeles (LA) declined by roughly 6% in April as shipping activity continued to be affected by the lingering effects of winter’s labor strife.

That’s the view as expressed by Port of Los Angeles spokesman Phillip Sanfield, who said shipping volumes have likely fallen off because cargo ships have not returned to normal schedules after being backed up outside the harbor earlier this year during the difficult final months of labor negotiations between dock workers and their employers.

Sanfield said, “In March, a lot of the ships unloaded here and went back to Asia and didn’t get back to their routine rotations.&...

Govt. to go ahead with performance audit of Vallarpadam container terminal 16 May 2015

The Shipping Ministry will go ahead with a performance audit at the International Container Transhipment Terminal at Vallarpadam (ICTT) here.

The Ministry has entrusted the audit wing of the Comptroller and Auditor General (CAG), Chennai, with the job and is awaiting concurrence from the terminal operator, DP World.

The operator’s consensus is mandatory in such cases.

The move assumes significance at a time when the underperformance of the Vallarpadam terminal, which was commissioned in 2011, has become a concern for the stakeholders, including the Ministry, Kochi Port and shippers.

DP World had not responded so far. Since the Vallarpad...

Fall in iron ore imports affects ports business 15 May 2015

A drop of 75% in iron ore imports, followed by 25% in fertilizers drastically impacted the total business of major ports in April 2015, compared with the corresponding period last year. Petroleum, oil and lubricants imports also reported 9.5% drop, due to fluctuating rates in the global arena.

On the other hand, ports handled 58% more thermal and cooking coal during April 2015. In all, major ports reported a marginal 1.06 increase over the previous year at 47.88 million tonnes (mt).

Among the ports, Kamarajar led the show with an increase of 26.50% in thermal coal and POL. Chennai Port, JNPT and Kandla Port also reported a marginal increase in imports of POL. Hald...

Adani Ports set to develop Vizhinjam project 15 May 2015

As the report of the panel headed by the Kerala Chief Secretary, Jiji Thomson, has been approved, it now only requires the state Cabinet’s nod to sign up Adani Ports to develop the port superstructure and operate the proposed Vizhinjam multi-purpose seaport and international container transshipment terminal (ICTT).

Incidentally, Adani Ports was the sole bidder for the INR 7,525-crore project. Its April 24 bid had sought INR 1,635 crore as grant for the public-private partnership (PPP) project, which is to be executed in partnership with the state government.

Sources added that the PPP component of the project will cost INR 4,089 crore.

Of this, 40...

EPL takes over iron ore handling complex at Visakhapatnam Port 15 May 2015

Essar Ports Limited (EPL) has taken over the government-owned Visakhapatnam Port Trust (VPT) iron ore handling complex on a build-operate-transfer basis for 30 years.

Essar Vizag Terminals, a wholly-owned subsidiary of EPL, will build 3 berths (two outer harbour berths and one inner one) with a combined capacity of 23 million tonnes per annum (mtpa) in two phases.

MT Krishna Babu, Chairman of Visakhapatnam Port Trust said, “Enhancing the cargo handling capacity and mechanisation of port facilities for efficient management is crucial for long-term sustenance. We are very sure that Essar will develop the OHC facility with latest state-of-the-art handling facil...

Kochi port to emerge as country best bunkering service point 13 May 2015

As Cochin Port Trust (CPT) prepares to host the second international bunkering conference on May 15, it is all set to emerge as India's favourite bunkering service point.

Encouraged by 20% growth in bunkering volumes year-on-year, the port has already offered 100 acre SEZ near the port facility at Puthuvypeen to accommodate the future growth potential of the bunkering service. The proximity to the international sea route and rates termed as most competitive among South Asia ports are projected as the chief advantages of the bunkering services from Kochi port. 

The port spokesman said the tax rates for both coastal and foreign vessels are the lowest in the...

Kandla Port sets new dry cargo handling record 13 May 2015

Kandla Port has bettered its own record in a matter of days by handling 1.75 lakh tonnes of dry cargo in 24 hours on May 10, 2015, surpassing the previous best of 1.62 lakh tonnes on May 2.

The Port management congratulated the agents, stevedores and all others who made this possible, and expressed the hope of even better performance in future.

...

Adani Ports to set up Vizhinjam seaport project in Kerala 11 May 2015

Adani Ports has been entrusted with the responsibility of setting up the INR 7,525 crore Vizhinjam Seaport project in Kerala.

Now that the report of the panel headed by Kerala Chief Secretary Jiji Thomson has been approved, it only needs a state Cabinet nod to sign up the Adanis to build the port superstructure and operate the proposed muli-purpose seaport and International Container Transhipment Terminal (ICTT).

The Adanis had put in its bid on April 24 and had sought INR 1,635 crore as grant for the PPP project, to be executed in the partnership with the state. After a detailed vetting by the law and purchase departments, the State Government had cleared the leg...

KPT issues RFP to develop smart city 11 May 2015

Kandla Port Trust (KPT) has issued a request for proposal (RFP) for the appointment of advisors to develop a Smart Industrial Port City (SIPC) near the Port.

This is in tune with the government’s ambitious plan to have a smart city around each of the country’s Major Ports.

According to a KPT communiqué, the RFP, with detailed scope of work and the terms and conditions, is available on its website. The last date for submission is June 24, 2015.

KPT said that Interested parties can also contact the Executive Engineer (Construction). It has been reported that the first such smart city would be coming up near Kandla Port in a few years ti...

Shipping Corp. India strengthens flagship ISE service by inducting new vessel 11 May 2015

The Shipping Corporation of India (SCI) has consolidated its position in its flagship Indian Subcontinent Europe (ISE) service by inducting the 8,540 Twenty Foot Equivalent Unit (TEU) ship mv SEROJA LIMA.

The chartered vessel, built in 2011 by MHI at its Nagasaki yard, made its maiden call at Jawaharlal Nehru Port’s NSICT on Saturday, May 9, 2015.

As the service enters its 22nd year of existence, SCI has reiterated its commitment to the trade by offering very competitive transit times from India to England and North Continent destinations, highlighted a release.

...

Container traffic at Major Ports up 3% in April 11 May 2015

Container volumes at Major State-owned port complexes in India expanded 3.9% year-over-year in April, the first month of fiscal year 2015-16, continuing a healthy growth trend seen during the past year.

Total container throughput at India’s 12 Major Ports reached 660,000 Twenty Foot Equivalent Units (TEU), up from 635,000 TEU in the corresponding month last year. Containerized cargo tonnage was up 5.3%, at 10.2 million tonnes (mt), the data showed.

Jawaharlal Nehru Port Trust (JNPT), or Nhava Sheva, handled 369,000 TEU, up from 364,000 TEU. The three container terminals in Nhava Sheva together account for nearly 60% of total containerized cargo moving via In...

Gujarat Pipavav Port to fund expansion via internal accruals 09 May 2015

Gujarat Pipavav Port today said it will now fund its expansion plans through internal accruals as it terminated loans from the multi-lateral agency IFC.

"In view of its business performance and cash flows, the board of directors decided to cancel the ECB (external commercial borrowing) loan from the International Finance Corporation and will now fund the ongoing expansion plan through its internal accruals," Gujarat Pipavav Port Limited BSE 6.19 % said in a filing to BSE.

GPPL further said it expects the cancellation of loan to not impact timely completion of the project or the company's ability to pay dividends in future.

It said that &qu...

Centre allows imports of vehicles through 2 minor ports 09 May 2015

The Centre has decided to allow import of vehicles through the Kattupalli port near Chennai, and Pipavav port, a move which would result in reduced transaction costs for the original equipment manufacturers.

Minister of State for Shipping Pon Radhakrishnan in a written reply in the Lok Sabha recently said that in order to increase vehicle imports ,to reduce handling issues and transaction costs for manufacturers, the Centre had recently decided to add two more non-major ports, namely, Kattupalli port and Pipavav port, for the import of vehicles.

The Jawaharlal Nehru port, Mumbai port, Kolkata port, Chennai port, Kamarajar port and Cochin Port, are permitted by the...

India and Iran sign deal on developing Chabahar Port 08 May 2015

Notwithstanding US objections, India went ahead with the signing of an agreement with Iran for the development of the strategically important Chabahar Port which will give India sea-land access route to Afghanistan bypassing Pakistan.

The pact was signed after comprehensive talks between visiting Road Transport and Highways Minister Nitin Gadkari with the Iranian leadership here.

A source said that, “The Memorandum of Understanding (MoU) was signed after the talks between the 2 sides.”

Iranian President Hassan Rouhani, in his meeting with Gadkari, said, "Resumption of Iran-India cooperation in the southeastern Iranian port city of Chaba...

Proposed Kakinada SEZ envisages new port 08 May 2015

There is provision for a new port as part of the proposed Kakinada special economic zone (KSEZ) project at Perumallapuram, said the Andhra Pradesh Chief Minister, N. Chandrababu Naidu, after inaugurating the tax-free enclave here recently.

He added that It would be the second port, after Kakinada, in the East Godavari district.

...

Sagarmala project turns to be ambitious for Kochi Port 07 May 2015

The ambitious Sagarmala project for the comprehensive development and diversification of activities at Major Ports in the country has received a guarded welcome by port workers’ Unions in Kochi.

The Sagarmala project, which remained on the drawing board for a long time, has been unveiled at a time when the Kochi Port is facing serious financial crisis. Even the timely disbursal of salaries and pension seems uncertain.

New ports and diversification of activities of Major Ports are not the urgent need of the hour. 

What is needed is full capacity utilisation of the Major Ports in the country, said C.D. Nandakumar, General Secretary of Cochin Po...

Union Shipping Minister introduces National Waterways Bill in Lok Sabha 07 May 2015

The Union Shipping Minister, Nitin Gadkari, has introduced the National Waterways Bill, 2015, seeking the development of 101 waterways across the country in the Lok Sabha.

Inland waterways, comprising rivers, lakes, canals, creeks and backwaters extend about 14,500 km across the country.

Gadkari had earlier said that the purpose of the waterways was not only to provide a cheaper mode of transport, but also to reduce the traffic burden on the roads.

...

Paradip Port achieves 2 coal loading records 07 May 2015

The Mechanised Coal Handling Plant (MCHP) of Paradip Port has achieved two records in thermal coal loading on May 3, 2015, onto the vessels MV JS POTOMAC and MV E R BILBAO.

A record quantity of 41,000 tonnes of thermal coal was loaded in a shift of 8 hours, surpassing the previous record of 40,751 tonnes loaded way back on October 21, 2006. Also, a record quantity of 1,07,268 tonnes of thermal coal was loaded on the same day, surpassing the previous record of 1,00,127 tonnes on January 31, 2015.

In the process, the plant achieved a loading rate of 3,170 tonnes per hour (tph) against the rate of 3,000 tph asked for by the ships.

M. T. Krishna Babu, IAS, ...

Adani Ports quarterly profit up 33% to USD 107 million, 42% more sales 06 May 2015

Adani Ports and Special Economic Zone Limited (APSEZ) has reported a 33% year-on-year increase in quarterly net profit to INR 6.61 billion (USD 107 million), drawn on consolidated total income of INR 18.3 billion, which increased 42%.

"The company has had another record year," said APSEZ chief executive Sudipta Bhattacharya.

He said that "We accelerated our growth and grew our cargo volumes by 28% and net profit by 33%.”

Bhattacharya said, "We also completed the Dhamra Port acquisition, commercialised the Tuna Port in record time and signed a 50:50 JV with CMA Terminals to build a brand new container terminal at Mundra."

Deal on Chabahar port likely during Nitin Gadkari Iran visit 06 May 2015

India is likely to sign an agreement with Iran for the development of the strategically important Chabahar port during Union Road Transport and Highways Minister Nitin Gadkari's visit to that country from tomorrow.

An official source said that "Gadkari is scheduled to visit Iran on May 5. During his visit India and Iran may sign a memorandum of understanding for development of Chabahar port.”

Significantly, last US Under Secretary of State for Political Affairs Wendy Sherman has said India and other countries should "not rush" into doing business with Iran as Washington is yet to work out its nuclear deal with Tehran. Chabahar port is loca...

Kakinada SEZ to get 2nd port in East Godavari 05 May 2015

The Kakinada special economic zone (KSEZ) project will be implemented in the right earnest, according to Andhra Pradesh Chief Minister N Chandrababu Naidu.

The AP CM also said that industrial units will come up and a port will be built in the KSEZ area at Perumallapuram in Thondangi mandal.

He said the State Government would soon announce a comprehensive tourism policy and grant industrial status to tourism projects. Referring specifically to KSEZ, he said the greenfield port at Perumallapuram was originally conceived as a captive port for the KSEZ units, but it would now be developed as a commercial port.

He added that on the proposal to set up an oil ...

Kandla Port Trust to grant priority berthing to steel cargo ships 05 May 2015

Kandla Port Trust (KPT) has decided to grant priority berthing to steel cargo ships on arrival, for a period of six months w.e.f. May 16, 2015.

According to a KPT communiqué, the move is aimed at tapping the potential in the hinterland and attracting steel cargo to the Port. It follows deliberations with the stakeholders.

The steel cargo vessels will be first accommodated in the vacant groups such as government, coastal and priority berthing.

In case all these groups are full, the vessels will be accommodated alternately at two berths of import and export.

...

BJP leader for setting up dry port in Telangana 04 May 2015

Senior BJP leader and former Mayor T. Rajeswar Rao urged the Central government to consider setting up a dry port in Telangana to boost commerce and industry.

Telangana districts produce cotton, rice, spices, silk, granite and turmeric but producers find it difficult to export their produce.

We have asked Minister Nitin Gadkari to consider Jammikunta in Karimnagar and Hasanparthi in Warangal district to set up a dry port, he said. Rajeswar Rao and a group of leaders from the district camped in New Delhi, seeking funds and projects for the State and Warangal district.

The BJP leaders also urged the Minister for Food & Public Distribution System, Ram ...

Govt. to table Inland Waterways Bill in Parliament on May 5 02 May 2015

Union Transport Minister Nitin Gadkari said that the Bill on converting 101 rivers across the country into waterways will be tabled in Parliament on May 5.

"The Inland Waterways Bill will be tabled (in Parliament) on Tuesday," he said at the opening of the Jorabat-Barapani bypass to the nation here.

Gadkari said the government is aiming to reduce traffic burden from roads and promote water transportation where the cost is barely 50 paise a km in comparison to Re 1 by railways and INR 1.5 a km through roads.

Inland waterways comprising rivers, lakes, canals, creeks and backwaters extend about 14,500 kilometer (km) across the country. However, p...

Ennore to be the deepest port in East Coast 30 April 2015

The Kamarajar Port, Ennore is all set to become the deepest among the Government owned Major ports in the East Coast as the port authorities plan to deepen its draft to 18 meters in the next few years.

The proposed deepening project will enable the port to take on board Cape size ships of 2 lakh dwt capacity.

Once the expansion works are completed, the city’s satellite port will be in a position to face the competition from private ports that have come up in the vicinity at Kattupalli and Krishnapatinam.

Krishnapatinam Port that has come up near Nellore in the private sector has a draft of 18 meters.

The port is able to attract huge ves...

Cochin Port handles largest-ever consignment 29 April 2015

The single largest consignment ever handled at Cochin Port Trust (ChPT), a project cargo weighing 700 tonnes, being transported from the Port to the BPCL Kochi Refinery through waterways on April 23, 2015.

...

Govt. takes steps to execute National Waterway project 29 April 2015

According to an official release, an office was recently opened in Bhubaneswar for the development of National Waterway No. 5, which will coordinate with all the stakeholders, including the government of Odisha.

A Memorandum of Understanding (MoU) with the Odisha government, Paradip Port and Dhamra Port Company was signed by the Inland Waterways Authority of India (IWAI) on June 30, 2014 for developing the commercially viable stretch of 332 kilometer (km) of NW-5 (588 km) in two phases.

The MoU incorporates the development of 201 km stretch of Pankopal/Jakodia to Paradip and Dhamra in phase-I and a 131 km stretch between Talcher and Pankopal/Jakodia in phase-II. W...

CMA CGM NEMO service to call Kattupalli on May 16 29 April 2015

CMA CGM has announced a Kattupalli port call for its flagship NEMO service.

This will be an ad hoc call and is scheduled for May 16, 2015, informed a company release.

The Box Emma Voy 5112 A will be the first direct Europe main liner call at Kattupalli.

CMA CGM is the first main line operator to have a direct mother vessel call ex-Chennai to the Europe and Mediterranean through the NEMO service, highlighted the communiqué.

This is in keeping with its commitment to the South India trade at large and Chennai in particular.

...

Hanjin Heavy wins CMA CGM trio of 20,600 TEU orders 28 April 2015

Hanjin Heavy Industries confirmed newbuild orders for three ultra-large container ships from CMA CGM.

Hanjin Heavy Industries Subic Bay, Philippines shipyard has been selected as the builder of three 20,600 Twenty Foot Equivalent Unit (TEU) containerships for CMA CGM, according to a statement by the shipbuilder.

According to the Korean shipbuilder, its shipyard in Subic, Zambales, plans to start delivering the ships by the second half of 2017. The Subic shipyard is capable of building two 20,000 TEU container ships at the same time.

The ships will feature 400 m in length, 59 m in width and 33 m in depth and are slated for delivery in 2017. The vessels w...

VPT launches beach nourishment 27 April 2015

Visakhapatnam Port Trust (VPT) has launched this year’s beach nourishment at Coastal Battery side after putting off its idea to pump out sand water at Kursura Submarine, identified as one of the highly vulnerable areas.

Dredging Corporation of India, which bagged the contract for completing the task, has deployed trailer suction dredger Dredge-20. The duration of the task depends on the sand it lays and for nourishment from the ‘Sand Trap.

The port developed Sand Trap in an area of three to four km between Dolphin’s Nose and South Breakwater to undertake nourishment since 1970s. Port sources said that the contract value is around INR 9 crore.

...

Adani Ports lone bidder for Vizhinjam project 25 April 2015

Adani Ports and Special Economic Zone Limited (APSEZ), country’s largest private multi-port operator, is the sole bidder to build the port superstructure and operate the ambitious Vizhinjam International Multipurpose Seaport project by partnering with the State.

When the five-time extended deadline for submitting the final bid for the ‘Mission 676’ project ended at 5 p.m. on Friday, only the Ahmedabad-based APSEZ had submitted the bid.

The port operator has sought INR 1,635 crore as grant for the seaport project. Of the five major port operating companies and consortia that responded to the global tender floated by Vizhinjam International Seaport...

JNPT plans to raise funds for major upgrade 24 April 2015

Jawaharlal Nehru Port (JNPT) is planning to raise funds for a two-year project that would expand its current six-lane evacuation corridor into 12 lanes.

DP World will also be assisting with the expansion by adding 800,000 Twenty Foot Equivalent (TEU) capacity to its own container terminal by the end of 2016.

JNPT has recently stated that it aims to become one of the top 10 global ports within the next five years by capitalising on its location.

JNPT deputy chairman Neeraj Bansal said, "We are looking at foreign loans since we have a natural hedge in terms of dollar income and the rates are almost seven per cent lower than the domestic rate.’<...

Ship repair industry falls short of INR 2,700 cr potential 24 April 2015

The ship repair industry in India has a potential of about INR 2,700 crore but the turnover has declined on account of various problems, including lack of affordable financing, Parliament was informed today.

Steps are being taken to promote the industry, Minister of State for Shipping Pon Radhakrishnan said in a written reply to Lok Sabha.

He said that "The ship repair industry has a sizeable potential of about INR 2,700 crore in India. However, India's ship repair turnover has fallen short of the potential.”

He added that the problems faced by the industry include lack of cheap and long-term financing as it does not enjoy infrastructure ...

Gangavaram port handles 20.74 million tonnes of cargo 24 April 2015

According to port authorities, the Gangavaram port has handled 20.74 million tonnes (mt) of cargoes during 2014-15 as against 15.81 mt during the previous financial year.

During the year, the port handled 15.70 mt of coal (11.32 mt the previous year), 1 mt of iron ore (1.37 mt), and 4.04 mt of other cargoes (3.12 mt).

The port is doubling its capacity from the present 30 mt to 60 mt with an investment of INR 1,300 crore. It is building an additional fully mechanised coal terminal capable of handling capesize ships upto 2 lakh DWT.

Three more multi-purpose berths capable of handling panamax ships are also being constructed as a part of the expansion proj...

Cochin Shipyard keen on setting up shipyard in Gujarat 23 April 2015

Cochin Shipyard Limited (CSL) is keen on entering business of setting up shipyard outside the State.

The public sector ship-building and ship-repair unit is exploring avenues for establishing a shipyard at Kandla in Gujarat.

CSL has invited expression of interest (EOI) from global entities to conduct techno-economic feasibility study for developing a shipyard at Tuna, Kandla Port in Gujarat.

The company is in the process of checking the technical feasibility and economic viability of setting up a shipyard at the 310 hectares of land available at the inter-tidal region of Tuna.

It is proposed to construct dry docks and allied facilities to cat...

Kakinada and Krishnapatnam Ports register 44% growth 22 April 2015

Development of ports alone can help increase trade and commerce in hinterland and develop the state’s economy as a whole, opined the speakers at the workshop on Port-Based Development in Andhra Pradesh, organized by The Andhra Chambers of Commerce and Industry Federation (ACCIF) in association with the Commissionerate of Customs – Vijayawada.

Presenting a comparative picture of the revenues earned through customs from the sea ports in the state during the previous two financial years and the projected revenue earnings for the current fiscal, Customs Commissioner S Khader Rahman said customs earnings reflected the business carried through ports in the form of impo...

KPL to develop 100-acre FTWZ 22 April 2015

The KPL Chairman and Managing Director, M. A. Bhaskarachar said that Kamarajar Port proposes to diversify cargo handling operations from next year, a move that will contribute to a quantum leap in its performance and competitiveness.

According to the Chairman, KPL is also planning to set up a 100-acre Free Trade and Warehousing Zone (FTWZ), for which a master plan is currently being prepared. Further, construction of the 1.4-million Twenty Foot Equivalent Unit (TEU) container terminal is making good progress, while preliminary work on the multi-cargo terminal by a private concessionaire is also progressing fast.

He said that "The first phase of the INR 1,270-...

Shippers get Asia-Europe rates as low as USD 350 per TEU 21 April 2015

The Shanghai Containerised Freight Index (SCFI) has spot Asia-Europe rates at USD 399 per Twenty Foot Equivalent Unit (TEU), but some shippers are beating that down to USD 350 per TEU this week.

Even though USD 399 per TEU is the lowest SCFI rate ever recorded for Asia Europe, some shippers can beat that - and say they consistently get better than historic low spot rates from carriers.

Shippers and forwarders say that even lower rates are being achieved by freight buyers with one quoted as saying he paid a bit less than "a bit less" than USD 800 per FEU.

Such was confirmed by a forwarder with offices in Shanghai and Hong Kong. JOC.com has regu...

Dredging to help Chennai Port handle larger cellular container ships 21 April 2015

The Chennai Port Trust (ChPT) said in a release, Chennai Port will be able to attract larger cellular container vessels once the capital dredging work at Ambedkar Dock is completed, and the depth at the second container terminal increased to 15.5 meters.

The fresh Request for Qualification (RFQ) for the Outer Harbour project was being formulated after discussions with prospective bidders.

The project will cater to a cargo mix comprising containers, dry bulk, break-bulk and liquid cargo over the long term. When commissioned, the port’s capacity would exceed by 100 million tonnes (mt) per annum.

The release said that work on the barge handling facil...

Essar Ports subsidiary signs contract with KPT 20 April 2015

The Vadinar Liquid Terminals, a subsidiary of Essar Ports, has entered into a Concession Agreement with Kandla Port Trust (KPT) for the development of marine liquid terminal facilities at Vadinar (Gujarat), consisting of one Single Point Mooring system and two Product Jetties, Essar Ports informed the Bombay Stock Exchange (BSE).

The concession period is 30 years.

...

SC wants clarity on handling of coal & iron ore by Chennai Port 20 April 2015

A Chennai Port Trust (ChPT) said that the Supreme Court (SC) has asked ChPT to clearly show that it could handle dusty cargo such as coal and iron ore with zero pollution.

It said that the SC directive came following a Special Leave Petition filed by the Port Trust to review the Madras High Court’s (HC) judgment banning the Port from handling dusty cargo.

It may be recalled that the handling of coal and iron ore had shifted to the nearby Kamarajar Port in Ennore in May 2011 following the HC’s order.

According to the release, ChPT told the SC that it would submit the proposal by the first week of July.

As for the cargo handled by C...

Kamarajar Port to invest INR 15 cr to create more car parking space 20 April 2015

R. Senthil Kumar, General Manager, said that Kamarajar Port Limited (KPL) has plans to spend INR 15 crore to create additional car parking space in the Port, which is expected to be ready by October.

Currently, KPL, which exports the highest number of cars from the country, can provide parking space for around 15,000 units at a time but additional space is needed, especially in the last week of the month when manufacturers try to export more units, Kumar said in a meeting organised by Kamarajar Port in association with the Madras Chamber of Commerce and Industry here.

During 2014-15, the Port handled 2.15 lakh automobiles, manufactured mainly by Nissan, Toyota, Fo...

JNPT, SCI, MbPT can raise INR 1 trillion in cheap foreign debt 19 April 2015

"There is something special about the JNPT, Shipping Corporation of India and the MbPT. They have dollar-equivalent of INR 4,000 crore revenue per year.

"The same dollar revenue can be used to raise up INR1 trillion worth of dollar funds in borrowings for up to 20-25 years at low interest rates," Gadkari told an industry event here over the weekend.

According to government data, the annual fund inflows through external commercial borrowings (ECB), which refers to commercial loans in foreign currencies, is around USD 30 billion.

Companies use this mechanism to raise low cost funds from abroad. Corporates which regularly tap the foreign mar...

ABG Shipyard scouts for investors to improve finances 18 April 2015

ABG Shipyard today said it is scouting for investors for improving its finances and its operational performance.

"The company is exploring the possibility of the investors so as to improve its financial and operational strength," ABG Shipyard said in a regulatory filing to the BSE. The company said that talks are at a preliminary stage.

At present, ABG Shipyard's total order book stands at INR 12,000 crore, of which defence orders are worth INR 1,500 crore, the rest being commercial.

ABG Shipyard is a leading private sector shipbuilding yard with a customer base all around the world. The company has executed many Shipbuilding and Ship-repa...

Shipping Ministry says: Haldia to become country first green port 17 April 2015

All-weather port Haldia in West Bengal is set to become the country's first green port soon.

Road Transport, Highways and Shipping Minister Nitin Gadkari said that "We are in the process of converting Haldia port as the country's first major green port. Railway engines, trucks and other vehicles there are being run on bio-diesel made at the port.”

Gadkari said the port has eight oil refineries for imported palm oil from Malaysia and it has been using its residue to manufacture 3 lakh litres of bio-diesel.

He said that "Emami Group has started manufacturing 3 lakh litres per day of biodiesel at Haldia which is being used in trucks...

SC directive to Chennai port on dusty cargo 17 April 2015

The Supreme Court has directed the Chennai Port Trust (ChPT) to come up with a comprehensive proposal with technical inputs to show that it can handle dusty cargo such as coal and iron ore with zero pollution.

The court was recently hearing a Special Leave Petition filed by the port trust to review the Madras High Court’s judgment banning the port from handling dusty cargo to curb pollution in the city, says a press release from ChPT.

In May 2011, coal and iron ore handling was shifted to the nearby Kamarajar port in Ennore following the Court order.

Meanwhile, the Chennai port handled 52.54 million tonnes (mt) of cargo in 2014-15, an increase by ...

Kamarajar Port to invest INR 15 cr to create more car parking space 17 April 2015

R Senthil Kumar, General Manager, Kamarajar Port Limited said that Kamarajar Port, which exports the highest number of cars from the country, is creating additional parking space for cars. It will invest INR 15 crore for the additional parking space, which will be ready by October.

Kumar was responding to comments by Hidehiro Ishiura, Director, General, JETRO, Chennai, who said that Japanese car manufacturers have voiced their concern over lack of parking space at the port leading to congestion.

At a trade meeting organised by Kamarajar Port in association with the Madras Chamber of Commerce and Industry, Kumar said the port can now park around 1,500 cars at a tim...

ABG Shipyard to bring equal partner by mid-August 16 April 2015

ABG Shipyard, India's largest private shipbuilding company, would bring an equal partner in the business by mid-August, said a source.

ABG Shipyard said that "The company is exploring the possibility of the investors so as to improve its financial and operational strength.” The company is in talks with local and global firms for this investment, according to the official.

The flagship company of the ABG Group is in the midst of a corporate debt restructuring (CDR), under which a 22-lender consortium, led by ICICI Bank, agreed last March to recast INR 11,000 crore loans, offering the shipbuilder a two-year breather on the payment of interest, a reduc...

Coal imports thru Major Ports up 19% during April-Feb 16 April 2015

The Indian Ports Association (IPA) said, coal imports through the 12 Major Ports rose by 19% year-on-year to 77.74 million tonnes (mt) during April to February 2014-15.

Among the government-owned ports, Paradip Port handled the highest volume of imported thermal coal at 27.41 mt during the period, 20% higher than the corresponding period of the previous year.

However, coking coal imports through Major Ports declined by 1.6% over the 11-month period of 2014-15 to 29.16 mt.

In this category, too, however, Paradip Port was on top, with 7.07 mt, an increase of 11.8% over the imports in April to February 2013-14, the IPA said.

...

Govt. to develop river & dry ports in AP 16 April 2015

The Union Minister for Shipping, Road Transport and Highways, Nitin Gadkari, said the government plans to develop a river port on the Godavari, and a dry port close to the sea in Andhra Pradesh to facilitate easy transportation of goods.

He was in the state to lay the foundation stones for a new bridge across the Godavari in Bhadrachalam at an estimated cost of INR 98.45 crore, the 49 kilometer (km)long National Highway from the state’s border to Rudrampur village costing INR 244 crore, and a 44-km-long highway from Rudrampur to Bhadrachalam town costing INR 295 crore.

With the aim of promoting waterways in the country, the government has approved the develo...

Jaigarh Port can now handle Capesize ships 16 April 2015

According to an official release, JSW Jaigarh Port is now a Cape-compliant port, with the maiden Capesize ships MV Indian Friendship, scheduled to call at the facility on Thursday, April 16, 2015.

The JSW Jaigarh Port team is excited and fully geared up to discharge the cargo from this first Capesize ship, which will be calling at the port with 160,000 tonnes of steam coal. A brief function has been planned to mark the occasion.

The team is confident of discharging the cargo successfully and, thereby, adding another feather to its cap. Not one to rest on its laurels, JSW Jaigarh Port will continue striving to excel in its operations in the times to come, the relea...

Ennore port gets modern traffic control system 16 April 2015

A Vessel Traffic Management System (VTMS) facility was inaugurated this morning at the Kamarajar port in Ennore to improve ship navigation in the port and adjacent coastal waters.

Pon Radhakrishnan, Union Minister of State for Road ýTransport Highways and Shipping, inaugurated the INR 14.10 crore VTMS facility at the port.

The facility at the port's signal station will help in safer ship movements at the port and outer anchorage. It will also help detect oil spills at an early stage in the harbour area.

Arun Kumar Gupta, General Manager (Marine Services), Kamarajar Port Limited, said that the VTMS was installed by Kongsberg Norcontrol Surveil...

Oil majors may forge alliance for storage facility at Kerala Port 14 April 2015

Oil majors Bharat Petroleum, Indian Oil Corporations and Hindustan Petroleum are keen on a consortium to take up a storage facility for the INR 6,595-crore Vizhinjam Seaport and International Container Transshipment Terminal project.

Following discussions with Kerala, the state Government has offered ready land for the proposed storage facility.

CM Oommen Chandy said that “About 100 acres of land has been identified in Vizhinjam, near the Balaramapuram town.”

“The State Government will also facilitate right-of-way for the proposed consortium, so that they can lay the pipelines along the 15 kilometer (km) railway line to the project sit...

SIMA wants facilities at Mangalore Port 14 April 2015

Textile mills and cotton traders here have appealed to the Mangalore Port Trust (MPT) officials to extend customs-free bonded warehouse facility for cotton without attracting any tax or levies as in Malaysian port.

Chairman of Southern India Mills’ Association chairman T. Rajkumar has said in a press release that members of the association, South India Spinners’ Association, traders and liners had a discussion here with P.C. Parida, chairman of Mangalore Port Trust, recently.

The port handles coffee, cashew, coal, timber and oil and the port authorities have evinced interest in stocking imported cotton in its warehouses. Textile mills in the State impo...

Krishnapatnam port is the largest contributor to the freight earnings of SCR 14 April 2015

The deep water Krishnapatnam port on the east coast in Nellore district of Andhra Pradesh (AP) has emerged as the single largest contributor to the freight earnings of South Central Railway (SCR) in the previous couple of years.

In 2014-15, the private sector port accounted for as much as 23% of the total freight earnings of SCR that stood at INR 9,398 crore.

SCR general manager, Pradeep Kumar Srivastava said that “The freight loading by rail from Krishnapatnam port has shown a dramatic increase in the past five years from 5 million tonnes (mt) in 2010-11 to 20.92 mt in 2014-15.”

The port, whose hinterland includes parts of AP, Karnataka, Ta...

CSL to build multipurpose ships under Make in India campaign 13 April 2015

Cochin Shipyard Limited (CSL) will build Indian Navy's multi-purpose vessels, including warships, under Prime Minister Narendra Modi's ambitious "Make-in-India" campaign which aims to turn the country into a manufacturing powerhouse of weapons.

Union Shipping Minister Nitin Gadkari said an agreement would be signed between the Defence Ministry and the Ministry of Shipping to manufacture different types of naval ships, including warships, in the next five years at CSL as part of Government's efforts to "encourage the Indian industries".

Gadkari asked Cochin Shipyard Limited to start expansion of its capacity so that it can can play a...

MbPT celebrates International Women Day 13 April 2015

Mumbai Port Trust (MbPT) celebrated International Women’s Day in its true spirit and colour, with the theme ‘A Day in a Woman’s Life’. Ms Darshana Parmar, wife of Ravi M. Parmar, Chairman of MbPT, was the Chief Guest and Dr Rajashree Wanage, wife of Yashodhan Wanage, Deputy Chairman, MbPT was the Guest of Honour at a grand function organised on the occasion.

Poetry and drawing competitions on the theme were held. The evening culminated with song, dance and skit programmes pertaining to the theme.

...

SCI inks MoU with Shipping Ministry for 2015-16 13 April 2015

The Shipping Corporation of India (SCI) has signed a memorandum of understanding (MoU) with the Ministry of Shipping for 2015-16.

It was inked on March 27 in New Delhi by Rajive Kumar, Secretary (Shipping), MoS and Arun Kumar Gupta, C&MD, SCI. Alok Srivastava, Additional Secretary, MoS, and Capt. Yogesh Puri, Regional General Manager, SCI, were also present on the occasion.

According to sources, the MoU broadly contains financial and non-financial targets. The financial parameters are related to growth, profitability and efficiency, while the non-financial parameters have targets related to R&D, HRM, projects, productivity, quality, etc.

...

Evergreen Line and Simatech to launch India-Gulf service 12 April 2015

Evergreen Line and Simatech are launching a joint Chennai-Colombo-Gulf (CCG) service from next month.

According to an Evergreen Line statement, the CCG service will utilise four containerships of around 2,000 Twenty Foot Equivalent Unit (TEU) each; one to be operated by Evergreen Line and the remaining three by Simatech.

The first sailing of the weekly service will be from Colombo on May 9, and it will call at Vizag, Krishnapatnam, Chennai, Colombo, Cochin, Jebel Ali, Sohar, Cochin and Colombo. In addition to providing efficient transportation services linking the major ports of southern India and Sri Lanka with the Gulf, this important intra-regional service will...

Cargo traffic stays in stable waters in 12 ports, up 4.65% in FY15 12 April 2015

Cargo traffic at India's 12 major ports continued on an upward trajectory for the second fiscal in a row, clocking a 4.65% growth at 581.34 million tonnes (MT) in the just-concluded financial year.

The numbers come on the back of a series of steps taken by the government, including capacity augmentation, to prop up the sector.

These ports had recorded 555.48 MT of cargo movement in 2013-14, marginally up by 1.78% from the previous fiscal.

Kandla port handled the highest, at 92.49 MT, in 2014-15, followed by 71.01 MT cargo by Paradip port and 63.80 MT by Jawaharlal Nehru port, according to Indian Ports Association (IPA).

Mumbai port record...

Kamarajar Port cruises with over 10% growth last year 12 April 2015

According to its Chairman and Managing Director, MA Bhaskarachar, diversified cargo handling from next year will contribute to a quantum leap in Kamarajar Port’s performance and competitiveness from next year.

Construction of a 1.4 million Twenty Foot Equivalent Unit (TEU) container terminal is progressing well ahead of plans and preliminary work on multi cargo terminal by a private concessionaire are progressing fast.

The first phase of the INR 1,270 crore Container Terminal by Adani Ennore Container Terminal Private Limited will go on stream in the first quarter of 2016 compared with the scheduled date of January 2017, he said. The first phase involves est...

Nitin Gadkari says: CSL to get more Defence orders 11 April 2015

The Union Defence Ministry has agreed to place orders with Cochin Shipyard Limited (CSL) to build defence ships in the next five years, according to Nitin Gadkari, the Union Shipping Minister.

An assurance in this regard has been given by the Defence Minister Manohar Parrikar himself during discussions in Goa the other day, Gadkari said here on Friday.

Gadkari asked the public sector CSL to make use of the opportunities arising out of the Defence order and encourage auxiliary industries for getting spare parts. He said,

“This is the time for the yard to augment its production, as it in turn will lead to create more employment opportunities in the ...

Kolkata port traffic up 12% 11 April 2015

The Kolkata Port Trust (KoPT) has reported an over 12% growth in traffic to approximately 46.3 million tonnes (mt) for FY15 as against the 41.4 mt it reported in the year-ago period.

According to a KoPT release, the Kolkata Dock System handled a “record high cargo thoroughput.”

Cargo thoroughput, during FY14, increased by nearly 19% to over 15 mt as compared to the 13 mt it reported last year. The Haldia Dock complex reported a 9% growth in cargo handling for the fiscal which stood at a little over 31.01 mt.

The dock complex had reported a thoroughput of approximately 28.5 mt in 2013-14. Kolkata Port, the release stated, was ranked third amo...

Kandla Port gets highest length vessel Amazing Salute 10 April 2015

In the history of Kandla Port, first time highest length ship m.v. Amazing Salute has been berthed by port officials with great efforts and skills of HOD's of Kandla Port.

First highest LOA 255 meter vessel m.v. Amazing Salute with B/L qty 103151.000 mts arrived Kandla on 8th April 2015 and berthed after lighterage immediately on next day at jetty, on 9th April 2015.

The Port congratulate Port team - Capt Sibal - Deputy Conservator who initiated such a dynamic step, Capt. Shrinivasan - Harbour Master, who himself done piloting to berth ship, and Most efficient Traffic Manager, Mr. Balani whose efforts are uncountable for highest growth of Port handling, Import...

Public hearing on Visakhapatnam port projects tomorrow 10 April 2015

A public hearing will be conducted in front of the administrative office of the Visakhapatnam port here on Friday to elicit public opinion on the various projects involving an investment of around INR 2,500 crores in the port.

The AP Pollution Control Board is conducting the public hearing. The projects include mechanization of ore handling complex and creation of new facilities, mechanization of WQ 7 and 8, part of WQ-1, extension of container terminal and deepening of outer approach channel, turning circle and berth from minus 9 to minus 22 meters.

The port has signed concession agreements for the projects involving INR 1,400 crore by Essar Ports for creating an...

KDS handles all time high record cargo in 2014-15 10 April 2015

Kolkata Port Trust (KoPT) on Thursday stated that Kolkata Dock System (KDS) handled an all time high cargo throughput of 15.282 million tonnes (mt) in 2014-15 over 12.875 mt in 2013-14, recording a significant growth of 18.7%.

It has been the highest ever cargo throughput achieved by the KDS, surpassing the previous highest throughput of 13.741 mt achieved in 2007-08, by 11.21% since 1870. Haldia Dock Complex (HDC) handled 31.01 mt in 2014-15 recording a high growth of 9% over 28.511 mt handled in 2013-14.

Commenting on cargo throughput of KDS, Kolkata Port Trust chairman R.P.S. Kahlon said, Kolkata Port handled 6,30,095 Twenty Foot Equivalent Unit (TEU) in 2014-1...

Multi-cargo approach boosts MPT output by 25% 09 April 2015

Despite being hit by a ban on iron ore mining, the Mormugao Port Trust (MPT) reported a 25% increase in cargo throughput in 2014-15 at 14.71 million tonnes (mt) on the back of multi-commodity approach, the port said today.

Its cargo handling had slipped to 11.74 metric tonne in 2013-14, which had dwindled from a peak of 50 metric tonne in 2010-11, primarily due to the ban on iron ore mining.

It said in a statement, "The port has since staged a remarkable turnaround from being a mono-commodity port to being a multi-commodity port by adding a wide range of cargo to its kitty.”

The port has now shifted focus on other commodities which include co...

Govt. taking several steps to boost shipping industry 09 April 2015

The Road Transport, Highways and Shipping Minister, Nitin Gadkari said that In order to boost the shipping sector, the Union government has taken several initiatives, such as facilitating the development of new ports, launching the ambitious Sagarmala project, and developing the inland waterways network.

Addressing the National Maritime Week function recently, Gadkari said, "Two new ports are being set up at Dugarajapatnam and Sagar in Andhra Pradesh and West Bengal, respectively."

The Cabinet had earlier approved this proposal at an investment of around INR 15,820 crore, he said.

Sagarmala, the Minister highlighted, would give a major boost t...

Cochin Port achieves operational profit of INR 18.5 cr 09 April 2015

The Cochin Port said it has made a reasonable turn around in 2014-15 financial year.

In a release, the Port said it has achieved an operational income of INR 384.82 crore and operational expenditure of INR 366.32 crore resulting in an operating profit of INR 18.5 crore.

It said that "The operating ratio of the organization came down from 105% to 95%.”

The Port said the profit was achieved through expenditure control by implementing strict austerity measures.

"The Port has reduced its net loss to INR 85 crore," the release said.

The Port handled total tonnage of 21.6 Million Tonnes (mt) against 20.88 mt in the p...

KPL upstages Chennai Port in car exports 09 April 2015

Kamarajar Port Limited (KPL) at Ennore, has for the first time exported more cars than the port it started off being secondary to, the Chennai Port Trust (ChPT), as the former continues to grow at the cost of the latter.

In 2014-15, KPL handled 2.15 lakh cars of five carmakers, while ChPT managed 22,000 less while working with just three carmakers.

This is the first time in recent years that the car handling volume of ChPT has fallen below the 2-lakh mark.

Located barely 25 kilometer (km) from each other, both ports have in recent years competed for business in a region known for its auto manufacturing and exports.

The Chennai Port has been h...

Jawaharlal Nehru Port Trust reports cargo handling output at 63.8 mt 08 April 2015

Jawaharlal Nehru Port Trust (JNPT), country’s largest container port, has reported a marginal increase in its cargo handling for the fiscal 2014-15 at 63.80 million tonnes (mt).

The port, which is located off the Mumbai harbour, had handled 62.33 mt of cargo, including containers and liquid cargo, in the previous fiscal.

In the core container segment, it reported 7.33% growth in traffic handled at 4.467 million standard units (TEU), which is the highest ever single year handling, JNPT said in a statement here.

It has three terminals at present, among which the one operated by APM Terminals witnessed the highest traffic with a 45.06% share, followe...

Kochi Port trims loss by 21% to INR 85 cr 08 April 2015

Implementation of strict austerity measures has helped Kochi Port to register an operating profit of INR 18.5 crore in FY’2014-15. This is against the operating loss of INR 20 crore in the previous fiscal.

A press release issued here said, the operating profit has been achieved through expenditure control following strict cost cutting methods. It also helped the port to reduce its net loss from INR 107 crore to INR 85 crore.

The port during the period handled total tonnage of 21.6 million tonnes (mt) against 20.88 mt in the previous fiscal, thereby achieving a growth rate of 3.4%.

It also made achievements in the peripheral activities with a 12% g...

KPT plans port-based multi-product SEZ in Kandla, Tuna 07 April 2015

Kandla Port Trust (KPT) on Monday announced to set up a port-based multi-product special economic zone (PBMPSEZ) spreading over an area of 5000 hectares in Kandla and Tuna.

The project has already received formal approval from Ministry of Commerce & Industry for 5000 hectares of land spreading over two areas i.e. 3600 hectares at Kandla and 1400 hectares at Tuna, KPT revealed at an investor meet held on Monday at Kandla.

Kanlda Port has already floated Global Expression of Interest for the proposed SEZ project and already received more than 25 EOIs from leading players in the domain of Renewable Energy, Desalination Plant and Free Trade Warehousing Zone.

...

JN Portís liquid cargo handling capacity boosted due to new Mooring Dolphins 07 April 2015

The construction of Mooring Dolphins to the existing BPCL Liquid Cargo Jetty was completed on March 30, 2015, according to a Jawaharlal Nehru Port Trust (JNPT) release.

The cost of INR 11 crore was equally shared by JNPT and BPCL.

This initiative was taken to meet the needs of the trade. It will add 1 million tonnes (mt) to the existing handling capacity and facilitate the berthing of bigger vessels or 2 feeder ships at LB01, the release highlighted.

...

MbPT to facilitate creation of a cement terminal for the city 07 April 2015

The city of Mumbai consumes approximately 1.25 million tonnes (mt) of cement per annum to meet its developmental needs.

Currently, this cement is moved by road/rail through neighbouring states, necessitating the entry and exit of nearly 350 trucks per day, congesting the already overstrained city roads.

In its bid to decongest the city roads without affecting the requirement of cement, Mumbai Port, which has had a 141-year symbiotic relationship with Mumbai city, in its Board meeting on March 27, 2015, resolved to lease 2.5 hectares of its land at Petroleum Godown to Ultratech Cement Limited for 30 years on ‘as is where is basis’, informed the Chairman...

Visakhapatnam port handles 58.2 mt of cargo 07 April 2015

Visakhapatnam port has handled 58.2 million tonnes (mt) of cargo during 2014-15, slightly less than 58.5 mt handled during the previous year, according to port authorities.

They said the ongoing project works affected cargo-handling at the port and there was also slump in bulk cargoes such as iron ore. The cyclone Hudhud which hit the city in October last year also had its impact on the port’s performance.

There has been slump in iron ore exports due to the policy of the Government and also reduced demand from China. The port is also facing stiff competition from other ports in the vicinity such as Gangavaram, Kakinada and Paradip.

There has been ...

Alok Singh appointed Deputy Chairman of KPT 06 April 2015

Alok Singh, IRS (1993 batch), has been appointed Deputy Chairman of Kandla Port Trust (KPT) by the Ministry of Shipping.

He is currently Additional Director of Income Tax, based in New Delhi.

His tenure will be for a period of five years with effect from the date he takes charge, or until further orders, whichever is earlier.

...

Chennai Port achieves record Container throughput in 2014-15 06 April 2015

The Chennai Port Authority, India’s second-largest state-owned container gateway, poised a record throughput volume in fiscal year 2014-15.

The two terminals in the southeastern harbor handled 1.55 million Twenty Foot Equivalent Units (TEU) on 31st March 2015, versus the previous all-time high of 1.56 million TEU set in fiscal year 2011-12, according to the newest data. Chennai’s total cargo tonnage reached 52.4 million tonnes.

In a bid to tackle the port clogging problem, CPA in December held consultations with user groups and agreed on a string of remedial measures, including deployment of additional rubber-tire gantry cranes and allotment of six tru...

Centre to invest INR 5 lakh cr on developing waterways 06 April 2015

Union Transport Minister Nitin Gadkari said that Centre is planning to invest INR 5 lakh crore in the next 10 years on developing waterways in the country.

Gadkari also said the bill for developing 101 river stretches as waterways would be passed in the Parliament session this month, and that the work on developing the 1,620 kilometer (km) long waterway between Varanasi and Haldia has begun.

Observing that the share of waterways as a mode of transport had a high share in European countries and also in China, Gadkari said waterways are almost non-existent in the country at present.

The Government has decided to develop river ports and sea ports like airp...

VOC Port handles 32.41 mt of cargo 06 April 2015

According to Chairman of VOC Port Trust S. Anantha Chandra Bose, V.O. Chidambaranar Port (VOC) handled an all-time record cargo traffic of 32.41 million tonnes (mt) during 2014-15, registering an increase of 13.17% over the previous year’s volume of 28.64 mt.

This was 1.28% higher than the target of 32 mt set by the Ministry of Shipping, Bose said in a statement issued on Sunday. In containers, the port handled a record throughput of 5,59,727 Twenty Foot Equivalent Units (TEU) during 2014-15 — an increase of 10.24% over the previous fiscal’s 5,07,735 TEU.

Imports accounted for 23.99 mt, registering an increase of 14.35% over the previous year&rsq...

Government to give transshipment a major boost 02 April 2015

The government reportedly proposes to free up the coastline for foreign vessel movement without hurting the domestic shipping business.

As per the plan, it is likely to relax cabotage norms for export-import cargo on the east coast to promote transhipment. Simultaneously, it is also considering ways to provide a level playing field for Indian-flagged vessels through tax incentives.

The government wants immediate action on promoting transshipment, in keeping with its efforts to ramp up the maritime sector of the country.

The government is considering relaxing the coastal movement norms for ex-im cargo at all the ports, it is learnt.

According ...

Jawaharlal Nehru Port throughput jumps to 4.46 m TEU in 2014-15 01 April 2015

Jawaharlal Nehru Port (JN Port) was on course to handle an impressive 4.46 million Twenty Foot Equivalent Unit (TEU) of container throughput in fiscal 2014-15, at the time of going to press, significantly higher than the 4.16 million TEU handled in 2013-14.

The cargo handled in tonnes was projected at 63.8 million tonnes (mt), again a vast improvement over the 62.35 mt of the last fiscal.

As for the individual terminals, a highlight was GTI crossing the 2-million TEU throughput mark at 2.01 million TEU, followed by JNPCT at 1.28 million TEU and NSICT at 1.17 million TEU.

...

SCI gets delivery of VLCC 01 April 2015

The Shipping Corporation of India Limited (SCI) accepted delivery of a Very Large Crude Carrier (VLCC),Desh Vibhor, on March 28, 2015.

The vessel, ordered with Chinese firm Jiangsu Rongsheng Heavy Industries Company Limited in November 2010, has gross tonnage of 165,319 tonnes and deadweight of 316,634 tonnes at scantling draught.

It has been classed with IRS and LRS, and has been built to comply with the latest international regulations, highlighted a release.

With India dependent on the import of crude oil, tankers under the Indian flag provide vital energy security to the country. In times of international crisis, it is all the more important to main...

Govt. to set up rail cargo systems at Ports 28 March 2015

The Government approved the formation of a special purpose vehicle (SPV) to provide efficient rail systems to Major Ports to enhance cargo handling capacity.

The decision was taken by the union cabinet which met here with Prime Minister Narendra Modi in chair.

The SPV would fullfill purposes like enhancing the last-mile connectivity to Major Ports, modernisation of evacuation infrastructure at ports, to operate and manage internal port railway system and to raise financial resources for funding port related railway projects, according to the Cabinet.

The cabinet said the Major Ports have identified a shelf of nearly 40 projects which includes the last-m...

Visakhapatnam port to handle 58 mt cargo 28 March 2015

According to chairman M.T Krishna Babu, the Visakhapatnam port is likely to handle 58 million tonnes (mt) of cargo this year too, as during the last financial year.

He said here on Friday that the ongoing projects were to a great extent hampering the handling of cargo during the past two years.

"From the next financial year (2015-2016) onwards, we will be able to function to our full capacity," he said and added that dredging in the inner harbour would be completed soon.

Referring to the sagar mala project, he said it was a very good project intended to improve connectivity of the port with the hinterland and paving the way for the speedy evac...

PPT surpasses 69 mt target of cargo 26 March 2015

Paradip Port Trust (PPT) has surpassed the target of handling 69 million tonnes (mt) of cargo, as fixed by the Ministry of Shipping for fiscal 2014-15.

The PPT has been able to handle 69.11 mt of cargo on March 22, an official release said today.

During the corresponding period last year, the Port had handled 66.22 mt of cargo.

With this increase, The Port has clocked a growth of 4.38% in traffic 'throughput' in the current financial year.

A senior official said that "We have retained the second position among all major Ports in the country in terms of traffic 'throughput.”

During the period, the Port handled...

KPT bags Sea Port of the Year award for non-containerised cargo 25 March 2015

Kandla Port Trust (KPT) on Tuesday said it has been awarded the Sea Port of the Year for Non-Containerised Cargo (for Northern India).

KPT said in a statement, the port had created national history for cargo handling and retains its Number - 1 position among the major ports for the sixth year in a row by achieving the 87.005 million tonne mark in 2013-14.

The statement said that "Ravi M Parmar, Chairman of KPT, received the award from P G Nair of EXIM India, during at the 6th Northern India Multimodal Logistics Awards 2015 held in New Delhi on March 17.”

With a number of infrastructure augmentation and expansion plans ongoing and lined up, th...

Shreyas Shipping to get 4 container vessels by 2017 24 March 2015

Shreyas Shipping and Logistics Limited 0.73 %, a part of global conglomerate Transworld Group, today said it plans to acquire 4 ships by 2017.

"The Board of Directors of the Company have approved a plan for acquisition of 4 container vessels ranging from 1700 TEU (twenty foot equivalent units) to 2500 teus over a period of 18-24 months," the company said in a filing to the BSE.

TEU is a unit of cargo capacity used to describe the capacity of container ships and container terminals, based on the volume of a 20-foot-long intermodal container. Shreyas Shipping and Logistics claims to be India's first container feeder owning and operating company.

<...

Paradip Port achieves all-time high throughput 23 March 2015

Paradip Port has achieved a record cargo throughput of 68.05 million tonnes (mt) till March 18, thereby surpassing the last fiscal’s total traffic of 68 mt. This is the highest-ever traffic handled by the Port in a financial year, highlighted an official statement.

The Port management is confident of achieving the target of 69 mt fixed by the Ministry of Shipping for the current financial year 2014-15, and the facility retaining the 2nd position amongst the Major Ports in terms of throughput.

During the current financial year up to the said date, thermal coal traffic increased by 20.78%, coking coal 11.56% and fertiliser raw materials by 10.66% compared to t...

Kamarajar Port surpasses Shipping Ministry cargo target 23 March 2015

Kamarajar Port surpassed the target of 28.50 million tonnes (mt) set out for 2014-15 in the MoU signed with the Ministry of Shipping by handling total cargo throughput of 28.59 mt as on March 13, 2015. Last year, it was 25.60 mt for the same period.

The increase was thus 11.66% against the previous year.

By the end of 2014-15, the Port is expected to handle around 30 mt, which will be an all-time high. During 2013-14, the throughput was 27.34 mt. The Port has taken several initiatives to increase capacity from the present 32 million tonnes per annum (mtpa) to 100 mtpa by the end of 2020.

...

Chennai Port crosses 50 mt in throughput this fiscal 23 March 2015

Chennai Port is performing at its best despite the intense competition from private ports. It crossed 50 million tonnes (mt) by handling 50.29 mt of cargo as on March 15, 2015, ten days earlier compared to the last fiscal.

The major driving factors were the increased handling of containers, ferrous slag, limestone and steel, highlighted a release.

Efficient planning, effective handling and cooperation from the trade also contributed to this noteworthy achievement.

The Chairman of Chennai Port Trust appreciated the efforts put in by the Port’s employees and other stakeholders towards this accomplishment.

...

GSL to tie up with foreign yards for MCMV 23 March 2015

After bagging the deal to build Mines Counter—Measures Vessels (MCMV) for the Indian Navy, Goa Shipyard Limited (GSL) has decided to tie up with the foreign yards for the technology transfer required to create these hightech ships.

The Union Defence Ministry had recently cleared the INR 32,000 crore—worth project to manufacture 12 MCMV, which will be built by GSL.

GSL Chairman and Managing Director, Rear Admiral Shekhar Mittal said,“We will be able to roll out the vessels six years from now. The actual construction on this project will begin after three years.”

He was talking to reporters on the sidelines of launching of an OPV f...

2 more ports to handle import of vehicles 20 March 2015

The Centre has decided to allow two more ports APM Terminals, Pipavav Port in Gujarat and L&T Kattupalli Port near Chennai to handle import of high-end cars/vehicles, taking the total number to 14.

At present, six seaports and three airports are allowed to handle import of these high-end vehicles.

Even though India is a major automobile hub, the number of commercial and passenger vehicles imported into the country is small. During April-November 2014, a little over 1,200 trucks and buses were imported into India.

In the recent months, Kamarajar (Ennore) Port handled a handful of imported trucks. Chennai Port has handled only bus imports.

...

MbPT handles all-time high throughput 20 March 2015

Surpassing the previous high of 59.19 million tonnes (mt) of cargo handled in 2013-14, Mumbai Port Trust (MbPT), on Wednesday, March 18, 2015 registered an all-time high throughput in its 141-year old history.

With nearly a fortnight to go in the current fiscal year, MbPT is expected to handle more than 61 mt of cargo in 2014-15.

Ravi M. Parmar, Chairman of Mumbai Port Trust said that with this record handling, the Port is set to retain its position as the 4th largest Major Port in the country, in terms of tonnage handled. Given various navigational and other operational constraints, this is a noteworthy achievement.

...

Kamarajar Port surpasses throughput target for 2014-15 20 March 2015

Kamarajar Port last week surpassed the target of 28.50 million tonnes (mt) set out for 2014-15 in the MoU signed with the Ministry of Shipping by handling total cargo throughput of 28.59 mt as on March 13, 2015.

Last year, it was 25.60 mt for the same period.

The increase was thus 11.66% against the previous year. By the end of 2014-15, the Port is expected to handle around 30 mt, which will be an all-time high. During 2013-14, the throughput was 27.34 mt.

The Port has taken several initiatives to increase capacity from the present 32 million tonnes per annum (mtpa) to 100 mtpa by the end of 2020.

...

Proposal for direct billing system at Vallarpadam 19 March 2015

The much-publicised direct billing system aimed at reducing the terminal handling charges (THC) at Vallarpadam has run into rough weather.

This follows a decision taken by the Kochi Port management to withdraw the direct billing proposal, amidst concerns raised by some trade bodies.

Earlier, the port management proposed to introduce direct billing from January to reduce THC levied by shipping lines, which is higher in Kochi compared to other ports, and to bring in transparency in charges being collected by service providers.

A senior port official said that several stakeholders, who had initially supported the move, have now expressed apprehensions with...

Krishnapatnam Port bags CII award 18 March 2015

The Krishnapatanam Port has added another feather in its cap by bagging environment, health and safety (EHS) award in the 8th EHS Excellence Award Ceremony organised by the Confederation of Indian Industry (CII) - Southern Region, held at Chennai recently.

Anil Yendluri, Chief Executive Officer, Krishnapatnam Port said that the port won the award because of its path breaking practices, especially implementation of various green initiatives, it has adopted in the past few years.

...

Bulk cargo terminal ready for commissioning at Visakhapatnam Port 18 March 2015

Visakhapatnam Port, which has set in motion serious efforts to become most preferred port of South East Asia, is getting ready to commission the 6 million tonnes (mt) multi-commodity bulk terminal.

A senior official of Visakhapatnam Port said, the futuristic berth built by Alba, a joint venture of ABG Ports Limited and Louis Dreyfus Armateurs was likely to get vessels on a trial after which it would launch commercial operations sometime next month.

In the first year of operations, the BOT operator will handle 2.5 mt and achieve full rated capacity of 6 mt in the fourth year.

Developed on a 30-year concession agreement signed with the BOT operator, the b...

Cargo throughput of Cochin Port up 3.14% 18 March 2015

Cargo handling at the Cochin Port increased by 3.14% to 18.02 million tonnes (mt), including containerised cargo, in the first 10 months of the current financial year up to January 2015 as against 17.47 mt handled during the period between April 2013 and January 2014, according to the Indian Ports Association (IPA).

Similarly, container movement through the Port increased by 19,000 Twenty Foot Equivalent Unit (TEU) to 3,10,000 TEU in the first 10 months of the current financial year, from 2,91,000 TEU during the same period of last year.

Besides, Cochin Port handled a total of 20.89 mt of cargo, including containerised cargo in the whole of last financial year, wh...

ABG Shipyard to focus on defence orders 18 March 2015

ABG Shipyard plans to shift its focus towards defence orders which are more lucrative compared to the commercial shipbuilding business.

The company will eventually exit the commercial industry.

This is part of ABG’s plans to restructure operations, post entering corporate debt restructuring last year.

Dhananjay Datar, Executive Director of ABG, said, "Even as the commercial shipbuilding market is not looking good, given the focus on ‘Make in India’, orders from defence are expected to be on the rise, which is what ABG Shipyard would like to cash in on.”

The company currently has close to 42 orders for commercial s...

SCI to buy 5 vessels from Cochin Shipyard 17 March 2015

Shipping Corporation of India Limited (SCI) will buy five vessels from Cochin Shipyard Limited, also state-owned, and issue tenders for buying two used liquefied petroleum gas (LPG) carriers as it looks to re-start ship purchases that were frozen.

The board of SCI met in Delhi and approved the signing of a memorandum of understanding with Cochin Shipyard for the five vessels, a spokesman for the company said.

The five ships to be constructed at Cochin Shipyard includes three anchor handling tug-cum-supply vessels and two platform supply vessels used to support offshore oil exploration activities.

With three consecutive quarters of profits this fiscal, S...

Cargo handling at Cochin Port up to 18 mt during April 2014-Jan. 2015 17 March 2015

The Indian Ports Association (IPA) said, Cargo handling at the Cochin Port increased by 3.14% to 18.02 million tonnes (mt), including containerised cargo, in the first 10 months of the current financial year up to January 2015 as against 17.47 mt handled during the period between April 2013 and January 2014.

Similarly, container movement through the Port increased by 19,000 Twenty Foot Equivalent Unit (TEU) to 3,10,000 TEU in the first 10 months of the current financial year, from 2,91,000 TEU during the same period of last year.

Besides, Cochin Port handled a total of 20.89 mt of cargo, including containerised cargo in the whole of last financial year, while cont...

Kolkata Dock Systeme handles record 5 lakh TEU 17 March 2015

R.P.S. Kahlon, Chairman of KoPT, said that technological upgradation has helped the Kolkata Port Trust’s (KoPT) Kolkata Dock System (KDS) to handle a record number of over 500,000 Twenty Foot Equivalent Unit (TEU) in 2014-15, surpassing the previous high of 426,177 TEU handled in 2013-14.

"On March 10, KDS crossed the 500,000-TEU mark. Between April 1, 2014 and March 10, 2015, KDS handled 500,447 TEU. Of this, 256,679 TEU were import cargo and the remaining export. 

He said that this record was achieved despite grave operational constraints of low navigational draught, unavoidable ship detention due to lock operations, and tide dependence. This was...

Port-based development to get a fillip 14 March 2015

A bill will be tabled in the Assembly to constitute A. P. Maritime Board to give a boost to port-based development along the 970-odd-km coastline in the State, the second largest after Gujarat, A. P. Energy, Infrastructure and Investment Secretary Ajay Jain has said. “Once it is constituted, a long-awaited demand of the shipping industry will be fulfilled,” he said.

The decision to set up the board was hailed immediately by Andhra Chamber of Commerce & Industry Federation vice-president G. Sambasiva Rao and CII Vizag zone chairman Neeraj Sarda. Speaking at a panel discussion on port-led development as part of launching of Infrastructure Mission here, Mr. Jain...

Gujarat Pipavav Port MD steps down 14 March 2015

Gujarat Pipavav Port Limited (GPPL) today said its Managing Director Prakash Tulsiani has stepped down from the post to pursue other career opportunities and the company has identified his successor.

The company said, that “Prakash Tulsiani has resigned as Managing Director and as a Director with effect from May 31 to pursue other career opportunities.”

It said Tulsiani’s successor has been identified by Gujarat Pipavav’s promoter APM Terminals and the details would be made public on completion of appointment formalities.

The company appreciated Tulsiani for “his hard and dedicated work towards a successful startup of the c...

Dry port in offing for agricultural produce 14 March 2015

Haryana Chief Minister Manohar Lal Khattar has said a dry port would be set up in the State for which his government would allot land near a railway station. Agriculture produce would reach the ports through this dry port which is expected to benefit farmers.

The Chief Minister was interacting with media persons on the sidelines of the three-day Haryana Agri Leadership Summit-2015 at Gurgaon on Friday.

He said that the State Government would procure every single grain of wheat so that farmers would get full benefit and they would not have to face any difficulty.

In a reply to another question, the Chief Minister said that the economic development of Har...

Dhamra Port pays INR 73.48 crore revenue share to Odisha government 13 March 2015

Dhamra Port today paid INR 73.48 crore as revenue share of the port to the Odisha government.

Dhamra Port Company Limited (DPCL) Director Santosh Kumar Mohapatra handed over a bank document of the amount to Chief Minister Naveen Patnaik at the state secretariat here.

DPCL officials said that the revenue share of INR 73.48 crore covers the period since the commencement of operation of the port in May 2011 up to September 2014.

They said that the company was allowed a moratorium till March 2016, but has started paying its revenue share ahead of the expiry of this period.

As per concession agreement, Dhamra Port had to pay a share of five per ce...

L&T Ports Kattupalli handles 1 lakh tonnes of steel cargo 12 March 2015

The ship M V Tvisha, carrying steel cargo of Essar Steels India, which called at Kattupalli Port on February 28th 2015, achieved for the facility the milestone of handling 1,00,000 tonne of steel cargo since it commenced break-bulk operations in April 2014.

To mark the occasion, a small ceremony was held on board the vessel, which saw Captain N Viswanathan, GM of Marine and PFSO at L&T Ports Kattupalli, greeting Captain P Rajsekhar, Master of the vessel.

The L&T Port management thanked Essar Group and PSTS Logistics for the support extended to the Kattupalli facility.

...

CSL to manufacture hi-tech dredgers 12 March 2015

Cochin Shipyard Limited (CSL) has entered into a Memorandum of Understanding (MoU) with IHC Holland BV (IHC) for the construction of Cutter Suction Hopper Dredgers (CSD) and Trailer Suction Hopper Dredgers (TSHDs).

IHC, which has vast experience and proven capability in building world class dredging equipment, was identified as the technology partner through a transparent Expression of Interest (EoI) process by CSL.

Normally, latest technology dredgers are imported into the country, but this initiative will facilitate the manufacture of world class high-technology dredgers at CSL, thus saving valuable foreign exchange, highlighted a release. CSL is building the dr...

Kolkata Dock System crosses 5 lakh containers mark 12 March 2015

The Kolkata Dock System of Kolkata Port Trust (KoPT) scaled a new high in container handling in the current financial year with the highest container throughput of over 5 lakh.

KoPT in a statement said it has handled 500447 containers till March 10 in this current fiscal. Of this, import was 256679 Twenty Foot Equivalent Unit (TEU) and export was 243768 TEU.

On the ocassion, KoPT chairman RPS Kahlon said that this all time record in container handling had been achieved despite grave operational constraints of low navigational draft in the river, unavoidable ship detentions due to lock operations of the impounded dock, tide dependence in ship movement — which...

NMPT gets new deputy chairman 11 March 2015

The Ministry of Shipping has appointed Suresh P Shirwadkar as Deputy Chairman of New Mangalore Port Trust (NMPT).

He took charge on Monday. Prior to his present assignment, he was Chief Manager (Finance) at Jawaharlal Nehru Port Trust (JNPT).

Graduated from St Aloysius College in Mangaluru, Shirwadkar is an associate member of Institute of Chartered Accountants of India.

He hails from Ankola in Uttara Kannada district of Karnataka.

Shirwadkar joined the port sector as accounts officer at JNPT on July 1 1992. He had worked as FA&CAO at Mormugao Port Trust for 8 years.

...

Cargo throughput of Kochi port up 3.14% 10 March 2015

Cargo movement through Kochi port has increased 3.14% between April 2014 and January 2015 when compared with the first 10 months of the last financial year.

According to tentative figures from the Indian Ports Association, the Kochi port handled 18.02 million tonnes (mt) of cargo, including containerised cargo, during the current financial year up to January.

During the same period last financial year, the port handled 17.47 mt. For the whole of last financial year, Kochi handled a total of 20.89 mt of cargo, including containerised cargo.

Containerised cargo throughput last financial year stood at 3,46,204 Twenty Foot Equivalent Unit (TEU), show figure...

PPT signs agreement with PICT 10 March 2015

Paradip Port Trust (PPT) today signed a concession agreement with Paradip International Cargo Terminal (PICT) for construction of a INR 430 crore berth for container traffic and clean cargo handling.

A special purpose vehicle was set up to execute the project, a PPT official said here adding a multipurpose berth would be set up through public private partnership basis.

The release said that the concessionaire would be responsible for financing, designing, construction, commissioning of the project along with operation, management and maintenance under the concession agreement. On completion of construction, 5 mt of cargo per annum would be added to the capacity of...

Tuticorin port handles over 3 mt cargo in February 07 March 2015

Tuticorin port has handled a record cargo traffic of 3.23 million tonne (mt) during February 2015, surpassing the previous 2.85 mt handled during March last year.

The port also has crossed the previous year's traffic of 28.64 mt on February 27 by clocking 28.8 mt. It had reached the record figure 32 days ahead of its own laid out schedule.

The key contributors are coal, pet coke, copper concentrate, rock phosphate, construction materials, containerised cargoes, oil cake copra, naphtha, furnace oil, liquid ammonia and caustic soda lye.

The port also has crossed 2013-14 container traffic volume of 507,735 TEU on March 3, 2015, by handling 508,678 TEUs...

VOC Port achieves record handling of cargo traffic 07 March 2015

V.O.Chidambaranar Port Trust (VOC) handled a record cargo traffic of 32.35 lakh tonnes during February 2015, surpassing the previous achievement of 28.53 lakh tonnes handled during March in 2014, which was the highest ever tonnage handled at this Port in a single month so far.

According to a statement from the VOC Port Trust on Friday, the Port also crossed the previous year’s traffic of 286.42 lakh tonnes on February 27, thirty two days ahead of the current financial year by handling 288.49 lakh tonnes.

Major cargoes that contributed to the achievement were coal, pet coke, copper concentrate, rock phosphate, construction material, containerised cargoes, oil...

Japanese team visits Krishnapatnam Port 07 March 2015

The visiting Japanese delegation comprising investors, officials and industrialists from that country, on Friday inspected the social infrastructure and entertainment facilities available in the vicinity of industrial hubs in the district.

The members visited Krishnapatnam Port and went round various infrastructural facilities which were created there for high-volume and long-term marine transportation.

The Japanese team interacted with different wings of the port and also the Container Terminal, which were developed there for improving the transportation of containers to many countries in the world.

“They are very happy with the industrial infras...

Azhikkal Port floats fresh tenders to develop cement terminal 05 March 2015

Rekindling the hopes of developing a cement terminal at Azhikkal Port here, as the first step towards making it a Major Port, Kerala Ports department is floating fresh tenders this week with the hope that takers will come forward for the project.

The new tender is being floated after the earlier ones failed to evoke any response and the sole bidder had to back out owing to various reasons. The tender document would be uploaded on the website soon, said official sources.

"A Gujarat-based company has come up with the proposal to start the terminal," said K M Shaji, who took the initiative to revive the port project that has been stuck on various stumbling ...

Port strike deferred to March 16 05 March 2015

S R Apraj, general-secretary, Mumbai Port Trust said, the decision by port and dock workers to go on an indefinite strike from March 9, protesting corporatisation of ports, has been postponed by a week. Following a meeting called by the chief labour commissioner (CLC) here, the strike has been tentatively postponed to March 16. In the intervening period, three additional meetings are scheduled. “On March 9, a meeting is scheduled with the Indian Ports Association; on March 12 with the shipping secretary; and, on March 13 with the CLC.”

The five major federations of the 12 major ports of the country, which had called for the strike, are: All India Port & Dock ...

Nitin Gadkari launches Shipping Samvad 05 March 2015

Union Minister of Shipping, Road Transport & Highways Nitin Gadkari launched a website “Shipping Samvad” here today.

The objective of the website is to invite innovative ideas and suggestions from general public and experts related to Indian maritime sector for improvements in the shipping, ports and inland waterways sector.

The ideas and suggestions submitted through this portal will be further examined for implementation by Ministry of Shipping and the workable ideas and suggestions will be published on this website.

The Ministry will also upload the draft policies/new initiatives from time to time on the portal for the valuable sugges...

LAX cargo traffic rise 12.4% in January to 167,315 tons 04 March 2015

The protracted labour negotiations at US west coast ports drove up air cargo volumes at Los Angeles International Airport (LAX) in January by 12.4% year on year to 167,315 tonnes.

Last month's passenger figures were little changed from a year ago, with the number of people passing through the airport increasing 0.4% over the same month the year before to 5.44 million, according to data compiled by Los Angeles World Airports.

...

TKML to export cars through Kamarajar Port 04 March 2015

Toyota Kirloskar Motor Limited, (TKML) will start exporting cars from Kamarajar Port Limited (KPL), for which it had entered into a 10-year agreement with the latter.

An agreement to this effect was signed by the company officials in the presence of Union Shipping Minister Nitin Gadkari and Minister of State for Shipping Pon. Radhakrishnan in New Delhi on Tuesday.

Till recently, TKML was utilizing the services of Chennai Port Trust. However, the company is reported to be shifting the export base due to congestion on road that affected easy movement of trailers. Automobile majors such as Ford, Honda, Nissan, Ashok Leyland and Daimler are already using KPL for expor...

Kerala CM holds talks to resolve Vizhinjam Port issues 04 March 2015

The Kerala Chief Minister, Oommen Chandy, has said that talks were held with the Adani Group, which had reportedly withdrawn from the global tender floated by the Vizhinjam International Seaport Limited (VISL) for the INR 4,000-crore Vizhinjam International Deepwater Seaport project.

The Adani Group said one of the main issues, which forced them to quit the project, was the absence of clarity in the cabotage law. However, the state government had brought the issue to the notice of the Centre, Chandy said.

The Kerala CM said that he would also negotiate with Essar Ports and Srei-OHL consortium, the two other groups which had purchased the Request for Proposal (RFP)...

Govt. to develop Major Ports to contribute 2% of GDP: Gadkari 04 March 2015

The Union Minister for Road Transport, Highways and Shipping, Nitin Gadkari, said, the government proposes to develop the 12 Major Ports in the country so that they along with the highways sector could contribute 2% of the GDP.

After the signing of a memorandum of understanding (MoU) between Kamarajar Port and Toyota, Gadkari said that the car maker was exploring more countries, apart from South Africa, for exporting its vehicles.

The Minister said that "Exports from Kamarajar Port (earlier known as Ennore) will touch 26,000 units this fiscal. Toyota Kirloskar has entered into a pact with the Port for long-term shipments of cars from there.”

...

SCI to buy LPG ships 04 March 2015

Shipping Corporation of India (SCI), which is returning to profits after three consecutive years of losses, is reviving its ship acquisition plans, though in a small way.

It is planning to buy one or two LPG ships, besides placing orders for some smaller offshore vessels this year, at a cost of INR 800 crore, which will be its first vessel acquisition in over three years.

India’s largest ship owner had to shelve its buying plans all these years due to financial losses, tepid freight market and high asset prices. Its losses for the last three fiscals were INR 275 crore, INR 114 crore, INR 428 crore respectively.

AK Gupta, CMD of the company, said t...

Visakhapatnam Port workers protest corporatisation move 03 March 2015

The announcement on corporatization of major ports by converting them into companies as per Companies Act evoked strong protest by a section of the employees of Visakhapatnam Port Trust here on Monday.

Taking strong exception to transform major ports into landlord ports, workers owing allegiance to CITU-affiliated United Port and Dock Employees’ Union and Visakhapatnam Dock Workers’ Union staged a dharna in front of the administrative building of the VPT.

Both the unions had undertaken a sensitisation programme among various departments of the port during February 10-15 against corporatisation.

United Port and Dock Employees’ Union gen...

Kochi port may get a new lease of life 27 February 2015

The Shipping Ministry’s move to develop smart cities in each major port has revived the hopes of cash starved Kochi Port to generate revenue.

Nitin Gadkari, Shipping Minister had announced of Ministry’s plan to build one smart city each at major ports at an estimated total investment of INR 50,000 crore, as country’s 12 major ports are having an estimated 2.64 lakh acre of land in its control.

C.S.Kartha, President, Cochin Chamber of Commerce and Industry said, Kochi port with around 383 hectares in its possession is an ideal location to set up a smart city.

Of this, around 152 hectares on the southern strip of the Willingdon Island ha...

Shipping firms bank on Brazilian ore exports to up freight rates 26 February 2015

Shipping firms are banking on increased iron ore exports from Brazil to China and India to shore up the dry bulk freight market, after it touched a new low earlier this month.

While the tanker market was relatively buoyant the last few months due to low crude prices and concomitant increase in demand for shipment, the Baltic Dry Index (BDI), which measures the cost of shipping bulk cargoes on key ocean routes, fell to its lifetime low in the first week of this month.

In the current situation, shipowners feel an increased flow of iron ore from Brazil, the world’s second largest producer, could boost the rates, as hauling the ore from there to China cost almos...

Govt. to invest INR 50K cr. to build smart cities at Major Ports 26 February 2015

The government plans to invest INR 50,000 crore to build one smart city each at the country’s 12 Major Ports as per international standards, with wide roads, green energy, advanced townships and greenery, it is learnt.

As per the plan, the smart cities and ports would have e-governance links, international standard facilities, special economic zones, ship-breaking and shipbuilding centres, besides allied infrastructure.

Port waste will be converted into biogas and vehicles would run on them. Solar energy and wind power would be generated at ports to make cities pollution-free as per the plan.

...

Visakhapatnam port cargo handling up 25 February 2015

Though there was a steep fall in iron ore exports, Visakhapatnam port could register an increase in cargo handling by about half a million tonnes (mt) during the April-January period compared with the corresponding period last year owing to an abnormal hike in steam coal imports.

During last fiscal April-January period, the port handled 47.8 mt cargo, whereas this year, it increased to 48.3 mt.

However, iron ore declined to 7.2 mt as compared with 10.2 mt last year. Port sources said government policy and fall in intake from Chain were the main reasons for the decline in iron ore exports.

The port lost over 3 mt of ore this year compared with the 11-mon...

MSC to launch direct service between India & China 25 February 2015

Mediterranean Shipping Company S.A. (MSC) has announced the launch of a fixed-day, weekly direct service called "Falcon" between India and China in order to cater to the growing ex-im trade between the two countries and other Fast East and South-East Asian countries, a MSC release said.

The release added, it will also meet the long-standing demand of MSC customers for a direct service between India and China.

According to the company, the port rotation for the new service would be Mundra, Nhava Sheva, Singapore, Nansha, Tianjin, Xingang, Shanghai, Ningbo, Chiwan, Singapore, Colombo, Jebel Ali, Dammam, Jubail, Jebel Ali, Mundra.

With this servi...

Kerala govt. reaches out to Vizhinjam bidders 25 February 2015

The Kerala Government is reaching out to sulking bidders of the Vizhinjam international deepwater multi-purpose port and container transshipment terminal project.

