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CSL to build 4 catamarans for Andamans 08 February 2016

Union Minister Nitin Gadkari said, Cochin Shipyard Limited (CSL) will build four such popular vessels, used for cruising and other purposes, for Andaman and Nicobar Islands. This follows the State-owned companyís recent contract to build cryogenic carriers that transport natural gas frozen in liquid form after a pact with GTT France, the world leader in design and technology provider of containment systems for transportation of LNG. Road Transport, Highways and Shipping Minister Gadkari said that ďCochin Shipyard is building four catamarans for Andaman and Nicobar Islands. The vessels would be ready in two to two-and-a-half years.Ē This is done under ĎMake in Indiaí drive, Gadkari s...

VPT chalks out new plan to regain business 06 February 2016

Visakhapatnam Port Trust (VPT), one of India's leading state-owned ports that lost significant business to neighbouring privately-owned Gangavaram Port for years, is gearing up to regain business through improving efficiencies, and has termed the coming fiscal as a 'turnaround year'.

One of VPT's largest customer, Rashtriya Ispat Nigam (RINL) that runs Vizag Steel Plant, had years ago shifted to Gangavaram Port situated next door to save on logistics costs for import of raw materials and export of finished products.

VPT has now firmed up plans for capacity augmentation and modernization involving at least INR 3,000 cr, increasing the cargo handling...

Great Eastern Shipping to close down UK subsidiary 05 February 2016

Great Eastern Shipping today said it has decided to voluntarily strike off the name of its subsidiary GESCO London from the Companies Register in the UK.

This implies that the GESCO London would be shut down. The entity would cease to exist officially once its name is struck off from the Register. Currently, the entity does not conduct any business activities.

GE Shipping said, "The company has decided to voluntarily strike off the Great Eastern Shipping Co London Limited (GESCO London), a wholly- owned subsidiary of the company, from the Companies Register in UK.”

The process of striking off of GESCO London from the Register is expected to b...

Call to bring down handling charges at ports 05 February 2016

Experts said that the handling charges at Indian ports are too high which have to be brought down substantially. Similarly, there is an urgent need to improve the port infrastructure to make it easier for the industry and the ex-im trade.

Speaking on the sidelines of an event here, the former CMD of Shipping Corporation of India, S. Hajara, said, "Every effort should be made to bring down the handling charges at ports and make our ports more efficient."

Meanwhile, stressing upon the need to support shipbuilding industry, the Chairman and Managing Director of Hindustan Shipyard, Rear Admiral Sarath Babu, said that the government should support shipbuildin...

Finance Minister likely to propose construction of four new Major Ports in Budget 2016-17 05 February 2016

Sources said, In Budget 2016-17, the Finance Minister, Arun Jaitley, may propose four new Major Ports to be constructed.

Sources added that, these ports would be at Dahanu (Maharashtra), Colachel (Tamil Nadu), Sagar (West Bengal) and Dugarajapatnam (Andhra Pradesh) at an estimated cost of INR 32,000 crore.

A study by McKinsey and Aecom for the Shipping Ministry underlined the need of building coastal capacities to meet the future cargo volume.

The study notes that ports handled 857 million tonnes (mt) of bulk cargo in 2013-14. In 2025, it estimates that bulk traffic will increase to 1,850 mt a year. Ex-im bulk will rise 4% to reach 1,000 mt a year.

...

SHM Shipcare supplies 14 ships to navy 04 February 2016

According to Saifuddin Hajee, Chairman of the company, SHM Shipcare, a Mumbai-based company, has so far supplied 14 immediate support vessels (ISV) to the Indian Navy and is expecting more orders.

He was addressing the media here on Wednesday, as his company is participating in the maritime exhibition being conducted here by the navy as part of the International Fleet Review (IFR) from February 4 to 8.

Hajee said his company was displaying its latest maritime products ranging from FRP boats, SAFIN 420 life boats, inflatable life rafts, inflatable boats, life safety equipment and fire safety equipment.

He said his company had started the ISV project in 2...

Bangladesh to soon grant India access to Chittagong port 03 February 2016

Bangladesh will “soon” grant India direct access to its Chittagong port even as both sides work on forward linkages.

Bangladesh is working on a Standard Operating Procedure (SOP) which will ensure India direct access to the port, which is significant in boosting bilateral and intra-regional trade.

Bangladesh Foreign Secretary Md Shahidul Haque said that “Hopefully, we will be realising this soon. We are working on SOPs and forward linkages on other aspects that go beyond just access to Chittagong port.”

Recently, Bangladesh Prime Minister Sheikh Hasina suggested creation of a joint consortium between both the countries in an effo...

JN Port achieves impressive performance during Jan 2016 03 February 2016

JN Port handled 3, 77,581 Twenty Foot Equivalent Unit (TEU), leading to 0.4% increase of YoY performance for the month of January 2016.

Port owned Container Terminal (JNPCT) handled 1, 27,246 TEU, which was an increase of 28% in comparison to January 2015.

The total liquid handled by JNPT-Liquid Cargo Jetty increased by 7.7% for April-Jan, 2015-16 compared to April-January 2014-15.

The Gross crane productivity of JNPCT for January 2016 was 19.47 moves/hour, which is second best in this financial year. The performance was overall flat primarily due to disruption of operations at NSICT.

However, the limited operation continued with the help of ...

SCI announces direct SMILE service voyage to Jebel Ali ex. Kattupalli & Krishnapatnam 01 February 2016

The Shipping Corporation of India (SCI) has informed through a trade notice that its SMILE service vessel mv Indira Gandhi 309 will be calling Kattupalli port on February 11, 2016 on its extended coastal leg from Tuticorin.

After Kattupalli, the vessel will call Vizag on February 13 and Krishnapatnam on February 14. It will then sail to Jebel Ali (February 26) via Colombo (February 17).

SCI said that during this voyage it will accept COC and SOC shipments for Jebel Ali/Colombo and also accept over-dimensional project cargoes for the Gulf and all other destinations that move via Colombo, at the most competitive rates ever.

It has requested the trade to e...

Visakhapatnam Port gets the solar route 01 February 2016

Visakhapatnam Port is set to become first major port in India to produce solar power in the next few days.

The stage is set for commissioning of the first phase of 10 MW project in the first week of February. Johnson Engineers Limited of NOIDA with which Visakhapatnam Port Trust (VPT) signed an MoU in November for installation of solar panels, operation and maintenance for seven years has already brought 8,000 panels in addition to inverters and batteries. At present the cabling work is going on and some more structures are expected in a day or two. Eastern Power Distribution Company of AP Limited will synchronise two MW of power in the first phase. The government has agreed...

Govt. to sell 10% stake in Cochin Shipyard 01 February 2016

The Union Government has begun the groundwork for a public offer for its Cochin Shipyard Limited(CSL), the country's largest shipbuilding and repair facility.

CSL has been in discussion with global shipping lines to bid for the GAIL contract for LNG (liquefied natural gas) container ships.

GAIL had invited proposals for construction and charter of these vessels beginning September 2017, to import LNG.

To give the Indian ship building industry a fillip, the tender had mandated construction of a certain number in India. To be bid in sets of three, with every one carrier to be constructed at an Indian shipyard. CSL's turnover in 2013-14 was INR 1,6...

MoS to invest INR 14,225 cr. to improve port infrastructure 01 February 2016

In order to enhance the level of mechanization at Indian ports at par with key ports across the world, the Ministry of Shipping (MoS) has decided to invest INR 14,225 crore in various port projects, including in increasing capacity.

In 2014-15, approval was received for 26 projects with an investment of INR 10,543 crore and capacity of 155 million tonnes per annum (mtpa). During 2015-16, a total of 30 projects were scheduled to be awarded, including capacity enhancement of 162 mtpa.

The MoS has been emphasising on creating additional capacities by constructing new berths and terminals, revamping existing berths and terminals and other modernisation projects with f...

MbPT tops All India Major Ports Athletic Meet 01 February 2016

Mumbai Port Trust (MbPT) was the overall champion, with 366 points, at the All India Major Ports Athletic Meet 2015-16 held at VOC Port Trust from January 7-10, 2016. Nine Major Ports participated.

Mumbai Port Trust won individual championships in the Category Girls and Boys under 18 and Girls under 14, and team championships in the Category Girls under 14 and Boys under 18. It garnered a total of 55 medals (gold 25, silver 19 and bronze 11).

The team members were felicitated by the Chairman and Deputy Chairman of MbPT.

...

Chennai Port handles record steel cargo 01 February 2016

Chennai Port has created a new record by handling 9,340 tonnes of steel cargo (plates) from the vessel mv. DANCEWOOD SW (berthed at JD- VI) on January 17, 2016. 

This surpassed the previous high of 7,196 tonnes handled way back in August 2005. Chennai Port said in a statement, J. M. Baxi was the stevedore.

The statement added, the Port Chairman and Deputy Chairman thanked employees, port users and the wider trade for their contribution towards achieving this record handling.

...

MPT to build passenger jetty at Kanhoji Angre Island 30 January 2016

Union Minister for Shipping and Road Transport & Highways Shri Nitin Gadkari recently laid the foundation stone for construction of a passenger jetty at Kanhoji Angre Island in the presence of Union Minister for Heavy Industries & Public Enterprises, Shri Anant Geete and the Chief Minister of Maharashtra, Shri Devendra Fadnavis.

The passenger jetty being constructed by Mumbai Port Trust at a cost of INR 16 crore is a part of the project for development of Kanhoji Angre Island as a tourist destination. Kanhoji Angre light house was constructed on the island by the erstwhile Government of Bombay at an expenditure of INR 1.22 lakhs in the year 1867. It was further upgra...

Chennai Port to spend INR 120 cr in green energy projects 30 January 2016

A senior official said that Chennai Port Trust is investing INR 120 crore over the next three years in green energy projects in its bid to become a ‘Green’ .

Cyril C George, Chennai Port Trust deputy chairman, said they had taken the first step with the installation of roof top solar panel on Port Trust Hospital.

An investment of INR 100 crore will be earmarked for wind energy, another five crore for solar plant, and the rest for online monitoring of environmental pollution.

He said that “Though all the 12 major ports in the country are moving towards generating power through renewable energy sources, we are the first one on the east c...

Adani Ports & SEZ wants to club 3 SEZ in Gujarat 30 January 2016

Adani Group has sought government's approval for clubbing its three notified special economic zones (SEZ) in Gujarat to form a mega multi-product export zone spanning over 8,500 hectare area.

The proposal will be considered by the Board of Approval, (BoA) headed by Commerce Secretary Rita Teaotia, on February 23.

The developer, Adani Ports & SEZ Limited (APSEZ), has stated that they have master planned these as a mega multi-product SEZ.

As per the original master plan, the SEZ with an integrated world-class development spanning the entire supply chain by way of multi modal connectivity, all utilities and industrial and social infrastructure faci...

Gujarat Pipavav Port Q3 net plunges 40% to INR 53 cr 29 January 2016

Gujarat Pipavav Port today reported 40.3% decline in standalone net profit at INR 53.30 crore for the December quarter on the back of lower income.

The company's net profit in the corresponding period of last fiscal was INR 89.31 crore, Gujarat Pipavav Port said in a regulatory filing.

It said that total income from operations during the quarter declined to INR 165.41 crore as against INR 184.48 crore in the year-ago period.

Gujarat Pipavav Port is managed and operated by APM Terminals, the ports and terminals company of the maritime giant, the A P Moller-Maersk Group.

APM Terminals is a leading container terminal operators in the world a...

Modi govt. to award INR 14,225 cr port projects by March 28 January 2016

As part of efforts to bring country's top 12 major ports on par with the best globally, government will award by March end projects worth INR 14,225 crore to augment their capacity by 162 million tonnes.

The Shipping Ministry said in a statement today, "During 2015-16, a total of 30 projects are to be awarded which will involve an investment of INR 14,225 crores and capacity enhancement by 162 MTPA.”

Twenty-six projects with an investment of INR 10,543 crore were approved in 2014-15.

The statement said that "In order to bring the major ports in India at par with its contemporaries across the world, Ministry of Shipping has been empha...

Mormugao Port iron ore berth to handle multicargo 28 January 2016

3 firms have expressed interest their interest in developing Mormugao Port Trust's (MPT) berths 8 and 9 and the barge berth.

Berth 9, which has been handing iron ore exports since its inception, and was a dedicated berth, will now handle general cargo and containers.

Berth 8, which used to handle liquid, will be converted to handle coal.

The barge berth will continue to handle iron ore. JSW Infrastructure Limited with consortium partner South West Port Limited, Vedanta's Sterlite Ports Limited, and Adani Port and Special Economic Zone Limited has expressed interest.

The development is planned on the basis of a feasibility study conduc...

Ennore Port aims to handle 60 MT cargo by 2017 28 January 2016

The Ennore Port is likely to have an 18 metre draught by next year and this could enhance the capacity of the port to handle 60 million tonnes of cargo.

The port’s Chairman MA Bhaskarachar said that they have sought the Shipping Ministry’s clearance for the INR 600 crore projects to have an 18-metre draught.

Union Shipping Minister Nitin Gadkari had recently stressed the need for all Major Ports to go for an 18-metre draught.

As India is planning for more coal imports in the coming years, there is an urgent need for ports to increase its draught to 18 metres to accommodate Capsesize vessels of about 1.6 lakh deadweight tonnage (DWT) instead ...

NMPT to set up rooftop solar power plant 27 January 2016

New Mangalore Port Trust (NMPT) is planning to make use of solar power for its daily operation in the coming months.

Speaking at the Republic Day celebrations here on Tuesday, PC Parida, Chairman, NMPT, said that work is in progress for setting up a 350-kw rooftop solar power plant at the port.

This will help meet the power requirement of administrative building, hospital building and guest house of NMPT and also the street light in its premises.

Further, the port is planning to commission a 5-MW solar power plant by November. This will meet the power requirement of the berths at the port. Highlighting other projects of the port, Parida said the fire-fi...

Visakhapatnam port bullish on cargo handling 27 January 2016

According to P.L. Haranadh, Deputy Chairman, Visakhapatnam Port has so far handled 47 million tones (mt) of cargo during the current financial year and is confident of surpassing the 58 mt of cargo handled in the previous fiscal.

Addressing port workers, port users and the trade here on the occasion of Republic Day, he said the 12 major ports in the country had registered 3% growth in the year, handling 447 mt against 433 mt in the corresponding period last year.