Chief Minister Oommen Chandy held a meeting with representatives of the three bidders - Adani Ports and SEZ, Essar Ports and Srei-OHL Consortium – on Tuesday.

Chandy has promised to talk to the companies separately in order to remove apprehensions, if any, with respect to the project.

The meeting also decided to set a fresh deadline of March 25 for the submission of final tenders. The three companies that had bought tender documents did not submit their bids by the deadline on Monday. It...

Apeejay Shipping appoints Sabyasachi Hajara as a independent director 25 February 2015

Apeejay Shipping has appointed Sabyasachi Hajara as an independent director.

Hajara was previously Chief Executive of Shipping Corporation of India and had been a President of Indian National Shipowners Association (INSA). He was also the Director and Vice President of the International Shipping Federation, an important ship owners’ forum.

Established in 1948, Apeejay Shipping is amongst the country’s largest privately owned shipping companies and is a part of the over INR 6,000 crore Apeejay Surrendra Group.

...

Bulk cargo terminal ready for commissioning at Visakhapatnam Port 24 February 2015

Visakhapatnam Port, which has set in motion serious efforts to become most preferred port of South East Asia, is getting ready to commission the six million tonne multi-commodity bulk terminal.

A senior official of Visakhapatnam Port said that the futuristic berth built by Alba, a joint venture of ABG Ports Limited and Louis Dreyfus Armateurs was likely to receive ships on a trial after which it would launch commercial operations sometime next month.

Developed on a 30-year concession agreement signed with the BOT operator, the berth will have the flexibility to handle various cargoes such as steel and granites, lam and pet coke and metallurgical coke. An investmen...

AP govt. develops Greenfield Sea Port project in Srikakulam 24 February 2015

The Andhra Pradesh Government has kick-started the process of developing the long pending Bhavan-apadu Greenfield sea port project in Srikakulam.

Infrastructure Corpora-tion of AP has issued an Expression of Interest for developing the port on a Design-Build-Finance-Operate-Transfer basis on a public-private-partnership model. This will be the first sea port to materialize since the TD coming to power.

The port will handle cargo from in and out of Srikakulam and Vizianagaram districts of AP and mineral rich states of Chhattisgarh, Jharkhand, Madhya Pradesh and South Odisha. The proposals have to reach the INCAP on or before March 16.

According to the co...

APSEZ handles record rock phosphate 24 February 2015

Adani Ports and Special Economic Zone (APSEZ) has announced that its Hazira Port recently handled a record 188,684 tonnes of rock phosphate, the highest for any commercial port in a calendar month.

With this feat, it surpassed Kandla Port’s all-time best of 182,748 tonnes of the same cargo in June 2012.

According to a communiqué, Adani Hazira Port has established a unique position in handling rock phosphate on the west coast of India. Rock phosphate is the key raw material used in manufacturing phosphoric acid and single super phosphate fertiliser.

This milestone was achieved due to the sustained patronage of SSP manufacturers and persisten...

VPT to purchase hi-tech cranes on BOOT basis for INR 35 cr. each 23 February 2015

Sources said that Visakhapatnam Port Trust (VPT), which has two hi-tech cranes at WQ-1, 2 and 3 and three at EQ 8 and 9, has decided to acquire two more hi-tech 100-tonne mobile harbour cranes estimated to cost around INR 35 crore each, which would be deployed at EQ 5 and WQ 7.

M. T. Krishna Babu, Chairman of VPT, said, "We will acquire two ultra-modern cranes on build, own, operate and transfer (BOOT) basis, for which tenders will be floated shortly.”

The Port also has 15 electric wharf cranes, with capacity ranging from 10 to 20 tonnes. With the new hi-tech cranes, the Port authorities are confident of handling 124 million tonnes (mt) by 2016-17.

...

IPG to develop projects abroad 23 February 2015

India Ports Global (IPG), the special purpose vehicle (SPV) of Jawaharlal Nehru Port Trust (JNPT) and Kandla Port Trust (KPT) to develop port projects abroad, recently held its first board meeting.

JNPT has 60% stake in the SPV, with KPT holding 40%. The Chairman of JNPT is the ex-officio Chairman of IPG and among its three Directors. The other two are the Chairman of KPT and a nominee of the Ministry of Shipping.

The maiden board meeting was held at the Nariman Point premises of JNPT, which is also the Registered Office of IPG.

According to sources, IPG will also be involving private companies in the projects it takes up. They point out that being a go...

Gulf Petro commissions liquid cargo terminal at Pipavav Port 20 February 2015

Gulf Petrochem Group today commissioned the first phase of its liquid cargo storage terminal at the Pipavav Port in Gujarat.

The terminal can handle 2.5 lakh kilo litres of liquid cargo per annum, which can help ease supply and availability of petroleum, non-petroleum and petrochemical cargo in the Northern markets.

The first phase of the terminal has a capacity of 1.1 lakh KL and the second phase with a capacity of 1.4 lakh KL, which will be commissioned by mid-March.

Gulf Petrochem director Manan Goel said, "This project stands as a stepping stone for the terminal storage sector, further consolidating our plans for India and also our future inves...

Coal imports at Major Ports surge 19% in April-Jan 20 February 2015

India’s 12 Major Ports have collectively handled about 70.77 million tonnes (mt) of imported thermal coal between April 2014 and January 2015, around 18.7% more than the 59.64 mt handled in the year-ago period.

Coking coal imports over the 10 months, however, dropped 4.1%, from 27.62 mt to 26.48 mt, data from the Indian Ports Association showed.

Paradip Port on the east coast handled 25.14 mt of thermal coal imports in April-January, up 20.8% from 20.81 mt—the highest share among the ports.

The Port also received the highest coking coal shipments at 6.53 mt, compared to 5.81 mt in the year-ago period, indicating an increase of 12.3%.

...

TAMP gives a boost to Major Ports 19 February 2015

The Tariff Authority for Major Ports (TAMP) has brought the Major Port terminals under the 2013 guidelines that allow market-linked tariff fixation.

Also, the setting of rates for services provided by the Port Trusts has been moved from the 2005 guidelines, it is learnt.

Under the new guidelines, terminals can charge below the reference price without the TAMP’s consent, but for charging above the reference price, they have to inform the Authority in advance, according to sources.

This latest move by the TAMP is seen as not only providing greater flexibility to ports and simplifying their operations, but also facilitating a "level playing fiel...

VPT to gets 2 more hi-tech mobile cranes 18 February 2015

As part of its preparation to handle Panamax ships in the Inner Harbour, Visakhapatnam Port has decided to acquire two more hi-tech 100-tonne harbour mobile cranes. Each crane costs around INR 35 crore.

The port is already operating two such cranes in WQ-1, 2 and 3 and three in EQ 8 and 9. Two have been installed at WQ-6 and are expected to be commissioned soon.

The ultra modern cranes are built with optimised undercarriage concept to have in-house design control system.

Visakhapatnam Port Chairman M.T. Krishna Babu said that “We will acquire two ultra modern cranes on Build, Own, Operate and Transfer (BOOT) basis for which tenders will be floated...

VO Chidambaranar port handles record single day volume of throughput 18 February 2015

VO Chidambaranar port (formerly Tuticorin port) has created a new record by handling 1.47 lakh tonne of cargo in a single day on February 14, thus surpassing the previous record of handling 1.39 lakh tonne on August 31, 2013.

A press release from VOC Port Trust said that some of the major cargoes that contributed to the record achievement include industrial coal, thermal coal, containerised cargo, rock phosphate and furnace oil.

S Anantha Chandra Bose, Chriaman, VOC Port Trust, requested all stakeholders to continue the same level of performance to achieve the shipping ministry’s cargo traffic target of 32 million tonne and container traffic target of 5.47 l...

Vallarpadam terminal to get a thrust from international apparel brands 17 February 2015

The year 2015 may bring laurels to Vallarpadam Terminal in Kochi with international apparel brands evincing interests in using terminal facilities for their export consolidation.

Apparel brand Diesel, which has its vendor base in Tirupur and Bengaluru, has already started utilising the international container transhipment terminal for meeting export requirements to Europe. Several other leading brands with similar vendor bases in Bengaluru have also shown interest in operating from Kochi. Till now, these brands were operating through Chennai and Tuticorin ports.

All these apparel brands are trying to utilise the supply chain benefits of quicker transit time, cost,...

Kandla dock workers union submits memorandum to Gadkari 17 February 2015

The Kandla Transport and Dock Workers’ Union (T&DWU), in a memorandum to the Union Shipping Minister, Nitin Gadkari, when he recently visited the Port, requested him to find solutions to several issues related to the facility.

The memorandum was handed over by the General Secretary of T&DWU, M. L. Bellani, who is also the Labour Trustee, along with other office-bearers of the union, including Lalit Varyani, Nitin Shah and Jivraj Maheshwari, a press note issued by T&DWU said.

The union, in the memorandum, asked the Minister to fill the vacant posts of Chairman, Deputy Chairman and FA&CAO at Kandla Port, which are lying vacant for more than a y...

SCI registers profit for 4th consecutive quarter 16 February 2015

The Shipping Corporation of India (SCI) posted a net profit of INR 31.35 crore, bringing the company’s total profit for the 9 months of the financial year 2014-15 to INR 99.44 crore.

This is the 4th consecutive quarter, in which SCI has posted a profit, thereby maintaining a growth momentum, highlighted an official release.

...

Kochi port begins new service to West Asia 14 February 2015

Kochi port has improved its connectivity to West Asia for exports with the introduction of a new shipping service.

The ship SSL Gujarat -- with a capacity to carry 1,800 Twenty Foot Equivalent Unit (TEU) (23,000 tonnes) started sailing from Kochi non-stop to Jebel Ali, covering a distance of 1,780 nautical miles in five days. The service starts from Kattuppalli in east coast and touches Tuticorin before coming to Kochi port for its final onward voyage to Jebel Ali.

With the introduction of this new service, the long-felt need for a direct sailing from Tuticorin to Kochi was also met thereby facilitating connectivity from east coast ports to this region.

...

Cargo service to Middle East 13 February 2015

Connectivity for export cargo from Kochi to the Middle East has improved with the inauguration of a new service by SSL Gujarat here on Thursday.

The service is being operated by Shreyas Shipping Limited, said a press release from the Cochin Port Trust here on Thursday.

The vessel deployed for the new service has a capacity of 1,800 Twenty Foot Equivalent Unit (TEU) and sails from Kochi directly, non-stop to Jebel Ali, Dubai, to reach there in five days, covering a distance of 1,780 nautical miles. Exporters in Coimbatore and Bengaluru stand to benefit from the speedy services from Kochi.

...

VOC Port begins 1st regular Container Service to Dubai 13 February 2015

The first regular container service to Dubai from V.O. Chidambaranar Port in India commenced. Chairman of the VOC Port Trust S. Anantha Chandra Bose inaugurated the service being operated by Dakshin Bharat Gateway Terminal Private Limited on the 8th berth of the port.

VOC Port will run four container services which would sail from berth 8 at the port run by Dakshin Barath Gateway Terminal Private Limited (DBGT), to Jebel Ali Port in Dubai. MV ‘SSL Gujarat’ with its maiden call hauling general cargo of 507 TEU –Twenty Foot Equivalent units in 487 containers would reach Jebel Ali Port.

The mainline container cargo shipping service, which would star...

Visakhapatnam Port set to handle Panamax ships 11 February 2015

Adani Vizag Coal Terminal Private Limited (AVCTPL), a part of Adani Group, will launch full-fledged operations at the steam coal berth with the Visakhapatnam Port cruising ahead to receive Panamax ships at the inner harbour by March-end.

AVCTPL, which developed a capacity to handle 5 mt of imported steam coal per annum ahead of schedule, launched its commercial operations in October, 2014. As of now it has received over 10 ships.

It created mechanised handling facilities with an investment of INR 400 crore. The draft will be raised from 12.5 metre to 14.5 metre by financial year-end as hard patch blasting is now going on in full gear.

Fully laden Panama...

Adani Ports commissions bulk terminal at Kandla 11 February 2015

Adani Ports and Special Economic Zone Limited (APSEZ), an arm of diversified conglomerate Adani Group on Tuesday announced commissioning of its 20-million tonnes per annum (MTPA) bulk terminal at Tuna Tekra, Kandla Port in Kutch.

The terminal was developed by Adani Kandla Bulk Terminal Private Limited (AKBTPL), a special purpose vehicle made by a consortium led by APSEZ after winning the contract in June 2012.

The company said in a statement, "The terminal was completed within the stipulated time frame. The dry bulk cargo handling terminal facilities includes a T-shaped jetty with four bulk berths, a vessel handling capacity of 1,00,000 DWT with (-) 16.2 m CD...

12 mt of iron ore stranded at various ports in India 10 February 2015

Sources said that as higher quality ore became more attractive to buyers, around 12 million tonnes (mt) of low-grade iron ore has been stuck at various Indian ports for months in the absence of buyers.

An official of the Indian Ore Exporters’ Association said that "For many of us, it’s a case of blocked capital. We are on the brink of sinking.” Domestic steel producers said that they were not able to use the low-grade ore, which was mainly exported to China.

According to data from Steel Index, iron ore for delivery to China recently fell to its lowest since May 2009 at USD 61.30 a tonne, pushing the Index to more than 50% from last year. Bef...

KPCL eyes stake sale to fuel bigger ambitions 10 February 2015

Krishnapatnam Port Company Limited (KPCL), promoted by Hyderabad-based infrastructure conglomerate CVR Group, plans to induct a strategic investor as it looks to become the largest port-cum-coal transshipment hub on the east coast of India.

KPCL said it is in talks with investors for the proposed stake sale.

The talks come as UK-based private equity firm 3i Group Plc, which had taken a stake in KPCL six years ago, looks to exit the company. Chinta Sasidhar, Managing Director of KPCL said that “We are looking at a strategic investor.”

...

Mumbai Port Trust invites bids for INR 2,740 cr floating storage project 10 February 2015

The Mumbai Port Trust (MbPT) has invited bids for development of a floating storage and re-gasification unit (FSRU) in Mumbai Harbour having a capacity of 5 million tonnes per annum (mtpa).

The proposed project will be developed on design, build, finance, operate and transfer (DBFOT) basis under the public-private partnership (PPP) mode, with an investment of INR 2,740 crore.

The last date to submit request for qualification (RFP) is February 18, after which qualified bidders will be asked to submit request for proposal. MbPT has already approached the Ministry of Environment and Forests for approval to the terms of reference.

An environment impact asse...

Khalifa Port 2014 container traffic grow 26% 09 February 2015

Abu Dhabi's Khalifa Port, built on a man-made island, posted 26% year-on-year growth in container traffic after it attracted more shipping lines, its operator said on Sunday.

Abu Dhabi Terminals (ADT) said in a statement, khalifa port handled 1.13 million TEU (twenty-foot equivalent unit containers) in 2014, representing growth of 26%. The new Khalifa port began operations in late 2012 to take over container traffic from the existing Mina Zayed Port.

Four new shipping lines began services to Khalifa Port in 2014, taking the total to 20 lines serving 52 destinations.

"2014 has been the busiest year at Khalifa Port Container Terminal and the fift...

Bangladesh & India to improve infrastructure at land ports 09 February 2015

The 2 neighbouring country Bangladesh and India agreed to improve infrastructure and install testing and warehouse services in all the 16 land ports along the borders of the two countries.

The Joint Group of Customs took the decision to bolster bilateral trade, during its 10th meeting held in New Delhi.

The countries also decided on steps to minimise administrative complexities and operational barriers for quicker clearance of goods through the land ports.

Moreover, the standard regulatory organisations of India and Bangladesh will meet soon to sort out unresolved standardisation issues between the two countries, the Ministry said.

...

Container volume rises 7.5 % at federally-owned Indian ports 09 February 2015

According to provisional port data, India’s Major Ports owned by the Federal Government reported a year-over-year growth in container volumes of 7.5% from April 2014 through January 2015, the first 10 months of fiscal year 2014-15.

The data showed the 12 publicly-owned gateway ports handled 6.64 million twenty foot-equivalent units, up from 6.18 million TEU in the same period in fiscal 2013-14.

Containerized cargo tonnage was up 4.5%, at 99.3 million tonnes (mt). Jawaharlal Nehru Port Trust (JNPT) saw volume increase 9% to 3.72 million TEU, from 3.42 million TEU.

Following a significant deterioration in truck turn times and gate activity in the pa...

Kolkata port averse to subsidies inland waterways cargo 09 February 2015

A top KoPT official has said, Kolkata Port Trust (KoPT) is not enthusiastic on inland water cargo movement considering its low revenue benefits.

A top KoPT official said that “As a port we are not having positive revenue benefits on cargo that is being routed through inland waterways from high sea bypassing Haldia dock.”

He said that “Our total earning impact is to the tune of 70% on cargo meant on riverine route due to subsidy offered by us and other factors leading to lower revenue as compared to traditional port system.” Now, the Centre is gearing up to make it a popular option for ferrying coal in the region.

Ideally, that sh...

City connected to Dubai for cargo transport 07 February 2015

Direct container cargo connectivity has been established between Dubai’s free port Jebel Ali and Visakhapatnam. The connection would save a lot of time and cost in transporting containers.

The container cargo ship SSL Gujarat of the Sheryas Shipping and Logistics of the Transworld group of companies made its maiden call at the Visakhapatnam Container Transport Private Limited on Friday.

With this service, Sheryas, which leads the container cargo sector on the west coast, has extended a direct connectivity to Visakhapatnam on its Pan India Express Service on rotation between Jebel Ali-Mundra-Kattupalli-Visakhapatnam-Tuticorin-Jebel Ali, its Chief Executive Of...

Antwerp port wants Indian investment 07 February 2015

A delegation of the port authorities of Antwerp in Belgium, the second largest port in Europe, will visit India Feb 9-13 to attract Indian investments. India generated a record five million tonnes of cargo in Antwerp in 2014, Antwerp port said in a statement.

"The port of Antwerp has long been convinced of the economic growth potential of India," it said. "Already in 2006, the Port authority appointed its first full-time representative in the port city of Mumbai (in India).

The western Indian cities of Mumbai, Pune and Nasik together form the 'Golden Triangle' of India which, with industries such as IT services, car-making, manufacturing and...

Coast Guard rescues crew of Maldivian cargo ship 06 February 2015

Indian Coast Guard today rescued all 11 crew members of a cargo vessel bound for Maldives as it started sinking off the Vizhinjam coast near here.

On getting distress signal from the Maldivian vessel, Coast Guard rushed rescue teams in two ships and saved all the crew members. Coast Guard officials said, the water inside the vessel was pumped out and it is being towed ashore.

The vessel, carrying food products to Maldives, had set off from the Vizhinjam port last evening. After it sailed for about three hours, it got flooded.

Though the crew members tried to steer the vessel to the shore, their attempts failed and it started sinking.

...

VOC Port gets two new container feeder services to Colombo 06 February 2015

2 new container feeder services to Colombo have commenced from Dakshin Bharat Gateway Terminal (DBGT) at V.O. Chidambaranar Port here.

The newly started Box consortium (BTL, OEL and X-Press Feeder) has declared a third string call to the DBGT. This service would be operated twice a week to Colombo. The maiden call of the service by M.V. Bauhinia commenced on February 1, 2015. So far, in the current fiscal, 34,209 Twenty-Foot Equivalent Units (TEU) had been handled by the DBGT.

With the commencement of two Box consortium services and existing two Simatech services, the DBGT would be operating four services every week to Colombo.

According to a statement ...

GPPL profit grows 16% in OctóDec 05 February 2015

Gujarat Pipavav Port Limited (GPPL) today reported 15.8% rise in net profit at INR 89.31 crore for the quarter ended December 31, 2014, due to increase in cargo exports.

The company’s net profit in the quarter ended December 31, 2013, was INR 77.06 crore, it said in a filing to BSE.

The company said in a statement, the profit was “mainly driven by an increase in cargo exports as well as increase in coal and fertiliser imports.”

Total income from operations during the quarter increased to INR 184.48 crore, over INR 145.23 crore in December 31, 2013. “Bulk cargo increased 128%, mainly driven by higher coal and fertilizers.

...

Cargo vessel develops leak off Kerala coast 05 February 2015

A cargo ship laden with foodgrains and bound for Maldives has reportedly developed leak roughly 13 km away from the Vizhinjam coast here.

Water began seeping in at 2.45 am, according to early reports reaching here.

Further details of the identity and ownership of the freightliner are awaited. Responding to distress signal, the Coast Guard and Marine Police from Vizhinjam have reached the vessel, an official spokesman said.

But most of them are reluctant to leave the ship mid sea and would rather explore the option of salvaging it and guiding it back to coast, the spokesman said.

...

Kattupalli port handles 100th container ship 05 February 2015

The MV IBN AL ABBAR, deployed on the TCX service, which called at Kattupalli port on January 30, 2015, was the 100th container ship that berthed at the facility since its inauguration on the same day in 2013.

To mark the occasion, a small ceremony was held on board the vessel, which saw Capt. N. Viswanathan, GM-Marine and Operations, Kattupalli Port, greet the Chief Officer of the vessel, Tarun Kumar.

The L&T Port management thanked the trade fraternity for the support extended to Kattupalli. The port handled over 8,500 Twenty Foot Equivalent Unit (TEU) in January 2015, highlighted a release.

...

Iron ore stuck at Indian Ports 05 February 2015

Industry and Government officials said that, around 12 million tonnes (mt) of low-grade iron ore has been stuck at Indian ports for months, stranded as hefty export taxes and plunging prices make higher quality ore more appealing to buyers.

Indian steel producers, many of which have been buying iron ore overseas amid short supply at home, are unable to use the low-grade material, which is typically shipped to top market China.

The stranded ore is bad news for Indian miners and exporters who are smarting from a 30% duty on iron ore exports, and comes as a handful of large international miners are bent on maximising output to push out smaller rivals.

&quo...

V.O. Chidambaranar Port Trust bags award 05 February 2015

V.O. Chidambaranar Port Trust (VOC), Tuticorin, has bagged the gold award for 2014 for outstanding achievement in environment management.

Greentech Foundation, an agency recognised by the Ministry of Shipping, has extended this award at a programme in Kolkata on January 29.

This foundation extends awards every year for implementing environment management system in different sectors such as manufacturing, steel, coal, oil, port and services.

According to a statement issued from the port trust here on Tuesday, Deputy Chairman of Port Trust S. Natarajan received this award from former West Bengal Chief Secretary Asok Mohan Chatterjee at the 15th Annual Gre...

DP World posts 8.9% volume increase to 60 million TEU in 2014 04 February 2015

DP World, posted an 8.9% year-on-year increase in container throughput to 60 million TEU across all its terminals in 2014.

DP World chairman Sultan Ahmed Bin Sulayem said that "With volume growth of 8.9% in 2014 we believe we have once again outperformed the expected 2014 market growth of 5%.”

He said that "This demonstrates that a portfolio focused on origin and destination cargo and faster growing markets continues to be the right strategy. Our new developments at London Gateway and Embraport contributed to our excellent 2014 performance.”

Growth in 2014 was largely driven by the Asia Pacific and India subcontinent region, Europe...

Telangana govt. plans to set up dry port 03 February 2015

To help industries in the newly-carved out state to facilitate exports, the Telangana government plans to set up a dry port, it is learnt.

It will either come up at Patancheru on the outskirts of Hyderabad, or at Kottur in Mahbubnagar district, sources said.

The state does not have any sea ports. Both the proposed locations are well connected by rail, enabling exporters to easily transport their cargo to a sea port in Andhra Pradesh.

While there are many industries located in and around Patancheru, huge industrial clusters are coming up in Kottur, sources said.

About 100 acres of land would be required to set up the dry port with storage faci...

V.O. Chidambaranar Port gets Capesize vessel 03 February 2015

The V.O. Chidambaranar Port (VOC), formerly Tuticorin Port, received a Capesize ship of 1,81,456 DWT recently, the biggest ship to call at the Port thus far, for discharging 6,000 tonnes of iron ore at anchorage, according to a Port communiqué.

The discharge was done using a floating crane. Until now, lightening of cargo from deep-draught ships at the Port anchorage was done using the ship’s crane, but things changed after the Port was granted a licence for operating a 32-tonne floating crane along with 3 barges. It was commissioned on December 8, 2014.

It was because of the availability of the floating crane that the vessel, carrying 1,77,068 tonnes ...

Maersk Line plans to order 10 new mega Containerships 03 February 2015

Maersk Line, the world’s biggest container-shipping company by capacity, is in talks to buy 10 new mega Containerships for USD 1.5 billion according to the sources.

The ships will purportedly be Maersk Line's largest vessels to date and have a capacity to move around 20,000 containers each and that the order likely would be completed in the first quarter.

Maersk Line Chief Executive Soren Skou said in November that the Danish giant was looking to place new orders of mostly large container ships in the first half of this year.

"The new ships will replace smaller ones which will be cascaded to less-busy routes and put the pressure on smalle...

Union Ministry of Shipping begins feasibility study for Dry Port 02 February 2015

The sources said that the Union Ministry of Shipping has proposed a dry port here and has begun a feasibility study. There were proposals for similar facilities at Wardha and Jalna in Maharashtra too. 

If the Union Government finds it feasible to set up the dry port here, it would facilitate an inland intermodal terminal directly connected by road or rail to a seaport and would operate as a centre for the transshipment of sea cargo to inland destinations, the release said.

...

Capesize ship calls at V.O. Chidambaranar Port 02 February 2015

A capesize ship of 1,81,456 deadweight tonnage (DWT), ‘M.V. Lake D,’ called at the V.O. Chidambaranar Port here on Saturday, and offloaded 6,000 tonnes of iron ore at the anchorage.

It was the biggest ship to have called at the port. With the floating crane facility available at this port, the ship, carrying 1,77,068 metric tonnes of iron ore with a draught of 18.34 metres, was nominated to the port for offloading 6,000 tonnes of iron ore.

The biggest ship that called at the port last was M.V. Mutiara of 83,341 DWT. It anchored at the port on October 7, 2013, to offload coal, according to a statement issued by VOC Port Trust here on Saturday.

...

Feasibility study begins for dry port 31 January 2015

The Union Ministry of Shipping has proposed a dry port here and has begun a feasibility study.

A release from the Press Information Bureau said there were proposals for similar facilities at Wardha and Jalna in Maharashtra too.

If the Union government finds it feasible to set up the dry port here, it would facilitate an inland intermodal terminal directly connected by road or rail to a seaport and would operate as a centre for the transshipment of sea cargo to inland destinations, the release said.

...

Logistics: Weekly fast service from Mundra to Africa 30 January 2015

Mundra International Container Terminal (MICT), run by global port operator D P World, has announced the launch of a fast weekly service from Mundra to Africa.

This began on January 24 with the berthing of Maersk Line’s new direct service, MESAWA, from Mundra to South and West Africa. The service will run between D P World’s Jebel Ali port, Mundra and Nhava Sheva to South and West Africa.

With this service, Maersk Line intends to reduce the transit time on the trade route as it will offer a reliable and efficient link between India and Africa, according to a release here.

The Maersk Line-operated weekly service is scheduled to call at MICT e...

APSEZL Q3 net up 14% at INR 512 cr 29 January 2015

Adani Ports and SEZ Limited (APSEZL), India’s largest port developer and a part of conglomerate Adani Group, on Wednesday reported a 14% increase in consolidated profit after tax (PAT) and 38% rise in income in the third quarter of fiscal 2014-15, ended December 31, 2014, compared to the corresponding period previous fiscal.

While the company’s income was INR 1,701 crore (INR 1,236 crore), its PAT stood at INR 512 crore (INR 451 crore), according to a company statement here.

Gautam Adani, Chairman, Adani Group said that these results include the results of Dhamra Port Company Limited, which APSEZL had acquired in June 2014.

...

Sanghi Industries to develop port facilities in Gujarat 28 January 2015

Cement maker, Sanghi Industries proposes to set up a terminal with an investment of INR 50 crore at Navlakhi port in Kutch.

The development is in line with the Union Ministry of Shipping’s agenda to increase transportation through the coastal sea route.

A senior official of Sanghi Industries said that "We will invest an additional INR 100 crore to further develop the terminal at Navlakhi as the sea route reduces our transportation cost considerably.”

The company has been a partner for the Vibrant Gujarat Global Investors’ Summits since 2003. It signed MoUs in the areas of renewable energy and sustainable environment on the coast a...

India and Iran planning to launch direct Shipping Line 28 January 2015

Gholam Hossein Shafeyee, Chairman of Iran Chamber of Commerce said that Tehran and New Delhi have a plan to establish a direct shipping line between Iranian Chabahar and Indian Mumbai Ports.

Shafeyee said, “This is the best, the shortest and the most economical route for the export of the Indian commodities to Central Asia, the Caucasus and Europe.”

He further added that with the establishment of this shipping line along with North-South and East-West corridor and the railway of the country, ground will be prepared for enhancement of bilateral relations.

The Iranian official noted that Iranian and Indian trades through joint investment can p...

Cargo volume at 12 major ports up 5.04% in Apr-Dec 2014 28 January 2015

Cargo traffic rose by 5.04% to 433.86 million tonnes (MT) at 12 major ports during April—December 2014 as compared to the same period of previous year.

According to the latest data, Kandla Port handled the maximum 70.85 MT of cargo during the period, which was up 7.22% againts 66.08 MT during April—December 2013. Paradip Port handled 53.52 MT, the second highest cargo traffic during the first nine months of the current fiscal.

JNPT at Mumbai handled 48.07 MT while Visakhapatnam port handled 43.79 MT of cargo during April—December. Chennai handled 39.78 MT, Kolkata 32.37 MT, New Mangalore 27.10 MT, VO Chidambaranar 23.30 MT, Kamarajar (Ennore) 22....

Bidder for dry bulk handling at Kolkata Port 27 January 2015

Ripley & Co. is said to have emerged as the highest bidder for the handling agency licence at Kolkata Port Trust (KoPT). It will reportedly pay a royalty of INR 14.77 per tonne of cargo.

The company will be responsible for shore handling and supply of manpower and equipment to handle dry bulk cargo.

Prior to this tendering, stevedores had been carrying out shore operations without paying any royalty to the Port, it is learnt.

...

Plan for cargo vessel service to Kollam 27 January 2015

VOC Port Trust Chairman S. Anantha Chandra Bose said that efforts were under way to start shipping services from V.O. Chidambaranar Port here to Kollam for transporting cashew, timber, fly ash and other cargoes.

In his speech after unfurling the Tricolour during the Republic Day programme on Port School ground, he said the Kollam cargo service had been planned under ‘Sagar Mala,’ a Central government project aimed at port-led growth of Indian economy. He observed that the biggest challenge faced by the country was infrastructure development.

Bose took salute from Central Industrial Security Force (CISF) and port fire service personnel, and port school ...

Visakhapatnam Port handles 46.5 mt of cargo 27 January 2015

According to Chairman M.T. Krishna Babu, Visakhapatnam Port has so far handled 46.5 million tonnes (mt) of cargo during the current financial year in spite of the setback suffered due to the severe cyclone, Hudhud, which hit the city and port last October.

Krishna Babu said the all the major ports, 12 in the country, had handled 434 mt till the end of December during the current financial year against 413 mt during the corresponding period last year.

He said, "Visakhapatnam Port has performed very creditably during the period in spite of the setback suffered due to cyclone Hudhud. The staff, the BOT operators, and all others connected with the port showed rem...

NMPT to mechanise a berth 27 January 2015

According to PC Parida, NMPT Chairman, New Mangalore Port Trust (NMPT) has taken up the mechanization of a berth and the development of another berth.

Speaking at the republic day function at New Mangalore on Monday, he said the ‘Make in India’ programme launched by the Prime Minister will spur development and increase the export-import trade for which Indian major ports should enhance their capacity and efficiency.

To meet the challenge, NMPT has taken up the project for mechanisation of berth number 18 and the development of berth number 19 on public-private partnership (PPP) mode to enhance the capacity and productivity.

The port has iden...

Govt. to spend INR 20,000 cr in three greenfield ports 26 January 2015

The government has firmed up a plan to develop greenfield ports at Dahanu, Vijaydurg and Revas in Maharashtra in association with the Maharashtra government and the private sector.

Total investment is estimated to be well over INR 20,000 crore and each port is expected to handle 40 million tonnes of cargo annually.

The Union minister of ports, Nitin Gadkari, said, “The development of these ports will be done under Centre’s Integrated Ports Development plan wherein ports, roads and railway network will be simultaneously developed.

The ministry has completed the initial study regarding the development of these ports and held talks with the Mah...

Maritime trade poised for a big leap 26 January 2015

Visakhapatnam-Chennai Industrial Corridor (VCIC) and Sagar Mala project proposed by Prime Minister Narendra Modi would take port-based development in Andhra Pradesh to the centre-stage, said Visakhapatnam Port Chairman M.T. Krishna Babu on Thursday.

Delivering the theme address at the third edition of East Coast Maritime Business Summit organised here by ‘Maritime Gateway’ in collaboration with Visakhapatnam Port and Visakha Container Terminal, he admitted negligence of East Coast compared to West Coast in encouraging maritime-based industries.

Referring to Sagar Mala, he expressed optimism that the ambitious project would help augment infrastructure i...

DCI Chief: too many ports will ruin the coastline 25 January 2015

According to Capt DK Mohanty, Chairman and Managing Director of Dredging Corporation of India (DCI) based at Visakhapatnam, there seems to be a scramble among coastal states - Odisha, Andhra Pradesh and Tamil Nadu - to take up the construction of as many ports as possible, but the ecological costs and consequences should also be borne in mind.

He was speaking here on Friday at the East Coast Maritime Business Summit organised by the Hyderabad-based magazine, Maritime Gateway. He said the AP Government had announced its intention to take up 14 new ports and "not to be outdone the Tamil Nadu and Odisha Governments have also made similar announcements. But the moot point i...

Private firms are interested in developing four ports in State 25 January 2015

Private companies have shown interest in developing four of the 12 minor ports in the State, according to Minister for Ports and Textiles Baburao Chinchansur.

He told presspersons here on Saturday that the ports of Belekere and Honnavar were among those to be developed for cargo movement, both imports and exports. About INR 10,000 crore is expected to be invested in the public-private partnership (PPP) mode.

He said that the State’s proposal for the constitution of a Maritime Board was pending with the Home Ministry which is expected to send it to the President for his assent. He would soon visit New Delhi to expedite the matter.

The Minister said...

Shreyas Shipping and Logistics acquires another box ship for USD 5.4 million 24 January 2015

Shreyas Shipping and Logistics has expanded its coastal container service capacity with an additional 1613 Twenty Foot Equivalent Unit (TEU) ship.

The vessel `SSL Gujarat’ acquired at a cost of USD 5.4 million from the group company OEL, will join the fleet in India next week.

This will enable Shreyas to offer a fortnightly service linking all the major ports on east and west costs from Mundra in Gujarat to Kolkotta—the first company to provide such a service.

The service will operate on rotation on the Mundra – Tuticorin - Katupalli – Vizag – Tuticorin – Cochin - Jebel Ali – Mundra sector.

The servic...

AP govt. planning to build 14 new ports 23 January 2015

Visakhapatnam Port Trust chairman M T Krishna Babu said, Andhra Pradesh Government plans to construct 14 more ports in the state.

Addressing a Maritime Business summit here, Krishna Babu underlined that ports along the east coast are gaining importance and ports in the state have to play a key role in economic growth of the country.

He said that "It is necessary to use the capacity of the existing ports (four in total) to the full and the railway network and roadways should be improved for the speedy cargo evacuation from ports.”

Krishna Babu said Sagaramala Project of Central government would pave the away for interlinking of ports and devel...

Port and dock workers to protest against corporatisation of major ports 23 January 2015

The port and dock workers in the country are gearing up for an industrial action in protest against amending existing labour laws to enable corporatisation of major ports.

P.M. Mohammed Haneef, general secretary, All India Port & Dock Workers Federation said, the date for industrial action will be decided after a joint meeting with other five federations of port and dock workers to be held in Mumbai on January 28 and 29.

Expressing concern over the move to corporatise major ports under the guise of infrastructure development and by handing it over to MNC’s, he said it would adversely affect the survival of several thousands of port and dock workers and p...

Shipping Ministry urges Major Ports to develop 2 berths for Coastal cargo 22 January 2015

Shipping Ministry has asked all 12 Major Ports to develop 2 berths each exclusively to handle Coastal cargo in a move to boost Coastal Shipping as an alternate to road and rail transport.

The Shipping Ministry recently issued a circular asking the major ports to submit the proposal of building at least one berth by this year end.

A senior Ministry official said that "They must plan for the second one subsequently. There is huge scope for Coastal Shipping in the country. Once we have exclusive berths and the process is simpler, there will be good flow of coastal cargo. This sector is going to grow rapidly.”

Already some of the ports have intro...

Freight rate hike to boost SCI 21 January 2015

Shares of Shipping Corporation of India will remain in focus on reports that it will increase freight rates for shipments to the European region by USD 300 per twenty-foot equivalent unit (TEU) and by USD 600 per 40-foot equivalent unit.

The increase in rates will be effective February 9, the company said in a release. The increase in freight rates would be valid on shipments routed through the Mediterranean, Black Sea and Red Sea paths.

Shares of Rs. Software will remain in focus on the bourses from Wednesday, as it has fixed January 21 as the ex-date for stock split. Rs. Software proposes to subdivide each share of face value 10 to 2 shares of face value 5 each....

Ports asked to develop 2 berths for coastal cargo 21 January 2015

Sources said that In a move to boost coastal shipping as an alternate to road and rail transport, shipping ministry has asked all 12 major ports to develop two berths each exclusively to handle coastal cargo. Each such berth would need an investment of about INR 250 crore.

The shipping ministry recently issued a circular asking the major ports to submit the proposal of building at least one berth by this year end.

A senior ministry official said that "They must plan for the second one subsequently. There is huge scope for coastal shipping in the country. Once we have exclusive berths and the process is simpler, there will be good flow of coastal cargo. This s...

Leipzig airport cargo traffic rise 2.7% in 2014 20 January 2015

Leipzig/Halle airport handled 910,708 tonnes in 2014, up 2.7% on prior year and crowning a decade of continuous cargo volume growth.

“Germany’s second-largest freight hub was able to continue consolidating its position as one of the most important air freight handling centres in Europe through an increase in express freight and new routes to Russia and Asia,” says Markus Kopp, chief executive at parent company Mitteldeutsche Flughafen, which also has Dresden Airport within its portfolio.

“The positive development in passenger numbers has also given us a sense of confidence; they showed significant growth from the start of the year and were ...

Visakhapatnam Port completes first phase dredging 20 January 2015

The Visakhapatnam Port achieved a landmark by completing the first phase of dredging in the Inner Harbour to handle ships with deadweight tonnage of 60,000 without lightening.

Port Chairman M.T. Krishna Babu said that now they had increased the draft to 12.5 metres, ending the need to offload some cargo from large ships in the Outer Harbour to allow them to navigate into the Inner Harbour.

The dredging, which involved blasting of rocks between two hills to increase the depth of the entrance channel, would be completed by March 31 with a total investment of INR 300 crore.

Once it is completed to raise the draft to 14.5 meters, the port would be handling ...

Nitin Gadkari says: govt. plans to convert 101 rivers into waterways 20 January 2015

Union Minister Nitin Gadkari said, the Government has set an ambitious target to convert 101 rivers across the nation into waterways, keen on promoting water transport to propel economic growth.

The Minister for Road Transport, Highways and Shipping said, "Promoting waterways is the top-most priority of my Ministry.

We have identified 101 rivers across the nation to be converted into waterways, which are much cheaper mode of transport.”

He said a slew of steps were underway to promote the sector as the country was yet to tap the potential of waterways despite being cost effective than road and rail transport adding that waterways could contri...

VPT to issue Letter of Award to Essar Group for 3 berths 14 January 2015

After sorting out of the teething problems, Visakhapatnam Port Trust (VPT) is all set to issue Letter of Award to Vadinar Oil Terminals, part of Essar Group, to launch work on development and operation of three iron ore berths.

This will be the second facility being developed on the East Coast by Essar Group, one of the largest private sector port companies in India.

It has already developed four berths at Paradip. By adding 23 million tonnes (mt) in three years at Vizag, the Essar Group, a BSE and NSE-listed company, will have a total iron ore handling capacity of 39 million tonne per annum (mtpa) on the East Coast. It has terminals at Vadinar and Hazira on the W...

Paradip Port gets 24√ó7 Customs clearance service 14 January 2015

Paradip Port gets 24x7 customs clearance service (P)Paradip port has been brought under the cover of 24×7 customs clearance service which would make sea-route export and import operation hassle-free.

The Central Board of Excise and Customs (CBEC) has introduced the service in Paradip in respect of specified import and export goods.

The factory-stuffed containerised cargos and goods exported under free Shipping Bills would be covered under the round the clock clearance service. Earlier the customs clearance was time-consuming and cumbersome process.

The extension of 24×7 customs service would benefit the traders, shipping agents and exporters...

Adani Group to invest INR 20,000 cr in Gujarat Ports in next 5 years 14 January 2015

Adani Group announced INR 20,000 crore investments for expanding the capacity of its Gujarat ports to 100 million tonnes per annum by 2020 on January 12, 2014.

The investment is on the top of INR 25,000-crore spending the Group had announced on the first day of Vibrant Gujarat Summit here.

Adani Ports & Special Economic Zone (APSEZ) - a part of the Adani Group - is India's largest multi-port operator. It operates six ports in the country including four in Gujarat - Kandla, Mundra, Hazira and Dahej.

The ports handled a total cargo of 112.8 million tonnes in 2014. Adani said that "We are signing exclusive Memorandum of Understanding (MoU) wit...

Visakhapatnam port achieves 12.5-m draft in inner harbor 14 January 2015

According to Chairman M.T. Krishna Babu, Visakhapatnam port has achieved a 12.5-m draft and 14-m depth in the inner harbour, facilitating the handling of Panamax ships.

He was speaking at a press meet organised here on Monday by the Hyderabad-based magazine, Maritime Gateway, which is conducting the east coast maritime business summit here on January 22 and 23.

He said the existing berths would be strengthened and news ones built in the inner harbour for handling ships. Hailing it as a major achievement, he said dredging was completed in difficult conditions to deepen the channel. In the second phase, the draft in the inner harbour would be improved to 14.5 m and ...

Cargo volume at Major Indian Ports rises 12 January 2015

India’s Major Port complexes controlled by the Federal Government saw volume rise 8.2% in the first three quarters of financial year 2014-15 despite port congestion and the resulting diversion of some traffic to private, or so-called minor, ports.

From April to December, major ports handled 5.98 million twenty-foot-equivalent units (TEU), up from 5.53 million TEU in the same period in 2013, according to preliminary port data available from official sources. Containerized cargo tonnage in the period climbed 5.46% to 90 million tonnes (mt).

Container handling at Jawaharlal Nehru Port Trust (JNPT) was up 12% in the nine months through December, at 3.35 million ...

JN Port 2014 up 8% to 4.45 million TEU, DP World CT up 150% 10 January 2015

Jawaharlal Nehru Port (JNPT) has increased container throughput 8% year on year to 4.4 million Twenty Foot Equivalent Unit (TEU) in 2014.

JNP had handled over 4.45 million TEU as December 31, against 4.12 million TEU last year.

Jawaharlal Nehru Port Container Terminal (JNPCT) itself increased volume 2.3% to 1.30 million TEU.

APM Terminals Mumbai was up 2.5% to 1.98 million TEU while DP World Nhava Sheva operation shot up 150% to 1.15 million TEU.

...

CSL in talks with Australian firm to build high-speed ships 10 January 2015

The public sector Cochin Shipyard Limited (CSL) is in talks with the Australian company Incat for a technical tie-up to manufacture high-speed passenger vessels.

The yard hopes to make light weight vessels initially for Lakshadweep Administration to operate on the Kerala-Lakshadweep route, Union Shipping Minister Nitin Gadkari said after visiting the Cochin Shipyard.

The Minister said the government is trying to get the technology for making LNG ships in India. Efforts are on to persuade South Korean yards to part with the technology. CSL is one of the three yards bidding for Gas Authority of India’s tender for building LNG vessels in India.

He ad...

GAIL plans to purchase LNG vessel from Indian firms in limbo 08 January 2015

GAIL (India), which plans to purchase a third of LNG vessels from Indian shipbuilders under a Government, has extended for the third time the closing date for the tender.

This is because the PSU firm is not able to get responses from international shipbuilders, given the condition that they should lend their technology to Indian firms.

There is a mandatory provision in the tender that one ship in each lot has to be built in partnership with Indian shipyards. This is a part of the ‘Make in India’ effort.

The tender needs to be finalized and awarded by May to start supplies from December 2017. According to sources, the tender will now close on...

Thermal coal imports thru Major Ports up 18% in April-Dec. 2014 08 January 2015

According to data of Indian Ports Association, India imported 63.61 million tonnes (mt) of thermal coal during April-December 2014 through its 12 Major Ports, which is 18% higher than a year earlier.

Among them, the highest thermal coal imports of 22.45 mt were handled by Paradip Port during the period, which was more than 21% as compared to the previous year, data showed.

Paradip Port also received the highest coking coal shipments of 5.8 mt during the period, registering an increase of 7%.

Meanwhile, imports of coking coal by all Major Ports for the first nine months of the fiscal year (April-March) dropped by 7% year-on-year to 23.5 mt.

...

Cranes from China arrive at Visakhapatnam Port 07 January 2015

West Quay-6 berth developed under BOT basis at Visakhapatnam Port by WQ Multiport Private Limited (WQMPL) will be operational by February 15 with the arrival of India’s largest level-luffing cranes from China on Tuesday.

Two cranes each with capacity of lifting 160 tonne with a discharge capacity of 20,000 tonne per day were brought here from Dalian from DHHI, the manufacturer at a cost of INR 80 crore by m.v. Zhi Xian 2.

Orissa Stevedores Limited is the steamer and custom house agent for the ship. The cranes will have mechanised hoppers to minimise pollution with dust separation system.

The roll off operation will take four days.

The c...

Visakhapatnam Port Trust to take long term measures to curb beach erosion 07 January 2015

According to Chairman M.T Krishna Babu, the Visakhapatnam Port Trust (VPT) is spending INR 9 crores per annum on beach nourishment and curbing erosion and is willing to spend more for the purpose.

He was speaking at a press meet here on Tuesday on the issue which is currently in the news in view of the marked erosion at certain places on the beach in the city.

He said the Chief Minister had convened a meeting in Hyderabad on Monday and formed a committee with the VPT chairman as the head to address the problem.

He said that "The National Institute of Ocean Technology will be the nodal agency and the NIOT has been instructed to study the problem at ...

Cochin body wants port handling charges reduced 05 January 2015

The Greater Cochin Development Watch (GCDW) has urged the Union Ministry of Shipping to retract the recent hike in handling charges at Cochin Port.

The NGO recently communicated to the Ministry pointing out that the increase in the charges would have an adverse impact on the port and the Vallarpadam international container transhipment terminal (ICTT).

...

Evergreen to get delivery of 27th 8,500 TEU newbuilding 03 January 2015

Evergreen Group has held a naming ceremony for its seventh L-type vessel to be built by Taiwan's CSBC Corporation, the 8,508 Twenty Foot Equivalent Unit (TEU) Ever Lunar, at the shipbuilder's Kaohsiung shipyard.

The newbuilding that is owned by Evergreen Marine Corporation (Taiwan) Limited will be delivered in January to join the shipping line's Far East-Arabian Persian Gulf (APG) service.

A statement said, the L-type ships were ordered to assist in the shipping company's on-going fleet renewal programme that began in 2010.

Twenty of these ships were ordered from Samsung Heavy Industries and another 10 from CSBC.

The Samsung b...

Draught at Kolkata Port should be increased to 14 m 03 January 2015

A study by Assocham-ICAI said, there is an urgent need to increase the draught at Kolkata Port to 14 meters from the present 7 meters as it is inadequate for dealing with bigger ships.

The study said there was also a need to get around red-tapism and increase the pace of dredging, which has been inadequate.

The study observed that another area where the Port needed to give priority was the existing poor and ageing infrastructure, including the rail link. It also noted that the allied logistics for the proposed Diamond Harbour Container Terminal should be streamlined soon.

Suggesting the need to review the existing tariff policy at the government-run Por...

Reduce port handling charges 02 January 2015

The Greater Cochin Development Watch (GCDW) has asked the Union Ministry of Shipping to rescind the recent hike in the handling charges at the Kochi port.

The NGO, in a letter to the ministry, pointed out that the increase in the handling charges would adversely affect the port and the Vallarpadam container transhipment terminal, which is functioning far below its capacity.

The GCDW said that the terminal, which has a capacity to handle 1 million Twenty Foot Equivalent Unit (TEU) of cargo, was now handling only 3.5 lakh TEU. The rate hike would further lower this.

...

Jawaharlal Nehru Port creates record handling of 4.45 million TEU in 2014 02 January 2015

Jawaharlal Nehru Port has again crossed the 4.4 million Twenty Foot Equivalent Unit (TEU) throughput mark for the calendar year 2014.

It had handled over 4.45 million TEU when last reports came in on Wednesday (December 31), against 4.12 million TEU last year.

Among the individual terminals, JNPCT continued its impressive performance from the last calendar year, handling an increased 1.30 million TEU (1.27 million TEU) while APM Terminals Mumbai and DP World Nhava Sheva registered figures of 1.98 million TEU (1.89 million TEU) and 1.15 million TEU (0.94 million TEU) respectively, it is learnt.

...

KPCL targets to handle 100mt by 2018 02 January 2015

Krishnapatnam Port Company Limited (KPCL), a privately built and owned deep water port on the East Coast in Andhra Pradesh, which installed a mechanized coal handling system, has targeted to handle 100 mt by 2018.

KPCL said coal imports from the port were surging every year and was likely to hit 100 mt in the next 10 year.

At present, coal accounts for 80% of the cargo being handled by the port.

Stating that several power companies were currently building coal-fired electricity generating units in and around Krishnapatnam with a combined capacity of up to 15,000 Mw, KPCL said these power plants cumulatively were expected to import at 70 mt a year throug...

Nitin Gadkari announces investments in ports, roads in WB 27 December 2014

Minister for Shipping, road transport and highways Nitin Gadkari announced massive investments in ports and roads sector in West Bengal which would help boost the State's economy.

Gadkari, who met West Bengal Chief Minister Mamata Banerjee at the state secretariat here, said that the Kolkata Port Trust (KoPT) along with the State Government would construct a port in the Sagar Islands at an investment of INR 12,000 crore.

He said that there was also a need to construct a bridge or an underground tunnel for this purpose in addition to a railway line, adding a consultant was to be appointed for this. In addition to the Sagar port, Gadkari had also announced addit...

4 private firms keen on Mormugao Port dredging project 27 December 2014

Four private firms have so far been keen to partake in the first dredging project to be undertaken on public-private partnership (PPP) basis at Mormugao Port.

The pilot project, to be undertaken at the Mormugao Port, involves deepening of its navigation channel from an existing draught of 14.1 meters to 19 meters at an estimated cost of INR 300 crore.

Normally, ports undertake capital dredging at their own expense, but with government support in some cases. It is a recurring expense for most ports in India.

This is the first time that dredging is being made as a revenue generating project in the country.

The private party will not only bear t...

APM Terminals and NYK Auto to create RoRo facility at Pipavav Port 27 December 2014

The APM Terminals-operated Gujarat Pipavav Port Limited (APM Terminals Pipavav) and NYK Auto Logistics (India) on Friday announced setting up of a dedicated automobile yard (RoRo) at Pipavav port.

Under the arrangement, NYK Auto has been sub-leased land parcels by Gujarat Pipavav Port inside its premises for developing a dedicated common user integrated roll-on roll-off (RoRo) terminal with India’s first port based PDI and Vehicle Processing Center.

Gujarat Pipavav Port will provide all the port and related facilities to the logistics operator for ensuring smooth and seamless flow of automobile cargo.

The yard is expected to be commissioned in the...

Union govt. gets initiatives to increase coastal cargo movement 25 December 2014

The Union government has taken several initiatives to increase the coastal cargo movement in the country, the Minister of State for Shipping, Pon Radhakrishnan, informed the Upper House of Parliament.

As per a report by the National Transport Policy Committee of 1980, though there are about 14,500 kilometer (km) of waterways in the country, which could be navigated by country boats, only 5,200 km of major rivers and 485 km of canals were suitable for mechanised crafts, he said.

The government had issued the River-Sea Vessel (RSV) Notification for moderating the technical and manning requirements for vessels operating within the Indian territorial waters by the Dir...

Cos keen on Mormugao Port dredging project 24 December 2014

4 private firms have so far been keen to partake in the first dredging project to be undertaken on public-private partnership (PPP) basis at Mormugao Port.

The pilot project, to be undertaken at the Mormugao Port, involves deepening of its navigation channel from an existing draught of 14.1 meters to 19 meters at an estimated cost of INR 300 crore.

Normally, ports undertake capital dredging at their own expense, but with government support in some cases. It is a recurring expense for most ports in India. 

This is the first time that dredging is being made as a revenue generating project in the country.

...

Latvian ports register 6% rise in cargo turnover in January-November 24 December 2014

Cargo turnover at Latvian ports reached 68 million tonnes (mt) in January-November 2014, 6% more than in the same period in 2013.'

In January-November 2013, Latvian ports handled 64.12 mt of cargo. The Freeport of Rīga handled 37.26 mt of cargo in January-November 2014, 15.7% more than in the respective period in 2013. The Freeport of Ventspils handled 24.7 mt, a 7.3% reduction, the Port of Liepāja – 4.9 mt, a 12.1% increase.

Meanwhile Latvia's small ports handled 1.45 mt of cargo in January-November 2014, 15.2% more than in January-November 2013, when the ports handled 1.26 mt of cargo, according to the Transport Ministry's data.

...

Non-major ports continue to fare better due to diverse cargo streams 23 December 2014

Non-major ports, by virtue of a more diversified cargo mix and higher efficiency standards, registered higher growth in cargo volumes during the first seven months of 2014-15 (7MFY15).

According to ICRA, they thus continue to boost growth in overall all-India port volumes.

Among the non-major ports, Adani Ports & SEZ Limited, which operates ports at Mundra, Dhamra, Dahej and Hazira through SPVs, continued to register strong growth in Q2 FY15 (8 % up to 26.6 mt (mt) at Mundra; 25% up to 35.2 mt overall) in its volumes across all cargo segments. Gujarat Pipavav Port, operator of the Pipavav Port, also registered a healthy growth in its container throughput as we...

Kamarajar Port wins dual PSE Excellence awards 23 December 2014

Kamarajar Port was conferred the "PSE Excellence Award 2014 for Operational Performance" as well as the "Company of the Year" award, at the PSE Excellence Awards 2014 conducted by the Department of Public Enterprises, government of India and Indian Chamber of Commerce on December 17 in New Delhi.

The awards were accepted by M. A. Bhaskarachar, CMD of KPL, from Ram Naik, Governor of UP and G. M. Siddeshwara, Union Minister of State, Ministry of Heavy Industries and Public Enterprises, in the presence of Roopen Roy, President, Indian Chamber of Commerce.

...

Charleston port container traffic up 8% in November to 144,218 TEU 22 December 2014

South Carolina Ports Authority, which operates seaports in Charleston, Georgetown and Greer, has announced that total container volumes rose by 8% in November, compared to the same month last year, to 144,218 Twenty Foot Equivalent Unit (TEU).

Fiscal year to date container volumes are 11% ahead of plan, with 777,566 TEU handled since July, a statement from port authorities said.

With regards to non-container cargo volumes Charleston handled 61,114 pier tonnes last month and Georgetown handled 48,917 tonnes in November.

SCPA president and Chief Executive Officer (CEO) Jim Newsome said that "As measured year over year, our monthly pier container volu...

Cargo throughput at Major Ports up in first 7 months of FY15 22 December 2014

According to ICRA, during the first 7 months of FY15, cargo throughput at Major Ports registered a modest 4.6% growth over the corresponding period of the previous year.

The growth was supported by an increase in all cargoes except iron ore (-24%) across all ports. Iron ore cargo volumes continue to slide following mining restrictions in major states like Karnataka, Goa and Odisha, and other policy-related uncertainties like imposition of export duty.

In addition, POL and coal volume growth remained significantly lower than the overall growth in FY14, at 0.1% and 14%, respectively, while other cargo, containers and FRM registered growth of 5%, 8% and 17%, respecti...

Private sector to develop 2 ports in Maharashtra 22 December 2014

Chief Minister Devendra Fadnavis said, 2 ports in Maharashtra will be developed by private players and these will be operational within a year.

The Dighi and Jaigarh ports, located in coastal Konkan, will be developed by private parties, he said. Besides these, the foundation stone of Karanja port at Raigad has been laid and it is expected to be developed in 2-3 years.

He said that the Government was also working on development of ports in Navi Mumbai.

To a question if there was a proposal to introduce inland waterways in Maharashtra which has 720 kms of coastal line, Fadnavis said the issue was under consideration of the state Government.

...

Fertilizers and coal drive port traffic volume up 5% in current FY 21 December 2014

With the exception of New Mangalore Port, all the other 11 major ports of the country have shown an overall growth in traffic between April and November 2014 as compared to the same period last year.

The country’s ports have witnessed a 24% jump in the volume of raw fertilizers and a 17.5% rise in thermal coal.

Experts say increased electricity production and unavailability of domestic coal due to cancellation of 204 coal blocks by the Supreme Court have played a part in the increase of traffic volumes, particularly increased imports. However, while thermal coal has increased in volumes, coking coal has declined by 4.6% in the same period.

The dip...

VPT & VCTPL sign pact for terminal extension 19 December 2014

The Visakhapatnam Port Trust (VPT) and the Visakha Container Terminal Private Limited, a private consortium, operating the container terminal in the port signed an agreement on Wednesday evening for the extension of the terminal.

The work would be taken up in the PPP mode at a cost of INR 633.11 crores. Port chairman M.T Krishna Babu said on the occasion that after the completion of the project the VCTPL would be able to handle a million Twenty Foot Equivalent Unit (TEU). The concession period was 30 years, he said and it would be completed in two years.

He said the container terminal here would be developed on the lines of Singapore container terminal. Visakhapat...

Maersk connects Kattupalli with Far East 18 December 2014

Container ship MV Hammonia Virginia on Tuesday arrived at the L&T Kattupalli International Container Terminal (KICT) from the Chennai Port.

It also marked the commencement of the maiden fortnightly ‘Chennai Express Service’ by one of the world’s biggest shipping companies — Maersk — connecting KICT with Far Eastern countries.

After loading 1,011 twenty-foot equivalent units of containers, including 586 empty boxes, the vessel departed to Visakhapatnam Port.

“We are thrilled that Maersk has included KICT in its port of call by commencing a regular service after conducting three ad hoc calls in the last two years. I...

VPT signs concession pact with VCTPL 18 December 2014

Visakhapatnam Port Chairman M.T. Krishna Babu on Wednesday said they would develop a container hub on the model of Singapore.

He spoke briefly after signing concession agreement with Visakha Container Terminal Private Limited (VCTPL) for extension of existing container terminal at a cost of INR 633.11 crore under Public Private Partnership (PPP) mode. '

Once the construction was completed in two years, VCTPL would be able to handle one million TEUs equivalent to 12 million tonnes (mt) annually. "

The concession agreement was for a period of 30 years. Krishna Babu said the Secretary of Ministry of Shipping had evinced keen interest inn replicati...

MICT handles 1 mn TEU in 2014 18 December 2014

The Mundra International Container Terminal (MICT), handled one million TEU (Twenty foot Equivalent Units) of annual container throughput, a milestone, in the current calendar year (2014).

MICT, developed by global port operator DP World, became operational in 2003 when it handled 20,000 TEU.

Tejas Nataraj, Chief Executive Officer, said in a statement, MICT has achieved the landmark while pioneering the container revolution in the Kutch region and emerging as the gateway for the North and the North-West regions of the country.

“We service over 55 ships and more than 160 trains a month, with over 30 crane moves an hour.”

DP World h...

CIL: 1.79 lakh tonnes of imported coal landed at Mundra port 16 December 2014

Coal India Limited (CIL) on Monday said the first shipment of 1.79 lakh tonnes of imported coal has landed at Mundra port and would be supplied to the power firms.

“The first shipment of about 1,79,000 (tonnes) for requirement of Nabha TPS (Thermal Power Station) and Talwandi Sabo TPS against their third quarter requirement has already been unloaded at Mundra Port and presently under the process of delivery through rail,” CIL said in a filing to the BSE.

In terms of the Presidential Directives issued in 2012 and previous year, CIL board had earlier decided that under fuel supply pacts for new power plants commissioned after 2009, out of the minimum ass...

Jawaharlal Nehru Port Trust to build SEZ, expand capacity 15 December 2014

The Jawaharlal Nehru Port Trust (JNPT) has undertaken an SEZ project on 2,077 hectares near the port which is expected to attract INR 3,000 crore of private investment and create close to 1.5 lakh jobs in the area.

Speaking at the CII International Logistics Summit in Mumbai, NN Kumar, Chairman, JNPT, said that other initiatives included doubling of the 44 kilometer (km) road network to the port to eight lanes from four lanes, building a multimodal logistics park on 100 hectares to facilitate movement of goods to ports, and tying up with APEC to setup a training centre at the port.

JNPT is implementing the 4th terminal with Singapore Port Authority making it one o...

Port committee proposes to open up 750 acres in 3 phases 13 December 2014

The ambitious overhaul of the city’s port land and Mumbai Port Land Development Committee’s (MPLDC) blueprint have now been strengthened by a solid assurance that has been missing so far.

The Mumbai Port Trust (MbPT) has proposed a phasewise plan to open up land by taking a number of steps, including curtailing its operations.

The MbPT has submitted a detailed three-phase proposal to the MPLDC, which has included it in the report. According to this proposal, the MbPT has committed to opening up, in a timebound manner, more than 750 acres of land. It has proposed to do this by curtailing operations as well as taking back p...

JNPTís SEZ project to attract INR 3,000 cr investment 13 December 2014

The Jawaharlal Nehru Port Trust (JNPT) has undertaken an SEZ project on 2,077 hectares of land near the port which is expected to attract INR 3,000 crore of private investment and create close to 1.5 lakh jobs in the area.

Speaking at the CII International Logistics Summit in Mumbai, N N Kumar, Chairman, JNPT, said that other initiatives include doubling of the 44 km road network to the port to eight lanes from four lanes, building a multimodal logistics park on 100 hectares to facilitate movement of goods to ports, and tying up with APEC to set up a training centre at the port.

JNPT is implementing the 4th terminal with Singapore Port Authority making it one of t...

Major ports handle more cargo in Nov 12 December 2014

Backed by coal and fertilizers, 12 major ports in India handled 48.55 million tonnes (mt) of cargo during October 2014 against 43.98 mt in the corresponding period last year.

Barring Haldia Dock Complex and New Mangalore Port Trust (NMPT), all the other ports recorded a growth of 5.33% against 4.64% in October 2014.

The total cargo handled by these ports from April to November 2014 touched 384.59 mt against 365.11 mt for the year-ago period.

Though the Shipping Ministry had set a target of 604.45 mt of cargo for 2014-15 for the major ports, the current output is less than two-third of actual target. Going by the current trend, Kamarajar Port (formerly E...

Record discharge of steel coils at Dighi Port 12 December 2014

Dighi Port has created a new record by discharging 22,406 tonnes of steel coils from the vessel m.v. AP Drzic in 28 hours.

The vessel berthed on December 5, 2014 at 1030 hours and completed discharge the next day at 1430 hours.

The total discharge in 24 hours was 20,651 tonnes. The perfect coordination between the operations teams of Parekh Marine Agencies Private Limited (the agent), POSCO ISDC, the transporters, stevedores and Dighi Port made this feat possible, emphasised a release.

Capt. B. R. Pathak, President - Operations of Dighi Port Limited, congratulated the entire team of Parekh Marine and the port for this accomplishment.

...

Major ports handle more cargo in Nov 11 December 2014

Backed by coal and fertilizers, 12 major ports in India handled 48.55 million tonnes (mt) of cargo during October 2014 against 43.98 million tonnes in the corresponding period previous year.

Barring Haldia Dock Complex and New Mangalore Port Trust (NMPT), all the other ports recorded a growth of 5.33% against 4.64% in October 2014.

Though the Shipping Ministry had set a target of 604.45 mt of cargo for 2014-15 for the major ports, the current output is less than two-third of actual target. Going by the current trend, Kamarajar Port (formerly Ennore Port) and Mormugao Port might hit the target ahead of schedule.

As the port sector has been recording aver...

Coastal movement of pet coke commences at NMP 10 December 2014

Due to the various incentives extended by the Ministry of Shipping to boost coastal shipping, Mangalore Refinery & Petrochemicals Limited (MRPL) has commenced moving pet coke by the sea route.

It earlier used to be transported by road to cement factories in Tamil Nadu.
The first ship, SURYA MUKHI, loaded with 3,100 tonnes of pet coke, sailed out of New Mangalore Port on December 7 to Tuticorin.

The consignee, Ramco Cement, has mobilised around 6,200 tonnes of the commodity inside the Port for coastal movement, informed a release. The ship arrived at New Mangalore Port on December 4 with 3,000 tonnes of timber logs.

The pet coke was loaded af...

JNPT bags 1st prize of Navi Mumbai TOLIC 10 December 2014

Jawaharlal Nehru Port Trust (JNPT) was awarded the first prize for 2013-14 by the Navi Mumbai Town Official Language Implementation Committee (TOLIC) for its excellent implementation of Hindi.

The award, instituted for the first time in Navi Mumbai, consists of a trophy and a citation.

JNPT is the first recipient of the award in the category of Central government offices in Navi Mumbai and Thane.

The Chairman of JNPT, N. N. Kumar, IRS, and the Deputy Chairman, Mr Neeraj Bansal, IRS, congratulated the Rajbhasha Adhikari and Manager (Admin.), N. K. Kulkarni and Assistant Manager (OL), S. K. Pathak, who received the award on behalf of JNPT, for this achiev...

NMPT gives impetus to coastal movement of cargo 09 December 2014

Due to various incentives for coastal movement cargo extended by union ministry of shipping, petcoke from M/s Mangalore Refinery and Petrochemicals (MRPL) that was earlier being transported by road to cement factories in Tamil Nadu has taken the sea-route.

The first ship 'Surya Mukhi' loaded with 3,100 tonnes of Pet coke sailed out of New Mangalore Port Trust (NMPT) on December 7 to Tuticorin.

The consignee M/s Ramco Cement has already mobilized around 6,200 tonnes of pet coke inside the Port from MRPL for coastal movement. The ship arrived at the port on December 4 with 3,000 metric tonnes of timber logs. After discharging the same, petcoke was loaded on ...

Japan to assist Andhra Pradesh Port plan 09 December 2014

The Visakhapatnam and Krishnapatnam ports will be developed into logistic hubs with the help of Japan. 3 more container ports would also be developed.

Naidu said the Japan International Cooperati-on Agency is preparing a project report on potential investment sectors in AP.

Stating that Japanese are wary of India’s red-tapism, he said the state will soon come out with a new industrial policy in which single window clearance would be given to Japanese investors. A special desk would be set up with people who can speak Japanese.

Japan's Ministry of Economy, Trade and Industry, he said, signed a MoU with AP to promote investment by companies in A...

Emirates Shipping Line upgrades East Africa services 09 December 2014

Emirates Shipping Line announced the start of 2 new services - the Gulf Mombasa Express (GMX) and the Gulf India Africa (GIA) with partners. Emirates will be a vessel provider by deploying two ships.

The two new restructured services offer a direct fixed scheduled weekly service out of common ports through competitive transit time; ensuring port delays do not impact the quality of service on either loop.

The Gulf Mombasa Express - GMX service has a port rotation of Jebel Ali – Khor Fakkan – Mombasa – Jebel Ali. 

The Gulf India Africa (GIA) service has a port rotation of Nhava Sheva - Jebel Ali – Khor Fakkan – Dar-Es-Sa...

Minister says: Major Ports upgrading software to facilitate seamless connectivity 08 December 2014

The Minister of State for Shipping, Pon Radhakrishnan, informed the Lok Sabha last week that the government is in the process of upgrading the software of the existing port system to achieve seamless connectivity between different points.

Each port is upgrading its existing software for implementation of the Enterprise Resource Planning (ERP) system, he said.

Visakhapatnam, VOC, New Mangalore and Mormugao ports have already implemented the ERP system, while the rest are in the process of implementation.

To achieve seamless connectivity between different points, a Port Community System (PCS) is in place at the Major Ports.

...

VPT plans major cultural complex 07 December 2014

The Visakhapatnam Port Trust (VPT) is set to revive its role as a major patron of cultural activities in the city and is planning setting up of a complex comprising an auditorium and an art gallery, its Chairman said.

The art gallery would be better than the State Art Gallery at Hyderabad and would have a permanent exhibition of works of well-known artists and it would also have space for organising exhibitions and workshops.

The idea is to create a must-visit tourist destination and have activity throughout the year, Krishna Babu said speaking after inauguration of an exhibition of sculptures and paintings of CSN Patnaik here on Saturday.

He said that ...

Jawaharlal Nehru Port Trust puts INR 2,500-cr liquid cargo terminal on hold 06 December 2014

The Jawaharlal Nehru Port Trust (JNPT) has decided to put on hold the INR 2,500-crore liquid cargo terminal, barely two months after it short-listed five bidders in a global tender to award the project.

The port trust has decided to go for a review of the project following concerns that demand for liquid cargo handling capacity will be much lower than the projected traffic volume, said JNPT Chairman NN Kumar. Kumar said that the project was designed to have a capacity to handle 15 million tonnes (mt) a year.

“We may scale down the capacity to 7.5 mt and instead of four berths, we may go for two.”

In September, the port had short listed six p...

ChPT aims higher cargo movement to Maldives 05 December 2014

The Cochin Port Trust (ChPT) is exploring ways to encourage cargo movement to Maldives Port through a regular shipping service.

Senior port officials said that a lot of Indian origin produce are now routed to Maldives through Colombo, Dubai and Singapore and there is a scope to operate a weekly service of a 600 Twenty Foot Equivalent Unit (TEU) ships from Kochi to Male.

Maldives imports about USD 1.5 billion worth of goods annually and the Male Port handles about 70,000 TEU annually. Kochi is the nearest port, with only 30 hours sailing. A regular shipping service would mean just-in-time inventory for Maldives and reduce cost of imports as sometimes they are force...

Nitin Gadkari says: Govt. to facilitate investment in Inland waterways sector 05 December 2014

With an eye on attracting investments in the Inland Waterways sector, government is looking at facilitating more funding in that space to make it economically viable for business.

Minister for Road Transport, Highways and Shipping Nitin Gadkari said that "We have to build terminals, waterports and seaports. We are ready to give you all facilities, concessions to make this sector economically viable for investors.”

Gadhkari said that the sector has not been given due importance in the country vis-a-vis China, where waterways contribute 20% of the total traffic.

"We should have given more importance to the waterways sector. China's wat...

Maersk Line to make regular calls at KICT 05 December 2014

Maersk Line has decided to visit L&T Kattupalli International Container Terminal (KICT) near Chennai on a regular basis from December 16 onwards.

It is a fortnightly Port-of-Rotation call titled ‘Chennai Express Service’ (CHX).

The new service will cater to auto and electronics companies located in and around Chennai.

As per the itinerary, CHX will visit the following ports Qingdao, Xingang, Busan, Shanghai, Nansha, Tanjung Pelepas, Chennai, Krishnapatnam, Kattupalli, Visakhapatnam and Tanjung Pelepas.

For the last 5 months, Maersk has been calling at Krishnapatnam port on a bi-weekly basis. Now, it plans to call on Kattupalli...

VPT all set to expand container terminal 04 December 2014

The Visakhapatnam Port Trust (VPT) is all set to sign concession agreement on extension of container terminal with the Visakha Container Terminal Private Limited (VCTPL) in third week of December under the Public Private Partnership (PPP) mode.

The prestigious project mooted three years ago with an investment of INR 633 crore to make Visakhapatnam a gateway on the East Coast for container traffic will finally take off with the VCTPL giving a letter of consent for signing the concession agreement on December 17.

A senior official of VPT confirmed the receipt of a letter from VCTPL said that a decision on date would be finalised in a few days. The letter of intent w...

Fadnavis lays foundation stone for Karanja port 03 December 2014

Devendra Fadnavis, Chief Minister, laid the foundation stone of Karanja port here on Monday. It is a private facility owned by Nikhil Gandhi of SKIL Port and Logistics Limited.

To be developed by Karanja Terminal and Logistics Private Limited at Karanja creek in Raigad district near Mumbai, the terminal is proposed to come up on a 200-acre inter-tidal zone, and would be used for defence logistics, oil and gas logistics support, and general cargo handling, sources said.

The Chief Minister said that the INR 1,000-crore Karanja port terminal project was expected to be built in two years.

...

Petronet Dahej terminal gets largest ever cargo vessels 03 December 2014

Petronet LNG’s Dahej LNG Terminal took its 1st ever delivery of shipment from a Q-Max LNG ship with a capacity of 261,000 cubic meters at its Dahej LNG Terminal.

The shipment came from Ras-Laffan in Qatar supplied by RasGas. The Dahej terminal has been set up to include a 2nd LNG jetty and accommodate Q-Max size ships only recently.

A K Balyan, Managing Director & Chief Executive Officer, Petronet LNG Limited said, “We are glad to receive first Q-Max LNG vessel one of the biggest size LNG ships available today, at Dahej Terminal and expect to receive more such cargoes in the future.”

Khalid Sultan R. Al Kuwari RasGas’ Chief M...

JSW Jaigad port ties up with Konkan Railway 02 December 2014

The JSW Jaigad port located about 110 nautical miles south of Mumbai will soon get a 34 kilometer (km) rail connectivity with Konkan Railway, which will help enhance its cargo handling capacity from 10 million tonnes (mt) to 50 mt.

On Monday, a memorandum of understanding (MoU) for building up the railway line was signed between JSW Jaigad Port Limited, Maharashtra Maritime Board and Konkan Railway Corporation. The project cost for building the line would be INR 775 crore, in which the equity participation would be INR 194 crore.

Chairman and Managing Director of JSW Group, Sajjan Jindal told media persons on the sidelines of the MoU signing ceremony that the port...

Indian Navy keen on developing Tuticorin port 02 December 2014

A senior naval official said that Indian Navy is planning to further develop the port capabilities of Tuticorin in Tamil Nadu to be able to make it as one of its forward operating base.

Commodore Amar K Mahadevan, Naval Officer In-charge (Tamil Nadu and Puducherry) said that "There is a proposal with the Navy to develop Tuticorin (port) further to augment its capability in terms of capacity.The Navy is looking to expand its use for naval operations.”

The proposal to develop Tuticorin was part of the 12th five-year plan under the Ministry of Defence, he said, adding, developing the port would have berths for naval ships and the Indian Navy can have a bet...

Hitachi has shown interest in developing ports in AP 02 December 2014

Japanese multinational conglomerate Hitachi has shown interest in developing ports in Andhra Pradesh.

Xompany officials told Chief Minister N. Chandrababu Naidu during a meeting in Tokyo that they want good connectivity and incentives.

Land acquisition and taxation are the two challenges faced by Japanese firms in India, said Hitachi Vice President Akira Shimizu. Naidu said Prime Minister Narendra Modi is working on taxation issues.

He said that "We want you to come to Andhra Pradesh with an open mind. I request you to put all your apprehensions about India to rest. We are different now.”

The State Government signed a Memorandum of...

China port throughput growth slows 30 November 2014

Throughput at China's ports remained at a low level from January to October, data released by the Ministry of Transport (MOT) showed.

Freight handled at the country's major ports grew 4.6% year on year in the first ten months to nearly 9.3 billion tonnes, compared with a 9.9% increase in the same period last year.

Port throughput is an important indicator of a country's foreign trade. China's foreign trade volume slowed to a 2.5% growth from January to October from a 7.6% rise in the same period in 2013.

Official data indicated that the country's foreign trade is recovering following a hard time in the beginning of 2014.

M...

CSL delivers patrol vessel to Coast Guard 29 November 2014

Cochin Shipyard Limited (CSL) has launched the twelfth of the 20 Fast Patrol Vessels (FPV) being built for Indian Coast Guard.

The vessel was named ICGS Ankit. The shipyard has so far delivered 9 vessels in the 20 vessel series and the tenth vessel is getting ready for sea trials. The ninth vessel ICGS Ameya was handed over to the Coast Guard on November 20.

The Buoy Tender Vessel that CSL is building for the Directorate General of Lighthouses and Lightships was also launched on the 15{+t}{+h} of this month. The construction of Indigenous Aircraft Carrier for the Indian navy has entered the second phase, a press release said.

...

Call to hand over container terminal project to Centre 26 November 2014

The Capital District Development Forum has urged the State government to hand over the Vizhinjam international seaport and container transshipment terminal project to the Union government.

Addressing a press conference here on Monday, former Speaker and chairman of the forum M. Vijayakumar said since the Union government had shown interest in the project, it should be handed over to the Centre.

Otherwise, the State government should shun the public-private partnership model and take up the project on its own under the landlord model, as planned earlier.

Vijayakumar charged the State government with deliberately trying to delay the project with the inten...

Dhamra Port to spend INR 7,000 cr for expansion 26 November 2014

An official of the company said that Dhamra Port Company Limited (DCPL) would invest around INR 7,000 crore for expansion of cargo handling facility.

Santosh Mahapatra, director of DCPL said that “We are embarking on the second phase of expansion of Dhamra Port.

The company will invest INR 7,000 crore for increasing the number of berths from two to 13.”

He said the company was earlier awaiting clearances from the concerned authorities for commencing the expansion work.

Gujarat-based Adani group bought out L&T and Tata Steel’s shares in the company in March 2014 at an enterprise value of INR 5,500 crore.

Follow...

Mumbai Port Trust to set up INR 4K-cr LNG terminal 24 November 2014

Mumbai Port Trust (MbPT) will float a request for qualification (RFQ) to invite energy firms to build the terminal, valued at INR 4,000 crore, at the Karanja ground near Uran, located around 50 kilometer (km) from Mumbai.

MbPT will contribute around INR 700 crore towards the project, apart from the land it provides for the LNG terminal. The remaining amount will be funded by the company the Port Trust decides to tie up with. The terminal, with a floating storage and re-gasification unit, will be able to handle 5 million tonnes per annum (mtpa). It is also likely to be connected to the national pipeline grid so that the natural gas can be transported all the way up to Panipat...

Karnataka govt. focusing on developing its non-major ports 22 November 2014

The state’s Ports Minister, Baburao Chinchanasur, said, the Karnataka government proposes to upgrade and modernize 6 of the 12 non-major ports in the state under the public-private partnership (PPP) model to attract investment.

The government has identified Belekeri, Manki, Tadadi, Honnavar, Pavinakere and Malpe in Udupi and Uttara Kannada districts, he disclosed, pointing out that private companies have already come forward to develop some of these ports.

The state government will provide land at the facilities, while the private companies will invest money.

He added that "The state government intends to offer these ports on a 30-year lease ...

CSL delivers ninth fast patrol vessel to Indian Coast Guard 21 November 2014

Cochin Shipyard Limited (CSL) today delivered the ninth of the series of 20 Fast Patrol Vessels (FPV) being built for the Indian Coast Guard.

The protocol of delivery and acceptance was signed by Capt R S Sundar, Director (Operations) on behalf of CSL and Commanding Officer (Designate) of the vessel Cmdt Anurag Chaudhari of the Indian Coast Guard.

DIG Vivek Vajpayee, Principal Director (Materials) of Indian Coast Guard, Paul Ranjan, Director (Finance)-CSL and Sunny Thomas Director (Technical)-CSL were among those present on the occasion.

The vessel, named 'ICGS AMEYA', will be operated by the Coast Guard Station at Karaikal, an official release ...

Government to allocate INR 1,500 cr fund for shipbuilding Industry 20 November 2014

A top official said that government is in “advanced stages” to have a dedicated fund for shipbuilding industry to be handled by Exim Bank which will help the ailing sector with at least INR 15,000 crore of funds.

Exim Bank chairman and managing director Yaduvendra Mathur said that “We are planning to open a dedicated shipping fund within Exim Bank. It is a proposal at an advanced stage.”

The government has decided to set aside INR 1,500 crore for the purpose, which will serve as the equity and when combined with Exim Bank’s capability to leverage ten times, can result in the availability of INR 15,000 crore in fresh liquidity to the s...

Fisherfolk protest land acquisition by VPT 20 November 2014

Nearly 500 fisherfolk staged a protest at the fishing harbour on Wednesday claiming that the Visakha Container Terminal Private Limited (VCTPL) and Visakhapatnam Port Trust (VPT) authorities were trying to earmark land at the fishing harbour.

"On Tuesday we were invited for talks by VPT authorities on the issue. They showed us some maps claiming that a portion of land now occupied by the fishing harbour had been handed over to VCTPL for expansion and told us to evacuate the harbour. We made it clear to the VPT authorities that they should draw the map on the field as anything on paper would not make sense to us,” said B Konda Babu, president of Vizag Mechanised Fi...

Kolkata Port Trust gets 10 bids for Haldia cargo handling 19 November 2014

The Kolkata Port Trust (KoPT) has received 10 final bids for its tender floated to select an onshore dry bulk cargo handling agent at Haldia Docks.

Sources said that the financial bids would be opened after the technical bids are found to qualify.

Onshore average bulk cargo handling charges at the Port currently range from INR 200 to INR 300 per tonne, Port users said, adding that it would be a boon for both trade and KoPT if the proposed attempt became a reality.

...

6 minor ports to be developed 18 November 2014

Private entrepreneurs have come forward to develop six minor ports in the State under the Karnataka State Port Development Policy (KSPD) 2014.

Minister for Ports Baburao Chinchansur said here on Monday that Honnavar, Manki, Mavinakurve, Belekeri, Tadadi and Malpe ports in Uttara Kannada and Dakshina Kannada will be developed under the public-private-partnership (PPP) model.

“The government will lease these ports for 30 years and get revenue,” he said.

The Minister said a Hyderabad-based company will develop Honnavar port at a cost of INR 600 crore.

Ashraya Private Limited, an Andhra Pradesh-based company, will develop Belekeri por...

Indian ports see shipping fuel demand jump as much as 25% 18 November 2014

Traders said, demand for shipping fuel at major Indian ports has climbed in the past week by up to 25% as the cost of refuelling at Singapore, Asia's bunkering hub, soared following the collapse of the world's leading supplier.

The announcement of OW Bunker's bankruptcy drove up shipping fuel prices in Singapore - one of the cheapest ports in Asia in which to refuel - to their highest in more than two years as oil supplies tightened due to credit worries.

Marine fuel prices in Mumbai, India's largest bunkering port, were still around USD 15 a tonne higher than in Singapore on a delivered basis, but a Singapore-based trader said shipowners could be ...

GMB directs vessels to carry Indian nautical charts 17 November 2014

The Gujarat Maritime Board (GMB) has made it mandatory for all ships calling along the Gujarat coastline to carry Indian nautical charts, published by the Dehradun-based National Hydrographical Office (NHO).

The GMB has asked its port officials to hand over a copy of a circular issued by NHO to all the captive and private jetty operators for implementation.

he circular said that the Directorate-General of Shipping (DG Shipping) had agreed that vessels should carry these charts in order to facilitate the up-to-date and accurate information required in the interest of safety of navigation at the Major and non-major ports and in coastal waters.

...

Great Eastern Shipping consolidated net up by 29% 17 November 2014

A company release said that the net profit of Great Eastern Shipping Company (GE Shipping) rose by 29% to INR 206.6 crore in the second quarter from INR 160.6 crore during the corresponding period of the previous year.

The total revenue earned by the Mumbai-based firm increased to INR 960.3 crore from INR 839.1 crore a year ago, mainly due to the strong performance of its shipping segment.

It may be recalled that the country’s biggest private shipping company had recently signed a contract with a Japanese firm to buy a medium range (MR) product tanker of about 48,700 DWT, which is expected to join its fleet in the current quarter.

GE Shipping&rsqu...

ABG Shipyard impacted by shipbuilding slowdown 17 November 2014

The company said that ABG Shipyard Limited, has reported a net loss of INR 173 crore for the quarter ended September 30 as against a net profit of INR 1 crore in the corresponding quarter of the previous fiscal due to a steep 80% slump in its total income from operations.

In a filing to the Bombay Stock Exchange (BSE), the company said, "Due to slowdown in shipping and shipbuilding in global markets, the company faced large order cancellations. This resulted in shortage of working capital, affecting company’s performance."

...

Shipping Corp. India registers profit for third consecutive quarter 17 November 2014

The Shipping Corporation of India (SCI), as per its unaudited financial results for the quarter ended September 30, 2014, has registered a profit of INR 18.59 crore.

The cumulative profit was INR 68.09 crore for the half year ended September 30, 2014 as compared to a loss of INR 222.23 crore in H1 2013-14.

This is the third quarter in a row that SCI has reported a profit, after three consecutive years of losses. It was possible due to better operational profitability and interest income, emphasised an official release.

SCI currently owns 71 ships of 5.819 million dead weight tonnes, and is present in almost all segments of shipping, including container,...

Chinese delegation visits Visakhapatnam Port 15 November 2014

A business delegation from China visited Visakhapatnam Port Trust (VPT) and discussed business opportunities.

The delegation led by vice-chairman of Guizhou International Investment Corporation and vice-chairman of Guizhou Federation of Industry and Commerce Zhang Zhao held a meeting with VPT Chairman M.T. Krishna Babu here on Friday and discussed bilateral trade and commerce issues and business opportunities in India.

The delegation comprised members from the Guizhou Federation of Industry and Commerce and some from Zhang Zhao’s company Guizhou Changtong Electric Company Limited.

They included Zhang Hui, Su Pei, Guan Xiaoqing, Hu Tongyun, Sheng X...

Supreme Court declines to stay tender by Kolkata Port to pick shore handling agents 14 November 2014

The Supreme Court (SC) on Wednesday declined to stay a tender issued by Kolkata Port Trust (KoPT) to pick dry bulk cargo-handling agents at its Haldia dock complex on a royalty format.

The apex court, however, directed a single-judge bench of the Kolkata high court to decide on a petition filed by Ripley and Co. Stevedoring Private Limited in July seeking to cancel the tendering process for engaging onshore cargo-handlers.

On 11 August, a single-judge bench of the high court had, in an interim order, stayed the tendering process on the grounds that the decision of the board of trustees of KoPT to issue the tender was not ratified by a majority of the trustees.

...

Vizhinjam all set to be a bunkering port 14 November 2014

The Department of Ports is gearing up to make Vizhinjam a bunkering port to tap the potential of the business in view of proximity to the international sea routes and the East-West Shipping Axis.

Director of Ports P.I. Sheik Pareeth said, the procedures to extend bunkering services from the existing wharf at Vizhinjam had started.

He said that the services of multiple agencies were needed and the modalities were being worked out with the stakeholders.

The department was trying to exploit the strategic and unbeatable inherent advantages of the location. The preference shown by shipping lines towards Kochi and the Government’s steps to promote it pr...

AP govt. plans to develop 14 ports 13 November 2014

The Andhra Pradesh government plans to develop 14 non-major ports along its coastline, though experts feel that in the wake of capacity augmentation work going on in the state’s existing ports and in view of the volume of traffic being handled by all the ports in the country, only 4 ports would be feasible.

Among the 14 notified ports to be developed along the 972 kilometer (km) coastline are Bhavanapadu, Meghavaram, Kalingapatnam, Bheemunipatnam, Nakkapalli, Narsapur, Machilipatnam, Nizampatnam and Vadarevu, according to state government sources.

...

V. O. Chidambaranar Port Trust observes Vigilance Awareness Week 13 November 2014

A VOC Port Trust release said that the V. O. Chidambaranar Port Trust (VOC Port Trust) recently observed the Vigilance Awareness Week-2014 with R. Ramakrishnan, IAS, Chief Vigilance Officer, welcoming the gathering and explaining the theme for the year ‘Combating corruption - Technology as an enabler’.

The chief guest, Justice K. Chandru, former Judge of the Madras High Court (HC), in his address, stressed the need of high-level technology to identify the corrupt practices prevailing in the contemporary information technology (IT)-enabled society.

The VOC Port Trust Chairman, S. Anantha Chandra Bose, in his address, stated that IT could bring out trans...

ChPT tender for windmill farm soon 12 November 2014

In a bid to reduce dependence on the supply of power from the state electricity board, the Chennai Port Trust (CPT) is now in the process of tapping wind as well as solar energy.

Almost a year after expression of interest was first sought for a windmill farm to be set up within the port, the authorities are now preparing to invite tenders for the project.

A CPT official said that “Tender documents for the windmill project of 6.5 MW capacity, are currently being processed for approval. After approval is given, we plan to invite tenders from interested parties sometime around December 15.”

In tandem with the windmill farm, a solar power plant ...

Centre looks at TN Govt. to grow Colachel port 12 November 2014

Union Minister of State for Road Transport, Highways and Shipping, Pon Radhakrishnan, said the Centre would work with the Tamil Nadu Government in the development of Colachel port, located near Kanyakumari, into a Major Port.

Radhakrishnan said the present State Government had earlier showed its intent to develop the port, and also referred to the statements of Union Minister Nitin Gadkari supporting its expansion.

“We are giving a proposal to the State Government as the Minor Ports are under the purview of the State Government and we could develop it if the State Government gives permission,” Gadkari had stated earlier.

...

MbPT plans marina at new location 12 November 2014

Mumbai Port Trust (MbPT), which had reportedly planned a marina near Ferry Wharf, has changed its location to off Prince and Victoria Docks after bidders were not impressed with the earlier location where draught is less, it is learnt.

Sources said that the new location can accommodate around 300 luxury boats, including yachts and catamarans’

It is learnt that the successful bidder would be given the area on a 30-year lease. Apart from refuelling and maintenance services, the marina operator could also commercially exploit the land, for which floor space index would be granted.

Apart from a waterfront area of 84,000 square metres (sq. m) and land ...

PPT posts impressive growth in cargo handling 11 November 2014

Chairman of Paradip Port Trust (PPT) SS Mishra said that Paradip Port has witnessed commendable growth in cargo handling during the current fiscal.

Speaking at the Port Day celebratios PPT at the Wet Basin of the port on the occasion of Kartika Purmina, he said the port has been maintaining second position in terms of traffic handled amongst all Major Ports in the country.

Stating that the PPT has floated Request for Qualification (RFQ) tender for mechanization of EQ-1 to EQ-3 berths to handle export of coal, Mishra said the completion of the project will add 22 million metric tonnes (MMT) of capacit to the port. PPT has set a target to create the necessary infras...

ABG Shipyard Limited starts recasting business under CDR plan 11 November 2014

ABG Shipyard Limited has started the long process of restructuring its business and reworking its debt obligations under the terms of its approved corporate debt restructuring (CDR) plan.

At the behest of the shipping company’s lender consortium, turnaround specialist Alvarez and Marsal (India) has been appointed to oversee the implementation of the debt restructuring package.

As part of this, a chief restructuring officer (CRO) has also been appointed.

...

Adani posts 68% up in Q2 net profit 11 November 2014

Adani Ports and Special Economic Zone Limited (APSEZ), an Adani Group company, reported 68% jump in consolidated net profit at INR 574 crore for the 2nd quarter ended September 30, 2014 against INR 342 crore in the same period last year.

Consolidated total income stood at INR 1,865 crore during the second quarter against INR 1,407 crore in the corresponding quarter previous year, the company informed in a statement issued on Monday.

For the half-year period, the company’s consolidated net profit increased 50% to INR 1,142 crore from INR 759 crore in the corresponding period previous year.

Total income for the period stood at INR 3,296 crore, up 11...

KPL pays INR 96 cr dividend to govt & ChPT 10 November 2014

Kamarajar Port Limited (KPL) at Ennore has declared a dividend of INR 96 crore (32% on paid-up equity) for the financial year ended March 31, 2014, as against INR 60 crore in 2012-13, an official communiqué informed.

Of the total amount, the government received INR 64 crore, while Chennai Port Trust (ChPT) got INR 32 crore. Kamarajar Port is the only port in the country regularly paying dividend since 2008-09, the communiqué highlighted.

This was the sixth such payment by the corporatised facility.

KPL reported a pre-tax profit of INR 400.19 crore and post-tax profit of INR 316.31 crore during the period under review, as against INR 216.74...

VPT witnesses cargo volume fall in last 3 months 10 November 2014

The Visakhapatnam Port Trust (VPT) has been witnessing a decline in cargo handling traffic during the last 3 months of the current financial.

The decline, which started in August this year, has continued till October, with VPT sources indicating that the shortage of railway rakes was the main reason for the slump.

400 indents for providing railway rakes were pending with the Indian Railways from the port as well as private terminal operators functioning from the major port. While October was an exception due to the havoc caused by cyclone Hudhud, said VPT sources.

VPT sources said that unless railways increases the number of rakes to the port, cargo tra...

Cargo volume up 4.6 % in major ports 07 November 2014

Barring New Mangalore Port Trust (NMPT) and Haldia Dock Complex, all the major seaports in the country registered a positive growth in traffic volume from April to October 2014.

The country as a whole recorded a 24% dip in iron ore volume and 2.77% in coking coal.

There was no change in petroleum, oil and lubricant traffic at 109.85 million tonnes (MT). Major gainers were raw fertilizers and other cargoes.

Compared with the previous year’s volume, 12 major ports handled 336.04 MT of cargoes against 321.13 MT in the previous year, marking an increase of 4.64%.

Mormugao Port led the pack with 20.46 per cent growth, followed by Kamarajar P...

Gangavaram Port 2nd phase approved by AP state govt. 07 November 2014

The 2nd phase planning of Gangavaram Port was approved by the Andhra Pradesh (AP) state government. As per the approval, the Gangavaram port is to invest INR1318 crore in the second phase work by constructing four more berths in the coming 5 years time.

The approval was sent to port authorities by D. SambasivaRao, Principal Secretary, Infrastructure Dept., Government of AP. Gangavaram Port has been developed as an all weather, multipurpose port with water depth upto 21 meters, making it the deepest and capable of handling fully laden Super Cape size vessels of upto 200,000 Deadweight Tonnage (DWT). Gangavaram Port provides cargo handling services for a variety of bulk and br...

Kolkata Port Trust put on alert after possible terror threat 07 November 2014

Sources said, Security at Kolkata Port Trust (KoPT) has reportedly been intensified after the Union government sounded an alert on a possible terror threat against the facility.

However, according to a Port source, the alert was of a "general kind". "The alert is of a general kind and no particular threat has been specified," the source said.

Meanwhile, a Navy spokesman said that naval warships INS Khukri and INS Sumitra that had docked in Kolkata were ordered back into sea for "operational reasons".

An official in charge of the state control room said, "The alert is for the Port area. We have taken security measures f...

EDI facility at Kollam port 06 November 2014

The Kollam cargo port is all set to start operations from an Electronic Data Interchange (EDI) environment.

The formalities have been completed and the code is expected to be allocated by this weekend. The facility will result in the Customs Department opening a full-fledged office at the port.

The EDI facility was one of the main demands of the cashew processors here for enabling direct import of raw cashew and export of kernels.

Annually, about 6 lakh tonnes of raw cashew reach Kollam and about 70,000 tonnes of kernels are exported from here. With the EDI facility, both import and export can be done without hassles from the Kollam port.

The...

AP government plan to develop 14 ports 06 November 2014

The Andhra Pradesh Government has an ambitious plan to develop 14 ports along the 972 kilometer (km) coastline, but experts say that only 4 ports will be viable, going by the volume of traffic being handled by all the ports in the country and in the wake of capacity augmentation work going on in the state.

The 14 notified non-major ports are Bhavanapadu, Meghavaram, Kalingapatnam, Bheemunipatnam, Gangavaram, Nakkapalli, Kakinada SEZ, Kakinada, S.Yanam, Narsapur, Machilipatnam, Nizampatnam, Vadarevu and Krishnapatnam.

According to the Indian Ports Association (IPA), all Indian ports handled 972.63 million tonnes (mt) of cargo in 2013-14, of which major ports handle...

India to expand Chabahar port in 18 months 06 November 2014

India plans to develop Iran’s Chabahar Port in about 18 months and use it for import commodities like urea.

Road Transport and Shipping Minister, Nitin Gadkari said, “We are setting up a port in Chabahar, Iran. We will complete the port in about one-and-a-half years.”

The port will be used to ship crude oil and urea, saving the country in transportation cost. Nitin Gadkari said that “If we produce urea there then we can get urea at 50% lesser cost and would not need to provide subsidy on it.”.

The port of Chabahar in southeast Iran is central to India’s efforts to open up a route to landlocked Afghanistan circumventin...

Vizhinjam Port project cleared VGF 06 November 2014

The Vizhinjam international seaport and container transshipment terminal project has cleared another hurdle with the Union Government recommending it for viability gap funding (VGF).

The Centre had recommended the project for a viability gap funding of INR 800 crore, 20% of the latest estimate of INR 4,000 crore for the first stage, said A.S. Suresh Babu, Managing Director and Chief Executive Officer of Vizhinjam International Seaport Limited (VISL).

Babu said the VGF clearance would boost investor confidence in the project since it signalled the involvement of the Government of India. “It has significantly enhanced the prospects of getting a good concession...

New Mangalore Port handles 1st coastal cargo to Minicoy 05 November 2014

The New Mangalore Port Trust (NMPT) handled the first coastal cargo to Minicoy island in Lakshadweep on October 30 following directions from the Ministry of Shipping to give priority to coastal shipping.

M.V. PFS Prosperity, berthed at the port since October 27, left for Lakshadweep with a load of building material, including steel, sand and crushed stones.

A release from NMPT said this was the 1st coastal movement of cargo to Minicoy from New Mangalore port.

Hitherto these cargoes were going through Old Mangalore Port (a minor port) and other neighbouring ports.

...

Centre to expand dry port in Pimpri Chinchwad 05 November 2014

Nitin Gadkari, Union minister for road transport and highways, said, the Centre will develop a dry port in Pimpri Chinchwad to enable export.

Gadkari was speaking after inaugurating the Institute of Driving Training and Research, developed by Central Institute of Road Transport (CIRT) and Tata Motors on a public-private partnership basis. 

The minister said the roads and ports in the country are congested and there was a need to develop inland transport. Gadkari said that "Inland transport forms 20% of the total traffic in China, while it is only 0.5% in India. If tourism is to be promoted, there is need to develop inland transport.”

The...

Security beefed up at KoPT following threat perception 05 November 2014

Security at the Kolkata Port Trust (KoPT) was intensified following an intelligence report over a possible “threat” to its various installations.

Patrolling along the coast is also said to have been beefed-up.

The report referred to “an uncorroborated input” that “indicates” the threat of Pakistani terrorists “carry(ing) out an attack” on the “Kolkata Port in West Bengal”.

The report further mentions that these terrorists might take the help of “some navy elements” of a neighbouring country.

Following the receipt of the report, security agencies are said to have met and c...

Gujarat Pipavav Port Q2 net more than doubles 05 November 2014

Gujarat Pipavav Port has more than doubled its net profit to INR 90 cr for the second quarter ended September 30, 2014 compared with INR 44 crore logged in the same period last year.

Total income rose 41% to INR 189 crore (INR 134 crore), the company said in a filing to the stock exchanges.

...

NMPT starts coastal cargo operations to Lakshadweep 04 November 2014

Following a directive to the major ports from the Union Ministry of Shipping to give priority for Coastal Shipping activities, New Mangalore port handled first coastal cargo to Lakshadweep Island.

In this regard, m.v. PFS Prosperity berthed at the port on October 27 to load building materials to the island. The ship left for Lakshadweep.

A press release by the New Mangalore Port Trust (NMPT) said here that this is the first coastal movement of cargo to Minicoy in Lakshadweep Island from New Mangalore port. Hitherto these cargoes were going through Old Mangalore port (a minor port in Karnataka) and other neighbouring ports.

It said that MK Shipping is th...

MbPT bags National Safety Award 04 November 2014

Mumbai Port Trust (MbPT) received the "National Safety Awards 2013 - Prashansa Patra" for its Offshore Container Terminal project on National Safety Day (October 27, 2014) from the Union Minister for Mines, Steel and Labour and Employment, Narendra Singh Tomar, and Dr Basant Kumar Rai, Vice-Chairman of National Safety Council. B. J. Patil, Chief Engineer of MbPT, received the certificate, in the "Safety in Construction Sector Category" for the project.

...

Krishnapatnam Port inaugurates Mechanised Coal Handling System 04 November 2014

Krishnapatnam Port has inaugurated ‘Mechanised Coal Handling system’ in the presence of Nitin Jairam Gadkari, Union Minister of Shipping and Transport.

The two TRF ship-unloaders, each with a capacity of 1500 tonnes capacity per hour have been added.

This mechanised system would facilitate quick unloading of coal through the ship unloaders and conveyed through a conveyor system which has a capacity of 3,000 tonnes per hour that can directly transport cargo to its destination.

According to the port, this would enhance the berth productivity to 12 million tonnes per annum, eliminating all intermediary supply chain/logistics costs ensuring qual...

MPT to expand cargo business 03 November 2014

With export of iron ore becoming uncertain, Goa based Mormugao Port Trust (MPT) is now focusing on diversification of the cargo.

MPT officials today submitted an expansion plan to Union Road Transport and Highways Minister Nitin Gadkari during his visit to the port town.

"We need to increase the capacity of the port. Almost 80% of the cargo movement from this port was dependent on iron ore export but it does not exist now," Gadkari told reporters after signing tri-party agreement over construction of a road linking the MPT to nearby Verna industrial estate.

MPT has already given the expansion plan which would be referred to international consu...

Krishnapatnam Port bags CSR award in Dubai 03 November 2014

Krishnapatnam Port Company Limited (KPCL) has won the corporate social responsibility award at the annual Seatrade Maritime Awards event hosted during Dubai Maritime Week.

During the event earlier this week, individuals, organisations and companies from across West Asia, Africa and the Indian subcontinent maritime and shipping industry were honoured. C Sasidhar, Managing Director of Krishnapatnam Port, received the award from C F George, Managing Director, Simatech Shipping LLC, and Chris Hayman, Chairman, Seatrade, according to a statement.

Krishnapatnam Port is in its seventh year of operations and has created a socio-economic atmosphere that has benefited the s...

IL&FS Engg bags INR 179.84 cr order from Dighi Port 01 November 2014

IL&FS Engineering and Construction Company has won a contract worth INR 179.84 crore for the development of a multi-purpose berth at Dighi Port, likely to be completed in 545 days from the date of Notice to Proceed.

A communiqué issued by the company said that IL&FS Engineering Services has received a Letter of Award (LoA) from IL&FS Maritime Infrastructure on behalf of Dighi Port, valued at INR 179.84 crore, for engineering, procurement and construction (EPC) of multi-purpose berth, back-up yard development and utilities of multi-purpose Terminal Berth 5 on the north side of Dighi Port.

...

NMPT starts coastal cargo operations to Lakshadweep 01 November 2014

Following a directive to the major ports from the Union Ministry of Shipping to give priority for coastal shipping activities, New Mangalore port handled 1st coastal cargo to Lakshadweep Island on Thursday.

A press release by the New Mangalore Port Trust (NMPT) said here that this is the first coastal movement of cargo to Minicoy in Lakshadweep Island from New Mangalore port.

Hitherto these cargoes were going through Old Mangalore port (a minor port in Karnataka) and other neighbouring ports.

It said that MK Shipping is the stevedores and clearing and forwarding agent for the cargo. Export Marine Services of Mangalore is the exporter of the entire consi...

Major Ports likely to install thermal scanners to check for Ebola-hit 30 October 2014

Major Ports have been asked to procure thermal scanners in order to scan passengers and crew members of vessels coming from Ebola-hit countries.

Dr Satish Pawar, Director, Directorate of Health Services, Maharashtra, said, "Starting November, we expect passenger ships to arrive in Mumbai Port carrying 1,000 to 1,500 passengers.

They will have to pass through the thermal scanners just like passengers at airports.”

Thermal scanners can detect variations in human body temperature, helping health officials identify suspected cases of the Ebola infection.

Dr Pawar made it clear that any person showing symptoms of Ebola would be sent to ...

Vizhinjam port gets VGF from Centre 30 October 2014

The proposed Vizhinjam deepwater port and international transshipment terminal near here has become the first to be granted viability gap funding by the Centre.

A decision to this effect was taken at a meeting of an empowered panel under the Union Finance Ministry on Wednesday evening. This would need to get final approval from the Union Finance Minister, an announcement to which is expected to be made soon.

VGF is a one-time grant provided to support infrastructure projects that are economically justified but fall short of financial viability.

The lack of financial viability usually arises from long gestation periods and the inability to increase user ...

Container movement back to normal 28 October 2014

Movement of both coastal and international cargo containers out of the transshipment terminal here is back to normal with various stakeholders agreeing to a proposal from the Trade Union Coordination Committee to both follow the turn system and to provide a ratio of the total work to freight forwards-cum-transporters.

The committee wanted to run the deployment of container carriers in a transparent and equitable manner so that no section of the container owners or workers was exploited, said Charles George, convenor of the coordination committee.

He said that various trade unions of workers and container owners’ organisations have been told about how the coo...

Visakhapatnam port may miss handling target 27 October 2014

Visakhapatnam port, one of the major ports in the country, is likely to miss its cargo handling target during the current financial year in view of the devastation caused by Cyclone Hudhud.

MT Krishna Babu, chairman, Visakhapatnam Port said that the port had set a target to handle 63 million tonnes (mt) of cargo this fiscal.

In the first half, it achieved a growth of 6-7% compared with the corresponding period year. However, now because of the cyclone, it looks difficult to reach 60 mt by March.

Heavy cyclone had damaged the oil berth at the outer harbour and it would take about six months to restore this thereby impacting crude oil imports, he stated. ...

Hudhud : NIO ships capsizes off Vizag 25 October 2014

The coastal research vessel (CRV) Sagar Paschmi of the National Institute of Ocean Technology (NIO) capsized off Visakhapatnam coast on the day of cyclone Hudhud, according to a press release issued by Forward Seamen's Union of India.

Abdul Sharieff, the union representative, said the ships belonging to the Shipping Corporation of India (SCI was on hire to the NIO and on the day of the cyclone it sank near the fishing harbour. All the 12 crew members escaped unhurt.

He said it was regrettable that neither the SCI nor the NIO had deemed it fit to report the capsize of the vessel with costly equipment worth crores. Nor did the authorities bother about the crew, ...

KDS creates record in monthly Container handling 24 October 2014

Kolkata Container Terminals Private Limited, a wholly-owned unit of PSA International is due to commence container handling operation at the Kolkata Dock System (KDS) of Kolkata Port Trust (KoPT) Terminal from December, 2014 and has already started mobilizing equipment. This was announced by KoPT Chairman RPS Kahlon.

Officials believe that this will boost KDS' performance which has already created a record in September.

KDS handled 50,092 Twenty Feet Equivalent Units (TEU) containers in September, creating an all time record. The previous highest was monthly handling by this port facility was in August, 2014, when it handled 44,873 TEU, according to Kahlon.

Visakhapatnam Port sees normalcy in cargo handling 21 October 2014

Vizag Port has achieved normalcy in cargo handling operations and since October 16 vessels started coming to the inner harbour.

Hudhud cyclone had badly affected port operations and a few equipment and berths were partially damaged.

The oil berth was badly damaged, but as the alternative mooring berth is intact there is immediately no problem for petroleum crude oil imports, according to port sources.

On October 17 morning, 2 ships were berthed at the inner harbour and by evening this increased by 5. However unloading and evacuation of cargo operations have been delayed due shortage of dumpers and trucks.

...

CSL pays dividend for sixth consecutive year 21 October 2014

Continuing with its trend, the Cochin Shipyard Limited (CSL) has again paid dividend to the Union government.

Its Chairman and Managing Director, Commodore K. Subramaniam, recently handed over a cheque of INR 16.99 crore to the Union Shipping Minister, Nitin Gadkari, an official statement said.

This was the 6th consecutive year that CSL gave dividend, a clear indication that the performance of the shipyard has been consistently impressive in the last several years despite a very challenging business environment in the shipbuilding/ship repair and shipping scenario, the statement highlighted.

The dividend was INR 1.5 per equity share on 11,32,80,000 full...

Kolkata Port Trust handles record TEU 21 October 2014

Kolkata Port Trust (KoPT) handled a record 500,092 Twenty Foot Equivalent Unit (TEU) in September, breaking all previous records in container handling.

KoPT Chairman, R. P. S. Kahlon, said in a statement, "Kolkata Dock System recorded a 7.93% growth year-on-year in container handling during the first six months of the current fiscal.”

Container handling at KoPT is all set to get a boost (from December) as an arm of PSA, Bharat Kolkata Container Terminals, would be commencing operations at the Port, according to Kahlon.

...

ChPT aims higher cargo movement to Maldives 20 October 2014

The Cochin Port Trust (ChPT) is exploring ways to promote cargo movement to Maldives Port through a regular shipping service.

A lot of Indian origin produce are now routed to Maldives through Colombo, Dubai and Singapore and there is a scope to operate a weekly service of a 600 Twenty Foot Equivalent Unit (TEU) vessel from Kochi to Male, senior port officials said.

Maldives imports about USD 1.5 billion worth of goods annually and the Male Port handles about 70,000 TEUs annually. Kochi is the nearest port, with only 30 hours sailing.

The officials added, a regular shipping service would mean just-in-time inventory for Maldives and reduce cost of imports...

Indian CoS to develop Iranís Chabahar Port 20 October 2014

An Indian joint venture company will develop the Chabahar Port in Iran with an investment of USD 85.21 million (around INR 520 crore) and operate the port for 10 years through a leasing agreement.

The pact can be renewed with mutual agreement at the end of the 10th year. The JV was given the go-ahead by the Union Cabinet on Saturday.

Jawaharlal Nehru Port Trust (JNPT) and the Kandla Port Trust (KPT) can have an Iranian partner and/or an Indian private sector partner to form the vehicle to execute the project.

The port would give India a sea-land access route to Afghanistan through Iran’s eastern borders. This will be the framework for inter-Govern...

Visakhapatnam port sees normalcy in cargo handling 20 October 2014

Vizag port has achieved normalcy in cargo handling operations and since October 16 ships started coming to the inner harbour.

Hudhud cyclone had badly affected port operations and a few equipment and berths were partially damaged.

According to port sources, the oil berth was badly damaged, but as the alternative mooring berth is intact there is immediately no problem for petroleum crude oil imports .

On October 17 morning, 2 ships were berthed at the inner harbour and by evening this increased by 5.

However unloading and evacuation of cargo operations have been delayed due shortage of dumpers and trucks.

...

India to develop Chahbahar Port with USD 85 m investment 19 October 2014

The Union Cabinet approved a proposal wherein an Indian joint venture company will develop Chahbahar Port in Iran with an investment of USD 85.21 million and operate the port for 10 years through a leasing agreement. The Indian JV company will comprise Jawaharlal Nehru Port Trust (JNPT) and the Kandla Port Trust (KPT).

It can have a local Iranian partner and/or an Indian private sector partner to serve as the vehicle for India’s participation in the development of the port.

The Government also gave a nod to incur annual revenue expenditure of USD 22.95 million to support operational activities of the company. India’s presence at the Chahbahar port woul...

Vizhinjam to be a bunkering port 18 October 2014

The Department of Ports is gearing up to make Vizhinjam a bunkering port to tap the potential of the business in view of proximity to the international sea routes and the East-West Shipping Axis.

Director of Ports P.I. Sheik Pareeth said that the procedures to extend bunkering services from the existing wharf at Vizhinjam had started.

He said that the services of multiple agencies were needed and the modalities were being worked out with the stakeholders. The department was trying to exploit the strategic and unbeatable inherent advantages of the location.

Sources said that the port was just 10-12 nautical miles away from the busy Persian Gulf- Malacca ...

Another ship anchors at VCTPL 18 October 2014

Another ship anchored at Visakha Container Terminal Private Limited (VCTPL) immediately after Passat Summer sailed out on Friday.

The terminal received Maersk Dubrovnik from China with 800 Twenty Foot Equivalent Unit (TEU).

Company’s COO Sushil Mulchandani said that “VCTPL managed to take both the vessels as per the scheduled window period agreed before Hudhud hit the coast.”

Dedication and professional approach earned laurels for VCTPL. Visakhapatnam Port Chairman M.T. Krishna Babu praised the excellent initiative taken by VCTPL in reviving its operations.

Maersk Dubrovnik will head for Tanjug Pelapas in Malaysia. The conta...

Container handling charges set to drop substantially at Vallarpadam Terminal 18 October 2014

Come January the container handling charges at Vallarpadam Terminal is set to reduce substantially, bringing cheer to the Exim trade.

This follows a decision taken at the coordination committee meeting convened by the Cochin Port Trust with stakeholders yesterday.

Senior port officials said that the high terminal handling charges (THC) was a matter of concern for the trade in the region and it was decided that all terminal related charges at Vallarpadam ICTT would be billed directly to the exporter/importer by the operator DP World.

Hitherto, the shipping companies are making the payment of THC to DP World and thereafter billing the importer/exporter to...

Vizhinjam all set to be a bunkering port 17 October 2014

The Department of Ports is gearing up to make Vizhinjam a bunkering port to tap the potential of the business in view of proximity to the international sea routes and the East-West Shipping Axis.

Director of Ports P.I. Sheik Pareeth said that the procedures to extend bunkering services from the existing wharf at Vizhinjam had started.

He said that the services of multiple agencies were needed and the modalities were being worked out with the stakeholders.

The department was trying to exploit the strategic and unbeatable inherent advantages of the location. The port was just 10-12 nautical miles away from the busy Persian Gulf- Malacca shipping lines whi...

VCT resumes operations after devastating cyclone 17 October 2014

The city of Visakhapatnam was devastated by the very severe cyclonic storm, Hudhud, which made its landfall on Sunday, October 12, 2014. Visakha Container Terminal (VCT) had its share of the impact too.

However, before the cyclone hit, the terminal management had taken the necessary safety precautions considering the upcoming threat.

The equipment was secured safely and the containers stacked as per the wind procedures, emphasised a release.

Despite the threat to life on the stormy day, VCT staff held on to their positions and safeguarded the interest of customers and the terminal.

Though there were quite a few challenges before and after the...

Major Ports traffic increase by 4 % 17 October 2014

Barring Kolkata Port and New Mangalore Port, all the 10 major ports posted a marginal increase in cargo traffic for the first 6 months of the current financial year.

All these ports put together handled 288.48 million tonnes (mt) of cargo against 276.86 mt for the corresponding period last year, marking an increase of 4.2%, according to a data released by the Indian Ports Association.

Mormugao led the pack by posting 22.25% growth, followed by Kamarajar Port (15.56 %) and V.O. Chidambaranar Port (11.52%).

Mumbai Port was pushed to fourth slot and Chennai Port Trust to the ninth. Tonnage-wise, Kandla occupied the first slot, followed by Paradip, JNPT, Vi...

Ports traffic increase by 4 % 14 October 2014

Barring Kolkata Port and New Mangalore Port, all the 10 major ports posted a marginal increase in cargo traffic for the first six months of the current financial year.

According to a data released by the Indian Ports Association, all these ports put together handled 288.48 million tonnes (mt) of cargo against 276.86 mt for the corresponding period last year, marking an increase of 4.2%. Mormugao led the pack by posting 22.25% growth, followed by Kamarajar Port (15.56%) and V.O. Chidambaranar Port (11.52%).

Mumbai Port was pushed to fourth slot, Jawaharlal Nehru Port to sixth and Chennai Port Trust to the ninth. Tonnage-wise, Kandla occupied the first slot, followe...

Gopalpur port to defer start of operation due to cyclone strike 14 October 2014

With a portion of the breakwater of Gopalpur port dented by high tidal waves created under the influence of cyclone Hudhud, the port authorities are likely to peg back the start of port operation scheduled for the end of this year. One of the directors of Gopalpur Port Limited (GPL), Manmohan Moharana said that

“As per eye estimation, around 70-meter of the under construction backwater has been damaged due to the cyclonic storm. Around 950 meters of the 1730 meters long backwater was damaged in last year’s Phailin cyclone.”

Appointment of surveyors, government approval of surveyor’s report on damages and repair works will delay the process ...

CSL pays INR 17-cr dividend to Centre 13 October 2014

The public sector Cochin Shipyard Limited (CSL) has paid a dividend of INR 16.99 crore to the Centre.

The dividend cheque was handed over to Union Shipping Minister Nitin Gadkari by Chairman and Managing Director of CSL K Subramaniam. The dividend is of Inr 1.5 per equity share on the 11,32,80,000 fully paid equity shares of INR 10 each. It is for the sixth consecutive year the PSU is paying dividend.

In addition, the yard has also contributed INR 162.10 crore to the exchequer by way of VAT and other taxes. The company’s turnover has increased five-fold from INR 73 crore in 2005-06 to INR 1,637 crore in 2013-14.

The net profits have more than doub...

Gangavaram port suspends operations 13 October 2014

The Gangavaram Port has on Sunday said a disaster management plan is in place for dealing with any such contingency in view of the Hudhud cyclone.

In a statement issued here, it said: "All precautionary and safety measures have been initiated to minimise any damage or loss. The port operations have been suspended on temporary basis and all the working vessels within the harbour have been shifted to the anchorage.''

It added that the port was closely coordinating with the authorities and is watchful of the developments.

...

Merchant ships evacuated, cargo operations suspended 13 October 2014

With the cyclonic storm Hudhud is fast approaching, the Visakhapatnam port has evacuated a dozen of merchant vessels from the outer harbour to the deep sea and the Gangavaram port has suspended the cargo operations.

“As positioning the ships at the anchorage was not safe, they were sent to the deep sea. Other vessels which are berthed in the inner harbour are safe as we have natural protection due to the Dolphin’s Nose hill,” Visakhapatnam Port Chairman M.T. Krishna Babu said on Saturday.

Referring to the cargo operations, he said they had normal activity on Saturday.

Meanwhile, Gangavaram Port has suspended its cargo operations and sh...

Seaplane services set to begin 12 October 2014

Seaplane operations in the State are likely to start later this month or early November.

The Kerala Tourism Infrastructure Limited (KTIL), the government-backed facilitator, had made early bird offers to prospective operators.

The planes would take off from airports and land at water bodies. Places where local communities had staged protests would be skipped. Some operators had made preliminary arrangements to fly the small amphibian aircraft to tourist spots within and outside the State, sources said. Operators would get the KTIL offers only if they commenced operations by the month-end.

The government had constituted an expert panel to study the issue...

India first indigenous aircraft carrier taking shape at CSL 11 October 2014

A senior official said, India's first indigenous aircraft carrier was taking shape in the Cochin Shipyard Limited at Kochi, one of the nine Defence PSUs in the country, where 85% of the work relating to its hull are complete.

"Around 85% of the hull is complete and 90% of the fabrication is over. 85% of the erection has been over," Commodore K Subramaniam (Retd), CSL Chairman and Managing Director told reporters on the sidelines of a function organised by the CII.

Interacting with journalists in the sidelines of a CII- organised conference on 'Approach to Integrated Maritime Systems' here, he said many elements of innovations were being incor...

KPL to develop SEZ of FTZ on a 650-acre land 10 October 2014

Kamaraj Port Limited (KPL) is planning to build a Special Economic Zone (SEZ) or Free Trade Zone (FTZ) on a 650-acre land.

The Port has also signed an MoU with Puducherry government to set up a port in the Union territory.

Speaking at the sidelines of a CII (Confederation of Indian Industry) conference on Approach to Integrated Maritime Systems at Chennai today, M A Bhaskarachar, chairman and managing director, Kamarajar Port Limited said that the Port has acquired around 650 acres of land from the salt department, close the Port to develop an SEZ or FTZ.

"Soon we will appoint a consultant to conduct the feasibility report. The Port is planning to ...

MoU signed to expand Puducherry port 10 October 2014

The Puducherry government and Kamarajar Port Limited (KPL), Chennai, have entered into a memorandum of understanding (MoU) for developing the Puducherry Port.

The Department of Port Director, S. Manoharan, and KPL Chairman-cum-Managing Director (CMD), M.A. Bhaskarachar, inked the MoU in Chennai on Wednesday.

As per the MoU, the KPL will carry out a detailed project report for development of the Puducherry Port. KPL will prepare a detailed techno-economic (DTE) report that would look into aspects such as development of the port to handle various types of clean cargos including container cargoes, integration of tourism with maritime activities and the infrastructure...

Kerala HC orders arrest of vessel 10 October 2014

The Kerala High Court (HC) on Thursday ordered the arrest of a Panama flag flying ship which is anchored in the waters under the jurisdiction of the Kandla Port in Gujarat in connection with an admiralty suit seeking compensation by a boat-owner based in Kanyakumari for damaging his boat.

Justice K. Abraham Mathew issued the directive on the suit filed by Thadhaeus, owner of the fishing boat.

According to him, m.t. Sea Ruby flying the flag of Panama rammed the petitioner’s boat, St. Nicholas, on April 23, 2014 off Neendakara coast in Kollam. There were four fishermen on board.

The ship had immediately sailed out of the Indian waters because of the...

Evergreen to start service linking Singapore to Vietnam 09 October 2014

Evergreen is to take slots from China United Lines (CUL) to add a direct link between Singapore, Haiphong and Ho Chi Minh City.

China United Lines itself takes slots on the Singapore-Vietnam string of the Straits-Vietnam-Malaysia (SE2/SVS) weekly service of Yang Ming and OEL.

This operation calls at Singapore, Port Kelang, Singapore, Haiphong, Ho Chi Minh City, Singapore, but CUL and Evergreen are not involved on the Port Kelang segment.

The service uses two ships, the 1,803 Twenty Foot Equivalent Unit (TEU) YM Inventive and the 1,500-TEU YM Heights, both of which are operated by Yang Ming. The loop turns in two weeks.

Evergreen will brand th...

India to develop Bangladesh Port 09 October 2014

India would develop a river port in Bangladesh to ferry essentials, foodgrain and heavy machinery to northeast region from different parts of the country and abroad, the sources said.

India's Deputy High Commissioner in Dhaka Sandeep Chakravorty said, "To develop the Ashuganj Port over river Meghna, India would provide necessary funds. Both northeastern states of India and Bangladesh would be benefited if the river port's necessary infrastructures were developed.”

He said: "The WAPCOS is preparing a DPR (Detailed Project Report) to develop the port."

Ashuganj Port over river Meghna in eastern Bangladesh is around 40 kilomete...

GSL supplies naval equipment to Myanmar, Mauritius 08 October 2014

Goa Shipyard Limited (GSL) today said it has supplied naval equipment to countries such as Myanmar and Mauritius and is pursuing orders from other friendly foreign nations.

A GSL release said that "Contracts for two Fast Patrol Vessels for Mauritius Coast Guard have been signed along with a contract with its Government for supply of 11 Fast Interceptor Boats for their Coast Guard. Further, contract for construction of Damage Control Simulator for Myanmar Navy has become effective from April 10, 2014.”

GSL Chairman Rear Admiral Shekhar Mital said, "All the projects have been regularly reviewed by the customers and have got excellent reviews. The Com...

SCI to tap South-East Asia to boost liner trade 08 October 2014

The Shipping Corporation of India (SCI) is seeking to expand coastal shipping and trans-shipment of goods and strengthening the opportunities for trade in the South-East Asian countries as a part of the country’s Look East Policy.

Sarveen Narula, Director of Liner & Passenger Services Division of The Shipping Corporation of India, said, the Look East Policy hopes to boost trade in the region and also offers immense opportunity for ports located in the eastern part of the country such as the Krishnapatnam, which has developed high-quality infrastructure.

Speaking at the launch of the Krishnapatnam port to Yangon service operated by SCI last week, Narula s...

Cautionary signal one hoisted at V.O. Chidambaranar Port 08 October 2014

Distant cautionary signal one has been hoisted at V.O. Chidambaranar Port (VOC), as per the advice of Indian Meteorological Department, reliable sources said here on Tuesday.

A deep depression has formed at Andaman and is likely to intensify into a cyclonic storm. Rainfall is predicted for the next 48 hours in coastal districts of Tamil Nadu and Puducherry. Hence, the precautionary measure was taken. However, normal activities at the port continued as usual, sources added.

...

MPT records 22% growth in first-half 07 October 2014

Shedding its image from a mono to a multi-commodity port has helped Mormugao Port Trust (MPT) register a 22.29% growth in the first-half of the current fiscal.

Cyril C. George, Chairman-in charge of Mormugao Port Trust, said, this is the highest growth rate achieved by any major port in the country in the first-half, with growth recorded by Port Kamarajar (Ennore Port) at 16% and V. O. Chidambarnar Port at 10% during the period.

General cargo traffic, except liquid cargo, has increased by 15%, he said, and attributed this mainly to the robust growth of commodities.

This has been made possible through the marketing initiatives and trade meets held in the...

SCI to launch fortnightly service to Myanmar 07 October 2014

Shipping Corporation of India (SCI) today said it has started a fortnightly service to Myanmar.

Shipping Secretary Vishwapati Trivedi said, the service will cater to Mizoram and other North-eastern states using the Sittwe port in Myanmar located on the mouth of the Kaladan river.

Seeking to allay concerns over financial implications of the move, he said, “SCI has the wherewithal to sustain the service in the long run. We cannot expect to make profits from day one.

However, in a year’s time, we hope the service, part of ‘Look East Policy’, will be well received by traders.”

Cargo ship ‘MV Kamal’ made i...

Major ports record 12% jump in imported coal cargo at 9.41 mt 06 October 2014

Rising coal demand from fuel- starved power plants led to the country's major ports logging 12% jump in handling imported dry-fuel in August to 9.41 million tonnes (mt).

An Indian Ports Association (IPA) official said that "Increased demand for imported dry-fuel has led to top 12 major ports handling 9.41 MT of imported coal during August as compared to 8.41 MT in a year-ago period.”

The official said imported thermal coal handling at these state-owned ports increased by 14% to 6.81 mt in August as compared to the same month in 2013.

Likewise, coking coal imports through these ports rose 7.43% to 2.65 mt during the month, he said. Amid wi...

KPCL expects 50% growth this year 06 October 2014

Krishnapatnam Port Company Limited (KPCL) expects revenue to grow at least 50% this fiscal, mainly driven by the zooming container business.

The company, which runs Krishnapatnam deepwater port in the Nellore district of Andhra Pradesh, had reported revenue of INR 1,200 crore in 2013-14, up from INR 650 crore in the previous year.

KPCL’s container business, which completed one year of operation, is expected to nearly double this year, while the cargo business is also set to see new heights with more items being added to the port list.

The trip coincided with the flagging off of a direct container ship, INS Kamal of Shipping Corporation of India, f...

Govt. not to give away SCI to private player 06 October 2014

Shipping Secretary Vishwapati Trivedi said, Shipping Corporation of India (SCI) continues to do well, and there’s no plan to give it away to private parties.

“It’s doing well. Why should we give it away? It will continue to be a Government-run organisation,” he said after launching a direct container service between India and Myanmar at the Chennai port.

The Shipping Ministry took note of Prime Minister Narendra Modi’s suggestion on examination of relevance of SCI in today’s scenario. This was mentioned in the comprehensive plan for the shipping sector posted on the ministry’s website.

Trivedi said that the rele...

3 yards identified to build LNG vessels 05 October 2014

The Shipping Ministry has identified shipyards of Cochin, Kattupalli and Pipavav to build liquefied natural gas (LNG) vessels.

These tankers would be used by GAIL (India) to transport gas from the U.S. The services are likely to begin by end of 2017. “We are looking at building the LNG ships in the next six years. Each ship would entail investments of around INR 1,500 crore,”

Shipping Secretary Vishwapati Trivedi said after flagging off SCI Kamal, a direct container service from Chennai to Yangon in Myanmar, at the Chennai Port. A policy to encourage ship building industry was in pipeline.

Currently, China, South Korea and Japan were having ...

Chennai-Yangon cargo ferry launched 05 October 2014

The state-run Shipping Corporation of India (SCI) on Friday launched a cargo ferry service, connecting Chennai port with Yangon in Myanmar, formerly Burma.

Flagged off by Union shipping secretary Vishwapati Trivedi, SCI Kamal has a capacity of 1,200 TEU (twenty feet equivalent unit). The service, plying on the Colombo-Chennai-Krishnapatnam-Yangon route, will call on Chennai port every fortnight.

“This is the first venture of SCI’s to Myanmar. This standalone ship service was launched as part of the Union government’s ‘Look East’ policy and to re-ignite our historical trade ties with Myanmar,” said an SCI official.

He ...

Krishnapatnam Port pins hopes on coal imports for growth 05 October 2014

Krishnapatnam Port expects nearly 50% growth in its revenues this fiscal thanks to spurt in import of coal for thermal power units as Supreme Court recently cancelled over 200 captive coal blocks.

The port near Nellore in Andhra Pradesh, owned by the CVR group, hopes to see coal imports crossing 30 million tonnes (mt) from 20 mt last year, taking the overall cargo handling to 35 mt from 24 mt.

"The spurt in coal imports should help us post at least 50% increase in sales at around INR 1,800 crore this fiscal from INR 1,200 crore in year to March 2014," said C. Sasidhar, managing director of Krishnapatnam Port Company Limited (KPCL).

Dozens of p...

Indian shipbuilders may make LNG tankers for GAIL 04 October 2014

As part of the ‘Make in India’ programme announced by Prime Minister Narendra Modi recently, the Shipping Ministry has identified the State-run Cochin Shipyard in Kerala, and private yards at Katupalli (Tamil Nadu) and Pipavav (Gujarat) to build liquefied natural gas (LNG) vessels.

Indian shipbuilders are likely to construct three LNG tankers needed by GAIL (India) Ltd to transport gas from the US. This is likely to commence in the end of 2017.

Shipbuilding is an industry dominated by South Korea, Japan and China.

“We will bring in a very attractive promotion policy to encourage ship building industry in India,” Shipping Secretar...

India-Myanmar container shipping service launched 04 October 2014

The Look East Policy of the Central Government got a boost with the launch of India-Myanmar container shipping service at Chennai port.

The service, run by the State-owned Shipping Corporation of India (SCI), was launched by Shipping Secretary Vishwapati Trivedi.

This was a joint effort of three Ministries Shipping, External Affairs and Commerce. While the feasibility report said that the service was not commercially viable, the service was launched looking at the strategic partnership between the two countries that has a bilateral trade of nearly INR 1,000 crore.

“SCI has the wherewithal to sustain the service in the long run. We cannot expect to...

Apollo LogiSolutions forms JV with India Glycols for ICD 02 October 2014

Apollo LogiSolutions today said it has entered the Inland Container Depot segment by entering into a joint venture with India Glycols Limited.

"ALS will hold 51% in the JV," named Kashipur Infrastructure Freight Terminal Private Limited, the logistics solutions provider said in a statement. ALS is a logistics arm of Apollo International Limited.

"The JV will develop, manage and operate freight terminal at Kashipur, Uttarakhand at an estimated project cost of INR 90 crore. The JV will be funded through combination of debt and equity. The facility is expected to be operational by April 2015," ALS said in a statement.

"Our entry in...

MPT records 22% growth in first-half 02 October 2014

Shedding its image from a mono- to a multi-commodity port has helped Mormugao Port Trust (MPT) register a 22.29% growth in the first-half of the current fiscal.

This is the highest growth rate achieved by any major port in the country in the first-half, with growth recorded by Port Kamarajar (Ennore Port) at 16% and V.O. Chidambarnar Port at 10% during the period, Cyril C. George, Chairman-in charge of Mormugao Port Trust, said.

General cargo traffic, except liquid cargo, has increased by 15%, he said, and attributed this mainly to the robust growth of commodities such as wood chips, granite, steel, nickel, alumina, bauxite, and pharmaceutical products.

...

Cochin Shipyard announces dividend of INR 16.99 cr 01 October 2014

Bettering its performance for the sixth year in a row, the public sector Cochin Shipyard has declared a dividend of INR 16.99 crore, at the rate of INR 1.5 per equity shares of INR 10 each.

Chairman and Managing Director of the yard, Commodore (retd) K. Subramaniam will hand over the dividend to Union Shipping Minister Nitin Gadkari next week.

Battling slowdown, the yard registered a turnover of INR 1,637 crore for the year 2013-14. Its turnover in the previous fiscal was INR 1,554 crore.

A CSL release said that the net profit during 2013-14 was INR 194 crore as against INR 185 crore it reaped in the previous year. The yard also contributed INR 162.10 c...

Govt. asks Major Ports to deepen draught to 18 m 29 September 2014

In order to allow bigger ships to dock, the Union government has asked the Major Ports to deepen their draughts to 18 metres.

"We have asked the ports to carry out techno-economic feasibility studies for deepening the channel to 18 metres.”

Jawaharlal Nehru Port Trust (JNPT) too proposes to deepen its draught in the second phase of dredging from the existing 14 meters, for which it decided to appoint a consultant to prepare a detailed project report (DPR).

It may be noted that most Major Ports have draught of less than 10 metres, which is inadequate to handle higher capacity ships such as Capesize and containerships having capacity of 8,000 T...

Visakhapatnam Port handles all-time high 22,053 t of manganese ore in a day 29 September 2014

Official sources said that the Visakhapatnam Port Trust (VPT) handled an all-time record manganese ore in bulk in a single day when it unloaded 22,053 tonnes with a gang hook output of 1,838 tonnes for Saradha Energy & Minerals Limited, surpassing its previous best discharge of 19,425 tonnes on March 14, 2010.

The ore was discharged from the vessel m. v. ILIA on September 14 at East Quay-5 berth, for which K R & Sons Private Limited was the stevedore and Admiral Shipping Limited the steamer agent.

...

South Korea seaport cargo inches up in August on trade cargo 29 September 2014

The volume of cargo processed at South Korea's seaports grew slightly from a year earlier last month on an increase in import-export cargo, the government said Monday.

According to the Ministry of Oceans and Fisheries, In August, the country's seaports handled 112.15 million tonnes (mt) of cargo, up 0.7% from the same month last year.

The ministry said in a press release,"Seaport cargo rose slightly from a year earlier on a rise in import-export and transshipment cargo.”

Import-export cargo gained 3.3% on-year to 94.42 mt in August. The month's figure, however, marked a slight decline from 96.7 mt in the previous month.

...

Govt. says: blanket green approval for port projects likely 26 September 2014

The Environment Ministry is considering a blanket approval to the master plan of Major Ports instead of issuing individual project clearances in a bid to avoid delays that often hamper expansion works in the sector.

The proposal was made at a recent meeting held by the Prime Minister’s Office to review status of infrastructure targets in sectors such as shipping, roads and highways.

Further, this is a one-time clearance and thus would be very stringent and may take longer to clear. "However, once a port gets it, implementing projects would gain speed," a senior government official said.

In order for this to happen, the 12 Major Ports wou...

JNPT bags first prize under Indira Gandhi Rajbhasha Puraskar 25 September 2014

Jawaharlal Nehru Port Trust (JNPT) was recently awarded the ‘Indira Gandhi Rajbhasha Puraskar’ (1st Prize) for 2012-13, for the excellent work done in promoting Hindi in the category of Boards/Autonomous Bodies in region ‘B’.

The award was received by N. N. Kumar, IRS, Chairman of JNPT, from Pranab Mukherjee, President of India, in the presence of Rajnath Singh, Union Minister of Home Affairs, and Ms Neeta Chaudhary, Secretary (O.L.), government of India.

...

Visakhaptnam Port sets record in manganese ore unloading 25 September 2014

The Visakhaptnam Port Trust (VPT) has established an all-time record in unloading of manganese ore in bulk in a single day.

The Port handled a quantity of 22,053 tonnes with a gang hook output of 1838 tonnes of Manganese ore in bulk for Saradha Energy & Minerals limited.

The ore was discharged from the vessel m v ILIA on September 14 at East Quay-5 berth. It surpassed the previous best discharge of 19,425 tonnes from the vess m v FREE GODDESS on March 14, 2010.

According to a release from the Port, K R & Sons Private Limited were the Stevedores and Admiral Shipping Limited the steamer agents for the above ship.

...

Rush for coal import leads to congestion at Paradip port 24 September 2014

The country's power and steel companies are importing shiploads of coal due to a severe shortage at home, leading to heavy congestion in one of the busiest ports that now has twice the number of ships waiting than its available berths.

The over-crowding at Paradip port in eastern Odisha could derail India's efforts to prevent a shutdown of more than half of its power plants which are running on stocks of less than a week in the worst deficit since a massive blackout in 2012.

While Power and Coal Minister Piyush Goyal has urged power firms to bring more coal into India - already the world's No. 3 importer of the fuel the country's ports are finding ...

KPT again adjudged Major Port of the Year at MALA 2014 23 September 2014

Kandla Port Trust (KPT) was a prominent winner at the prestigious Maritime and Logistics Awards (MALA) 2014, organised by Exim India in Mumbai on September 12.

It was acknowledged as the Major Port of the Year for the fifth consecutive year, chosen from among nominees that included Jawaharlal Nehru Port Trust (JNPT), Mumbai Port Trust, Paradip Port Trust (PPT) and Visakhapatnam Port Trust (VPT).

At a gala function that had almost the entire maritime, cargo and logistics trade in attendance, the award trophy and certificate was received by  Sanjay Bhaty, Officer-in-Charge, BDC, Kandla Port Trust, from S. S. Hussain, former Chairman of JNPT, and  Adarsh He...

OSL acheives record loading of alumina in Visakhapatnam Port 23 September 2014

Orissa Stevedores Limited, one of major stevedores of east coast of India has achieved a record out-put of loading Alumina cargo at Visakhapatnam Port on 10th September 2014.

The Port of Visakhapatnam in a separate release acknowledged that this was an all time record in loading of Alumina in bulk a day.

According to a press release from Visakhapatnam Port, a quantity of 6,057 tonnes with a gang hook output of 505 tonnes of Alumina on account of Utkal Alumina International Limited was loaded from the vessel m.v.Seacliff at East Quay-5 berth surpassing the previous best loading of 2,065 tonnes into the vessel m.v.Honest Rays.

J.K. Nayak, General Manager ...

Malabar Cement plans automated handling unit at Kochi port 23 September 2014

Kochi port is fast emerging as a major cement import hub with the State-owned Malabar Cements approaching to set up an automated cement handling and bagging unit as well as raw materials import facility in the port.

A senior port official said that Malabar Cements has projected a minimum throughput of three lakh tonnes per annum which can be extendable up to 6 lakhs apart from intermediate products and raw materials such as clinker, limestone and coal.

The port identified 7 acres near the Ernakulam Wharf and plans to allot the Q-7 berth in the wharf to accommodate ships of 35,000 tonnes of parcel size.

The availability of 10.5 metre depth in the berth w...

New Mangalore Port targets 100 mt cargo handling capacity by 2020 22 September 2014

According to P C Parida, Chairman of NMPT, New Mangalore Port Trust (NMPT) is in the process of increasing its capacity to 100 million tonnes by 2020.

He said that the port has already developed its infrastructure to handle 77 million tonnes (mt) of cargoes a year. It is in the process of increasing this capacity to 100 mt by 2020.

On some of the development works taken up at the port, Parida said a yard for containers and warehouse for general cargo are being developed. This initiative will help handle more general cargoes at the port.

Work on deepening the harbour to 18 metres is also on the cards. This will help accommodate large vessels inside the p...

KoPT wants Expression of Interest for floating LNG terminal 22 September 2014

The Kolkata Port Trust (KoPT) has invited Expression of Interest for setting up of non-jetty based Floating Storage and Regasification Unit (FSRU) or terminal for Liquefied Natural Gas (LNG), after it was alleged that the port was offering the right on nomination basis to a private entity.

KoPT officials said that the KoPT on September 18 had sought EoI till October 24 for the LNG facility from interested parties meant for common use and a pre-proposal meeting had also been firmed up on October 13.

Haldia Docks Officers' Forum general secretary Ramakant Burman has claimed that it was an attempt by KoPT to allow H-Energy of Hiranandani Group to setup the facili...

Mobile container scanner at Chennai port 22 September 2014

The Central Board of Excise and Customs (CBEC) has installed a mobile container scanner at the Chennai port.

An official release said the facility, opened on Friday by Mala Srivastava, Member, (Customs), CBEC, would help to scan container-laden trucks at a speed of three trucks a minute.

It would also bring in accuracy in cargo inspection techniques. Kaushal Srivastava, Member (Budget and Computerisation), CBEC, said the revenue in the Chennai Zone had gone up from INR 13,283 crore in September 2013 to INR 13,573 crore in September this year.

...

Cochin Shipyard delivers speed boat 22 September 2014

Cochin Shipyard Limited (CSL) delivered the eighth of the series of 20 fast patrol vessels (FPV) being built for the Indian Coast Guard.

The vessel is named ICGS Amartya and will be operated by the Coast Guard Station at New Mangalore.

The first vessel in the series was delivered on the September 25, 2013 and in a span of one year, the yard has been successful in delivering 8 FPV to the Coast Guard. CSL also delivered a high-end platform support vessel ‘Sea Triumph’ on the same day to PSV Holding Inc, Liberia.

...

Krishnapatnam Port gears up for SCI Yangon-Colombo service 21 September 2014

Having enabled the traders to connect with their counterparts in Myanmar and Colombo, the Krishnapatnam Port Company Limited (KPCL) is all set to welcome the Shipping Corporation of India’s yet-to-be-named service that would connect both the countries.

At present, KPCL is facilitating a fortnightly service to the Port of Yangon, which is about 1,100 nautical miles, and two weekly services to Colombo through private shipping lines (500 nautical miles).

The commencement of SCI’s new service Colombo-Chennai-Krishnapatnam-Yangon-Colombo from October first week would enable the trade to reach these destinations quicker and at lesser cost. From KPCL, traders...

Minor ports to be developed along Karnataka 21 September 2014

A pilot project along coastal Karnataka costing around INR 911 crore would be implemented with the help of Asian Development bank (ADB), state's Minister for Port, Textile and Inland transport, Baburao Chinchanasur has said.

The project, which will take eight years, would help in the overall development of Dakshina Kannada, Uttara Kannada and Udupi districts, he said in a statement here.

The work of four inshore beams to control sea erosion in Ullal was in progress and reconstruction of breakwaters would begin next month. The tender process of two off-shore reefs was in the final stage, he said.

As part of the new port policy five out of the 11 mino...

ABG Shipyard likely to raise INR 1K cr. through QIP 20 September 2014

Sources said, ABG Shipyard reportedly plans to raise INR 1,000 crore through a Qualified Institutional Placement (QIP) to institutional investors and will soon seek its shareholders’ approval for the same.

A QIP is a capital raising tool where a listed company can issue equity shares, fully and partly convertible debentures, or any other securities other than warrants which are convertible to equity shares.

The largest private sector shipbuilder is in the process of undergoing corporate debt restructuring (CDR) to the tune of INR 11,000 crore. ABG Shipyard hopes to exit the CDR in two years time.

The funds will be used to either pay back some debt...

Calcutta HC says: KoPT can proceed with royalty based stevedoring tender 20 September 2014

Kolkata Port Trust (KoPT) was granted respite by Calcutta High Court (HC) which allowed it to move ahead with the tendering process to select stevedoring agent for Haldia Dock that aims to boost revenue generation for the port.

The tender for shore handling services for the dry bulk cargo handling at Haldia was on hold after the HC order in August had restrained the port from proceeding further with the tendering process.

The Calcutta HC division bench dated September four order had said the KoPT board would be free to proceed with the already initiated tender process making necessary amendments to the terms and conditions and taking other steps including extensio...

Demand for employing locals in Karaikal Port 20 September 2014

Ruling party MLA P.R. Siva who represents Thirunallar constituency on Friday said the Government should ensure that the private operator of Karaikal port employed more number of locals.

Siva alleged that the operations of the port were not being regulated and urged the government to come out clearly on how much revenue was being generatad from the port.

Siva also said a special police post should be established in Thirunallar as the place was attracting a large number of devotees.

...

Chennai Port tariff to increase from Oct 1 19 September 2014

Operating costs for ships calling at Chennai Port, a major state-owned cargo hub on India’s Southeastern coast, will go up steeply beginning on Oct. 1, in response to a tariff increase decision by port regulator Tariff Authority for Major Ports.

“Considering the deficit position depicted by the cost statements for the period from October 1, 2014, to March 31, 2016, this authority has accorded approval for an across-the-board increase of 42 percent in the existing scale of rates of Chennai Port Trust,” TAMP said in its ruling.

The hike mainly comprises marine dues, such as berth hire and pilotage fees, as well as cargo-related charges, covering st...

ChPT plans Kerala Travel Mart in Willingdon Island 19 September 2014

As B2B meetings and one-on-discussions gather steam at the ongoing Kerala Travel Mart venue, the Cochin Port Trust (ChPT) has unveiled a concept before investors’ for tourism promotion.

The Port Trust, with its policy of port based tourism development, showcased a single parcel of 57 acres at the southern tip of Willingdon Island which would be ideal for setting up hospitality and leisure related projects.

A senior port official at the KTM venue told Business Line that this triangular land strip has waterfront on 2 sides and is most suited for large luxury hotels, oceanarium, water sports complex, food courts, entertainment arcades and such other innovative ...

CSL to invest INR 1,200 cr. in dry dock for LNG carriers 19 September 2014

Cochin Shipyard Limited (CSL) will invest INR 1,200 crore to set up a dry dock for building LNG carriers.

Union Minister for Shipping Nitin Gadkari told reporters on Monday in New Delhi the Cochin Shipyard would get order for one of the three LNG carriers being built in the country under Prime Minister Narendra Modi’s campaign Make in India. Each of the LNG carriers will cost approximately INR 1,500 crore each and it will be the first time these vessels will be built in the country.

Information received here said Cochin Shipyard would also build dredgers for Paradip Port and the Dredging Corporation of India (DCI) in collaboration with foreign technology sup...

Union Cabinet to clear Iran port project soon 17 September 2014

India is all set to get its first overseas port with the Union Cabinet expected to clear the long-delayed Chabahar project in Iran within the next fortnight.

Union Shipping Minister Nitin Gadkari expected the Cabinet to clear it in the “next 10-15 days.”

Located along the Makran coast in the Gulf of Oman, Chabahar is in close proximity to the Strait of Hormuz which facilitates about 40% of the world’s oil trade, and hence has significant strategic implications for India.

Not only would it allow India easier access to Afghanistan and Central Asia without having to depend on Pakistan, it is also being touted as India’s answer to Ch...

Shipping Minister may call for upgradation of Chabahar port 16 September 2014

The shipping ministry will float a cabinet note by end-September seeking grant for upgradation of Iran's Chabahar port, which will provide India an alternative route for trade with Afghanistan and other central Asian nations.

The shipping ministry will ask the external affairs ministry for an annual grant of USD 85 million and a recurring one of USD 20 million till a sustainable amount of cargo is achieved through port operations. India has already pledged USD 100 million for the project, according to officials.

Shipping minister Nitin Gadkari said, "We are moving on Chabahar port on a war footing.”

The matter will be resolved in 15 days,...

CSL to invest INR 1,200 crore to build dry dock 16 September 2014

Minister of Road Transport, Highways and Shipping Nitin Gadkari today said, Cochin Shipyard Limited (CSL) will be investing INR 1,200 crore for setting up dry dock facility to build LNG carrier ships.

"The vessels for transporting liquefied natural gas (LNG) will be built at a cost of INR 1,500 crore each.

Cochin Shipyard will partner with a French company to build the ship," he said at a conference to mark 100 days of NDA government. In addition, other shipyards in India will be making two more LNG vessels.

The minister said that Cochin Shipyard will also be undertaking building of dredgers for Paradip Port and the Dredging Corporation of Ind...

SCI to launch direct service to Myanmar 15 September 2014

The Shipping Corporation of India (SCI) has announced the impending launch of a direct shipping service to Myanmar "under the dynamic initiative from the Ministry of Shipping, duly supported by the Ministry of External Affairs and Ministry of Commerce."

The service will commence from Colombo tentatively on September 28, 2014 with the deployment of a 1,200 Twenty Foot Equivalent Unit (TEU) ship, SCI KAMAL.

It has the following port rotation: Colombo, Chennai, Krishnapatnam, Yangon, Colombo on a 14-day frequency.

This is a dedicated standalone service catering to the trade requirements of the east and west coasts of India to Myanmar and links at...

Foodgrain will be transported via inland waterways 15 September 2014

After coal, now foodgrain will be transported through inland waterways. And the first to receive foodgrain through this route will be the North-Eastern States.

A senior Government official said that “Due to doubling project of railway track in the North-East, transportation of foodgrain through Railway will not be possible from October 1. It has been decided to transport 35,000 tonnes of foodgrain from Kakinada (in Andhra Pradesh) to Karimganj (in Assam) via Bangladesh through inland waterways.”

Earlier this year, a pilot project was carried out by ferrying 10,000 tonnes of foodgrain through this route, said the official.

Andhra Pradesh and ...

6 short-listed for JNPT liquid cargo terminal 13 September 2014

6 parties including Adani Ports, SP Ports of Shapoorji Pallongi Group and United Liner Agencies have been short-listed for building the INR 2,500-crore liquid cargo terminal at Jawaharlal Nehru Port.

A JNPT official said that the board of trustees of JNPT, which met in Delhi on Thursday, approved their initial applications.

The project with a capacity to handle 26.5 million tonnes (mt) cargo a year will be implemented in two phases.

The first phase 4 berths with a capacity to handle 15 mt — is expected to be ready in four years.

The project, which will be implemented under the private public partnership (PPP) mode, was cleared by the CC...

RAS Infraport handles 1st steel slabs cargo at Kandla Port 12 September 2014

The first private terminal at Kandla Port, developed by RAS Infraport Private Limited and in operation since February 2013, had MV STAR MASAYA carrying 1,642 pieces of steel slabs weighing 40,723.52 tonnes berthed alongside on September 3, 2014. It was for the first time that a cargo of steel slabs was handled at the terminal.

In the first year of operations, RAS Infraport handled about 1.5 million tonnes of almost all types of general dry cargo at the terminal, including foodgrains, salt, sugar, coal, timber, clinker and soyabean meal. In addition, project cargo was handled in a very efficient manner in keeping with the infrastructure at the terminal.

The RAS Inf...

CCEA approves new liquid bulk terminal at Jawaharlal Nehru Port 12 September 2014

The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister, Narendra Modi, on Wednesday approved the development of an additional liquid bulk terminal at Jawaharlal Nehru Port Trust (JNPT). The estimated cost would be INR 2,496 crore. The award would be on highest ‘royalty’ basis.

The project will be taken up for implementation under the Public-Private partnership (PPP) mode on design, build, finance, operate and transfer (DBFOT) basis. Therefore, the entire investment on the project will be made by the Concessionaire.

The project is envisaged to be implemented in two phases with overall capacity of 26.6 million tonnes per annum (m...

KPL likely to sign a long-term deal with Toyota 11 September 2014

According to the port’s Chairman and Managing Director MA Bhaskarachar, toyota is likely to sign a long-term agreement with Kamarajar Port Limited (KPL) for exporting cars. This will help the auto major get volume-based discounts. 

Bhaskarachar said that the Japanese company is already using the port to export its cars manufactured in Karnataka. “Negotiations are going on with Toyota to sign the agreement.”

KPL has similar long-term agreements with Nissan India and Ford India. The Port and Nissan signed an agreement in July 2013 to utilise the port’s automobile and general cargo berth for exports on a need-based requirement with a mini...

Kandla Port gets Excellence in Logistic Business Award from Gujarat CM 10 September 2014

The Kandla Port received the prestigious "Excellence in Logistic Business Award" in the category of Kutch Economic Growth from the Gujarat Chief Minister, Anandiben Patel, in a gala function organised by the Federation of Kutch Industries Associations (FOKIA) in Ahmedabad recently.

The award was received by Sanjay Bhaty, Officer-in-Charge, BDC, Kandla Port Trust (KPT), in the presence of Tarachand Chheda, state Minister for Cottage Industry, Gandhidham MLA, Ramesh Maheshwari, Karan Adani, Director of Adani Group, Preeti Adani, Chairperson of Adani Foundation, Goenka, Chairman and Managing Director (CMD of Welspun Group, Rajju Shroff, CMD of United Phosphorus Limite...

KPL set to ink MoU with Puducherry Government 09 September 2014

Ennore’s Kamarajar Port Limited (KPL) will enter into a pact with the Puducherry government for the development of its port.

Official sources said that a Memorandum of Understanding (MoU) to this effect would be signed by both the parties soon.

The MoU will facilitate the preparation of a Detailed Project Report (DPR) for developing the port to handle cruise ships, bunkering and coastal movement of containers through barges.

“We are expecting the Puducherry Chief Secretary to indicate the date, after which, we will prepare the take DPR. This will be followed by public hearing, and completion of other formalities. In all, it will take roughly...

Rake shortage clogs Visakhapatnam Port as coal stocks pile up 08 September 2014

Visakhapatnam Port is reportedly having trouble evacuating imported coal due to a shortage of rail wagons.

K. Ramabrahmam, President of the Vizagapatam Chamber of Commerce and Industry, said, "A huge stockpile is clogging port channels.

” According to Ramabrahmam, the Railways is able to provide only 9 rakes each day, as against the requirement of 16 rakes, resulting in ships having to wait at the anchorage for want of berth.

Coal supply to the Port increased because the BOT operators made large investments in increasing the discharge rate to 75,000 million tonnes each day while the Port brought in larger ships. Importers prefer Capesize and ...

IWAI to furnish cargo projection for ports at Dhamra and Paradeep 08 September 2014

Inland Waterways Authority of India (IWAI) will furnish the future cargo projections for ports at Dhamra and Paradeep for the upcoming National Waterway (NW)-5.

Both Paradeep Port Trust (PPT) and Dhamra Port Company Limted (DPCL) had recently inked a pact with IWAI for developing the NW-5.

The project would connect the ports at Dhamra and Paradeep with the steel and coal hinterlands at Kalinganagar and Talcher respectively.

The NW-5, targeted for completion by June 2017, is estimated to cost INR 2,000 crore.

In the first phase, 201 km stretch of the waterway would be developed, connecting Jokadia (Kalinganagar) with Dhamra and Paradeep ports....

Cabinet note by Nov on coastal shipping between India and Bangladesh 08 September 2014

The Shipping Ministry is likely to float a draft cabinet note by November 2014 for implementing coastal shipping between India and Bangladesh, an initiative that will boost trade between both the neighbours.

“In November 2014, Draft Cabinet Note would be circulated for comments for implementing the coastal shipping between India and Bangladesh,” the Shipping Ministry has said in a presentation to Prime Minister Narendra Modi.

Outlining plans for the growth of the sector, it has said approval of the Cabinet on the proposal will be sought by December 2014.

The Ministry has said the modalities of coastal shipping were discussed and finalised by...

Work starts on Haldia-Allahabad waterway 07 September 2014

Preliminary work has begun to develop a 1,620 kilometer (km) waterway on the Ganga between Haldia in West Bengal and Allahabad in Uttar Pradesh, touching important cities like Kolkata and Varanasi.

The World Bank is expected to support the project with an initial assistance of USD 50 million. The Inland Waterways Authority of India (IWAI), which is implementing the project, has estimated the cost at INR 4,200 crore. The project, labelled as National Waterway-1, will pass through four States, touching eight major cities and their industrial hinterlands.

A three-member project management unit, which will initiate institutional arrangements for preparation and pre-ap...

Cargo throughput of EVRAZ NCSP up 23% 06 September 2014

In January-August 2014, EVRAZ Nakhodka Commercial Sea Port handled 5.9 million tonnes (mt) of cargo (+23%, year-on-year). Coal transshipment totaled 3.4 mt (+43%), ferrous metal transshipment – 2.4 mt (+13%).

In August, the company’s throughput increased by 4% to over 793,000 t including 466,000 to of coal and 324,000 t of ferrous metal.

EVRAZ Nakhodka Commercial Sea Port is a major stevedore company operating at the largest Russia’s Far Eastern Port of Nakhodka, located in the eastern Gulf of Peter the Great, in Nakhodka Bay. The port is linked to the Eurasian continent through the Trans-Siberian Railway, serving the Asia-Europe-Asia trade flows...

V Gopal quits SCI 05 September 2014

Shipping Corporation of India (SCI) has informed the stock exchange that V Gopal, Non-Executive Director (Part-time Independent), had tendered his resignation on September 3, 2014.

...

Visakhapatnam Port in expansion mode 05 September 2014

With a aim to achieve 85 million tonnes (mt) capacity by 2015 by undertaking mechanisation, Visakhapatnam Port is cruising ahead to become the most preferred port of South Asia.

Taking advantage of its strategic location and huge hinterland, investment to the tune of INR 13,000 crore is being made for extension of container terminal by J. M. Baxi Group and modernisation of ore handling complex by Essar Ports, deepening of channels and berths and installation of state-of-the-art handling facilities and other logistics.

Visakhapatnam Port Trust (VPT) Chairman M. T. Krishna Babu said that “Not only increasing volumes, we are also making serious efforts to handl...

Adani Hazira Port gets first ship on ASX service 04 September 2014

Simatech, X-Press Feeders, OEL started their ASX service from the Container Terminal at Adani Hazira Port Private Limited with the maiden call of M. V. Ville D'Aquarius on 13th August 2014, giving direct connectivity to Middle East, Persian Gulf markets from Hazira.

ASX Service has a weekly rotation comprising Hazira, Nhava Sheva, Jebel Ali, Mundra and facilitates the export-import trade based in south Gujarat, central India, northern Maharashtra and beyond with excellent service linkages to this strategic market from India

...

Sical Logistics may switch to handling private coal at Kamarajar Port 04 September 2014

The board of Ennore’s Kamarajar Port Limited’s (KPL) has consented to Sical Logistics handling private coal (other than the coal belonging to the Tamil Nadu Electricity Board (TNEB) instead of iron ore at the private terminal, which has been idle for three years. However, this can begin only after February 2016.

The board met on Saturday and took cognizance of the fact that Sical’s iron ore terminal has been idle since 2011 due to a ban on iron ore export by the Supreme Court (SC).

According to sources, at present, the Chettinad group is handling non-TNEB coal at the port and a competing facility cannot handle such coal till February 2016.

<...

Coal stockpile clogs Visakhapatnam port on rake shortage 04 September 2014

According to K Ramabrahmam, President of the Vizagapatam Chamber of Commerce and Industry, the Visakhapatnam port is facing a serious difficulty in evacuating imported coal for want of rail wagons. A huge stockpile is clogging port channels.