He said Vizag Port's performance had suffered due to the decline in export of iron ore by nearly three million tonnes and lower imports of steam coal, which were down by 1.3 mt due to an increase in d...

Shipping Ministry plans to float tenders to develop three greenfield ports 25 January 2016

The Shipping Ministry is planning to float tenders by March, for the development of three Greenfield ports in the country.

Out of the three, it is most positive about Wadhwan port near Mumbai, as it does not require any major land acquisition.

It would be developed on 5,000 acres of reclaimed land and serve as a satellite port to the main Jawaharlal Nehru Port. About INR 10,000 crore of investment would require in the first phase.

In June 2015, an MoU was signed between Maharashtra Maritime Board and Jawaharlal Nehru Port Trust (JNPT) for the port development.

A senior Shipping Ministry official said that along with Wadhwan, Sagar port in Wes...

Cargo traffic at 12 major ports up 3% 24 January 2016

India's top 12 major ports saw an increase in cargo traffic by 3.18% to 447.05 million tonnes (MT) during the first nine months of the current fiscal.

These ports operated by the central government had handled 433.26 MT of cargo during April-December period of the previous fiscal, 2014-15.

According to the latest data, Kandla Port handled the maximum 73.87 MT of cargo during the period, which was up 4.26% against 70.85 MT during April-December 2014. Paradip Port handled 55.13 MT, the second highest cargo traffic during the April-December period of the current fiscal.

The port had handled 52.39 MT during the same period a year ago. JNPT at Mumbai han...

ChPT calls up KITCO to study on utilisation of dredged sand 23 January 2016

Cochin Port Trust (ChPT) has approached KITCO to undertake a study for utilization of dredged sand.

ChPT has been exploring methods of reducing the net expenditure on maintenance dredging.

One of the suggestions in this regard was utilization of the material from the dredging. Around 21 million cubic metres of dredged material is currently being dumped by the Port in the designated dumping ground in the sea 20 KMs from the shoreline.

The efforts to use the material for landfills or as bio-fertilizers have not succeeded so far because of the presence of heavy metals on the one side, and the problems of taking the material from the trailing suction hopper...

Krishnapatnam port makes a mark 23 January 2016

The Krishnapatnam port, which is seen as a hub for heavy capesize ships, achieved a distinction once again with the berthing of cape vessel MV Percival on Friday.

Capesize ships are the largest dry cargo ships. They are too big to transit the Suez Canal or Panama Canal. Such ships have to pass either through the Cape of Good Hope or Cape Horn to cross oceans.

The heavy vessel was carrying 1,57,000 MMT of coal from as far as South Africa. It was safely berthed.

“With this, the port started servicing capes again, which demonstrates the infrastructural prowess of the port to assure continued and seamless business experience for users,” said Por...

CPT plans to use dredged sand 22 January 2016

The Cochin Port Trust (CPT) has approached the government-owned consultancy KITCO to undertake a study for utilization of dredged sand as part of its efforts to reduce the net expenditure on maintenance dredging.

A press release from the Port Trust said that One of the suggestions in this regard was utilization of the material from the dredging. Approximately 21 million cubic meters of dredged material is currently being dumped by the Port in the designated dumping grounds in the sea 20 km from the shoreline.

Earlier efforts were to use the material for landfills or as bio-fertilizers. But efforts have not succeeded so far because of the presence of heavy metals o...

Cargo traffic at 12 major ports up 3% 22 January 2016

India's top 12 major ports saw an increase in cargo traffic by 3.18% to 447.05 million tonnes (MT) during the first 9 months of the current fiscal.

These ports operated by the central government had handled 433.26 MT of cargo during April-December period of the previous fiscal, 2014-15.

Kandla Port handled the maximum 73.87 MT of cargo during the period, which was up 4.26% against 70.85 MT during April-December 2014, according to the latest data.

Paradip Port handled 55.13 MT, the second highest cargo traffic during the April-December period of the current fiscal. JNPT at Mumbai handled 48.23 MT while Mumbai port handled 46.39 MT of cargo during Apr...

Krishnapatnam port resumes operations 22 January 2016

The Hyderabad-based CVR group-led Krishnapatnam Port Company resumed normal operations on Wednesday within 50 days after its functioning was adversely affected due to siltation.

Anil Yendluri, Director and CEO of Krishnapatnam Port, said in a statement, “We have been able to resume our original scale of operations in such a short period which is one of the fastest turnaround to normalcy after our operations were impacted.”

...

ChPT issues e-tender for road widening 21 January 2016

The Civil Engineering Department of Chennai Port Trust (ChPT) has floated e-tender inviting online bids for widening of the concrete road adjacent to the container freight station near gate no. 1 at an estimated cost of INR 65.88 lakh.

The Chief Engineer of ChPT said interested parties could visit their website www.chennai port.gov.in or www.e-procure.gov.in.

...

Government to start developing 3 new ports in 2016 20 January 2016

Union Minister Nitin Gadkari said As part of its plan to develop ports and boost maritime trade, government would develop three major ports in the country this year. "We have already taken a decision this new year.

We will start three new major ports. One is at Colachel in Tamil Nadu, the second at Sagar in West Bengal and third at Dahanur, Wadhwad in Maharashtra", he said addressing students at the second convocation of Indian Maritime University here today.

The Road Transport and Highways minister said the plan to set up new ports would definitely add to the economic growth.

He said that "Definitely, that is going to help us in accelera...

Paradeep Port cargo up 5% in Apr-Dec 19 January 2016

Paradeep Port Trust (PPT) has recorded 5.23% growth in its total cargo in April-December period of 2015-16.

The port's cargo traffic in the period rose from 52.39 million tonnes (mt) to 55.13 mt.

The port handled 1156 ships compared to 1064 ships in the year-ago period. PPT has taken a slew of measures which has ensured improvement in productivity of ship days from 17,289 tonnes in 2014-15 to 19,856 tonnes in the period under review.

The port recently declared its facility of CQ-1/CQ -2 and South Quay for handling Baby Cape ships up to 260 metres length, beam with 43 metres and draft of 14.5 metres.

The port infrastructure like road and r...

Wartsila India inks pact with Cochin Shipyard for workshop 18 January 2016

Wartsila India has signed an MoU with Cochin Shipyard Limited for setting up a containerised self-sufficient workshop.

The workshop, which will be set up in the CSL premises, will primarily cater to propeller blade metallurgical repairs and engine component repairs.

The company also plans to support CSL with comprehensive engine, propulsion, and electrical & automation services based on the latter's requirements.

The MoU was signed by Sunny Thomas, Director, Cochin Shipyard Limited, and James Rajan, Director, Service Unit, South Asia, Wartsila India.

With this MoU, the yard is expected to attract more ship-repair business at its prese...

Work on cargo launch begins at Cochin Shipyard 16 January 2016

The block erection work on the deck cargo/launch barge being built by Cochin Shipyard Limited for the National Petroleum Construction Company, Abu Dhabi, got under way with the erection of a mega block in the building dock.

Paul Antony, chairman, Cochin Port Trust (ChPT), was the chief guest, said a press release here.

Madhu S. Nair, chairman and managing director and Paul Ranjan, director (finance) were among those present at the occasion.

The block weighing 140 tonnes was erected using the giant gantry crane.

The release said that the deck cargo/launch barge for NPCC is the 45th export order for CSL. This order was secured by Cochin Shipyar...

Cargo traffic at major ports up 3% at 447 mt 15 January 2016

Cargo traffic handled at the 12 major ports in the country rose by 3% to 447.05 million tonnes (MT) between April and December this fiscal helped by pick up in demand.

This was against 433.5 MT cargos handled during the same period in 2014-15.

Kandla port led the tally with 73.87 MT cargo handled during the April-December period in 2015-16 followed by Paradip Port (55.13 MT), JNPT (48.23 MT), Mumbai Port (46.39 MT), Visakhapatnam (42.24 MT), Ministry of Shipping said.

Commodity-wise, highest growth was witnessed in coal followed by fertilizer/FRM, other Cargo, POL and container during the first 3 quarters of 2015-16. However, the traffic in iron ore sho...

Sravan Shipping to spend 390 crin Andhra Pradesh port projects 15 January 2016

According to G Sambasiva Rao, Managing Director Sravan Shipping, based at Visakhapatnam, is planning to invest heavily in several projects in the ports of the State in the next two years.

He said here on Thursday that the group had signed MoU with the State Government for these projects during the CII Partnership Summit which concluded earlier this week.

A total investment of INR 390 crore is planned, providing jobs to 2,400 or so. He said the group was planning to develop a free trade warehousing zone and special economic zone near the Visakhapatnam Steel Plant.

He said “We are planning to set up container freight stations (CFS) in Visakhapatnam,...

Kochi Port gets 1st vessel at Zuari terminal 14 January 2016

Underlining Kochi Port's emerging status as a cement hub, the first vessel with a consignment of 7,612 tonnes of cement arrived at the Zuari Cement bagging terminal here.

Cochin Port Trust Chairman Paul Antony, Deputy Chairman G. Senthivel and Secretary Gowri S. Nair were among those present when the ship anchored at the port.

Cochin Port Trust (ChPT) sources said that two full-fledged cement terminals were in operation at the port and the third one is operational now with the arrival of the cement ship .

The 2 terminals in operation belong to Ambuja and Ultra Tech Cements and Malabar Cements is in negotiation with the ChPT for obtaining six acres f...

Alba Asia begins operation of new pvt berth at Visakhapatnam port 14 January 2016

Alba Asia Private Limited, which has constructed a multi-purpose general cargo berth at the Visakhapatnam port, has announced the commencement of commercial operations.

CEO Gurpreet Singh Malhi said that the West Quay 6 berth, with a capacity of 6 million tonnes (mt), had been built for INR 225 crore to handle steel, granite blocks, petroleum coke, calcinated petroleum coke, LAM coke and other cargo. It is equipped with two 60 mt luffing cranes.

He said the first vessel at the berth arrived on Tuesday to discharge cargo – 10,000 mt of large diameter steel pipes from the Essar group, for a Telangana-based company. It was the first time that such pipes, with d...

Adani Ports to raise INR 4,500 cr via long-term bonds 13 January 2016

Adani Ports and Special Economic Zone Limited plans to raise INR 4,500 crore through long-term debentures. The aim is to reduce short-term debt and finance projects, including those at Mundra in Gujarat.

Rating agency ICRA has assigned a long-term 'AA+' rating on the enhanced non-convertible debentures programme of the company from INR 2,384 crore to INR 6,884 crore.

The outlook on the rating is 'stable'. In the first half of 2015-16, at a consolidated level, the company handled 76.1 million tonnes of cargo and the operating income (OI) was INR 3,591 crore, with net profit of INR 1,283 crore.

The group has seven operational port assets a...

Krishnapatnam Port signs MoU with Andhra, Petrogas for LNG project 12 January 2016

Krishnapatnam Port Monday said that it has signed a memorandum of understanding (MoU) with Petrogas Private Limited and the government of Andhra Pradesh for setting up a LNG regassification terminal.

Petrogas will commit a direct investment of INR 3,000 crore at Krishnapatnam, in the fields of LNG regassification terminal and allied industries.

Petrogas which a joint venture of Isomeric Holdings Sdn Berhad and Vijayawada-based LEPL Ventures Private Limited.

The LNG Terminal will use a floating storage and regasification unit (FSRU) with a minimum capacity of 5 million tonnes per annum (mtpa) which shall be doubled to 10 million MT in another three years...

Chennai Port eyes 25% rise in rail shipment of containers 12 January 2016

A top official said that aimed at stepping up its operational efficiency, the Chennai Port Trust plans to raise shipping of containers through the Railways by 25%.

Chennai Port Trust Deputy Chairman Cyril V George said, the Port Trust last year (2014-15) handled 1.50 million TEU (twenty-foot equivalent units). As of December 31, 2015, it was 1.20 million TEU.

"Currently, about 7% of shipment of containers are handled by the railways. We expect that to increase by 25%.” He was speaking to reporters after flagging off the first batch of containers through trains operated by the Gurgaon-based Distribution Logistics Infrastructure (DLI). George said,

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Box traffic in Chennai Port to get a boost 11 January 2016

Container volume from and to Chennai Port is expected to get a boost when a private sector container train operator launches a new bi weekly service from the port to Bengaluru on January eleventh according to Port's Traffic Manager B Vimal.

Container traffic from the port to Bengaluru sector is around 60,000 Twenty Foot Equivalent Unit (TEU) per year and is expected to go up substantially when the private operator Gurgaon based Distribution Logistics Infrastructure Private Limited starts the service from the Chennai Port end.

The expectations are that the turn over may go up by 7% in the initial stages As the current arrangement Distribution Logistics will pro...

Paradip Port announces servicing of Baby Cape Size ships 11 January 2016

Paradip Port after completion of capital dredging of few berths up to 14.5 mtrs is now geared up to berth Baby Cape Size vessels of LOA 260 mtrs, Beam of 43 mtrs and with a maximum draft of 14.5 mtrs.

Berthing of such vessels will be primarily done at CQ-1/CQ-2 berth, says a trade circular on 5 Jan ’16. PPT also declares that it would also berth Baby Cape Size vessels of LOA 260 mtrs, Beam of 43 mtrs and with a draft of 12.5 mtrs at South Quay berth.

The above type of ship berthing facility is being made available at PPT w.e.f. 05-01-2016. Berthing of above type vessels will be throughout the year during the favourable weather and suitable climatic condition...

MPT emerges champion 11 January 2016

The Mumbai Port Trust (MPT) emerged as the overall champion at the All India Major Ports Athletic Meet for 2015-16.

At the valedictory function of the meet held at the Port School Ground here on Sunday evening, Superintendent of Police Ashwin Kotnis, chief guest, presented trophies to the winners of various categories and the overall champion.

Chairman of V.O. Chidambaranar Port Trust S. Anantha Chandra Bose, who is also Chairman, Major Ports Sports Control Board, presided over the function.

The Mumbai Port Trust emerged as the overall champion with 366 points, Jawaharlal Nehru Port Trust secured the second place with 262 points and Paradip Port Trust s...

Distribution Logistics Infrastructure to vie with Concor for Chennai port cargo 11 January 2016

Distribution Logistics Infrastructure (DLI) is set to end state-owned Concor’s dominance when it links Chennai Port and the inland container depot Marigold at Devangonthi, near Bengaluru, by operating a weekly train service from January 11.

The firm is currently moving export and import containers from Mundra Port, Jawaharlal Nehru Port Trust (JNPT) and Pipavav to Loni, Namli and Nagpur.

Concor has been operating rakes between Chennai Port and the Inland Container Depot in Whitefield, Bengaluru, and to Hyderabad. About one lakh twenty-foot equivalent units of containers were moved through rakes last year.

Exporters and importers welcomed the move ...

Cargo volume at major ports rises marginally for the second consecutive month 09 January 2016

Cargo volume at major ports in India increased marginally for the second consecutive month in November 2015.

Indian ports handled 49 million tonnes (mt) of cargo, increasing marginally by 0.9% compared to corresponding month in the previous year.

Volumes of import cargo, which account for over two-thirds of the overall cargo traffic at major ports, grew by 2.6% to 34.5 mt. Trans-shipment cargo traffic rose by 18.1% to 2.6 mt.

However, export cargo volumes fell by 6.6% to 11.9 mt during the month. Cargo volumes of petroleum, oil & lubricants (POL), the largest contributor to total cargo traffic, increased by 4.3% to 16.2 mt. However, a sharp 6.8% dec...

CoPT to encourage cargo from Pollachi, Coimbatore & Tirupur 09 January 2016

Sources said that Cochin Port Trust (CoPT) plans to encourage cargo from trade centres in south-west Tamil Nadu such as Pollachi, Coimbatore and Tirupur this year.

The former Chairman of New Managalore Port Trust, P. Tamilvanan, held talks with the Container Corporation of India Limited (Concor) to operate special trains between Pollachi and Kochi to cater to the 22,000-teu per annum business. Despite the tonnage issues on roads, the ex-im trade in Pollachi evinced keen interest in the new facilities at the Vallarpadam ICTT.

The launch of the new Galex service helped Cochin Port to increase cargo movement from Pollachi through the International Container Transhipm...

Work on Sagar port project to begin soon 09 January 2016

Union Road, Transport, and Highways and Shipping Minister Nitin Gadkari, on Friday, said the technical and feasibility study for the Sagar port project has been completed and work on it is likely to start in March.

Prime Minister Narendra Modi is likely to lay the foundation stone.

According to him, the port, along with an overbridge, is estimated to cost INR 2,700 crore.

Gadkari said at the Bengal Global Business Summit here, “The Sagar port will be an addition to the major ports of the country.”

The minister said that both in ports and roads sectors, the Centre would make a combined investment of over INR 52,000 crore.

...

Ravi Parmar appointed full-time Chairman of KPT 07 January 2016

Ravi M. Parmar, a Bihar cadre IAS officer of the 1992 batch, has been appointed as full-time Chairman of Kandla Port Trust (KPT) by the Ministry of Shipping.

He had been holding additional charge as Chairman of KPT since January 2014, which saw the Port take further strides in sustaining and maintaining its lead in cargo handling.

His tenure is up to February 17, 2018 or until further orders, whichever is earlier, the Ministry said in its order. Parmar is also the Chairman of Mumbai Port Trust (MbPT), since May 2014. Earlier, he was Deputy Chairman of MbPT from February 2013.

Parmar, an M. A. in Public Administration from the US, has over two decades of...

Adani Ports to expand terminal for transhipment hub at Mundra 07 January 2016

Adani Ports & SEZ Limited (APSEZL), part of the Adani Group, on Wednesday said it will expand its existing terminal Adani International Container Terminal Private Limited (AICTPL) at its flagship Mundra port to make a transhipment hub.

AICTPL is a 50:50 JV with Terminal Investment Limited, an arm of Swiss-based Mediterranean Shipping Company (MSC), S.A, the second largest shipping liner in the world.

The expansion is being carried out to create a transhipment hub for West Asia, South Asia and India, a company spokesperson said here.

Upon completion, AICTPL will emerge as India’s largest container terminal with a total quay length of 1,460 metr...

KPL to use e-tender to allot land 07 January 2016

Kamarajar Port Limited (KPL) in Ennore will use the option of e-tender/e-auction to allot nearly 300 acres of land to the trade for creation of port-based facilities. The port took over 648 acres of land from the Centre’s Salt Department for INR 480 crore.

MA Bhaskarachar, Chairman-cum-Managing Director, KPL said, “Of this, we have earmarked around 300 acres to be given to the trade for purposes like open storage, liquid tank facility and warehouses.”

He said that Other major ports, including Chennai, have been taking up e-tender-cum-e-auction for various issues.

On Monday, KPL held a workshop to ascertain the requirement of land, plot...

Coal stocks at key Indian Ports end 2015 at 12.22 MMT 06 January 2016

Coal stocks at 17 key Indian Ports totaled 12.22 million tonnes (mt) as on December 31, up slightly from a fortnight earlier, data released by Indian shipbroker Interocean showed.

The December 31 total included 9.67 mt of thermal coal and 2.22 mt of coking coal and the December 17 total 9.29 mt of thermal coal and 2.13 mt of coking coal.

Paradip on India's east coast had the highest total stocks December 31 at 2.22 mt and the highest coking coal stocks at 1 mt.

Gangavaram on the east coast had the highest thermal coal stocks at 1.45 mt.

The 17 ports surveyed by Interocean were Mangalore, Tuticorin, Kakinada, Paradip, Kandla, Gangavaram, V...

Union Minister inaugurates capital dredging at Mormugao Port 05 January 2016

Official sources said that the Union Minister for Road Transport, Highways and Shipping, Nitin Gadkari, inaugurated the capital dredging of navigational channel at cruise berth at Mormugao Port recently.

Speaking on the occasion, Gadkari said that Mormugao would be the country’s first port to have a draught of 19.5 meters which would allow a 1,85,000-tonne ships to berth at the facility.

The Minister said it was essential to develop any port to a draught of 18 meters, which would help the economy of the state to get a major thrust.

The Minister further said that in order to transport goods from Goa to Hospet in Karnataka via road and rail, the gov...

MPT floats tender for re-development of berth as multi-cargo 04 January 2016

Mormugao Port Trust (MPT) has floated a tender (CE/68(R-1)/2015) inviting applications for the re-development of berths 8 and 9 and barge berth as multi-cargo, Capesize (1,050 mts long) berths on design-build-finance-operate-transfer (DBFOT) basis for 30 years at the facility.

Sale of tender documents was held on December 31, 2015 and the application due date is January 21, 2016 up to 1500 hrs, according to the Civil Engineering Department of MPT.

...

Evergreen Line makes its maiden call at Kattupalli Port 04 January 2016

Kattupalli Port has attracted one more Shipping line to test launching of regular services in the future from the port.

A vessel belongs to Evergreen Shipping, one of the important liners in Colombo & Gulf sector, made a maiden vessel call at the port on Dec 25, according to sources.

M.V. Messini Voy. 035W with an LOA of 200 Meters on the CCG service called at Kattupalli Port to load exports for Colombo & Gulf. Kattupalli Port officials felicitated the Master of the vessel M.V. Messini Voy. 035W along with senior members of Evergreen India team and thanked them for making this most modern gateway terminal in the East Coast of India a port of their choice.<...

Cabinet to get civil aviation policy in January 02 January 2016

According to RN Choubey, Secretary, Civil Aviation, the Ministry of Civil Aviation is on track to send the civil aviation policy to the Cabinet in the third week of January.

This is despite several domestic airlines yet to give their final view on the 5/20 rule.

Meanwhile, the Singapore Government has nominated Changi airport to take up operation and management of Jaipur and Ahmedabad airports. RK Srivastava, Chairman, Airport Authority of India, said the Changi team is expected to visit the two Indian airports in January.

...

Paradeep Port considering outer harbour for large ships 02 January 2016

With an aim to ramp up its cargo handling capacity to 175.5 million tonnes (mt) by 2018, Paradeep Port Trust (PPT) is mulling to develop an outer harbour to handle large Capesize ships of up to 225,000 dwt (dead weight tonnage).

Of the various options of developing the outer harbour layout, IIT Madras has recommended the Southern Side layout. Mckinsey-Aecom are carrying out the techno-economic feasibility study, which is expected to be completed by the end of this month.

The draft has been enhanced from 12-12.5 metres to 14-14.5 metres in six berths. Dredging of North Oil Jetty taken up to increase the draft to 16 metres, has been substantially completed.

...

Shortage of workers affecting trade at Mumbai port 02 January 2016

A ship agents’ body today alleged that lack of workers at the Mumbai port, is having an adverse impact on trade as vessels take longer for loading/unloading cargoes.

Mumbai and Nhava Sheva Ship Agents Association said in a statement, “The port is not in a position to allot the required number of gangs for ensuring normal rate of operations of discharge/load the vessels. This has resulted in increase in the turnaround time for vessels at the port.”

The body further said it has written to the port authorities highlighting the issue.

Officials at the Mumbai Port Trust were not immediately available for comments.

The Mumbai port...

Kattupalli Port gets maiden ship call of Evergreen Line 01 January 2016

Kattupalli Port has attracted another major Colombo and Gulf carrier with the maiden vessel call of Evergreen Shipping on December 25, 2015.

M.V. Messini Voy. 035W with an LOA of 200 m, on the CCG service, called at Kattupalli Port to load exports for Colombo and the Gulf.

Kattupalli Port officials felicitated the Master of the vessel along with senior members of the Evergreen India team and thanked them for making this most modern gateway terminal in the East Coast of India a port of their choice.

Said Capt. C. V. Ramnath, Business Head, Adani Kattupalli Port Private Limited, "Adani Ports is happy to welcome Evergreen Line to Kattupalli. With no c...

ChPT primes itself to regain volume growth 31 December 2015

Chennai Port Trust (ChPT) has decided to provide tariff concession on container ships for a six-month period starting January one, 2016 as part of the ‘Mission Resurge’ plan to revive its fortunes.

ChPT, which has been facing severe competition from neighbouring ports, has decided to give concession of 15% on vessel-related charges for all container vessels calling at Chennai Port.

ChPT Traffic Manager, B. Vimal said that this scheme will be reviewed after three months of implementation.

Cars are being exported only from two ports on the east coast with the Chennai Port being the first to start it. However, it had lost its leading position t...

Chennai Port proficiently handles over-dimensional heavy lift project cargo 30 December 2015

Chennai Port recently showcased its expertise in handling over-dimensional heavy lift project cargo.

On December 22, CPCL’s consignment of an HCGO reactor, weighing 336 tonnes, loaded at JNPT, arrived at Chennai Port through coastal vessel m.v. Prima Dora.

The 37.35-m long, 4.8-m high over-dimensional cargo was efficiently handled and offloaded on to the trailer.

This was testimony to Chennai Port’s capacity in handling many such over-dimensional cargo, emphasised a release.

Steamer Agent Pearl Shipping and Handling Agent Lee & Muirhead while expressing their confidence in the Port, reaffirmed their choice of Chennai Port as t...

SpiceJet to raise funds worth up to INR 5,000 cr 30 December 2015

SpiceJet today said its shareholders have approved a proposal to raise funds worth up to INR 5,000 crore.

The shareholders, at the company’s 31st Annual General Meeting held here yesterday, also approved the appointment of promoter Ajay Singh and his wife Shivani Singh as directors, the company said in a regulatory filing.

Besides, the shareholders have also given their nod to the appointment of R Sasiprabhu as an Independent Director of the company, it said.

Singh, earlier a co-founder of SpiceJet in 2005, took back its control after acquiring the entire 58.46% stake of Kalanithi Maran and Kal Airways Private Limited in February this year. His ho...

Major Ports thermal Coal imports up 12 % in April- Nov 2015 29 December 2015

According to Indian Ports Association (IPA)'s latest data, India's 12 Major Ports handled 63 million tonnes (mt) of imported thermal coal in April-November, up 11.75 from a year ago.

Coking coal imports were also up 2.5% to 21 mt in the first eight months of the current fiscal year 2015-16 from a year ago, the data showed.

Paradip Port on the east coast received the most shipments of imported thermal coal during the period at 20 mt, up 2% from a year ago.

Paradip Port also handled the highest coking coal volumes in the eight-month period at 5.7 mt, up 11.7% from a year ago.

Chennai Port and Jawaharlal Nehru Port Trust (JNPT) didn'...

Fully laden Panamax ship berths at inner harbour 29 December 2015

For the first time in the history of Visakhapatnam Port, a fully laden Panamax vessel m.v. Visva Preethi berthed at the inner harbour on Monday.

Ships used to go for lightening at the outer harbour to enter into the inner harbour due to draft problem.

An official of the port said that the port undertook dredging in both outer and inner harbours to handle bigger size vessels with a total investment of INR 320 crore. “We are very happy to receive a fully laden Panamax vessel with a draft of 14.5 meters at EQ-1 (Adani Vizag Coal Terminal Private Limited).”

Outer harbour dredging to handle Cape size vessels was completed immediately after commis...

ICTPL commences container operations 28 December 2015

Indira Container Terminal Private Limited (ICTPL), a subsidiary of Gammon Infrastructure Projects Limited, has commenced container operations at its offshore berth from December 20, 2015.

VSL Bahri Yanbu 006was the first vessel from which containers were handled at this prestigious terminal within Mumbai Port. ICTPL foresees growth in container traffic from Mumbai Port in the near future, it said in a release.

ICTPL has also established an Indian record of loading over 5,350 vehicles from its offshore berth within a few months of commencing RoRo operations. Till date, it has handled over 51,000 vehicles from its two offshore berths.

The response from th...

Krishnapatnam Port to get new LNG Terminal 28 December 2015

In a major boost to industrial development in Nellore region, an Liquefied natural gas (LNG) terminal being promoted by the LNG Bharat Group will come up at the Krishnapatnam Port in Nellore District with a capacity of 5 million tonnes (mt) per year.

The overall project comprises an LNG floating storage, onshore buffer storage tank, regasification and cryo truck loading bays.

The terminal will have an LNG berth of its own and also marine logistics support from the port.

Speaking on the future prospects because of this terminal, G. Venugopal, head of industry relations of the Krishnapatnam Port, said that this was a welcome development with lots of new o...

GSPCB issues notices to MPT, 2 port operators 26 December 2015

Goa State Pollution Control Board (GSPCB) has issued notices to Mormugao Port Trust (MPT) and two major companies handling coal at its terminal under pollution control norms for allegedly causing environmental hazard.

GSPCB has issued show cause notice to MPT, M/s Adani Murmugao Port Terminal Private Limited and JSW's South West Port Limited after it was noticed that the dust pollution emanating from the coal handling has increased in the port town of Vasco, 40 kms from here.