He said in a statement here on Wednesday that the railways were able to supply only nine rakes as against the requirement of 16 rakes each day, resulting in ships waiting at the anchorage for want of space.

Coal supply has increased because the B.O.T operators made large investments in increasing the discharge rate to 75,000 mt each day and the port was bringing in bigger vessels. Importers prefer capesize and panamax vessels ...

FPV ICGS Abhiraj commissioned in Tuticorin 03 September 2014

Fast patrol vessel (FPV), Indian Coast Guard Ship Abhiraj was commissioned at Tuticorin port on Tuesday.

Vice-admiral S P S Cheema, flag officer commanding-in-chief, Southern Naval Command commissioned the vessel, the fourth in the series of 20 FPVs designed and built by Cochin Shipyard Limited.

Commissioning the ship, Cheema said that FPVs are work horses of the Indian Coast Guard.

He spoke on fast development of coast guard and acknowledged the support of central government in this regard increasing force levels to face emerging security challenges in maritime domain.

Addressing the event, inspector general, commander coast guard region (ea...

Visakhapatnam Port move to minimise dust pollution 03 September 2014

As part of its efforts to minimise dust pollution, the Visakhapatnam Port has decided to make it mandatory to handle bulk cargo in the general cargo berth by covering with tarpaulin.

The decision was conveyed to all stakeholders, including SAIL, Bhushan Steel, Sesa Sterlite, and NALCO, on Tuesday.

Port Chairman M.T. Krishna Babu said that for handling imported coking coal, major users, including SAIL, spend INR 2,200 per tonne out of which the port gets INR 230.

He said, as covering the cargo with tarpaulin would cost just INR 10 per tonne, the VPT had instructed the users to absorb the additional cost.

He said that for steam coal, which coul...

India allocates USD 100 m to improve Iranís Chabahar port 02 September 2014

Shaida Mohammad Abdali, Afghan envoy, said, India will be upgrading the Chabahar port in Iran, as reported earlier, and has already allocated USD 100 million for the purpose.

Abdali said that "Ultimately, the port connects Central Asia with South Asia. And we have in-principle agreed to the plan. The draft has been circulated, and India has already pledged USD 100 million for upgrading the port.”

Abdali said that the decision to use Chabahar port for Indo-Afghan trade was taken given the fact that India couldn’t export to Afghanistan through Pakistan. However, Afghanistan is allowed to export to India through Pakistan.

He said that, &qu...

Kandla port bags Major Port of the Year-2014 award 02 September 2014

Sea Trade of South India has conferred the 'Major Port of the Year-2014' award on Kandla port, located in Gujarat.

KPT said in a statement, the Kerala Chief Minister, Oommen Chandy, presented the award to Sanjay Bhaty, Officer-in-Charge, BDC, Kandla Port Trust (KPT), at a function held previous week in Kochi.

Kandla port was selected for the award by a jury headed by Mohandas, former Union Secretary, Ministry of Shipping.

...

GE Shipping plans INR 2,300-cr capex to raise capacity 01 September 2014

A senior official has said, Great Eastern (GE) Shipping, the largest private sector liner in the country, plans to invest up to USD 380 million or around INR 2,300 crore in acquiring ships and on a rig by March 2017.

Around USD 180 million will be for 6 ships on order, which include a major thrust on increasing the bulk capacity and one product anchor vessel, and a new building, the group’s Chief Financial Officer G Shivakumar said.

He said that the company, which is also into the offshore segment, has a USD 200-million rig on order, which shall be delivered by the end of the fiscal.

To a question on the spread of the capital expenditure, Shivakum...

Talks on September 5 for Vizhinjam Port central funding 31 August 2014

Kerala Chief Minister Oommen Chandy said, Official talks will be held in Delhi September 5 to finalise conditions for central assistance to the proposed Vizhinjam Port project.

Chandy, Minister for Ports K Babu and senior officials held talks with union Finance Minister Arun Jaitley in Delhi Saturday about the central government's clearance for the viability gap funding for the INR 5,000-crore expected first phase cost of the project.

Chandy said that "The talks went off well. Some conditions have to be finalised and for this a high-level official meeting will be held in Delhi Sep 5.”

The required clearance for this project that has been ...

Gadkari says: Shipping, water transport key to raising GDP 30 August 2014

Nitin Gadkari, Minister for Road Transport, Highways and Shipping has said, the Centre has fasttracked measures to promote coastal shipping and inland water transport to ferry goods and people through the country’s waterways.

Speaking at the inaugural session of second Coastal Shipping and Inland Water Transport business summit here on Friday through video conference, he said shipping and water transport was the key to increasing GDP. 

Waterways provided an economical and eco-friendly mode of transport, while also decongesting highways. Boosting water transport will also revive tourism and water sports. Chief Minister Oommen Chandy attributed high propo...

India to start shipping service to Myanmar, Bangladesh to boost ties 29 August 2014

India will soon launch regular shipping service to Myanmar and Bangladesh, a move that would help strengthen ties with the two immediate neighbours.

While Shipping Corporation of India (SCI) is likely to start fresh shipping lines to run container ships between India and Myanmar in October, sources said commercial trial run of vessels on India-Bangladesh coastal routes will begin in the same month.

The regular coastal shipping between Bangladesh ports and India's eastern ports such as Paradip and Haldia may commence by this year-end, officials said.

With the commencement of India-Myanmar direct shipping service the transit time for Indian exports to...

ChPT makes changes to outer harbour project 29 August 2014

The Chennai Port Trust (ChPT) has altered some of the key parameters and has forwarded the proposals to the Shipping Ministry.

The alteration has been proposed as ChPT could not find a partner on this front for the last one year, even as its competitors in the East Coast made substantial progress.

On Thursday, the Board of Trustees of ChPT passed resolutions pertaining to the INR 5,100-crore outer harbour project, and converting the existing Jawahar Dock into a multi-cargo terminal at an investment of INR 460 crore.

Till recently, Jawahar Dock was handling coal. It has been lying idle for the last three years in the wake of a directive from the Madras H...

KoPT gets tremendous response for onshore cargo handling tender 28 August 2014

Kolkata Port Trust (KoPT) officials said that the pre-bid tender meeting of Kolkata Port Trust (KoPT) has got tremendous response on the tender floated to select onshore dry bulk cargo handling agents for Haldia Dock.

A KoPT said that "Representatives of 17 companies and the major handling agent group currently engaged at Haldia had attended the pre-bid meeting with port officials on the tender for selecting onshore dry bulk cargo handling agent.”

Under the current system, a port has no role in onshore handling after the cargo is unloaded from ships.

A deal is struck between the agent and the cargo owner depriving the port from a share of rev...

Ministry of Shipping sets up monitoring unit for INR 4,200 cr Ganga project 27 August 2014

The Shipping Ministry has set up a monitoring unit for its ambitious INR 4,200 crore Allahabad- Haldia Jal Marg Vikas project on Ganga for commercial navigation as well as cruise tours connecting religious places.

"Process of establishment of PMU (project monitoring unit) has been completed," Shipping Ministry has said in a communication to the Finance Ministry.

The project includes developing the National Waterways-1 between Allahabad-Varanasi -Buxar-Patna-Haldia, which has several religious places.

The Ministry said a detailed project report for 'Jal Marg Vikas' (National Waterways-I) is under preparation for it to cover a distance o...

Mormugao port to get new passenger terminal 27 August 2014

Krishna Pal Gurjar, Union Minister of State for Road Transport, Highway and Shipping, will lay the foundation stone for a new passenger terminal building at Mormugao port in south Goa on Wednesday.

The cruise terminal building will house Customs and Immigration clearance, and include facilities such as baggage screening, passport reading machines, duty-free shops, money-changers and communication facilities.

It will also feature a shopping arcade for display and sale of local handicrafts and other products of interest, as well as a lounge and restaurant facilities.

A spokesperson of MPT said that Mormugao Port Trust (MPT) has been sanctioned a grant of ...

1st seaplane service from Mumbai takes off for Lonavala 26 August 2014

Maritime Energy Heli Air Services Private Limited (Mehair), in association with MTDC, today launched maiden seaplane service to Lonavala from here, marking its first operation from the mainland.

The first commercial seaplane flight with nine passengers onboard a Cessna 208A aircraft, took off at around 12 noon from the Juhu aerodrome for Pawana dam in Lonavala.

Mehair co-founder and director Siddharth Verma said that "We have received tremendous response from the customers. As a matter-of-fact, both the daily flights and weekly flights that we will operate have seen full bookings till September 15.”

Verma said that "Right now there are v...

SCI announces increase in rates on ISE and IPAK service from Sept 12 26 August 2014

The Shipping Corporation of India ( SCI ) announces hike in rates on ISE and IPAK service and (Indian Subcontinent to Europe) w.e.f. September 12, 2014, to meet increasing operational costs and maintain high level of reliability and proficiency to the customers.

It will be also applicable for the shipments from Indian Sub-continent to Europe, Mediterranean, Black Sea & Red Sea trade route.

The Freight rate increase will be USD 250 Twenty Foot Equivalent Unit (TEU) and USD 500 FEU, w.e.f. September 12, 2014 . SCI will continue to operate the service with high level of reliability, proficiency and meet expectations of the Customers.

...

Visakhapatnam Port to get new dedicated berth for reducing handling time of coastal cargo 25 August 2014

M. T. Krishna Babu, VPT Chairman, said, Visakhapatnam Port proposes to develop a dedicated berth for coastal shipping within six months, which will help to save time in handling coastal cargo.

At present, a lot of time is wasted in evacuating cargo as clearance from Customs was necessary for coastal ships, along with foreign-flagged vessels, he added.

Once the new facility is ready, ships with a deadweight tonnage of 40,000 to 45,000 and around 500 to 1,000 Twenty Foot Equivalent Unit (TEU) could easily be berthed at the Port.

The berth, with a draught of 14 meters, would be coming up at West Quay-10 return end in an area of 300 meters between East Quay...

Qinhuangdao port set for record exports 25 August 2014

Qinhuangdao port is likely to see commodity deliveries surge to record levels over the next three years as urbanization fuels demand.

"Shipments of mainly coal and ores via the port are likely to rise by 20-30 million tonnes (mt) by 2017," said an official of Qinhuangdao Port Company.

The official added that China is currently the world’s largest energy consumer and power demand is growing fast as the rural population uses more household appliances. "Urban residents are buying more electric cars.”

The country depends on coal for 66% of its energy.

...

Paradip Port to start reefer container service 25 August 2014

Seafood exporters, who usually ship their consignments from Kolkata, Haldia and Vizag ports, can now save a lot of money by utilising Paradip Port as it has commenced a reefer container service.

The PPT Chairman, Sudhanshu Sekhar Mishra, said a ship, Hansa Castella, loaded with100 tonnes of frozen seafood left for Vietnam on August 15 from the Port.

The President of Seafood Exporters’ Association of India, Odisha region, Gorachand Mohanty said that "This was a long-standing demand from exporters to PPT and the Shipping Ministry to provide facilities like reefer container cargo handling. Seafood exporters are facing several difficulties by exporting thro...

HC restricts cargo vessel movement 24 August 2014

Gujarat high court (HC) has ordered Kandla Port Trust (KoPT) authorities to arrest a ship, MV Kayu Ramin, with a Panama flag after Tata Chemicals Limited complained that the cargo ship had landed with a consignment less than the quantity ordered.

The court ordered port officials not to allow the 225m vessel to go out of Indian waters after the company claimed USD 61,888 damages from the ship for carrying 127 metric tonne less cargo of ammonium phosphate. HC has issued notice to the vessel and kept further hearing on August 26.

The vessel was supposed to carry 35,120 MT of DAP from the Port of Natong in China to Kandla, where it berthed on August 9.

The ...

Supreme Court to hear Keralaís petition on Vizhinjam port project 23 August 2014

The Supreme Court (SC) on Friday decided to examine an appeal filed by the Kerala government against a decision of the Principal Bench of the National Green Tribunal (NGT) to judicially review the multi-crore Vizhinjam port project, a multipurpose deepwater transshipment port at the southern tip of India.

In a July 17 judgment, a 5-member Principal Bench of the NGT, led by Chairperson Justice Swatanter Kumar, transferred the Vizhinjam case files to Delhi from the tribunal’s Southern Bench in Chennai.

The Principal Bench intends to look into the question of whether a Coastal Regulation Zone (CRZ) notification issued in 2011 should be amended to include the Vi...

KPT floats tender for setting up liquid storage tanks 22 August 2014

Kandla Port Trust (KPT) has floated E-tender-cum-E-auction for the allotment of two plots (plot no. 3 and 10) at Kandla on 30 years lease basis for setting up of liquid storage tanks on as is where is basis.

Interested parties have to submit a non-refundable tender fee of INR 5,000 in demand draft, bankers’ cheque or pay orders in favour of "Kandla Port Trust" payable at Gandhidham from any nationalized or scheduled bank.

The pre-bid meeting would be held at KPT’s Board room on August 30, 2014. The last date for submitting the tender would be September 20, 2014 before 1200 hrs, which can be done online athttp://kpt.nprocure.com, KPT informed....

JNPT celebrated 68th Independence Day 21 August 2014

Jawaharlal Nehru Port Trust (JNPT) celebrated 68th Independence Day with the usual colour and fervour. N.N. Kumar, IRS, Chairman, JNPT hoisted the National Flag.

He was given a 'Guard of Honour' by the ceremonially dressed platoon of the JNPT Unit of the Central Industrial Security Force, which also demonstrated a one minuted rill of handling of weaponry by the CISF personnel.

Addressing the gathering, the Chairman recalled the sacrifices and the valuable contributions of the freedom fighters of the country.

Highlighting the Port's performance and the development projects being undertaken by the Port. He congratulated the employees and offic...

Gopalpur port to start again operations by 2014 end 21 August 2014

Gopalpur port, whose operations was severely hit by the Phailin cyclonic storm, is gearing up to resume normal operations by the end of 2014. The port’s operations came to a standstill after the storm hit the state’s southern coast on October 12 last year.

Director (operations) of Gopalpur Ports Limited (GPL), M M Moharana said that “The start of repair work on the port was delayed due to the survey by different insurance companies on the damage caused by the cyclone.”

The port had incurred around INR 250 crore loss due to Phailin. The repair work, however, was in full swing and is likely to end by the end of 2014.

He said that &...

Red sanders worth INR 6.79 cr seized in New Mangalore Port 21 August 2014

The officials of DRI (Directorate of Revenue Intelligence) in Mangalore seized 16.99 tonnes of red sanders valued at INR 6.79 crore from a container at New Mangalore Port on Wednesday.

A late evening press release by DRI said that the container was loaded to the ship m.v. Tiger Mango V 130 -- and was exported by declaring the goods as ‘Mysore Detergent Cake’ destined for Sharjah. The ship sailed out on from New Mangalore Port to Colombo Port on August 9.

The release said the ship was called back from Colombo port following specific intelligence about concealment of contraband goods in the container.

The said container was not offloaded at Co...

VOC Port taken measures to increase port capacity 20 August 2014

The V.O. Chidambaranar Port (VOC) management has initiated a number of schemes for the inner harbour development to increase the existing capacity of the port here from 42.06 million tonnes (mt) to 85.49 mt by 2017, S. Anantha Chandra Bose, Chairman of the Port, said after hoisting national flag in the Independence Day celebrations at Port School ground here.

He said that the big challenge faced by India is development of infrastructure to meet the economic growth rate and to achieve this; the port sector has taken various infrastructure developmental activities to give a fillip to the foreign trade in the country.

...

Adani to expand Dhamra port capacity to 100 mtpa 20 August 2014

Sources said that the Gujarat-based Adani Group is all set to expand the capacity of the recently-acquired Dhamra port to 100 million tonnes per annum (mtpa) from the existing 25 mtpa.

Speaking to newsmen after meeting with the Odisha Chief Minister, Mr Naveen Patnaik, and the state Chief Secretary, G. C. Pati, the Adani Group Chairman, Gautam Adani, said, "We are going to start work on expansion of the Dhamra port. Orders have been placed for the purpose. Our vision is to build the Dhamra port on the scale of the Mundra Port."

The Chief Executive Officer of Dhamra Port Company Limited (DPCL), Mr Santosh K. Mohapatra, said, "DPCL had sought 700 acre...

Non-cargo ships to pay higher berth charges at Chennai port 20 August 2014

The Chennai Port Trust (ChPT) will levy separate berth hire charges on non-cargo ships engaged in research and survey calling at the port.

In certain categories, such as offshore rigs/supply ships, the additional levy could be quite huge, according to sources.

Charges could increase multifold for non-cargo vessels. For instance, going by current rates, an offshore tug/supply ship which paid INR 12,794 will now have to pay nearly INR 1 lakh as the new levy, according to information in the order.

At present, the berth hire charges are uniform for all vessels, depending on the gross registered tonnage (GRT).

Sources said that Non-cargo vessels o...

HSL outperformed during 2013-14: CMD 19 August 2014

According to Rear-Admiral and Chairman and Managing Director (CMD) N K Mishra, the Hindusthan Shipyard Limited (HSL) has outperformed other shipyards in the country - both in the public sector as well as the private one - during 2013-14 by delivering 5 ships and two of them on the same day.

He said that "We have stunned our critics and proved soothsayers wrong by performing the way we did in the year, but the task is not done yet. We must rise to greater heights.”

He said the HSL was acquiring new cranes and also a new pipe flanging machine that will reduce piping work substantially.

"Our roofing work for hull shop, fabrication unit and ...

Govt. to Award Port projects worth INR 4,575 crore under PPP mode 19 August 2014

The Government has identified projects for augmenting capacity by 67 million tonnes (mt) at 5 major ports under the PPP mode by March, entailing an investment of INR 4,575 crore.

The capacity of the country's 12 major ports - Kandla, Mumbai, JNPT, Marmugao, New Mangalore, Cochin, Chennai, Ennore, V O Chidambarnar, Visakhapatnam, Paradip and Kolkata stood at about 700 MT as on March 31 this year.

Shipping Ministry official said that "7 projects entailing an investment of INR 4,575 crore have been identified for award under the public-private- partnership (PPP) mode at five major ports in the country during the present financial.”

These inc...

CSL in talks with global firms for LNG ship 19 August 2014

Cochin Shipyard Limited (CSL) has started discussion with global shipping lines to join hands for a bid for the GAIL agreement for LNG (liquefied natural gas) contained ships.

GAIL recently invited proposals for construction and charter of LNG vessels beginning September 2017 to import LNG. Potential bidders, who will lease out the ships to GAIL, will need to bid for at least one lot of 3 vessels, one amongst which will be constructed at an Indian shipyard.

Currently, Shipping Corporation of India (SCI) is the only Indian ship owner fulfilling all requirements of the tender.

Preliminary technology talks are on between CSL and French engineering firm Gaz...

Cargo handling at Visakhapatnam Port up by 5% in 4 months to 20.64 mt 19 August 2014

M. T. Krishna Babu, Chairman of Visakhapatnam Port Trust (VPT), said, Visakhapatnam Port’s cargo handling till July end of the current financial year grew by 5% to 20.64 million tonnes (mt) from 19.72 mt in the same period of previous year.

Speaking during the flag-hoisting ceremony for the 68th Independence Day here, Babu said that to make the Port capable of handling Capesize ships, dredging of the outer harbour channel was completed, which enabled the Port to navigate the first-ever Capesize ship m.v. MGM Sailor on March 10.

Similarly, to facilitate the navigation of 14-m draught ships, dredging works of the inner harbour would also be completed soon. The...

Courtís decision on Kolkata portís tenders disappoints whistle blowers 18 August 2014

The charges against Kolkata Port Trust (KoPT) of “ensuring profit” for the cargo handlers at the cost of the port have hit a roadblock as the court continued with its stay on the implementation of tendering process. In a recent judgement, Kolkata High Court (HC) said that the “objection needed to be addressed” before a tendering process.

The whistle blowers, who raised the issue of revenue loss, said the issue of “the port’s revenue loss is virtually lost” as a process of long-drawn court battle has initiated.

They also said that the minutes of the board meeting held on the July 18, 2014, was so prepared as to make it lega...

Measures to augment VOC Port capacity 18 August 2014

The V.O. Chidambaranar Port (VOC) management has initiated a number of schemes for the inner harbour development to increase the existing capacity of the port here from 42.06 million tonnes to 85.49 million tonnes (mt) by 2017, S. Anantha Chandra Bose, Chairman of the Port, said after hoisting national flag in the Independence Day celebrations at Port School ground here.

According to a press release, he took salute from personnel of Central Industrial Security Force, Port Fire Service, Port School NCC and students.

In his Independence Day message, the chairman recalled the struggles and sufferings of patriots who fought for the freedom of the nation. 

Shipping Minister says: Cargo ports planned at Surat, Wardha, Aurangabad 17 August 2014

Shipping Minister Nitin Gadkari said, to reduce dependence on roads for cargo movement and to reduce the costs, Jawaharlal Nehru Port Trust (JNPT), country's largest container port, will be setting up satellite ports at Wardha, Aurangabad and Surat.

Gadhkari said that Wardha and Aurangabad (both in Maharashtra) will have dry ports from where the cargo will be moved by railway, while at Surat there will be a water port. He was speaking at a function at the JNPT here in the presence of Prime Minister Narendra Modi who laid foundation stone for an SEZ.

Cargo worth INR 16,000 crore from or to the Marathwada region of Maharashtra passes through JNPT, while over INR...

Visakhapatnam port records 5% growth in cargo handling till July-end 17 August 2014

Visakhapatnam port chairman M T Krishna Babu has said that the port has handled 20.64 million tonnes of cargo till the end of July during the current financial year against 19.72 million tonnes last year, registering a growth of 5%.

He said the port had completed dredging of outer harbour channel in March 2014 for handling capesize vessels. It was able to navigate the first-ever capesize ship, m.v. MGM Sailor, on March 10.

The dredging works of inner harbour to facilitate the navigation of 14 m draft ships would be completed on schedule and the port would be able soon be above to handle fully laden panamax vessels in the inner harbour.

Krishna Babu said...

HSL outperformed others: CMD 16 August 2014

According to Rear-Admiral and Chairman and Managing Director (CMD) N K Mishra, the Hindusthan Shipyard Limited (HSL) here has outperformed other shipyards in the country - both in the public sector as well as the private one - during 2013-14 by delivering 5 ships and two of them on the same day.

He said delivering 2 ships on the same day was a first in the country. "We have stunned our critics and proved soothsayers wrong by performing the way we did in the year, but the task is not done yet. We have graduated from building age-old bulkers to modern warships. One such warship is under construction in the yard. We must rise to greater heights," he exhorted the emplo...

NMPT targets 100-mt cargo handling capacity by 2020 16 August 2014

According to P C Parida, Chairman of New Mangalore Port Trust (NMPT), NMPT is in the process of increasing its capacity to 100 million tonnes (mt) by 2020.

He said that speaking after unfurling the National Flag on the occasion of Independence Day on Friday, he said that the port has already developed its infrastructure to handle 77 mt of cargoes a year. It is in the process of increasing this capacity to 100 mt by 2020.

On some of the development works taken up at the port, Parida said a yard for containers and warehouse for general cargo are being developed.

This initiative will help handle more general cargoes at the port.

He said that wor...

New cargo vessel from Kochi to Mundra 16 August 2014

A new cargo vessel will operate between Kochi and Mundra ports soon.

SSL Mumbai, the ship which was inducted by Shreyas Shipping and Logistics recently, will operate every fortnight calling at the Mangalore, Goa and Kandla ports en route.

This will be the Mumbai-based Shreyas’ third cargo vessels operating on the West Coast.

...

Govt. to award port projects worth INR 4,575 cr under PPP 15 August 2014

The government has identified projects for augmenting capacity by 67 million tonnes (mt) at five major ports under the PPP mode by March, entailing an investment of INR 4,575 crore.

The capacity of the country's 12 major ports - Kandla, Mumbai, JNPT, Marmugao, New Mangalore, Cochin, Chennai, Ennore, V O Chidambarnar, Visakhapatnam, Paradip and Kolkata stood at about 700 MT as on March 31 this year.

A Shipping Ministry official said, "Seven projects entailing an investment of INR 4,575 crore have been identified for award under the public-private- partnership (PPP) mode at five major ports in the country during the current fiscal.”

These i...

Hyundai no-export move hits ChPT 14 August 2014

The Chennai Port Trust (ChPT) would be the main loser in the wake of the South Korean auto major Hyundai’s decision to stop exporting cars from India to Europe, as it would lead to a reduction of nearly 60,000 cars annually in throughput from the city port.

As Chennai port handles most of Hyundai’s car exports, this move may have a significant impact.

The company has stopped exports to Europe as that market is now being catered by its sister plant in Turkey. The Korean car major has decided to cut down overseas shipment from its Chennai plant to 1.9 lakh units this year from 2.53 lakh units previous year, according to Rakesh Srivastava, senior vice-pre...

Varun Shipping to remain in VLGC sector 14 August 2014

Varun Shipping, India’s largest liquefied petroleum gas (LPG) tanker operator, has reportedly decided to maintain its presence in the very large gas carrier (VLGC) market.

Earlier, the company had planned to exit the segment in a bid to reduce its debt load, according to reports.

This change in stance has been attributed to the bullish outlook for LPG ships globally.

...

New coastal cargo service launched 14 August 2014

A new coastal cargo service has been launched here that will ply the Kochi-Mangalore-Goa-Kandla-Mundra circuit on a fortnightly basis.

A press release from Cochin Port Trust (ChPT) said that the service had been launched by the Mumbai-based Shreyas Shipping and Logistics.

Its ship SSL Mumbai has a Gross Registered Tonnage of 18,602 and a capacity to carry 1,613 Twenty Foot Equivalent Unit (TEU).

...

First feeder link eliminates need to truck to Mumbai or ship via Colombo 13 August 2014

The first feeder service between Mormugao Port Trust (MPT) in Goa and Mumbai's Jawaharlal Nehru Port Trust (JNPT) will commence later this month.

Built at the Chowgule Group's shipyard in Loutolim, the new 106 Twenty Foot Equivalent Unit (TEU) feeder, and will move between the two ports four to six times a month, depending on demand.

Confederation of Indian Industry (CII) chairman Kirit Maganlal said feeder would reduce container traffic on the congested roads.

Maganlal said that"The service will target export and import companies in Goa, and will benefit booming pharmaceutical exports now transported in refrigerated containers to JNPT, 800...

Visakhapatnam port to have dedicated berth for coastal vessels 13 August 2014

The Visakhapatnam port will develop a dedicated berth for coastal shipping within six months. The berth would help save time in handling coastal cargo.

At present, clearance from customs was necessary for coastal ships along with foreign ships, which caused a lot of delay in evacuation of cargo, said Port Chairman M.T. Krishna Babu.

The berth with a draft of 14 metres would come up at West Quay-10 return end in an area of 300 metres between East Quay-10 and West Quay-8. Due to Cabotage law, foreign ships were prohibited from lifting cargo for discharge between two Indian ports.

Ships with a deadweight tonnage of 40,000 to 45,000 and containers numbering...

KoPT vigilant about vessel from west Africa 13 August 2014

The Kolkata Port Trust (KoPT) is exercising caution against ships originating from Ebola-affected countries of West Africa.

Port health officer M K Bag said,“An alert against the Ebola virus by the Union Health ministry has been received. We are vigilant on the issue.”

He said that the Kopt was vigilant about ships arriving at the Haldia Dock or the Kolkata Dock complex from the affected countries.

He said that “We will exercise caution on ships originating from the affected countries of West Africa. But there has been no ships from this zone till now.”

Those arriving at the docks would be asked whether they visited an...

Shipping Corp. India posts INR 49.50 cr profit 13 August 2014

Shipping Corporation of India (SCI) to report a net profit of INR 49.50 crore for the first quarter ended June 30 against INR 98.70 crore loss during the same period a year ago.

In the quarter ended March, the company had reported a profit of INR 13.24 crore, though the full year it suffered a loss of INR 274 crore.

During the first quarter, both liner and tanker operations suffered losses and the offshore services reported lower profit.

The company cancelled orders for two new vessel a container vessel and an OSV as the yard could not deliver them on time.

...

Shipping Corp. of India may trim loss-making international container service 12 August 2014

Shipping Corporation of India (SCI) is considering gradual reduction of its exposure to the loss-making international container service.

SCI, the only Indian company operating international container service, has been finding it difficult to keep its ships afloat in the past few years due to a prolonged slump in the freight market.

Though there has been a marginal improvement in rates compared to last year, they are still ruling at uneconomic levels, said a shipping company official.

In the case of SCI, its operating expenses are higher than its global competitors. While the India line operates smaller vessels of 4,000-6,000 Twenty Foot Equivalent Unit ...

GAIL seeks bids for LNG shipbuilding 12 August 2014

GAIL India has called for bids from companies holding a minimum 25% equity for 7 years in 3 such operational ships.

Besides, Indian shipyards which bid for the contract would need to have a contractual agreement with an overseas shipyard that has constructed and delivered at least one LNG ships with a capacity of 1,35,000 m3 or more in the preceding 10 years.

The potential bidders are required to bid for 3 ships, at least, in one lot, with the caveat that one of the three ships will be constructed at an Indian shipyard.

The experience of operating the vessel could be direct or an indirect one through its parent company, or a wholly owned subsidiary. Add...

CMA CGM to build container port at Mundra with Adani Port 12 August 2014

Adani Port and SEZ Limited (APSEZL) has a 50:50 deal with CMA CGM to build a 1.4 million Twenty Foot Equivalent Unit (TEU) capacity container terminal at Mundra, that would make it the biggest box port in India with an overall 5.5 million TEU annual capacity.

APSEZ, India's biggest multi-port operator, revealed this development as it posted a 36% increase in first quarter net profit year on year to INR 14.3 billion (USD 256.4 million).

APSEZL consolidated cargo for the first quarter of fiscal 2015 increased 27% to 33.83 million tonnes. Mundra handled 28.86 million tonnes, up 22%.

Mundra Port handled 681,000 TEU, up 43% - compared to the 4% average g...

High Court stays Haldia Port bidding process 12 August 2014

The Calcutta high court (HC) on Monday stayed till 26 September the process of selecting handling agents at the Haldia Port through bidding.

Last month, at least 4 existing handling agencies had moved court against the decision by the Kolkata Port Trust (KOPT) to tender cargo handling operations.

KOPT had decided to fix a ceiling on cargo handling charges in Haldia at INR 119.80 a tonne as compared with the existing charges of INR 50-250 a tonne.

The bidders agreeing to pay the highest royalty to KOPT were to be selected for the job.

...

PM to launch SEZ in Navi Mumbai port on August 16 11 August 2014

Prime Minister (PM) Narendra Modi is set to lay the foundation for a INR 4,000-crore port-based, multi-product special economic zone (SEZ) at the Jawaharlal Nehru Port Trust (JNPT) in Navi Mumbai on August 16.

The Shipping Ministry said that the proposed infrastructure in 277 hectares, with a total public and private investment of INR 4,000 crore, will be a self-sustainable set to generate 150,000 direct and indirect jobs.

The ambitious zone to be developed by a special purpose vehicle or a fund-raising holding company. It will come up as an engineering and construction project, slated for completion in 3 years.

The project includes a free trade warehou...

Chairman says: New Mangalore Port can handle any cargo 11 August 2014

P. C. Parida, Chairman of NMPT, said, the New Mangalore Port Trust (NMPT) has surplus capacity to handle any cargo.

"NMPT has an installed capacity of 77.77 million tonnes (mt)," he said in an interactive meeting with the members of Kanara Chamber of Commerce and Industry (KCCI) here recently.

Of this, the capacity of crude and petroleum products handling takes a major share of 31.17 million tonnes per annum (mtpa). Coming in at second place is the single point mooring (SPM) facility for handling crude oil with 18 mtpa capacity. Other cargoes such as coal, container and fertiliser account for 15.7 mtpa.

He added that “An additional capac...

KPL goes infor 16 meters draught 09 August 2014

Kamarajar Port Limited (KPL), formerly Ennore Port, has asked the Dredging Corporation of India (DCI) to provide deeper draught at three coal berths to accommodate bigger ships.

As per the plan, dredging work would begin soon and would be completed in 6 months. The draught capacity of Chettinad International Coal Terminal would be increased from 13.5 metres to 16 metres, whereas the draughts at coal berths I and II would be deepened by one more metre each. It would cost about INR 50 crore.

DCI had already deepened the approach channel and basin to the berth by 16 metres.

Following the recent directive of the Shipping Ministry that all the major ports sh...

Kerala HC issues notice to ChPT on single window system 09 August 2014

The High Court (HC) has ordered notice to Cochin Port Trust (ChPT) on a petition filed by Cochin Chamber of Commerce and Industry, challenging the ‘single window system’ for movement of containers implemented by the Container Carrier Owners through various associations.

Justice Muhammed Mushtaq admitted the plea. The Chamber in its petition challenged the ‘turn system’, also known as the single window system, arguing that the system was unilaterally implemented by the Container trailer owners on the grounds that it was detrimental to the functioning of Cochin Port.

Counsel V M Syam Kumar, appearing for petitioners, argued that both exporter...

MPT and JNPT feeder service to start by month end 09 August 2014

The feeder service connecting Goa's Mormugao Port Trust (MPT) and Jawaharlal Nehru Port Trust (JNPT) near Mumbai would begin by the end of this month, heralding a new era on the logistic front between both the neighbouring ports.

The Goa-based Chowgule Shipping Company, which has built a container feeder ship, operated by Shreyas Shipping and Logistics, will connect both the ports.

The connectivity will boost the logistics, said Confederation of Indian Industry's Goa Chapter President Kirit Maganlal.

The service which will start later this month, will off load the cargo traffic movement on the road, said Maganlal.

"Till now, truc...

SpiceJet shelves Aviation Turbine fuel import plan 09 August 2014

SpiceJet has shelved its plan to directly import Aviation Turbine Fuel (ATF) citing operational challenges.

A SpiceJet spokesperson said, “We did a proof of concept last year and then decided to put the idea on hold. Theoretically, importing ATF is a great opportunity to reduce fuel costs but we do not think that we are still ready for it yet.”

SpiceJet, which is promoted by billionaire Kalanithi Maran, had become the first Indian carrier to receive approval from the Director General of Foreign Trade (DGFT) to import ATF in 2012.

However, importing is logistically challenging because the carrier has to assume full responsibility of importing...

Dredging starts at Thengaithittu harbour 08 August 2014

After a delay of several months and long-drawn agitations by fishermen, the dredging work took off on Thursday to deepen the mouth of Thengaithittu Fishing Harbour for easy navigation of boats.

Over 15, 000 fishermen of Puducherry region who depend on the sole fishing harbour to navigate their way into the sea, were agitating against the government for not deepening the mouth of the harbour for more than three years.

They also complained of their boats hitting hard sandy blocks frequently and getting damaged as considerable silt has accumulated near the mouth area.

The Port Department has awarded the dredging contract to the Kerala State Maritime Develo...

Indian port regulator rejects proposed JN Port cargo fee 08 August 2014

India’s Tariff Authority for Major Ports (TAMP) has turned down a proposal by Jawaharlal Nehru Port Trust (JNPT) to impose new fees on shipments moving via Gateway Terminals, an APM Terminals facility in the country’s largest state-owned container port.

The port authority planned to start levying charges of 94.42 rupees (about USD 1.50) per 20-foot container and 188.84 rupees (about USD 3.00) per 40-foot container to offset costs incurred for infrastructure development outside the “licensed” area, particularly for road maintenance and construction.

TAMP said in its order, “Given the position that the expenditure relating to repairs an...

Ministry of Shipping gets charge of ship breaking sector 08 August 2014

In order to attract more vessels to Indian ship breaking yards, including the world’s largest at Alang in Gujarat, and for better marketing at international shipping fora, the Ministry of Shipping has decided to bring the ship breaking sector under its wings from the Steel Ministry.

Under the 15 major projects taken up under the Ministry’s comprehensive action plan, it had constituted an inter-ministerial ship breaking scrap committee.

The Ministry would be seeking help from the Japan International Cooperation Agency to upgrade the existing infrastructure at Alang. Besides, steps would be taken to modernise the Darukhana ship breaking facility at Mumba...

Visakhapatnam port intervenes as vessel crew enters harbour 07 August 2014

Amid high drama, Visakhapatnam port authorities rescued the master of a bulk carrier after its officers and crew attacked him on Monday.

The reason for the ‘attack’ was not immediately known. Sources in the port and shipping industry said the incident occurred when Jala Vahini came close to the turning circle.

“For sometime we had anxious moments as there was danger to the life of the master of Jala Vahini. Later we intervened and gave temporary permission to berth the ship in OB-1.

The ship had come here from Colombo to load steel,” a port official said on condition of anonymity.

He denied detaining the ship or arrest...

CII Delegation to visit Port of Antwerp and Rotterdam 07 August 2014

CII Western Region Sub-Committee on Logistics is taking a “Knowledge Sharing and Business Mission” to the Ports of Antwerp and Rotterdam from 7th - 11th September 2014.

The Ports of Antwerp and Rotterdam are chosen as these Ports provide a perfect gateway to Europe. These Ports are the biggest industrial and logistics hub in the European continent. Their excellent hinterland connectivity with high quality rail, road, barges and pipes network attracts manufacturers from across the globe.

These ports are equipped with the state of the art machineries and storage systems, hence ensuring swift and efficient cargo handling.

On this backdrop the c...

New Mangalore Port to stop handling coal manually in 3 years 07 August 2014

Port chairman P.C. Parida said, In about 3 years, there would be no manual handling of coal at the New Mangalore Port Trust (NMPT) here as the port management is in the process of mechanising unloading and loading activities.

Addressing members of the Kanara Chamber of Commerce and Industry here on Wednesday, Parida said that complete mechanisation is one of the several developmental works being taken up.

He said that NMPT is committed to ensuring cleaner and greener environment.

He said that 2 new berths, berth nos. 18 and 19, would be in place, the first by this month-end and the latter a year after. The trust is also planning to deepen the draft of t...

Foodgrains for Tripura reach Ashuganj port 06 August 2014

A minister here said that the first consignment of food grains for landlocked northeast India’s Tripura state has reached the Ashuganj river port.

He said that in the next two days, the consignment will enter the state through the Akhaura integrated check post (ICP) by road.

Tripura is now bringing in 10000 MT of foodgrains through the Chittagong-Ashuganj route per month.

If this works, it may soon request Bangladesh for allowing it to bring in 35000 MT of foodgrains through this route.

Tripura’s food and civil supply minister Bhanulal Saha said that “We have received the news that the first consignment of 5000 MT of rice re...

Vessel exposes vulnerability of Visakhapatnam harbour 06 August 2014

A major disaster was averted when a Chennai-based private ship M.V. Jala Vahini tried to forcibly enter Visakhapatnam Port on Monday.

If the pilot of Visakhapatnam Port Trust (VPT) had not intervened and taken the helm of the ship it would have rammed into the terminal.

Setting aside speculative reports on what led to the situation, the incident has exposed the vulnerability of the Visakhapatnam harbour. Questions are being raised on how the shipl sailed up to the mouth of the harbour without being questioned.

Any incident like ramming into the oil and gas terminal or running aground would have spelt major disaster both for VPT and Eastern Naval Command...

APSEZ Q1 profit up 36% on higher cargo 06 August 2014

Adani Ports and Special Economic Zone (APSEZ) reported a consolidated profit of INR 568 crore for the quarter ended June, compared with INR 417.50 crore during the same quarter previous year, helped by a strong cargo volume growth.

Analysts, on an average, were expecting earnings of INR 512.7 crore on revenue of INR 1250 crore.

Net sales for the quarter fell 14% to INR 1261.6 crore.

"We had a robust quarter with growth of all major cargo categories and we continue to maintain our EBIDTA margins at a high level of 70% in our port business," wrote Sudipta Bhattacharya, Chief Executive Officer (CEO) at Adani Ports.

However, on standalo...

Dredging and CISF security sought at all private ports 06 August 2014

Representatives of five federations of port and dock workers have sought government funding for dredging and CISF security at all private ports.

At a meeting here on Tuesday, the unions said, while major ports were spending huge amount on CISF security, the private ports were cutting down their expenditure by engaging their own security.

Expressing concern over the impact of containerisation and computerisation on manpower requirement, the unions said there should be manpower budget for every 2 to 3 years in each major port.

...

Kolkata Port gets great response for onshore dry bulk cargo handling tender 06 August 2014

Kolkata Port Trust (KoPT) said that the pre-bid tender meeting of KoPT has got tremendous response on the tender floated to select onshore dry bulk cargo handling agents for Haldia Dock.

A KoPT spokesman said that "Representatives of 17 companies and the major handling agent group currently engaged at Haldia had attended the pre-bid meeting with port officials on the tender for selecting onshore dry bulk cargo handling agent.”

KoPT, which took the initiative after the Centre directed the port to select handling agent for dry bulk through tendering process along with revenue sharing following allegations that a few agents had caused loss running into tho...

Chennai-based ship Jala Vahini tries to forcibly enter Visakhapatnam port 06 August 2014

A major accident was averted at the Visakhapatnam port when a Chennai-based private ship Jala Vahini tried to forcibly enter the port on Monday.

The port authorities intervened and prevented the ship from crashing into the terminal.

The incident exposes the vulnerability of the port and questions are being raised on how the ship could have sailed up to the mouth of the harbour without any interception.

Had the ship crashed into the oil terminal or run aground, it would have blocked the entry and exit of ships. Fortunately, there was no oil or LPG tanker berthed at the offshore terminal at that time.

Usually, vessels that are chartered by ship...

Visakhapatnam port intervenes as ship crew revolt 05 August 2014

Amid high drama, Visakhapatnam port authorities rescued the master of a bulk carrier after its officers and crew attacked him on Monday.

The reason for the ‘mutiny’ was not immediately known. Sources in the port and shipping industry said the incident occurred when Jala Vahini came close to the turning circle.

“For sometime we had anxious moments as there was danger to the life of the master of Jala Vahini. Later we intervened and gave temporary permission to berth the ship in OB-1.

The ship had come here from Colombo to load steel,” a port official said on condition of anonymity. He denied detaining the ship or arresting anyone....

Cargo handling capacity at Major Ports to be increased to 1.6 billion tonnes in 5 years 04 August 2014

The Minister of Shipping, Road Transport and Highways, Nitin Gadkari, has said that the government has an ambitious plan to enhance overall cargo handling capacity at the country’s 12 Major Ports from the current 800 million tonnes (mt) to a massive 1.6 billion tonnes over the next five years, for which an action plan has already been drawn up.

The Minister said that "The 12 Major Ports have already drawn up an action plan for an additional capacity of 500 mt, with projects of 350 mt due to commence during this fiscal year (2014-15).”

Gadkari said that the government had earmarked a total of 72 projects for the sector under public-private partners...

KoPT tender on onshore handling awaits court directions 04 August 2014

A tender floated by the Kolkata Port Trust (KoPT) for selecting onshore dry bulk cargo handling agents for Haldia Port appears to have sailed into rough weather after a few of its existing agents went to court.

KoPT sources said that "Four of the existing agents of the port have gone to the Kolkata High Court (HC) against the tender and the matter is now subjudice. We will have to wait for court directions before we can go ahead. In this situation, we are yet to see interest from any bidder.”

Officials said the tender was floated in the third week of July to select an agent. KoPT took the initiative after the government had asked the port to select hand...

JNPT to launch INR 1,000 cr port-SEZ this month 04 August 2014

A top port official said that Jawaharlal Nehru Port Trust (JNPT), India’s busiest container gateway near Mumbai, will launch its port-based special economic zone (SEZ) project by the third week of this month with an investment of INR 1,000 crore.

N.N. Kumar, chairman of JNPT, said that “This port-based SEZ would be developed over an area of 277 hectares. We have secured all necessary approvals, including environment nod, from the government.”

The SEZ will compete with private firm Adani Ports and SEZ Limited located near Mundra Port spread over 6,473 hectares.

SEZs are industrial enclaves, deemed foreign territories from the perspectiv...

TN govt. aims at INR 15K cr investments in development of minor ports 04 August 2014

The Tamil Nadu government expects to attract investments worth INR 15,000 crore in the next 10 years by way of a policy for the progress of minor ports and for improving port infrastructure in the state. The policy is part of the state's Vision 2023.

The investment would raise cargo throughput from the non-major ports to about 150 million tonnes (mt) in the next 10 years.

To achieve this, the Tamil Nadu Maritime Board would invite proposals to promote non-major ports either through private investment or in public private participation (PPP).

The policy note on ports mentioned the state was in the process of developing a greenfield port at Nagapattin...

Kamarajar port plans SEZ near Ennore 04 August 2014

Kamarajar port is to appoint a consultant in a month’s time to fine-tune its plan to set up a Special Economic Zone (SEZ) near the port in order to utilise the 650 acres of land acquired from the Salt Department.

The study would be over within three months duration, said Kamarajar port chairman and managing director M.A. Bhaskarachar .

He added that “We are looking at accommodating port-based industries in the SEZ. Six companies have so far shown interest in setting up business near the port.”

He further said that a tender would be floated after the study is completed. According to him, the SEZ could have manufacturing and value additi...

Pipavav Port plans to spend USD 100 mn for expanding container handling capacity 04 August 2014

Pipavav Port is planning to invest USD 100 million (over INR 600 crore) over the next two years to ramp up its container handling capacity by over 50%.

The port, now led by Maersk Group’s APM Terminals, has already tied up USD 70 million in external borrowings for the same, while the rest will come from internal accruals.

Gujarat Pipavav Port Managing Director, Prakash Tulsiani said that “We see good demand on container traffic and are already operating at 85% capacity. We will be expanding our capacity to 13 lakh Twenty Foot Equivalent Unit (TEU) (standard units) from 8.5 lakh TEU now.”

The expansion work involves replacing a crane wi...

PPP port projects worth INR 30,221 crore under implementation 03 August 2014

The government today said 44 projects worth INR 30,221 crore are under implementation under public-private-partnership (PPP) mode in the ports sector.

"Forty-four projects worth INR 30,220.78 crore are at different stages of completion" under PPP mode in the ports sector, Minister of State for Shipping Krishanpal Gurjar told Lok Sabha in a written reply.

The government had taken a total of 72 projects for the sector under PPP mode and of these 28 projects of INR 8,945.86 crore have completed, he said.

India has 12 major ports - Kandla, Mumbai, JNPT, Marmugao, New Mangalore, Cochin, Chennai, Ennore, V O Chidambarnar, Visakhapatnam, Paradip and ...

Big push for inland waterways 03 August 2014

The Modi government will give a decisive push to make the Ganga-Hooghly waterway navigable for freight movement by vying for a World Bank loan of up to USD 1 billion or about INR 6,000 crore.

Developing inland waterways is a key agenda for the National Democratic Alliance government as it attempts to decongest communication bottlenecks and open up options for high volume freight.

The coming week is likely to see discussions between senior officials of the World Bank and Inland Waterway Authority officials on determining the exact loan amount for constructing two barrages on the Ganga-Hooghly river.

These barrages will be part of the government’s r...

Container vehicle drivers strike ends 03 August 2014

The strike by container vehicle drivers in Tuticorin ended after four days following the authorities concerned agreeing to fulfil their demands.

Transportation of containerised cargo would resume on Saturday night, M. Ganesh, State president, Tamil Nadu Road Transport Drivers and Helpers Welfare Union, which is affiliated to All India Central Council of Trade Unions (AICCTU), said here on Saturday evening.

After thanking the authorities, he said official letters from the PSA SICAL Container Terminal and V.O. Chidambaranar Port Trust, Tuticorin, came as a relief for the drivers who were distressed over lack of basic facilities in the terminal where they said loadin...

MPT deputy chief to hold charge as chairman 02 August 2014

Mormugao Port Trust (MPT) deputy chairman Cyril George will hold additional charge as chairman, consequent to the repatriation of P Mara Pandiyan as additional chief secretary, government of Kerala, through an order issued by the Union ministry of shipping.

George was appointed as deputy chairman of MPT in March this year.

Prior to joining MPT, the senior port official was the secretary of the Cochin Port Trust (ChPT) for 11 years. He was deputy secretary of Kandla Port Trust (KPT), deputy chairman of Kandla Dock Labour Board, before moving to Cochin Port Trust as secretary in 2003.

It has been seven decades since the Jesuits began running St Britto Hig...

India has plans to double port cargo capacity 01 August 2014

The government is working on plans to augment overall tonnage capacity at major ports from the current 800 million tonnes (mt) to 1.6 billion tonnes over the next five years, said Indian Shipping Minister Nitin Gadkari .

The announcement came after the minister held a meeting with senior officials of all major port authorities in New Delhi to review progress of ongoing capacity expansion projects and identity priority areas. The new government led by Narendra Modi is trying to accelerate infrastructure development through private investments.

Gadhkari said that “The 12 major ports have already drawn up an action plan for capacity addition of 500 mt, of which...

CSL not to take up ship repairs in Chennai 01 August 2014

Cochin Shipyard Limited (CSL) is learnt to have decided not to pursue a project for development of a ship-repair facility and dry-dock on the Chennai Port’s premises.

The Director Board of the public sector yard, which met here recently, took the call to pull out of the INR 250-crore project as it is “financially and logistically unviable”.

However, the CSL is going ahead with its plans to put up a similar ship-repair facility, full with ship-lift and six repair berths, on the Cochin Port Trust (ChPT) premises at an estimated cost of INR 487 crore.

Sources said that CSL conducted a techno-commercial feasibility study of the project thr...

Mumbai Port berths large tanker 01 August 2014

The Shipping Corporation of India’s (SCI) tanker M.T. Maharaja Agrasen docked at Mumbai Port’s No. 4 Jawahar Dweep oil terminal on July 30.

At 12.5 meters draught, it was the first time such a ship had berthed at the Port.

The calling of the ships will help oil companies bring in more crude oil.

...

Scanner for Cochin port sanctioned after 3 years 01 August 2014

It took the expenditure department three years to sanction a scanner for the strategically important Cochin port, said a senior official of the revenue department, ruling that bureaucratic hurdles have put national security at stake.

The official said that “It is only after three years of consistent demand that we have got cleared three scanners for Cochin, Mundhra and Navsheva ports. Now, tenders will be invited, preparation of site will be done to install the scanners. This will easily take one more year.”

The Cochin port is one of the largest ports in India and it handles close to 70% of India’s crude oil movement. It is the major port on the ...

Indo-Bangla trial coastal shipping from mid October 31 July 2014

India and Bangladesh are likely to launch coastal shipping from mid October this year, a top Indian shipping official said.

An agreement has already been made between the two friendly neighbours to open up sea routes in order to further improve the bilateral trade.

Director-General of Shipping Gautam Chatterjee disclosed at a recent seminar that at a recent ministerial meeting in Dhaka, the shipping arrangements were almost finalized and the trial run may start as early as October this year.

Bangladesh officials had asked Indian officials to get IRS to inspect the vessels to meet the vessel standard protocol and according to them there are some 20 vesse...

ChPT to revive outer harbour project 31 July 2014

Chennai Port Trust (ChPT) has decided to revive three major projects.

First in the agenda is the revival of ‘outer harbour project’. A proposal to this effect will be placed at its board of trustees meeting scheduled for August 6.

Known as mega container terminal, the INR 3,686-crore project was deferred thrice in the last four years due to reasons such as poor response and low revenue share offered by the bidders. The delay resulted in the project cost escalating to INR 5,090 crore. To make the project attractive, ChPT renamed the project as outer harbour project that would handle different types of commodities.

“In the first two roun...

KPL organises interactive session on automobile exports 30 July 2014

Kamarajar Port Limited (erstwhile Ennore Port Limited) organized an interactive session with automobile manufacturers (OEM)/exporters and importers here on July 25.

Kamarajar Port is a pioneer in handling automobile cargo in the east coast of India. The major exporters using the Port as their hub are Nissan, Ford, Toyota, Honda, Ashok Leyland and Daimler.

The Port is equipped to handle bulk cargo, mainly coal, project cargo and automobiles in RoRo mode. It has a dedicated general cargo berth for handling automobiles in RoRo mode and parking yard having capacity to store 10,000 cars.

Upon commissioning of the general cargo berth so far, a total of 543,97...

Cochin Shipyard not to take up project in Chennai 30 July 2014

Cochin Shipyard Limited (CSL) is learnt to have decided not to pursue a project for development of a ship-repair facility and dry-dock on the Chennai port’s premises.

The director board of the public sector yard, which met here recently, took the call to pull out of the Rs.250-crore project as it is “financially and logistically unviable”.

However, the CSL is going ahead with its plans to put up a similar ship-repair facility, full with ship-lift and six repair berths, on the Cochin Port Trust (ChPT) premises at an estimated cost of INR 487 crore.

The Union Shipping Ministry nudged CSL to show interest in the project after a bid by the...

AP govt. gives approval for LNG terminal at Gangavaram Port 29 July 2014

The Andhra Pradesh (AP) Government has given its approval for setting up an LNG Terminal by Petronet LNG Limited at Gangavaram Port on the East Coast near Visakhapatnam.

However, it has refused Gangavaram Port’s proposal to collect waterfront charges at the rate of INR 103.68 per tonne of LNG cargo handled from Petronet.

Petronet is a joint venture set up by GAIL (India) Limited, ONGC, Indian Oil Corporation Limited and Bharat Petroleum Corporation Limited to import LNG and set up LNG terminals in the country with an authorised capital of INR 1,200 crore (USD 240 million).

Gangavaram Port Limited along with PLL has proposed to construct and operat...

Indiaís 12 Major ports to double cargo handling capacity in next 5 years 29 July 2014

India's 12 major ports will double their cargo handling capacity to 1,600 million tonnes per annum (MTPA) in the next 5 years, said Union Shipping Minister Nitin Gadkari.

Gadkari said in an official release, "India plans to double the ports' capacity from the current 800 mt to 1,600 over the next 5 years.”

Gadkari was speaking at a review meeting on the port sector attended by chiefs of all the 12 state-run major ports.

The major ports have already drawn up action plan for a capacity addition of 500 MTPA, of which projects to the tune of 350 MTPA are slated to commence during this financial year itself, he said.

The private...

Mumbai Port Trust celebrates International Mangrove Day 29 July 2014

Mumbai Port Trust (MbPT), the Department of Forests, Government of Maharashtra and Hindustan Petroleum Corporation Limited jointly took the initiative to plant mangroves along the eastern coast of Mumbai at Sewri on July 26 on the occasion of International Mangrove Day.

The aim was to spread awareness about the importance of mangroves and its role in prevention of coastal erosion and sustaining the marine ecosystem.

The plantation was carried out by N. Vasudevan, IFS, Chief Conservator of Forests, D. Nayak, Traffic Manager, MbPT, Capt. A. W. Karkare, Harbour Master, MbPT, Mr Rambabu, General Manager, Operations, HPCL, Tamankar and Mr Chattopadhyay, Deputy General ...

APSEZ plans expansion in India and abroad, may consider tie-ups 29 July 2014

Adani Ports and Special Economic Zone (APSEZ) is eyeing opportunities to acquire or set up a port on the south-east coast of India, as it prepares for the next phase of expansion, its chief executive Sudipta Bhattacharya said.

The Gautam Adani-led company also wants to expand presence overseas, and may consider partnering with another company for the foray.

Bhattacharya said that "We are looking at national as well as international opportunities. Both are on the cards. We are by far the largest growth company in the country and it is natural that we will look for opportunities elsewhere too.”

Adani Ports, whose market value doubled in the las...

ChPT looks to handle met coke to boost cargo volume 29 July 2014

According to port sources, Chennai Port Trust (ChPT) plans to handle metallurgical coke and petroleum coke to make up for the loss of dusty cargo like coal and iron ore. The new cargo will be handled on a trial basis for 6 months.

Unlike coal and iron ore, met coke being lumpy does not generate so much dust. However, the port will handle the cargo with stringent environment measures.

Sources said that the Tamil Nadu Pollution Board has been informed about this, and technical and legal opinion have been sought on handling of the cargo.

The port handled different types of coal since 1990 with the peak volume of 9.85 million tonnes (MT) in 2008-09 for vari...

Bangladesh 1st time allows FCI to use its port for Tripura 28 July 2014

A senior official said that for the first time a Food Corporations of India (FCI) consignment will enter Tripura using Ashuganj river port of Bangladesh.

Chief Secretary S K Panda said, about 5000 tonnes of foodgrains, dispatched by the FCI from Kakinada port in Andhra Paradesh, has reached Ashuganj river port in Bangladesh for entry into Tripura.

Panda said that "FCI officials informed that the consignment of foodgrains have reached Ashuganj port. Unloading of the foodgrains and transportation by trucks for Tripura would be started after the Eid festival on Tuesday.”

The consignment had earlier reached Kolkata from where it was brought to th...

GPL Net profit jumps 2 fold to INR 805 million in Q2 28 July 2014

Gujarat Pipavav Port Limited (APM Terminals Pipavav), one of western India's fastest growing gateway ports, reported its Q2CY14 results.

The company’s Net profit rose to INR 805 million as against INR 352 million in the corresponding quarter last year. Operating income for the second quarter ended 30th June 2014 stood at INR 1,683 million as against INR 1,220 million for the corresponding quarter last year.

Earnings before interest, taxes, depreciation and amortization (EBIDTA) for the quarter was at INR 989 million.

Commenting on the quarterly results APM Terminals Pipavav Managing Director, Mr. Prakash Tulsiani said “The operational ef...

Cochin Shipyard not to take up ship repairs in Chennai 28 July 2014

Cochin Shipyard Limited (CSL) is learnt to have decided not to pursue a project for development of a ship-repair facility and dry-dock on the Chennai port’s premises.

The director board of the public sector yard, which met here recently, took the call to pull out of the INR 250-crore project as it is “financially and logistically unviable”.

However, the CSL is going ahead with its plans to put up a similar ship-repair facility, full with ship-lift and six repair berths, on the Cochin Port Trust (ChPT) premises at an estimated cost of INR 487 crore.

Sources said that CSL conducted a techno-commercial feasibility study of the project thr...

ChPT for industrial valuation of land 27 July 2014

The Chennai Port Trust (ChPT) has asked a group of professional valuers to determine the value of its land, commercial building and covered space for storage in and around the port premises for industrial valuation.

ChPT has 587 acres inside the port premises and over 100 acres in the neighbourhood.

The valuation is being done to revise lease rentals of ChPT estate for land and premises.

...

KPL draws up expansion plan 26 July 2014

Kamarajar Port Limited (KPL), formerly Ennore Port, has chalked out a INR 20-crore expansion plan to facilitate increased export of cars.

As a new entrant, KPL is facing competition from the Chennai Port Trust, which exports about 3 lakh cars annually against 2.02 lakh units by KPL.

The port was developing a 58,500 square metre car parking yard adjacent to the existing one to accommodate 4,000 cars, said KPL Chairman-cum-Managing Director M. A. Bhaskarachar.

Bhaskarachar said that the work order would be issued next month, and the yard would be ready within 15 months. On completion, 17,000 cars can be parked at any given time.

KPL handled 39,...

Committee working on streamlining cargo handling operations at Indian Major Ports 25 July 2014

At a time when a 6 member committee constituted under the Indian Ports Association (IPA) and headed by the Chairman of Cochin Port, Paul Antony, is working towards finding a solution to the alleged cargo handling irregularities at the country’s Major Ports, the Kolkata Port Trust (KoPT), on the instruction of the Shipping Ministry, has come forward with a suggestion to fix a minimum royalty of 10.5% on a proposed ceiling rate approved by the Tariff Authority for Major Ports (TAMP).

The committee said that the ceiling on the handling fee for dry bulk cargo was INR 119.48 a tonne which could be levied by all the Major Ports.

There was a complaint that the priv...

GMBís roadshow on investment opportunities today 25 July 2014

Gujarat Maritime Board (GMB) is organizing a road show on investment opportunities in the Gujarat maritime sector here on Friday (July 25). Following tremendous response from the trade, registration is now closed.

The event will highlight a plethora of opportunities for investment in varied segments of the vibrant port and maritime sector in the state.

Some of these are maritime cluster; development of new jetties and Greenfield ports; mechanization of ports; bunkering terminals; development of maritime cities/SEZs; vessel repair docks; marine shipbuilding parks; coastal shipping and IWT operations; and maritime education.

Besides GMB officials, includi...

EPL profit down 9.15% in June quarter 24 July 2014

Essar Ports Limited (EPL) reported a 9.15% decline in net profit for the quarter ended 30 June, owing to a slowdown in volumes and high operating expenses.

The Essar Group-controlled company posted a net profit of INR 92.15 crore, compared to INR 101.44 crore a year ago. Revenue grew by 2.10% to INR 407.43 crore from INR 399.03 crore a year ago.

Depreciation and amortization expenses rose by 9.12% to INR 74.78 crore for the quarter compared to a year ago.

The company said in a statement, Earnings before interest, tax, depreciation and amortization (Ebitda), an indicator of operating profitability, increased sequentially by 5% to INR 346.8 crore from INR...

Trial run for Indo-Bangla coastal shipping in Oct 24 July 2014

As reported earlier in these pages, India and Bangladesh have been working towards an agreement and setting up of Standard Operating Procedures for undertaking coastal shipping between the ports of Bangladesh and the eastern ports of India.

Discussions were being held through diplomatic channels over the previous 2 years to formalize the coastal shipping arrangements.

A trial run is likely to be undertaken by October this year, informed a Ministry of Shipping release.

At a meeting last month, the two countries agreed to confirm to standards of River Sea Vessels (RSV)-4 for the ships operating on the coastal routes between the two countries. Besides, Ind...

IWAI inks MoU to expand NW-5 for cargo movement 24 July 2014

Inland Waterways Authority of India (IWAI) has signed a Memorandum of Understanding (MoU) with the government of Odisha and the ports of Paradip and Dhamra for the development and maintenance of viable stretches of National Waterways-5, of about 332 kilometer (km), in two phases.

In the first phase, the stretch between Jokadia to Dhamra and Paradip Port will be developed for the purpose of shipping and navigation of cargo ships of about 1,500 tonnes, with the required infrastructure and navigation aids. In the second phase, the stretch between Talcher and Jokadia, of about 131 km, is scheduled to be developed.

IWAI is tasked with preparing the project proposal for...

Gangavaram port may get 5 mtpa LNG project 24 July 2014

The Andhra Pradesh Chief Minister, N. Chandrababu Naidu, said, Gangavaram port, near Visakhapatnam, may get a 5 million tonnes per annum (mtpa) liquefied natural gas (LNG) project, with capacity to increase it up to 10 mtpa. The state Cabinet has approved the project.

Naidu said that "The project is expected to generate INR 3,085 crore through VAT for the state and also pave way for creation of many downstream industries. While the project will take about four years to commission, we have called upon the developers to expedite it and complete it within three years.”

Speaking to media persons, the Chief Minister also disclosed that the state government h...

Govt. has plans to set up 8 small ports in Kerala 24 July 2014

Chief Minister (CM) Oommen Chandy said that the Government has plans to establish 8 small ports along the Kerala coast.

In an interaction with Kerala University’s MBA students Chandy said bringing in sudden changes in government policies when a new government assumes office would negatively affect the state’s interests.

Water transport is one of the major initiatives under the Navaratna projects of Mission 676 of the government, said The CM. He said that the state has been promoting water transport-related ventures.

He added that tha Kollam - Kottapuram national waterway would be commissioned this year itself.

Chandy said that Non...

Bahri gets over first ship from Vela Fleet 24 July 2014

The National Shipping Company of Saudi Arabia (Bahri) announced that it has concluded the first phase of the process of merging the Vela fleet and operations with Bahri.

Matar Star the first of the VLCC ships in the Vela fleet was transferred to Bahri’s ownership on July 21, 2014 and her name was changed to Nisalah.

Bahri said in a release, “This marks a milestone in the transaction to merge the Vela fleet and operations with Bahri as it signifies the effective date of the long-term contract of affreightment, whereby Bahri becomes the exclusive carrier of all Aramco VLCC sized Crude Oil cargos sold on a Delivered Basis.”

Bahri added th...

CBI starts probe into port scam 24 July 2014

The CBI has started a preliminary enquiry into the scam related to alleged irregularities in the operations of Kolkata Port Trust (KoPT), which has caused an estimated loss of thousands of crores of rupees to the exchequer.

Highly placed sources said the agency is looking into allegations that senior officials of the port allowed a private agent to handle onshore operations at Haldia dock for years without any revenue-sharing mechanism, causing the losses.

The CBI started the inquiry last week against unnamed persons.

The sources added the names of some influential people might surface during the inquiry as handling of onshore activities in ports is a h...

Going slow continues to hit cargo movement in Chennai ports 24 July 2014

According to cargo handlers, extended delay in Customs clearance of cargo at Chennai air and sea ports could lead to diversion of cargo to other ports and loss of business for the trade.

The delay is attributed to a 40% shortage of staff in Customs personnel who are also ‘going slow’ in processing documents.

While the staff shortage is a chronic issue that has been taken up repeatedly by the trade to no avail, the go-slow in recent months was sparked, according to representatives of Chennai Customs Agents, Steamer Agents and chambers of commerce, by enquiries by the Central Bureau of Investigation into the working of Customs authorities.

Acc...

Cargo throughput up at Kochi Port 23 July 2014

Cargo throughput at Kochi port moved up marginally during the April-June 2014 period compared to the same quarter previous year.

Cargo movement through Kochi went up 4.44% and stood at 55,08,000 tonnes during the first three months of the current year compared to the 52,74,000 tonnes during the first quarter of 2013, according to figures from the Indian Ports Association (IPA).

The IPA figures said that Kochi is among the major ports in the country that has shown improvement in business during the period though neighbouring New Mangalore port has only shown a cargo growth of 0.18%.

Among the ports, Mormugao has shown substantial increase in business wit...

KPT gets coveted quality award 23 July 2014

Kandla Port Trust (KPT) was a prominent winner at the Quality Mark Awards 2014, organised by Quality Mark Trust. It was adjudged the best for its quality services in the ports and shipping category.

KPT’s Sanjay Bhaty received the award trophy and certificate on behalf of the Port from A. S. Kirankumar, Director of Space Application Centre (SAC), and A. K. Jain, Advisory Director of Quality Council of India (QCI), at a gala function held in Ahmedabad recently. This award is considered an indicator of the quality of the organisation in its products/services provided to customers.

The function had Saurabh Patel, a senior Minister in the Gujarat government, as ...

Kolkata port eyes royalty floor for cargo handling 23 July 2014

A 6-member committee headed by the chairman of the Kochi port, Paul Antony, is likely to recommend regulation of shore handling operations at major ports but Kolkata has come up with its own solution for handling agents for dry bulk cargo.

The board of the Kolkata port has suggested a minimum royalty of 10.5% on a proposed ceiling rate approved by the Tariff Authority for Major Ports (TAMP), the regulator for the 13 ports that are under the administrative control of the shipping ministry.

The ceiling on the handling fee for dry bulk cargo has been fixed at INR 119.48 a tonne. The fee could be levied by all the major ports, the committee has recommended.

...

Kollam and Tuticorin ports plan tie-up 21 July 2014

Crucial talks pertaining to the realization of the much awaited tie-up between the Kollam and V.O. Chidambaranar (Tuticorin) ports will be held at the Cashew Export Promotion Council of India office complex here on Monday.

Minister of Ports K. Babu and P.K. Gurudasan, Member of Legislative Assembly (MLA), will attend the talks.

The talks will be between officials of the Tuticorin Port represented by traffic managers, officials of the State’s Ports Department, Tuticorin-based steamer agents and Kollam-based cashew industrialists.

...

Govt. to issue lifetime licence to domestic vessels 21 July 2014

The government has said that lifetime licences will be issued to domestic ships or any ship charted by an Indian or a local company instead of such licences being renewed each year.

According to an official statement, "The Ministry of Shipping has decided that lifetime licences will be issued to Indian ships and any other ship charted by an Indian citizen or an Indian company instead of such licences being renewed every year.”

The government provides for all the 5 Registrars of Ships at Mumbai, Chennai, Kolkata, Goa and Cochin to issue such licences under the provisions of the Merchant Shipping Act, 1958.

The statement said that such licences...

Adani Group seeks shareholders approval to raise INR 16,000 cr 21 July 2014

The Adani Group is seeking shareholder approval to raise INR 16,000 crore between the three group firms, Adani Enterprises, Adani Power and Adani Ports and Special Economic Zone (APSEZ), through specified financial instruments in the foreign or domestic market.

The firms are seeking the funds to infuse additional capital by tapping capital markets.

They need additional long term resources “if necessary in order to sustain rapid growth in the business, for expansion and to improve the financial leveraging strength of the company,” they also said.

Adani Enterprises, the flagship company of the Group, is planning to raise INR 6,000 crore while ...

IWAI may begin work soon on INR 2k cr waterway project 21 July 2014

In a bid to boost cargo traffic through rivers, a government body engaged in promoting waterways is likely to start work on a INR 2,000 crore project to develop stretches of 332 kilometer (km) in 2 phases.

An official source said that "Inland Waterways Authority of India (IWAI) has signed a pact with the government of Odisha, Paradip and Dhamra Ports for the development and maintenance of viable stretches of National Waterways-5 of about 332 km in two phases.”

He added that "IWAI is likely to start work on the about INR 2,000 crore soon and would complete it by 2017.”

In the first phase, the stretch between Jokadia to Dhamra and Pa...

KoPT plans floating tender for dry cargo handlers for Haldia Port 21 July 2014

Kolkata Port Trust (KoPT) plans to float a tender tomorrow for selecting onshore dry bulk cargo handling agents for Haldia Port.

Kolkata Port Trust (KoPT) Chairman R P S Kahlon said, "We will be among the first major ports in India to implement dry bulk handlers through competitive bidding along with revenue sharing in dry bulk berths for Haldia. We plan to float the tender on Monday.”

KoPT sources said, he Centre might examine Haldia's case before it asks all 12 major ports to follow suit.

Kahlon said that for bidders, the upper ceiling of charge has been fixed at INR 119.48 and minimum revenue sharing of INR 13 per tonne.

Kah...

Undertaking Coastal shipping between India & Bangladesh on the cards 21 July 2014

India and Bangladesh are working towards a contract and setting up of Standard Operating Procedures for undertaking coastal shipping between Bangladeshi ports and those on the east coast of India.

In this connection, India has agreed to assist Bangladesh, through the Indian Register of Shipping (IRS), in the classification of Bangladeshi ships.

Both countries have also reportedly agreed to buy insurance cover for a limit of USD 10 million from domestic insurance firms.

Sources said that discussions have been taking place over the previous 2 years between the 2 countries to formalize coastal shipping arrangements. A trial run is likely by October.

...

Singapore delegation visits Visakhapatnam Port 21 July 2014

A high-level delegation from Singapore visited the Visakhapatnam Port and held talks with its Chairman M.T. Krishna Babu to explore business opportunities.

The team comprising International Enterprise Singapore (formerly Trade Development Board) under Ministry of Trade and Industry (Singapore) Centre Director Indra Suppiah, Regional Director in India based in New Delhi Benjamin Yap and Timothy Sun from the headquarters in Singapore visited various facilities at the port. IE Singapore is the Government agency of Singapore spearheading its external business.

Krishna Babu gave a presentation and briefed the team on existing infrastructure and the plans to mechanise t...

CSL pulls out of Chennai project 21 July 2014

According to sources, Cochin Shipyard Limited (CSL) has pulled out of a project to develop a dry dock and ship repair facility at the Chennai port as it was not financially viable.

State-owned CSL had applied for the INR 250-crore project with the private sector not participating in the bid.

In the pre-bid meeting early this year, CSL and one private player, Tebma Shipyards, had participated. But even CSL, which has the largest shipbuilding and maintenance facility in India, did not submit a bid, but put in an application after the tender process was over.

The company carried out a techno-commercial study, and a consultant, Kitco, also made a site visit...

Coal from Indonesia reaches Kakinada port 20 July 2014

M.V. Grace One, modern Japanese built Panamax bulk carrier vessel belonged to the Visakhapatnam-based Sarawagi Group, reached the Kakinada Port here on Saturday with a load of about 70,000 metric tonnes of coal that was shipped from Indonesia.

Since it was the maiden visit of the ship to the east coast, the group celebrated a function with the ship’s crew, officials of the Sarawagi, Kakianda Seaports Limited, Anchorage Port and the GMR Power, to whom the coal consignment belonged to.

...

SCI dont see industry recovering for the next 2 years 19 July 2014

Shipping Corporation of India (SCI) does not forseee any recovery of the freight industry over the next 2 years.

"Don't see industry recovering for the next 2 years. The supply-demand mismatch continues," SCI Chairman and Managing Director A K Gupta said on the sidelines of Calcutta Freight Brokers Association meet.

He said the fundamentals haven't changed though there was some spike in December-January but "look at today's Baltic Dry Index, which is at abysmally low level of 736."

"We are concerned with recovery of Chinese economy. If its GDP recovers from 7% to 10%, the global shipping industry will recover. But we...

CSL delivers FPV for Coast Guard 19 July 2014

Cochin Shipyard Limited (CSL) delivered today the seventh of the series of 20 Fast Patrol Vessels (FPV) being built for the Indian Coast Guard.

With this, the yard has created a record of delivering 9 ships in 9 months at a pace of an average of one vessel a month. The ships delivered consisted of 7 FPV for the Indian Coast Guard and two Platform Supply Ships for international Owners.

A release said that the yard delivered the previous ship (ICGS Agrim) to Coast Guard on May 30. The company has delivered now the next ship within a span of one and a half months as compared to the contractual requirement of delivery every three months. The Coast Guard has expressed ...

Visakhapatnam port likely to drop plans to set up satellite port at Bhimunipatnam 19 July 2014

Visakhapatnam port is likely to drop the proposal to construct a satellite port at Bhimunipatnam, about 25 kilometer (km) from here.

The move comes in the wake of a non-feasibility report given by consulting company Aecom. It was proposed to develop a satellite port in Public-Private Partnership (PPP) at Bhimili to reduce cargo congestion at Visakhapatnam port .

Apart from constructing 4-5 berths, including break waters with a handling capacity of about 20 million tonnes (mt) a year, it was also proposed to shift the existing fishing harbour from Visakhapatnam port to Bhimili.

Aecom, which was appointed by the port to prepare a feasibility report, state...

Singapore delegation visits Visakhapatnam Port 18 July 2014

A high-level delegation from Singapore visited the Visakhapatnam Port and held talks with its Chairman M.T. Krishna Babu on Thursday to explore business opportunities.

The team comprising International Enterprise Singapore (formerly Trade Development Board) under Ministry of Trade and Industry (Singapore) Centre Director Indra Suppiah, Regional Director in India based in New Delhi Benjamin Yap and Timothy Sun from the headquarters in Singapore visited various facilities at the port. IE Singapore is the government agency of Singapore spearheading its external business.

Krishna Babu gave a presentation and briefed the team on existing infrastructure and the plans to...

Odisha appoints Ernst & Young as financial consultant for riverine port project 18 July 2014

After obtaining government nod for establishment of the maiden riverine port in Odisha on Mahanadi river mouth near Paradeep, the state commerce & transport department has roped in Ernst & Young (E&Y) as the financial consultant for the project.

Earlier, Kolkata-based Water and Power Consultancy Services (WAPCOS) was chosen as the technical consultant for the riverine port.

WAPCOS had pegged the initial capacity of the port at 22 million tonne per annum (mtpa), envisaging its total capacity at 55 mtpa.

The land requirement of the port is around 750 acres. It has been decided to develop the port on both side of the river Mahanadi to cater to ...

Ship MV Rajiv Gandhi veers out of channel 17 July 2014

Shipping Corporation of India’s (SCI) container ship MV Rajiv Gandhi veered off course the channel near Vallarpadom here owing to heavy monsoon tides on Wednesday morning.

Senior officials of the corporation discounted the event saying the ship did not run aground. It went a bit off the channel, a regular happening during heavy monsoons, but it was pulled back using tugs from the Cochin Port Trust.

They said that the ship had been safely docked at the harbour at the moment.

...

Fieo hails allocation for V. O. Chidambaranar Port harbour project 17 July 2014

The Federation of Indian Export Organisations (Fieo), Southern Region, has hailed the budgetary proposal to allocate INR 11,635 crore for the first phase of the outer harbour project at V. O. Chidambaranar Port.

The planned facility would help exporters, who were facing problems due to high transaction costs mainly caused by poor infrastructure, said Walter D’Souza, President of Fieo, Southern Region.

It may be recalled that the Union Finance Minister, Arun Jaitley, had announced the allocation for the development of the outer harbour project at the Port in his Budget speech.

He added that the project would give a fillip to the infrastructure at t...

APSEZ gets environmental clearance for Mundra SEZ 16 July 2014

Adani Ports and Special Economic Zone (APSEZ) said it has received environment and other nods for its 8,481 hectares special economic zone (SEZ), a move that will pave way for setting up facilities like desalination and effluent treatment plants besides boosting exports.

The company said in a statement, "APSEZ, part of the Adani Group has received the environment and coastal regulation zone clearance from the Union ministry for environment and forests, for its 8,481 hectares SEZ in Mundra.”

The clearance will now allow APSEZ, which operates India's only port-based SEZ, to set up a mega desalination plant, an effluent treatment plant and intake of se...

Adani starts trial runs at Vizag coal terminal 16 July 2014

Adani Vizag Coal Terminal Private Limited, which developed a coal terminal here, has successfully launched its pre-commissioning trial.

The trial run, which started on Monday by lightening Indonesian steam coal from M.V. Galveston, would continue till the unloading of 50,000 tonnes in the state-of-the art berth.

Visakhapatnam Port Chairman M. T. Krishna Babu said, “The BOT operator is trying to get its systems stabilised by handling cargo. The arrival of a vessel and launching of cargo handling on a trial basis is a welcome development as a precursor to undertaking commercial operations.”

Adani Vizag is a subsidiary of Adani Ports and SEZ Li...

CM says: special focus on ports development 15 July 2014

Chief Minister N. Chandrababu Naidu on Monday declared that he was paying special attention to development of ports as the long coast could play a critical role in State’s growth.

Interacting with a delegation from the Indian Merchant Chambers led by Prabodh B. Thakkar from Mumbai at the Lake View guest house, the Chief Minister sought their cooperation in this regard.

He said Prime Minister Narendra Modi during his stewardship as Chief Minister of Gujarat had developed many ports in that State and he would be focusing on ports development on similar lines.

The proposed ports would be highly useful in transport of cargo to other States. The delega...

Concern over dismal performanceof Vallarpadam International Transhipment container terminal 15 July 2014

Cochin Port Officers Association (CPOA) has urged Union Shipping Minister Nitin Gadkari and Kerala Chief Minister Oommen Chandy to constitute a high-level committee to recommend measurers for the revival of the Vallarpadam International Transhipment Container Terminal.

ICTT was a dream project of the country when it was launched in 2005. However, it could not grow into a true international transshipment hub due to various reasons, both domestic and foreign, even after Cabotage laws were relaxed in December 2012, according the association.

CPOA cited reasons such as lower cargo-related charges at Colombo, higher capacity at neighbouring ports, lack of interest show...

Ministry of Shipping weighs plan to regulate stevedores 14 July 2014

The board of trustees that runs India’s only riverine port located at Kolkata will discuss a plan on 18 July to auction licences to so-called stevedores, or shore handling agents, on a royalty format at its Haldia dock complex.

Kolkata port, one of India’s oldest, has two docks one at Kolkata and the other at Haldia.