Board Chairman Jose Manuel Noronha said the companies and the port administration have been asked why their consent under Water and Air Pollution Prevention Act should not be withdrawn.

PPT new chairman assumes charge 25 December 2015

Rinkesh Roy, an IRTS Officer of 1992 batch, has assumed charge as the Chairman of the Paradip Port Trust (PPT). Roy assumed charge on December 23.

According to a release issued by the PPT, prior to joining the Paradip Port Trust as its Chairman, he has worked in various capacities with the Railway Operations Department at Khurda Road, Sambalpur, Waltair, Kharagpur, Chakradharpur and Bilaspur divisions.

As General Manager - Operations in Centre for Railway Information System (CRIS), Roy developed a mobile application called ‘Parichaalan’ for freight operations.

...

Essar Shipping appoints Anoop Sharma as a new Managing Director 24 December 2015

Essar Shipping today said that Anoop Sharma has been appointed as its Managing Director.

The company said in a statement, "The Board of Directors of Essar Shipping Limited has appointed Capt Anoop Sharma as the Managing Director of the company, effective 1st November 2015.”

Sharma joined Essar in 2008 and until recently, served as CEO and Wholetime Director of Essar Shipping Limited, the statement said. He will be responsible for managing and growing the shipping business.

Sharma said, "I would like to thank the Board for reposing their confidence and entrusting me the responsibility to further spearhead the shipping business of the comp...

Konkan Railway to encourage Konkan food stalls across stations 24 December 2015

The passengers travelling on Konkan Railway will now be able to savour Konkan food on the way, with the Railway Ministry promoting stalls across railway stations for the same.

Siddheshwar Telugu, Chief PRO of Konkan Railway Corporation Limited, said in a press note here, "Honourable Minister for Railways Suresh Prabhu has taken an initiative to promote delicious Konkan cuisine on the Konkan Railway route for the delight of the passengers.”

He said that "These products are prepared by self-help groups associated with cottage industries. They are being sold through Konkan Meva stalls at railway stations on the Konkan Railway .”

Telug...

Paradip Port Trust logs 6% cargo growth 23 December 2015

Paradip Port Trust (PPT) has recorded 6.13% in its cargo throughput at 52.6 million tonnes (mt) during April-December (till December 18) as against 49.56 mt handled in the same period of last fiscal.

The cargo traffic handled by the port is the second highest among all major ports after Kandla port. The port also showed significant improved in efficiency parameters in this period, thereby reducing the logistics cost of cargo exported and imported through the port.

The average detention time for a ship at the port stood at 4.92 days in the period declining 25% from 6.58 days in the year-ago period. Also, the average ship-day productivity rose 14% from 17183 tonne t...

MP says: Develop Azhikkal port 23 December 2015

Richard Hay, MP, has informed that he has taken up in Parliament the matter concerning the proposal for developing the Azhikkal port here.

Hay said that the Azhikkal port has to be developed into a full-fledged seaport, considering the prospects for foreign trade and inland navigation possibilities.

Since the location is suitable for inland waterways, the goods transport cost can be made cheaper, he said adding that it would generate employment. He also stressed that the site is an ideal location for promoting tourism.

The MP said that he also raised in Parliament the demand for interlinking Canolly canal and Sultan Canal for developing inland waterways...

Gopalpur Port to start again operations after 2 years 23 December 2015

An official release said that Gopalpur Port, situated off Ganjam coast in south Odisha, resumed operations after a gap of two years when a cargo ship from Sri Lanka, Grace, with a shipment of around 20,000 tonnes of sand for Odisha Sands Complex (OSCOM), a unit of Indian Rare Earths Limited (IREL), anchored at the dock.

Sources said that more vessels are expected to soon anchor at the Port as it has resurrected itself as a storm-proof facility and is ready for the merchants of the world.

Manmohan Moharana, Director (Operations) of Gopalpur Port Limited (GPL), the promoter of the port, said, "Some more cargo vessels have lined up to anchor during the current m...

SCI adds Pipavav in ex-im leg to its SMILE service 23 December 2015

The Shipping Corporation of India (SCI), in its continuous efforts to facilitate shipping solutions for the Indian trade, has upgraded the ex-im port call on its SMILE service.

The SMILE service, which already has an established coastal market from Mundra and Pipavav to Cochin/Tuticorin, will now have a direct ex-im service from Pipavav to Jebel Ali, which will cater to the ex-im trade from Pipavav to the Gulf.

The ex-im call at Pipavav is in the interest of SCI’s valued customers, with the aim of providing an efficient and reliable service for coastal as well as ex-im cargo.

SCI will have a double dip at Pipavav to cater to the coastal and ex-im ...

LNG terminal coming up at Krishnapatnam port 23 December 2015

According to J. Murthy, the Managing Director, Visakhapatnam - LNG Bharat Private Limited is setting up a floating LNG terminal with a capacity of 5 million tonnes per annum (mtpa) at Krishnapatnam port in Nellore district and the public hearing for the project was conducted on Tuesday in the vicinity of the port.

He said in a statement on Tuesday that the company had taken 120 acres of land from the port and leased a berth for setting up the terminal and a pipeline would also be laid from Krishnapatnam to Ennore in Tamil Nadu, via Sullurupeta and Sri City.

He said that the total project cost, including the terminal and the pipeline, would be INR 1400 crores. He s...

Growth in cargo handling at Major Ports slows down in April-Nov 22 December 2015

Growth in cargo handling at the 12 Major Ports has slowed down, increasing by only 3.32% to 397 million tonnes (mt) in April-November as against 5.20% during April-November 2014.

Sources said that the major reason for the decrease in growth during this period was due to fall in iron ore volumes.

However, the volume of coal thermal and coking rose by 9.25%. Similarly, fertilizer, including finished and raw materials, also went up by 4.25%, and other cargo by 7.56%.

Mormugao Port registering the highest growth of 27%, followed by V.O. Chidambaranar by 18.80% and Kolkata Port by 14.53% during the period.

Though Major Ports registered a modest gr...

PPP project implementation at Major Ports has been slow: CAG 22 December 2015

The Comptroller and Auditor General of India (CAG) has said the public-private partnership (PPP) projects managed to add only 33% to total capacity at the Major Ports up to March 2014, which indicated that this mode was constrained due to the slow progress in the implementation of projects.

The CAG, in its latest report titled PPP Projects in Major Ports’, tabled in Parliament recently, said that the government-controlled ports managed to achieve only 79.80 million tonnes per annum (mtpa) capacity addition during 2010-12 as against the envisaged 315.23 mtpa.

"The PPP model was to ensure faster augmentation of infrastructure and better service quality fo...

Indo-Bangla cargo volume seen almost doubling to USD 10 bn by 2018 22 December 2015

Experts said that growth in Indo-Bangladesh cargo traffic could almost double to USD 10 billion by 2018 from USD 6.9 billion during 2014-15.

They added that the share of the east coast ports in the total cargo handling capacity of Indian ports was expected to increase from the current 35% to 40% over the next 4-5 years.

The east coast ports handled about 370 million tonnes (mt) of cargo in 2014-15 out of the total 1,051 mt handled by all ports in the country.

It may be recalled that the Prime Minister, Narendra Modi, had signed a pact with Bangladesh in June on coastal shipping for two-way trade through ports, and renewed the 1972 Protocol on Inland Wat...

Chennai Port defers container terminal project 21 December 2015

The Chennai Port Trust (ChPT) has put on hold a proposal to develop a mega container terminal at least for the next two years.

Several reasons have been attributed to the move, including poor response from the developers, low rate of revenue share offered by the bidders and heavy congestion at the port. Besides, Adani Ports and Special Economic Zone has already started developing container terminal at Kamarajar Port with 1.4 million TEUs capacity and acquired L&T Kattupalli Port with 1.2 million TEUs.

The priority is to salvage the Chennai Port, which is witnessing a slump in the total volume of cargo handled over the last three years, a senior company officia...

Paradip Port excels in cargo handling 21 December 2015

Paradip Port Trust (PPT), a major public sector port, claimed to have achieved cargo throughput of 52.60 million tons (MMT) as against 49.56 MMT handled till mid-December in the current financial year.

The cargo handling, a jump of 6.13% compared to corresponding period of previous year, ranked PPT at second position amongst all major ports.

Though the number of vessels handled in the port has been increased along with the quantity of cargo handled, the berth occupancy has been reduced from 76.46% to 68.21%. It was possible due to higher ship-day, according to PPT.

“While around 20 vessels were waiting in the anchorage for berth last year, the num...

Port projects worth 50,000 cr in pipeline 18 December 2015

The Centre has lined up 35 projects for the port sector under public-private-partnership (PPP), entailing investments of around INR 50,000 crore.

"We already have about 45 running projects, 35 projects are in pipeline with about INR 50,000 crore investment," Shipping Secretary Rajive Kumar said International Summit on 'Infrastructure Finance- Bridging the Gap' by Assocham here.

Kumar said that unlike power and highways, PPP projects in the ports sectors have seen comparatively fewer constraints related to equity and investments.

He said that "We were able to attract foreign players and therefore some of the constraints like equity...

CSL gets ready to build LNG ships 18 December 2015

Cochin Shipyard Limited (CSL) is one step closer to building LNG vessels, having received certification from GTT for an LNG carrier containment system — the first Indian yard to get it.

The licence will be officially given on December 21 at a function in New Delhi. GTT is a France-based engineering company that specialises in the design of membrane containment systems for the maritime transport and storage of LNG.

CSL Chairman and Managing Director Commodore (retd) K Subramaniam said that there are two proven gas containment systems for LNG carriers — the membrane technology from GTT, and spherical tanks from Norway-based Moss.

CSL had deput...

Visakhapatnam port takes up beach nourishment 18 December 2015

According to M.T Krishna Babu, the Chairman of Visakhapatnam port, the nourishment of the stretch of beach near Kursura Museum here is likely to be completed in 15 days.

He told reporters here on Thursday that the nourishment was being taken up through a pipeline from the dredger.

The work began 10 days ago and 1 lakh cubic meters of sand taken from the port sand trap had been pumped in and in the next 15 days it would pump another 1.5 lakh cubic meters of sand.

Nourishment was being taken up in December itself in view of the fact that International Fleet Review of the Indian Navy is scheduled to be conducted off the coast in February 2016 and the beach...

Gadkari wants LNG project hastened 17 December 2015

Union Minister for Road Transport, Highways and Shipping Nitin Gadkari on Tuesday asked New Mangalore Port Trust (NMPT) and Mangalore Refineries and Petrochemicals Limited, (MRPL) to fast track the Liquefied Natural Gas (LNG) project and commission it by June 2017.

Reviewing the progress of NMPT during his visit to Mangaluru, Gadkari said speedy completion of LNG terminal would help fertilizer plants. It would also reduce the cost of urea and the government subsidy on fertilizes, the Minister said.

A release from NMPT here said the Minister also asked the port to award the work for the mechanisation of coal handling facility by January next. Discussing the status ...

Growth in cargo handled at major ports slows 16 December 2015

Falling iron ore volumes has slowed the growth of cargo handled by the country's 12 major ports in the April-November period.

The cargo volume handled by the major ports, at 397 million tonnes (mt), rose 3.32% during the period over the year-ago period.

The cargo growth was 5.20%, at 384 mt, in April-November 2014. Kameswara Rao, leader, energy, utilities and mining, PwC-India, said Indian iron ore exporters have been hit as Australian mines have increased production despite lean demand, and selling cheaper ore.

He added that this has displaced less competitive producers. Domestic and global iron ore prices declined by 31-34% over the past year, mak...

Cochin Port Trust cuts jetty licence fee 15 December 2015

Cochin Port Trust (CPT) has slashed the annual licence fee for various types of jetties under its ownership even as it has directed jetty owners to be more responsible for ensuring the security of the country.

The port authority said in a recent circular that the jetty fees were being brought down bowing to a demand from the owners.

The Port Trust had earlier fixed annual licence fee at INR 1 lakh. The rate for jetties where only the boats belonging to the owners were moored was fixed at INR 1,297 per jetty plus the inspection fee of INR 546 per year.

The circular on the revised rates said that the owners would be responsible for the security of the jet...

Major Ports Cargo volumes increases 3.67 % during April - Oct 2015 15 December 2015

There has been increase in the handling of cargo at Major Ports in the Country during the last one year and the current year.

The cargo handled at Major Ports during 2014-15 was 581.34 Million Tonnes (MT) as against 555.49 mt handled during 2013-14, registering a growth of 4.65%.

In the Current Year from April to October, 2015, total traffic handled was 347.89 mt as against 335.57 mt handled in corresponding period of the last year, registering a growth of 3.67%.

The details of Operating Income and Operating Surplus, Port-wise, for the last year and current year upto September are as follows :

The total capacity of Major Ports and Non-Major P...

KoPT to ramp up transloading model for cargo growth 14 December 2015

After stabilising transloading model to improve cargo flow into the riverine port, Kolkata Port Trust (KoPT) will ramp up this activity that could result in cargo growth of 17% to 54 million tonnes (mt) in the current fiscal.

KoPT chairman RPS Kahlon said that "We are looking at cargo growth of 54 mt for 2015-16. Investment for transloading is being made by the PPP partner Jindal ITF worth INR 250 crore to procure more transloaders, tugs and daughter vessels which will strengthen handling capacity of cargo.”

In 2014-15, KoPT handled 46.29 mt with 12% cargo growth. KoPT aims at 5-6 mt of additional cargo initially, which could go up to 25 mt by 2020.

...

Gopalpur Port gets first cargo vessel 14 December 2015

The first cargo ship reached Gopalpur Port on Odisha coast on 9th December, after Phailin cyclone of October 2013.

GPL Executive Director Prasanna Kumar Panigrahy said this proposed all-weather port would be inaugurated with a single berth. Second berth would be operational in March 2016 and another berth would be added up in December 2016.

By December next year this port would be capable to handle Dead Weight Tonnage (DWT) of around 80,000 MT.

The berth which is ready for cargo handling is 225-metres-long.

On 9th December, cargo ship 'MV SH Grace' reached the port and anchored nearby. It would be brought to the only completed berth.<...

MPT plans to construct multi-cargo terminal 11 December 2015

The Mormugao Port Trust (MPT) is planning to go ahead with its multi-cargo terminal project worth Rs 1,150 crore with a state-of-the-art design for which a tender will be floated to invite bidders to undertake the project.