If the plan goes through, it will be the first instance of auctioning stevedoring licences at any of the 12 ports owned by the Union government. Currently, stevedoring firms buy annual licences after paying a fee, which varies from port to port.

Essentially labour contractors, stevedores secure annual licences from port authorit...

Visakhapatnam port posts 5.29% growth in cargo handling in Q1 14 July 2014

After witnessing a continuous decline in cargo handling since the last three years, Vizag port, one of the 12 major ports in the country controlled by the ministry of shipping, has finally registered some decent growth this fiscal year.

The port handled a record cargo of 68.4 million tonnes (mt) in 2010-11. However, cargo handling had plummeted since then and dipped to 58.5 mt in 2013-14. The port has registered a 5.29% growth in cargo handling during the first quarter of the present financial.

During the first quarter, the port has handled 15.33 mt of cargo, as compared with 14.56 mt during the corresponding period previous year, primarily owing to the abnormal i...

Transhipment of Indonesian steam coal taking place from Bhavnagar port to Magdalla port 14 July 2014

Transshipment of Indonesian steam coal in bulk commenced previous week from Bhavnagar port to Magdalla port through mini bulk carriers for the consignee Agarwal Coal Corporations.

The shipping agency was Ashit Shipping Services Private Limited, one of the leading agencies in Bhavnagar, which is part of A. Jasvantrai and Company.

The transhipment operation commenced on July 11 from the mother ship, Common Faith, which arrived at the Bhavnagar port anchorage on July 8.

Ashit Shipping was involved in the transshipment of iron ore pellets in bulk from Bhavnagar to Hazira port through mini bulk carriers 10 years ago, due to the closure of Magdalla/Hazira por...

APM Terminals may buy 2 container loading facilities on Eastern coast 14 July 2014

APM Terminals Management BV is weighing options to purchase one of the two container loading facilities located at Krishnapatnam Port in Andhra Pradesh and Kattupalli Port in Tamil Nadu as it looks to build a presence on India’s Eastern seaboard.

The sources said that APM Terminals, the container terminal operating unit of Danish shipping and oil conglomerate AP Moller-Maersk Group A/S, could take a decision by as early as end July.

APSEZ is building a container loading facility at Ennore Port near Chennai, also owned by the Union Government. Both Krishnapatnam and Kattupalli are ports outside the control of the Union Government and, hence, free to set their...

Haldia Port foresees increase in revenues 14 July 2014

The Ganga Jal Marg Vikas Yojana is said to be a major revenue booster for Haldia Port in West Bengal.

The project entailing an investment of INR 4,200 crore, envisages efficient river freight operations from Allahabad (UP) to Haldia (WB), covering a distance of 1,620 kilometer (km).

River transport contributes a mere 7% of total cargo transportation in India. This is substantially lower than developed countries and even China.

Approximately 40% of 4,500 million tonnes (mt) of coal production in China is ferried through rivers. In contrast, 80% of India’s 600 mt annual coal production is moved by the Railways.

A step in this direction ha...

V.O. Chidambaranar Port set to become South Asian container hub 14 July 2014

The V.O. Chidambaranar Port (V.O.C) here is all set to emerge as a container hub port in South Asia, a long term goal of port users.

With a special focus on the outer harbour development project, Tuticorin is expected to become a new landmark destination.

With expectations running high among port users, the V.O. Chidambaranar Port, Tuticorin, which was earlier known as Tuticorin Port, would attain the status of a container hub port in the South Asia, T. Johnson, President, Indian Chamber of Commerce and Industries, said here on Sunday.

The fund allocation of INR 11, 635 crore for the first phase of the outer harbour development project in the country wo...

Visakhapatnam Port privatisation to get push 13 July 2014

Development of Visakhapatnam port as a landlord port will be a reality soon with the Union Budget laying emphasis on fast-track clearance to Public Private Partnership (PPP) projects.

Visakhapatnam port is investing nearly INR 14,000 crore on mechanisation mostly in PPP mode to face competition.

The budget has raised hopes among private investors due to thrust laid on PPP mode though many of private players expressed their anguish at not getting many incentives. There is no clarity on where 16 ports promised by the government will be located.

End of Tariff Authority for Major Ports (TAMP) regime to create a level-playing field to compete with minor port...

V.O. Chidambaranar Port draws up big expansion plan 12 July 2014

The V.O. Chidambaranar (VOC) Port in Tuticorin has drawn up a plan to construct 17 berths to become one of the biggest transshipment hubs in the Eastern coast.

As part of the Outer Harbour Project, the officials have decided to develop the Port in 4 phases costing about INR 23,432 crore. It would take at least four-to-five years to complete each phase. It would result in capacity addition of 328 million tonnes per annum (mtpa).

“The idea is to become one of the largest transshipment hubs in the south having a 16-18 meters draught to accommodate large ships,” said VOC Port Chairman S. Ananda Chandra Bose.

The first phase of expansion would co...

KoPT told to initiate open auction 12 July 2014

Reiterating its earlier order, the Shipping Ministry on Friday instructed the Kolkata Port Trust (KoPT) to immediately initiate an “open and transparent auction process” for on-shore cargo handling.

A probe committee had been appointed last week to look into allegations of violations in revenue-sharing and appointments of on-shore cargo-handling agents in all major ports.

The Ministry has asked the KoPT to file a “compliance report” within the next two weeks.

Meanwhile, the Ministry has dissolved the all-powerful Trustee Board of the KoPT. Similar action has been initiated against all 12 major ports in the country, Ministry sourc...

Budget 2014: Ganga Vikas Yojana set to boost revenue of Haldia Port 10 July 2014

The Ganga Jal Marg Vikas Yojana is said to be a major revenue booster for Haldia port in West Bengal.

The project entailing an investment of INR 4,200 crore, envisages efficient river freight operations from Allahabad (UP) to Haldia (WB), covering a distance of 1,620 km.

River transport contributes a mere 7% of total cargo transportation in India. This is substantially lower than developed countries and even China.

Approximately 40% of 4,500 million tonnes (mt) of coal production in China is ferried through rivers. In contrast, 80% of India’s 600 mt annual coal productions is moved by the Railways.

The Ganga Jal Marg Vikas Yojana is lik...

Budget 2014: Finance Minister proposes 16 new port projects 10 July 2014

Finance Minister (FM) Arun Jaitley, in its first budget after BJP's victory in May, said India will get 16 new port projects this year, with a focus on their connectivity to the hinterland.

India currently has 13 major ports. Jaitley also reiterated previous government's plan to spend INR 11,635 crore to develop the phase one of the outer harbour project in VO Chidambaranar Port Trust at Tuticorin.

The FM also said special economic zones will be developed along the existing major ports, Kandla in Gujarat and Jawaharlal Nehru Port Trust (JNPT) in Mumbai.

A comprehensive policy will also be announced to promote the struggling shipbuilding industry...

Western freight corridor faces logjam due to other major projects 10 July 2014

The western dedicated freight corridor (DFC), from Dadri near Delhi to Jawaharlal Nehru (JN) Port, reportedly faces a logjam due to several other major projects such as the proposed CST-Panvel fast corridor, the planned Navi Mumbai international airport, suburban sections on the Virar-Vasai-Diva-Panvel line and the construction of the Panvel Coaching Complex.

The western DFC, among the two that are being built, the other being the eastern one from Ludhiana in Punjab to Dankuni in West Bengal, will pass through Panvel. It proposes to transport containers, commodities at a maximum speed of 100 kmph, which will considerably reduce haulage time.

The alignment of the w...

Gujarat Maritime Board revives Parodiya jetty near Jamnagar 10 July 2014

Gujarat Maritime Board (GMB) has recently decided to review the Parodiya jetty near Jamnagar.

Earlier, GMB had the customs clearance to handle only salt at this facility.

However, now, with the entire necessary infrastructure in place, GMB has obtained clearances from the customs and GPCB to review the port facility, which can handle other dry bulk cargo like coal, bauxite etc.

The port facility is likely to immediately handle coal required for the power plant of Essar near Salaya. Presently, Essar handles it from Bedi, which is about 60 kilometer (km) from its power plant.

The logistics cost would be much less by handling cargo at Parodiaya ...

Cochin Port looks to renew coal handling facility 10 July 2014

The Cochin Port is looking to modernize its coal handling facility, according to details on the port trust’s website.

The port has submitted a request for qualification (RFQ) to develop the handling facilities, which the port says will cost around USD 33 million.

An assessment carried out by the port authority said that the facility can be developed at minimal cost in order to handle 14.5 meter-draft, fully-loaded Panamax ships. In a bid to improve operations, construction of a multi-user liquid terminal on Puthuvype has been proposed.

The work undertaken will include capital dredging for the berth, shore protection, and construction of the termin...

Sail ships find the going tough 10 July 2014

Operators of sail ships want the government to give a fillip to transportation of cargo using their ships between Tuticorin and Colombo so as to arrest the decline of this once prosperous mode of cargo shipment.

Though these vessels have sails to harness the wind, they are powered by engines and equipped with modern navigation gadgets, according to S. Lasington Fernando, secretary, Coastal Mechanised Sail Vessel Owners’ Association, Tuticorin.

He said that the government must take efforts to ensure the survival and growth of this traditional mode of transport.

There were 40 sailing ships based here, each making four voyages a month from the old ha...

GE Shipping takes delivery of Jag Vishu 10 July 2014

Great Eastern (GE) Shipping Company took delivery of Jag Vishnu, a 1994-built very large gas carrier of 49,701 Deadweight Tonnage (dwt) on Tuesday, the company informed the exchanges.

With this, the company now has 29 ships, which include 21 tankers and eight dry bulk carriers, accounting for 2.37 million dwt with an average age of 9.7 years.

GE Shipping shares closed at INR 366.70 on the NSE, down 1.7% from the previous day’s close.

...

KICT looking for new operator 10 July 2014

L&T Kattupalli International Container Terminal (KICT) is looking to rope in a terminal operator after scrapping the contract with the existing operator, International Container Terminal Services (ICTS) of the Philippines.

The mutual termination of the agreement came after lengthy discussions, as both the companies concluded that the existing contract was not beneficial to either, according to a communication issued by ICTS to the Manila Stock Exchange.

Sources said that KICT is talking to all major terminal operators. APM Terminals of Denmark has emerged the top contender. The third trial call by Maersk’s container ship today at Kattupalli has added to ...

Port quarters to get facelift 09 July 2014

The quarters at Salagrampuram would be given a facelift by spending INR 3.5 crore, said Visakhapatnam Port Trust (VPT) Chairman M.T. Krishna Babu on Tuesday.

He was speaking at the golden jubilee celebrations of INTUC-affiliated National Port Trust Employees’ Union at Sitarama Kalyanamandapam.

INR 1 crore had already been released for undertaking repair and reconstruction of the quarters, and promised to develop a beautifully-landscaped park, Krishna Babu said.

Urging the unions and workers to help the port regain its past glory, he said the massive mechanisation work was a step in that direction.

He said there was an urgent need to pro...

VOC Port handles record limestone cargo 09 July 2014

The V. O. Chidambaranar (VOC) Port previous week set a new benchmark by handling 32,938 tonnes of limestone in a single day.

The cargo was unloaded from the gearless vessel MV Jagaditi at Berth no. IX using the Port’s new mobile harbour cranes.

Seaports Logistics Private Limited was the ship agent and stevedore for the vessel.

The previous record stood at 25,323 tonnes, unloaded from the ship MV Massalia on December 11, 2012.

...

ESL starts triangular service calling Nhava Sheva, Mundra & Djibouti 09 July 2014

Ethiopian Shipping Line (ESL) has commenced a new liner triangular service with a dedicated multi-purpose self-geared ship of 25,000 Deadweight Tonnage (DWT) having crane capacity of 90 tonnes.

It is planned to be a fortnightly service with port rotation as: Nhava Sheva, Mundra, Djibouti, Nhava Sheva.

The ship would be calling JN Port’s shallow berth and AMCT in Mundra, and can load project and break-bulk cargo in addition to containers.

The first sailing of the service, MV Shebelle, arrived at Nhava Sheva on July 2, 2014 and was greeted by officials from Samsara Shipping Private Limited, ESL’s General Agent in India.

ESL has star...

MPT calls for RFQs in multipurpose terminal project 09 July 2014

Mormugao Port Trust (MPT) has invited Request For Qualifications (RFQ) towards the ‘development’ of 8.3 million tons per annum (mtpa) Multipurpose terminal at a total cost of INR 1366 crore at the port on Develop, Build, Finance, Operate and Transfer (DBFOT) basis.

The RFQ is also intended to carry out the bidding process for selection of the bidder to whom the project will be awarded.

The scope of work broadly includes designing and constructing of a berth about 750 m long dredged to -14.10 m, ship loading/unloading and other shore equipment, covered storage facilities in case of coal, railway tracks, etc to handle at least 8.3 mtpa.

The pr...

Indian port looks to modernise coal handling facility 09 July 2014

According to details on the port trust’s website, the Cochin Port, India, is looking to modernise its coal handling facility.

The port has submitted a request for qualification (RFQ) to develop the handling facilities, which the port says will cost around USD 33 million.

An assessment carried out by the port authority said that the facility can be developed at minimal cost in order to handle 14.5m-draft, fully-loaded Panamax ships.

The work undertaken will include capital dredging for the berth, shore protection, and construction of the terminal’s approach road. The Port Trust has recently put forward bids to start the project.

Th...

SCI Panna docks at Chowgule Group Dockyard 08 July 2014

Lavgan Dockyard Limited, the new ship repair facility by Chowgule Group, Goa, located in Jaigad on the west coast of India between Mumbai & Goa, carried out its first commercial docking on 25th June, 2014.

The 3200t displacement vessel SCI Panna, owned by the Shipping Corporation of India, was successfully lifted out of the water and transferred to one of the five dry repair berths where she will undergo general repairs and bottom cleaning before going back into the service.

The yard has reported several other enquiries for the docking of a wide range of vessel types and is expected to take further 3 vessels in July as part of its phased start up plan.

MbPT bids for maintenance dredging work 08 July 2014

Mumbai Port Trust (MbPT) has invited tenders worth INR 132.77 crore from reputed contractors, under single stage 2 cover bidding procedure, for maintenance dredging work in the approach channels, turning circles and outside berths of the Port for 3 years from the present financial.

The tender sets are available with the Civil Engineering Department till August 5.

The last date for submission of the bid is August 6.

...

Shipping veteran for augmenting Indian flag ships 08 July 2014

Veteran stevedore from the city G. Pattabhi Ramayya has sought intervention from the Centre to unveil an action plan to increase the number of various types of vessels carrying Indian flags.

Stating that almost 90% of Indian trade is handled by ship carrying foreign flags, he said “we are still primitive in carriage of containers.”

Asking the Narendra Modi Government to draw a cue from the United States and Japan on how they were encouraging their national flag both financially and by providing cargo, he said the people of India had pinned a lot of hopes on the new government.

Ramayya said that “We hope we can become self-reliant if ri...

India and Bangladesh to flag off Coastal Services soon 07 July 2014

India and Bangladesh are likely to begin Coastal Shipping from October this year, according to Director-General of Shipping Gautam Chatterjee.

The move is a part of the planned agreement between the 2 nations to open sea routes to promote bi-lateral trade.

In the absence of direct shipping arrangement; India and Bangladesh are now heavily dependent on costly land routes for the USD 6-billion bilateral trades.

Rough estimates suggest Coastal Shipping may reduce the costs of transportation by 20 to 40%, when compared to rail or road transportation, ensuring greater competitiveness to exporters from either side.

Addressing a seminar at the Benga...

Adani Ports looking to boost Dhamra Port capacity to 100 mt 07 July 2014

The Adani Ports and SEZ (APSEZ) is looking to boost capacity at its recently-acquired Dharma Port by more than four times by 2020, from 24 million tonnes (mt) at present to about 100 mt.

"We started with a single port company in 2010 and APSEZ now has eight ports. The Adani Group can be the best example of public-private partnership (PPP) for infrastructure development," B. Ravi, Chief Financial Officer, APSEZ, said on the sidelines of a seminar on PPP in Infrastructure.

The seminar was jointly organised by the Australian Trade Commission and the Adani Institute of Infrastructure Management, in Ahmedabad.

The Group expects its projects at Kand...

CPT to earn revenue from private cargo handlers for onshore operations 07 July 2014

Calcutta Port Trust (CPT) is in favour of earning revenue from private cargo handlers for onshore operations, provided this is implemented across all the major ports.

RPS Kahlon, chairman of CPT, said on the sidelines of an event of the Bengal Chamber of Commerce and Industry that “If there is any step which leads to an increase in revenue, it is welcome. But it has to be notified by the ministry based on the provisions of the Major Port Trust Act and shall be applicable to all ports so that our port does not suffer vis-à-vis others.”

Kahlon said that if the practice was introduced only in the Calcutta port, it would push up the overall cost for...

PPT set to award USD 72 m tender 07 July 2014

Paradip Port Trust (PPT) has finalized the process of floating a USD 72 million tender in order to construct a Container Terminal at Paradip Port, India. PPT is aiming to award the contract before September 2014.

“All necessary formalities have been taken care, I think the agreement will be awarded in less than 2 months.” stated Sudhansu Sekhar Mishra, Chairman of PPT.

The terminal constitutes part of a PPT expansion plan which also includes re developments of its western dock complex that will cater for commodities such as fertiliser, iron ore, coal and high-value cargo such as ferrochrome and petroleum products. PPT is aiming to construct the termina...

V. O. Chidambaranar Port handles record limestone cargo 07 July 2014

The V. O. Chidambaranar (VOC) Port last week set a new benchmark by handling 32,938 tonnes of limestone in a single day.

The cargo was unloaded from the gearless ship MV Jagaditi at Berth no. IX using the Port’s new mobile harbour cranes.

Seaports Logistics Private Limited was the ship agent and stevedore for the ship.

The previous record stood at 25,323 tonnes, unloaded from the ship MV Massalia on December 11, 2012.

...

ICTSI ends contract to operate container terminal in Tamil Nadu 07 July 2014

International Container Terminal Services Inc. (ICTSI) of port magnate Enrique Razon has pulled the plug on a contract to operate a container terminal in India, citing the deal as not beneficial for the company.

In a disclosure to the Philippine Stock Exchange Monday, ICTSI said subsidiaries ICTSI Limited and ICTS (India) Private Limited has signed a termination agreement with L&T Shipbuilding Limited (LTSB) canceling ICTSI’s container port agreement to manage and operate the Kattupalli Container Terminal (KCT) in Tamil Nadu, India.

Kattupalli port is ICTSI's first port venture in Indian, with the agreement with LTSB to operate facility signed in 201...

L&T Kattupalli Port, ICTSI part ways 06 July 2014

L&T Kattupalli Port and its container terminal operator International Container Terminal Services India Private Limited (ICTSI) of Manila have parted ways.

They have given mutual consent to end their alliance from July 1. A letter was reportedly issued on Friday, announcing the end of the alliance.

While ICTSI maintained silence on the issue, L&T Kattupalli Port has removed reference to the container operator from its website.

Significantly, the separation has taken place just a couple of days before the arrival of Maersk Line vessel Sea Land Champion here on Tuesday.

Maersk’s APM Terminal has been evincing keen interest to run ...

French Cos to expand India port with Adani 05 July 2014

CMA CGM Group, the world's 3rd biggest container shipping group, will partner with India's Adani Ports and Special Economic Zone Limited (APSEZ) to build a new container terminal in western India, the French firm's first port investment in the country.

Adani Port said in a statement, the terminal, the fourth at Adani's Mundra complex in the state of Gujarat, will be built over 2 years in a 50-50 joint venture.

Adani Ports said that the terminal will add 30% to Mundra's capacity, making it the biggest port in India.

Adani Ports, part of billionaire Gautum Adani's conglomerate, has expanded its ports business in recent years to bec...

Case for cargo handling fee 05 July 2014

The Calcutta Port Trust (CPT) is in favour of earning revenue from private cargo handlers for onshore operations, provided this is implemented across all the major ports.

“If there is any step which leads to an increase in revenue, it is welcome. But it has to be notified by the ministry based on the provisions of the Major Port Trust Act and shall be applicable to all ports so that our port does not suffer vis-à-vis others,” CPT chairman R.P.S. Kahlon today said on the sidelines of an event of the Bengal Chamber of Commerce and Industry (BCCI).

Kahlon said if the practice was introduced only in the Calcutta port, it would push up the overall co...

Mundra Port to get fourth container terminal 05 July 2014

Adani Ports & SEZ Limited (APSEZ) said that it has signed an agreement with France’s CMA CGM Group to develop a new container terminal at Mundra Port.

This will be the fourth container terminal in Mundra and will be a 650-metre terminal, capable of handling 1.3 million Twenty Foot Equivalent Unit (TEU) annually. The work on the container terminal will begin immediately and it is expected to be completed in 24 months.

...

Maersk to make 3rd trial call at International Container Terminal 04 July 2014

Maersk Line will make its third trial call at Kattupalli International Container Terminal on July 8. Sea Land Champion will arrive at Chennai from Tanjung Palepas (Malaysia) and then go to Kattupalli Port, developed by L&T Shipbuilding, to the north of Kamarajar port in Ennore.

According to sources, from Kattupalli, the ship will head to Visakhapatnam, and then return to Tanjung Palepas.

Maersk Line made its second trial call at Kattupalli on December 14. Its ship Maersk Derince offloaded containers for a major auto firm in Chennai and loaded containers for Egypt.

The Thailand-Chennai Express Service consortium of NYK & X-Press Feeders announced...

Coastal shipping with Bangladesh planned 04 July 2014

According to Director-General of Shipping, Gautam Chatterjee, India is working on a plan to begin coastal shipping with Bangladesh.

He was addressing a seminar at Bengal Chamber of Commerce & Industry in Kolkata.

...

State govt. inks MoU for NW connecting Kalinganagar with Paradip & Dhamra ports 04 July 2014

A Memorandum of understanding (MoU) was recently signed between the Inland Waterways Authority of India (IWAI), government of Odisha, Paradip Port Trust (PPT) and Dhamra Port Limited to develop a portion of National Waterway 5, connecting Kalinganagar industrial area with these ports, at a cost of INR 2,000 crore, it is learnt.

The MoU was signed by the Chairman of IWAI, Amitabh Verma, Commerce and Transport Secretary, G. Mathivatnan, Chairman of PPT, S. S. Mishra and Dhamra Port Chief Executive Officer (CEO), Santosh Mohapatra.

Speaking on the occasion, the Odisha Chief Minister, Naveen Patnaik, said the agreement would facilitate connecting and developing the in...

Develop 2nd port in Ramayapatnam 04 July 2014

Communist Party of India Prakasam district secretary K. Aruna on Thursday urged the State government to develop the second major port sanctioned by the Centre at Ramayapatnam instead of Duggirajapatnam.

The experts team constituted to select the site for the new port had in fact preferred Ramayapatnam.

She added that Duggirajapatnam, which was closer to Sriharikota, posed a security threat. The major port, if located in Duggirajapatnam, would be rendered unviable in view of closure during launch of satellites every now and then.

...

Kollam-Tuticorin ports closer to tie-up 04 July 2014

An official team from the V.O. Chidambaranar (Tuticorin) Port Trust in Tamil Nadu led by its chairman S. Anantha Chandrabose is likely to visit the Kollam Cargo Port next week as part of the moves to work out a tie-up between the 2 ports.

The Ports Department has sent a formal invitation in this connection to Chandrabose which has been accepted. The invitation sent was a follow-up action to talks held by Ports Department officials with  Chandrabose last week.

The talks are said to be positive and gives much hope on better days for the Kollam Port. Along with Chandrabose and traffic management officers of Tuticorin Port officials, steamer agents from there wil...

Another first for Krishnapatnam port 03 July 2014

The MV Mina Oldendorff, carrying the highest cargo of 1.89 lakh MT of coal, is berthed at the Krishnapatnam Port in the Nellore district here. It is the Liberian flag vessel listed among the large-sized ships in the world.

Till now, the number of giant-size ships handled by this southern port came to 19. It is said that as many as 47 cape size ships called at the port in the financial year 2013-14 and in the first quarter of the current year 2014-15.

The berthing of such large ships is considered as a welcome development as the Krishnapatnam Port has being aiming at increased capabilities to handle fully-laden cape size vessels in India. Handling cape size ships p...

Ministry of Shipping takes on graft in ports 03 July 2014

The vigilance wing of the Ministry of Shipping has written to the chairman of the Kolkata Port Trust (KoPT) seeking an explanation for gross financial irregularities in port.

A similar letter has also been issued to authorities in other major ports across the country.

The Ministry has sought answers to 11 questions related mainly to the alleged corrupt process of appointment of stevedores and cargo handling agents.

The KoPT’s Chief Vigilance Officer S.K. Choudhury has also initiated a separate inquiry to assess the volume of loss accumulated over several years as a result of the cargo handling agents not having shared revenues with the port author...

New record in V. O. Chidambaranar Port 02 July 2014

V. O. Chidambaranar Port Trust (VOC) here created a new record in handling limestones on June 20.

According to a statement from S. Anantha Chandra Bose, Chairman of the Port Trust here on Tuesday, 32,938 tonnes of limestones in bulk was unloaded on a single day from the gearless vessel M.V. Jag Aditi at ninth berth using the port’s new harbour mobile cranes thus surpassing the previous record of 25,323 tonnes of limestones in bulk unloaded from the ship M.V. Massalia on December 11, 2012.

The Chairman said that two newly inducted 120 tonne capacity harbour mobile cranes were capable of discharging 40,000 tonnes of bulk cargo per day.

...

Govt. plans low-cost funding for domestic shipping Cos 30 June 2014

The Union Government is planning a mechanism to make low-cost funds available to domestic shipping firms to purchase vessels.

A Shipping Ministry official said, the idea is to raise foreign currency loans against long-term shipping contracts between Indian shipping lines and leading public sector firms.

The official said that the 3-5-year contracts can be finalized on a competitive bidding basis, with adequate flexibility to ensure that both the shippers and the shipping lines are not affected by freight market fluctuations.

Several public sector undertakings, including oil companies, are large exporters and importers. These companies often charter fore...

Paradip, Dhamra to jointly encourage NW-5 30 June 2014

Paradip and Dhamra ports plan to sign a memorandum of understanding (MoU) to develop the Jokadia-to-Paradip and Dhamra stretch of the Kharsua River for inland trade.

The 201 kilometer (km) stretch is part of the National Waterway (NW)-5, which starts at the Talcher River, having Kharsua and Brahmani rivers as part of it.

The plan is to expand the entire waterway in the long term, only a part of the project is currently being taken up.

As per the agreement, the state government will provide the required land to make the river water navigable for ships and for construction of terminals.

A depth of 2.5-3 m has to be maintained in order to facili...

ChPT calls for bids for work on coal berth 30 June 2014

Cochin Port Trust (ChPT) has called for request for qualification (RFQ) for modernisation of coal handling facility at the port on a design, build, finance, operate and transfer basis for a licence period of 30 years. The project cost has been put at INR 198 crore.

Cochin Port, which handled nearly 50,000 tonnes of coal during the April-May period this year, has been handling the commodity at the North and South Coal Berths at the Mattancherry wharf.

Modernization of the coal handling facility, possibly on a PPP model, was on the anvil and the work was earlier expected to be awarded in the first quarter of this calendar year.

Development of the coal han...

Kollam-Tuticorin ports eye tie-up 28 June 2014

The Ports Department is working out a tie-up between the V.O. Chidambaranar (Tuticorin) Port Trust and the Kollam Port. Director of Ports P.I. Shiek Pareeth had telephonic talks in this connection with chairman of the Tuticorin Port Trust S. Anantha Chandra Bose previous week.

As a follow-up to the talks, Assistant Director of Ports Hari H. Warrier and Kollam Port Officer Ashwin Kumar left for Tuticorin on Thursday to have direct talks with Bose and Tuticorin-based shipping agents.

The consignments are now despatched through road. It is the restrictions on the movement of trailer trucks carrying export containers imposed by Tamil Nadu in the wake of a Supreme Cour...

New Industrial Policy Resolution to lure investment in port-based parks 28 June 2014

In its upcoming revised Industrial Policy Resolution (IPR), the Odisha government will include attractive proposals for investors to participate in development of port-based parks, said the state industry minister.

“Ports are not just a gateway for import and export of raw materials. We need to set up value added industries near ports. In our new industrial policy, we will provide incentives for development of port-based parks,” said Debi Prasad Mishra, state minister for Industries and Mass Education at a seminar called Logistic Millenium 2014, organised by Odisha chapter of Confederation of Indian Industry (CII) here, today.

The state government is i...

Union govt. plans low-cost funding for domestic shipping firms 27 June 2014

The Union Government is planning a mechanism to make low-cost funds available to domestic shipping companies to buy vessels.

A Shipping Ministry official said that the idea is to raise foreign currency loans against long-term shipping contracts between Indian shipping lines and leading public sector firms.

This would enable shipping lines to get dollar funds at 3-4% as against rupee loans, which cost more than 10%.

The official said that the three-five-year contracts can be finalised on a competitive bidding basis, with adequate flexibility to ensure that both the shippers and the shipping lines are not affected by freight market fluctuations.

...

Shreyas gets delivery of SSL Mumbai 27 June 2014

Shreyas Shipping & Logistics Limited has taken delivery of vessel M. V. SSL MUMBAI.

Shreyas started is operations in 1993, and began primarily to fill the gap for feedering of containers between Indian ports and internationally renowned transshipment ports such as Dubai, Khorfakkan, Jebel Ali, Colombo and Singapore.

Shreyas used its accumulated experience in operating feeder services to pioneer coastal transshipment services within India thereby connecting Indian ports to each other for the purposes of relaying containerized cargo. This service provided crucial links between Indian ports and assisted transshipment of cargo over Indian ports.

Shreyas...

APSEZ to commission Tuna Tekra dry bulk terminal by Dec. 2014 27 June 2014

Adani Ports & SEZ Limited (APSEZ), India’s largest port developer and part of the Adani Group, will commission its dry bulk cargo handling terminal at Tuna Tekra in record time by December 2014.

The Group shared this development with prospective clients during a trade meet previous week.

The meet, organized by APSEZ to make this announcement and showcase the salient features of the project, received unprecedented response, and was attended by more than 60-65 representatives from almost every major shipping agency/line as well as CHAs operating in the region.

An Adani spokesman said that "Adani Group has always believed in the idea of nati...

Mormugao Port set to boost cargo traffic 27 June 2014

With the lifting of the mining ban in Goa and the increase in general cargo volume, the Mormugao Port hopes to boost its throughput in the current fiscal.

The volume of general cargo grew by 23% in the first two months of the current fiscal, said P Mara Pandiyan, the port’s Chairman. This trend is expected to continue throughout the year. The traffic last year was over 11 million tonnes (mt).

The iron ore traffic had slumped to 7.42 mt in 2012-13 against 29.21 mt in 2011-12. The mining ban imposed by the apex court in September 2012 had drastically affected the port’s revenue earnings, he said.

Mormugao Port is trying to change its image fro...

JM Baxi Group to set up CFS in Vizag 27 June 2014

JM Baxi Group and Dubai Ports World (DPW) are jointly setting up a Container Freight Station (CFS) at Visakhapatnam Port.

The CFS, which is expected to involve an investment of around INR 80 crore, will be spread over an area of 28 acres and will have a capacity to handle around 50,000 Twenty-foot Equivalent Units (TEU) per annum. The JM Baxi Group, which has majority stake in the United Liners Agencies of India, had earlier joined hands with DPW to set up the Visakha Container Terminal Private Limited (VCTPL), according to sources.

Confirming this, JM Baxi Group executive director Capt Sriram Ravi Chander said, "The project has got the approval of the Visakh...

CMA CGM 2 mother ships calls at ICTT Vallarpadam 26 June 2014

CMA CGM Iguacu' and ‘CMA CGM Opal' are the mainline ships calls Kochi on the same day.

It is the first time two main line ships of CMA CGM berthed simultaneously since commissioning of the terminal in February 2011. It was a busy day at the International Container Transshipment Terminal (ICTT), Vallarpadam, with 2 mainline mother ships of the same shipping line berthing at the terminal on the same day.

MV CMA CGM Iguacu, is a part of CMA CGM's Africa Service called 'Swahili Express' while mv CMA CGM Opal is part of North Europe Med Oceania - NEMO Service operated by CMA CGM and Hapag Lloyd.

NEMO Service is a direct main line se...

Coast Guard gets berth in Mumbai Portís Indira Dock 26 June 2014

The Coast Guard has reportedly got a berth at Mumbai Port’s Indira Dock, which would solve its problem of berthing in Mumbai’s Naval Dockyard after it got overcrowded.

It is learnt that the Coast Guard had for long been demanding a dedicated berth, as it wants to be in a state of preparedness for emergencies and pollution control.

The Union Shipping Minister, Nitin Gadkari, is likely to hand over the MbPT facility to the Coast Guard on Thursday during the celebration to mark the Port’s 142nd Foundation Day.

...

GMB signs pact with Sterling Biotech and Sterling Port for developing port at Dahej 26 June 2014

The Gujarat Maritime Board (GMB) has entered into a concessional agreement with city-based Sterling BiotechBSE 4.98 % and Sterling Port for development of a greenfield port at Dahej in Bharuch district.

Chetan Sandesara, Director of Sterling Biotech and Sterling Port said that "The project envisages investment of about INR 4,060 crore over a period of 10-12 years.”

The board had invited competitive bids for development of Dahej port in Bharuch district, on the build-own-operate-transfer (BOOT) basis.

The GMB said in a release, "After evaluation of offers from various bidders, Sterling Biotech, a listed Sandesara Group company, was short-...

Vessels with Iranian insurance can continue to call at Indian ports 25 June 2014

A government official said, India has decided to extend by 6 months the special permission granted to vessels with Iranian insurance to call at the country’s ports.

This will enable New Delhi to get continued supply of oil from Iran, albeit reduced volume, despite the US sanctions against the West-Asian nation.

The six-month extension given to Iranian ships in January expires this Friday and New Delhi’s decision assumes significance particularly in the context of the trouble in Iraq, the 2nd biggest source of crude supply to India now.

Normally, ships without insurance from Intentional Group of P&I Clubs are not allowed to call at Indian...

Record coal discharge at GMBís Bhavnagar port 25 June 2014

A record 17,738 tonnes of coal was discharged in 24 hours at the anchorage of Bhavnagar port recently from the ship M.V. ANNA ELISABETH.

The ship arrived on June 17 and sailed on June 22 under the agency of Ansh & Company, Bhavnagar.

The receiver’s agent and cargo handling agent was Sagar Stevedores Private Limited. The cargo was for Virtuous Urja Limited and Nirma Limited.

Bhavnagar port is operated by Gujarat Maritime Board (GMB) and is headed by Port Officer, Capt. Sudhir Chadha.

...

Two main line ships simultaneously call at ICTT 25 June 2014

The Vallarpadam International Container Transshipment Terminal (ICTT) here witnessed a special event for the first time on June 20 when 2 main line mother ships, the CMA CGM IGUACU and CMA CGM OPAL, berthed at the same time.

CMA CGM IGUACU, part of its ‘Swahili Express’ Africa service made an ad hoc call on June 20. The ship mainly exchanged empty equipment. Equipment repositioning is very common among shipping lines to maintain equipment balance at various locations.

CMA CGM OPAL is part of the North Europe Med Oceania ‘NEMO’ service operated by CMA CGM and Hapag-Lloyd. A direct main line service to Europe from Kochi, it originates in Aust...

Shipping service to be expanded 24 June 2014

Minister for Ports and Fisheries K. Babu said that the government is considering a proposal to link the Azheekal, Beypore and Vizhinjam ports to the coastal shipping service on the Kollam-Vallarpadam route.

Replying to a calling attention motion moved by K.M. Shaji, he said the Kollam port was expected to receive the first passenger ship by September. The Azheekkal port was being equipped to handle container vessels. The government had extended the incentives for coastal shipping. Proposals for rebate on port dues and credit for manufacture of shallow-hulled vessels for coastal shipping were under consideration. Extension of the coastal shipping network would create direct a...

Shreyas Shipping gains after taking delivery of vessel M.V. SSL 24 June 2014

Shreyas Shipping & Logistics rose 2.98% to INR 38 at 11:28IST on BSE after the compant said that it has taken delivery of ship M. V. SSL Mumbai.

The company made the announcement during trading hours today, 24 June 2014. On BSE, so far 50 shares were traded in the counter, compared with an average volume of 5,305 shares in the past one quarter.

The stock hit a 52-week high of INR 45.95 on 11 June 2014

. The stock hit a 52-week low of INR 16.05 on 5 August 2013.

The stock had outperformed the market over the past one month till 23 June 2014, rising 1.51% compared with 1.37% rise in the Sensex.

The scrip had also outperformed the...

Passenger Assn asks MbPT to improve facilities at new Ferry Wharf 24 June 2014

The President of the Association, Chandrakant Mokal, said, the All India Passengers Association has urged the Mumbai Port Trust (MbPT) to improve facilities at the new Ferry Wharf (Bhaucha Dhakka) as the terminal has problems such as lack of proper fans, lights, drinking water and toilet arrangements.

The Chairman of MbPT, Ravi Parmar, has instructed the Chief Engineer, G. M. Yerandekar, to look into the matter and do the needful, Mokal, who met Parmar last week, said in a communiqué here.

A new water transport project should be initiated from the new Ferry Wharf to Nerul via the Jawaharlal Nehru Port Trust (JNPT) and other routes under the Maharashtra Stat...

Adani Group completes Dhamra Port acquisition 24 June 2014

Adani Port & Special Economic Zone (APSEZL), part of the Adani Group, on Monday said it had completed the acquisition of Dhamra Port Company (DPCL) from L&T Infrastructure Development Projects (L&T IDPL) and Tata Steel (TSL).

The deal size of the 100% stake stands at INR 5,500 crore, in line with the company’s earlier announcement.

Dhamra Port was a 50:50 joint venture between Tata Steel and L&T IDPL. It is a newly developed major port in Odisha’s Bhadrak district, about seven km from the old port by the same name. The agreement to develop the port was signed in April 1998.

The port commenced operations in May 2011, and has h...

Passenger vessels to Dock at Kollam Port 24 June 2014

After cargo vessels, it’s now the turn of passenger vessels to call at Kollam port. Ports Minister K Babu told the Assembly on Monday that a passenger vessel would dock at the port by Onam.

Replying to a calling attention motion on coastal shipping, he said that the Re-1 subsidy on each tonne of cargo moved via coastal shipping had been extended by one more year. There will also be a subsidy for building ships with a draft of 3 metres. Outlining the steps taken by the government to develop each of the smaller ports in the state; he said that the ports of Azheekal, Beypore and Vizhinjam would be included in the coastal shipping network in the next phase. Cargo movement ...

State govt. to hold meet with stakeholders of Bandar port 23 June 2014

The state government had decided to hold a joint meeting with all the stakeholders including officials and the farmers to discuss issues pertaining to the proposed deep sea port at Machilipatnam, said Excise and B.C. Welfare Minister Kollu Ravindra.

Speaking to the media Ravindra said the meeting, to be held in a few weeks, was aimed at discussing issues such as actual land requirement for the project and rehabilitation package.

Ravindra said, “Farmers’ nod is mandatory for us to go ahead with the project, for which the State government has planned to begin the works possibly within six months.”

He said that the issue figured in Govern...

Domestic shipping firms want to own foreign flag ships 23 June 2014

Indian shipping firms are said to be pinning hopes on the new government acting on an agenda that they think will stabilize the sector.

They want the government to permit Indian firms to own and operate foreign flag ships.

The measure can be implemented without having to make any change in the existing laws. It is seen helping Indian companies grow, both domestically and globally, apart from contributing to the economy.

A proposal has reportedly already been made to the government for Indian shipping firms to be allowed to own and operate foreign flag ships. The development would give shipowners more operational freedom and flexibility to tap overseas o...

CSL gets ownership of land in its possession 23 June 2014

Getting ownership of a land in its possession for 47 years is something to be elated about.

The 170-acres of land in the possession of the Cochin Shipyard Limited (CSL), the pride of the country, has been officially handed over to the company.

The shipyard adjacent to the Kochi Port is the largest greenfield vessel building and ship repair yard in the country. It was incorporated in 1972 as a fully-owned Government of India company.

A CSL official said that “The CSL is situated on 170 acres of land in Kochi and the company has been using it since 1967. With this new order, CSL has received ownership of 82.21 acres of land.”

...

Haldia Dock Complex under the scanner 23 June 2014

Kolkata Port Trust’s (KoPT) Haldia Dock Complex is staring in the face of a CBI probe.

The investigation agency has reportedly initiated an inquiry into how a single firm, Ripley & Co., was allowed to handle cargo operations in ten of the 14 berths without sharing any revenue with KoPT.

According to sources, it is a part of the investigation of the government’s special investigation team (SIT), which has started a probe to recover black money.

...

Kamarajar Port boosts capacity to 30 mt 23 June 2014

Kamarajar Port Limited, the youngest among the 12 Major Ports, developed as a landlord port and also the first and only Corporate Major Port, has boosted its capacity to handle 30 million tonnes (mt) of cargo per annum.

The Port began its journey in 2001 by handling coal to meet the requirements of power stations of TNEB in 2 coal berths with a capacity of 12 million tonnes per annum (mtpa).

KPL said that considering the ex-im demand, KPL developed four terminals, viz. marine liquid terminal of 3 mtpa capacities, common user coal terminal of 8 mtpa and iron ore terminal of 6 mtpa capacity through PPP-BOT model.

KPL has developed a new general cargo-cum-...

Govt. plans to expand minor ports for export, import boost 21 June 2014

If everything goes as per plan, then gradually all minor ports in the state will be converted into commercial ports to encourage export and import.

Very soon the cabinet will discuss about the proposal of Karnataka State Port Development Policy, said Minister for ports and fisheries Baburao Chinchansur.

"There are 12 minor ports in the state, but only Karwar is considered as a major commercial one with commodities are being exported and imported from it. We have plans of developing all other minor ports into commercial ports by giving additional fillip to coastal trade," he said adding that the state has earned annual revenue of INR 7.48 crore through mi...

Tuticorin Port restricting imports by 50% due to congestion 21 June 2014

The congestion at the Tuticorin Port in Tamil Nadu is turning out to be a blessing for the International Container Transshipment Terminal (ICTT) at Vallarpadam, with cargo from the southern region of Tami Nadu being diverted to Kochi.

Tuticorin Port has put an embargo restricting imports by 50%, owing to heavy rush at the Port. Due to this, both importers and exporters are finding it difficult to move cargo as the embargo is on account of congestion at the Port.

Moreover, it is not stipulated as to when the port operation would return to normalcy, said a press release issued by the Port authorities.

“With the Tuticorin Port restricting imports by ...

Cochin Shipyard gets ownership of land in its possession 21 June 2014

Getting ownership of a land in its possession for 47 years is something to be elated about. The 170-acres of land in the possession of the Cochin Shipyard Limited (CSL), the pride of the country, has been officially handed over to the company.

The land was in the possession of CSL since 1967. But the whole land was allotted to the entity with the government order number GO (Ms) No.252/14/RD only on June 11, 2014 as it was being allotted to the firm in a phased manner.

A CSL official said that “The CSL is situated on 170 acres of land in Kochi and the company has been using it since 1967. The ownership of land was being given to us in a phased manner. Before ...

Shiv Sena proposes to reclaim land near Mumbai port 21 June 2014

The Shiv Sena on Friday planned to transform Mumbai’s eastern shore into a modern strip of land, if it got possession of land from the Mumbai Port Trust (MbPT).

The plan envisages the development of 1,860 acres of water facing land from the Sassoon Dock in South Mumbai to Wadala Estate, 15 kilometer (kms) away.

The initial plan, put together by Pankaj Joshi, Executive Director of Urban Design Research Institute, envisages development of residential complexes, special leisure and enterprise zones, specialised eco-tourism and heritage tourism zones and water transport facilities.

However, the plan would come to fruition only if the MbPT, which is th...

PPT mulling hybrid cargo terminals 20 June 2014

Paradip Port Trust (PPT) is considering developing hybrid cargo terminals, which would give more flexibility to the terminal operators. The Port may allow private parties to undertake the projects.

According to S. S. Mishra, Chairman of PPT, investors could fix the ratio of captive and third-party cargo at 60:40 or 70:30, provided there was minimum guaranteed throughput.

Developing hybrid terminals, as part of its expansion plan, would be one of the many new ideas being worked out by the Port to attract private investments, Mishra stressed. The project, however, has to be given the go-ahead by the Ministry of Shipping.

"This will provide private in...

Nepal eyes Visakhapatnam port for handling exim cargo of containers 19 June 2014

Consul General of Nepal Chandra Kumar Ghimire said, Nepal was keen on using the Visakhapatnam Port for handling its export and import cargo of containers, coal, fertilisers and project cargo as a backup in the short run and as a full-fledged gateway in near future.

Speaking at an interactive session with stakeholders, including the VPT, private terminals operating in the port, shipping agents, stevedores, custom house agents, Indian Railways and CONCOR, among others, here on Wednesday, he said that high-level meeting at the level of Prime Minister had been held in 2009 and exchange of information subsequently at different levels had taken place in this regard. He was accompa...

Union calls for cancelling the licence of Vallarpadom port 19 June 2014

A resolution passed by the Cochin Port Employees’ Organization, affiliated to the CITU, has demanded that the Cochin Port Trust (ChPT) cancel the licence agreement with India Gateway Terminal Private Limited for establishing the International Container Transshipment Terminal at Vallarpadom.

As a precondition for the ICTT project, ChPT had surrendered the Rajiv Gandhi Container Terminal, which was operated profitably by the port authority, achieving a throughput of 1,65,000 Twenty Foot Equivalent Unit (TEU) in 2005.

The licensor was obliged to provide road and rail connectivity and also carry out capital and maintenance dredging for the ICTT.

Howev...

Global port industry continues positive trend in Q1 2014 19 June 2014

A report by the Shanghai International Shipping Institute titled ‘Global Port Development Report said, the positive trend seen in the global port industry in the latter half of 2013 continued in the first quarter (Q1) of 2014 when it grew by 7% year-on-year.

The report pointed out that ports in the US and Europe continued to get rid of the sluggishness they faced due to the recession and were maintaining the vibrant growth seen in the final two quarters of 2013 due to a synergy of port investment and consumer consumption.

The report said that though the progress in Q1 2014 had not been as dramatic as last year’s Q3 and Q4, there was a marked quarter-on...

ICTT benefits from embargo at Tuticorin Port 19 June 2014

The congestion at the Tuticorin Port in Tamil Nadu (TN) is turning out to be a blessing for the International Container Transshipment Terminal (ICTT) at Vallarpadam, with cargo from the southern region of Tami Nadu being diverted to Kochi.

Tuticorin Port has put an embargo restricting imports by 50%, owing to heavy rush at the Port. Due to this, both importers and exporters are finding it difficult to move cargo as the embargo is on account of congestion at the Port. Moreover, it is not stipulated as to when the port operation would return to normalcy, said a press release issued by the Port authorities.

“With the Tuticorin Port restricting imports by 50%, t...

Allow marine products export from Paradip Port 18 June 2014

The Seafood Exporters Association of India (SEAI) Tuesday urged the central government to allow export of marine products from Odisha's Paradip port.

"Due to lack of container facilities, exports of marine products are not taking place from Paradip port," the state chapter of the association said in a memorandum to Union Tribal Affairs minister Jual Oram who hails from Odisha.

The association's state president Gorachand Mohanty said, "The shipping lines are also reluctant to take a call on this port. Intervention of the shipping ministry is required to start marine exports from this port.”

He said that the total export of ma...

Dhamra port contract seen not needing CCI clearance 18 June 2014

Though any deal where the combined assets of the acquirer and the aim exceed INR 1,500 crore needs clearance from the Competition Commission of India (CCI), Adani Ports and Special Economic Zone’s (APSEZ) takeover of the Odisha-based Dhamra port for INR 5,500 crore, does not require any such clearance following the aim exemption added in 2011.

According to the 2011 exemption, deals where the aim company had either assets worth less than INR 250 crore or annual turnover less than INR 750 crore need no such approval.

In this case, Dhamra port had annual revenue of INR 504.5 crore as on March 31, 2013 which was expected to be INR 700 crore subsequently, it was ...

US vessel makes port call at Chennai 17 June 2014

A US research vessel Roger Revelle has made a port call here to understand ocean science in the Bay of Bengal's international waters.

The ship, which is a part of the 'University-National Oceanographic Laboratory System,' arrived here on June 14 and will leave later this evening.

Acting Consul General Nicholas Manring said, "Ship visits represent an important opportunity to promote cooperation and enhance peace and stability in the Asia- Pacific region and they demonstrate the US commitment to regional partners also fostering growing bilateral relationship with India.”

Commenting about the visit of the vessel, Ocean Research Depar...

LNG terminal coming up at Gangavaram Port to fuel growth 17 June 2014

With the Andhra Pradesh (AP) Government deciding to accord fast-track project status to the LNG terminal coming up at Gangavaram Port, Petronet LNG Limited (PLL), the project proponent, is giving finishing touches to launch work to fuel growth in the region.

The project, for which environment and coastal regulation zone clearances have been obtained, will involve an investment of INR 4,500 crore by PLL, a company floated by BPCL, GAIL, IOCL and ONGC, to produce five million tonnes (mt) in first phase. The first phase is expected to be operational by 2018. 

In the 2nd phase, the capacity will be doubled with investment of another INR 4,500 crore.

Th...

Cashew imports suffer from port congestion 17 June 2014

Cashew imports through V.O.Chidambaranr Port (VOC Port) at Tuticorin are getting badly affected due to congestion at the port affecting timely clearance of the cargo.

The Cashew Export Promotion Council of India has taken up the matter with the port authorities saying that the one-month long congestion has hampered the cashew movements affecting the cashew trade in Kerala.

It is pointed out that 40% of import cargo from the State was handled at Tuticorin. In 2013-14, the country imported over four lakh tonnes of raw cashew valued at INR 2,344 crore.

The raw cashew season in Africa is in full swing and any disruption in cargo movement would cause greater...

Shipping Corp. of India eyes LNG growth 14 June 2014

Indian owner in talks to expand managed gas carrier fleet to 20 vessels.

Shipping Corporation of India (SCI) is in talks to expand its fleet of managed LNG carriers to 20 vessels. It is negotiating with overseas companies to offer technical and commercial management.

According to Sunil Thapar, director of its bulker and tanker division, progress towards the 20-ship target would be gradual due to manpower limitations.

SCI currently manages 3 Liquefied Natural Gas (LNG) carriers on charter to Petronet.

The company also has a memorandum of understanding with GAIL India to cooperate on transport of 5.8m tonnes per annum (mtpa) of LNG from the US,...

KPL net profit rises 83% at INR 316 cr 14 June 2014

Kamarajar port in Ennore has reported an 83% increase in net profit at INR 316 crore for the financial year ending March 31, 2014, against INR 173 crore in the previous year.

Revenue increased by 57% at INR 502 crore (INR 320 crore).

The improved performance was due to a 53% increase in cargo traffic at 27 million tonnes (mt) (18 mt).

According to MA Bhaskarachar, Chairman and Managing Director, Kamarajar Port Limited (KPL), the port witnessed an increase in the handling of all the cargo segments.

At present, the port has six berths with the capacity to handle 30 million tonnes per annum (mtpa). Speaking at a trade meeting organised by KPL an...

PCPIR booster for VPT 14 June 2014

At a time when the Visakhapatnam Port Trust (VPT) is going all out to complete major developmental projects in a bid to increase its cargo handling capacity, the reconstruction of two berths for handling petroleum products in the inner harbour, which had taken a backseat due to lack of interest by oil firms, could finally become a reality.

All thanks to the focus shifting towards the development of the Visakhapatnam-Kakinada Petroleum, Chemicals and Petrochemicals Investment Region (VK-PCPIR ) post bifurcation. Sources at VPT indicated that if the PCPIR fi nally gets going, it could pave the way for the upgradation of the OR1 and OR2 berths that handle petroleum products in ...

L&T Shipbuilding hands over export commercial ship 14 June 2014

L&T Shipbuilding, a subsidiary of Larsen & Toubro, today delivered its first export commercial ship from the Kattupalli Shipyard near Chennai.

The platform supply vessel, ‘Halul 42,’ is the first in a series of six Platform Supply Vessels (PSV) to be delivered to Halul Offshore Services Company W.L.L. (HOSC) of Qatar.

The ship was received by Ali Bin Jassim Bin Mohammad Al-thani, Chairman, HOSC, at a ceremony at the Kattupalli Shipyard, says a press release issued by L&T Shipbuilding.

The 78.60-metre long vessel with a dead-weight of 3,450 tonnes is a multi-purpose vessel equipped for fire-fighting, rescue and standby, offshore s...

JNPT to pick up stake in MTHL 14 June 2014

In an effort to fast track the 22 kilometer (km) Mumbai Trans Harbour Link (MTHL), the Maharashtra Government has decided to bring in equity participation from Jawaharlal Nehru Port Trust (JNPT).

The ambitious project costing INR 11,000 crore will connect, Central Mumbai with Raigad district.

The port authorities have agreed to pick up a stake in the INR 11,000 crore project. The Mumbai Metropolitan Region Development Authority (MMRDA) along with the City and Industrial Development Corporation of Maharashtra Limited will be the other stakeholders, said a senior officer of the Maharashtra Government.

The equity component in the project will be at 30%, wh...

Dighi Port successfully handles 2 gearless Panamax ships simultaneously 13 June 2014

Dighi Port has successfully accommodated and handled 2 gearless Panamax ships simultaneously in the previous week of May 2014, after commissioning the longest single linear quay length of 650 meter by a non – major port in the State of Maharashtra.

Both the Panamax ships namely ‘MV FD Isabella’ of Deadweight Tonnage (DWT) 82,108MTs and ‘MV Navios Centaurus’ of DWT 81,742MTs were carrying imported coal and were successfully berthed on Berth Number 1 and Berth Number 2 at Dighi Port.

...

Tuticorin Port restricts imports due to heavy congestions in the port 13 June 2014

According to the release issued by PSA SICAL Terminals Limited , tuticorin Port has put an embargo restricting the imports by 50% due to heavy congestion in the port. By this, not only the importers but exporters too would find it difficult to ship out their cargo since the embargo is on account of port congestion without any stipulation of normalcy.

Due to the clamp down of overloading of vehicles by the Regional Transport Office and further aggravated by the port bridge work, the clearance of import containers has been badly hit. This had caused a backlog of containers lying in the terminal.

According to the release, an interim measure will be taken to reduce th...

NGT panel visits port development area 13 June 2014

A 6-member expert committee, constituted by the National Green Tribunal (NGT), on Thursday visited the site of the third-phase expansion of the fisheries port at Old Bunder area here.

It was constituted after a case was filed by Octavia Albuquerque and others, to look into the allegations that a creek was filled up in violation of the Coastal Regulation Zone (CRZ) rules.

The construction of the wharf, initially estimated to cost INR 57.6 crore in 2011, was halted with the Principal Bench ordering status quo on the petition in April. In its May 13 order, the Tribunal constituted the committee to inspect the site in question and file a comprehensive report on the is...

Development of National Waterway 4 a boon to AP 12 June 2014

The development of National Waterway (NW) No. 4 will be a boon to the cash-strapped Andhra Pradesh (AP).

The waterway project that stretches from Kakinada to Puducherry for the transport of cargo in Nellore, Prakasam, Guntur, Krishna, West and East Godavari districts to the existing and developing ports is likely to be both environmental-friendly and economical.

An estimated 11 million tonnes (mt) of cargo is likely to be transported through NW-4 every year.

Various canals can be linked with stretches of Krishna and Godavari rivers to form a 1,095 kilometer (km) waterway from Kakinada to Puducherry.

This network of canals and sections of Kris...

Visakhapatnam Port registers growth of 4.10% in cargo traffic this fiscal 12 June 2014

Visakhapatnam Port Trust (VPT) has registered a growth of 4.10% in cargo volume in April-May this year compared to the corresponding period previous year.

According to statistics released by the Indian Ports Association (IPA), the port handled 10.3 million tonnes during April and May this year as compared to 9.9 million tonnes (mt) previous year in the same period.

The growth in cargo handling puts VPT in the fourth position among the 12 major ports of the country. During the previous financial, VPT had dropped to the fifth place after being overtaken by Mumbai Port in terms of cargo traffic.

VPT increased its performance during the present financial ma...

DCI getting ready for dredging Visakhapatnam Portís northern arm 11 June 2014

Dredging Corporation of India (DCI) is bracing up to deploy DCI Dredge IX to increase draft of northern arm of Visakhapatnam Port to enable berthing of Panamax ships in the inner harbour.

After a keen tussle with Dharti Dredging and Infrastructure Limited (DDIL), which bagged the project for dredging and removal of rock strata at turning circle and LPG jetty in the inner harbour, the port issued the Letter of Intent to DCI on Monday. The work order is likely to be issued anytime.

DCI Chairman and Managing Director Capt. D.K. Mohanty said that “Dredge IX, the trailer suction hopper dredger, will be deployed shortly after it completes repairs at the dry dock o...

High Court orders arrest of foreign cargo vessels 11 June 2014

The Kerala high court (HC) on Tuesday ordered that a foreign vessel that allegedly rammed a fishing boat off Alappuzha coast and sailed on be arrested.

Justice B Kemal Pasha issued an interim order to Coast Guard to arrest 'MV Miletus', a cargo carrier flying Marshall Islands flag, at Bhavnagar Port in Gujarat until its owners or its captain Sajan K Leon furnish a security for USD 52,000 (INR 30 lakh) before the HC.

The HC was hearing an admiralty suit filed by I Jagesh of Puthenthura in Kollam, whose boat 'Kairali' was allegedly hit by the ships.

According to the petition, the vessel rammed the boat around 11am near Manakkodam, around 1...

Jawaharlal Nehru Port moves to scrap CFS contract 11 June 2014

The trust that runs India’s busiest container port, Jawaharlal Nehru (JN) Port, in Nhava Sheva near Mumbai has moved to scrap the deal of DBC Port Logistics Limited for running a container freight station (CFS) at the port, citing poor performance, unsatisfactory service and non-compliance with the terms of the bond.

A CFS is an off-dock facility licensed by the customs department to help decongest a port by shifting containerized cargo and customs-related activities outside the port area. Due to customs procedures and space constraints at India’s ports, customs clearance happens at the CFS.

“Your poor performance in handling traffic, not achievi...

PPT gears up to take on Adani Ports 10 June 2014

One of the oldest ports in the country Paradip Port Trust (PPT) is gearing up to face competition from private sector port giant Adani Ports in Odisha.

The state-run PPT held a road show to attract investment of USD 2.56 million on Friday to more than double current capacity to 270.50 million tonnes per annum (mtpa) by 2023.

The port will itself be investing another USD 152 million to aid expansion.

The PPT said it is open to lease new terminals for both captive as well as commercial operations through the private-public partnership mode. Apart from the 6 berths in the Western Dock complex, the port is looking to open new terminals to handle coal, iron ...

Cargo traffic in major sea ports up 5% 10 June 2014

Major sea ports handled 95.87 million tonnes (mt) of cargo during April and May 2014 against 91.48 mt handled during the corresponding period previous year, an increase of 4.8%.

Of the 13 major ports, Kandla led the pack with 15.31 mt followed by Paradip 11.73 mt. However, when compared with the last year, Kandla Port registered a decline of 0.40% in total volumes due to fall in iron ore, containers and fertilizers. 

JNPT and Visakhapatnam shared the third and fourth slot with volumes of over 10 mt. Chennai slipped to the sixth position, and it was overtaken by Mumbai port.

Growth-wise, Mormugao Port poste...

Cargo throughput of port HaminaKotka down 4.9% 10 June 2014

In January-May 2014, the Port of HaminaKotka (Finland) handled 5.8 mln t of cargo (-4.9%, year-on-year).

In the reported period, timber imports fell by 37.1%. Container transportation declined by 8.3%. In January-May, 238 ships called at the port. The Port of HaminaKotka Limited is the largest universal, export and transshipment port in Finland. 

Finland’s ports of Kotka (stevedoring company Kotkan Satama Oy) and Hamin (Haminan Satama Oy) merged on May 1, 2011. In 2013, throughput of the joined port drops by 3.6% to 14 million tonnes (mt).

The Port of Kotka is some 50 km from the Russian border, 280 ...

PPT eyes setting up 2nd LNG terminal as part of development plans 10 June 2014

A senior official said that India's Paradip Port Trust (PPT) is trying to attract investment to build a 2nd LNG terminal at Paradip Port in the eastern coastal state of Odisha.

PPT Chairman S S Mishra said that PPT, which operates the Paradip Port, is negotiating with other firms to build a second terminal as it carries out development plans and constructs breakwater facilities.

PPT has already signed a memorandum of understanding with gas transportation utility GAIL in October 2013 to build a floating storage and regasification unit at Paradip.

Mishra said that GAIL has committed to invest Rupees 31 billion (USD 525 million) to build the 1st phase ...

Paradip Port plans to increase capacity 09 June 2014

Paradip Port Trust (PPT) is planning to set up 6 new captive berths of more than 10 million tonnes per annum (mtpa) capacity each as part of the development of a Western Dock complex.

The PPT estimated that a total investment of INR 6,500 crore would be required for the development of the Western Dock. It will also consider a public-private partnership (PPP) model. Besides, it is setting up a southern oil jetty of 10 mtpa, and will be commissioned this year.

It has planned mechanization to hike capacity by 50 mtpa, a new iron ore berth of 10 mtpa, a coal berth of 10 mtpa, a multipurpose clean cargo berth of 5 mtpa, an LNG terminal of 10 mtpa and an Inland Containe...

CITPL imposes restriction on export reefer containers 09 June 2014

With the inventory of imported reefer containers growing day-by-day at its yard, Chennai International Terminals Private Limited (CITPL), one of the 2 private terminals operating inside the Chennai Port and operated by PSA Singapore, has announced certain restrictions on export reefer containers.

CITPL in a communication to the Export Import fraternity has said that the average dwell days of reefer has gone up from 4 days to over 12 days in the recent weeks, hence, the terminal decided to accept Export Reefers for direct loading only, according to trade sources.

Besides, the communication also said that “It will be only a temporary arrangement and shall be i...

CSL launches ninth FPV for Indian Coast Guard 09 June 2014

Cochin Shipyard Limited (CSL) launched the ninth of the 20 Fast Patrol Vessel (FPV) being built for Indian Cost Guard.

The ship was launched by Smt Hema Subramaniam, wife of Cmde K Subramaniam, Chairman and Managing Director (CMD), CSL in a simple ceremony at Cochin Shipyard.

The launching ceremony was attended by Cmde K Subramanaim, CMD, CSL, Capt R S Sundar, Director (Operations), CSL, D Paul Ranjan, Director (Finance), CSL and Sunny Thomas, Director (Technical), CSL and other senior officials. On the occasion Cmde K Subramaniam, CMD laid the Keel of BY 510 the tenth FPV.

The launch of the ship comes on the heels of the delivery of the sixth ship CGS ...

MPT will help industries in North Karnataka boost business 09 June 2014

Mormugao Port Trust (MPT) has urged entrepreneurs in the Hubli region to utilise facilities available at the port in Goa, to import and export vegetable oil, processed food, and other potential products.

Addressing a trade meet organized by MPT, the Karnatak Chamber of Commerce & Industry (KCCI), District Industries Centre, and Visvesvaraya Trade Promotion Centre, in Hubli on Friday, P Mara Pandiyan, Chairman of MPT, stated that export and import through MPT would help industries in North Karnataka region to develop their business.

He explained that MPT is a multi-commodity port. For the last two years, West Coast Paper Mill in Dandeli has been importing wood ...

Shipping Ministry plans shipping vehicles from Chennai to Gujarat 09 June 2014

The Shipping Ministry is preparing a blueprint on the ambitious plan to ship vehicles made in the South to Gujarat through sea route.

A Shipping Ministry official said that “The Ministry has been asked to prepare a report on the feasibility of transport of vehicles from Chennai-based ports to Gujarat and from Delhi to South from Gujarat-based ports.”

Previous week, Road, Transport, Highways and Shipping Minister Nitin Gadkari had asked officials to come up with a report in this regard.

Gadkari had said, “Officials have been asked to come up with a report for shipping vehicles manufactured in Chennai from ports in Chennai to Mundra in G...

Paradip Port set to develop a Western Dock System 05 June 2014

Paradip Port is set to expand a Western Dock system as part of its plans to boost capacity from the existing 108.50 million tonne per annum (mmtpa) to 270.50 mmtpa by 2023.

Chairman SS Mishra said that the new dock system will add approximately 75 mmtpa capacity to the port and would be executed at a cost of INR 2822.01 crore. The dock would have 6 berths of more than 10 mmpta capacity each and able to handle large cape size ships. Preliminary work on the project has commenced with the pre-fit study nearing completion.

The PPT announced to have achieved an all-time high traffic throughout or cargo handling to the tune of 68 million tonne (mt) during 2013-14, regis...

SCI appoints 5 new directors 05 June 2014

Shipping Corporation of India Limited (SCI) have appointed 5 persons as Non-official part-time Directors on the Board of the Company for a fixed tenure of 3 years from the date of notification of their appointment or until further orders, whichever is earlier; and will be taking charge from May 26, 2014.

The new directors are R. Santhanam, Dr. V. Gopal, Ashish Makhija, P. Umashankar and N. C. Sridharan.

Shares of SCI was last trading in BSE at INR 61.45 as compared to the previous close of INR 60.6. The total number of shares traded during the day was 286995 in over 3316 trades.

The stock hit an intraday high of INR 62.35 and intraday low of 60.85. The ...

PPT posts 24% rise in revenue 05 June 2014

Paradip Port Trust (PPT), the only major port in Odisha, witnessed 24.2% rise in revenue surplus after tax (net profit) in 2013-14, buoyed by better coal traffic.

In the year ending March 31, the port earned INR 233 crore surplus after tax, up from INR 187.62 crore in the previous fiscal.

During the period, its total revenue rose to INR 1,068 crore, a 34% surge from 2012-13. Officials attributed the better financial performance of the port to rising cargo traffic.

The PPT said in a statement, “PPT achieved traffic throughput of 68 million tonne (mt) during 2013-14 against previous year’s traffic of 56.55 mt exhibiting a growth of 20.25% year...

SCI loss more than doubles 04 June 2014

Shipping Corporations of India (SCI) reported a marginal net profit for the fourth quarter of financial year (FY) 2013-14, which ended March 31, 2014, but its losses for the full year more than doubled to USD 46.4 million from USD 19.3 million in the last year.

The country’s largest shipping line made a profit of USD 2.2 million fourth quarter (January to March), reversing a net loss of USD 48 million in the same period the year before, on revenue that jumped 32% to USD 217 million.

A company official said that “Higher operating earnings coupled with tight cost controls helped the company return to profit in the previous financial quarter.”

...

JNPT marine and port charges to increase on many items June 17 04 June 2014

There will be a 12% rise in marine charges, a 40% rise in bulk and cargo fees and sundry increases in tariff items from June 18 at Mumbai's Jawaharlal Nehru Port (JNPT) Nhava Sheva Port.

As the revised rate will come into effect from midnight on June 17, all ships berthed up to 11pm on that day will be charged at the old rate, but the new higher rates will apply at an hourly basis after that.

If a ships arrives on June 15 or 16 and stays beyond the 17th, berth hire for actual number of hours up to 11pm on June 17 will be levied at old rate and thereafter at new rates.

For container handling, ships arriving up to June 17 and stay beyond that date wil...

Odisha govt. : Tenders for first riverine port by the end of July 04 June 2014

The Odisha government would invite tenders for the first riverine port proposed at Mahanadi river mouth by the end of July.

A top state official said that “WAPCOS has submitted a feasibility report on the riverine port project. The report is being studied and various aspects of the project are being finetuned. We are aiming to invite tenders for the project by the end of next month.”

WAPCOS had entered into an agreement with the state government for consultancy work and it has submitted its techno-economic feasibility report on the riverine port. The overall port capacity has been pegged at 55 mtpa, including 22 mtpa in the first phase. The total inves...

Pipapav port tops in marine exports in terms of quantity in FY 14 03 June 2014

Pipavav port continues to retain the foremost position in marine exports among the major ports in terms of quantity in FY'14. The port’s share of exports was 25.27% out of the total 9,83,756 tonnes seafood exported from the country.

Handling of low value processed fish in large quantities had helped Pipavav to emerge as the front-runner among the major ports in terms of volume. The port handled 2,48,621 tonnes in FY'14 against 2,33,738 tonnes in the previous fiscal, an increase of 6.37%, said a senior official in the Seafood Exporters Association of India (SEAI).

However, in terms of value, Vizag port came to the No 1 position overtaking Kochi port b...

Advisor EY to submit DPR on outer harbour development project 03 June 2014

In a bid to revive the mega container terminal project, the Chennai Port Trust (ChPT) has asked its Transaction Advisor EY to submit a Detailed Project Report (DPR), including cost implications, revenue sharing, engineering aspects and the types of commodities that could be handled, to the board in the next few days.

As a first step, the profile of the mega container terminal project has been changed to outer harbour development project to handle all types of cargoes instead of containers alone. While the project capacity remains at 4 million Twenty-Foot Equivalent Units (TEU) annually, the cost of the project has escalated to over INR 5,000 crore from INR 3,686 crore initia...

JNPCT receives TAMP nod to hike tariff 02 June 2014

The Tariff Authority for Major Ports (TAMP) has agreed to a tariff increase, with immediate effect, at JN Port’s Jawaharlal Nehru Port Container Terminal (JNPCT).

T.S. Balasubramanian, member, finance, at TAMP, stated in a gazette notification “an increase of 12% in the marine related charges and 40% in the container related charges and bulk cargo related charges over the existing tariff of JNPT is approved.”

The rates will be reviewed in March 2016.

...

Dighi Port to commission second berth by October 02 June 2014

Top official of the company said that Dighi Port is hopeful of commissioning its 2nd berth by October, which is a full 6 months ahead of schedule.

The Vijay Kalantri-promoted Balaji Infra Projects is developing a 70-million tonnes (mt) port on the Rajapuri creek in Raigad district on the Konkan coast and it at present operates one berth on the south bank.

Kalantri, Chairman and Managing Director of Balaji Infra Projects said that "We are hopeful of commissioning the second berth a full six months ahead of schedule by October, against our initial plan of March 2015. We are running against time as we are getting more clients.”

Balaji Infra hold...

Northern arm work order for Dredging Corporation of India likely 02 June 2014

According to sources, cargo handling is likely to go up significantly at Visakhapatnam port with the authorities deciding to issue work order on June 2 to Dredging Corporation of India (DCI) for dredging in the northern arm.

DCI, which has submitted the bids for the INR 32-crore contract along with Dharti Dredging and Infrastructure Limited, will be issued the work order on June 2 coinciding with the formation of residual State of Andhra Pradesh, the sources said.

The project, which is the last phase of dredging in the inner harbour after increasing the draft in the outer harbour, will enable arrival of panamax ships without lightening. The port authorities are ke...

CSL delivers the FPV to the Indian Coast Guard 31 May 2014

The company said, Cochin Shipyard Limited (CSL) delivered the sixth of the series of 20 Fast Patrol Vessels (FPV) being built for the Indian Coast Guard, today.

The Protocol of delivery and acceptance was signed by Shri Vinayakumar P, Director (Technical), on behalf of CSL and Commanding Officer (Designate) of the vessel Cmdt (JG) Umed Singh of Indian Coast Guard. The vessel is named “CGS AGRIM” and will be operated by the Coast Guard Station at Mumbai.

Cochin Shipyard had signed the contract for the construction of the 20 FPV for the Indian Coast Guard on 20 th October 2010.

The yard has already earlier delivered five vessels to the Coast G...

DCI bags VPT northern arm dredging project 31 May 2014

The Dredging Corporation of India (DCI) has bagged the contract for the dredging of the northern arm of Visakhapatnam Port, which is the previous of the 3 dredging works being taken up by Visakhapatnam Port Trust (VPT) to increase the navigable depths at the major port.

According to sources, Dharti Dredging and Infrastructure Limited (DDIL) and DCI had bid for the project aimed at increasing the depth of the northern arm from the existing 12.5 meters to around 16.5 meters.

The project estimated at around INR 32 crore will involve dredging of nearly 1 million cubic meters of soil from the northern arm of the VPT.

Sources said that the completion of the p...

Mormugao port registered robust growth last year 31 May 2014

Mormugao port trust (MPT) chairperson Mara Pandiyan said, MPT, which was earlier known as the "iron ore port," previous year had almost 99.9% non-iron ore activities and still registered robust growth.

The 26th board of trustees of MPT appointed for a period of 2 years from 2014 to 2016, held its 1{+s}{+t} board meeting on Friday.

The chairman, while briefing about the financial achievement of MPT for the last FY, presented the fact that the port has almost shed its mono commodity status and is now being widely recognized as a multi commodity port.

Pandiyan said, its general cargo traffic has increased by 23% during the first two months of thi...

Kakinada anchorage port cries for attention 31 May 2014

Even as the exports of rice and maize to foreign counties are going up steadily from the Kakinada anchorage port, the problems pertaining to basic infrastructure and facilities continue to haunt the exporters here.

Though there is no dearth of funds for commencing the works, the inordinate delay is being attributed to administrative reasons.

With the Central government lifting the ban on export of non-basmathi rice in September 2011, the anchorage port that was on the verge of closure had resumed its activities. Along with non-basmathi rice varieties, there has been a significant rise in maize exports.

On the very first year of the lifting of the ban, t...

PPT sets new rule for iron ore plot auction 30 May 2014

Paradip Port Trust (PPT), which has witnessed drop in revenue due to dwindling iron ore exports, has issued new set of rules to boost revenue in its latest tender notice for auction of plots used for storage of iron ore inside port area.

Unlike the last year’s auction, the auction price of all the plots this time will remain uniform as all bidders will have to match the highest price offered by the top bidder. PPT has recently floated tenders for 27 manual iron ore plots and 19 plots with mechanical loading/unloading facility. The port authorities have standardised the sizes of the plots for uniform pricing.

The mechanical plots measure 5,000 square meters (...

CM to seek transfer of MPT chief, NIT director 29 May 2014

Chief minister Manohar Parrikar will travel to New Delhi on Saturday and seek the transfer of Mormugao Port Trust (MPT) chairman P Mara Pandiyan and National Institute of Technology (NIT) director, Goa, C R C Reddy, stating that they are not cooperating with the state government.

"He (NIT director) has been in conflict with the state government and we will demand his removal," Parrikar said, adding that the NIT director has recruited most of the staff for the institute from outside the state.

Parrikar said he will meet Union HRD minister Smriti Irani and request that 50% of the seats at the Goa NIT be reserved for students from the state. The state gover...

Shipping Corporation zooms on return to profit in Q4 29 May 2014

Shares of Shipping Corporation of India (SCI) were up 16% at INR 64 after returning to profit in the fourth quarter (Q4) ended March 2014 compared to the corresponding quarter last fiscal.

The company reported a net profit of INR 13.24 crore in the Q4 compared to a loss of INR 281.44 crore in the Q4 ended March 2013.

Total income for the fourth quarter increased 31.7% to INR 1,281.94 crore compared with INR 973.57 crore in the corresponding quarter previous financial.

...

Green clearance for Vizhinjam international seaport project tender 29 May 2014

The southern bench of the National Green Tribunal (NGT) has allowed the Kerala Government to go ahead with tenders for the Vizhinjam international seaport and container terminal project.

The tribunal made the observation while hearing an appeal challenging the environmental clearance given to the project by the UPA-2 Government, official sources said.

Vizhinjam International Seaport Limited (VISL), the company that is piloting the project, may proceed with the tender procedures initiated by it to select a port operator.

Sources said that meanwhile, the tribunal has posted the next hearing in the case against the project to July 1.

A consortiu...

PPT gets Golden Peacock National Quality Award, 2014 28 May 2014

Paradip Port Trust (PPT) has become the recipient of the prestigious Golden Peacock National Quality Award for 2014 year institutes by the Institute of Directors, New Delhi.

Sudhanshu Sekhara Mishra, Chairman, PPT received the Prestigious Award at the 24th Congress on Total Quality and Leadership held at Hotel Taj Vivanta, Thiruvananthapuram, Kerala on 23 under the Chairmanship of Justice P.N.Bhagwati, former Chief Justice of India.

The award had added yet another feather in PPT’s coveted cap. PPT handled an all time record quantity of 68 million tonnes (mt) of cargo during 2013-14, being the highest throughput in 52 years. It has achieved the second highest...

Dighi port may handle ethylene for Indian Petrochemicals Corporation 28 May 2014

The first non-major private sector seaport in Maharashtra, Dighi port is holding discussions with Mukesh Ambani’s Indian Petrochemicals Corporation Limited (IPCL) to handle ethylene shipments.

IPCL’s shipments are currently handled at JN Port.

Vijay Kalantri, Chairman and Managing Director of Balaji Infra Projects said that "We are in negotiations with Reliance Industries’ logistics partner Aegis to handle its subsidiary Indian Petrochemicals’ ethylene shipments at our facility. If it works out this will majorly boost our volumes which crossed 1.1 million tonnes (mt) in FY14.”

...

Passenger vessels to call at Kollam port 28 May 2014

The government aims at making Kollam a port of call for passenger ships by Onam this year, Minister for Ports K. Babu has said.

He has said that infrastructure development of the port is being carried out in such a manner that the authorities are hopeful of achieving the target.

Babu was addressing a gathering at the Kollam cargo port complex after inaugurating the operations of a tug and a container crane at the port on Tuesday.

The work on constructing a wharf at the port for passenger ships at a cost of INR 20 crore had been tendered, Babu said.

Minor ports were being developed at Vizhinjam, Kodungalloor, Ponnani, Beypore, and Azheekkal wi...

Shipping Corp. of India may lose Navratna status 28 May 2014

Shipping Corporation of India (SCI) could lose its coveted Navratna status, as the country’s largest shipping company suffered losses for the 3rd year in a row.

Hit by the bearish freight market, the public sector company reported a loss of INR 274.66 crore for the year ended March 31, 2014. This is against the loss of INR 114 crore in 2012-13 and INR 428 crore reported the previous year.

The management will request the government to retain the Navratna status, as the company suffered losses because of the prolonged recession in shipping. “We have done our best to reduce costs and rationalise our operations. Shipping is a global business driven by glob...

Cabotage rules may be eased for movement of empty containers 27 May 2014

A top ministry official said that the Shipping Ministry, as part of formulating a coastal shipping policy, is considering a proposal to relax cabotage rules for movement of empty containers along ports.

Cabotage rules prevent foreign-flagged vessels from picking and dropping domestic cargo between various Indian ports.

It protects the domestic cargo market for Indian-flagged shipping firms.

Indian-flagged shippers, led by the Indian National Shippers Association (INSA), are against any form of cabotage relaxation.

But freight forwarders say they want ships to run on a time-table format, or regular intervals so that it can form a part of their...

Good potential to expand inland water transport system 27 May 2014

With the focus being on the Vijayawada-Guntur region which may house the new capital of the residuary State of Andhra Pradesh, professors at Acharya Nagarjuna University (ANU) feel the administration should look into the aspect of promoting inland water transport system from Vijayawada to Chennai via Buckingham canal.

The university constituted a committee to conduct a survey and submit a report on ‘Current growth drivers and future growth drivers of Guntur district’.