The proposed multi-cargo terminal of the MPT is expected to handle 25 metric tonnes of bulk and project cargo such as coal, fertilisers, iron and ore in the next 6-7 years.

The port presently handles 10 metric tonnes of such cargo. Authorities at the MPT have already floated tender inviting technical and commercial bids to carry out capital dredging of the approach channel, turning circle, berths 5, 6, 7 and approaches to allow capesize vessels ...

Govt approves INR 4,000 cr financial aid for Shipbuilding Industry under Make in India initiati 11 December 2015

An official said in statement, the Union Cabinet chaired by Prime Minister Narendra Modi has approved the proposal for introducing measures to encourage Shipbuilding and ship repair industry in India under the ambitious 'Make in India' programme.

The Cabinet approved a proposal for financial assistance of 20% for ships built in the Country in a bid to promote the Shipbuilding industry under the 'Make in India' initiative. The implementation of the policy, which would be in force for 10 years, requires a budgetary support of INR 4,000 crore.

The statement said that "It includes a policy for grant of financial assistance to shipyards, after deli...

Chennai Port seeking new cargo to compensate loss of coal traffic 11 December 2015

Chennai Port is looking for new cargo in order to boost throughput, which was impacted primarily after the ban on coal handling by the Madras High Court due to high levels of pollution.

In 2010-11, Chennai Port had handled 61.46 million tonnes (mt) of cargo, which fell sharply to 52.54 mt in 2014-15 after the High Court verdict.

Addressing a press meet here, M. A. Bhaskarachar, Chairman of Kamarajar Port, who also holds additional charge as Chairman of Chennai Port Trust (ChPT), said Chennai Port wants to handle more of granite blocks, edible oils, fertilisers and other types of cargo.

He said that "We need to find new cargo to compensate the loss ...

Visakhapatnam Port Trust to get land for logistics hub soon 09 December 2015

The Visakhapatnam Port Trust (VPT) is planning to undertake the detailed project report (DPR) of the mega logistics hub being planned in association with the AP government as soon as the district administration hands over possession of the land to the major port.

400 acres has been identified in Anakapalli for the project and the district administration is expected to hand over the land in the coming week.

However, the equity model between the state government and VPT is yet to be finalized, According to sources.

A senior VPT official said that "As soon as we take over the land, we will go for a DPR with a consultant agency. After the preparation o...

Coal stocks at key ports up by 2.4% to 12.57 mt 09 December 2015

Coal stocks at the country’s 17 key ports have risen by 2.4% week-on-week to 12.57 million tonnes (mt) as on December 4, 2015.

The stockpile of thermal coal went up by 1.7% to 10.29 mt from the previous level of 10.12 mt, while the stock of coking coal eased by 0.2% to 2.10 mt from 2.11 mt.

Paradip Port and Kandla Port led in the stocks of coking coal and thermal coal, respectively.

...

Govt. to ask private infra cos to participate in Chabahar port project in Iran 08 December 2015

For the construction of the proposed free trade zone (FTZ) around the Chabahar port in Iran, the government plans to ask leading private infrastructure companies to carry out the job, with the objective of attracting private investments in the first phase of the USD 31-billion project, sources said.

This could not be just a government-to-government project and participation of private companies was required, according to sources. Once the project is completed, it would enhance the operational capacity of the port to around 86 million tonnes (mt).

There is also a plan to build a railway line connecting the port with Afghanistan.

Meanwhile, the Ministry o...

Govt. plan to set up 30 water ports on the Ganga 08 December 2015

Government is setting up 30 water ports on the Ganga as inland waterways will be a “game- changer" for increasing exports and reducing cost of goods as well as passenger traffic, Union Minister Nitin Gadkari said recently.

"National highway is very important. But waterways are most important. In China 47% of goods and passenger traffic is on water. In Korea and Japan, 43 and 44% of goods and passenger traffic is on water. In European countries 40% of goods and passenger traffic is on water. In India, it is only 3.5%," he said.

The cost of travelling by water is substantially less compared to travelling by road or train, said the Minister.

...

Krishnapatnam Port lends a helping hand 08 December 2015

Krishnapatnam Port is dubbed as the biggest competitor of Chennai Port after most of the coal got diverted to that port in recent times.

Yet, when a natural calamity hit the Chennai shores last week, they were the first one to lend the helping hand. Krishnapatnam Port through CVR Foundation, a charitable trust, has been providing emergency assistance to the distressed citizens of Chennai through ‘Save Chennai’ Mission.

A special task force consisting of about 500 persons are employed in the ‘Save Chennai’ Mission to reach out to people in distress. As the volunteers were unfamiliar with logistics and affected areas, they turned to Tamil Nad...

Chief Minister seeks locals support for Bhavanapadu port project 08 December 2015

Chief Minister N. Chandrababu Naidu on Monday said the backward Srikakulam district would witness rapid economic growth only through the development of a sea port at Bhavanapadu.

The port would generate employment and economic opportunities and prevent migration of labour, he said.

He also urged locals to replicate the “sacrifices” of farmers who supported the government’s land-pooling scheme for building Amaravati. As part of the Telugu Desam Party’s Jana Chaitanya Yatra, the Chief Minister addressed a public meeting at Vajrapukotturu. Naidu tried to woo fishermen in favour of the Bhavanapadu port project, listing the benefits of the devel...

Maharashtra to unveil new policy for development of ports 07 December 2015

The Maharashtra Chief Minister, Devendra Fadnavis, has said that a comprehensive new policy for development of ports in the state would be unveiled soon, which would help the state further strengthen its position as a significant import and export hub of the country.

Speaking on the sidelines of a function here last week, he said that funding for the proposed project, requiring investment up to INR 50,000 crore, would not be a hurdle as the Union Shipping Minister Nitin Gadkari had assured funds.

With a 720kilometer (km) coastal stretch and human resources, Maharashtra could have ports every 100 km, he added.

Even the Prime Minister, Narendra Modi, had ...

Cyclone-hit Odisha Port to be operational soon 07 December 2015

The Gopalpur Port in Odisha which remained closed due to heavy damage caused by Cyclone Phailin that hit the State’s coast in 2013, will be operational from next week.

Chief Minister Naveen Patnaik is to rededicate the port to the nation on December 13, 2015.

He said the first consignment would be handled on December 13.

Manmohan Maharana, Director of the port said that the port is ready to handle cargo. The reconstruction of the 275 meter berth to unload and load cargo has already been completely.

The 1730-metre brake wall has also been repaired and permission for anchoring of cargo ship granted by Union Commerce Ministry.

T...

BJP demands probe into Gopalpur port delay 05 December 2015

A house committee of the Odisha Assembly should make an enquiry into the alleged irregularities and other reasons for the delay in start of cargo handling at proposed all-weather port at Gopalpur in Ganjam district of Odisha, demanded senior BJP leader and former Deputy Speaker Ram Chandra Panda.

Speaking to newsmen here on Friday, Panda said he has written to Chief Minister Naveen Patnaik and Central Minister for Shipping, Road Transport and Highways Nitin Gadkari regarding it.

Panda pointed out that long delay in transformation of the existing seasonal port at Gopalpur to an all weather port should be analyzed in comparison to the Gangavaram port that has come u...

SpiceJet to raise INR 5,000 cr in loans 04 December 2015

SpiceJet will raise up to INR 5,000 crore in loans, as it looks to expand its fleet.

In its annual report, the company said it wanted to create free reserves for up to INR 5,000 crore through loans by pledging its assets through various sources for business purposes. In March, the low-cost carrier placed an order for 42 Boeing 737 Max aircrafts, valuing the deal at up to USD 4.4 billion.

CFO Kiran Koteshwar had earlier said in July the company plans to place an order, which would be its biggest ever, by the end of this financial year, and would look to raise fresh equity or debt to pay for the planes. SpiceJet also said it could invest up to INR 100 crore for poss...

Downpour slows down operations at Chennai Port 04 December 2015

Operations at Chennai Port have slowed down over the past three days as a result of the massive downpour that has thrown life completely out of gear in the city and large parts of Tamil Nadu.

While the berthing of vessels has not completely stopped, the operations have been pretty slow due to the impact of the high tides, strong winds and the wet weather, sources said.

This has impacted both the general cargo as well as the container berths.

Vessel calls too have been fewer than normal, said a representative of a shipping services provider.

However, importantly, movement of cargo to and from the Port, including the CFSs, came to a complete st...

Mormugao Port registers 28% in cargo volume from April to Sep 2015 03 December 2015

Mormugao Port showed an upward trend in cargo handling during the current fiscal year.

The Port has handled 8.12 million tonnes (mt) of traffic during the current financial year (April – September 2015) as against 6.34 mt handles during the corresponding period of the last year, thus registering a growth of 28%.

Cargo traffic handled at the Port during the financial year from April 2015 to September 2015 includes 1.02 mt of Loaded cargo and 7.10 mt of Unloaded cargo. The major commodities comprised 5.33 mt of Coal/Coke, 0.50 mt of Liquid cargo.

0.49 million tonnes of H.R.Coils, 0.26 mt of Iron ore and Iron ore pettets, 0.50 mtof Lime stone and 1.0...

Gadkari says: Road, Highways & Shipping Ministry to add 2% to GDP 03 December 2015

The Minister of Road Transport, Highways and Shipping, Nitin Gadkari, has said his Ministry is expected to add 2% to the country’s Gross Domestic Product (GDP) in two years and create 50 lakh jobs in five years. 9

Speaking at the international construction equipment trade fair, Excon 2015 here, the Minister said, "We want to make this industry of international standards. We want to change our rules and regulations.

Gadkari added that "By training the manpower in India we can encourage employment potential. 

This is one of the targets of my Ministry and policy of our government.” An expert committee has been constituted by the ...

Hyundai vessel calls Krishnapatnam Port 03 December 2015

Hyundai Merchant Marine (HMM), the Korean conglomerate operating the Asia Chennai Service (ACS), made an ad hoc call at Krishnapatnam Port on November 26, 2015.

The ACS, which was launched in 2007, is a direct service ex Chennai to Port Klang, Singapore, Shanghai, Busan, Ulsan, Hong Kong and Yantian. MV Hyundai Vladivostok Voyage 602E, after sailing from Chennai on its eastbound route, called Krishnapatnam Port Container Terminal (KPCT) on November 26 and sailed the same day carrying 498 export-laden containers.

This direct service to South-East Asia and China will open up more eastbound traffic destinations for ex-im players in the Andhra Pradesh and Telangana hi...

Telangana plan to set up dry ports 03 December 2015

Official sources said that telangana is ready to set up dry ports in the landlocked state for which the state government has commissioned a feasibility study on identification of locations.

Once the feasibility study was completed, the findings would be submitted to the state government soon, E. Venkat Narasimha Reddy, Vice-Chairman and Managing Director of Telangana State Industrial Infrastructure Corporation Limited, said.

Sources said that the state government will also call for requests for proposal for the development of dry ports from suitable parties once the location of ports is finalized.

There has been a huge demand for dry ports in the state ...

Gadkari lays foundation stone for floating cargo handling facility 02 December 2015

The Union Minister for Road Transport, Highways and Shipping, Nitin Gadkari, on Tuesday laid the foundation stone for a proposed 2.55 million tonnes (mt) a year floating cargo handling facility at Haldia Dock Complex of Kolkata Port Trust (KoPT).

The port authority is setting up the dedicated reverine facility which will handle mini bulk carriers (with a capacity between 10,000 and 12,000 dead weight tonnes) and barges (for carrying coal). The proposed facility will be able to accept cargo from the deep draft unloading point (from large ships) at Sagar island.

The INR 74-crore project will include setting up a pontoon, a crane capable of unloading about 10,000 ton...

New CMD of Hindustan Shipyard to take charge in Jan 02 December 2015

According to a press release, rear-Admiral LV Sarat Babu will assume charge as the Chairman and Managing Director of Hindustan Shipyard Limited (HSL) in January.

Commodore Ashok Bhal, Director (Strategic Projects), will hold additional charge as CMD till then. Rear-Admiral NK Mishra retired as CMD on Monday.

During his tenure, Mishra could convince the Ministry of Defence to place high-value orders worth INR 25,000 crore with HSL.

He also signed a memorandum of understanding with Korea’s Hyundai Heavy Industries to introduce best practices in the shipyard.

The orders promised by the Defence Ministry include two strategic operations vehi...

JNPT revamps gate system to reduce congestion 01 December 2015

Jawaharlal Nehru Port Trust (JNPT) continues to revamp its gate systems in order to improve truck turn times and alleviate cargo delays at India’s biggest container gateway.

JNPT last week lifted a requirement seeking container seal checks by a federal security agency for cargo gated in and out of DP World-operated Nhava Sheva International Container Terminal.

“It has been decided to implement the request of DP World (NSICT) to stop checking and verifying details and seals of inbound and outbound containers by the security agency. Terminal productivity and efficiency was adversely affected due to this activity,” the port authority said in a trade...

Adani in race to build port at Bhavanapadu 01 December 2015

With growing thrust on ‘Look East’ policy, Adani Ports & SEZ Limited, part of USD 9.4 billion conglomerate with operations in coal trading, mining, oil and gas exploration, power generation and logistics, is keen on expanding its presence on the East Coast.

After acquiring Dhamra Port in Odisha and deciding to take over Katupalli port near Chennai, Adani Group has emerged as a strong contender for Greenfield port coming up at Bhavanapadu in neighbouring Srikakulam district.

Adani, which is on acquisition spree after setting its target to increase cargo handling volume from 127 million tonnes (mt) in 2013-14 to 200 mt by 2020, has submitted the Requ...

Mumbai to get a second port 01 December 2015

Yogayatan Group will lay the foundation stone of a port at Mankhurd on Friday.

This mid-size terminal will be the second port in Mumbai. A statement by the company said, the all-weather port will have access to multiple cargos and aims to support industrial development in the region.

The port will be located at a distance of 100 meters from the Vashi Creek railway bridge and 10 nautical miles from the Jawaharlal Nehru Port Trust (JNPT). The group has bought 10 acres of land for the port.

“The port will be operational in the next three months. With constant support from the Indian government, we will strive to expand operations of the port,” ...

KPL to sign deal with IOC for LNG terminal 01 December 2015

Kamarajar Port Limited (KPL) at Ennore here and Indian Oil Corporation (IOC) are likely to sign a concession agreement in February for a INR 5,150-crore LNG import terminal at the port.

The agreement is likely to be signed during the Maritime India Summit 2016, to be held in Mumbai.

KPL Chairman MA Bhaskarachar said that “We are in the process of finalising the draft concession agreement.”

The terminal, expected to become operational by early 2018, will have a capacity of 5 million tonnes per annum for storage and regasification.

IOC and KPL had signed a memorandum of understanding (MoU) to set up the terminal on March 1, 2014.

Chennai port woos non-coal traffic 01 December 2015

Chennai Port Trust (ChPT) has embarked on a ‘Mission Resurge Chennai Port – 2016’ initiative to revive the port’s cargo throughput, which has dwindled over the past few years due to the loss of coal traffic. In 2010-11, the port handled 61.46 million tonnes (MT), its highest.

This dropped to 52.54 MT in 2014-15 as the Madras High Court banned coal handling there because of high levels of pollution from the cargo.

MA Bhaskarachar, Chairman, Kamarajar Port, who is holding additional charge as Chairman of ChPT said that “We need to find new cargo to compensate the loss of coal traffic. We will be approaching all the major stakeholders, i...

Paradip Port aiming at 100 mt throughput 30 November 2015

Paradip Port plans to handle 100 million tonnes (mt) of cargo in the next two to three years, which would include new cargo, entailing an investment of INR 5,000 to INR 10,000 crore to modernise the Port and develop new facilities in order to meet world standards.

The capacity of the Port would be enhanced from 170 mt to 320 mt, including 150 mt at outer harbour, said M. T. Krishna Babu, Chairman of Paradip Port Trust (PPT).

Addressing the recent Port Day celebrations, the PPT chief highlighted that the Port had handled 71.01 mt in 2014-15, achieving second position amongst the Major Ports. 

He said that the target for 2015-16 has been set at 75 mt...

JSW Dharamtar Port gets nod to expand jetty facility in Raigad 30 November 2015

JSW Dharamtar Port has received green clearance for the expansion of its jetty facility with an investment of INR 1,550 crore at Dolvi village in Raigad district of Maharashtra.

JSW Dharamtar Port Limited (JSWDPL) is a special purpose vehicle created under the aegis of JSW Infrastructure Limited.

JSWDPL has proposed to expand the existing 331.5 metre jetty at village Dolvi in Raigad to 1,750 metres, which will increase the cargo handling from the current 9.69 million tonnes per annum (MTPA) to 33.95 mtpa.

A senior official said that “Based on the recommendations of the Expert Appraisal Committee (EAC), the Environment Ministry has given environmen...

Rise in cargo traffic through port 27 November 2015

Cargo movement through Kochi port has shown little improvement during the current financial year over the previous year.

Indian Ports Association figures show that cargo movement through Kochi increased 2.08% between April and October this year when compared to the same period last year.

However, Kochi has done better than Chennai, Visakhapatnam and New Mangalore ports where cargo throughput has come down during the period under consideration. Cargo throughput fell 3.76% in Visakhapatnam; 3.82% in Chennai and 8.76% in New Mangalore.

Among the ports where there has been an increase in throughput, Marmugao has shown an increase of 25.27%. Kolkata has show...

Cochin Shipyard to raise around INR 600-700 cr 26 November 2015

Cochin Shipyard reportedly plans to raise INR 600-700 crore to support its INR 2,500 crore investment in the ship repair facility and for a new dry dock.

The government had recently approved the sale of a 10% stake in Cochin Shipyard.

Commodore K. Subramaniam, Chairman and Managing Director of Cochin Shipyard, said the facility needs investment to enhance the ship repair facility and for a new dry dock.

"Our rough estimate is INR 2,500 crore for the two projects the proceeds from the IPO will be used for these,” he said.

...

PPT plans capex of INR 10,000 cr 26 November 2015

According to a company release, Paradip Port Trust (PPT) plans to invest around INR 10,000 crore to modernise and develop new facilities in order to enhance its capacity to 320 million tonnes (mt) from 170 mt.

MT Krishna Babu, Chairman, PPT said that the investment would also include adding 150 mt capacity at the outer harbour. Investment in dredging is required to increase the draught for movement of large vessels of size between 1.25 lakh Deadweight tonnage (DWT) and three lakh DWT.

PPT handled 71.01 mt in 2014-15 and for 2015-16 it is targeting 75 mt.

...

Jute from Bengal being brought to Kochi thru coastal shipping route 24 November 2015

After rice shipments from Andhra Pradesh, the coastal shipping route is now being used for the movement of jute from Bengal to Kerala.

The first vessel operated by Shreyas Shipping and Logistics has brought raw jute to Kochi Port and the cargo is meant for coir product exporters in Alappuzha. Shreyas has been operating regular services connecting Kolkata and Kochi ports moving both coastal and transhipment cargoes from the North-East to be shipped through ICTT at Vallarpadam.

Alappuzha, the coir hub of Kerala, has been manufacturing value-added coir products by blending jute and coir fibre. At present, the jute movement from Bengal is over 50,000 tonnes a year and...

Adani Kattupalli Port berths largest ship 24 November 2015

Kattupalli Port (operated and managed by Adani Kattupalli Port Private Limited) received M.V. Maersk Sebarokof Maersk Line’s main line CHX service on October 18, 2015. It was the largest ship to call at Kattupalli Port till date.

M.V. Maersk Sebarok Voy. 1535, with an LOA of 319 meters, called at Kattupalli Port to load exports for the Far East. Approximately 1,700 Twenty Foot Equivalent Unit (TEU) were exchanged on this voyage. On the occasion, officials of Kattupalli Port felicitated the Master of the ship and the Maersk Line India team and thanked them for their support and cooperation.

Kattupalli Port expects more such direct calls in the coming days as ...

Promoters of Essar Ports to buy back shares worth INR 1,047 cr. 23 November 2015

As part of the delisting process, the promoters of Essar Ports will buy back shares worth over INR 1,047 crore from public shareholders at a price of INR 133 apiece, it is learnt "The promoter has accepted the exit price as the final price for the Delisting Offer," the company said in a BSE filing.

It said that "The promoter shall acquire all equity shares tendered through valid bids at or below the exit price and, post completion of the acquisition, the shareholding of the promoter group shall be 93.29% of the total outstanding share capital of the company, which would exceed the minimal number of equity shares required for the delisting offer to be successfu...

Cochin Shipyard to set up ship repair facility and new dry dock 23 November 2015

Cochin Shipyard, which recently received Cabinet clearance for an initial public offering, is planning to raise INR 600-700 crore to support the company's INR 2,500 crore investment in the ship repair facility and a new dry dock.

The Government has approved the sale of a 10% stake in Cochin Shipyard to restart its disinvestment programme.

K Subramaniam, Chairman and Managing Director, Cochin Shipyard, said the company had initiated two key projects, investments in the ship repair facility and a new dry dock.

He said that “Our rough estimate is INR 2,500 crore for the two projects and the proceeds from the IPO will be used for these.”

...

Mormugao Port commences Barge-borne Iron Ore handling 23 November 2015

After a gap of 18 months, Mormugao Port, Goa, has commenced Barge borne iron ore traffic at the Mechanical Ore Handling Plant (MOHP) once again on Nov 20.

M/s Royalline Resources Limited will be stacking about 50,000 MT of iron ore for shipment by the month-end, according to the sources.

The first three barges carrying iron ore for export through Mormugao Port have reported to the Receiving Section of the Port’s MOHP on Nov 20 and the unloading operations have already commenced. More barges borne iron ore traffic is expected to continue on a regular basis at the Port in future.

The Port is also in all readiness to receive its first Cape size ship ...

VCT berths longest containership 23 November 2015

Visakha Container Terminal (VCT) has harbored the longest containership ever to call Visakhapatnam Port. M.V. Maersk Sebarok, of LOA 318 meters and beam of 40 meters, berthed at VCT on November 20, 2015. The ship has capacity to carry 6,648 containers.

At a brief function organised on board the vessel, the chief guest, P. L. Haranadh, IRTS, presented a silver salver to the Captain to mark the occasion.

He said this was the beginning of a new era at VCT, which is all geared up for further growth.

He congratulated the Marine Department of Visakhapatnam Port, the VCT management and the vessel staff for making the call a smooth affair.

Capt. S. S...

Longest container ships berths at Visakhapatnam Port 21 November 2015

The Visakhapatnam Port received the longest container vessels so far, the 318-m long MV Maersk Sebarok.

The container vessel berthed at the Visakha Container Terminal on Friday. The ship has a carrying capacity of 6648 containers.

The 292.2- m long M.V.Maersk Dalton, which called on VCT during November 02, 2010, was the longest vessel till date.

On the occasion, VCT organised a brief function on board the ship where VPT Deputy Chairman P.L. Haranadh handed over the silver salver to the Captain of the ship.

He said that “This is indeed beginning of a new era at VCT that is all geared for growth.”

He congratulated the Mar...

Govt. asking port firms to invest in Colombo project 20 November 2015

The Indian Government is keen to promote participation of companies like Adani Group, Tata, GVK and Larsen & Toubro, and public-sector ones, in the development of Colombo Port Expansion Project (CPEP) in Sri Lanka. Besides the private sector, Government-owned ports are also being encouraged to take up projects as part of a consortium with Sri Lankan entities.

India has been approached by both Sri Lanka and Bangladesh to build ports on their coastlines. Besides, John Keells Holdings, one of the largest private-sector companies in Sri Lanka, has sought the help of the Indian High Commission in Sri Lanka to identify a suitable strategic investor from India to partner in bid...

Cochin Port connects directly to Far East 20 November 2015

Cochin Port will now have a direct sailing to the Far East with the ‘Galex (GLX)’ service commencing its call on the Eastbound trip from November 20.

Galex is a premium Asia-Middle East shipping service connecting a string of major ports from Busan, Shanghai, Ningbo, Chiwan, Singapore, Port Klang, Colombo, Nhava Sheva, Mundra, Jebel Ali and Bandar Abbas. It had started calling Westbound at Cochin Port from July 2015, after Colombo.

The service, which was not touching Cochin in the return leg, will now be doing so. The first Eastbound call will reach Cochin on Friday, November 20, 2015. With this, Cochin Port offers direct sailing to Far East destinatio...

Freight rates drop on excess position of trucks 19 November 2015

Freight rates for nine-tonne pay load section for select destinations declined by INR 1,000 in the local truck transport market today following excess position of trucks against limited cargo movements.

Transporters said besides restricted cargo movements, comfortable position of trucks mainly led to fall in some of centres freight rates.

Delhi to Vijayawada, Bengaluru and Mysore freights dropped INR 1,000 each to INR 54,000, INR 61,000 and INR 63,000.

Puducherry and Kochi freight rates also fell by INR 1,000 each to INR 64,000 and INR 69,000.

...

Cochin port in the red 19 November 2015

Cochin port is heading for a major financial crisis, with the accumulated losses touching INR 478.77 crore.

The Centre has also slapped interest and penal interest on the financial aid of INR 258.14 crore it had extended to the port from time to time. The port is now required to pay to the Centre INR 263.53 crore as interest and INR 715.34 crore as penal interest.

The accumulated losses have been mounted on account of the below capacity operations at the Vallarpadam Container Terminal and the LNG terminal in Kochi.

The port has sought restructuring of the dues, envisaging containing the mandatory penal interest to INR 14.05 crore, and repayment of the r...

Cabinet approves IPO for Cochin Shipyard 19 November 2015

Government today approved initial public offer (IPO) for Cochin Shipyard to offload 10% stake in the country’s largest ship-building and repair facility under its control.

The decision was approved at a meeting of the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi. There will be 10% stake sale in Cochin Shipyard, Coal and Power Minister Piyush Goyal told reporters after the Cabinet meeting.

Cochin Shipyard’s turnover has increased 5-fold from INR 373 crore in 2005-06 to INR 1,859 crore in 2014-15. The net profit has more than doubled during the period from INR 94 crore to INR 235 crore.

...

Port of Virginia sees container throughput reach record high in October 18 November 2015

The US east coast port of Virginia handled a record 233,466 Twenty Foot Equivalent Unit (TEU) in October, an increase of 5.6% compared to the same month a year earlier.

Through the first 10 months of the year, the port's container throughput rose 8.5%, or 167,761 TEU, ahead of a year earlier. Virginia's higher volume comes as the port continues efforts to improve operational efficiency.

"We have to maintain this level of productivity as we begin to push for further improvements," Chief Executive Officer (CEO) John Reinhart was quoted as saying.

He said programmes under way, including a new north gate being built at Norfolk Internationa...

Essar Port promoters to acquire shares worth INR 1,047 cr 18 November 2015

Promoters of Essar Ports will acquire shares worth over INR 1,047 crore from public shareholders at a price of INR 133 apiece, as part of the delisting process. Post completion of the acquisition, the promoters will hold 93.29% equity in the company.

"In the RBP (reverse book-building process) 78,736,533 equity shares have been validly tendered at or below the exit price, which is higher than the minimum number of equity shares to be acquired in this delisting offer.

"The promoter shall acquire all equity shares tendered through valid bids at or below the exit price and post completion of the acquisition, the shareholding of the promoter group shall be 9...

Box throughput for major ports increases 1.92% during April to October 17 November 2015

Container throughput for Major Ports increases marginally by 1.92% from April till October given the steepest year-over-year monthly fall in exports since July 2009 in the absence of support as given in competing countries , said Mr. S.C. Ralhan, President, FIEO. Mr. S.C. Ralhan, while commenting on the Container throughput at major state-owned ports in the first 7 fiscal months, compared with the same period last year, stated that the 12 Major Ports cumulatively handled 4.76 million Twenty Foot Equivalent Unit (TEU) from April to October, up 1.92% from 4.67 million TEU a year earlier.

FIEO Chief stated that for JNPT and Chennai together account for roughly 80% of total cont...

Auto exports from Indian major ports decline 16 November 2015

Exports of cars from Indian major ports and particularly from Chennai and Kamarajar ports in Tamil Nadu declined during the April-September period, mirroring the negative growth reported by the manufacturing industry in the first six months of the financial year.

For the first half of the current year, India exported 2.67 lakh units according to Society of Indian Auto Manufacturers (SIAM), against 2.69 lakh units for last year.

Out of the 12 major ports in the country, six are in the east coast. Roll-on Roll-off vessels call at Chennai and Kamarajar ports, located in Tamil Nadu, regularly to carry automobiles such as cars, trucks, vans, bus, tractors and excavator...

Revamped Gopalpur Port gets ready to resume commercial operation 16 November 2015

The port authority said that Odisha’s Gopalpur Port, which had become inactive after cyclone Phailin hit the state’s southern coast in October 2013, incurring damages to the tune of INR 250 crore, is now revamped and ready to restart commercial operation.