As part of the initiative, ANU Vice-Chancellor K. Viyyanna Rao and M. Koteswara Rao, professor, Department of Economics, suggested various measures that could be considered as future grow...

JN Port receive approval to increase rates after 17 years 27 May 2014

After 17 years of holding rates, the Jawaharlal Nehru (JN) Port near Mumbai will raise cargo-related charges by 40% and vessel-related fees by 12% with immediate effect. The rates will be reviewed in March 2016.

The port, India’s busiest container gateway, had asked for a hike of 284% for vessels charges, 218% for container cargo and 500% for bulk cargo from the Tariff Authority for Major Ports (TAMP), which fixes charges for all Union government-owned harbours.

JN Port showed a net deficit of INR 499.77 crore at the existing level of tariff in the three years between 2013 and 2016.

“Based on the deficit position, an increase of 12% in vesse...

Inland shipping to get boost from coastal baseline relaxation 26 May 2014

Inland shipping will acquire a boost with the government relaxing the baseline for inland vessels which can now move deeper into the sea.

DG Shipping Gautam Chatterjee said that "Government has relaxed the norms for inland vessels to move deeper into the sea. The baseline has been relaxed by 12 kilometer (km) from coastline which is known as territorial waters.”

Gautam Chatterjee said that "This will help inland waterways transport. Now inland ships can venture into sea to offload cargo from large ships directly and this in turn will bring huge operational cost saving for the trade.”

He said that currently, there are some 800 redun...

Dighi Port in talks with Mukesh Ambani-run IPCL to handle ethylene shipments 26 May 2014

Dighi Port is in discussions with Mukesh Ambani-run IPCL to handle ethylene shipment, which is being currently managed from the Jawaharlal Nehru Port Trust (JNPT) near Mumbai.

"We are in negotiations with Reliance Industries logistics partner Aegis to handle its subsidiary Indian Petrochemicals' (IPCL) ethylene shipments at our facility.

"If it works out this will majorly boost our volumes which crossed 1.1 million in FY14," Vijay Kalantri, Chairman and Managing Director of Balaji Infra Projects, the holding company of Dighi Port, said.

The INR 2,500-crore first phase of Dighi Port is being developed by Balaji Infra in partnership wit...

Karnataka govt. has released INR 43.55 cr for Malpe Port Development 26 May 2014

District In-charge and Urban Development Minister Vinay Kumar Sorake said, the State government has released INR 43.55 crore for the development of Malpe port and a grant of INR 133.25 crore for the welfare of fishermen.

The subsidy of INR 47.32 crore is provided on diesel; he said and added the government has also released INR 4.80 crore for the desilting in the sea at the port.

Under the Nagarotthana scheme, the government has released INR 45 crore for four Town Municipalities. It has also released INR 35 crore for supplying water and INR 50 crore for construction of drainage under KUDSEMP scheme.

The government has earmarked INR 5 crore to develop Ko...

Louis Dreyfus Armateursís arbitration notice on Haldia port dispute rejected 26 May 2014

The government has rejected the validity of a legal notice for arbitration at Kolkata Port Trust’s (KoPT) Haldia port by France-based Louis Dreyfus Armateurs (LDA). The matter is also in court.

LDA’s legal troubles with (KoPT) began after Haldia Bulk Terminal, its joint venture with ABG Infralogistics, pulled out of a 10-year agreement for cargo-handling operations at the Haldia docks in October 2012.

An inter-ministerial group, headed by Shipping Secretary Dr Vishwapati Trivedi, in response to LDA’s notice, said the company did not qualify as an investor in terms of a treaty.

LDA cannot send an arbitration notice as the contract was s...

Domestic shipping firms find LNG carriers more attractive 26 May 2014

Sources said that with increased demand for ships to transport fuel, domestic shipping cos are turning towards gas carriers as they find them more profitable at a time when the shipping market is going through a sluggish phase.

It was reported that some of the major domestic shipping firms require at least 15 ships by 2017 to ship liquefied natural gas (LNG) to meet the country’s energy needs, sources informed.

According to market analysts, 6 to seven million tonnes per annum of additional exports of LPG is expected from the US due to improved shale gas production. US exports tend to be long-haul ones because the majority of the demand is in Asia and most of...

KICT commences reefer exports 26 May 2014

Kattupalli International Container Terminal (KICT) received its first reefer unit on May 22, which was loaded on to a berthed ship. The ship sailed on the same day. Welcome Fisheries was the exporter which had this trial run of the container via KICT.

Both the exporter and the CHA (New Port Shipping) said they were pleased with the overall experience and services rendered by Customs, and the terminal and port officials.

They noted the congestion-free approach to Kattupalli, resulting in quick and easy transportation of the reefer container to the terminal.

NYK Line has been at the forefront in supporting the terminal. Its TCX service has been calling Ka...

R M Parmar takes over as Chairman MbPT 24 May 2014

Ravi M. Parmar, IAS has taken over as the Chairman, Mumbai Port Trust (MbPT) with effect from 21st May, 2014.

Parmar was Dy.Chairman, MbPT since February, 2013. He has done MA in Public Administration from Maxwell School of Citizenship and Public Affairs, Syracuse University, New York, USA.

During his career spanning more than 22 years, Parmar has held several key posts in the Central/State Government in sectors such as Health, Transport, Steel, Industrial Development, etc.

Parmar is currently holding the additional charge of Chairman, Kandla Port Trust since January, 2014.

...

CSAA to improve Kochi port fortunes 23 May 2014

The Cochin Steamer Agents Association (CSAA) will take the lead to improve the cargo throughput by organising marketing initiatives in the hinterland in association with the port management, terminal operator and various other stakeholders.

The objective is to instil confidence in the Exim trade in the neighbourhood to bring in more cargo and generate revenue, Prakash Iyer, the newly-appointed president of the Association said.

He pointed out that advantages such as skilled labour and road-, rail- and inland water-connectivity have not helped the port to leverage its brand in the international shipping arena.

He admitted that the handling costs in the I...

Great Eastern Shipping delivers Jag Padma to buyers 23 May 2014

The Great Eastern Shipping Company Limited (G E Shipping) having delivered its 1996 built Medium Range Product Tanker “Jag Padma” 47,172 Deadweight Tonnage (dwt) to the buyers.

With the delivery of this ship, the Company’s current fleet stands at 29 ships, comprising 21 tankers (8 crude carriers, 12 product carriers, 1 LPG carrier) and 8 dry bulk carriers (1 Capesize, 3 Kamsarmax, 4 Supramax) with an average age of 9.8 years aggregating 2.37 mn dwt.

...

SCI axes two more orders to build vessels 22 May 2014

Shipping Corporations of India Limited (SCI) has cancelled orders for building two vessels since April to add to the seven it had scrapped in the year ended March, as India’s biggest ship owner struggles with losses in a weak freight market.

"We have cancelled one container ship ordered at STX (Dalian) Shipbuilding Company Limited, China, and one anchor handling, towing and supply vessel (AHTSV) ordered at ABG Shipyard Limited," a spokesman for the Mumbai-based company said. AHTSVs are used to support offshore oil-drilling operations. The container ship was designed to load 6,500 standard containers.

The orders were cancelled due to delays by the s...

GCCI asks MPT for better port facilities 22 May 2014

The Goa chamber of commerce and industry (GCCI) has submitted a memorandum to new deputy chairman of Mormugao port trust (MPT) to look into various issues of port users.

The chief issue that came up for discussion was preference given by Goa pharmaceutical firms to Mumbai port for export. The pharmaceutical companies here prefer Mumbai port because of better service and lower port charges.

The GCCI and MPT will work together with Goa pharmaceutical manufacturers association (GMPA) to see what needs to be done to enhance the export of pharmaceutical products through Mormugao port.

The GCCI delegation led by Chandrakant Gawas, chairman of chamber's lo...

State govt. to reduce congestion at Ennore Port 21 May 2014

The Tamil Nadu (TN) government has started building a peripheral road skirting Chennai to facilitate easy movement of container volume to and from Ennore port and reduce congestion in an expanding city.

The highways department is in the process of preparing a detailed project report (DPR) for the 138 kilometer (km) corridor connecting Pooncheri, near Mamallapuram, on East Coast Road with Kattupalli and Ennore ports, and has estimated that more than 900 hectares of land will need to be acquired for the project that is expected to cost around 13,475 crore.

A Senior official said that the lands to be acquired along the proposed eight-lane road have been identified. &...

Visakhapatnam Port Trust to speed up draft work 21 May 2014

The emphasis laid by Visakhapatnam Port to complete dredging in the inner harbour by December to handle Panamax ships will not only give freight advantage to the users but also drastically slash waiting time of ships for cargo movement.

Chairman of Visakhapatnam Port M.T. Krishna Babu, in his meetings with officials and the users, has been harping on a two-pronged approach, viz., expediting completion of growing the draft in the inner harbour and totally reducing pollution in a time-bound manner.

The port, due to certain strategic lapses during pre-2008, could not gear up to face competition from Greenfield ports coming up in its neighbourhood, thereby losing traf...

Ravi Parmar to be new Chairman of MbPT 20 May 2014

Ravi M. Parmar, IAS (1992 batch Bihar cadre), will be taking charge as the new Chairman of Mumbai Port Trust (MbPT) on Wednesday (May 21), it is learnt.

He has been the Deputy Chairman of MbPT since February previous year. He succeeds Rajeev Gupta, IRSME, who will reportedly be taking up a position in the Ministry of Railways.

He had joined the Port as Chairman in December 2011.

An MA in Public Administration from the US, Parmar has held several key posts in the Bihar government, including Additional Secretary, Health and Family Welfare Department; Project Director, State Aids Control Society; and Executive Director, Health Services.

Prior to...

Ennore Port looking at setting up an Special Economic Zone 20 May 2014

According to MA Bhaskarachar, Chairman and Managing Director, Kamarajar Port, Kamarajar Port Limited (KPL) is exploring the possibility of setting up a Special Economic Zone (SEZ) or a Free Trade Zone on surplus land available with it.

Bhaskarachar said, the port at Ennore, about 25 kilometer (km) north of Chennai, is considering various options to utilise over 650 acres land that is available with it. It has decided to appoint consultants to study the prospects of setting up a SEZ or free trading zone (FTZ). It is also consulting with port users and has obtained five Expressions of Interest from some of the major users.

The port is one of three major ports in Che...

Indian Shipping firms turn to gas carriers to boost profits 20 May 2014

Indian shipping firms are sharpening focus on gas carriers, as this segment remains a bright spot in the otherwise lethargic shipping market.

While shipping rates across all segments have fallen after a brief winter spike during the December-January period, a spurt in demand for hauling gas has kept rates in this segment relatively stronger.

Also, this segment holds out significant opportunities for Indian companies in the medium to long term as India is estimated to need at least 15 ships by 2017 to ship LNG to meet the country’s energy needs. GAIL alone may need at least five such carriers to bring home about six million tonnes of gas every year from 2017 ...

Bunker sales at Cochin Port could triple in 3 years 19 May 2014

Bunkering at India's Cochin Port could rise from the current level of 130,000 tonnes per year (mtpa) to 400,000 mtpa in 3 years.

The port is planning a Multi User Liquid Bulk Terminal on port land at Puthuvypeen to encourage large-scale bunker trade, supported by its strategic location.

Participants in the National Level Bunker Business Meet in Kochi Thursday said development in the sector should rise.

The port and state government and customs officials have made an effort to streamline procedures for bunker sales, Director General of Shipping (DGS) Gautam Chatterjee said. Those improvements, along with the reduction of state taxes, have already pus...

APSEZ plans container terminal in Dhamra 19 May 2014

Sources said that with the Dhamra port on the east coast now in its kitty, Adani Ports & Special Economic Zone (APSEZ) plans to raise capacity at the multi-cargo bulk handling facility, including building a container terminal there in 2-3 years.

The company wanted to add 12 berths at Dhamra, one of which could be a container terminal. The port has two bulk handling berths, with an installed capacity of 24 million tonnes (mt), a source said.

Managing Director Sudipta Bhattacharya said, “We have the required environmental approvals to add the 12 berths and so, to that extent we will be making the required investments in coming months.”

He,...

Adani Ports acquires Dhamra Port for INR 5,500 cr 18 May 2014

Gautam Adani-led Adani Group, which has been under attack from the Congress and Aam Admi Party for its proximity to Narendra Modi, who is set to become India’s Prime Minister on Friday, announced the acquisition of Dhamra Port in Odisha from Larsen & Toubro and Tata Steel.

The announcement came even as the BJP was leading in the counting of votes. Adani Ports and Special Economic Zone, on Friday, said it had executed a definitive agreement with L&T Infrastructure Development Projects Limited and Tata Steel to acquire 100% stake in the Dhamra Port Company at an enterprise value of INR 5,500 crore.

“The Dhamra Port acquisition now gives...

Telugu Desam Party victory revives hopes on Bandar port 18 May 2014

The victory of the Telugu Desam Party (TDP)’s Lok Sabha and Assembly contestants in Machilipatnam has revived hopes of locals on the speeding up of the proposed deep sea port in Machilipatnam.

Machilipatnam MP Konakalla Narayana and MLA Kollu Raveendra were once front runners of the protest for completion of the proposed deep sea port.

Narayana had met then Chief Minister N. Kiran Kumar Reddy, seeking measures on war footing for land acquisition for the pending project, while Kollu Raveendra sat on a dharna for the project. In early 2014, Krishna Collector M. Raghunandan Rao had submitted a report to the government of Andhra Pradesh, estimating that INR 495 ...

Cochin Shipyard Limited Graded ĎExcellentí 17 May 2014

Cochin Shipyard Limited (CSL) has been graded as "Excellent" for the year 2013-14 for corporate governance among the Central Public Sector Undertakings.

It got an annual score of 86.75 out of 100 for compliance of guidelines set by the Ministry of Heavy Industries & Public Enterprises in 2012 for the purpose.

D Paul Ranjan assumes charge as Director (Finance) CSL D Paul Ranjan, assumed charge as Director (Finance) of CSL with effect from 1st May 2014. A chartered Accountant by profession Paul Ranjan joined the Company as Executive trainee on 17 Dec 1984.

Since then he rose up in the ranks of CSL through dedicated & committed service in...

Kochi port has potential to be bunker hub in South Asian region 17 May 2014

According to experts in the industry, Kochi port could emerge as a prominent bunker hub in the South Asian region in the next three years given its infrastructure and system.

Bunkering is the act or process of supplying a ship with fuel.

Participating at a national-level bunker business meet here, they exuded confidence that Kochi would touch four million tonnes of annual bunker sales in the next 3 years from the current 1.3 lakh tonnes a year given its geographical advantage in all spheres of maritime trade.

They said that the price competitiveness of bunker supplies from Kochi, which is comparable to major bunker ports such as Fujairah and Singapore, ...

New deputy chairman for ChPT 16 May 2014

I. Jeyakumar, an Indian Railway traffic service officer of the 1997 batch, took over as the deputy chairman of the Chennai Port Trust (ChPT), on Wednesday.

Earlier, he had served as deputy chairman at the Kolkata Port Trust (KoPT), and was also holding additional charge of chairman-cum-managing director of Central Inland Water Transport Corporation of India Limited and Hugli Dock & Port Engineers Limited.

He has done a BSc. Agriculture from Tamil Nadu Agricultural University and holds an MBA from Bharathidasan University.

...

APSEZ to pick up 100% stake in Dhamra Port for INR 5,500 cr 16 May 2014

Adani Ports and Special Economic Zone (APSEZ) today announced that it has executed a definitive agreement with L&T Infrastructure Development Projects Limited and Tata Steel Limited to acquire 100% stake in Dhamra Port Company Limited (DPCL) for an enterprise value of INR 5,500 crore.

A deep draft, all weather multi-user port located in Odisha, Dhamra Port had commenced operations in May 2011 and handled a total cargo of 14.3 million tonnes (mt) in FY14.

The acquisition would fast-track expansions at the port, which is likely to exceed 100 mt of cargo capacity by 2020. This would allow Adani Ports to fulfill its stated vision of becoming a 200 mt ports busines...

Experts for better development of bunkering business 16 May 2014

Experts at the National Level Bunker Business Meet here today stressed the need to further develop the sector. Bunkering is the act or process of supplying vessels with fuel.

The bunkering business in the city, at present at 1.3 lakh tonnes (LT) per annum of fuel, could go up to 4 LT in three years, experts said at the meet, a platform of all major stakeholders in the bunker trade in India.

In his inaugural address, Director General of Shipping, Gautam Chatterjee, appreciated the concerted efforts by Cochin Port, State Government and Customs to provide streamlined trade friendly procedures and invoked bunker suppliers and bunker traders to avail facilities at the ...

VOC port to challenge PSA terminal order 16 May 2014

V.O. Chidambaranar port (VOC) in Tamil Nadu will challenge an arbitration tribunal award that backed a demand by Singapore’s PSA International Private Limited to move to a revenue share format from a royalty model for the remaining period of its container terminal contract that ends in 2028.

A spokesman for the port said, “We will file an appeal in the Madras high court (HC) against the arbitration tribunal award when the court re-opens on 2 June after the summer recess.”

Earlier this week, additional solicitor general of India K.V. Viswanathan had advised the port to challenge the award of the arbitration tribunal, the port spokesman said.

...

MSC to launch India-US east coast service in June deploying 2,500-TEU 16 May 2014

Mediterranean Shipping Company (MSC), one of the P3 Alliance members, is commencing a direct weekly service between India and the US east coast in June operated by a fleet of nine 2,500 Twenty Foot Equivalent Unit (TEU) ships.

The service connects Mundra and Nhava Sheva to Valencia (west Mediterranean hub), New York, Norfolk, Charleston, Savannah, Freeport (Caribbean hub) and returns to Mundra via King Abdullah and Jebel Ali.

The carrier has been plying the India-USEC trade route via transshipment at Salalah (westbound) and at Jeddah (eastbound) with connections to the Far East-US east coast Golden Gate service via the Suez Canal.

The 1st sailing of the...

Essar Port Q4 net profit fall 1% 16 May 2014

Essar Ports saw a marginal drop in its net profit for the quarter ended March 31 to INR 90.8 crore, compared to INR 92.1 crore reported a year earlier.

Its revenue during the period, however, increased 5% to INR 415.5 crore from INR 396.7 crore in the year-ago period. For the whole year, it clocked a 16% increase in net profit at INR 383.7 crore and a 13% rise in revenues at INR 1,637.4 crore.

The port handled a throughput of 52.24 million tonnes (mt) during the year, compared to 54.52 mt in FY13.

Billing for more cargo than what was actually handled has helped Essar Ports deliver a good set of financials for FY14.

This becomes possible throu...

APSEZ Q4 net jumps 43% to INR 530 cr 15 May 2014

Adani Ports and Special Economic Zone Limited (APSEZ) has registered a 43% jump in consolidated net profit for the fourth quarter ended March.

The company posted a consolidated net profit of INR 530 crore for the quarter on consolidated total income of INR 1,289 crore for the quarter.

The company had posted a consolidated net profit of INR 370 crore on total income of INR 1,082 crore in the corresponding quarter of the previous year.

Annually, APSEZ’s consolidated net profit for the current year increased by 13% to INR 1,740 crore as compared to INR 1,538 crore in the last year, with a 43% increase in total income for the year to INR 5,508 crore a...

APM Terminals Pipavav scaled down its capacity expansion plans 15 May 2014

APM Terminals Pipavav, has scaled down its capacity expansion plans for containers by 10% and bulk terminals by 75%, until demand picks up and more capacity is needed.

"We can create capacity if required as all requisite regulatory clearances are in place. We had indicated last year about our plans to go slow on capacity addition for bulk cargo, as there was low visibility.

Managing director Prakash Tulsiani said that "Moreover, 10% reduction in container capacity is not significant.”

Tulsiani said that the company was "cautiously optimistic" on India's economic performance.

The company's container handling p...

CoP wants 100% hike in port charges and fees 13 May 2014

The captain of ports (CoP) hopes to see a jump in its revenue collection after its recommendation seeking 100 % augment in port charges and fees is accepted by the government.

The CoP's revenue collection nosedived from 40 crore in 2011-12 (before mining came to a halt in September 2012), to 4.4 crore in 2013-14.

The CoP doesn't see its revenue going up significantly, as and when mining re-starts in future due to 20-million ton cap imposed by the Supreme Court (SC).

A CoP official said that "Even if mining restarts it's no solace to us. We will get a pittance due to restricted mining activities.”

In the recent years the...

Shreyas Shipping and Logistics sells MV Unity ship 13 May 2014

Shreyas Shipping and Logistics has sold its vessel MV Unity for INR 17.3 crore and entered into an agreement for the purchase of a second-hand 1613 Twenty Foot Equivalent Unit (TEU) capacity ship at INR 27 crore.

The company, however, did not disclose the name of the company with which it had entered into an agreement to purchase the ship. The stock on Monday closed at INR 27.05, up 1.3% over the previous day’s close.

...

HMM unveils GDC in Mumbai 13 May 2014

Last week, Hyundai Merchant Marine (HMM) opened its new Global Documentation Center (GDC) in Mumbai.

The GDC will handle all container transport documents such as Bills of Lading (B/L) and Customs declarations originally handled by HMM overseas offices.

For the new operation, HMM has hired 90 local employees who will work at the center over three shifts, it said in a release.

...

PIL ship mv Kota Nabil maiden call at DBGT 13 May 2014

Pacific International Line’s (PIL) ship M.V. Kota Nabil made a maiden call at Dakshin Bharat Gateway Terminal (DBGT), Tuticorin. The Chairman of VOCPT Mr. A.C Bose formally inaugurated the cargo work at DBGT.

This call of PIL’s ship heralds the opening of DBGT for operations for vessels using ship’s gear.

This modern Container Terminal is expected to be fully ready for commercial operations next year. This is BAL’s first foray in to Container Terminal business in India.

Dakshin Bharat Gateway Terminal is a SPV incorporated by ABG Container Handling Private Limited, Mumbai and is the concessionaire implementing this Public Private...

Chairman says: Vizag port cargo handling capacity to be raised 13 May 2014

Port's chairman MT Krishna Babu said, the cargo handling capacity of Visakhapatnam Port would be raised to 120 million tonnes (mt) from 80 mt after completion of several projects. 

Addressing reporters after assuming charge here today, Krishna Babu said that projects worth around INR 2,500 crore, were being executed in the port in the public-private partnership (PPP) mode as per Government of India's norms. 

He said that according to the Government of India's maritime agenda, INR 10,000 crore would be spent on several projects in Viskhapatnam port by 2020. 

Dredging in the outer harbour had been completed and with modernisatio...

New chairman sees bright future for Visakhapatnam port 12 May 2014

The new Chairman of Visakhapatnam port, M T Krishna Babu, who assumed charge here on Monday morning, said that projects worth INR 2,500-3,000 crore were in execution and after their completion, the capacity would increase to 120 million tonnes from the present 80 mt and there would be no looking back for the port.

Babu said that many of the projects were taken up in the public-private partnership (PPP) mode in accordance with the guidelines laid down by the Government of India. These projects would enable the port to reduce pollution and also to face competition from the private ports.

He said Visakhapatnam was being developed as a landlord port.

He sai...

Cargo operations at DBGT inaugurated 12 May 2014

Pacific International Line’s (PIL) M.V. Kota Nabil made a maiden call at Dakshin Bharat Gateway Terminal (DBGT) in Tuticorin after Chairman of VOC Port Trust A. Chandrabose formally inaugurated the cargo operations at the DBGT on Sunday.

This maiden call of PIL’s ship heralded the opening of the DBGT for operations for the vessels using ship’s gear.

Dakshin Bharat Gateway Terminal is a special purpose vehicle incorporated by ABG Container Handling Private Limited, Mumbai, and is the concessionaire implementing this Private-Public Partnership (PPP) project at Berth Number 8 of VOC Port Trust in Tuticorin.

The DBGT has appointed a subsid...

Port workers stir enters 106th day 12 May 2014

A relay hunger strike by the Cochin Port Joint Trade Union Forum, demanding a better deal for the Cochin Port Trust (ChPT), clocked 106 days on Sunday even as the port’s financial troubles appeared to deepen despite a marginal rise in cargo throughput for the year 2013-14.

Cargo throughput went up to 20.88 million tonnes (mt) during the last financial year, a marginal increase over the previous year’s 19.85 mt.

However, sources in the Board of Trustees said the port was headed for record financial loss for the year just ended. The accounts are expected to come up before the Board at its meeting scheduled for the end of May.

The combine of tr...

New container terminal to function from today 11 May 2014

The export-import traders of the hinterland and port users are happy as the much-awaited second container terminal facility is all set to be operational at berth 8 of V.O. Chidambaranar Port here on Sunday.

The facility is expected to ease congestion in the port and also boost exports to spur economic growth of the region. J.P. Joe Villavarayar, port user and Managing Director of Villavarayar and Sons, said here on Saturday that more cargo liners could call on Tuticorin port.

Dakshin Bharat Gateway Terminal, Mumbai, had signed a concession agreement with the V.O. C. Port Trust in September, 2012, to convert the 8th berth into a container terminal from a general ca...

SCI appoints Sarveen Narula as director 10 May 2014

Shipping Corporation of India Limited (SCI) has informed BSE that Capt. Sarveen Narula, SVP, SCI has been nominated as Director (L&PS) in the SCI, Mumbai for a period of five years from the date of assumption of charge of the post on or after May 01, 2014 or till the date of his superannuation or until further orders, whichever is the earliest.

...

Indiaís 12 major ports handle 47 mt cargo in April, up 9% 10 May 2014

India's 12 major ports handled 47 million tonnes (mt) cargo, up 9% year-on-year, in April - the first month of the present fiscal year.

An official statement by the Shipping Ministry said that "Tuticorin Port (V.O. Chidambaranar) recorded highest growth in traffic by 36.3% previous month followed by Mumbai (31%) and Murmugao (23.2%) in comparison to the April month previous year.”

Kandla port handled over 6.9 mt cargo last month, the highest among the ports, with a share of 14.7%, followed by Paradip port which handled over 6.4 mt.

The statement said that "In all, over 47 MT (cargo) was handled previous month by various major ports o...

Krishna Babu leads race for VPT chief 10 May 2014

After being without a full-time chairman for nearly a year, the Visakhapatnam Port Trust (VPT) is expected to see a new chairman take over during the next week or two, soon after the electoral process is completed in the country.

Nearly 30 contenders had pitched their names for heading VPT, which is currently the fifth largest major port out of the existing 12 in the country in terms of cargo handling, according to sources.

Sources said that MT Krishna Babu, secretary to AP's infrastructure and investment department, who was earlier the Greater Hyderabad Municipal Corporation (GHMC) commissioner, is said to be the front runner for the post. Other names doing t...

Development of Kalingapatnam and Bhavanapadu as minor ports remains neglected 09 May 2014

Development of Kalingapatnam and Bhavanapadu as minor ports remained only on papers though both of them can spur economic activity and curb migration of labourers from the district.

Both of them used to act as economic hubs during the British and the Dutch regimes. They were ancient harbour towns. Perfumes, textiles and other goods were exported to other countries from those ports. The operations were stopped in those places long ago.

Andhra Pradesh was the first maritime State to recognise the need for improved port infrastructure and the role that the private sector would be required to play in developing the same.

The State prepared a document accord...

Offshore business buoys Great Eastern Shipping 08 May 2014

The offshore business of Great Eastern (GE) Shipping Company Limited is what makes the shipping company sail through comfortably in these rocky times for the sector.

It has been the case for some time now and the March quarter was no exception. The offshore business contributed almost half of the revenue last quarter and the remaining came from shipping.

Overall, GE Shipping’s total consolidated operating revenue for the March quarter improved by 3% over the same period last year to INR 799 crore.

Revenue growth was helped by an increase in offshore segment revenues that compensated for a decline in shipping revenue.

The shipping busine...

India seeks funds to boost coastal shipping 08 May 2014

India's Shipping Ministry is seeking help from the World Bank's Global Environment Fund (GEF) to develop the domestic marine transport of goods.

The Ministry argues that making coastal shipping more attractive would reduce road congestion and transportation costs.

The government proposal would include direct financial assistance and priority berthing facilities for coastal ships at government-owned major ports, where ocean-going ships are now given priority.

SK Shahi of coastal service operator SKS Logistics said that "Getting a berth on time is a major issue hurting the coastal service now.”

"Dedicated facilities at a...

Shipping Ministry appoints D. Mahadevaiah as a new traffic manager 08 May 2014

The Union Shipping Ministry has appointed D. Mahadevaiah as Traffic Manager of New Mangalore Port Trust (NMPT).

He had assumed charged on May 6. Mahadevaiah has served in various capacities in the traffic department of NMPT for more than 30 years, a press statement by NMPT said.

The statement said that he was closely associated with the introduction of container traffic and biometric attendance system for labour booking. He holds a postgraduate in political science from Mysore University.

...

APSEZ continues to ride the hope wave 08 May 2014

Adani Ports & Special Economic Zone Limited (APSEZ), despite the 28 %returns delivered by the stock over three months. In the same period, the broader markets have risen 9.5%.

Adani Ports is presently trading at a 39% premium to the broader markets, but this is no different from other port assets across the world, claims Morgan Stanley, as these assets tend to have stable cash flows. Obviously, the expectations of a favourable government coming to power is one of the reasons, there are several fundamental factors that could also contribute to the stock’s continued outperformance.

A key driver of this stock is expected to be the steady growth in traffic a...

PSA Singapore bags contract to develop fourth container terminal at Navi Mumbai 08 May 2014

PSA Singapore on Tuesday signed an contract with Jawaharlal Nehru Port in Navi Mumbai to develop its fourth container terminal, entailing an investment of INR 8,000 crore.

The project involves developing a capacity to handle 4.8 million twenty-foot-equivalent-unit (TEU) containers a year in 2 phases.

PSA has to submit a bank guarantee of INR 375 crore for the project.

A Shipping Ministry source said that “It has already submitted INR 75 crore and the remaining INR 300 crore will have to be submitted in 80 days.”

Earlier this year, PSA bagged the project by offering to share 35.9% of revenue. The contract allows PSA to design, fina...

GE Shipping Q4 Net down at INR 67 cr 08 May 2014

Great Eastern (GE) Shipping on Wednesday reported a 20% fall in net profit at INR 66.84 crore for the quarter ended March 31, mainly due to hike in fuel prices.

The company had posted a net profit of INR 83.73 crore in the corresponding period of last financial year (2012-13), GE Shipping said in a stock exchange filing.

The company’s total income from operations stood at INR 798.77 crore for the review period as against INR 775.28 crore in the same period last fiscal.

The expense on fuel, oil and water during the quarter was INR 105.19 crore as against INR 82.60 crore in the previous fiscal (2012-13).

GE Shipping’s net profit for...

Cargo volume at 12 major ports up by 8.9% at 47.37 mt during April 07 May 2014

Cargo volume at 12 major ports in the country recorded an boost of 8.90% at 47.37 million tonnes (MT) during April as against a year-ago period.

The cargo handled by 12 major ports stood at 43.50 MT in 2012-13.

Kandla port handled the highest 6.94 MT traffic during February, followed by 6.41 MT cargo by Paradip Port and 5.42 MT by Jawaharlal Nehru (JN) port, as per the data by Indian Ports Association (IPA).

Mumbai port recorded 5.05 MT traffic while Visakhapatnam Port received 5.01 MT cargo and Chennai Port 4.39 MT traffic.

These ports had handled 555.50 MT cargo in 2013-14 recording a marginal increase of 1.78% over the previous year.

...

GPPL hits record high after strong Q1 earnings 07 May 2014

Gujarat Pipavav Port Limited (GPPL) surged 6.99% to INR 95.65 at 9:16 IST on BSE after net profit jumped 72.51% to INR 61.02 crore on 25.49% growth in total income from operations to INR 156.20 crore in Q1 March 2014 over Q1 March 2013.

The Q1 result was announced after market hours on Tuesday, 6 May 2014.

On BSE, so far 74,000 shares were traded in the counter as against average daily volume of 1.80 lakh shares in the past two weeks.

The stock hit a high of INR 95.80 so far during the day, which is a record high for the counter. The stock hit a low of INR 92 so far during the day.

Exceptional item in Q1 March 2014 represents payment made by ...

Shipping COS hope freight market will improve after July 07 May 2014

Shipping firms had to navigate a sedate freight market in the last 3 months after experiencing some spikes in the tanker and dry bulk rates during the December-January period.

Shrinking trade volumes, especially those from China, and the glut in the shipping tonnage due to addition of new ships led to the fall in freight rates.

AR Ramakrishnan, Managing Director of Essar Shipping said that “We expect the markets to pick up from the current low levels after July-August, as there are indications that Chinese export-import trade could gather some momentum.”

Last quarter earnings will thus be under pressure for most shipping companies, especiall...

Odisha, WB, KoPT agreed in SC to resolve port expansion issue amicably 06 May 2014

Odisha Government, the Kolkata Port Trust (KoPT) and the West Bengal (WB) government agreed in Supreme Court to resolve port expansion issue amicably.

The dispute between Odisha government and KoPT originated in 2010 when it came to know that KoPT has extended its operation limit beyond Kanika island in the state.

The state government, however, moved the Orissa High Court (HC) as the Union Shipping Ministry justified a notification in which the KoPT's operational area was extended without taking consent of the state.

The dispute between the Odisha government and KoPT authorities had reached the Supreme Court (SC) with Union shipping ministry also be...

Centre moots alternate plan to boost Indian Shipping 06 May 2014

An official said that the Centre has mooted an alternate plan to boost Indian flag bearing liners and offer some benefits that are enjoyed by foreign liners.

DG shipping Gautam Chatterjee said, "We have decided an alternate plan to offer some competitive advantage to Indian liners. A proposal has been sent to Ministry of Shipping to introduce a concept of Indian controlled tonnage.”

Indian controlled tonnage will be a category for foreign flag carriers with Indian management.

Chatterjee said that "With this, foreign flag liners controlled by Indian owners can register in India and get all tax benefits and cheaper credit that foreign flag...

MSC to launch direct service between India and US 06 May 2014

Mediterranean Shipping Company S.A. (MSC) has announced the launch of a direct service between India and the US.

The ‘Indus Express’ service will deploy 9 x 2,500 Twenty Foot Equivalent Unit (TEU) vessels and offer a fixed-day, weekly service with the following port rotation: Mundra, Nhava Sheva (NSICT), Valencia, New York, Norfolk, Charleston, Savannah, Freeport, King Abdullah Port, Jebel Ali, Mundra.

The service will commence with its maiden call at Mundra on June 4, 2014, and Nhava Sheva on June 7.

This new service is a response to strong market demand and will meet the expectations of MSC’s clients for a direct all-water service be...

SCI appoints 5 Directors 06 May 2014

5 persons have been nominated as Non-official part-time Directors on the Board of Shipping Corporation of India Limited (SCI) for a fixed tenure of three years from the date of notification of their appointment or until further orders, whichever is earlier.

The new directors are R. Santhanam, Dr. V. Gopal, Shri Ashish Makhija, P. Umashankar and N. C. Sridharan.

Shares of SCI was last trading in BSE at INR 40.55 as compared to the previous close of INR 42.1. The total number of shares traded during the day was 122559 in over 1870 trades.

...

SC interim stay on scrapping IMS Vikrant 06 May 2014

In a minor victory to save Indian Museum Ship Vikrant, which played a significant role in India's victory over Pakistan in the 1971 war, a Supreme Court (SC) division bench of justices Radhakrishnan and Vikramjit Sen, on Monday, stayed scrapping it till further hearing.

The historical warship was auctioned and sold last month to the highest bidder, IB Commercial Private Limited, for INR 60 crore.

The apex court has also issued notices to the ministry of defense (MoD), Maharashtra government and the buyer asking them to maintain status quo. IB Commercial, which bought the ship, cannot now tow it from Mumbai port where it is anchored.

Paingarkar had i...

Exporters may enjoy 50% freight subsidy 06 May 2014

Exporters are likely to enjoy a subsidy of up to 50% on total freight charges paid on shipment of merchandise through ports outside Odisha.

The draft export policy says the state government will reimburse up to 50% of the cost of transportation paid by exporters at ports outside the state provided ports within the state do not have facilities for handling such cargo.

Exporters would also get incentives for publicity and exposure of up to 50% of the total cost subject to a ceiling of INR 50,000. But such incentives will be allowed only in case of select reputed trade fairs. Besides, firms availing travel support from government of India under similar sche...

CSL appoints D Paul Ranjan as a new finance director 05 May 2014

The shipbuilding company said in a press release, D Paul Ranjan, assumed charge as Director (Finance) of Cochin Shipyard Limited (CSL) w.e.f 01 May 2014.

A chartered Accountant by profession Shri Paul Ranjan joined the Company as Executive trainee on 17 Dec 1984. Since then he rose up in the ranks of CSL through dedicated & committed service in various capacities in the last 3 decades.

Cochin shipyard is one of the leading shipbuilding & repair yard in India, which has an infrastructure that combines economy, scale, and flexibility, and has ISO 9001 accreditation.

CSL also has an exclusive area set for offshore construction and future expansion....

PPT sets new record in crude oil cargo discharging 05 May 2014

The Paradip Port Trust (PPT) sets a new record in crude oil cargo discharging on May 3, 2014.

MT Spartan Warrior, a crude oil tanker, discharged 1.96 lakh metric tonne of crude oil at the Single Point Mooring (SPM)-2 in less than 24 hours surpassing the previous record of 1.71 lakh mt from another tanker MT G Whale on March 11, 2013.

The crude oil being imported by the Indian Oil Corporation Limited (IOCL) is pumped to Haldia, Barauni IOCL refineries through pipelines from here. Presently there are 3 Single Point Mooring berths covering about 18 miles from the PPT harbour which can accommodate Very Large Crude Carrier (VLCC).

...

Bangladesh agrees to allow India to use waterways to Ashuganj port 04 May 2014

Bangladesh has agreed to allow India to use its waterways to Ashuganj river port on Meghna, about 37 km from here, for carrying food grains from Kolkata to Tripura. 

Bangladesh government agreed to a request by the Centre to use its waterways up to Ashuganj port from Kolkata to carry 10,000 million tonnes (mt) of food grains and more than 500 trucks would be engaged by that country's government, Principal Secretary, Food and Civil Supply department B K Roy said.

Roy said that "We have been immensely benefitted as Bangladesh has given us this facility.”

The distance between Kolkata and Agartala via hilly areas...

D Paul Ranjan assumes charge as Director (Finance) of CSL 03 May 2014

D Paul Ranjan has assumed charge as Director (Finance) of Cochin Shipyard Limited (CSL).

A chartered Accountant by profession, Paul Ranjan, joined the company as Executive trainee in December, 1984.

A CSL press release said that Since then he rose up in the ranks of CSL through dedicated and committed service in various capacities in the last three decades.

...

State govt. seeks access to Bangladesh port for transporting essential commodities 02 May 2014

The Government of Tripura has sought access to Ashuganj Port in Bangladesh for transportation of essential commodities to the state from the neighbouring country, following the suspension of railway services to the state.

Owing to its landlocked nature and hilly terrain, the northeastern region often faces problems in the supply of food and other essential commodities.

The government has been trying to coordinate with Bangladesh, which shares a long boundary with Tripura, to make use of its territory for the conveyance of goods to Tripura as well as other northeastern states.

The Tripura Government recently approached the Union Ministry of External Affa...

Great Eastern ship out tanker 02 May 2014

Great Eastern (GE) Shipping of India has continued its fleet renewal effort with the sale of one of its older products tankers. GE says the 47,172 Deadweight Tonnage (dwt) Jag Padma (built 1996) will be delivered to its new owners this month.

The company does not give any indication of how much the ship has fetched in revealing the deal to investors.

VesselsValue.com prices the tanker at USD 7.3m for further trading, above its USD 4.5m scrap value.

The statement said that GE is left with a fleet of 30 vessels, including 22 tankers.

...

US vessel case hearing on May 8 01 May 2014

A local court here on Wednesday evening posted the hearing of detained US vessel case to May 8.

The petition filed by Chacko Thomas of Advan Fort, a US company of the detained ship ‘Seaman Guard Ohio,’ for releasing the ship from Tuticorin port, came up for hearing.

After hearing the arguments, Judicial Magistrate, C. Kathiravan posted the hearing to May 8. The ‘Q’ branch police sought time for filing counter affidavit in the case.

The ship was detained on October 18, 2013 on charges of trespassing into Indian waters and possessing weapons.

...

PPT set a new record in crude oil cargo discharging 30 April 2014

The Paradip Port Trust (PPT) on Saturday set a new record in crude oil cargo discharging.

MT Spartan Warrior, a crude oil tanker, discharged 1.96 lakh metric tonnes of crude oil at the Single Point Mooring (SPM)-2 in less than 24 hours surpassing the previous record of 1.71 lakh mt from another tanker MT G Whale on March 11, 2013.

The crude oil being imported by the Indian Oil Corporation Limited is pumped to Haldia, Barauni IOCL refineries through pipelines from here. Presently there are 3 Single Point Mooring berths covering about 18 miles from the PPT harbour which can accommodate Very Large Crude Carrier (VLCC).

...

Air India to sell 3 remaining Boeing B777-200 LR aircraft 30 April 2014

Air India has put its 3 remaining Boeing B777-200 LR airplanes for sale, about four months after selling 5 of these planes to Abu Dhabi-based Etihad Airways.

The airline has floated tender on the sale of these planes and expects to hear from prospective bidders by the middle of May, according to senior Air India officials.

Some of the potential bidders for the B777s, this time around, could be leasing aviation firms and Etihad Airways which bought five of these planes from the airline previous December, another Air India official said.

The competitive global bidding for the three B777 close on May 12. The commercial bids for the aeroplanes are slated to...

Cochin Port sees upward trend in cargo handling in FY 2013-14 30 April 2014

The Cochin Port has exceeded the cargo-handling figures of the previous financial Despite adverse situations, Total cargo handled for the year stands at 208.9 lakh tonnes, as against the throughput of 198.4 lakh tonnes in 2012-13.

This is the highest cargo throughput at the port in a year and shows a growth rate of 5.25%.

The Cochin Port witnessed a major growth in cargo handling at Willingdon Island. ‘’Break bulk cargo, including timber, grew by 40.8%, Port authorities said.

The bulk cargo, including cement, showed a marked increase of 17.2% and and oil cargo, another major component, also improved by 3.1% over the previous year’s fig...

Varun Shipping to discontinue offshore and VLGC businesses 30 April 2014

The company said that Varun Shipping, India’s largest liquefied petroleum gas (LPG) tanker operator, is mulling discontinuing its offshore and very large gas carrier (VLGC) businesses which would halve its debt from about INR 1,600 crore as on December 31, 2013.

The sale of offshore business was expected to fetch INR 700 crore to INR 750 crore, while it would earn another INR 360 crore through sale of the two VLGC.

The company, which sold its 1992-built VLGC for USD 30 million (INR 180 crore), is now planning to sell the second one.

The Chairman and Managing Director, Yudhishthir Khatau, said, Varun Shipping is concentrating on mid-sized liquefied...

Ministry of Shipping to launch new port projects worth INR 13,700 cr 29 April 2014

The Ministry of Shipping has drawn up another ambitious aim to award over 35 ventures worth over INR 13,700 crore and plans to add about 259 million tonnes (mt) capacity this year.

However, this time, the shipping ministry will shift its focus from capacity augmentation projects like in the past to port infrastructure and connectivity projects, the lack of which has often been highlighted by private developers.

About 23 projects worth INR 5,202 crore will be taken up on a priority basis while the rest have been marked as standby projects, officials said.

"We've awarded enough capacity enhancement projects and should now focus on implementing th...

VOC port dithers on challenging arbitration award favouring PSA 29 April 2014

VO Chidambaranar port (VOC) in Tamil Nadu could face a potential revenue loss of at least INR 1,521 crore if it doesn’t challenge a tribunal decision to move to a revenue-sharing format from a royalty model for its container terminal deal with Singapore’s PSA International Private Limited that ends in 2028.

The port should challenge the award of the three-member arbitration tribunal, lawyer T.R. Rajagopalan has advised.

PSA Sical Terminals Limited, which has been operating the container terminal at Chidambaranar port (formerly known as Tuticorin port) since 1998, is 62.5% owned by PSA International, a unit of Temasek Holdings Private Limited, Singapore...

CMA CGM hikes rates from Asia to to Jeddah, Ain Sukhna, Aqaba, Djibouti, Port Sudan, Aden and H 28 April 2014

CMA CGM plans to implement General Rate Increase (GRI) for all containerized cargo shipments from all Asian ports (including Japan, South East Asia and Bangladesh) to Jeddah, Ain Sukhna, Aqaba, Djibouti, Port Sudan, Aden and Hodeidah, the shipping company said in its press release. The GRI effective as of May 15, 2014 will be: USD 300 Twenty Foot Equivalent Unit (TEU).

...

Cargo throughput of Tuapse Commercial Seaport down 3% 28 April 2014

In January-March 2013, Tuapse Commercial Seaport OJSC handled 3.3 million tonnes (mt) of cargo (-3%, year-on-year).

According to the statement, the negative dynamics should be attributed to the 20-pct reduce in transshipment of oil cargo to 1.8 mt because of the redirection of export crude flow and unfinished reconstruction of Tuapse refinery.

From the beginning of the year, transshipment of dry cargo climbed by 28% to 1.6 mt driven by increased grain shipments (4.9 times to 0.4 mt).

Coal transshipment declined by 9% to 0.6 mt, export of ferrous metal climbed by 8% to 0.4 mt.

Transshipment of export cargoes (97% of all operations) declined by...

Submarine INS Vagli towed back to Chennai port 28 April 2014

The Tourism Department’s plans to set up a maritime heritage museum at Mamallapuram suffered a minor setback as the private contractor’s efforts to tow the decommissioned submarine INS Vagli to shore failed despite several attempts.

It may be recalled that the Vela-class submarine was moved from Chennai Port to Mamallapuram on April 6.

A channel of about 100 metres was dug some two months back to facilitate the easy movement of the submarine from the high seas to the shore. However, over time, the channel got filled with sludge, making it impossible for the submarine to move.

Immediately, the private contractor deployed steel plates with rol...

YSR Congress nominee favours increase in berths at Krishnapatnam port 27 April 2014

YSR Congress nominee for Tirupati Lok Sabha constituency V. Vara Prasada Rao has asserted that the overall strength of the berths should be increased to its full capacity of 42 at the Krishnapatnam Port so as to boost the economic activity in the South coastal area.

He expressed confidence over the support of the electorate of the 3 coastal Assembly segments of Sarvepalli, Gudur, and Sullurupeta and one upland constituency of Venkatagiri, which fall in the Tirupati Lok Sabha constituency limits.

Rao arrived here as part of his electioneering in the coastal segments. He criticised the long-time MP and Congress leader Chinta Mohan for not utilising the opportunity p...

NMPT appoints Chivkula Ramani as a new FA&CAO 26 April 2014

Chivkula Ramani has been appointed as FA&CAO (Financial Advisor and Chief Accounts Officer) of New Mangalore Port Trust (NMPT) by the Union Ministry of Shipping. Prior to this, he was working as Manager (Finance) in Jawaharlal Nehru Port Trust (JNPT) from December 2005.

A press statement by NMPT said here that Ramani is an associate member of the Institute of Chartered Accountants of India, member of Institute of Cost Accountants of India, and Company Secretary from Institute of Company Secretaries of India.

...

Vizhinjam International Seaport hearing on May 2nd 26 April 2014

The Union ministry of environment and forests (MoEF) on Friday informed the southern bench of the national green tribunal that it had granted environmental clearance (EC) to expand a port at Vizhinjam, near Thiruvananthapuram, by Vizhinjam International Seaport Limited (VISL), after considering the views of the state government and reply of the people.

When the matter came up before the bench comprising judicial member, Justice M. Chockalingam, and expert member R. Nagendran, counsel for the Union ministry, C. Sangamithrai, submitted that an expert appraisal committee (EAC) had also considered the project proponents and Indian Navy and Coast Guard officials had also filed a ...

Ukrainian national dies in cargo ship in V.O. Chidambaranar Port 26 April 2014

Schevchenko Yuri, a 56-year-old Ukrainian national, was found dead in a cargo ship, m.v. Cardinal , berthed at the V.O. Chidambaranar Port (VOC) here on Friday.

Sources said that the ship flying the flag of the Marshal Islands from Morocco carried phosphate powder for the chemical industries here.

The vessels was chartered by an U.S. company and berthed here since April 23.

Yuri, an electrical engineer, was last seen reading a book on the third deck of the vessel at 9 p.m. Thursday, Thermal Nagar Inspector of Police L. Raju said, after holding preliminary investigations.

There was a minor abrasion on the left leg, but the Port Medic...

Major ports saw 22% jump in thermal coal cargo at 71.60 mt 2013-14 24 April 2014

Amid widening demand-supply gap and increased requirement of dry-fuel, the country’s major ports saw 22% jump in imported thermal coal cargo at 71.60 million tonnes (MT) in 2013.

According to the latest data by the Indian Ports Association (IPA), handling of coking coal, which is used mainly for steel-making, witnessed an 18.26% increase, ranging from 18 to 33.12 mt.

These 12 major ports had handled 58.65 mt and 28 mt of thermal and coking coal, respectively in 2012-13.

Altogether, they handled 105 mt coal during the last fiscal, against 87 mt in 2012-13.

India has 12 major ports — Kandla, Mumbai, JNPT, Marmugao, New Mangalore, Co...

NMPT gets new financial advisor in Ramani 24 April 2014

Union ministry of shipping has appointed Chivkula Ramani as the financial advisor and chief accounts officer of New Mangalore Port Trust (NMPT). Ramani took charge on April 11. Prior to his present assignment, Ramani was working as manager (finance) in Jawaharlal Nehru Port Trust (JNPT) from December 2005. Ramani has masters degree in commerce, is an associate member of Institute of Chartered Accountants of India, New Delhi.

Ramani is also a member of The Institute of Cost Accountants of India, Kolkata and company secretary from Institute of Company Secretaries of India, New Delhi.

Ramani who also holds a post-graduate diploma in management science and computer sc...

Odisha govt. gives in-principle approval to allot land for Dhamra port 24 April 2014

Paving the way for second phase expansion of Dhamra port, an equal joint venture (JV) between the Tatas and Larsen & Toubro (L&T), the Odisha government has given in-principle nod to allot land.

Dhamra Port Company Limited (DPCL), a special purpose vehicle implementing the port project, had sought 745 acres of land to facilitate its second phase expansion estimated to cost INR 10,000 crore.

DPCL has 300 acres of surplus land that will also be used for the Phase-II upgrade that will see port capacity being ramped up to 100 million tonnes per annum (mtpa) from 25 mtpa presently. DPCL needed around 1,000 acres to go ahead in its expansion plan.

A t...

Cargo volume at 12 major ports up by 1.78% at 555.50 mt in 2013-14 24 April 2014

Cargo volume at 12 major ports in the country recorded a marginal increase of 1.78% at 555.50 million tonnes (MT) during 2013-14. 

The cargo handled by 12 major ports stood at 545.79 MT in 2012-13. 

Kandla port handled the highest 87 MT traffic during 2013-14, followed by 68 MT cargo by Paradip Port and 62 MT by Jawaharlal Nehru port, as per the data by Indian Ports Association (IPA). 

Mumbai port recorded 59 MT traffic while Visakhapatnam Port received 58 MT cargo. Chennai Port received 51 MT traffic. 

These ports had handled 560.13 MT of cargo in 2011-12 while the same was 596.03 MT in 2010-11. The present...

Cochin Port has exceeded the cargo handling figures of the last FY 23 April 2014

The Cochin Port has exceeded the cargo handling figures of the previous financial. Total cargo handled for the year stands at 208.9 lakh tonnes, as against the throughput of 198.4 lakh tonnes in 2012 to 2013.

This is the highest cargo throughput at the port in a year and shows a growth rate of 5.25%. Port authorities said that the Cochin Port witnessed a major growth in cargo handling at Willingdon Island. Break bulk cargo, including timber, grew by 40.8%.

The bulk cargo, including cement, showed a marked increase of 17.2% and and oil cargo, another major component, also increased by 3.1% over the last year’s figure and the container handling grew by 3.4%.

Japanese Cos to invest in Indian ports sector 23 April 2014

The Japanese trading houses of Mitsui & Company and Sumitomo Corporations have decided to put plans to invest in the Indian port sector on hold, despite having indicated an interest for more than a year.

Sumitomo noted that it had been looking to invest in Indian ports given Japan's burgeoning trade ties with the South Asian state and in the anticipation of further growth in the future.

However, in recent months, it had decided to slow down activities “because the assets of private Indian ports are generally high compared to other countries”.

Both firms had wanted to acquire either a minority stake in a terminal or even assume operat...

WAPCOS pegs Odisha port capacity at 55 mtpa 23 April 2014

Water and Power Consultancy Services (WAPCOS) has pegged the total capacity of the first riverine port proposed in Odisha at 55 million tonne per annum (mtpa).

WAPCOS had earlier entered into an agreement with the Odisha government for consultancy work on the riverine port planned at Mahanadi river mouth. It has recently submitted its techno-economic feasibility report.

A senior government official said that “WAPCOS has already submitted its feasibility report. We are examining it. The report says it is feasible to develop the riverine port. The overall port capacity has been pegged at 55 mtpa, including 22 mtpa in the first phase. The total invest...

Tripura govt. presses for access to Bangladesh port 22 April 2014

...

Chennai Port Trust moots termination of export cargo at CFS 22 April 2014

The Chennai Port Trust (ChPT) has suggested the termination of export cargo at the Container Freight Stations (CFS) on a trial basis from May 1.

Though there were 32 CFS in the city, the seal verification of factory stuff containers was being done only at the Madhavaram CFS on 24X7 basis and hence most of the exporters prefer to go there. In the absence of adequate number of Customs officers at the CFS, clearance of cargo and containers invariably got delayed leading to congestion on arterial roads, sources said.

Nearly 50% of the vehicles arrived at the Port zero gate without documents, particularly Form-13, thus blocking the movement of other cargo and container...

MbPT observes fire service day 21 April 2014

Ravi Parmar, Dy.Chairman, Mumbai Port Trust (MbPT) placed a wreath to pay homage to the firemen who laid down their lives while fighting fire in Bombay Docks in 1944 which is commemorated as the Fire Service Day at a function organized on 14th April 2014.

The function included general salute by the Port Fire Service, Civil Defence Volunteers, CISF, Security Staff of MbPT, Naval Dockyard Fire Service, Maharashtra Fire Service Academy, Civil Defence Mobile Column and Mumbai Fire Brigade.

The function was attended by dignitaries and Heads of Departments of MbPT. As a special guest, Ferdinand Roberts came all the way from Australia to pay homage to his father Late Fer...

12 major ports see 2% rise in cargo traffic growth 21 April 2014

Things are looking up in the maritime sector, with the 12 Government-owned major ports registering a 1.78% growth in traffic for the period between April 2013 and March 2014.

As the growth has come after 2 years of falling cargo traffic, ports are hoping for some recovery this year.

Hemant Bhattbhatt, Chief Executive Officer, Hmsa Consultancy Services LLP said that "Economy had hit a rough patch but now there are signs of improvement. Manufacturing, trade etc are expected to go up, which should drive the traffic. The economy should benefit if we get a stable Government.”

The increase in traffic volumes is also an encouraging sign for ports an...

Gujarat Pipavav Port clips capital expansion aim to INR 460 cr 19 April 2014

Gujarat Pipavav Port has reduced its capital expansion target to INR 460 crore and decided not to add any more capacity on the bulk cargo front and container handling.

The company had earlier announced it will infuse USD 199 million or INR 1,100 crore for expanding its container handling and bulk capacities.

"The documented delays in commissioning of coal based power plants around Pipavav (made) prospects on the expanded bulk capacity unclear in the immediate future," it said in a statement today.

It added that additionally, a recent change in Indian Railway's tariffs on bulk commodities has also impacted its margins as compared to the com...

Gujarat Pipavav port plan to build a container berth 18 April 2014

Gujarat Pipavav, run by AP Moller-Maersk group, dropped its plan to build a new container berth at its port and put its plan to boost bulk cargo handling capacity on hold, thus slashing the cost of expansion to USD 76 million from USD 199 million earlier.

The company, in a regulatory filing on BSE, said that against the earlier to plan to build 348 meter new container berth, it will now just look at strengthening its present multi-purpose berth to handle more container cargo.

Container handling capacity at the end of expansion will jump from 850,000 Twenty Foot Equivalent Units (TEU) to 1.35 million TEU. It was earlier supposed to go up to 1.50 million TEU. The Pi...

12kg of gold worth INR 3.6 cr at Mundra port 18 April 2014

Directorate of Revenue Intelligence (DRI) seized 12 kg gold worth INR 3.6 crore at Mundra port on Wednesday night.

As many as 12 gold bars weighing 1 kg each were concealed in lumps of zinc die cast scrap brought at the port in a cargo container.

DRI officials detained a container on Wednesday night which was imported from Dubai in the name of a Rajkot-based firm that had declared goods as zinc die cast scrap. Upon examination of declared goods, the DRI officers separated 95 pieces of lumps of zinc die cast scrap.

The pieces recovered were broken and it was found to be containing one rectangular case-in in each of them. Upon breaking the case-in, one kg...

Large timber ship calls at NMP 17 April 2014

New Mangalore Port (NMP) received a large timber ship, M.V. RIVA WIND, carrying 11,000 imported logs from Yangon, Myanmar on April 9. It is among the bigger ships, of 53,533 Deadweight Tonnage (DWT), carrying timber logs to call from Yangon to India. Having LOA of 190 m, it berthed alongside No.6 and is now carrying out unloading operations. The ship is likely to sail out on April 19.

Timber logs have been one of New Mangalore Port’s traditional cargoes since 1984. In 2013-14, it handled 3.13 lakh tonnes as against 2.47 lakh tonnes the previous fiscal, a growth rate of 27%.

Over the years, the Port has introduced innovative methods for safe and efficient han...

Karaikal port to handle coal for IL&FS 17 April 2014

Infrastructure Leasing & Financial Services Limited (IL&FS) is an Indian infrastructure development and finance company, has agreed to use Karaikal port, which recently completed its sixth year of operation, for bringing in coal for its thermal power project being developed near the facility.

The port, which belongs to the GRK Reddy-promoted Marg Limited, is likely to handle 5 million tonnes (mt) of the dry fuel in the coming years to feed the first two units of the IL&FS subsidiary. The units would each have capacity of 600 MW. The coal handling could translate into revenue of about INR 200 crore, it is learnt.

Currently, another subsidiary of IL&...

INR 495 cr land acquisition proposal for Masula port 16 April 2014

Krishna district Collector M. Raghunandan Rao has submitted a report relating to the land acquisition for the deep water port project at Machilipatnam to the Andhra Pradesh Lokayukta and the State government. It would cost about INR 495 crore to acquire the land.

The total land to be acquired for the project was 5,277 acres, including 937 unsurveyed land and 2,489 acres of patta land in Machilipatnam mandal, according to the report.

The land is falling under the limits of Manginapudi, Tapasipudi, Gopuvanipalem, Karaagraharam, Chilakalapudi, Bandar East Revenue villages in Krishna district. It is estimated that over INR 43 crore is required for resettlement and reh...

Gujarat Pipavav Port to consider and approve revision of expansion plan 16 April 2014

Gujarat Pipavav Port has informed the Bombay Stock Exchange (BSE) that a meeting of the board of directors of the company will be held on April 17 to consider and approve revision of its expansion plan as well as its commencement.

The stock tumbled 1.5 % at INR 84.9 on the BSE.

...

JN Port handles 4 million TEU annually 15 April 2014

Jawaharlal Nehru (JN) Port handled 4.16 million Twenty Foot Equivalent Unit (TEU) in its financial year from 2013 to 2014, accounting for 57% of the total container throughput handled by the nation's major ports.

Within this total, the container terminal JNPCT at the port handled 1.31 million TEU, Nhava Sheva International Container Terminal (NSICT), 970,000 TEU, and Gateway Terminals India (GTI) Mumbai, 1.88 million TEU.

The port handled 62.35 million tonnes (mt) of cargo over the reporting period, 3.3% lower than the 64.49 mt handled the last year. Of the total, the share of containerised cargo was 55.24 mt, liquid cargo 6.29 mt and the remaining 0.82 mt was...

Dighi Port simultaneously handles steel & coal ships 14 April 2014

Dighi Port has successfully accommodated and handled a coal and a steel coil vessel at the same time.

MV Jin Mao, which was carrying 35,000 tonnes of coal and MV Vishwa Vijeyta, carrying 11,500 tonnes of steel coils, were successfully berthed on Berth No. 1 and Berth No. 2, respectively, at Dighi Port on April 1st 2014. Both ship sailed out the next day after efficiently discharging the cargo.

This was the first time that Dighi Port handled 2 ships simultaneously on its newly commissioned berths. The port has been handling regular dry bulk and break-bulk shipments such as coal, steel, bauxite and HBI, and has handled in excess of 4 million tonnes (mt) till date.

Congestion hits volume at Chennai Port Trust 13 April 2014

Since November 2010, the Chennai Port Trust (ChPT) has been witnessing long haul trailers lined up for miles to get into the container terminals through its zero gate.

The container-laden vehicles got stuck at various points leading up to ChPT main gate (zero gate) owing to shortage of customs officials for seal verification, reduced number of entry points and stoppage of vehicles at different points by traffic police and other agencies.

Having been forced to stay put on the road for hours together, truckers vented their ire on those who stopped their vehicles - be it traffic police or officials at the zero gate. Some of them were stopped for not possessing valid ...

Dhamra port audit after end of Model Code of Conduct 13 April 2014

The Odisha government has decided to begin tender process for operational and financial audit of Dhamra port after the end of 'Model Code of Conduct' enforced for the twin polls in the state.

"Tender process for operational and financial audit of Dhamra port may be started after 'Model Code of Conduct' period and required funds for the purpose may be asked for in the revised Budget proposal", D N Padhee, joint secretary (commerce & transport), Odisha. said in a letter to director, ports & inland water transport.

Meanwhile, after the grant of environment clearance to Dhamra port for its Phase-II expansion in January, the ...

SCI seeks to cut costs as another year of losses looms 12 April 2014

The chairman and managing director of India’s biggest ocean carrier said, Shipping Corporations of India Limited (SCI) is cutting costs to stay profitable. “We are currently looking to conserve cash,” Arun Kumar Gupta, who assumed the post of the Mumbai-based firm’s chief executive on 28 January, said in an interview.

“In the recent past, we have rescinded few contracts (for building new vessels). Some money has come and for others we are fighting. Shipyards and banks adopt delaying tactics in refunding. The realization of this money is of great help in the prevailing challenging circumstances.”

In the year ended 31 March, SCI c...

Ship with 11,000 timber logs arrives from Yangon 12 April 2014

New Mangalore Port has received big ship, M.V. Riva Wind, carrying 11,000 imported timber logs weighing 53,533 tonnes from Yangon.

An NMPT release said that the 190 meter long ship arrived on Wednesday and is likely to sail out on April 19, an NMPT release said.

The release added that New Mangalore Port is handling timber logs, one of the major traditional cargoes of the port since 1984.

In 2013-14, the port handled 3.13 lakh tonnes of timber logs as against 2.47 lakh tonnes in the last year, a growth of 27%.

Over the years, the port has introduced innovative methods for safe and efficient handling of the logs, it said and added the most sign...

Vizag needs infra to promote water sports: YAI adviser 11 April 2014

‘The wind, tide, and sea conditions are of international standards, but political will is lacking to create essential infrastructure’.

Nature has endowed Visakhapatnam with beautiful beaches, a 30-km-long marine drive from Naval Coast Battery to Bheemunipatnam, and the “perfect” wind and wave conditions to convert the city into an international water sports destination.

“I have visited water sports destinations in various countries across the world. The wind, tide, and sea conditions in Vizag are on par with the best in the world. The beaches of Visakhapatnam are far superior to those in Chennai for promotion of water sports,” C...

Paradip Port notifies recruitment at the post of Pilots 11 April 2014

India's one of the leading ports company, the Paradip Port Trust, Marine Department, Odisha has invited applications for recruitment at the post of marine pilot on contractual basis for a period of three years (extendable). The candidates can apply through walk in interview which is to be conducted on April 25.

Post details:

Total posts: 2

Post name: Marine pilot

Eligibility criteria:

Age limit:

Candidates willing to apply should not age more than 50 years.

Educational qualification: Candidates are required to hold a certificate of competency as Master of Foreign Going Ship issued by the Ministry of Shippi...

New Mangalore Port cargo 11 April 2014

New Mangalore Port received 11,000 timber logs from Yangon on April 9.

The vessel mv Riva Wind is the biggest vessel carrying timber logs from Yangon to New Mangalore. Timber logs have been the traditional cargo for the port since 1984, a press statement by the New Mangalore Port Trust said.

The port handled 3.13 lakh tonnes of timber in 2013-14 as against 2.47 lakh tonnes during 2012-13.

The port is likely to handle bigger parcel size of timber during the current fiscal year, the statement said.

...

MPCB makes MbPT pay for oil†spill 10 April 2014

The Maharashtra Pollution Control Board (MPCB) has forfeited Mumbai Port Trust’s (MbPT) bank guarantees amounting to INR 50 lakh and has sought additional bank guarantee of more than INR 1 crore from the port trust for its failure to complete even 50% of the clean-up operations since the Mahul oil leakage that occurred in October last year.

The agency has also accounted for the five-month delay since the oil leak. The MPCB has also threatened the MbPT with prosecution if it fails to comply with the new conditions laid down.

In the meantime, the MbPT has been directed to provide a “credible temporary interim stand” to take care of any emergency th...

Cochin Portís cargo handling up 5% in FY14 09 April 2014

Cochin Port handled 208.9 lakh tonnes of cargo in Fiscal Year (FY) 14, up 5.25% over the throughput of 198.4 lakh tonnes registered in the previous fiscal year.

The handling of break-bulk cargo (including timber) improved by 40.8% while bulk cargo (including cement) grew 17.2%.

Oil cargo, the major component of the Port, was also 3.1% higher than in the previous year. Container handling grew by 3.4% during the period.

The Port registered a growth of 9.3% in stuffing/destuffing of containers at its container freight station (CFS).

...

Indiaís first aircraft carrier INS Vikrant sold at cost of INR 60-cr 09 April 2014

India’s first aircraft carrier, the INS Vikrant, which played an important role in the 1971 war between India and Pakistan, has been sold to a ship breaker for INR 60 crores.

Defence sources are being quoted by the media, as saying that the auction process was completed last week.

A company named IB Commercial Pvt Ltd. has purchased the decommissioned aircraft carrier of the Indian Navy.

Earlier, the Government of Maharashtra said it was unable to maintain the INS Vikrant, which was commissioned in 1961 and decommissioned in January 1997.

Once the money is paid, IB Commercial Pvt Ltd. will have to tow the ship away from the Naval Dockya...

India must accelerate deep sea port development: experts 08 April 2014

Experts attending a maritime conference said, India must accelerate development of its deep sea ports to catch up with its rapidly growing foreign trade.

They especially highlighted India's challenge in meeting increasing trade volume which calls for massive improvement in domestic transportation and investments in deep-sea ports for handling large size ships.

"We are seeing some very exciting developments in India but really to keep pace with the rapid growth in India's overseas trade, more is going to be needed," said Christopher Hayman, chairman of the UK-based shipping industry Seatrade, one of the organisers of the conferences and forums tak...

Veteran sea-fishermen felicitated by Dhamra Port 08 April 2014

Recently, the 51st Maritime Week was organised and celebrated by Dhamra Port from March 31 till April 5.

A number of competitions among the port employees and local school children were organized and rallies were taken out by local youths to spread the message about importance of maritime week celebrations among the community.

A face and body painting competition was organized wherein some of the port employees painted their face and body with different colours to spread a message on environment protection.

A cricket tournament was organized by port wherein 32 different cricket teams representing various departments and organizations of the port partici...

Detained LPG tanker blocks Kolkata port revenue 08 April 2014

The 'arrest' and detention of a 224.1 meter Liquefied Petroleum Gas (LPG) tanker from an oil jetty at the Haldia Dock Complex (HDC) of Kolkata Port Trust (KoPT) by the department of Customs for almost 2 months now, has resulted in severe revenue loss to the port.

With the oil jetty blocked, the detention time of other crude carriers has improved and importers are also losing money.

An HDC official said that "The MT Sam Russ is a Panama-flag LPG carrier. It left the port of Ennore on January 30, 2014, for HDC. It was carrying nearly 6,738 tonnes of LPG for Indian Oil Petronas in Haldia. The ship authorities apparently declared that it loaded the cargo ...

Sravan Shipping plans to set up second CFS by 2015 08 April 2014

One of the known companies in warehousing services, the Sravan Shipping Services, is planning to set up a new container freight station (CFS) at Gangavaram.

This would have the capacity to handle about 10,000 TEUs and is likely to be ready early 2015, managing director G Samba Siva Rao said.

This would be its second CFS. It had CFS one in operation at Visakhapatnam, the first such facility in the private sector in Andhra Pradesh.

According to Rao, the new facility was likely to take an investment of about INR 50 crore.

This apart, it would look to deepen its operations at Kakinada while it would look to start its operations at Krishnapatnam l...

Visakhapatnam port looks forward to a bright year in 2014-2015 08 April 2014

According to Deputy Chairman G.V.L Satya Kumar , Vizag port looks forward to a bright year in 2014-15, as several development projects are on the verge of completion, and the port expects to handle not less than 65 million tonnes (mt) of cargo during the year.

He was reviewing the performance of the port during 2013-14 at a media conference here on Monday. He said the port had handled 58.50 mt of cargo during the year, a little less than during the previous year.

He said that "Several projects in the PPP mode are in execution in the port and to an extent cargo-handling has been affected. Many of them will be completed during the current year. The dredging in ...

New Mangalore Port cargo volume up 6.29% in 2013-14 08 April 2014

New Mangalore Port recorded a growth of 6.29% in cargo handling during financial year 2013-14.

The port handled 39.36 million tonnes (mt) of traffic, as against 37.03 mt in 2012-13.

Sources at the port said that crude oil, petroleum products, coal and containers contributed to the growth in cargo handling during the fiscal.

The port handled 14.94 mt (14.21 mt) of imported crude oil for Mangalore Refinery and Petrochemicals Limited (MRPL), which exported 7.85 mt (7.82 mt) of petroleum products through the port during the period.

The total import of LPG by Hindustan Petroleum Corporation Limited and TotalGaz through the New Mangalore Port,...

APM Terminals Inland Services South Asia awarded at the National Quality Excellence Awards 07 April 2014

APM Terminals Inland Services South Asia (APMT IS SA) was recognized during the National Quality Excellence Awards in Safety & Environmental Sustainability and Best Start-up Business Process Excellence Program. National Quality Excellence Awards 2014 was presented by Stars of the Industry Group in a glittering ceremony on 14th February 2014 in Mumbai.

The National Quality Excellence Awards are instituted to encourage competition in Quality Management and aimed at recognizing organizations across industries for registering higher productivity, profitability, safety and environmental sustainability during the period under review. The award is conferred to organizations in ...

Indian Ports handle 17 % more imported coal in this Financial Year 07 April 2014

India's major state-owned ports handled 17% more imported coal in the fiscal year ended March, according to data from the Indian Ports Association (IPA), as its coastal power firms stepped up generation to meet growing demand.

A rush to add power capacity after years of under-investment has forced Indian generators to increase coal imports as state-run domestic monopoly Coal India Limited (CIL) has struggled to meet demand. Coal-based power generation rose 8% to 587.64 billion kilowatt-hours in April-January.

The rising demand from India, Asia's 3rd biggest economy and the world's No. 3 coal importer, has helped coal producers in Indonesia and Australi...

Gangavaram Port surpasses its last performance 07 April 2014

According to a press release, the Gangavaram Port handled 15.81 million tonnes (mt) of cargo during 2013-14 as against 13.09 mt the previous year (2012-13).

The port handled 11.32 mt of coal, 1.37 mt of iron ore, and 3.12 mt of other cargo during the year as against 9.89 mt, 0.27 mt, and 2.93 mt respectively during the last year. The other cargoes included fertilizers, manganese ore, alumina, limestone and agri commodities.

...

Puducherry airport, Karaikal sea port brought under strict vigil 06 April 2014

The airport at Puducherry and seaport at Karaikal had been brought under the close vigil of election officials to prevent illegal transportation of cash and liquo, the Chief Electoral Officer of Puducherry, T. Sreekanth, on Friday said.

Each and every flight and cargo vessel would be closely monitored. If needed, the flying squad would carry out searches. Scheduled and unscheduled flights would also be monitored, he said.

The details of all ships berthed at the port and commodities unloaded or loaded would be collected.

The idea was to lock all possible ways to prevent illegal transportation of unaccounted cash and liquor so as to induce voters.

Visakhapatnam Port handles highest iron ore among 12 major ports 05 April 2014

Visakhapatnam Port has handled highest iron ore among all the 12 major ports in the country during 2013-14.

During the year, the raise in iron ore was 9.80 lakh tonnes. It received 25 million tonnes (mt) of iron ore, 53% of the cargo handled by all the major ports. This was possible despite drop in imports by China due to shifting of the commodity from east to west coast by Ispat Industries, Essar and other firms and a committed traffic of 2.50 mt for exports by MMTC.

The port has completed dredging to increase the draft to 18.1 metres and depth to 20.1 meters in outer harbour recently enabling it to handle Cape size ships. Now the inner harbour dredging is schedu...

Cargo vessel MV Alina at Kollam port 05 April 2014

The cargo vessel MV Alina carrying a consignment for the Vikram Sarabhai Space Centre and a crane for the Kollam cargo port berthed at the Kollam port in the morning on Friday.

The consignments were shipped from Rotterdam and MV Alina is the largest vessel to call at the Kollam port.

Port authorities said that the vessel sailed into the port after paying customs duty of about INR 3 crore.

The arrival of MV Alina also opens the prospects of ships carrying raw cashew from various African countries also calling at the port, they said.

Raw cashew meant for the factories of Kollam is now shipped to the Kochi port and then transported to Kollam by ...

Cargo throughput of JN port fall 3.32% 05 April 2014

Jawaharlal Nehru Port Trust (JNPT) said that cargo traffic at Jawaharlal Nehru (JN) Port fell by 3.32% in the last fiscal, mainly due to labour troubles and cut in output by one of the private terminals.

The country’s largest container port which handled 62.35 million tonnes (mt) of cargo during fiscal 2013-14 as compared to 64.49 tonnes in the previous year, said while the government-owned terminal registered a growth of 8.66% in volume, its two private terminals reported lower volumes.

A port official said that throughput of 2 private terminals — NSICT run by DP World Dubai and GTI operated APM Terminals — fell by 7.15% 0. 97 million Twenty Foo...

PPT handles record 68 mt cargo 05 April 2014

Paradip Port Trust (PPT) has handled an all-time high cargo of 68 million tonnes (mt) in 2013-14, driven by higher movement of thermal coal, petroleum products, coking coal and iron ore exports.

The volumes show an over 20% growth against the 56.55 mt cargo handled by the port in the last fiscal.

Prior to this, the highest cargo traffic it has handled was 57.1 mt in 2008-09.

Paradip Port Chairman Sudhanshu Shekhar Mishra said that “We have registered 68.003 million tonne cargo, which reflects a growth of over 20%.”

The port handled 25.03 mt of thermal coal (showing almost 17% growth over the previous year) and 17.7 mt of petroleum...

Kochi port registers 5.25% increase in cargo handling 04 April 2014

Kochi port has registered a 5.25% up in cargo handling at 208.9 lakh tonnes in 2013-14 financial against the throughput of 198.4 lakh tonnes in 2012-13.

A press statement said, this is the highest cargo throughput at the port in one year and the major growth in cargo handling was witnessed mainly in Willingdon Island.

Break bulk cargo, including timber, grew 40.8%. Bulk cargo, including cement, showed a marked increase of 17.2%. Oil cargo, the major component of the port, also rose 3.1% and container handling grew 3.4%.

The port also registered a marked growth of 9.3% in stuffing/de-stuffing of containers in its container freight station (CFS). It also ...

Bharatiya Janata Party promises dry port mega dairy in Chickballapur 04 April 2014

The Bharatiya Janata Party (BJP) on Wednesday brought out an election manifesto for the Chickballapur Lok Sabha constituency that featured promises such as building a ‘dry port’, setting up a Central Flower Board and taking up the Yettinahole project.

The manifesto released by the former Deputy Chief Minister R. Ashok in the presence of the party candidate in Chickballapur, B.N. Bache Gowda, lists the constituency’s potential in various fields and promises to take up different schemes to tap into it.

Proposing a dry port, which is an intermodal terminal connected to the sea port through road linkage, Gowda said such a cargo transshipment facility...

Boat owners threaten to block the port main entrance channel 04 April 2014

Upset over lack of maintenance of slipway complex, an important part of the fishing harbour here, boat owners have decided to go on strike shortly and block the main entrance channel to the Visakhapatnam Port.

The annual fishing ban will be observed on the east-coast from April 15 to May 31, which period owners of mechanized boats, mini trawlers, and big trawlers utilize for repair and retro-fitting of their ships.

“With the prevailing conditions in the cradles and beaching point in the slipway complex, repair is not at all possible. Hence, we have decided to go on lightning strike anytime from now. Boats, which have returned to the harbour, are not undertak...

Mumbai Port extends concessional rates for stuffing/destuffing of containers 04 April 2014

Mumbai Port Trust (MbPT) has decided to continue with the concessional rates for stuffing/destuffing of boxes for a further period of one year from April 1, 2014 or till the date of revision of the Scale of Rates, whichever is earlier.

In a separate communiqué, it also informed the trade that the facility of free days/charges on containers and containerised cargo brought from other Indian ports to Mumbai Port by road has been extended for a further period from April 1, 2014 to March 31, 2015.

...

Cochin Shipyard finds space constraint at Chennai Port bothersome 04 April 2014

Even as a techno-commercial study by Kerala state firm Kitco on the feasibility of Cochin Shipyard (CSL) setting up a slew of facilities, including a drydock, on the Chennai Port premises is under way, the yard is believed to have raised apprehensions over the paucity of adequate space at the Chennai Port.

The yard is now examining various options for optimum utilisation of the 48,400 square meter land area and 61,000 square meter water spread area available on 30-year-lease for the purpose. The feasibility study by Kitco is likely to be over by this month-end.

Nudged by the Ministry of Shipping, the yard — which has already taken up a similar project on Coc...

State-owned ports see increase in cargo traffic 04 April 2014

The volume of cargo handled by India’s dozen state-owned ports grew by a modest 1.78% in the year ended 31 March, reversing 2 consecutive years of decline, mainly on the back of higher coal shipments.

According to data from Indian Ports Association (IPA), the 12 ports handled a combined 555.50 million tonnes (mt) of various commodities such as crude oil, petroleum products, iron ore, coal, container cargo and fertilizers in fiscal year 2013-14.

The 12 ports are located in Kolkata, Paradip, Visakhapatnam, Ennore, Chennai, Tuticorin, Kochi, New Mangalore, Mormugao, Kandla, Mumbai and Navi Mumbai. Together, they handle about 58% of India’s external trade ...

1st shipment after mining ban leaves MPT port 03 April 2014

MPT chairman P Mara Pandiyan said, after the mining ban in the state, the first shipment of 70,000 tonnes of iron ore has been dispatched to China from the Mormugao Port Trust (MPT) on Thursday morning.