M. M. Moharana, Director (Operations) of Gopalpur Port Limited, said, "We have communicated to the government that the port is now fit for commercial operation. We have also intimated the prospective users about reopening of the port shortly.”

It is expected that the first vessel may anchor at the revamped Gopalpur Port within a fortnight after the government gives its approval following th...

Coal imports at Major Ports up in April-Oct 16 November 2015

Major Ports handled 75.28 million tonnes (mt) of coal during April-October of the current fiscal (2015-16) as against 65.46 mt in the same period of 2014-15 amid government efforts to boost domestic output.

Of this volume, thermal coal imports increased by 18% to 55.90 mt in the first 7 months. During April-October 2014-15, these ports had handled 47.23 mt of thermal coal.

According to Indian Ports Association (IPA) data, import of coking coal, mainly used in steel-making, jumped 6.31% to 19.38 mt.

IPA said that Major Ports had handled 18.23 mt of coking coal in April-October 2014-15.

...

India & Bangladesh set to launch coastal shipping 16 November 2015

India and Bangladesh on Sunday signed the standard operating procedure (SOP) to launch the ‘Agreement on Coastal Shipping’, which is expected bring down the logistic costs of export-import cargo between the two countries.

A Shipping Ministry release said that the SOP has provisions that stipulate that the two neighbours shall render same treatment to the other country's vessels as it would have done to its national vessels used in international sea transportation.

The two sides have also agreed upon the use of vessels of River Sea Vessel (RSV) category for Indo-Bangladesh coastal shipping.

The two countries are also holding Shipping Secr...

Essar Ports to delist shares at INR 133 per share 14 November 2015

Essar Ports Limited has informed BSE that it will voluntarily delist its equity shares at INR 133 per share.

In a BSE filing, the company said, “The price discovered pursuant to tendering in the reverse book building process in terms of the delisting regulations is INR 133 per equity share (“exit price”). The promoter has accepted the exit price as the final price for the delisting offer.

The delisting is pursuant to the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009, as amended.

Last year, the Essar Group board approved delisting of Essar Shipping and Essar Ports from the bourses, citing lack of ...

SCI net jumps to INR 161 cr 14 November 2015

Shipping Corporation of India (SCI) today reported over eight—fold jump in net profit to INR 161.21 crore for the September quarter on change in calculation of depreciation.

SCI said, It had posted a net profit of INR 18.59 crore in the July— September quarter of the previous fiscal.

The total income from operations during the second quarter of the current fiscal was at INR 1,085.02 crore as against INR 1,092.97 crore in the year—ago period.

The total expenses declined to INR 917.35 crore in the quarter under review, as against INR 1,069.32 crore in the year—ago period.

“The company, while calculating the depreci...

JSW Jaigarh Port handles 1st container vessel 13 November 2015

The Maiden container vessel MV SSL Chennai called at JSW Jaigarh Port on 7th Nov 2015. It was the result of the last five years of hardship, opening the gateway for container movement in Kolhapur and peripheral sector.

JSW Jaigarh Port has recently taken steps for expansion by creation of additional stackyard equipped with modern Material Handling Systems.

JSW Jaigarh Port is also constructing additional berths with dedicated facilities for handling of containers.

JSW Jaigarh Port is operating a multi-commodity Greenfield all-weather Port at Jaigarh (160 kms. from Kolhapur) for the past seven years.

The port has been operating with 2 berths. ...

Mormugao port drops plan to deepen channel on annuity model 13 November 2015

Mormugao port has dropped a plan to deepen its channel to berth so-called capesize ships (the biggest of the dry bulk carriers) on a public-private-partnership (PPP) basis after the solitary price bid received in a public tender exceeded the budget.

The project to deepen the port’s outer channel to 19.8 meters and the inner channel to 19.5 meters and maintain the water depth at that level over the next 12 years was the first attempt by a port in India to implement dredging work on an annuity basis, a concept followed in the highways sector.

South West Port Limited, a unit of JSW Infrastructure Limited, quoted INR 1,640 crore for the contract, 17.56% more tha...

Adani to purchase Kattupalli Port 12 November 2015

Indian conglomerate Adani Group has signed an agreement in principle to acquire the Kattupalli Port in Tamil Nadu on the east coast of India from L&T Shipbuilding.

The port is of importance to the breakbulk sector due to its location near to some of India’s largest industrial zones in neighboring Chennai.

Adani will make the purchase via its subsidiary, Adani Kattupalli Port, a part of Adani Ports and Special Economic Zone. L&T Shipbuilding is a joint venture between Indian engineering firm Larsen & Toubro and the Tamil Nadu Industrial Development Corporations, or TIDCO.

Gautam Adani, chairman of the Adani Group said that “The Ka...

Major Ports receives 18% higher coal imports during April-October 2015 to 56 mt 12 November 2015

Thermal coal imports surged 18% at the country’s top 12 Major Ports to 55.90 million tonnes (mt) in the first seven months of the current fiscal amid Government efforts to boost domestic output.

These ports had handled 47.23 MT of coal during the April-October period of the last fiscal, 2014-15. Thermal coal is the mainstay of India’s energy programme as 70% of power generation is dependent on the dry fuel, while Coal Minister Piyush Goyal has been emphasising the need to increase the production by state-run Coal India.

Imports of coking coal, used mainly for steel-making, also jumped by 6.31% to 19.38 MT, as per the latest data with the Indian Ports A...

Adani to buy L&T port for INR 2,000 cr 10 November 2015

Adani Kattupalli Port, a subsidiary of Adani Ports, has entered into an in-principle agreement for acquisition of Kattupalli Port in Tamil Nadu from L&T Shipbuilding (L&TSB), a subsidiary of Larsen and Toubro.

While neither disclosed the acquisition cost, industry sources and people familiar with the deal have said the deal value was estimated at INR 2,000 crore.

Currently, L&TSB operates both the port and shipyard. The strategic sale is subject to approval from the Tamil Nadu government and the Centre and the port being demerged from L&TSB.

The process would take at least six months to get completed. Till that time Adani would have mana...

ICTT leads in container handling efficiency in South: DP World 10 November 2015

DP World, with a portfolio of more than 65 marine terminals across six continents, today claimed its Vallarpadam International Container Transshipment Terminal, Cochin, is ahead in Container Handling efficiency in south India with an average move of 30 Gross Crane rate per hour.

Jibu Kurien Itty, Chief Executive Officer (CEO), DP World Cochin said in a statement, the number of vessels calling in at ICTT has increased by 11% this year as compared to last year.

The company said with more and more vessels coming to Kochi, the connectivity which Kochi offers is by far one of the best in south India.

The statement said that "The export-import traffic fr...

JSW Jaigarh Port handles 1st container ship 10 November 2015

JSW Jaigarh Port achieved another landmark when it handled its maiden container vessel, MV SSL Chennai, which called at the port on November 7, 2015.

It was the result of five years of hardship, opening the gateway for container movement in Kolhapur and the peripheral sector, stressed a release.

The neighbouring regions like Ratnagiri, Chiplun-Mahad, Kolhapur, Satara, Sangli, Solapur and Belgaum are a major industrial base for foundry, textiles, seafood, agro commodities, etc.

The entire trade is presently operating from JNPT. With the facility available next door at Jaigarh Port (near Ratnagiri), the distance has drastically reduced by 200 kilometer (k...

DP World Operator Training Centre at Mundra goes global 09 November 2015

The Operator Training Centre (OTC) at Mundra International Container Terminal (MICT) has trained its first batch of international employees from DP World Kazakhstan.

A team of ten RST Operators, Yard Supervisors, Gate Operators and Planners took part in an extensive programme in an interactive classroom setting with Practical Crane Simulator training and Field Observation sessions.

The OTC has been producing skilled operators across DP World terminals in India. It specialises in operations training, in Rubber Tyre Gantry Crane and Quay Crane operations, said a release.

"We have played a key role in enabling India’s growing trade for over a de...

Mormugao Port Trust invites tender for capital dredging 09 November 2015

The Engineering (civil) Department of Mormugao Port Trust (MPT) has invited tenders (CE/71/2015) for undertaking capital dredging of the approach channel, turning circle at berths 5, 6 and 7, and the approaches for Capesize ships.

The sale of tender would be from November 6, 2015 to November 30, 2015, and the pre-bid meeting would be held on November 17 at 2.30 pm.

Submission of the tender has to be done on December 1, 2015 before 3 pm, and it will be opened the same day at 3.30 pm, MPT said in a notice.

...

New Mangalore Port Trust invites EoI to develop fertilizer berths 09 November 2015

New Mangalore Port Trust (NMPT) intends to develop berths 3 and 4 as mechanized fertilizer handling facilities.

This also includes the development of silo storage space and bagging facilities, NMPT said in a tender notice.

For this purpose, it has invited Expression of Interest (EoI) from domestic and global parties. Details of the project are available on the Port Trust’s website.

...

PPT handles 42.50 mt cargo till October 31 07 November 2015

A source said, Paradip Port Trust (PPT) handled 42.50 million tonnes (mt) of cargo till October 31 this fiscal as compared to 40.27 mt during the corresponding period last year.

"This is an increase of 5.54% over the traffic handled during corresponding period of previous year," an official source said.

The port handled 6.44 mt of cargo during October 2015 as compared to 5.92 mt during the corresponding month of the previous year, showing a growth of 8.64%, the source said.

During the month, 2.45 mt of cargo was loaded while 3.91 mt was unloaded in the port. In the current fiscal upto October 2015, thermal coal traffic has exhibited a growth o...

Container operations set to begin at Kakinada port from Nov 15 07 November 2015

The Kakinada container terminal is all set to commence operations from November 15 at the deep water port.

The announcement was made at a formal launch function here on Thursday night by the terminal authorities. The Kakinada container terminal has been set up by a joint venture comprising Bothra Shipping Services Private Limited of Visakhapatnam, the Singapore-based PSA group, and Kakinada Infrastructure Holdings Private Limited.

Orient Express Lines (OEL) will launch feeder services with a capacity of 1,100 TEU on the Chittagong-Kakinada-Colombo route and the Haldia-Kakinada-Singapore route.

This is the third container terminal in the State after Visa...

KCT to launch commercial operations on Nov. 15 06 November 2015

The Kakinada Container Terminal (KCT) on Thursday announced the launching of commercial operations and introduction a feeder service connecting the transhipment hubs of Colombo and Singapore from November 15.

KCT, a joint venture set up by PSA Chennai Investments Private Limited, Bothra Shipping Services Private Limited, and Kakinada Infrastructure Holdings Priviate Limited with equal shareholding for developing and operating handling facilities in two existing berths, held a traders’ meet here to make the announcement.

Orient Express Lines (OEL) will launch feeder service with a capacity of 1,100 twenty-foot equivalent units (TEU) on Chittagong-Kakinada-Col...

Paradip Port soon to handle 300 mt of coal 04 November 2015

Shipping Minister Nitin Gakari said, Paradip and ports in the vicinity are expected to handle nearly 300 million tonnes (mt) of coal annually soon when Mahanadi coalfield in Talcher Odisha completes its expansion project.

The Minister said the Indian Port Railway Corporation of the Shipping Ministry is implementing INR 4000 crore project to link Talcher with Paradip Port under the port connectivity project. The Corporation was floated by the Shipping Ministry recently to undertake exclusively port connectivity projects in all Major Ports of the Country.

He said the coal meant for thermal plants in numerous states both in the east and west coast will be handled and...

Vallarpadam terminal on growth path 04 November 2015

The export-import traffic through the International Container Transshipment Terminal (ICTT) at Vallarpadam in Kochi has seen a steep rise in the past couple of months, says DP World, which operates the facility.

DP World Cochin said in a statement, this has put ICTT on a growth trajectory.

It also said ICTT had shown steady positive growth for the past seven consecutive months. It had handled 51 ships in August, 52 in September and 58 in October.

There was a 16% increase in volume year-on-year and an improved month-on-month throughput for the last 7 months.

The ICTT now had container handling efficiency of an average move of 30 gross crane ra...

Dhamra Port to get non-government Railways status 03 November 2015

The Adani Group-operated Dhamra Port Company Limited (DPCL) in Odisha will soon get the status of 'Non-Government Railways', the second such private company in the country.

A DPCL release said that DPCL, a wholly-owned subsidiary of Adani Ports and Special Economic Limited (APSEZ), signed a commercial agreement with the Ministry of Railways at its East Coast Railway Headquarters yesterday. The agreement accords the status of Non-Government Railways (NGR) to DPCL under the Indian Railway Act, 1989.

This was the first of its kind NGR status granted in the state of Odisha and only the second one in India.

Non-Government Railway Policy promulgated b...

NMPT to launch priority berthing facility 03 November 2015

The port has allowed priority berthing facility for coastal cargo ships (ships which sail from one port to another port within the country), said Chairman of New Mangalore Port Trust (NMPT) P.C. Parida. A berth has been earmarked for the purpose.

With this, the ships carrying coastal cargo need not wait at the port for the berth, he said. Addressing the members of Kanara Chamber of Commerce and Industry (KCCI), he said that the port has provided several other facilities to promote coastal shipping of cargo.

Highlighting one of the recent initiatives he said the port has introduced Ro-Ro (roll-on roll-off) service between Mangaluru and Hazira port. In Ro-Ro, the lo...

APSEZ consolidated Q2 net up 16% 03 November 2015

Adani Ports and Special Economic Zone Limited (APSEZ) on Monday reported consolidated net profit of INR 667 crore for the second quarter ended September 2015, up 16% from INR 574 crore reported in the same period last year.

The company posted consolidated income of INR 1,986 crore, with an increase of 6% from INR 1,868 crore in the corresponding quarter a year ago.

For the first half period of the fiscal, April-September, APSEZ net profit stood at INR 1,308 crore, up 15% from INR 1,142 crore in the same period last year.

Total consolidated income for the half year was INR 3,883 crore, up 18% from INR 3,301 crore in the same period last year.

...

VPT to generate 10 MW solar power 02 November 2015

The Visakhapatnam Port Trust (VPT) is the first among the major ports in the country to take up a solar power plant and the 10-MW solar power project is likely to be commissioned by March 2016.

The port issued a letter of intent to Jakson Engineer Limited of Noida on Saturday.

The company would be establishing solar panels to generate 2 MW by January 15 and the rest of 8 MW by March 20, 2016. The company was also entrusted with the AMC for seven years.