The first cargo was send by Bagadiya Brother Private Limited.

Mines department had e-auctioned 1.7 million tonnes (mt) of iron ore in February and March, which was monitored by the Supreme Court's e-auction committee.

After getting a bank guarantee of 16 crore, MPT had allowed the ship Jindal Varad dock at berth No 9. The loading of the ship had begun last week.

On March 27, 2014, the mines department had kept on hold the no-objection cert...

Arbitrator seeks Kolkata Port`s view on taking over HBT`s assets 03 April 2014

The Kolkata Port Trust (KoPT) is evaluating a proposal as part of arbitration for the equipment of Haldia Bulk Terminal (HBT) lying at Haldia Dock Complex since the cargo handler moved out in November 2012, alleging law and order problems.

According to KoPT officials, a proposal had been received as part of arbitration for the taking over of mechanised cargo equipment of HBT.

"Mecon had valued the entire equipment of HBT at INR 80.3 crore and KoPT has to indicate by April 21 whether it is keen on taking over," sources said.

HBT, a joint venture between ABG Infralogistics and French Louis Dreyfus Armateurs, had a 10-year contract for cargo hand...

Essar Ports plans to develop coal terminal in Beira Port 03 April 2014

Essar Ports has required the approval of its shareholders to participate in the development of a coal terminal at the Beira port in Mozambique.

The terminal, which proposes to have a capacity of 10 million tonnes per annum (mtpa), is to be developed through a joint venture (JV) at an initial estimated cost of about USD 25 million (about INR 150 crore).

The investment would also give a corporate guarantee of up to USD 10 million on behalf of the joint venture, the company said in a notice to its shareholders whose approval has been required through postal ballot.

New Coal Terminal Beira (NCTB) is a JV between Essar Ports (70% stake) and the Port and Rail...

Most eastern coast ports fail to achieve target 03 April 2014

Barring the Kamarajar Port, a couple of ports in the eastern coast from Krishnapatnam to V.O. Chidambaranar (VOC) Port Trust have failed to achieve their set targets in their total volumes for the year ending March 31, 2014 due to various reasons.

It is a known fact that Kamarajar Port and Krishnapatnam Port have been eating into the volume of Chennai Port Trust (ChPT) in terms of export of cars and import of project cargo and coal. However, ChPT mainstay has been the containers, Petroleum, Oil and Lubricants and project cargoes.

Kamarajar Port posted biggest jump of 52% in its volume for 2013-14 and it was considered as the biggest among the major ports in the co...

Mormugao port start again iron ore handling 02 April 2014

Iron ore handling has commenced at Mormugao port from Wednesday after a gap of over 18 months, following the easing of the ban on the sale of iron ore that was already extracted, by the Supreme Court (SC).

The ban on extracting fresh iron ore stays. The Mechanical Ore Handling Plant of Mormugao port is capable of loading a Panamax size ship in a single day.

On October 5, by an interim order the Supreme Court banned extraction and transportation of Goan iron ore in a bid to clamp down on illegal mining thereby freezing shipments.

The State government had already conducted two phases of e-auctioning of such ore under the supervision of a SC monitoring com...

Mundra Port crosses 100 MMT mark of cargo handling in a year 02 April 2014

India’s leading commercial port, the Adani Group of ports has achieved a new landmark of handling 100 million metric tonnes in FY 13-14.

The Mundra Port, the flagship port of Adani Ports and SEZ Ltd. (APSEZL), is the only commercial port in India to have achieved such a unique feat.

The Mundra Port, signed the concession agreement in 2001-2002. In a short span of just 12 years Mundra Port created history by achieving 100 million metric tonnes of commercial cargo in a year. This is the fastest growth in Port sector our country has witnessed and one of the best by global standards, surpassing all the Government as well as Private commercial ports of India (a c...

VOC Port in Tuticorin Handles 286.42 lakh tonnes in FY 2013-14 02 April 2014

V O Chidambaranar (VOC) Port in Tuticorin, one of the fastest growing major ports in the country, handled throughput of 286.42 lakh tonnes during the fiscal year (FY) 2013-14, surpassing the last year's achievement of 282.60 lakh tonnes and registered a growth of 1.35 %, in spite of global cues.

An official statement said that Imports accounted for 209.77 lakh tonnes and exports accounted for 76.65 lakh tonnes.

The statement said that as far as exports are concerned, the volume was higher in commodities like copper slag, phosphoric acid and machineries.

The port performed well in container handling by handling 5,07,735 TEU (twenty-foot equivalent un...

Varun Shipping receives 6-month interim licence after group restructuring 02 April 2014

The maritime regulator has decided to grant an interim operating licence to Varun Global, the new company floated by promoters of the troubled Varun Shipping.

The Director-General of Shipping, Gautam Chatterjee said that “We have approved an interim licence for six months to Varun.”

However, this alone may not allow the company to undertake trading operations. Chatterjee said the interim licence (in technical terms Documents of Compliance, or the DoC) will be issued to enable the company to undertake statutory surveys and dry-docking of the ships which were stranded following the withdrawal of Varun Shipping’s DoC last month.

Varun, th...

Shipping Ministry plans ways to regulate port service charges 01 April 2014

Shipping Secretary Dr Vishwapati Trivedi said, the Shipping Ministry is trying to work out a mechanism to regulate the pricing of services provided by agencies such as terminal handling agents and freight forwarders at a port.

Exporters have been complaining that shipping lines simply inform them about change in prices and increase prices. The Shipping Ministry had planned a Shipping Trade Practices Bill a few years ago, which would have taken care of this issue, but the Bill has been put on the back burner.

In this context, the Ministry is evaluating other options to achieve the same end.

He said that “We are exploring if we could define a tariff...

JNPT handles 4.148 m TEU during FY 2013-14 01 April 2014

Jawaharlal Nehru Port (JNPT) has handled approx 4.148 million Twenty Foot Equivalent Unit (TEU) throughputs during the fiscal year (FY) 2013-14.

The Port has handled 62 million tonnes (mt) of the total cargo during the FY 2013-14.

According to the sources, all the 3 terminals, JNPCT handled 1.3 million TEU, while APM Terminals Mumbai (GTI) handled 1.87 million TEU and DP World Nhava Sheva (NSICT) registered throughput 0.96 million TEU respectively.

On its expansion plans, the 4th Container Terminal development project at the JN Port was awarded to M/s PSA Bharat Investment Pte. Ltd.

The concession agreement entails the development of Standalo...

Visakhapatnam Port registers good recovery in cargo volume 01 April 2014

Increase in draft to handle capesize ships has led to impressive recovery in traffic by Visakhapatnam Port in the last quarter. As on March 31, the port finished with a throughput of around 58.06 million tonnes(mt).

Port Deputy Chairman G.V.L. Satya Kumar said that “This was a remarkable improvement due to arrival of bigger ships in the coal terminal developed by General Cargo Berth Private Limited (Vedanta) and increase in container cargo. We are expecting to do far better next year.”

The correct figures as well as the all India ranking would be known once the data is compiled by Indian Ports Association (IPA). Visakhapatnam Port was placed fifth as o...

Search operations in cargo ship continue 01 April 2014

Search operations continued in cargo ships being berthed at V.O. Chidambaranar Port (VOC Port) here on Monday, following an anonymous call to the District Police Office, which said that huge amount of unaccounted cash was being carried by sea.

The enforcement agencies are on high alert to prevent any flow of money into electioneering.

After searching the major portion of the two vessels over a couple of days, two teams involving flying squad attached to the election cell, officials from the Departments of Revenue and Police in association with Customs officials continued to search in other portions of these vessels, said Collector and District Election Officer, M....

APSEZ handles record 100 mt cargo at Mundra in FY14 01 April 2014

Adani Ports and SEZ Limited (APSEZ) on Monday informed that its Mundra Port has registered 100 million tonnes (MT) of cargo handling during fiscal 2013-14, highest by any commercial port in India.

"This is a significant milestone for APSEZ’s journey. It reconfirms my faith in the passion and commitment of our employees. This coupled with our customers’ trust in our capabilities will help us in achieving our vision of handling 200 million metric tonnes of cargo much ahead of our original timeline of 2020. I see Mundra Port as a strategic harbinger which our network of ports on Indian coast will emulate, and grow exponentially,”Gautam Adani, Chairman, Ad...

Govt. has reconstituted the Board of Trustees of Chennai Port 31 March 2014

The Union government has reconstituted the Board of Trustees of Chennai Port for a period of two years from April 2014 to March 2016. ChPT Chairman Atulya Misra has been retained as ex-officio chairman of the trust, while the post of his deputy has been left untouched as it is vacant for the time being.

The reconstituted board has 20 members, of which three were replaced and 3 others were retained, according to the sources.

There are seven ex-officio members on the board representing the Ministry of Shipping, Customs, State government, the Defence Services, Indian Railways, Coast Guard and Mercantile Marine Department. The board also has two labour representatives...

CSL launches the eighth FPV 31 March 2014

Cochin Shipyard Limited (CSL) has launched the eighth of the 20 Fast Patrol Vessel (FPV) being built for Indian Coast Guard.

The vessel was launched by Smt Arti Bhatnagar, Joint Secretary & Finance Manager (Maritime Systems), Ministry of Defense in a simple ceremony at Cochin Shipyard. Cmde K Subramaniam, Chairman and Managing Director (CMD), CSL, Shri Ravikumar Roddam, Director (Finance), CSL, Shri Vinayakumar P, Director (Technical) and other senior CSL officials were present on the occasion.

The launch of the vessel comes on the heels of the delivery of the fifth vessel CGS Achook which was handed over to the Coast Guard on 28 th March 2014. The first readi...

Bidders quit Kandla container terminal after KPT becomes difficult 31 March 2014

A project that would have had six berths built adding 4.2 million Twenty Foot Equivalent Unit (TEU) capacity at Tuna-Tekra at Kandla Port in northwest India has been shelved after the 2 interested parties withdrew without making a bid.

Adani Ports and Special Economic Zone Limited (APSEZ) and a consortium made up of Hyundai and Concast Infratech were in talks with the Kandla Port Trust (KPT), reported London's Port Technology International.

It is understood that the bidders flexibility in the build, asking to complete the project in phases. But tender terms did not allow this, demanding that it be fully built regardless of demand.

Containers have no...

No seizures yet after search of 3 ships at Tuticorin Port 31 March 2014

A 10-hour search of 3 ships docked at Tuticorin port, based on a tip-off that huge amounts of cash had been smuggled in, has failed to yield any seizures. 

"We couldn't find any cash or contraband in the ships," said ADSP D Kanthasamy of the state police, who headed the search team. "We've started draining palm oil in four of the 10 containers meant for dispatch from Tuticorin port." 

Of the 3 shipss, Mt Brixham and Theresa Aquarius are carrying furnace oil and palm oil, and M V Splendour is carrying timber.

 While it might take a day or two to drain the oil off the containers, the tip-off has exposed the peril...

ABG Shipyard INR 11,000-cr CDR plan cleared 31 March 2014

ABG Shipyard has got a fresh lease of life with the 22-lender consortium clearing a INR 11,000-crore corporate debt restructuring (CDR) proposal, which includes a fresh working capital loan of INR 1,800 crore.

This is the second largest CDR package in the history of India’s banking sector. The first largest CDR package was cleared in July 2013 for the engineering and construction major Gammon India when its INR 13,500-crore loan was rescheduled for a 10-year tenor at lower interest rate.

ABG Shipyard Chief Financial Officer Dhananjay Dattar said that “The package includes a two-year moratorium on interest payment apart from a fresh working capital loan...

Officials look for treasure on vessel in Tuticorin Port 30 March 2014

Officials swooped down on several vessels berthed at Tuticorin port on Saturday following a tip-off that one of them, probably an oil tanker, was carrying a huge quantity of Indian and US currencies, gold and even drugs. 

Based on Tamil Nadu chief electoral officer Praveen Kumar's instruction, Tuticorin collector M Ravi Kumar formed a team comprising officials from the revenue department, customs and police to carry out searches. The operation that started in the afternoon was still going on when reports last came in.

A senior official said that "Our officials are searching three ships as of now. Two of them - Mt Brixham and Theresa Aquarius - are oi...

Vessels anchors at Beypore after 7 month 30 March 2014

After a gap of several months, a merchant ship has anchored in the Beypore port. The vessel that reached the port on Friday with 1,800 tonnes of wheat from Gujarat will be unloaded on Monday. The ship was anchored in the Beypore coast as part of the ongoing coastal shipping promotion programmes of the State government, port officials said.

They said that the department had held negotiations with the ship owners urging them to utilise the facilities at the port for inter-State shipment. Some of the companies had already started cooperating with us.

Port Officer Abraham V. Kuriakose said discussions were continuing to ensure continuity in the anchoring of mercantile...

70,000 tonnes of ore to leave MPT on Saturday 29 March 2014

After an 18-month-long ban, the first shipment of 70,000 tonnes of iron ore in Goa is expected to leave the Mormugao Port Trust (MPT) on Saturday.

After getting a bank guarantee of 16 crore, MPT on Thursday let the vessel Jindal Varad dock at berth No 9. The loading of the ship will begin on Friday morning and the first shipment will leave for China. MPT chairman P Mara Pandiyan said that MPT received a bank guarantee of 16 crore from Bagadiya Brothers Private Limited.

Pandiyan said that "We have taken the amount as storage charges, in lieu of actual cash payment. We took the bank guarantee pending a final order of the Supreme Court.”

MPT did...

Odisha to assess land need for Dhamra port expansion 29 March 2014

The decks seem to be clearing for second phase expansion of Dhamra Port, an equal joint venture between Larsen & Toubro (L&T) and Tata Steel after the promoters obtained environment clearance in January.

The state government has asked its ports directorate to assess land need for Phase-II expansion of the deep draught port developed off the coast of north Odisha. The port project is implemented by Dhamra Port Company Limited (DPCL) where both Tata Steel and L&T hold 50% equity each.

“The requirement of land as indicated by the port developers may kindly be examined in line with the guidelines prepared by Rites Limited and your views in the matter...

Shipping Ministry thinking of ways to regulate port service charges 29 March 2014

Shipping Secretary Vishwapati Trivedi said, the Shipping Ministry is trying to work out a mechanism to regulate the pricing of services provided by agencies such as terminal handling agents and freight forwarders at a port.

Exporters have been complaining that shipping lines simply inform them about change in prices and increase prices. The Ministry had proposed a Shipping Trade Practices Bill a few years ago, which would have taken care of this issue, but the Bill has been put on the backburner.

Trivedi said that “We are exploring if we could define a tariff band for the agencies that provide various services around a port. We have to take a call on which a...

VO Chidambaranar Port handles record cargo 29 March 2014

VO Chidambaranar Port, Tuticorin, has handled record cargo traffic of 282.61 lakh tonnes surpassing the last year’s 282.60 lakh tonnes. During the same period previous year, the port had handled 278.78 lakh tonnes.

According to a release, in terms of container handling, the port has had handled 5,02,500 Twenty Foot Equivalent Unit (TEU), surpassing the previous year’s achievement of 4,75,599 TEU. During the same period last year, it had handled 4,68,937 TEU registering a growth rate of 7.16%.

It is notable that the port had crossed the target of 5,00,000 TEU fixed by Ministry of Shipping for the 2013-14 financial, 3 days in advance.

...

ChPT board reconstituted 29 March 2014

K Ashok Vardhan Shetty, Vice-Chancellor, Indian Maritime University, has been nominated to the reconstituted board of the Chennai Port Trust (ChPT).

A 1983 batch IAS officer from Tamil Nadu cadre, Shetty opted for voluntary retirement in December 2011 and was relieved in November 2013. Poiya Mozhi, Development Advisor (ports) in the Shipping Ministry replaces N Muruganandam, Joint Secretary (ports).

VK Balakrishnan, General Secretary, Madras Port Railwaymen’s Union, comes in place of G Kalan, President, Chennai Port and Dock Workers Congress.

AV Vijaykumar, co-chairman of shipping and logistics committee, Southern India Chamber of Commerce and Ind...

Shipping Ministry to wants VGF for 2 major ports proposed in WB and AP 28 March 2014

The Shipping Ministry will soon seek support from the Finance Ministry for covering the funding gap for 2 major ports proposed in West Bengal (WB) and Andhra Pradesh (AP).

Shipping Secretary Vishwapati Trivedi said that "If the IRR (internal rate of return) goes down to something like 8%, I don't expect people to bid too bullishly. So that portion has to be taken out, put on VGF (Viability Gap Funding). That is what I am trying to take to the Cabinet.”

Trivedi said that a Cabinet note on the subject is being prepared.

The government has finalised Sagar (West Bengal) and Dugarajapatnam (Andhra Pradesh) as the two sites for setting up of th...

MoEF wants reason for setting up new port in Nellore 28 March 2014

The Ministry of Environment and Forests (MoEF) has questioned the rationale behind setting up a new port in Nellore district of Andhra Pradesh (AP) when a major port is already located there.

The Shipping Ministry has proposed to set up a major port at Dugarajapatnam in Nellore district, which already has a similar facility at Krishnapatnam, about 100 kilometer (km) away.

Environmental Appraisal Committee (EAC) under MoEF has asked the Shipping Ministry to justify its proposal. The panel has suggested appointment of a sub-committee of experts to visit the port site and submit a report to take a call on environmental clearance.

The EAC said that "Th...

Dhamra Port berths largest parcel size ship 28 March 2014

The Dhamra Port today claimed to have become first among the Indian ports to berth a parcel size ship of 2,07,785 Dead Weight Tonnage (DWT).

A port release said that the ship, 'Macau Mineral' is carrying 1,94,073 tonnes of coal from the Richards Bay in South Africa. The South Korean made ship is 312 meters long and about 50 meters in breadth.

It said that the ship had berthed at the Dhamra Port jetty previous evening and is likely to depart after unloading the cargo on March 29.

The release said that the ship has 21 Chinese crew headed by Captain Wang Yongan. Macau Mineral is a Panama registered super cape size vessel. The Harbour Master of Dham...

Visakhapatnam port to review ban on bulk import of ammonium nitrate 28 March 2014

According to sources, the Ministry of Shipping has urged Visakhapatnam Port to ‘review’ its embargo on the bulk import of ammonium nitrate , a major ingredient in making explosives.

The suggestions were put forward earlier this month following a meeting with explosives makers who supply the resource to the mining sector.

The port banned bulk imports of the commodity in April previous year to minimise risks of it falling into the hands of terror outfits. The move was supported by the Commerce Ministry.

In a subsequent notice, issued on March 5 this year, Customs authorities had suggested import of the chemical only in bagged form.

...

New norms at Tuticorin port to up costs 27 March 2014

A recent public notice by Tuticorin Customs giving more responsibilities to the operators of 13-odd container freight stations (CFS) at the port has caused concern among traders. Stakeholders say it would make the operating procedure more complex and take away the advantages the export-import trade currently enjoys here.

The Tuticorin Customs Brokers Association said the new measures would result in additional costs of USD 100-125 a container for freight operations (FOB), which include additional lift off/lift and transportation costs.

At present, a factory-stuffed container under central excise supervision arrives at a CFS where a customs broker completes the let...

Major Ports sees big jump in bunker sales 27 March 2014

Bunker sales at Cochin Port in Kochi, India, have seen big jump this month.

According to the report, bunker sales this month are approaching 11,000 tonnes, up from the usual 6,000 to 8,000 tonnes.

And next month bunker volumes should see a further boost, according to Praveen Jaiswal, GM - Head Operations of India based bunker supplier Chemoil Adani, which accounts for 40 to 50% of the total sales volume sold at Kochi through physical suppliers HPC & Bharat Matrix.

Due to his efforts the State Government is reducing VAT w.e.f. from April 1 which will further give a boost to the overall sales volume Jaiswal told Ship & Bunker that credit for the i...

Cruise vessel M V Costa Deliziosa visits Mormugao port 27 March 2014

Cruise vessel M V Costa Deliziosa arrived at the new cruise berth of Mormugao port on Wednesday with passengers mostly foreigners, giving a boost to cruise tourism in the state.

The ship arrived with 1,975 passengers and had 891 crew members. It arrived from Cochin and set sail for Mumbai in the evening.

An official said that "The passengers were tourists who went round the state to experience its beauty while the ship was anchored at the berth.”

After MPT constructed the new cruise berth, it began receiving more and more cruise vessels and the cruise foreign passenger’s travel by vessel and experience the beauty of the countryside, an ...

Visakhapatnam port slips from third to fifth slot in cargo handling 27 March 2014

Down in iron ore exports, diversion of transshipment cargo, and dislocation caused due to heavy mechanisation have affected cargo handling at the Vizag Port, relegating it to the fifth position among 12 major ports in the country.

The port had earned third slot previous financial. All the major ports put together handled 503.92 million tonnes (mt) during April 2012 and February 2014 as against the previous year’s 497.97 mt, recording a marginal increase.

Kandla is the frontrunner followed by Paradip, JNPT, and Mumbai, according to the Indian Ports Association (IPA).

Incidentally, Paradip has done exceedingly well. Though the total volume is not mu...

PPT to take a hit on Odisha truck movement ban 27 March 2014

Paradip port Trust (PPT) is set to lose substantial revenue as a result of handling at least 1.5 lakh tonne less iron ore from April 10-20 following the Odisha Government’s decision to ban movement of ore-laden trucks on the key national highway stretch leading to the port in order to ensure smooth traffic flow during elections.

The National Highways Authority of India (NHAI) too is set to lose substantial toll revenue during the ten-day closure period. The 70-80 kilometer (km) stretch is usually blocked by trucks heading towards the port.

Odisha will hold elections to both the Assembly as well as Lok Sabha on April 10 and 17. Recently, the State Government ...

VSPL gives warm sendoff to FC Bulk Express 26 March 2014

Vizag Seaports gave a warm sendoff to the floating crane vessel FC Bulk Express at Visakhapatnam recently.

Formerly known as MV Diamond of Vizag, Bulk Express was brought to Visakhapatnam Port Trust (VPT) on August 26, 1996, to perform lighterage operations for her owners, Emirates Trading Agency LLC, Dubai.

Soon after her arrival, the vessel helped VPT gain the distinction of being the first Port on the east coast capable of handling a Capesize vessel, i.e. MV Lantau Peak on December 1, 1998, chartered on account of the Steel Authority of India Limited (SAIL).

The presence of an efficient floating crane encouraged SAIL to try out using crane operations...

Iranian port to link Afghanistan with India 26 March 2014

Iran, Afghanistan and India are going to sign a cooperation contract in the near future which will link Afghanistan with India through the Chabahar port in southern Iran, an Afghan foreign ministry spokesman said.

The conclusion of the tripartite agreement will be very beneficial, Ministry spokesman Shakib Mostaghni said.

Mostaghni also said that his country was trying to gain access to the Black Sea through Turkmenistan, Azerbaijan and Georgia.

...

PPT created record in daily cargo discharge 26 March 2014

Another record of cargo discharge was created at the Paradip Port Trust (PPT) on Tuesday with a ship discharging oliflux for importer Tata Steel.

The vessel JS Colorado discharged 24,500 million tonnes (mt) of cargo in 24 hours, surpassing the previous best daily record of 19,000 mt of the same cargo of oliflux at the port on July 28, 2013 from the ship TN Dawn of Tata Steel.

JS Colorado carrying 59,600 mt of oliflux loaded from Norway berthed at Paradip on Sunday night and is expected to sail out on Thursday after discharging its full cargo.

The Tata Steel and Ripley & Company had created a record a few days back in loading the highest chrome conce...

Shipping Minister says: Ennore Port capacity to be enhanced in 12th Plan 25 March 2014

The capacity of Tamil Nadu's Ennore Port will be more than doubled with the provision of various new facilities during the 12th Plan period (2012-2017), said Union Shipping Minister G.K. Vasan.

Inaugurating the INR 51.60 crore railway siding infrastructure at the port near here, Vasan said the central government's efforts in the port sector are largely to increase the efficiency, augment the capacity and improve connectivity.

During the 12th Plan period, Ennore Port would be taking up various projects like five million tonne per annum (MTPA) liquefied natural gas (LNG) terminal, a 16 MTPA container terminal, 2 MTPA multi-cargo terminal-2 and a nine MTPA ad...

KPL to revalue its land and waterfront assets 24 March 2014

The Kamarajar Port Limited (KPL), has started the process of revaluing its entire land and waterfront assets.

A decision to this effect was taken by KPL official soon after the launch of ‘Land Policy for Major Ports’ that would enable the ports to leverage its land banks for attracting new projects to bolster its business prospects.

KPL has a land bank of over 2,800 acres, of which 1,392 acres are within the port compound wall; 650 acres outside the port compound wall; and 118 acres on the waterfront (jetties, berths, breakwaters); and 650 acres just opposite the port.

To allocate the land for new projects, KPL has sought expression of inter...

CCEA approved INR 224 cr support for dredging project at VOC port 24 March 2014

The Cabinet Committee on Economic Affairs (CCEA) nods a budgetary support of Rs 224 crore for dredging purpose at V O Chidambaranar Port Tuticorin (VOCPT) in Tamil Nadu.

A government source said that the CCEA has approved the grant of budgetary support of INR 224 crore for the project "dredging in front of North Cargo Berth-II and two numbers of shallow draught berths at V O Chidambaranar Port.”

Total cost of the project is estimated at INR 448 crore, inclusive of dredging cost, mobilisation and de-mobilisation charges, service tax and contingencies. The project duration is nine months from the date of award of work.

The CCEA has approved onl...

Visakhapatnam Port sets record in discharge of logs 23 March 2014

Visakhapatnam Port set a new record on Saturday in discharge of imported logs. A new record was set by discharging 3,036 tonnes in 22 hours and 30 minutes from m.v. Naimun Nasir in West Quay-4 berth surpassing previous record of 2,799 tonne in 19 hours and 45 minutes.

The agents and stevedoring was done by Synergy Shipping Private Limited Inter-carting operation was handled by Berry Logistics Private Limited, Synergy Shipping managing director M. Venugopal thanked the port officials, workers and others for their cooperation in achieving the record.

...

Surge in bunker sales at Kochi port 22 March 2014

According to a press release from the Cochin Port Trust (ChPT), the port of Kochi is witnessing a surge in the sale of bunkers, with the month of March recording a volume of 11,000 tonnes against the usual monthly volumes ranging between 6,000 and 8,000 tonnes.

The press release said that “This is an indication that shipping line now prefer Cochin more and more as a bunkering destination in comparison with competing South Asian ports.”

Bunker sales this year has particularly been helped by the arrival of two large barges on the scene in Kochi. The barges are available for hire for the bunker suppliers and the start of the business here back in 2012 saw...

New Mangalore Port handles 1st VLCC 22 March 2014

A press release said, New Mangalore Port (NMP) handled a very large crude carrier (VLCC) at the single buoy mooring (SBM) installed by Mangalore Refinery and Petroleum (MRPL).

M.T. Humanity, with 1,63,000 tonnes of Iranian mix crude oil, called at the SPM, located 17km away from the shore, on Tuesday. The entire consignment was imported for MRPL’s refinery. It is the largest parcel size of crude oil ever handled at the NMPT.

...

Labour strike hits loading in Kakinada Anchorage port 22 March 2014

Loading activity has come to a standstill at the otherwise busy Kakinada Anchorage Port, where the daily labourers have been observing strike for the last 9 days.

As many as eight vessels were anchored at the port for the loading of rice and maize when the labourers launched the strike on the night of March 12.

In all, 95,000 tonnes food grains valued at INR 19 crore have to be sent to different countries from the port and the traders are worried about the levying of demurrage charges on account of the delay. Over 8,000 daily labourers too are suffering due to non-availability of work and wages. However, both the parties are expecting the other side to take the in...

Mercator purchases Varun Shipping LPG ship 21 March 2014

Mercator Limited has entered the liquefied petroleum gas (LPG) transportation market by acquiring a so-called very large gas carrier from financially stressed Company Limited.

His company has purchased the ship from Varun Shipping, but did not disclose the price at which it was bought, said Atul Agarwal, managing director of Mercator.

A shipping industry executive, requesting anonymity, said that Varun Shipping is planning to exit the very-large gas carrier segment.

Varun Shipping owns another such vessel, the Maharshi Bhardwaj. Agarwal would not confirm whether Mercator is buying the second vessel, too. Yudhishthir Khatau, chairman and managing directo...

Rickmers charters out 2 vessels to Maersk Line 21 March 2014

The ships, Henry Rickmers and Richard Rickmers, both 3,450 Twenty Foot Equivalent Unit (TEU) panamax container ships, have been chartered to Maersk Line, the world’s largest container shipping company.

Henry Rickmers will be delivered to Maersk Line this week and Richard Rickmers 2 weeks later. The vessels have each been chartered for an initial minimum period of 12 months, up to a maximum o f 24 months. The 2 ships will be chartered at a floating rate based on an index agreed upon by both Maersk Line and RTM. The charters are likely to generate revenue for the Trust amounting to an estimated USD 5 million over the initial 12 months.

“We are proud to r...

Dighi Port handles 19,348 mt of CR Steel Coils in 24 hours 21 March 2014

Dighi Port has created another milestone in operation efficiency this time while discharging steel coils. The ship MV Fon Tai called Dighi Port on 14th March 2014 and within 24 hours of operation 19,348 mt of Cold Rolled (CR) Steel Coils were discharged from the ship thereby creating a new handling record at the port. M/s POSCO ISDC was the importer of the cargo.

Dighi Port is an all weather, deep draft, direct berthing port located on the West Coast of India, in the Raigad District of Maharashtra at a distance of 170 kilometer (km) south of Mumbai. The port is developed on the two banks of the Rajpuri Creek namely the North and South Bank and is a multi-purpose port which c...

Bunkering trade at Kochi port flourishing 21 March 2014

The Kochi Port’s efforts in developing bunkering business (sale of fuel) seem to have started yielding results as the bunker sales this month registered 11,000 tonnes.

Senior port officials said, this is a major increase from the average sale of 6,000 to 8,000 tonnes in the previous months. This is an indication that shipping line now prefers Kochi to competing South Asian ports in other countries as a bunkering destination.

The official added, the port, of late, has been attempting to develop bunker and ship supplies business at Kochi in an attempt to develop more maritime services in the port area.

Public sector companies such as HPCL, Indian Oi...

SCI boosts presence on Indian coast, adds Hazira to SMILE service 20 March 2014

The SMILE service is a dedicated Shipping Corporation of India (SCI) service operating with 3 x 1,600- Twenty Foot Equivalent Unit (TEU) Indian flag ships, catering to the Gulf market from the Indian Subcontinent and coastal trade on the west coast of India.

The service, which already has an established coastal market from Mundra and Pipavav to Cochin/Tuticorin, will now have a direct coastal service from Hazira to Cochin and Tuticorin.

In addition to coastal trade, the service will cater to the ex-im trade from the Gulf to Hazira and from Hazira to the Far East and Europe with transshipment at Colombo.

The call at Hazira is in the interest of SCI&rsquo...

New Mangalore Port handles largest crude parcel 20 March 2014

New Mangalore Port has handled a biggest parcel size of crude oil from a very large crude carrier (VLCC) at its single point mooring (SPM) facility.

The port successfully handled one VLCC at the SPM installed by Mangalore Refinery and Petrochemicals Limited (MRPL), a press statement by New Mangalore Port Trust (NMPT) said.

The VLCC, m.t. Humanity, carrying 1.63 lakh tonnes of Iranian mix crude oil called at the SPM, which is located 17 kilometer (km) away from shore, on Tuesday.

The statement said, this is the largest parcel size of crude oil ever handled at NMPT.

It added, the ship has the capacity to carry up to 3 lakh tonnes of crude oil.<...

Shipping Ministry likely to want funds to support 2 major ports 20 March 2014

The Shipping Ministry may seek funding support for two major ports to attract more developers and is likely to approach the Cabinet on the issue.

The government has finalized Sagar (West Bengal) and Dugarajapatnam (Andhra Pradesh) as two sites for setting up of the ports.

A Shipping Ministry official said that "At the Sagar port there is also a proposal to build a rail bridge which means that the rate of return for that port will about 8%. So without VGF (viability gap funding), participation of bidders is an issue.”

VGF is a form of government support which is extended to those projects that are economically justified but fall shor...

Visakhapatnam port bids adieu to long-serving floating crane Bulk Express 19 March 2014

The Vizag port is bidding adieu to the long-serving floating crane Bulk Express on Thursday, as the general cargo berth in the outer harbour has been modernised by the Vedanta group and the crane is not needed any longer.

According to R. Kishore, Chief Executive Officer (CEO) of Vizag Seaports, the crane, formerly known as m.v Diamond of Vizag, was brought into the port on August 26, 1996, for performing lighterage operations for the owners, Emirates Trading Agency LLC, Dubai.

Kishore said that "The crane was used to lighten the ships at the outer harbour general cargo berth, as the draft in the inner harbour was not sufficient, and then the ships were brough...

Ship with rice containers arrives at Kochi Port 19 March 2014

A shipment of 3,500 tonnes of rice in containers arrived here on Tuesday.

This is the first shipment of rice arriving at the Kochi port in containers and is part of Food Corporation of India (FCI) efforts to shift rice transport to the sea route.

OEL Victory, the ship that arrived with the shipment berthed at the container terminal about 7.30 p.m. after arriving here from Kakinada in Andhra Pradesh.

...

Visakhapatnam Port to hold trade meet today 19 March 2014

Visakhapatnam Port will hold a trade meet at Srikakulam on March 19.

The meeting being held at Hotel Nagavali will be addressed by Deputy Chairman G.V.L. Satya Kumar, Traffic Manager Satyanarayana and other senior officials of the port.

The officials are likely to explain on the potential to transport illuminate sand, granite, manganese ore, ferro manganese ore, maize, container, fertilizer, timber and other cargoes from the region through the port.

...

Cargo traffic handling seen not keeping up with investment in ports 18 March 2014

According to a report, despite a peak investment of about INR 16,000 crore, the total cargo volume handled at the country’s 189 ports, including Major Ports, rose by only 25 % to about 933 million tonnes (mt) in 2013 from the lowest level of 744 mt in 2009.

It said, the total investment from 2009 to 2013 stood at INR 52,600 crore, of which a majority was in the non-major ports.

The fall in volumes is also attributed to the slowdown in economic growth, which, after peaking to 14.3% in 2010, slowed in the subsequent years to touch single digits by 2013.

A study showed that in the Major Ports, traffic growth in the previous 5 years was about 8-9% whe...

Visakhapatnam Port all set to be a gateway for coal imports 18 March 2014

With its strategic location and fully mechanized facility to handle large ships Visakhapatnam Port’s scope to emerge as a gateway port for import of coal has brightened.

Vizag General Cargo Berth Private Limited, a 74:26 joint venture of Vedanta and Leighton Welspun, has developed a coal terminal at a cost of INR 680 crore under Build Operate Transfer (BOT) a year ago. It got a shot in the arm with the recent completion of INR 139.88-crore dredging by Visakhapatnam Port up to a draft of 20 meters in the outer harbour for navigation of Capesize ships with 2 lakh deadweight tonnage. Coal from the USA, Indonesia, South Africa and other countries is high in demand for powe...

DP World to entice Tirupur exporters to boost volume 18 March 2014

The operator of International Container Trans-shipment Terminal (ICTT), DP World, at Vallarpadam, along with Kerala Chamber Exim Forum (KCEF), is trying to woo exporters from Tirupur, Tamil Nadu to help increase the volume of exports through the terminal.

"We will be visiting Tirupur soon to convince exporters that ICTT is taking more business-friendly steps. In fact, we need businesses towns like Tirupur or Coimbatore to help ICTT survive," said M K Ansari, convener of Kochi-based KCEF.

According to an ICTT official, the terminal handles 2.5 lakh TEUs (Twenty Foot Equivalent Units) of cargo and 1 lakh TEUs of seafood every year. "Roughly 80% of the...

Haldia port in Kolkata facing crisis 18 March 2014

The Haldia Dock Complex (HDC) under Kolkata Port Trust (KoPT) seems to be fighting a losing battle against the forces of nature as well as government apathy.

Senior officials feel that unless corrective measures are taken immediately, the port facility - Bengal's only one that can handle vessels of a respectable size - may be beyond salvage by the time it turns 40 in 2017. The KoPT management in Kolkata, however, doesn't agree.

"Port users are facing infrastructural bottlenecks at every stage. Previously, importers could bring in ships after unloading 35% of their cargo at other ports. It was still economical for them to unload 65% cargo at HDC. Now, ...

NMPT appoints PC Parida as a new chief 18 March 2014

PC Parida assumed charge as Chairman of New Mangalore Port Trust (NMPT) on March 15. Prior to this, he was Deputy Chairman of Chennai Port Trust since January 2011.

He also worked as Deputy Chairman of Mormugao Port Trust (MPT) from November 2008 to December 2010. He is a graduate in commerce and law and Associated Member of the Institute of Cost and Management Accountants of India.

A statement from the company said, on assuming charge, he held discussions with all the departments, labour representatives and users of the port and sought their cooperation for the overall development of NMPT.

...

Revival in container cargo traffic unlikely 17 March 2014

Pressure from ‘laggards’ like iron ore and container segments is likely to continue to hurt the port sector in the near-term, as a revival in cargo volumes is unlikely, according to a report by ratings agency ICRA, which also gave a weak outlook to the sector.

“We expect cargo pressure to continue at major ports, with iron ore and containers the main laggards,” ICRA said in a note, adding, it has a weak outlook on the sector.

The Supreme Court decision on ore mining, especially on Karnataka, has hurt ore exports, it said, adding that the segment registered an 18% decline in volumes for the first nine months of the fiscal, over the same peri...

ED officials to visit MPT, mines department to collect documents 15 March 2014

Enforcement directorate (ED) officials will visit the directorate of mines and geology, Mormugao Port Trust (MPT) and Goa port, next week to collect necessary documents to investigate the illegal mining scam estimated at INR 35,000 crore.

In February, the ED had begun a preliminary inquiry against mining firms, politicians and bureaucrats who are allegedly involved in illegal mining in Goa. The ED is investigating only the financial transactions in the case.

They had requested authorities concerned to submit the documents for investigatio. But as the documents are not in a good condition. The team will visit the offices to collect them, ED sources said.

...

Environmental Clearance to Vizhinjam port under the scanner 15 March 2014

The environmental clearance given to the INR 5,000-crore Vizhinjam sea port has come under the scanner of the National Green Tribunal (NGT), Southern Bench.

Admitting an appeal that challenged the clearances given to the project, the tribunal Bench on Friday directed the Union government, the Kerala government, the Kerala State Pollution Control Board, and Vizhinjam International Seaport Limited (VISL). to file their replies on April 25. The appeal seeks to know if there is any procedural lapse on the part of the authorities in giving clearance for the project.

The Bench, comprising its judicial member Justice M. Chockalingam and expert member R. Nagendran, said, ...

India and Bangladesh to increase biz relations through water route 14 March 2014

India and Bangladesh are keen to increase business relations by setting inland waterways for hassle-free movement of cargo between the 2 countries.

A Shipping Ministry official said that "The proposal is to set up IWT (Inland Waterways Transport) from Kolkata in West Bengal to Ashuganj in Bangladesh which can be further extended.”

Standing Committee on Transport, Tourism and Culture in 2013 had said a lot of time and resources are being wasted in transporting oversized cargo to the North-East. Waterways provide a hassle-free movement of such cargo.

The official said that "It suggested that there should be a water protocol with Bangladesh...

Visakhapatnam Port all set to be a gateway for import of Coal 14 March 2014

With its strategic location and fully mechanized facility to handle large vessels Visakhapatnam Port’s scope to emerge as a gateway port for import of coal has brightened.

Vizag General Cargo Berth Private Limited (VGCB), a 74:26 joint venture (JV) of Vedanta and Leighton Welspun, has developed a coal terminal at a cost of Rs.680 crore under BOT a year ago. It got a shot in the arm with the recent completion of INR 139.88-crore dredging by Visakhapatnam Port up to a draft of 20 meters in the outer harbour for navigation of Capesize ships with 2 lakh deadweight tonnage. Coal from the USA, Indonesia, South Africa and other countries is high in demand for power and steel ...

Record cargo handled by New Mangalore Port 14 March 2014

New Mangalore Port Trust (NMPT) has handled more cargo up to Thursday than it did in the entire 2012-13 financial year.

The port achieved record traffic of 37.07 million tonnes (mt) till March 13 against 37.04 mt during fiscal 2013, according to a press statement by NMPT.

Increased handling of crude oil and petroleum products by Mangalore Refinery and Petrochemicals Limited, and coal by various industries, have contributed to the growth, it said.

The port operator said, overall, the port is expected to handle 39 mt during the current financial.

...

Dugarajapatnam port will be a reality 13 March 2014

Union Rural Development Minister Jairam Ramesh required allaying fears of the people of Seemandhra, saying many projects like the Dugarajapatnam major port in Nellore district were in the pipeline and that this would usher in jobs and industrial development in the residuary State of Andhra Pradesh (AP).

During his visit to the district, Mr. Ramesh’s was on conveying that the interests of Seemandhra were ‘more than fully protected’ in the A.P. Reorganisation Act.

The Durgarajapatnam port would be a developed as a major port and the Central Government would spend funds worth crores over the next few years.

...

Varun Shipping loses licence to operate vessels 13 March 2014

Varun Shipping Company Limited has lost its licence to operate ships after it failed to carry out a mandatory dry-docking of its vessels for safety surveys and pay wage arrears to its crew.

The directorate general of shipping (DG Shipping) last week withdrew a so-called document of compliance of Varun Shipping the first instance of the maritime regulator cancelling an Indian shipping company’s operating licence.

“I am directed to notify you that the Document of Compliance (DoC) issued to Varun Shipping Company Limited on 14 December 2012 is null and void since 4 March 2014 and that the ships under your ownership/management are liable to be rendered &ls...

Ennore Port renamed as Kamarajar Port 13 March 2014

Ennore Port has been renamed as Kamarajar Port.

Kamarajar Port has undertaken a public issue of tax free secured, redeemable, non-convertible bonds of face value of INR 1,000 each, for an amount aggregating upto INR 250 crore with an option to retain over subscription upto INR 250 crore.

The issue was opened for subscription on February 18, 2014 which is going to close on March 14, 2014. The bonds are planned to be listed on the BSE.

The company is a developer and operator of Ennore Port, India's 12th major port under the Ministry of Shipping, Government of India.

Credit Analysis & Research Limited ("CARE") has assigned a ra...

Panel call to speed up work on Kottapuram - Kollam national waterway 12 March 2014

The parliamentary standing committee on transport has called for coordination between the Centre and Kerala Government to make the National Waterways 3 navigable for the benefit of both cargo movement and tourism development.

The 205 kilometer (km) waterway from Kottapuram to Kollam has great potential for cruise tourism, cargo shipment, linking ports and international steamer service. The authorities should strive to reap all the potential revenue sources anticipated with the waterways, the committee observed.

The panel headed by Sitaram Yechury pointed out that a substantial chunk of the traffic from the road can be diverted to waterways once it become navigable...

PSA International wins Kolkata Port Container concession 12 March 2014

PSA International, through its wholly-owned subsidiary PSA Bharat Investments Private Limited, has won a 10 year container-handling contract at India's Government-owned Port of Kolkatta that can handle some 450,000 standard containers a year.

PSA International will have to invest INR 450 crore to install cranes and other container handling equipment in Kolkata Port. PSA was one of the 1st to enter India when the country opened its ports to private investments in the late 1990. The firm runs a 1.5 million standard container capacity a year terminal at Chennai port and a 450,000 standard container capacity a year terminal at VO Chidambaranar port (VOC), both located on Ind...

Essar, Gammon and Adanis among 5 in fray to develop Vizhinjam international port 12 March 2014

5 major port operators have responded to the global tender floated by Vizhinjam International Seaport Limited (VISL).

They are Gammon Infrastructure Projects; the Hyundai-Concast consortium; Essar Ports; Adani Ports; and Srei-OHL, a consortium of Srei Infra and Spanish construction company Obrascón Huarte Lain.

VISL had earlier called for Requests for Qualification (RFQ) to build the port superstructure and operate the proposed deepwater port and container transhipment terminal at Vizhinjam, 16 km from here. The same players have also responded to the other RFQ for engineering, procurement and construction works floated separately. The deadline for the firs...

Capesize ship propels all-time record at Visakhapatnam Port 12 March 2014

A day after berthing of first capesize ship, Visakhapatnam Port achieved an all-time record by discharging 1.08 lakh tonnes of steam coal in 24 hours at the world-class eco-friendly coal terminal developed by Vizag General Cargo Berth Private Limited (VGCB), a part of Vedanta Resources Plc on Tuesday.

The port created history with the docking of first capesize ship MV NGM Sailor with a length of 289 metres on Monday. This led Visakhapatnam Port joining the elite club of international ports with the capacity to handle capesize ships with a capacity of 2 lakh deadweight tonnage (DWT).The coal from Indonesia will be delivered to NTPC for its thermal power plants by Knowledge In...

SCI sells OSV m.v. SCI-02 11 March 2014

Shipping Corporation of India Limited (SCI) has sold its ship - 70T. Bollard Pull, Anchor Handling, Towing & Supply Vessel (AHTSV) OSV "SCI-02" and delivered to its buyer on March 07, 2014.

Shares of  SCI was last trading in BSE at INR 36.75 as compared to the previous close of INR 36.95. The total number of shares traded during the day was 57030 in over 502 trades.

The stock hit an intraday high of INR 37.35 and intraday low of 36.55. The net turnover during the day was INR 2107093.

...

Proposed INR 5000-cr Vizhinjam Intl deepwater port project gets 5 bidders 11 March 2014

The proposed INR 5100 crore international deepwater multipurpose project at Vizhinjam in Thiruvananthapuram has received five bids from national and international firms for the global tender floated Vizhinjam International Seaport Limited for the development and operation of the port.

The company MD and CEO A.S Suresh Babu said all the bidders are from the port sector. Three Indian companies Gamon Infrastructure, Essar Ports and Adani Ports and two foreign consortiums Hyundai Concast and Srei and OHL have bid for the tender.

The transaction advisor Ernst &Young will evaluate the bids and send the request for proposal to the bidders in two three days. The final...

Mormugao port deputy chairman 11 March 2014

Cyril C George, Secretary, Cochin Port Trust (ChPT) has been appointed as the Deputy Chairman of the Mormugao Port Trust (MPT). George started his career in the shipping sector as a Labour Officer with Kandla Port Trust in 1987.

He also served as the Deputy Chairman of Kandla Dock Labour Board.

He became the Deputy Secretary of Kandla Port Trust in 2001 and was transferred to ChPT as secretary in 2003.

...

First Cape ship at Visakhapatnam Port 11 March 2014

The first cape size ship, mv NGM Sailor carrying cargo from Indonesia, docked at the fully automated coal terminal developed by the Vizag General Cargo Berth Private Limited on Monday, putting Visakhapatnam Port in the elite list of international ports handling big size ships with a capacity of 2,00,000 dead weight tonnage.

About 1,60,000 tonnes coal reached here through Knowledge Infrastructure Private Limited for delivery to NTPC. VGCB CEO DK Manral said the company was confident of handling 1.10 lakh tonnes in 24 hours within the berth developed by Vedanta and Leighton Welspun at a cost of around INR 680 crore .

...

CSL deliveres 4th patrol vessel 10 March 2014

The company said in its press release, Cochin Shipyard Limited (CSL) delivered the fourth of the series of 20 Fast Patrol Vessels (FPV) being built for the Indian Coast Guard. The vessel is named “ ABHIRAJ” and will be operated by the Coast Guard station at Tuticorin.

Cochin Shipyard had signed the contract for the construction of the 20 FPV for the Indian Coast Guard on 20th October 2010. The first vessel was commissioned on 13 December 2013, the second on 31 December 2013 and the third on 15 Jan 2014.

CSL delivered 40 ships during the period 1975-2000, 14 ships in the period 2001-2005, 29 ships during 2006-2010 and is likely to deliver 16 ships durin...

ABG Shipyard looking to increase capital to INR 17 crore 10 March 2014

ABG Shipyard has proposed to increase its authorized share capital from the current INR 100 crore to INR 17,000 crore, the company said in a filing to the Bombay Stock Exchange (BSE).

The company will seek approval from its shareholders at an extraordinary general meeting (EGM) scheduled for March 29.

ABG is also likely to seek shareholders’ approval for the Board of Directors to be allowed to borrow up to INR 20,000 crore.

Additionally, the BSE filing stated that the Board will ask for approval for creation of charges on movable and immovable properties up to the borrowing limit of INR 20,000 crore.

It is learnt that ABG Shipyard has r...

KPT start again container handling 10 March 2014

Kandla Port Trust (KPT) has resumed handling of containers, by the conventional method, with immediate effect.

Charges will be recovered as per prevailing Scale of Rates of KPT until such time the container terminal is operative, according to an official release.

...

Ports industry finally sails out of muddy waters 10 March 2014

On the back of the recent reform push in the sector, including doing away with controversial tariff setting authority, two of the biggest international port operators have shown interest in investing more in India.

A top official from the Singaporean port operator said, "PSA has always upheld the belief that there is a great market potential in this country. We will continue to develop our existing port projects here and will be on the lookout for more opportunities to invest.”

Notably, late previous month, PSA successfully bid to build and operate the INR 7,900 crore fourth terminals at the country's largest container port Jawaharlal Nehru Port Tru...

Locate 2nd major port at Ramayapatnam 09 March 2014

A civil society organisation has urged President Pranab Mukherjee to give directions to the Centre to locate the second major port sanctioned for Andhra Pradesh at Ramayapatnam instead of Dugarajapatnam in view of security concerns and threat to the Pulicat ecosystem.

Launching a post card campaign here on Saturday to draw the attention of the President, Telugu Velugu president M.Venkateswarulu said “locating a major port at Duggarajapatnam will render the project unviable in view of the restrictions imposed by the Indian Space Research Organised which takes up five to six launches on an average every year.”

Releasing a copy of the reply received from ...

DP World fast tracks USD 200 million port project in India 08 March 2014

DP World has announced that it is fast tracking a project to build new facilities in India in a bid to start operations as early in 2015 as possible.

A major milestone in the development of the new DP World terminal at India's premier gateway port, Jawaharlal Nehru Port, has been achieved with the ceremonial laying of the foundation stone.

The ceremony was carried out by India's Minister of Shipping, GK Vasan, at the Nhava Sheva Gateway Terminal site.

Once constructed, the new terminal will add 800,000 Twenty Foot Equivalent Container Units (TEU) of container capacity to the port, and help ease congestion, as the port is currently operating beyo...

Cochin Shipyard to build dry dock at Chennai Port 08 March 2014

With the private sector not participating in the INR 250-crore tender for a dry dock and ship repair facility at the Chennai port, Cochin Shipyard Ltd (CSL) is likely to be roped in for the project.

CSL, a public sector enterprise, has shown interest in developing the dry dock and ship repair facility at the Chennai port. There was no response from the private sector to participle in the tender called by the Chennai Port Trust towards the end of last year.

Even in the pre-bid meeting, only CSL and one private player, Tebma Shipyards participated, said the ChPT source who did not want to be named.

Even CSL did not submit a bid, but put in an application ...

Paradip Port reports highest cargo of 61.84 mt till February 2014 08 March 2014

The Paradip Port Trust (PPT) handled the highest-ever record cargo of 61.84 million tonnes (MT) till February 2014 in the current fiscal as compared to 51.41 MT of cargo handled during the corresponding period of the previous year.

This is an increase of 20.27% over the traffic handled in the corresponding of the last financial year and 6.98% higher over the target fixed for the period. The PPT has handled 5.18 MT of cargo in February 2014. Similarly, 2.28 MT cargo was exported and 2.90 MT cargo was imported through the Port in the same month.

A record quantity of 2,54,798 tonnes of limestone was imported in February last surpassing the previous record of 2,44,609...

Ship cargo pollutes Sunderbans river water 08 March 2014

More than 1,300 tonnes fly ash and 10 tonnes of diesel have been floating on a river for more than 40 days near Kumirmari in the Sunderbans posing a severe threat to the marine life and food chain in the mangroves.

The ship owners did not even bother to inform the environment department, expecting 'other government departments' to do the job. By the time locals saw it and raised a voice the damage was done.

It all started at around 8am on January 23 when MV Haj Kaesh, a Bangladesh-bound barge 'ran aground' at Kumirmari's Bhanganghat and developed cracks. Though the ship started to sink, no SOS button was pressed for help. Instead, the crew star...

Vedanta terminal all set to handle 1st capesize ship 08 March 2014

Eight decades after it was opened to ocean traffic with an investment of INR 3.78 crore, Visakhapatnam port is set to join the world map as a leading port when the first capesize ship will dock at the fully automatic coal terminal developed by Vedanta on March 9.

Visakhapatnam Port Deputy Chairman G.V.L. Satya Kumar said, “The entire port fraternity is excited to greet the capesize vessel as it will give us more confidence to prove our capabilities as a natural harbour endowed with a rich hinterland and facilities to handle large ships.”

The coal terminal developed by Vizag General Cargo Berth Private Limited (VGCB), a 74:26 joint venture of Vedanta an...

India asks Bangladesh to open direct sea routes between the 2 countries 07 March 2014

India has asked Bangladesh to open direct sea routes between the 2 countries to boost bilateral trade, which is being hampered by congestion at the land customs stations on both sides. India aims to increase cargo to Bangladesh.

The Department of Commerce has asked Directorate General of shipping to work out a mechanism on how the plan could work out, according to sources.

A senior commerce department official said, to initiate the process, vessels have to be certified by both the sides so that they can operate in each other's territorial waters.

The official said, "We have asked DG Shipping to work out a protocol with Bangladesh on our regulat...

New Mangalore Port cargo volume goes up 6.4% 07 March 2014

The increase in the handling of crude oil and coal cargoes at New Mangalore Port has helped it to register a 6.4% growth in traffic handling during the first 11 months of the present fiscal year.

The port handled 35.76 million tonnes (mt) of cargo from April 2013 to February 2014 as against 33.61 mt in the corresponding period of the last financial.

The increase in the handling of cargoes such as crude oil, coal, and timber have contributed for this growth.

Mangalore Refinery and Petrochemicals Limited (MRPL), which is a major user of the port, imported 13.58 mt (12.83 mt) of crude oil through New Mangalore during the period.

The commissionin...

JNPT lays stone for container terminal on PPP model 06 March 2014

Mumbai' s status as economic capital of country is set to improve with Jawaharlal Nehru Port Trust (JNPT), the country's biggest container port in the country, on Wednesday laying the foundation stone for constructing a 330 meter large stand-alone container terminal at a cost of INR 600 crore.

The development will push JNPT among top 10 container facility ports in the world. The project is expected to be completed by end 2015. At present JNPT handles over 56% of the container volume in India. During the year 2011-12, JNPT recorded a total traffic of 65.75 million tonnes (mt) and container traffic of 4.32 million TEUs (Twenty-foot equivalent unit is a unit of cargo ca...

JNPT to double capacity in 5 years 06 March 2014

Union Shipping Minister G. K. Vasan said, the Jawaharlal Nehru Port Trust (JNPT) will be among the top 10 ports in the world in 5 years as its capacity will go up 130% by then.

Speaking at a function, organized to lay the foundation for a 330-metre-long 0.8 million Twenty Foot Equivalent Unit (TEU) new container terminal at the JNPT, the Minister said the public-private partnership (PPP) model in the port sector worked well. This terminal, to be set up by DP World’s Nhava Sheva India Gateway Terminal, will come up with an investment of INR 1,200 crore in a year.

“We, at the DP World, are fast-tracking the project to commence operations in early 2015,&r...

Shipping Ministry meets new port project targets for this FY 14 06 March 2014

Union Shipping Minister G K Vasan today said his ministry has met the Fiscal Year (FY)'14 target of awarding 30 port projects, which entail an investment of over INR 21,000 crore, adding 217 million tonnes (mt) in the annual additional capacity.

"This is the best achievement in our history and we have already met the aim for 2013-14," Vasan told reporters on the sidelines of an event to formally award two container project contracts to private parties at the country's largest container port JNPT (Jawahar Lal Nehru Port Trust). Hurrying through before the model code of conduct sets in, Vasan said the target has been achieved with almost a full month to go on...

Indian Coast Guard to have dedicated jetty at Karaikal port 06 March 2014

The Indian Coast Guard Station is slated to have a ship permanently based at Karaikal Port here.

Eastern Coast Guard Regional Commander, Inspector General S.P. Sharma said, Talks with MARG port for a dedicated jetty for Coast Guard operations was headed to a conclusion and an MOU was likely to be inked soon.

Commander Sharma was on a tour to assess the operational preparedness of the station and oversee infrastructural amenities that are under development for the station. A Coast Guard ship is likely to be berthed permanently for coastal patrol at the port within the next quarter. After protracted negotiations with the port, a 75-meter long berth dedicated for Coa...

Re-categorise cargo handling workers at VOC port 05 March 2014

Demanding re-categorisation of cargo handling workers at V.O. Chidambaranar Port (VOC), members belonging to the Democratic Staff Union, affiliated to the Port, staged a dharna in front of the administrative office building here on Tuesday.

R. Russell, secretary, Water Transport Workers Federation of India, who took part in the programme, said staff strength allotted by the management fewer than five categories, including on-board supervisor, tally clerk, winch man and signal man were inadequate, whereas under mazdoor category, there was excess staff strength. In the wake of CHLP’s (Cargo Handling Labour Pool) merger with the Port management in 2011, an understanding w...

Shipping firms optimistic about rebound in freight markets this year 05 March 2014

Shipping firms are expecting a sooner-than-expected rebound in the freight markets this year on the back of growing demand for commodities, especially from China. The optimism is, however, tempered by fears that continued oversupply of ships and geopolitical risks, such as the current stand-off between Russia and Ukraine, may tame demand and pull back rates.

Cold weather across much of the West lifted global tanker rates (due to increased oil imports) in the previous 3 months.

Although both the tanker and dry bulk freight rates have retreated since the highs of December, the shipping sector, which has been battling a tepid freight market over the last five years, ...

Indial Shipping handles the Import of a boat for usage at Hazira Port 05 March 2014

Indial Shipping has handled the import of a boat for the usage at Hazira Port. The boat which is meant to be used for patrolling was manufactured in Cork, Ireland.

Indial arranged for the local transportation on the boats own power from Cork to the Southampton port, where it was loaded onto a main liner ship earlier previous month.

The boat with a total length of 13.5 meter and a weight of 19.5 million tonnes (mt) was lifted and loaded under deck on a platform with the necessary engineering. It was discharged at Mundra Port earlier this week.

Indial Shipping has over the years accumulated a long list of major movements in the break bulk, heavylift &...

Pvt. firm may be inducted into JV to expand Chabahar Port 05 March 2014

Chabahar is an significant port along Iran’s Makaran coast and offers Iran easy access to the Indian Ocean. India has decided to spend some USD 100 million (approximately INR 619 crore) in developing Chabahar Port, which is considered strategically and economically important for the country’s exports to landlocked Afghanistan. It will be the first overseas venture by ports owned by the Indian Government.

Ministerial sources said, India may induct a private firm into a planned joint venture between two Union government-owned ports to develop a port at Chabahar in Iran.

They said, India and Iran will shortly sign a memorandum of understanding (MoU) for d...

Trade unions send SOS to rescue sinking ChPT 04 March 2014

The Cochin Port Trust (ChPT) Joint Trade Union Forum, a combine of trade unions at the Port Trust, has wanted immediate government intervention to save the port operator from going bankrupt.

To highlight its demand, a protest action centre is being opened at Thoppumpady on Tuesday by people in West Kochi and Palluruthy as a measure of their solidarity with the port employees who are now on a relay hunger strike before the port office on Willingdon Island.

Top on the list of demands by the port employees is that the Union government should pay for maintenance dredging now undertaken by Cochin Port Trust for the International Container Transhipment Terminal (ICTT). ...

APSEZ wants to be a pan-India player 04 March 2014

Adani Ports and SEZ Limited (APSEZ), is strengthening its foothold in the East Coast after establishing a major presence in the West.

It owns and operates three ports on the West Coast – Mundra, Dahej and Hazira – and is developing ports at Mormugao and Kandla.

In the East, it bagged a contract at Visakhapatnam port in 2011 to develop the EQ-1 berth and a part of the EQ-2 berth to handle steam coal (imported) in the inner harbour at a project cost of INR 324 crore.

On Sunday, the company signed a concession agreement with the Kamarajar Port Limited (KPL) at Ennore to the North of Chennai to expand a container terminal at an estimated cost of...

SCI announces hike in freight rates on ISE and IPAK Service 03 March 2014

The Shipping Corporation of India (SCI) announces hike in rates on ISE Service (Indian Subcontinent to Europe) & IPAK service w.e.f. March 1, 2014, to meet increasing operational costs and maintain high level of reliability and proficiency to the consumers.

It will be also applicable for the shipments from Indian Sub-continent to Europe, Mediterranean, Black Sea & Red Sea trade route. 

The cargo rate increase will be @ USD 200/20’ and USD 400/40’ w.e.f. 1st March, 2014.

SCI will continue to operate the Service with high level of reliability, proficiency and meet expectations of the consumers.

...

SAL and SAI Maritime load reactors in record time at Mumbai Port 03 March 2014

SAL and SAI have once again created a record of sorts. SAL shipl m. v. Anne-Sofie (2008-built, 2 x 700 mts cranes swl, 1 x 350 mts swl combinable up to 1,400 mts swl) loaded 27,500 freight tonnes of project cargo at Mumbai Port previous week.

The main cargo was 10 Catofin reactors admeasuring 21 x 13 x 9.75 meters - 324 metric tonnes each, and Cactus Assembly which had a height of 6.65 meters. As usual, the SAL crew, supported by the SAI team, loaded the cargo in record time.

m. v. Anne-Sofie is operated by SAL Heavylift (a member of the "K" Line Group), which is represented in India by exclusive agent Sai Maritime & Management Private Limited since ...

Kamarajar Port receives 647 acres after 12-year wait 03 March 2014

A request made by the Kamarajar Port Limited (KPL), formerly Ennore Port Limited (EPL), to the Salt Department a decade ago, to transfer a site for the port’s development, has materialized only now.

At a function here on Saturday, the Minister of State for Commerce and Industry, E.M. Sudarsana Natchiappan, under whose ministry the Salt Department functions, handed over the Possession Certificate for 647.8, acres purchased at a cost of INR 483 crore, to the Minister of Shipping, G.K. Vasan.

The long time taken for getting the land was described by the Joint Secretary (Ports), N. Muruganandam, as a ‘maamamgam’ (12 years.) Natchiappan said the sale ...

Govt. appoints N. N. Kumar as a new Chairman of the JNPT 02 March 2014

The government has appointed N. N. Kumar, IRS, as Chairman of the Jawaharlal Nehru Port Trust (JNPT).

He has been elevated from the post of Deputy Chairman. He was Chairman-in-charge since May, 2013.

...

Kamarajar Port signs contracts worth INR 5,782 cr 01 March 2014

Indian Oil Corporations Limited (IOC) and Adani Ports and SEZ Limited (APSEZ) today committed to invest a total of INR 5,782 crore in 2 different projects of Kamarajar Port Limited.

Kamarajar Port, earlier known as Ennore Port Limited (EPL), is planning to increase its capacity from the present 30 MTPA (Million Tonne Per Annum) to around 67 MTPA by the end of 12th Plan (2012-2017), which would require around INR 9,000 crore of investment.

G K Vasan, Union Minister of Shipping said, the 2 contracts by IOC and Adani are part of the capacity enhancement.

While IOC signed a Memorandum of Understanding (MoU) to invest INR 4,512 crore to set up a LNG Terminal...

Salt Department of the Central Government transfers 647.8 acres to Kamarajar Port 01 March 2014

The Salt Department of the Central Government has transferred 647.8 acres of land in Ennore region to Kamarajar Port Limited (formerly Ennore Port Limited).

Shipping Minister G.K. Vasan handed over a cheque for INR 484 crore to E.M. Sudarasana Natchiappan, Minister of State for Commerce and Industry, for the salt land.

M.A. Bhaskarachar, Chairman and Managing Director, KPL, at a function said, a major chunk of the salt land will be put to commercial use by KPL for creating yard space to park cars and for free trade zones, among others.

...

Traders plan to leave Cochin Port 01 March 2014

The trading community in Kochi is on the verge of leaving the Cochin Port, thanks to the frequent strikes that have been affecting the credibility of the port.

Office-bearers of various trade organizations, in a joint press release, have cautioned the authorities that they would be forced to shift operations to some other ports, if steps are not taken to find a permanent solution to the strikes, and normalcy is not restored immediately at the port.

The presidents of the Cochin Chamber of Commerce and Industry, the Indian Chamber of Commerce and Industry, the Kerala Chamber of Commerce and Industry, the Cochin Steamer Agents’ Association and the Cochin Custom...

Shipping Min cleared 88 projects in 4 years, says G.K. Vasan 01 March 2014

The shipping ministry has granted approvals to 88 new projects worth INR 42,953 crore in the last four years, said shipping minister G.K. Vasan.

The capacity at major ports has gone up from 575 million tonnes in 2009 to 800 million tonnes during the same period. Ports have also benefited from a revised tariff policy.

“Tariff hikes have been allowed based on achievement of performance standards. This has enthused the industry and the investors which is reflected in the renewed interest shown by all big majors in port PPP projects,” the ministry said in a brochure released recently. PPP is short for public-private partnerships (PPPs).

...

Chennai Port asks Shipping Ministry to merge Kamarajar, Ennore Chennai port 01 March 2014

The Chennai Port Trust (ChPT) has asked the Ministry of Shipping to merge the Kamarajar Port at Ennore with it or bring it under ChPT’s control.

This is to offset the loss of cargo to Kamarajar port and avoid unhealthy competition between the two ports. ChPT, which is a stake holder in Kamarajar port, has also urged the Ministry to continue the business incentive for the diversion of cargo, as Kamarajar Port has not absorbed the surplus labour according to the directions of the Madras High Court (HC).

Such a proposal is not possible as the Kamarajar port is a corporate entity, while the Chennai Port is under a Trust, an analyst tracking the shipping industry...

Shipping ministry achieves 2013-14 target 01 March 2014

Despite of poor investor sentiment in the infrastructure sector, the shipping ministry has claimed it had achieved the target of awarding 30 projects set by the PMO well before the end of the financial year.

Shipping minister G K Vasan said 30 port projects under public-private-partnership (PPP) mode have already been awarded involving an investment of INR 20,709 crore.

"We already have 36 PPP projects in operation, another 30 are underway and now we have awarded 30 more. This takes our total to 100 PPP projects. Several initiatives and interventions, including faster security clearances, quicker environment ministry's approvals and tariff reforms, have r...

Initial bids for Sagar Island port in 2 months, says G K Vasan 01 March 2014

The Shipping Minister if India recently said that the Government will invite initial bids for setting up a major port in Sagar Island in West Bengal in the next two months.

"The RFQ (Request for Qualification) for a major port in Sagar Island in West Bengal will come in the next couple of months," Shipping Minister G K Vasan said.

The feasibility report of the proposed port is done and the DPR (detailed project report) is under preparation. Cabinet Committee on Economic Affairs last year had approved the proposal of the Shipping Ministry for setting up a new major port in Sagar Island through the public-private Partnership (PPP) mode.

"Th...

New cargo support policy results in lack of coordination 28 February 2014

Lack of coordination towards improving India’s maritime sector became evident recently when the regulator held back implementing a policy change announced gave first preference to ships manufactured and registered in India for transporting cargo on local routes.

The decision was taken by the director general of shipping after a section of India’s fleet-owners objected.

The new policy is designed to help local shipbuilders tide over an order drought by incentivizing purchase of ships manufactured by Indian shipyards, and create a reliable market. The idea was to encourage a buy India framework, similar to what is followed in countries such as the US, Br...

India appears as largest exporter of shrimp to US 27 February 2014

India has emerged as the largest exporter of shrimp to the US market, for the first time in the history of seafood trade, in 2013.

Overtaking Thailand, India had shipped 94,000 tonnes of shrimp to USA valued at USD 1 billion.

Roughly 50% of India’s total shrimp export was to USA. Now India became eighth largest exporter of food items, including Spices and Seafood, to the United States.

A J Tharakan, National president of Seafood Exporters Association of India (SEAI) said that Thailand had a setback in the production of shrimp in 2013 due to the heavy onslaught of a disease called Early Mortality Syndrome (EMS).

Fortunately Indian aquacu...

Formation of Andhra Pradesh Maritime Port on cards 27 February 2014

According to state investment and infrastructure department secretary, MT Krishna Babu, formation of Andhra Pradesh maritime board is likely and a civil aviation policy towards logistics is on its way.

Addressing a conference organized by the Confederation of Indian Industry here on Wednesday, Babu said the state government had worked in the direction of creating a grid for oil and gas. A panel had also been set up to develop a new port through Public Private Partnership (PPP).

Adviser to Railway Board on infrastructure, Girish Pillai, said a model shift from road to rail and a model mix of logistics were required. He pointed out that railways had opened up a lot ...

Gujarat Port gets nod for expansion 27 February 2014

Gujarat Pipavav Port Limited (GPPL) has got the green signal for its expansion plans. Last Friday, the company announced it received nod from the ministry of environment and forests for its expansion plan. GPPL intends to expand its container capacity to 1.5 million Twenty Foot Equivalent Unit (TEU) from 0.85 million TEU presently.

The brokerage firm said, the company’s container cargo volume improved by 16% in 2013 over 2012 to 0.66 million TEU. GPPL follows a January-December fiscal year. The present storage capacity of 0.85 million TEU could be a limiting factor in CY15 assuming volume growth at about 12%, pointed out Antique Stock Broking Limited in a note on Wedne...

PSA wins JNPT`s 4th container terminal project 27 February 2014

The Board of Trustees of Jawaharlal Nehru (JN) Port on Wednesday approved the bid of PSA of Singapore for developing a 4th container terminal.

The Singapore-based global port operator became the top bidder for the INR 8,000-crore project after it offered to share 35.79% of the revenue to the government in the auction held last week.

NN Kumar, Chairman, JNPT said, contracts for port projects under the public-private partnership (PPP) scheme are awarded to the bidder willing to offer the highest revenue share. “We have issued the letter of award (of the project) to PSA today.”

He said that “PSA will have to acknowledge the letter of awar...

Ennore Port officially renamed as Kamarajar Port 26 February 2014

South India’s popular port Ennore Port Limited has been officially renamed as Kamarajar Port after the veteran Congress leader and former Chief Minister of Tamil Nadu.

The Shipping Minister of India GK Vasan announced it at government function in Chennai and also inaugurated the name board to mark the renaming process. He said a nine feet tall statue of the late leader will be installed in the Port premises.

Kamarajar port was one of the top performing ones in India, he said, adding, projects proposed for it include development of LNG Terminal at an investment of INR 4,512 crore besides a container terminal at a proposed INR 1,270 crore for which an agreemen...

Lorry strike halts container movement at ICTT 26 February 2014

Container movement to and from the International Container Transshipment Terminal (ICTT) at Vallarpadam has come to a standstill following a strike by container lorry owners and workers against preventing the lorries from using the reach of the National Highway (NH) 47 between Edappally and Kundannoor.

Charles George, convenor of Trade Union Coordination Committee, said the authorities had promised to look into the matter and find a solution soon.

He said, ďThe extra distance covered by the lorries to reach ICTT was now 32 kilometer (km) and this led to hardship and spending of more money.Ē

A writ petition has been moved in the Kerala High Court (HC) ag...

State govt. plans to establish a minor port at Silambimangalam 26 February 2014

The Tamil Nadu (TN) Government has revived plans to set up a minor port at Silambimangalam in Cuddalore district to meet future logistics demand of cement, sugar and textile industries in the region. According to Government sources, Silambimangalam port has a huge potential as this region has been declared as a Petroleum, Chemicals and Petrochemicals Investment Region by the Centre. Thermal power plants based on imported coal are also coming up in the area.

Sources said, the existing Cuddalore minor port, which is around 25 kilometer (km) north off Silambimangalam, cannot be expanded due to draft restriction. Approach to the port is also a challenge.

Sources said,...

National Shipping Board proposes IMS 25 February 2014

The National Shipping Board has sent a proposal to the Union Shipping Ministry for introduction of an Indian Maritime Service (IMS).

A resolution was adopted here at the board meeting on Monday. The meeting was presided over by NSB Chairman PVK Mohan. Director-General of Shipping Gautam Chatterjee, Visakhapatnam Port Chairman RPS Kahlon, and others participated in it. The board recommended to the Ministry of Shipping to either constitute a committee or appoint a consultant to work out the modalities.

The IMS will be on the lines of all-India services such as the IAS and IPS. The move is likely to help overcome the dearth of professional administrators in the shipp...

Tender dates for VISL project extended 25 February 2014

The dates for calling of global tenders for the Vizhinjam International Seaport Limited (VISL) project has been extended till March 21. The port authorities have also combined the two tenders Engineering Procurement and Construction (EPC) and Public-Private Partnership (PPP).

VISL Chief Executive Officer (CEO) and managing director A S Suresh Babu said, "This will not only bring in some clarity but even make the works move faster. We have got a good response and are expecting at least four to eight tenders from firms based in Korea and Europe.”

The Union ministry of environment and forest (MoEF), while giving clearance to the project, had stipulated 29 ...

Coal stocks at Indian ports increase 5% 25 February 2014

According to data released late Friday by Indian shipbroker Interocean Group, stocks of imported coal at 16 major ports in India rose 5% week on week to 7.9 million tonnes (mt) as of February 21.

The data showed, of the total, thermal coal accounted for 5 mt, down 7% week on week, while coking coal stocks jumped 38% to 2.9 mt.

Paradip port on India's east coast had the highest level of coal stocks as of February 21, at approximately 1.6 mt, up 6.6% from the last week, the data showed.

Krishnapatnam port, also on the east coast, had the highest level of coking coal stocks, at 1.1 mt, up from 241,218 mt a week ago.

The 16 ports surveyed by ...

India should increase shipbuilding capacity 24 February 2014

President Pranab Mukherjee said here, India has to increase its turnout of quality maritime personnel and its ship-building capacity if it has to emerge as a major economic power.

Delivering his address at the convocation function of Indian Maritime University. he said: "If India is to emerge as a major economic power in future, it would require substantial stepping up in the out-turn of quality maritime personnel and addition to our ship-building capacity. Ship-building has the potential to generate a lot of employment, both in rural and urban areas."

Only 10% of the country's trade is carried by Indian vessels despite the fact that India has over 7...

Shipping Ministry aims for 9% of seafarers to be Indians 24 February 2014

The Ministry of Shipping has said it has set itself a target to boost the strength of the Indian seafarers to 9% of the global share, from the present 7%.

In his address at the first convocation of the Indian Maritime University, Union Minister for Shipping G K Vasan said that presently Indian seafarers account for 7% of the global strength.

Presently India has 135 maritime institutes offering pre-sea and post-sea training in various streams. The Indian Maritime University was set up in 2008 aimed at consolidating these efforts.

He said that “As set out in the Maritime Agenda 2020, we aspire to substantially increase the strength of our seafarers ...

Bahriís new RoCon ship calls Mumbai Port on maiden voyage 24 February 2014

The National Shipping Company of Saudi Arabia (Bahri), formerly referred as NSCSA, received its fifth new RoCon ship, Bahri Jeddah, on her maiden voyage at Mumbai Port on February 16, 2014.

Bahri Jeddah sailed from Mumbai after completing its cargo operations on February 19. The onward journey was to Arabian Gulf/Red Sea/Mediterranean/USEC.

Bahri’s General Cargo Division is a niche specialist and carries containers, roll-on roll-off and project cargoes from/to Mumbai Port to Saudi Arabia, Italy, the US and Canada.

The Bahri Jeddah is the fifth of 6 Hyundai-built RoCon ships likely to be delivered during 2013-14. Equipped with heavy lift cranes, ea...

Parliamentary panel : Major ports FY 14 capacity expansion plan not rational 24 February 2014

The port capacity addition aims fixed by the shipping ministry for the present financial are not rational, a Parliamentary panel has said while expressing apprehensions that these may not be achieved.

The Standing Committee on Transport, Tourism and Culture said in a report tabled in Parliament this month, "It appears that the aims are being fixed routinely without any rational basis and no connection with the past performance. The committee is surprised at the confidence of the Ministry to achieve the target fixed for the year 2013-14.”

For the current financial, the ministry fixed aim of awarding 32 projects involving capacity addition of 288 million ...

GVMC and VPT to develop basic amenities 24 February 2014

Municipal Commissioner M.V. Satyanarayana said, GVMC and the Visakhapatnam Port Trust (VPT) would take up improvement of basic amenities in the city with INR 14.23 crore, which is the value of 51% of the taxes the latter has to pay to the corporation.

It is a practice between the GVMC and the VPT for the latter to pay 49% of the its taxes in cash and take up works worth the value of the rest 51%. The VPT has to pay INR 27.92 crore as taxes during the current fiscal year (FY). It will soon pay to GVMC INR 13.68 crore in cash.

Satyanarayana said, a proposal was made to the VPT on works worth INR 7.12 crore like development of beach at Lawson’s Bay (INR 3.50 cr...

VPT to launch beach nourishment 24 February 2014

Visakhapatnam Port Trust (VPT) is all set to start beach nourishment in the most vulnerable areas.

The nourishment became a subject of heated debate following collapse of footpath near Kursura Submarine Museum following sea surge, which some of the experts attribute to severe soil erosion and cyclonic storms like Helen, Lehar and Phailin which hit the coast in quick succession in 2013.

VPT Deputy Chairman G.V.L. Satya Kumar said, “We are set to pump four lakh cubic metres of sand this time in the areas being identified vulnerable.”

Asked whether this time the nourishment would be concentrated on the Coastal Battery side or the beach near Kur...

Vizag, Vizianagaram to be growth engines, says Assocham 22 February 2014

Industry body Assocham feels that coastal cities of Visakhapatnam and Vizianagram will be growth engines in Seemandhra while Hyderabad will continue to retain its appeal as the global hub of business activities.

Commenting on formation of separate Telangana state, it hoped that the two new states would flourish.

"We only hope that the political turmoil over the Telangana issue is over and the two new states will flourish even more after creation of Telangana," said Assocham president Rana Kapoor.

He said the special status to Seemandhra would make it an attractive centre of industrial investment.

"The locational advantages of V...

Gujarat Pipavav Port receive eco nod for expansion plan 22 February 2014

Gujarat Pipavav Port has received approval from the Ministry of Environment & Forests (MoEF) for its expansion plan.

The earlier approval (on June 5, 2012) was challenged by an NGO in the National Green Tribunal, which through its order on August 22, 2013 kept the clearance in abeyance for six months.

After an Expert Appraisal Committee reviewed the expansion plan and recommended its approval, MoEF gave its final clearance. The stock on Friday jumped 2.69% at INR 70.5 on the Bombay Stock Exchange (BSE).

...

Korean warship calls at Cochin Port 21 February 2014

A destroyer of the Korean Navy, which is on its way back after a 5-month-long deployment in the Gulf of Aden, has called at the Cochin Port. It carried out extensive anti-piracy patrol alongside the NATO combined forces in the Gulf of Aden.

Commanded by Captain Choi Sung Mok, ROKS Choi Young of the Republic of Korea berthed at Kochi on February 19, arriving from Abu Dhabi. The Consul General of Korea in Chennai Kyungsoo Kim is also in the city in connection with the vessels arrival. The ship is scheduled to leave Kochi for Hi Chi Minh City in Vietnam on February 22.

...

Visakhapatnam Port cargo handling may fall short of fiscal target 21 February 2014

Visakhapatnam Port, one of the premier ports in the country, is likely to handle some 59 million tonnes (mt) by March 31 – almost the same quantity of cargo it handled during the previous financial.

At present, it is caught in a neck and neck race with JNPT and Mumbai ports for the third slot. Visakhapatnam Port Trust (VPT), which is confident of ramping up its capacity as well as achieving faster evacuation of throughput with its mechanization plan gaining momentum from 2014-15, handled 50.94 mt as on Thursday, a drop of 1.36 million tonne over the corresponding period previous year.

Economy slowdown, dislocation due to massive mechanization work undertaken...

PSA International wins bid to build INR 8,000 cr container terminal at JNPT 21 February 2014

PSA International trumped Adani Ports & SEZ (APSEZ) to win a bid to construct and manage the much-delayed INR 8,000-crore fourth container terminal at Jawaharlal Nehru Port Trust (JNPT) by offering 35.90% revenue share to the port, even as 5 other qualified bidders decided to abstain from participating.

NN Kumar, chairman-in-charge at JNPT said, the only other bidder, APSEZ, offered 29% revenue share.

The project, which is going to be awarded on a design, build, finance, operate, transfer ( DBFOT) basis, was first awarded to PSA in 2012.

The project was first awarded to PSA with ABG Ports, but the winning consortium split after offering a revenue sh...

Ennore Port to be renamed as Kamarajar Port 20 February 2014

Ennore Port in Chennai, one of the 12 major ports in the country, will now be known as Kamarajar Port. K Kamaraj was a freedom fighter and the architect of modern Tamil Nadu.

A source said after the meeting here, “The Cabinet has taken a decision to rename Ennore Port Limited (EPL) as Kamaraj Port Limited (KPL).”

The port, which started functioning in 2001, is a schedule B mini ratna company. The capacity of the port at present is 31 million tonnes (mt) and it has 6 berths, including three for coal and one for iron ore.

During the previous fiscal year (FY), the port handled 17.88 million tonnes (mt) of cargo. For 2013-14, the traffic through...

Singapore`s PSA bags container handling contract at Kolkata port 19 February 2014

PSA International Pte Ltd has won a container-handling bond at Union government-owned Kolkata port, which will help the firm boost its presence on India’s eastern coast.

PSA, the world’s largest container port operator, quoted a rate of INR 1,748 for handling a loaded container to emerge the lowest bidder for the operation and maintenance (O&M) agreement to handle containers from five berths at Netaji Subhas Dock of Kolkata port.

According to the tender terms, India’s tariff regulator for ports owned by the Union government had permitted Kolkata port to charge INR 4,082 from consumers for handling a loaded container. Out of this rate, Kolkata...

Gujarat Pipavav Port Q4 earnings more than doubles to INR 77 cr 19 February 2014

Gujarat Pipavav Port today posted over two-fold jump in its December quarter net profit at INR 77.1 crore.

The firm, which follows the calendar year for auditing, had posted net profit of INR 36 cr in the fourth quarter previous year.

Total expenditure stayed approximately flat at INR 61.7 crore. Earnings before tax, depreciation and interest computation were up 47% to INR 83.5 crore, it said, adding during the reporting quarter, there was a INR 16.4 crore write-back of impairment net of depreciation/write-offs.

It said, for the reporting quarter, there was a 24% boost in volume handled by the company due to the additional services it offered and normal...

Ennore Ports to more than double capacity to 65 mt 19 February 2014

Seeking to more than double its capacity to 65 million tonnes (mt) over the next few years, Ennore Port has decided to award the previous of the 4 expansion projects, envisaging an investment of INR 151-crore to build a multi-cargo berth, to the lone bidder by the end of the month.

A top official said, with this, the state-run port will be meeting its FY14 aim of awarding 35 mt capacity addition, by the end of the month.

Port chairman and managing director M A Bhaskarachar said, the port has a capacity to do 30 mt at present and will be adding 35 mt more in the next few years.

He said that "We expect to award the multi-cargo berth project by the en...

EPL issues LoA to Adani Port for container terminal project 19 February 2014

Ennore Port Limited (EPL) has issued a Letter of Award (LoA) Adani Ports to set up container terminal at the Port.

Adani Ports emerged as the highest bidder to build the INR 1270 crore container terminal, against another bidder, DP World. Third firm, Singapore Port Authority did not participate in the final financial bid, according to sources.

The Board has given its nod for Adani Ports proposal at the Board meeting held last week. Adani offered a revenue share of 37% beating DP World, which offered 27%.

Totally 11 firms have shown interest in the technical bid, however only 3 firms came to financial bid, earlier, the official said.

...

Ennore Port to build multi- cargo berth worth Rs 151 cr 18 February 2014

Ennore Port declared that it will soon award contract to build and run Rs 151-crore multi-cargo berth with a capacity to handle 2 million tonnes (mt) in the next 10-15 days once it receives security clearance for the lone bidder.

Chairman and Managing Director MA Bhaskarachar declined to share the name of the sole bidder. Currently port capacity in south India far exceeds demand.

...

Ennore Port to award INR 151-cr agreement to build multi-cargo berth 18 February 2014

Ennore Port said it would soon award bond to build and run INR 151-crore multi-cargo berth with a capacity to handle 2 million tonnes (mt) in the next 10-15 days once it receives security clearance for the lone bidder.

Chairman and Managing Director MA Bhaskarachar declined to share the name of the sole bidder. Presently port capacity in south India far exceeds demand.

Previous week Ennore Port awarded the rights to run the INR 1270 crore container terminal to Adani Ports, which offered revenue share of 37% to the union government run port. Adani was one of tion to retain over-subscription up to INR 250 crore.

The firm reported a profit of INR 147 crore...

EPL to raise INR 500 cr through bonds 17 February 2014

Ennore Port Limited (EPL) a Mini Ratna company plans to enter the debt capital market to raise INR 500 crore. The firm is planning to enter the market on February 18, 2014 with a public issue of tax free secured, redeemable non-convertible bonds of face value of INR 1,000 each. The bond issue aggregates up to INR 250 crore, with an option to retain over-subscription up to INR 250 crore.

The Coupon rate for Qualified Institutional Buyers (QIB), Corporate, High Net Worth Individuals (HNIs) has been fixed at 8.36% per annum for 10 years, 8.75% per annum. For 15 years and 8.75% per annum for 20 years. For Retail Individual Investors, the coupon rate will be 8.61% per annum. For ...

APSEZ wins Ennore container terminal bid 17 February 2014

Ennore Port Limited (EPL) in Tamil Nadu has awarded a agreement to build a container-loading facility to Adani Ports and Special Economic Zone Limited (APSEZ) after the firm placed the highest revenue-share price bid previous week.

APSEZ had cited a revenue share of 37% for building the new terminal with an investment of INR 1,270 crore that can load 1.4 million standard containers a year. Port contracts at Union government-controlled ports are decided on the basis of revenue share—the entity willing to share the most from its annual revenue wins the contract.

A spokesman for Ennore Port said, “The board of EPL the revenue share bid placed by APSEZ on ...

Gammon container terminal project expected to start soon 17 February 2014

The sources said, the long-pending dredging work that blocked the launch of Gammon Infrastructure Projects' offshore container terminal at Mumbai Port Trust (MbPT) and caused endless disputes will finally begin after a delay of more than 6 years.

International Seaport Dredging turned out to be the lowest bidder with quote of INR 268 crore when the bids were opened previous week. Other contractors bidding for the project were Dharti Dredging and Van Oord.

A senior official with Mumbai Port said, "The winning bid will be officially awarded the project in another 15-20 days. There are some administrative approvals pending.Ē

Indira Container Terminal, a joi...

State govt. plans to implement minor ports policy 17 February 2014

The Karnataka Government is planning to implement a policy for the improvement of minor ports in the State.

Some minor ports in the State would be developed through private participation to encourage export and import activities, Chief Minister (CM) Siddaramaiah said.

CM said that “With a view to encouraging commercial and industrial activity in the coastal areas of the State through development of small ports under public-private partnership and for providing suitable infrastructure facilities, it is planned to enforce the Karnataka Minor Ports Policy.”

Siddaramaiah said, the expansion of jetty will be taken up at fish landing centre at Ten...

Chennai-Colombo-Gulf service starts 17 February 2014

The maiden arrival of ship m.v. Sima Perfect on Friday at the Chennai Container Terminal Limited (CCTL) marked the commencement of direct weekly service of Chennai-Colombo-Gulf (CCG) service from Chennai.

Operated by Simatech Shipping through its agent Greenways Shipping, the service will connect Chennai with Gulf countries. The ships, with a carrying capacity of 1,200 Twenty Foot Equivalent Units (TEU) of containers each will call at Chennai, Colombo, Cochin, Jebel Ali, Cochin, Colombo and Chennai.

It will reach CCTL on Fridays and depart the next day. On its maiden voyage, Sima Perfect carried 350 TEU of containers for discharging at Colombo and Jebel Ali.

...

India offers to set up direct shipping route to Chabahar port 17 February 2014

India offers to establish direct shipping route to Iran’s southeastern Chabahar Port in a bid to cut the costs of the transit of commodities between the 2 countries.

The offer was made during a meeting between Iran's Minister of Road and Urban Development Abbas Akhoundi and an Indian delegation of experts in Tehran on Sunday.

Indian Ambassador to Tehran Shri D.P. Srivastava, who was present in the meeting, said an Indian private firm is prepared to launch a direct shipping link between Chabahar and Indian ports in order to bypass Dubai where Indian container ships have to cross to reach Iran.

The Indian diplomat said the capital investment ini...

Wipro Technologies to set up SEZ in Port city 16 February 2014

At a time when bifurcation blues are giving sleepless nights to techies from the Seemandhra region, here's finally some good news. IT giant Wipro Technologies has zeroed in on the Port city for special economic zone (SEZ) software development facility housing over 1,000 software professionals.

Wipro is planning to set up a new seven-storeyed building to house the SEZ facility and has already sought the approval of the AP Information Technology and Communications (IT&C) department as well as Andhra Pradesh Industrial Infrastructure Corporation (APIIC), according to sources.

A senior government official said, "Wipro has expressed interest in setting up ...

ESL consolidated Dec 13 sales at INR 419.96 cr 15 February 2014

Essar Shipping Limited (ESL) has reported a consolidated sales turnover of INR 419.96 crore and a net loss of INR 86.24 crore for the quarter ended Dec '13. Other income for the quarter was INR 32.81 crore.

For the quarter ended Dec 2012 the consolidated sales turnover was INR 781.86 crore and net profit was INR 17.85 crore, and other income INR 10.80 crore.

Essar Shipping shares closed at 16.85 on February 13, 2014 (NSE) and has given 11.59% returns over the last 6 months and -27.99% over the last 12 months.

...

SCI Q3 net loss narrows to INR 66 cr 15 February 2014

Shipping Corporation of India (SCI) today reported a narrowing of net loss to INR 65.67 crore for the quarter ended December 31, helped by gains booked on sale of vessels.

The state-run firm had reported a net loss of INR 75.26 crore during October-December quarter of the last financial.

The total income of SCI was up 7.6% at INR 1,110.77 crore during the third quarter of the current fiscal, mainly due to INR 72.97 crore incomes on profit incurred for sale of ships during the quarter, it said. Total income during the corresponding quarter of the previous financial stood at INR 1,031.68 crore.

The company said in a filling to the Bombay Stock Exchange (B...

Adani Port gets approval from Enore Port to build container terminal 15 February 2014

The Board of Ennore Port Limited (EPL) today gave its nod for Adani Ports & Special Economic Zone (APSEZ) to build a INR 1,270 crore container terminal at Ennore Port, approximately 45 kilometer (km) from Chennai.

The project will not come under Tariff Regulator for major ports Tariff Authority for Major Ports (TAMP), since the port is not a major port.

Adani Ports emerged as the highest bidder to build a container terminal, compared to DP World which was the runner. Third firm, Singapore Port Authority did not participate in the final financial bid.

A senior official from the Port has confirmed the development and said that the Board gave its nod f...

Red sanders wood worth INR 10 cr seized at JNPT 14 February 2014

The Customs officials have seized 10 tonnes of red sanders wood at the Jawharlal Nehru Port Trust (JNPT).

An official said, the contraband was headed for South Asian countries. Special Investigation and Intelligence Branch, acting on a tip-off, intercepted 2 containers and seized the sanders worth over INR 10 crore.

He said that "The container was a refrigerated container, popularly called as reefer.”

The smugglers had resorted to 'factory stuffing' wherein the contents of the containers are checked in the factory itself by customs officials, who later seal the container.

He added that "We found that the seal of the co...

Gammon Infra Projects soon to commence work at Mumbai Port 14 February 2014

The long-pending dredging work that blocked the start of Gammon Infrastructure Projects' offshore container terminal at Mumbai Port Trust and caused endless disputes, will finally start after a delay of more than six years, two people familiar with the matter said.

International Seaport Dredging turned out to be the lowest bidder with quote of 268 crore when the bids were opened last week. Other contractors bidding for the project were Dharti Dredging and Van Oord.

"The winning bid will be officially awarded the project in another 15-20 days. There are some administrative approvals pending," said a senior official with Mumbai Port familiar with the m...

Essar Shipping announces third quarter financial results 14 February 2014

The leading Indian shipping and logistics corporation, Essar Shipping Limited (ESL) announced its financial results for the third quarter (Q3) ended December 31, 2013.

The results were taken on record at the meeting of the Board of Directors of the Company held on February 13, 2014.

During Q3FY14, the Company registered consolidated revenue of INR 452.77 Crore, EBITDA of INR 145.54 Crore and Net Loss of INR 86.24 Crore. For the corresponding quarter of last year, the Company registered consolidated revenue of INR 792.66 Crore, EBITDA of Rs.221.68 Crore and Net Profit of INR 17.85 Crore.

The consolidated revenue for the nine-month period ended December 3...

BTL start new import connection from Colombo to KPCT 14 February 2014

Krishnapatnam Port Container Terminal (KPCT) has sailed into a new frontier with the addition of Bengal Tiger Line’s (BTL) new BOX-2 Colombo feeder service.

This new, fixed-day weekly service has a port rotation of Colombo, KPCT, Chennai. The maiden call at KPCT was on February 7 with the M.V. Tiger Bridge.

A KPCT release said, all Non Vessel Operating Common Carrier (NVOCC), liners can load on this service as it is a common carrier feeder vessel. Further, this service will provide a direct import connection from Colombo to KPCT, which will enable importers in the Andhra Pradesh hinterland to bring in their cargoes coming from Europe, the US, Middle East, We...

Panel plans to set up 2 new ports 14 February 2014

An empowered committee of secretaries has been set up to expedite setting up two new major ports in the country, Parliament was informed on Thursday.

These 2 ports are planned at West Bengal and Andhra Pradesh, entailing an investment of INR 15,820 crore.

Shipping Minister G K Vasan said, “Steps have been taken for speedy implementation of projects empowered committee of secretaries to resolve implementation related matter has been constituted.”

Techno-economic feasibility study has already been conducted while limits for port in Andhra Pradesh Dugarajapatnam have been notified, he said.

Vasan said, transaction advisor for West Be...

Lakshadweep to increase shipping services 14 February 2014

Union Territory of Lakshadweep Administration is augmenting the shipping services for passenger between mainland and islands of Lakshadweep.

The Lakshadweep Administration is acquiring 2 additional passenger-cum-250 Ton Cargo ships, of which the first ship is likely to be delivered by March, 2014 and the second ship by July, 2014. The construction of these ships is being undertaken by Colombo Dockyard in Sri Lanka, said Minister of Shipping G.K.Vasan.

...

Improvement of PPT projects reviewed 14 February 2014

Union shipping secretary Vishwapati Trivedi reviewed the status of various ongoing projects of Paradip Port Trust (PPT) and expressed his satisfaction over progress of the projects.

Trivedi inaugurated the newly built Multi Storied Modern Trade Centre in the Port Township and met officers and trade union leaders.

He expressed satisfaction that Paradip Port was having 108.50-million tonnes (mt) cargo handling capacity, highest among all the major ports of the country.

...

State govt. to set up special force for non-major ports 13 February 2014

The Gujarat government has decided to set up a special 690-men strong force for securing some of the key non-major ports in the state.

The project is likely to cost INR 10 crore in the region initially and INR 5 to 6 crore per annum later, which would be borne by the Gujarat Maritime Board (GMB), said a senior official.

The state home department recently cleared the proposal to recruit personnel for the special force to strengthen security at Mundra, which is one of the largest ports in the country, Alang, the ship-breaking hub, and some other non-major ports in the state. The personnel, who will be called marine commandos, will be divided into 6 battalions.

...

Kozhikode port revival to receive priority in master plan 13 February 2014

Kozhikode could boast of having a port just a few meters away from the heart of its city. But with time the famed port literally disappeared leaving behind a few old pillars of the old 'kadalpalam' that was one of the wharfs of Kozhikode port.

But now some port officials are busy with an ambitious project to revive the old port and convert it into a major passenger terminal of Malabar. The shipping activities of Kozhikode are centered at Beypore, which once was operating as the 10th wharf of Kozhikode port.

The state port department has decided to revive the master plan for Beypore port improvement. The master plan will stress the need to revive Kozhikode ...

Political uncertainty and route rationalization hit coal traffic at VPT 13 February 2014

Visakhapatnam Port Trust (VPT), which is going all-out to boost its coal handling capacity by modernizing its berths, has witnessed a decline in the handling of thermal and coking coal by 5.1% and 2.7% respectively during the April to January 2013-14 financial as compared to the corresponding period previous year.

Industry sources said, however, with 2 new private terminals likely to come up during this calendar year in addition to 2 existing private terminals, the overall coal handling capacity will rise to around 25 mt.

The sources said, Route rationalization and political uncertainty want to be addressed for giving coal traffic at VPT a shot in the arm.

Mr. Shetty Conferred with `Business Leader of the Year` at SMP world Expo 2014 12 February 2014

All cargo Logistics Limited’s Founder and Executive Chairman Shashi Kiran Shetty has been felicitated by one of India’s oldest foundations ‘CHEMTECH’ in their annual ‘Leadership & Excellence Awards 2014’ held in Mumbai. He has been conferred with the prestigious ‘Business Leader of the Year’ award in the Logistics category.

The Leadership & Excellence Awards ceremony was part of the foundation’s annual Shipping, Marine & Port (SMP) World Expo 2014. The International Exhibition & Conference was organized to provide insights, discuss challenges and opportunities for Indian Marine, Shipping, Ports and logisti...

Drive-through container scanner will be installed 12 February 2014

A drive-through container scanner (DTCS) system to prevent smuggling will be installed at the International Container Transshipment Terminal (ICTT) at Vallarpadom in a year; Customs has informed the Kerala high court (HC).

Customs' submission was in the form of an affidavit filed through its counsel John Varrghese in response to a petition filed by Vengara Marketing Agencies. Previous month, the high court had asked Customs to inform steps take to set up x-ray scanners and the time needed to install them.

The Customs' affidavit said, DTCS are planned to be implemented at Kochi, Mundra in Gujarat, and Jawaharlal Nehru Port Trust (JNPT) in Mumbai.

...

Hike in freight rates good news for shipping firms 12 February 2014

The end of 2013 and the beginning of 2014 have encouraged shipping firms in India, with freight rates touching a 3 year high, mostly on the back of improved demand for movement of oil and iron ore.

Shipping firms which have been struggling in a lean freight market in the previous few years are, however, still cautious about the outlook for the rest of the year.

The Executive Chairman of the Great Eastern Shipping Company, said that “Well, at the moment, things look good. But probably it is seasonal as there is improved movement of oil and dry cargo in winter. But whether it is sustainable or not remains to be seen as there is still excess tonnage in the mark...

India keen to have new inland waterways with Bangladesh 12 February 2014

Officials said, India will soon ask Bangladesh for new inland waterways, a move that would facilitate the movement of goods and machinery between the 2 countries.

A top central government official said, "The planned waterways between the northeastern states of India and Bangladesh would boost the trade and economy between the two countries.”

India and Bangladesh share 2,979 kilometer (km) of land border and 1,116 km of riverine boundary. The 2 neighbours share 54 rivers, including eight rivers flowing from Tripura.

"India had earlier informally planned to Bangladesh about the new waterways. The formal proposal would be officially submitt...

FEW enters maritime transport 12 February 2014

FACT Engineering Works (FEW), the fabrication division of Fertilizers and Chemicals Travancore (FACT), has announced its entry into maritime cargo transport with the manufacture of barges.

The first FEW-built barge will be handed over to FACT, which plans to use it for transporting liquefied ammonia in its various divisions.

FEW have already commenced the fabrication of 6 bullet tanks for the barge at its workshop at Palluruthy, near here. Each bullet tank has a capacity to carry 32 tonnes of liquid ammonia. A single barge is fitted with 6 bullet tanks, which together can carry 192 tonnes of ammonia in each trip.

Since barge transportation is more eco-f...

Too many vessels chasing little cargo 12 February 2014

Huge oversupply of ships in the market is impacting the business of Shipping Corporation of India (SCI).

Although its ships were fully deployed, it was not getting good freight rates, the firm said.

“We’re witnessing plenty of vessels chasing little cargo,” said AK Gupta, chairman and managing director of SCI, who was here previous week for an orientation programme for officers of public sector enterprises.

The public sector enterprise has not performed well this year due to weak demand and low freight charges, according to him.

He said, “The recession has gone a bit too long.”

He added that this is th...

Ennore Port plans to increase INR 500 cr through NCD issue 12 February 2014

Ennore Port proposes a tax free secured, redeemable, non-convertible bonds of face value of INR 1,000 each, in the nature of debentures having tax benefits, for an amount aggregating upto INR 250 crore with an option to retain over subscription upto INR 250 crore, aggregating to a total of INR 500 crore in financial 2014.

The firm is a developer and operator of Ennore Port, India's 12th major port under the Ministry of Shipping, Government of India.

SPA Capital Advisors Limited, AK Capital Services Limited, Karvy Investor Services Limited and RR Investors Capital Services Private Limited are the lead managers to the issue. Link Intime India Private Limited is ...

11 Major Portsí employees to get improved pension profit 11 February 2014

Retired workers and employees of the 11 Major Ports would get a 10 to15% boost in their pension per month with effect from January 1, 2012 as per the recommendations of the Bipartite Wage Negotiating Committee constituted by the government.

The employees and workers of the government-run ports have been paid arrears of the previous 2 years, Mohan K. Aswani, Additional General Secretary of Indian National Port and Dock Workers’ Federation (INTUC) and President of Kandla Port Karamchari Sangh, said in a statement.

There was a demand/settlement clause, based on this settlement, to allow the benefit of consolidation of pension as per Central government pattern. ...

APSEZ highest bidder for INR 1,270-cr container terminal at Ennore port 11 February 2014

The Adani Ports & Special Economic Zone Limited (APSEZ) has emerged as the highest bidder to construct a container terminal at the Ennore Port.

The company offered highest revenue for the planned INR 1,270 crore project, compared to DP World which was the runner. Third company, Singapore Port Authority (SPA) did not participate in the final financial bid.

A senior official from the Port has confirmed the improvement and said that that Adani offered a revenue share of 37% beating DP World, which offered 27%.

Totally 11 firms have shown interest in the technical bid, however only 3 firms came to financial bid, the official said.

It may be n...

2 new ports to be commissioned by 2020, says G K Vasan 11 February 2014

2 new ports in West Bengal (WB) and Andhra Pradesh (AP) to be commissioned by 2020, Parliament was informed today.

Shipping Minister G K Vasan informed the Lok Sabha today, "the government has decided to set up 2 new major ports, one each at Sagar in WB and Dugarajapatnam in Nellore district of AP. As per the feasibility report prepared the date of completion of the Phase-I of the project at Dugarajapatnam is 2018 and for Sagar 2019-20.”

Rail India Technical and Economic Service (RITES) have prepared the feasibility reports for these projects.

Vasan said, "Since then various steps have been taken for speedy execution of these port projec...

Foreign charter airplane flying into India to face safety checks 10 February 2014

Foreign charter airplane flying into India will now be subject to intense safety checks by aviation authorities here.

The Directorate General of Civil Aviation (DGCA) which was recently downgraded by US Federal Aviation Administration (FAA) mainly due to lack of adequate oversight capability — has formed 2 special teams to subject overseas airplane to checks on Indian soil. Now based on faults found in them, aircraft can be flagged off in 3 categories — minor, rectify within a month or serious. In extreme cases, overseas airplane could even be refused permission to fly on the ground of being unsafe and be allowed to take off only when fully repaired.

T...

SCI says: Weak demand, low freight rates impacting trade 10 February 2014

Although its ships were fully deployed, it was not getting good freight rates as there is a huge over supply of ships in the market, said Shipping Corporation of India (SCI).

In the market dominated by recessionary environment, "We're witnessing plenty of ships chasing little cargo," said AK Gupta, chairman and managing director of SCI, who was present here for a three-day IPE orientation programme for the officers of public sector enterprises last week.

He said, "The recession has gone a bit too long.”

He added that, this is the case world over for those involved in core shipping business.

For the half-year period en...

ChPT plans to develop new automobile terminal 10 February 2014

Chennai Port Trust (ChPT) will expand an automobile terminal at Bharathi Dock II, the non-operational iron ore terminal, to handle ro-ro (roll on-roll off) ships. This will have a yard space to park almost 4,000 cars.

A senior ChPT official said, the port used to handle around 18 million tonnes (mt) of iron ore and coal, but stopped handling them from October 2011 due to a prohibitory order of the Madras High Court (HC). This resulted in an annual loss of approximately INR 225 crore, with iron ore alone contributing INR 105 crore.

A source said that to offset the loss, the ChPT decided to redevelop the iron ore facility to handle alternative cargo. After a detaile...

Kerala earmarks INR 300 cr. to encourage coastal shipping 10 February 2014

K. Babu, the state’s Minister for Ports and Fisheries, said, the state government’s Coastal Shipping Promotion Fund is focusing on coastal shipping as a thrust area in the Kerala The plan is to invest INR 300 crore for the purpose.

The project was officially flagged off at Kollam port recently. It targets at diverting at least 20% of the cargo to coastal mode by 2015, which would be enhanced to 40% by 2020.

He said, containers would be moved between Kollam and the Vallarpadam International Container Transhipment Terminal (ICTT) in the 1st stage.

Subsequently, ports like Vizhinjam, Beypore Kodungallur and Azhikkal would be brought under the c...

GMB reviews coastal trade policy 09 February 2014

Gujarat Maritime Board (GMB) has started reviewing its coastal trade policy to make it more competitive. The board wants to bring about structural changes in its existing policy that was framed in 1995 after consultations with the Gujarat industrial Development Board (GIDB).

A senior GMB official said, "We want to rework the incentives for transportation of cargo from ports located in Gujarat to the ports in the same state as well as to ports elsewhere. The new proper incentive structure will be in place by the end of February.”

He further said that the GMB is also in the process of deciding the location of its new ports that are to be developed.

<...

VOC Port gets modern green gate entry complex 08 February 2014

Union Minister of Shipping G.K. Vasan inaugurated a number of facilities including a modern green gate entry complex, vessel traffic management system (VTMS) and occupational health centre at the V.O. Chidambaranar Port (VOC Port) here on Friday.

The modern green gate complex, constructed with 4 entry complex and exit points, was established at a cost of INR 11.02 crore to ensure free movement of cargo and container vehicles. It has radiological detectors, speed camera, swipe-card system, boom barriers and weighbridges. Besides, Port, Customs and Central Industrial Security Force (CISF) offices would be housed in the modern complex.

The VTMS, which has been instal...

Paradip Port wins new record of handing 56.66 mt cargo 08 February 2014

Odisha-based Paradip Port has achieved a new record of handing 56.66 million tonnes (mt) of cargo till January 2014 by surpassing the annual traffic of 56.55 mt handled during the financial year 2012-13.

The port handled 56.66 mt of cargo till January 2014 in the current financial year compared to 46.61 mt during the corresponding period of the previous year. The port achieved an increase of 21.56% and is also 7.35% higher than the target fixed for the period. In January 2014, the port handled 5.80 mt of cargo. Of this, 2.66 mt was exported and 3.14 mt imported through the port.

During the period in the current fiscal up to January, the thermal coal traffic has ex...

Govt incentives insufficient, says coastal shipping cos 08 February 2014

Government’s recent steps in costal shipping sector has noted insufficient by the leading players in the industry.

Several companies described government's steps including cash incentive of 50 paise per tonne per nautical mile up to 500 nautical miles on certain commodities and reduction in port charges for container ships, as way too insufficient.

Even as the government exempted coastal ships from excise duty and removed countervailing duty on important ships and vessels, companies say the sector continues to reel under paucity of berths at ports and escalation in costs by about 40% due to little benefit of tonnage tax and tariffs such as custom duties ...

VOC Port receives hi-tech security system 08 February 2014

A hi-tech vessel traffic management system (VTMS) was inaugurated at V.O. Chidambaranar (VOC Port) in Tuticorin on Friday, taking the security of the port as well as the coastal area in Tuticorin by several notches.

Union shipping minister Mr. G K Vasan inaugurated the VTMS installed at a cost of INR 8.7 crore. It features state-of-the-art modern equipment like radar, an automatic identification system (AIS), an International Maritime Satellite Organization (Inmarsat )-enabled ship security alert system and an ultra high frequency (UHF) modem with latest software design for detection, tracking and analysis of all ships in the harbour waters and beyond with a coverage of 48 n...

Govt. to set up review for Greenfield Port development proposal 07 February 2014

The Union Government has set up a committee to review the Greenfield Port improvement proposal, located at Tadadi in Uttara Kannada district of Karnataka.

The Committee suggested improvement of Tadadi initially as a barge port for 4 meter draft ships and subsequently as a Major Port when there is important traffic available.

The study report has been forwarded to the Government of Karnataka.

This information was given by the Union Minister for Shipping, Mr. G.K. Vasan, in a written reply to a question in the Rajya Sabha today.

...

DDIL nabs Paradip Port dredging deal 07 February 2014

Dharti Dredging and Infrastructure Limited (DDIL), the biggest provider of dredging services in the India, has won the agreement for the capital dredging works at the New South Oil Jetty dock basin at Paradip Port.

This agreement was awarded to DDIL by the Paradip Port Trust (PPT), Paradip, the state of Orissa, India. The Paradip port is located at a distance of 210 nautical miles from Kolkata and 260 nautical miles from Visakhapatnam – the other 2 major ports in the eastern region of the country.

Paradip Port Trust (PPT) proposes to increase its port infrastructure to handle the future projected traffic. As a part of the augmentation, PPT is implementing th...

GE Shipping net profit down 47% 07 February 2014

Great Eastern (GE) Shipping Company Limited, India’s largest private ocean carrier, reported a 47% drop in its net profit to INR 101.50 crore for the three months ended 31 December, from INR 191.84 crore a year earlier.

It said in a statement, the Mumbai-based firm, which runs a fleet of 54 vessels, said its revenue declined 10% to INR 792.99 crore in the September-December quarter from INR 881.55 crore a year ago.

GE Shipping announced an interim dividend of INR 4 per equity share for the financial year 2013-14.

...

Marine exports pick up at Indian ports 07 February 2014

Visakhapatnam has emerged as the leading port in marine exports by realizing 23% share in terms of value and 22% in dollar realization from April to December 2013.

Exports through the port in rupee terms were INR 4,951 crore, whereas in dollar terms, the figure is USD 826 million. The figures during the corresponding period previous year were INR 2,617 crore and USD 486 million, respectively.

Pipavav is the leading port through which exports were made in terms of quantity (21%) during the period. The port handled 1.46 lakh tonnes, fetching revenue of INR 2,075 crore.

Exports through Kochi port also witnessed a marked improvement, with value-wise exports...

Dry bulk ships MV Kiran berths at Essar and Hazira ports 06 February 2014

Country's biggest dry bulk ship MV Kiran of Essar Shipping 0.59 % landed at Hazira Port for discharging iron ore pellets.

The company said in a statement, "Essar Ports's largest dry bulk vessel of 175,000 tonne DWT (deadweight tonnage) ship berthed at Essar Bulk Terminal, Hazira to discharge Iron Ore Pellets.” The vessel, owned by Essar Shipping, has an overall length of 281 metres and Beam (width) of 45 metres, making it the largest ship the terminal has handled till date.

Captain Subhas Das, Chief Executive Officer (CEO), Essar Bulk Terminal (EBTL), Hazira, said in the statement, "We deployed powerful tugs, and ensured adequate under keel...

JRE Infraís Kandla Port berth handles 1st ship 06 February 2014

JRE Infra Private Limited’s Berth No.15 at Kandla Port, developed on Build-Operate-Transfer (BOT) basis and inaugurated by the Union Shipping Minister recently, berthed its first ship on January 29.

The MV Fantastic, brought by Pramukh EXIM Private Limited to load 44,500 tonnes of bulk salt, arrived at 2015 hours on the said date and berthed on arrival. The loading was finished at 2300 hours on January 31.

Kandla Port Trust (KPT) authorities and Traffic Manager, Mr. Mukesh Balani, congratulated JRE Infra (the BOT operator of Berth 15), the shipper/charterer/handling agent Pramukh EXIM, and ship agent B. S. Shipping Private Limited for the successful operatio...

JN Portís 4th container terminal expected to be awarded later this month 06 February 2014

With the price bids for Jawaharlal Nehru Port Trust’s (JNPT) mega fourth container terminal expected to be opened on February 20, according to sources, the name of the company/consortium to be awarded one of the country’s major and critical infrastructure projects in recent times should be known soon.

According to sources, they were: DP World Limited, APSEZ-Terminal Investment Limited SA, APM Terminals Management BV, Sterlite Ports Limited, PSA Bharat Investments Private Limited, United Liner Agencies of India Private Limited-Shapoorji Pallonji Ports Private Limited-Hamburger Hafen Und Logistik AG, and International Container Terminal Services Inc.-International ...

Paradip port consults RITES over capacity addition 05 February 2014

The Paradip Port Trust (PPT) has commissioned government-owned engineering consultant RITES to make a study on traffic, the creation of new handling facilities, setting up of a logistics park and also assess rail connectivity.

Several initiatives have been undertaken to further increase Port capacity and cargo flow over the coming years. He informed that PPT recently signed a memorandum of understanding (MoU) with GAIL (India) for setting up an LNG terminal at the Port, said Mr S. S. Mishra, Chairman of PPT.

Mr. Mishra said, "This would have a capacity of 5 million tonnes per annum (mtpa) in the first phase, which will be enhanced to 10 mtpa in the second pha...

GSL appoints Shekhar Mital as a new CMD 05 February 2014

Rear Admiral (Retd) Mr. Shekhar Mital has assumed charge as Chairman and Managing Director (CMD) of Goa Shipyard Limited (GSL), the South Goa-based defence shipyard.

He has an M Tech from IIT-Kharagpur and M Phil from Naval Defence College, New Delhi.

...

Nhava Sheva Port container terminal to be partly closed from March-May 05 February 2014

The box terminal at India's biggest port of Nhava Sheva, also known as Jawaharlal Nehru Port (JN Port) near Mumbai, will be partially shut down for 6 weeks from the beginning of March to set up new harbour cranes.

The work is likely to impact normal operating conditions alongside the main container berth and the shallow draft berth. Normal operations are likely to start again in early May.

They will not be in a position to operate at full capacity, but they are making arrangements with affected vessel operators to find alternating solutions, the port authority said.

Shipping lines have been advised to reroute vessels to other Indian west coast ports...

JSW Infra to set up a 1km container terminal in Ratnagiri 05 February 2014

At a time when India’s port sector is battling with idle capacity due to lower traffic mainly from the bulk and container segment, JSW Jaigarh Port, a special purpose vehicle of JSW Infrastructure, is planning to set up a 1-kilometer-berth container terminal in Ratnagiri.

Also, the bidding for this project is in the final stage and the project will be completed very soon.

ITD Cementation India, Simplex Infrastructure and L&T are among the shortlisted bidders for this terminal, which is budgeted at around INR 2,000 crore, said sources.

According to the bidding process held till date, it is said that out of the shortlisted bidders, ITD Cementati...

MPT handles its largest cargo ship MV Dhun 05 February 2014

Mormugao Port Trust (MPT) officials said, MPT received its largest cargo carrying vessel till date, the MV Dhun, on February 2. The Japan-manufactured vessel brought around 1,04,000 tonnes of cargo. The entire cargo will be dispatched from the port in less than three days by rail.

MPT's chairman Mr. P Mara Pandiyan visited the vessel along with senior port officials, officials of South West Port Limited and ship agent Manubai Thakkar of Hiralal & Company. Pandiyan congratulated all the crew members of the ship for their efforts in bringing the large vessel into the port.

The MPT has been systematically expanding its operations by attracting new commodities...

Adani Group close to buy Dhamra port 04 February 2014

Indian giant group, The Adani Group is a step closer to acquiring Odisha's Dhamra port, which has secured the environmental clearance from the government.

As its management consultant, the Adani Port and Special Economic Zone already looks after the operations of the port, which is a 50:50 joint venture between L&T and Tata Steel.

The Gautam Adani-led group's INR 5,000-crore deal is likely to be completed by early next month as the sellers would like the transaction to be reflected in their balance sheet to boost profitability before the year-end.

For L&T, exiting Dhamra port is part of its strategy to go 'asset light' and genera...

Cochin Port to expand more concession to SCI service 04 February 2014

The Cochin Port has decided to expand up to 75% reduction in vessel related charges to Shipping Corporation of India (SCI)’s SMILE services to the International Container Transhipment Terminal (ICTT) on Vallarpadam Island.

The sources said, the decision was taken at a meeting of the Board of Trustees of the Port Trust.

The move is aimed at attracting more sailings and lifting of more containers by the SCI service. Presently Middle East services attract up to 50% decrease in charges.

Sources added, the contract now was to increase the concession by another 25% depending upon the number of containers evacuated every week.

The sources said...

Shipping Ministry plans to bring New tariff rules for major ports 04 February 2014

The Ministry of Shipping has planned that the 12 major ports in the country should have the freedom to fix tariff in tune with market forces, a plan aimed at making them competitive. The improvement comes in the backdrop of non-major ports eating into the share of major ports.

The Shipping Ministry has said, "There is no parity in the regulation mechanism between the major port trusts and the non-major ports. Whilst tariffs of major port trusts are regulated following cost plus return approach, non-major port trusts do not fall under tariff regulation. A require is, therefore, felt to give flexibility to the major port trusts to react to the market forces.”

<...

Floating cranes at VO Chidambaranar Port 04 February 2014

The VO Chidambaranar Port Trust, Tuticorin, has issued a letter of intent (LI) for grant of licence for deployment of floating cranes at the port’s water limits for 10 years for handling cargo in ships at the anchorage, transport of cargo via barges and handling cargo at shore.

The Chairman Mr. S Anantha Chandra Bose issued the LI to Seaport Logistics, Tuticorin, on the basis of a 50% gross revenue share, the VOC trust said.

The project envisages deployment of one floating crane of 35 tonnes capacity initially and additional crane when the demand increases.

...

Weihai port container traffic up 16.6% 31 January 2014

According to latest statistics from Weihai port, Port of Weihai in Shandong province posted a year-on-year 16.6% increase in container traffic to 650,000 Twenty Foot Equivalent Unit (TEU) in 2013.

The port's overall cargo volume in the same period improved 14.1% to 40.07 million tonnes (mt), setting a record high. Of which, bulk cargo volume surged 35.4% to 9.64 mt.

...

PPT sets new rule for iron ore plot auction to up revenue 31 January 2014

Paradip Port Trust (PPT), which has witnessed fall in revenue due to dwindling iron ore exports from India, has issued new set of rules to improve revenue in its latest tender notice for auction of plots used in storage of iron ore inside port area.

Unlike previous auction took place previous year, this time the auction price of all the plots will remain the same as all bidders will have to match the highest price offered by the top bidder.

PPT has recently floated tenders for auction of 27 manual iron ore plot and 19 plots with mechanical loading/unloading facility. The port authorities have standardized the sizes of the plots for uniform pricing. The mechanical ...

ChPT to expand more concession to SCI service 31 January 2014

The Cochin Port Trust (ChPT) has decided to expand up to 75% reduction in vessel related charges to Shipping Corporation of India (SCI)’s SMILE services to the International Container Transhipment Terminal (ICTT) on Vallarpadam Island.

The decision was taken at a meeting of the Board of Trustees of the Port Trust here on Wednesday, sources said.

Sources added, the move is aimed at attracting more sails and lifting of more containers by the SCI service. Currently Middle East services attract up to 50% reduction in charges. The contract now was to increase the concession by another 25% depending upon the number of containers evacuated every week.

SC...

L&T and Marg Group among many look to exit port trade due to slowdown 31 January 2014

Larsen & Toubro (L&T) and Marg Group, which ventured into the unknown waters of building and running ports in the past decade, are now looking for an opportunity to exit.

These engineering, procurement and construction (EPC) firms bid aggressively for port projects hoping to benefit from a booming economy and fast-growing world trade.

Yet, the story did not unfold as likely with a slowdown hitting both global and local economies. All that remain are unmet revenue aims, anemic cargo growth, clearances stuck in government offices and balance sheets weighed by debt.

Some ports haven't even started operations yet and policy paralysis, billion-do...

Cochin Port workers start satyagraha 30 January 2014

Cochin Port Joint Trade Union Forum workers have begun an indefinite satyagraha in front of the Cochin Port Trust office on Wednesday.

A release said, they demand funds from the Central government for dredging work at Vallarpadom Terminal, immediate sanction of grant to the Port and reconsideration of the I.C.T.T. agreement.

...

Arun Kumar Gupta, new CMD of Shipping Corp 29 January 2014

Mr. Arun Kumar Gupta, presently director looking after the technical and offshore services division at state-owned Shipping Corporation of India Limited (SCI), has been named the chairman and managing director (CMD) of India’s largest ocean carrier.

A spokesman for the shipping ministry in Delhi said, “The appointments committee of the cabinet on Monday selected Gupta for the post of chairman and managing director.”

SCI has been running without a full-time chief after the earlier incumbent superannuated on 31 December 2012. Its director (finance) Mr. B.K. Mandal is currently officiating as CMD.

Mr. Sunil Thapar, director (bulk carriers...

APM Terminals introduces mobile container tracking system 29 January 2014

To simplify the supply chain and increase customer satisfaction through cost effective technological innovations, APM Terminals Inland Services South Asia (APMT IS SA) has leveraged technology.

APMT IS SA has continued this innovation by introducing mobile container tracking system for its customers.

With this innovation, the customer can check the exact location of the container inside the container freight station (CFS) and need not visit our facility only to check their location, thereby saving significant amount time and reducing man machine interface in the CFS.

While tracking the container through their smart phones, customers are provided with a ...

1st liquid ammonia consignment reaches Kochi port 29 January 2014

The 1st shipment of imported liquid ammonia has reached Kochi Port to enable fertilizer production process of the public sector FACT, following its decision to suspend ammonia production using Liquefied Natural Gas (LNG).

The spiralling cost of natural gas had forced the fertilizer firm to temporarily suspend ammonia production. Liquid ammonia is one of the important raw materials used by FACT to produce NPK fertilizer.

A senior official said, the first consignment of 7,500 tonnes of liquid ammonia reached the Port from West Asia and will be moved to production units of Udyogamandal and Ambalamedu by road and waterways. One more shipment of similar quantity is lik...

ChPT wins battle against DP World over output aim 29 January 2014

The Madras High Court (HC) has ruled in favour of the Chennai Port Trust (ChPT) in a argument with the DP World-run Chennai Container Terminal over non-achievement of output aims. In doing so, the HC overturned an arbitration panel's verdict.

The 7-year-old dispute pertains to a 2001 agreement, according to which Chennai Container Terminal had to ensure non-transshipment output (transshipment involves transferring for further transportation) of 20% of the total traffic in its third year; 25% in the fourth; and 30% from the fifth year. Any shortfall, the agreement said, should be compensated.

The parties then invoked the arbitration clause but not before Chenna...

Crane Replacement to Hamper Operations at Nehru Port 27 January 2014

India’s Port of Jawaharlal Nehru (JN), which has been plagued by labor troubles in recent months, is bracing for yet another disruption to shipping as the port trust announced a almost 6-week partial shutdown of the port-run container terminal, beginning in mid-March, for harbor crane replacement.

The port authority in a trade notice, “During the installation/commissioning of three new rail-mounted quay cranes alongside the main container berth and mechanization of the shallow draft berth, normal operations alongside the main container berth are likely to acquire hampered between March 17 and April 30, 2014.”

JN Port, also known as Nhava Sheva, s...

NSICT will berths longest Container ship MSC Susanna 27 January 2014

Nhava Sheva International Container Terminal (NSICT) will berth the longest Container ship MSC Susanna on January 27, 2014.

The ceremony will be held in the august presence of Capt. Deepak Tewari, Chief Executive Officer (CEO) of MSC India, Capt Anil Singh, Senior Vice President & CEO, Ind Sub-continent, DP World, Mr. Ajay Singh, CEO, NSICT, Mr. N N Kumar, Chairman, JNPT, Mr. Ashish Kumar Bose, Chief Manager (Traffic), Jawaharlal Nehru Port Trust (JNPT) and other Senior Officials from DP World and JNP will be present to grace the memorable occasion.

...

ChPT expected to convert unused iron ore terminal into automobile handling facility 27 January 2014

The Chennai Port Trust (ChPT), which was reportedly incurring an annual loss of approximately INR 225 crore due to the termination of iron ore and coal handling following a prohibitory order by the Madras High Court (HC), may decide to make use of its non-operational terminal at Bharathi Dock II as an automobile handling terminal for RoRo ships, it is learnt.

Before the ban, Chennai Port used to handle approximately 18 million tonnes (mt) of iron ore and coal, the major contributor being iron ore.

The terminal, with a yard space of approximately 10 hectares, is now planned to be developed into a parking yard to accommodate approximately 4,000 cars at a time at an ...

Competition among ports on car exports business 27 January 2014

A different type of competition is brewing among Chennai Port Trust (ChPT) and Ennore Port Limited (EPL) in the car export/import front.

In the east coast, cars are exported through these ports with ChPT leading the way. Being a late entrant, EPL has started garnering the customers of ChPT. EPL recently concluded long-term leases with Nissan and Ford.

For the present year, EPL will export 2 lakh cars representing 10% growth over the last year. ChPT will handle 2.50 lakh cars this year against 2.72 lakh cars handled during 2012-13.

Right now, EPL has parking space for 10,000 cars and it would be enhanced to 13,000. On the other hand, ChPT provides parkin...

Visakhapatnam port Q3 cargo volume grows 2% 27 January 2014

According to G.V.L. Mr. Satya Kumar, Deputy Chairman of the port, Visakhapatnam Port has handled 46.5 million tonnes (mt) of cargo during the present fiscal year (FY).

The port had registered 2% growth in traffic during the third quarter against the corresponding period of the last FY, Mr. Kumar said.

He said, “The 12 major ports in the country handled 413 mt of cargo up to December 2013 against 405 mt during the corresponding period of the last year. Our port handled the highest iron ore traffic of 9.2 mt during the year, constituting 52% of the total handled by the major ports.”

He said, Container volume at the Visakha container terminal r...

MPT urges SC panel to allow export of 40 mt of iron ore 26 January 2014

Mormugao Port Trust (MPT) urged the Supreme Court (SC)-appointed member committee to allow 40 million tonnes (mt) of iron ore exports from the state so that the port can be used to its full capacity.

The committee was appointed by the SC to set an annual capping of iron ore extracted from Goa. The committee was informed that berth No. 9 contains the mechanized iron ore-handling plant worth about INR 400 crore, and which has been lying idle for the previous 2 years, said MPT chairman Mr. P Mara Pandiyan.

Mr. Pandiyan told the committee, "Since the plant has the capacity to handle 40 mt of iron ore exports, we need to handle that much, otherwise the port's ...

SCI to finally get a chairman 25 January 2014

The Shipping Corporation of India (SCI) is set to acquire a new chairman, with the appointments committee of the Cabinet giving a go-ahead to the selection of Mr. Arun K Gupta for the job.

Mr. Arun K Gupta is presently director-offshore services, SCI. The shipping ministry will notify the company about the new appointment in a week.

With the appointment, the decision-making process in the firm would get expedited, senior officials said.

In August 2012, the Public Enterprises Selection Board had selected Mr. Sunil Thapar, director for bulk and tanker, as chairman and managing director, but the Central Vigilance Commission stalled the selection over pendi...

SCI hikes freight rates for various destinations 25 January 2014

Shipping Corporation of India (SCI) has improved the freight rates for container cargo shipments from India to Europe, the Mediterranean, Black Sea and Red Sea trade routes.

The increase will be USD 250 per 20-feet containers and USD 500 for 40-feet containers and will come into effect from February 1.

This is in line with the boost in global freight rates across segments, including tankers and bulk cargoes, in the last three months.

In November, when the upswing in markets was beginning, the company had announced a freight rate hike of up to USD 500 for 40-ft containers on the India-Europe sector, which became effective from December 1.

A se...

Different type of competition among ports on car exports 25 January 2014

A different type of competition is brewing among Chennai Port Trust (ChPT) and Ennore Port Limited (EPL) in the car export/import front.

In the East coast, cars are exported through these ports with ChPT leading the way. Being a late entrant, EPL has started garnering the consumers of ChPT. EPL recently concluded long-term leases with Nissan and Ford.

For the present year, EPL will export 2 lakh cars representing 10% growth over the last year. ChPT will handle 2.50 lakh cars this year against 2.72 lakh cars handled during 2012-13.

Right now, EPL has parking space for 10,000 cars and it would be enhanced to 13,000. On the other hand, ChPT provides parkin...

Contract worker dies in accident at Gangavaram Port 25 January 2014

A contract worker died when a heap of coal fell on him at Gangavaram Port here on Friday. Mr. S. Mutyalu (45) was employed by a private contractor at Gangavaram Port.

He was working on berth no. 2 approximately 10.30 a.m., when the coal slipped and fell on him, killing him on the spot.

The New Port police said that the victim was shifted to the King George Hospital, where he was declared dead.

Meanwhile, the Centre of Indian Trade Unions (CITU) demanded payment of INR 15 lakh as compensation and provision of a job to a dependent from the bereaved family.

CITU president Mr. P. Venkata Reddy and general secretary Mr. M. Jaggu Naidu noted that t...

Shipping cargo on local routes put on hold 24 January 2014

The government has put on hold a new policy that gave first preference to ships made and registered in India to carry cargo on local routes after domestic fleet owners objected.

The policy change, aimed at helping local shipbuilders. “The matter has since been reviewed by the ministry of shipping keeping in view the representations made by the Indian National Shipowners Association (INSA),” G.L. Singh, joint director of shipping development in the directorate general of shipping (DGS).

The country’s coastal trade is reserved for India-registered ships and foreign vessels can be hired to operate in Indian territorial waters only when local ships a...

SC to hear plea against APSEZ closure on Thursday 24 January 2014

The Supreme Court (SC) will on Thursday hear a petition filed against the partial shutdown of several manufacturing units in the Mundra Special Economic Zone (SEZ) over lack of environmental clearance to the SEZ.

The Gujarat High Court (HC) had on January 14 shut 12 units of the SEZ run by Adani Ports and SEZ (APSEZ) for 30 days on the ground that the Special Economic Zone lacked the necessary environmental clearance from the ministry of environment and forests.

The ministry was asked to take a call on the clearance within 30 days. There are 21 such units in the Mundra SEZ including the 12 that were asked to shut down. The HC order, which came in response to a pub...

LuLu Groupís commercial complex to attract extra vessels 24 January 2014

In response to petitions challenging the Cochin Port Trust’s (CoPT) decision to transfer land to the LuLu Group, Mr. Cyril George, Secretary of CoPT, filed a statement before the Kerala High Court (HC) clarifying the Port’s stance.

Mr. George told the HC in his submission that in accordance with the Centre’s land policy guidelines, CoPT was empowered to lease land for port-related as well as non-port activities.

He pointed out; the Port had allotted 10.59 hectares of land in Mulavukkad village to the LuLu Group on lease for a period of 70 years, after inviting competitive tenders for setting up a hotel and convention centre there.

The ...

Essar Ports consolidated net profit up 4% 24 January 2014

Essar Ports reported a 4% boost in its net profit for the third quarter (Q3) ended December 2013 at INR 94 crore, as against INR 90.4 crore in the year-ago period.

Its income during the quarter was INR 398.8 crore, up from INR 367 crore in the corresponding quarter of previous financial.

In the nine-month period of the current fiscal, its net profit stood at INR 292.9 crore, up by 22% from the year-ago period (INR 239.5 crore).

The firm, which handled 39.21 million tonnes (mt) of cargo during the nine months, has faced some delay in its plans to boost the quantum of third party cargoes. Hardly 1% of the throughput came from third party contracts, with t...

Dhamra port gets environmental clearance for expansion 23 January 2014

Dhamra port, which received environmental clearance from the Union government recently, can now go ahead with its expansion plan estimated to cost INR 7,000 crore.

It includes 11 berths that would take capacity to 100 million tonnes per annum (mtpa) from the present 25 mtpa, it is learnt. Sources said, the amount is likely to be invested over the next 5 years.

Dhamra port, a joint venture between Tata Steel and Larsen & Toubro, has Adani Ports and Special Economic Zone (APSEZ) as operations consultant. APSEZ is reportedly interested in buying the port in order to boost its presence on the east coast.

...

Emirates Shipping Line announces restructuring of CIS 23 January 2014

Emirates Shipping Line has announced the restructuring of its existing China India Express Service (CIS), in which it is a vessel-sharing partner (VSP).

The new contract with APL, Maersk, OOCL, CMA CGM, Hamburg Süd and RCL will deploy three Far East-Indian Subcontinent services which will provide regular sailings between Asia’s major trading hubs and will also eliminate service duplication between carriers.

The 3 loops will comprise of North, Central and South China to Indian Subcontinent, of which the North loop will cover Korea as well.

The management is convinced that this wider coverage will offer its customers more options of trading hub...

Govt. to extend Vizhinjam International Port 23 January 2014

The Government of Kerala, as part of its various programs for improvement of the state, has introduced a plan to expand Vizhinjam International deep water Multipurpose Seaport.

It has formed a separate firm, Vizhinjam International Seaport Limited (VISL) as a special purpose Government company (fully owned by Government of Kerala) that will act as implementing agency for development of the greenfield port at Vizhinjam in Thiruvananthapuram district, Kerala. The Ministry of Environment & Forest, Government of India accorded Environmental Clearance to this project.

Phase I consists of 800 meter Container Terminal, 300 meter Cruise cum Multipurpose Terminal, 500 ...

Shipping Corporations hikes freight rates on European sector 23 January 2014

Shipping Corporation of India (SCI) has hiked freight rates for container cargo shipments from India to Europe, Mediterranean, Black Sea and Red Sea trade routes.

The increase will be USD 250 per 20-ft containers and USD 500 for 40-ft containers from February 1, 2014.

This is in line with the increase in global freight rates across segments, including tankers and bulk cargoes, in the previous 3 months.

In November, when the upswing in markets was beginning, the company had announced a freight rates hike of up to USD 500 for 40-ft containers on the India-Europe sector, which was effective from December 1.

A senior SCI official said, “The...

ABG Shipyard receives flash approval for debt recast 22 January 2014

ABG Shipyard, the consortium of lenders have given the flash approval for the company's recast package, though the firm's demand of INR 1,800 crore additional working capital remains a bone of contention.

"The interest rate and loan period extension have been agreed upon,” sources close to the development say.

While the interest rate has been fixed at 11%, the loan has been extended by ten years which includes 2 years of moratorium. The promoters are expected to bring in approximately INR 300 crore of upfront capital due to the CDR exercise. Bankers on their part are likely to take a hit of INR 1000 crore.

Most likely the package to b...

Adani ports Essar, L&T and DP World interested in developing container terminal 22 January 2014

Mr. M A Bhaskarachar, chairman and managing director of Ennore Port, said, Adani Ports, Essar, Larsen & Toubro (L&T) and DP World were among the 11 firms that responded to requests for proposal (RFP) to develop a container terminal at Ennore Port.

The port was awaiting an approval by the Cabinet Committee on Economic Affairs (CCEA) in this regard, and this was expected anytime after January 27, he added, while speaking on the sidelines of signing a memorandum of understanding (MoU) between Ford India and Ennore Port.

The planned container terminal, with a quay length of 730 m, will have a capacity to handle 1.40 million Twenty-Foot Equivalent Units (TEU) a...

APM Terminals in talks to purchase majority stake in L&T Kattupalli Port 22 January 2014

Sources said, APM Terminals, is in early discussions to buy majority stake in Larsen & Toubro's (L&T) Kattupalli Port, which has been struggling to attract shipping lines since its inception.

Larsen & Toubro is looking to sell a stake in the ports business of Kattupalli International Container Terminal, a INR 3,989-crore port-cum-shipyard complex developed jointly with State Government entity TIDCO.

"APM Terminals is looking for a majority stake in the port with management control. Minority stake does not make sense for them," said a person familiar with the matter.

The person said, Larsen & Toubro, though, is yet to make u...

Ennore Port plans to develop new container terminal 22 January 2014

M.A. Baskarachar, Ennore Port Limited (EPL) chairman and MD said, EPL has drawn up a plan to expand a new container terminal that is pending clearance of the Cabinet Committee on Economic Affairs (CCEA), on an likely investment of INR 1,270 crore.

Addressing reporters after signing a Memorandum of Understanding (MoU) for export of cars with Ford India, Baskarachar said a couple of companies had already evinced interest in the container terminal project and furnished Request For Proposal.

The container terminal project with a capacity of 1.4 million Twenty-Foot Equivalent Units (TEU) was proposed on 35 acres, with a quay length of 730 meters, said Mr. G.K. Vasan, U...

Land reclaimed for commercial purposes 22 January 2014

The Cochin Port Trust (ChPT) has submitted before the Kerala High Court (HC) that the proposed convention centre and commercial complex by LuLu Group at Bolghatty Island will boost the arrival of ships and shore up the port’s revenues.

The port submitted that the land was reclaimed for commercial purposes and the allegations regarding the reclamation were false. The port is empowered to lease land for port-related as well as non-port activities, in accordance with the Government of India Land Policy guidelines.

...

State govt. begin process to lease out more land to Dhamra port after approval 21 January 2014

The Odisha government has initiated the process to lease out additional land to Dhamra Port Company Limited (DPCL) for expansion of port operation in Bhadrak district after it was granted environmental clearance recently.

“It is understood that DPCL has signed Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL) for an LNG terminal with an investment of INR 5,000 crore. You are, therefore, requested kindly to furnish a copy of such MoU,” the state Commerce and Transport department said in a letter addressed to DPCL .

The application for extra 800 acre land near the port site has been pending since 2012, as the Odisha govt. had a...

EPL inks agreement with Ford for car export 21 January 2014

Ennore Port Limited (EPL) today inked an contract with US-based carmaker Ford for export of its cars through the port.

EPL’s Chairman and Managing Director Mr. M A Baskarachar exchanged the documents with Ford India Executive Director (Manufacturing) Mr. Tom Chackalackal in the presence of Union Shipping Minister Mr. G K Vasan here today.

Ford India has a manufacturing facility at close by Maraimalai Nagar that rolls out models like hatchback Figo, sedan Fiesta Classic, global Fiesta, SUV Ecosport and premium SUV Endeavour.

Mr. Baskarachar said, "Recently, the Port signed a similar contract with (Japanese automaker) Nissan Motor for exports o...

Shreyas to move FCI rice from AP to Kerala via sea 21 January 2014

Shreyas Shipping and Logistics has won an agreement from the Food Corporation of India (FCI) to move 20,000 tonnes of foodgrains each month by sea from Andhra Pradesh (AP) to Kerala.

This will be the 1st time FCI would be moving foodgrains in containers by sea, the company said in a notice to the stock exchanges.

Mr. K. V. Thomas, Union Minister of State for Food and Public Distribution, said that earlier these consignments were transported through rail wagons and non availability of 40-rake wagons forced the FCI to look for alternative methods. Besides, movement by sea would be more economical, he said.

Mr. Thomas said, this will also be a major boost ...

Surge in freight rates brings cheer to shipping companies 21 January 2014

The end of 2013 and the dawn of New Year have brought cheer to shipping firms, with freight rates touching a three-year high, mostly on the back of improved demand for movement of oil and iron ore.

Shipping firms that have been battling a lean freight market in the previous few years are, however, still cautious about the outlook for the rest of the year. 

“Well, at the moment, things look good. But probably it is seasonal as there is improved movement of oil and dry cargo in winter. But whether it is sustainable or not remains to be seen as there is still excess tonnage in the market,” said Mr. K. M. Sheth, Executive Chairman, Great Eastern Shipp...

ChPT will expand an automobile terminal 21 January 2014

Chennai Port Trust (ChPT) will develop an automobile terminal at Bharathi Dock II, the non-operational iron ore terminal, to handle ro-ro (roll on-roll off) ships. This will have a yard space to park almost 4,000 cars.

A senior ChPT official said, the port used to handle around 18 million tonnes of iron ore and coal, but stopped handling them from October 2011 due to a prohibitory order of the Madras High Court (HC). This resulted in an annual loss of approximately INR 225 crore, with iron ore alone contributing INR 105 crore.

A source said, to offset the loss, the ChPT decided to redevelop the iron ore facility to handle alternative cargo. After a detailed study,...

DCI to raise INR 1000 crore 20 January 2014

Admitting that state-run Dredging Corporation of India (DCI) is facing fund shortage, Union Shipping Secretary Mr. Vishwapati Trivedi said the firm is in the process of raising INR 1,000 crore from banks and ports.

He said, "We will be raising INR 1,000 crore from either banks or we are saying let the ports, flush with cash come in and give a loan to the Corporation for dredging projects at their ports.”

...

Kandla Port might bring 2,500 acres under new land policy 20 January 2014

On the heels of the Union Cabinet giving its approval to convert 1,300 acres from leasehold to freehold at Gandhidham near the Kandla Port in Gujarat, the Centre has asked the Kolkata Port Trust (KPT), too, devise a strategy for the 2,500 acres in the port’s township area, which are under lease.

KPT is in the process of drafting a proposal for renewal of leases, to soon be sent to the shipping ministry.

R P Kahlon Chairman of KPT said, “We want to have more freedom in dealing with these leases and more revenue.”

Unlike Kandla, it so far has not planned to convert any of its leases into a freehold structure, whereby the tenant would acq...

Ministry of Shipping to soon meet port capacity aim of FY14 20 January 2014

Shipping Secretary Mr. Vishwapati Trivedi said, the Ministry of Shipping, which is looking to augment the capacity of major ports by 250 million tonnes (mt) in this fiscal year (FY), has already awarded 102 mt capacity in April-December and will be awarding the balance in the next three months.

Mr. Trivedi said, “Of the total 30 projects that were to be awarded in this FY, 20 projects worth INR 6,000 crore have already been awarded until December and the balance will be awarded in these 3 months.”

He said, the fourth terminal of Jawaharlal Nehru Port Trust (JNPT), which is a part of the 10 projects to be awarded, alone will bring in 64 mt.

H...

EPL starts transshipment of used cars 19 January 2014

Ennore Port Limited (EPL) recently became the 2nd port in the eastern coast to handle transshipment of used cars. The arrival of MV Triumph of Japanese Mitsui O.S.K. Lines (MOL) marked the commencement of transshipment.

On its maiden visit, the car carrier offloaded 288 cars/vans and four buses, and in return carried 620 Nissan cars to South Africa. These used cars will be picked up by another car carrier by January 20 and then it would be shipped to East African countries. Sources in the logistics industry said that till recently Japanese shipping lines used the Port of Singapore or Hambantota in Sri Lanka.

“For the first time, we are handling car transship...

Arun Gupta likely to become SCI Chairman 19 January 2014

Mr. Arun K Gupta is expected to be appointed as the new chairman of Shipping Corporation of India (SCI) which has not been having a full-time head for over a year when the firm is passing through its toughest periods.

Mr. Gupta is at present Director, Offshore Services, at the city-headquartered shipping line, which posted a loss of INR 114.31 crore in the previous financial.

The Public Enterprises Selection Board (PESB) cleared the name of Mr. Gupta recently, according to the official.

The state-run shipping company has been without a full time head since Mr. S Hajara retired in December 2012 after a one-year extension. Mr. B K Mandal, Director, Financ...

JNPT to award fourth container terminal by next month 18 January 2014

Jawaharlal Nehru Port Trust (JNPT) is expected to award its 4th container terminal by February as the process of price bidding is progressing.

The award of JNPT’s terminal assumes lot of significance as it will go a long way in meeting the capacity target of Indian ports.

The Union Shipping Ministry has cleared 20 port projects involving an investment of INR 6,000 crore, envisaging 102 million tonnes (mt) in capacity in the first 9 months of the financial.

Union Shipping Secretary Mr. Vishwapati Trivedi said, “We have already awarded 20 projects which have a capacity of a little over 100 mt as against the target of 30 projects which will boo...

DCI may receive ports support 18 January 2014

The state-run cash strapped Dredging Corporation of India Limited (DCI) is in the process of raising INR 1,000 crore from banks and ports, said Union shipping secretary Mr. Vishwapati Trivedi.

Mr. Trivedi said, “We will be raising INR 1,000 crore from either banks or we are saying let the ports, flush with cash come in and give a loan to the Corporation for dredging projects at their ports.”

The Corporation is not mulling raising the money by issue of bonds like it did last year, Mr. Trivedi said.

He added that “The government is also not contemplating a fund infusion into the company to meet the requirements.

Terming dredgi...

KoPT to assume new land policy 18 January 2014

The Kolkata Port Trust (KoPT) will soon begin implementing a new land policy nod by the Union Cabinet that will allow it to set up townships and earn extra revenue. Under the new policy, land inside customs bonded area may be allotted on short time license for 5 years.

Land outside can be leased out for up to thirty years. To lease out property for more than thirty years, the Centre's approval will be required. The property can only be leased out through tender-cum-auction. Finally, there will be e-tendering.

A KoPT official said, "While land may be granted on nomination basis to PSU, statutory bodies and government agencies including government schools a...

Kochi Port soon to get LPG Terminal 18 January 2014

The Cochin Port Trust and the Indian Oil Corporation are on the verge of signing an agreement on the use of the proposed Multi-User Liquid Terminal (MULT), which will also be used to import cooking gas via Kochi for the Kerala market. It will end the State’s dependence on tanker lorries for transporting fuel via road from Mangalore.

Movement of bullet tankers carrying LPG on Kerala’s roads has been a major threat, resulting in accidents like the one early this week in Kannur.

The proposal for building a terminal to import LPG has been a long-pending one and it has now been agreed that the Port authority here will build the terminal for IOC at a cost of...

Vizag Portís loss is Paradip Port gain 18 January 2014

At a time when the thermal and coking coal cargo at the 12 major ports in the country has shot up by 29.05% and 20.53% respectively during the April-December 2013 period as compared to the corresponding period of the last year, Visakhapatnam Port Trust (VPT) has witnessed a marginal decline in cargo volume for these commodities during the same period.

Paradip Port, which is located in the neighbourhood of VPT, has witnessed a drastic augment during the same period. While thermal coal is usually used for handling power generation, coking coal is used by steel plants. While thermal coal traffic at VPT has declined by 1.7%, it has surged by 22.2% in Paradip.

The ther...

VPT committee to formulate land use plan 18 January 2014

With the Union Cabinet approving the policy guidelines for land management by major ports, the board of Visakhapatnam Port Trust (VPT) will be formulating a land use plan covering all the land owned or managed by the port.

Also, the VPT board will forming a land allotment committee, consisting of the deputy chairman as well as heads of departments of finance, estate and traffic, to finalize the reserve price, which has to be more than 6% of the latest market value.

The policy is aimed at enabling the ports to carry out leasing and licensing of port land in a transparent manner and the port will now be able to utilize its land for attracting dedicated cargo, which ...

Cochin Shipyard and Navy must share channel dredging expenses 18 January 2014

Cochin Port Join Trade Union Forum has requested the Government to take a considered view for sharing the dredging expenses in the port channel with the Cochin Shipyard, Navy and Coast Guard on account of the high cost involved.

The forum pointed out that the average maintenance expenditure for dredging has gone up to INR 123 crore from INR 30 crore per annum before the commissioning of the Vallarpadam terminal. The figure is likely to touch INR 150 crore in 2013-14 and will go up to INR 222 crore in 2014-15.

They added, the increase in dredging cost is the major reason for the present fiscal crisis of the port.

The unions also suggested that the Port T...

DFR on VPTís satellite port 17 January 2014

The Detailed Feasibility Reports (DFR) on construction of a satellite port by the Visakhapatnam Port Trust (VPT) and a captive jetty of the Rashtriya Ispat Nigam Limited (RINL) are under study.

Once the studies submitted by the consultants appointed by them are accepted after clarification of their doubts, a formal decision is likely on the funding pattern to take up construction, subject to obtaining clearances.

While the VPT engaged Aecon, a consultant of international fame, for conducting DFR, the RINL, the corporate entity of Visakhapatnam Steel Plant, appointed RITES, a Government of India enterprise specializing in engineering, consultancy, and project servi...

Dhamra Port gets environmental nod for INR 7,000 cr expansion plan 17 January 2014

Dhamra Port has received environmental clearance from the government for its next phase of expansion worth INR 7,000 crore, which would be invested over the next five years.

The port will be ordering 11 cargo berths under the plan that would result in more than a three-fold rise in capacity, the port's chief executive officer Santosh Mohapatra said.

This development follows the Orissa Port naming Adani Ports and Special Economic Zone (APSEZ) as its operations consultant. Last year, Gautam Adani-promoted APSEZ agreed to buy the port, which is an equal venture between Tata Steel and Larsen & Toubro.

Once it comes through, this would be the largest...

Vizag port ready to part with information to Odisha on export and import 17 January 2014

With the Odisha government’s move to expose non-payment of royalty by certain iron ore exporters, the Visakhapatnam Port Trust (VPT) has expressed its willingness to furnish information on export and import of cargo through the port for clients based in the neighbouring State.

The state govt., in a bid to improve its revenue realization from exporters for the period from 2006-07, is understood to have decided to submit a formal request asking for details on export-import cargo, sources said.

In view of Justice M.B. Shah’s five-volume report and its suggestion for recovery of revenue lost due to illegal extraction of iron ore, the state govt. seeks to t...

Kolkata Port might invest 2,500 acres under new policy 17 January 2014

Under the new policy of land management, the Kolkata Port Trust (KPT) is planning to devise a strategy for the 2,500 acres in the port’s township area, which are under lease.

KPT is in the process of drafting a proposal for renewal of leases, to soon be sent to the shipping ministry.

“We want to have more freedom in dealing with these leases and more revenue,” said R P Kahlon, chairman of KPT. “We want to extend the leases for another 99 years. But we are waiting for some direction from the shipping ministry, based on the new land policy guidelines. It will have some bearing on the township areas, though not directly,” Kahlon added.

Ports in TN to benefit from new land policy 17 January 2014

The new land policy guidelines for major ports are expected to increase the business performance of the two major ports in Tamil Nadu - the Chennai Port and the Ennore Port.

The top management officials of both the ports said that the new policy removes several bottlenecks in land allotment.

So far, the ports were not allowed to make long or medium term lease arrangement for their lands. Hence, they had to stick to agreements of up to 11 months, which discouraged companies from making long term investments.

The Chennai Port Trust, which currently gets INR 66 crore of its INR 650 turnover from leasing of its land, is expecting the new policy to compensat...

PSU cargo plans to take the coastal route 17 January 2014

Freight movement of state Public Sector Undertakings (PSUs) and industries will be diverted to coastal shipping, it was decided at a high-level meeting.

The cargo movement will be networked through Vizhinjam, Kollam, Kodungalloor, Beypore and Azheekal ports, Ports Minister K Babu said. Coastal shipping will help create more job opportunities and reduce congestion on roads, he said.

In phase I of the project - which CM Oommen Chandy had launched on November 9 - the government hopes to divert 20% of freight traffic to coastal waters by 2015.

The Cabinet has approved a proposal to establish a maritime board in the state and the maritime board bill, Babu sa...

New land use policy to help major ports up revenue 17 January 2014

A port official said, Chennai Port will now be able to make good lost revenue from stalled coal and iron ore operations, thanks to a new land use policy that allows longer lease periods for public and private institutions on port land. The notification on the policy, issued on Thursday, will help revive long-term projects, including a marina for luxury yachts and sports activities.

A lot of investment was likely to be made on container-handling, infrastructure and tourism projects on more than 200 acres of land within and outside the port. The design of the marina project has remained on paper for 4 years, said a Chennai Port Trust (CPT) release.

"This will g...

Pirate attacks on merchant ships drop 40% in 2013 17 January 2014

A marine officer said, Pirate attacks on merchant ships were the lowest in 6 years in 2013 on action taken against Somalian pirates. This was good news for India as most of the vessels that pass through Somalian waters carry Indian crew on board.

The London-based International Chamber of Commerce International Maritime Bureau (IMB) said, globally, 264 attacks were recorded previous year, a 40% drop after Somali piracy peaked two years ago.

Somalian pirates have been deterred due to the key role played by international navies, including India, the hardening of ships, the use of private armed security teams, and the stabilizing influence of Somalian Government, the ...

Ports see 6% growth in Dec 2013 17 January 2014

According to data from Indian Ports Association, Major ports under the Central Government saw a growth of approximately 6% in cargo handled in December 2013 over the corresponding period previous financial.

The commodities that saw the sharpest growth were: coal, fertilizer and iron ore. All key commodity groups, including coal, iron ore, fertilizer and containers witnessed growth, barring petroleum products.

An official source said, “The growth in cargo handled is above the average growth of 1.91% registered for the 9 months of April-December. For the previous 2-3 months, major ports have together seen growth each month, though in the range of 2-3%.”<...

Dhamra Port has received environmental approval for INR 7,000-cr expansion plan 17 January 2014

The Port’s Chief Executive Officer (CEO) Santosh Mohapatra said, Dhamra Port has received environmental clearance from the government for its next phase of expansion worth INR 7,000 crore, which would be invested over the next 5 years. The port will be ordering 11 cargo berths under the plan that would result in more than a three-fold rise in capacity.

This development follows the Orissa Port naming Adani Ports and Special Economic Zone (APSEZ) as its operations consultant. Previous year, Gautam Adani-promoted APSEZ agreed to purchase the port, which is an equal venture between Tata Steel and Larsen & Toubro (L&T). Once it comes through, this would be the large...

ĎGovt may ask ports to fund cash-strapped Dredging Corpí 16 January 2014

Admitting that state-run Dredging Corporation is facing fund shortage, Union Shipping Secretary Vishwapati Trivedi said the company is in the process of raising INR 1,000 crore from banks and ports.

"We will be raising Rs 1,000 crore from either banks or we are saying let the ports, flush with cash come in and give a loan to the Corporation for dredging projects at their ports," Trivedi told reporters on the sidelines of an industry conference.

He said the Corporation is not mulling raising the money by issue of bonds like it did last year. "The government is also not contemplating a fund infusion into the company to meet the requirements, he added....

Shipping ministry expected to meet port capacity target of current FY 16 January 2014

Shipping secretary Mr. Vishwapati Trivedi said, the shipping ministry is likely to meet its aim for port capacity additions and is aggressively pushing policy changes to speed up security clearances for port projects.

Mr. Trivedi said, the ministry has cleared 20 port projects worth INR 6,000 crore, envisaging 102 million tonne (mt) capacity in the first 9 months of fiscal 2014.

Mr. Trivedi said at an industry event on Thursday, “We have already awarded 20 projects which have a capacity of a little over 100 mt, as against the target 30 projects which will boost the capacity by 250 mt.”

He said, “Besides, the fourth terminal of the coun...

Visakhapatnam sails ahead in container volume 16 January 2014

The container throughput at the Visakhapatnam Port Trust (VPT) has registered the maximum growth of 11% among 12 major ports during the April-December 2013-14 periods as compared to the corresponding period of the last financial at a time when the overall container volume at major ports has declined by nearly 4.4%.

The container terminal, which is run by the Visakha Container Terminal Private Limited (VCTPL), has handled around 3.7 million tonnes (mt) of cargo during the last nine months as compared to the 3.3 mt during the corresponding period of the previous financial.

VPT and VO Chidambarnar Port are the only two on the east coast that registered a positive gro...

GSL delivers offshore patrol vessel to Navy 15 January 2014

The state-owned Goa Shipyard Limited (GSL) today joined the elite club of ship manufacturers to have built 200 warships with the delivery of INS Sumedha offshore patrol vessel to the Navy.

A GSL release said, "GSL today joined the elite class with the delivery of the 200th vessel. The delivery of the 200th vessel for the nation, synchronises with the handing over of the third of the Offshore Patrol Vessel (NOPV) 'INS SUMEDHA' - built and designed indigenously.”

The release said, the ship was handed over to the Navy by GSL Chairman and Managing Director Rear Admiral Vineet Bakshi at a function at the shipyard.

The ship is the biggest O...

State govt. wants Detailed Plan from Port Developers 15 January 2014

The State Government on Monday asked the developers of port projects to submit detailed work plans with milestones and timelines.

Commerce and Transport Secretary G Mathivathanan said, “The port developers have been asked to submit forest clearance proposals by January 31 along with Gram Sabha resolution, differential global positioning survey (DGPS) and FRA (Forest Rights Act) certificate.”

The State Government has identified 14 locations for development of non-major port projects.

Projects including Angul-Sukinda railway line, Haridaspur-Paradeep railway line, Dhamara Port, Astaranga Port, Subarnarekha Port and Gopalpur Port were reviewed ...

CSL delivers PSV to Liberian co 15 January 2014

Cochin Shipyard Limited (CSL) on Tuesday delivered a high-end Platform Support Vessel (PSV), ‘Sea Titus’, to a Liberian company.

A shipyard release said, this is the second of a series of four similar vessels being built for the same client, PSV Holding Inc.

The Protocol documents of the ship were signed by Capt R S Sundar, Director (Operations) on behalf of Cochin Shipyard and Finn Amund on behalf of M/s. PSV Holding Inc, in the presence of Ravikumar Roddam, Director (Finance), P Vinayakumar, Director (Technical) and other senior officials from CSL.

The ship has been assigned the ‘CLEAN DESIGN’ notation by DNV signifying the hig...

Chinese cargo ship catches fire 14 January 2014

A Chinese cargo ship caught fire is the sea. The incident took place in the jurisdiction of Yellow Gate police station.

A police officer said that their team had gone to the spot and that they did not have information about any casualty till the reports filtered in.

...

HC shuts 12 units in APSEZ 14 January 2014

The Adani Group’s Adani Ports and Special Economic Zone Limited (APSEZ) at Mundra, the Gujarat High Court (HC) on Monday ordered suspension of commercial and developmental activity by 12 units in the SEZ with immediate effect.

The HC order, delivered by a Division Bench comprising Chief Justice Bhaskar Bhattacharya and Justice J.B. Pardiwala, came in response to a Public Interest Litigation (PIL) filed by the residents of Navinal village, located inside the SEZ.

The petitioners had alleged violation of the Environment Impact Assessment (EIA) Notifica