The total cost of the project is INR 60 crore. The solar panels are being set up over 50 acres of port land adjacent to the runway, where no construction is allowed.

The site was identified by ...

KoPT engages JU to monetise land bank 31 October 2015

The Kolkata Port Trust (KoPT) has engaged Jadavpur University to provide a land use plan which will lay a roadmap to monetise its land bank designed to help the port to earn about INR 1,000 crore on a conservative estimate.

"We have already engaged Jadavpur University for a land use plan and it is supposed to submit it by the end of this month," KoPT chairman R P S Kahlon said here today on the sidelines of a Bharat Chamber of Commerce interactive session.

He said that after evaluation it would be forwarded to the Shipping Ministry. The ministry is supposed to formulate a policy on land use for ports of Mumbai, Khandla and Kolkata that will pave way for ...

Aegis Logistics allotted 3 acres land at Mangalore port 31 October 2015

Aegis Logistics today said it has been allotted 3 acres land at Mangalore Port to build a storage terminal.

The company said in a statement, "The land is allotted on a lease for a period of 30 years by New Mangalore Port Trust. New Mangalore port ranks 3rd, in terms of POL traffic handled among Major Ports of India. In FY15 New Mangalore port catered 12% of POL traffic handled by Major Ports.”

With this allocation, Aegis Logistics will expand its presence to six ports in India - Mumbai, Pipavav, Kandla, Kochi, Haldia, and New Mangalore -- it said adding, these ports together manage 70% of POL Traffic handled by the major ports in India.

"...

Mormugao Port Trust floats tender for redeveloping berths 30 October 2015

Mormugao Port Trust (MPT) plans to redevelop its berths 8 and 9 and barge berths as multicargo, Capesize (1,050 m length) berths on Design, Build, Finance, Operate, Transfer (DBFOT) basis for 30 years.

Towards this end, the Civil Engineering Department of the Port has floated a tender (CE/68/2015) whose sale is commencing on Friday, October 30, 2015.

The pre-bid conference is scheduled for November 25, 2015 and the due date for application is December 10, 2015, the Chief Engineer of MPT said in a notice.

Further details on the project are available on the Port website.

...

Gujarat Pipavav Port profit plunges to INR 53 cr in Q2 30 October 2015

Guujarat Pipavav Port has posted a 40.6% decline in its standalone net profit at INR 53.10 crore for the second quarter ended September 30, on the back of lower sales and higher expenses.

The company’s net profit in the corresponding period was INR 89.52 crore, Gujarat Pipavav Port Limited said in a regulatory filing today.

The company’s net sales during the quarter declined to INR 140.42 crore from INR 157.15 crore in the year—ago period. The total expenses of the company increased to INR 95.42 crore as against INR 90.58 crore in the corresponding period.

...

Shipping Ministry keen to encourage Coastal Shipping to reduce Logistics costs 29 October 2015

The Government has relaxed a law allowing only Indian ships to be hired for carrying cargo within the Country’s ports, in special categories where the local players do not have a presence.

The so-called Cabotage law protects Indian shipping companies firms from the big international players. But the Indian fleet owners do not operate in the categories that have been opened up, such as roll-on, roll-off in movement of passengers, cars and trucks; and LNG ships. The Shipping Ministry is keen to encourage Coastal Shipping to reduce the logistics cost and also bring down the Country’s carbon footprint.

The new rule, notified on September 2, says that the p...

New cargo vessels service between Mundra & Kollam Ports 29 October 2015

Formalities have been completed by the Ports Department to operate a regular container ship service between the Mundra port in Gujarat and the Kollam port, touching Beypore and Azheekal.

An agreement in this connection will be signed with a private shipping company based in Goa soon after the local body elections.

Sources in the department said on Wednesday that in all probability, the service would commence in December. This enables the vessel to anchor at ports that are not equipped with container cranes to load or offload containers.

Operating the ship will be the responsibility of the private company, but the government will provide incentives to th...

JN Port shippers gain from inter-terminal trucking 29 October 2015

Jawaharlal Nehru Port Trust (JNPT), said the introduction of inter-terminal truck transfer procedures aimed at easing gate congestion have produced significant productivity gains for terminals, drayage companies and the trade in general.

JNPT said in a trade advisory, “Since the commencement of inter-terminal transfers, more than 100,000 trucks have exchanged between the terminals while carrying out 128,106 transactions at the gates, reducing congestion on the roads connecting port terminals.”

The inter-terminal process allows truckers to drop off laden export containers at one terminal and pick up import units from the other neighboring facility, requ...

DCI will begin work on Dredging harbour in 6 months 28 October 2015

Dredging Corporation of India (DCI) is going to set up a Dredging Harbour at Antarvedi in East Godavari district.

A group of Senior Officials from the DCI inspected the proposed site at Antarvedi along with the local officials and elected representatives.

With the officials expressing willingness to allocate 200 acres of Government land for the project, decks seems to be cleared for the construction of the dredging harbour, the first of its kind in the Country and third in the world. In all likelihood, works pertaining to the project will be commenced within six months from now.

The INR 1,800-crore dredging harbour-cum-training centre can take care of t...

TAMP meet on cargo rate hike on Tuesday 27 October 2015

The joint hearing of Tariff Authority for Major Ports (TAMP) to be held at Kochi on Tuesday (Oct 27) on increasing the scale of rates is likely to be a stormy one.

The shipping fraternity has opposed the move, saying it would make Kochi one of the costliest ports in the country, with existing rates already being on the higher side.

At a time when the port is making efforts to attract both cargo as well as ships, sources in the fraternity said that the proposal to enhance the rates of various cargoes would send negative signals to the international shipping community and would make the services offered in Kochi uncompetitive.

It is pointed out that the p...

Cutter suction dredger at Azhikkal port 24 October 2015

Work on assembling the new cutter suction dredger bought by the Ports Department to remove silt from the Azhikkal port here is expected to be completed by November first week. 

Port officials here said the INR 20-crore dredger bought for increasing the depth of the port basin for the entry of bigger cargo ships in the port was launched into water at the port on October 21.

The assembling work has been under way at the port for the past two weeks, they said adding the actual dredging works will start after appointment of additional manpower.

Port Officer Ajinesh Madangara said that the cutter suction dredger can increase the depth of the basin and c...

Kandla Port opens revenue collection centre at Gandhidham 23 October 2015

Kandla Port, number one in traffic and number two in profit making among the Country’s Major Port, owes these achievements to its dedicated Port users.

Known for its highly personalised services for ages it ensures to provide additional services on a regular basis.

The Port is situated around 14 kilometer (km) from its headquarters at Gandhidham which is a port-dependent township where only banks and the Port users’ offices are located.

Keeping this in mind, the Port Trust this month has set up its second revenue collection centre at the Port’s Administrative building. Sources said that the much-needed Gandhidham centre is a brain-chil...

Cabinet approves India-Egypt maritime agreement 23 October 2015

The Cabinet on Wednesday approved the signing of an agreement between India and Egypt on maritime transport in order to strengthen bilateral cooperation in terms of stimulating maritime traffic, information exchange and enhancing commercial flows and training.

An official said in a statement, “Recognising the significant mutual benefit that can be derived from-cooperation in the area of shipping between the two countries, it has been decided to sign the agreement with a view to strengthening cooperation and to render sustained mutual assistance and advice on merchant shipping and other related maritime matters.”

The Cabinet also approved the signing of...

NMPT to launch Ro-Ro coastal shipping service between Mangaluru and Hazira 23 October 2015

New Mangalore Port Trust (NMPT) has introduced Ro-Ro (roll-on roll-off) service between Mangaluru and Hazira.

In Ro-Ro, the loaded trucks are driven into the vessel, and are driven out from the vessel once they reach the destination.

The pure car and truck carrier – m.v. Maria India - a 160-metre-long Ro-Ro ship with a capacity to carry up to 150 loaded trucks and 210 cars called at the port and started its operation on Tuesday.

A press release by NMPT said here on Wednesday that with this service NMPT became the first port to introduce Ro-Ro service, via sea, in India.

It said that the ship will be operating between Mangaluru and Hazir...

Major ports handle 300 mt in first half 21 October 2015

Major ports in the country handled close to 300 million tonnes (mt) of cargo in the first six months of the current financial year against 288 mt for the corresponding period in 2014.

The 299.58 mt handled in the period is against the Shipping Ministry’s annual target of 695 mt for 2015-16. In 2014-15, the ports handled 581 mt.

Kandla Port occupied the top slot by handling 50 mt in the six-month period against 46 mt a year earlier.

The second and third slots were held by Paradip (36 mt) and JNPT (32 mt). Mumbai (31 mt), Visakhapatnam (28 mt) and Chennai (26 mt) rounded off the top 6 ports.

However, in percentage terms, Mormugao, Kolkata...

Aegis Logistics allotted 3 acres land at Mangalore port 20 October 2015

Aegis Logistics today said it has been alloted three acres land at Mangalore Port to build a storage terminal.

The company said in a statement, "The land is allotted on a lease for a period of 30 years by New Mangalore Port Trust. New Mangalore port ranks 3rd, in terms of POL traffic handled among Major Ports of India.

In FY15 New Mangalore port catered 12% of POL traffic handled by Major Ports.”

With this allocation, Aegis Logistics will expand its presence to six ports in India - Mumbai, Pipavav, Kandla, Kochi, Haldia, and New Mangalore -- it said adding, these ports together manage 70% of POL Traffic handled by the major ports in India.

KPL plans to construct one more RORO Terminal 20 October 2015

Kamarajar Port Limited (KPL), Country’s only Major Corporate port located near Chennai, has decided to construct one more RORO Terminal.

The decision of construction of one more RORO Berth was taken at the recently held Annual General Meeting and Board Meeting, according to official sources.

The proposed terminal is adjacent to the existing terminal with berth length of 330 m for accommodating biggest car carrier vessel and parking space of one-lakh sqm for 7000 cars parking with appurtenant facilities like utilities, lighting, utility building, dedicated road etc. The project cost is INR 320 crores and it is also proposed to commence the construction by Apr...

Kattupalli Port gets maiden ship call of Wan Hai Lines 20 October 2015

Kattupalli Port has attracted another major Far East carrier, with the maiden vessel call of Wan Hai Lines on October 16, 2015.

M.V. Wan Hai 508 Voy. 92, with an LOA of 270 metres, called at Kattupalli Port to load exports for South-East Asia. More than 50% of the exports loaded were reefers, which is a testimony to reefer exporters being happy with Kattupalli Port’s world class infrastructure and facilities.

On the occasion, Kattupalli Port officials felicitated the Master of M.V. Wan Hai 508 Voy. 92 along with senior members of Wan Hai India, and thanked them for making this most modern gateway terminal on the east coast of India a port of their choice.

Gopalpur port likely to restart operations next month 20 October 2015

Gopalpur port on Odisha’s southern coast, which was closed for two years, plans to restart operations from next month.

The last vessel to anchor at the port was in October 2013. Operations stopped after the Phailin cyclone hit the state’s southern coast later in the same month. A year later, the port was hit again by another cyclonic storm, Hudhud. Battered, several portions of the port, including its breakwater, were damaged.

According to sources, repair work is expected to be completed by the end of this month.

The port proposes to further enhance its cargo handling capacity from 3.5 million tonnes (mt) annually to five mt.

...

Slowdown in global shipping likely to benefit Private Container yards 19 October 2015

The slowdown in global shipping appears to be a blessing in disguise for private container yards in India.

Container owners, mainly large shipping lines, are seeking space to park their empty containers, which are idling because of lack of cargo. Interestingly, earlier private container yard owners had to offer discounts to shipping lines to keep empties in their yards.

Now, the situation is vice versa with shipping lines approaching container yards for space. Prakash Iyer, former President of the Cochin Steamer Agents’ Association, said that slowdown in exports from China has impacted container markets worldwide and this has forced container shipping operat...

Varghese Cherian takes charge as CEO of Kottayam Port 19 October 2015

Varghese K. Cherian has taken charge as Chief Executive Officer (CEO) of Kottayam Port, Kerala with effect from October 5, 2015. He replaces Managing Director Wilson Jacob.

Cherian has 21 years of experience in the field of shipping/logistics in India and abroad.

...

HPCL delivers record fuel to bulk ship off Cochin Port 19 October 2015

The state-owned Hindustan Petroleum Corporation Limited (HPCL) has said it successfully delivered over 3,400 tonnes of fuel to a bulk vessel at the outer anchorage off Cochin Port, which is one of the largest deals recorded in the country for bunkering along the outer channel, surpassing the earlier record of 1,800 tonnes.

The supply was made to a Capesize bulk vessel MV Borneo on its way from Mundra to Rotterdam, according to Port officials.

Cochin Port is fast becoming a leading bunkering hub for supplying fuel to ships as it has been receiving encouraging response from vessel operators worldwide for bunker sales, with the figure crossing 90,000 tonnes in the la...

Visakhapatnam Port Trust mulls temporary steps to check beach erosion 17 October 2015

The Visakhapatnam Port Trust (VPT) would launch temporary work to control beach erosion during December, its Chairman M.T. Krishna Babu said on Friday.

Krishna Babu said, VPT would pump 2.5 lakh cubic meters of sand into the beach through pipes since the rainbow method adopted earlier did not give the required results.

It would cost INR 10 crore and the beaches could be restored in full measure in time for the International Fleet Review to be held during February next.

He also suggested the Gangavaram Port to take up temporary measures as it had the capacity to pump two lakh cubic meters of sand.

Permanent measures would be taken up with Worl...

VOC Port to have Indiaís first Container Digital Exchange 16 October 2015

Kale Logistics has announced that it has signed a Memorandum of Understanding (MoU) with Tuticorin CFS Association (TCFSA) to deliver India’s first Container Digital Exchange (CODEX), which will automate the container movement at Tuticorin Port and reduce the container dwell times considerably.

As per the MoU, TCFSA and Kale Logistics have agreed to cooperate with a view to provide a Digital Community platform to enable effective management of cargo information and documentation flows such that it eliminates/reduces manual paperwork considerably.

This move promises to improve and contribute to the seamless movement of ex-im containers in and out of the VOC (...

KoPT plans land use policy 16 October 2015

Kolkata Port Trust (KoPT) is formulating a land use policy. Jadavpur University has been asked to prepare the study on the vast land along the banks of Hooghly River.

RPS Kahlon, Chairman of the KPT, said on Thursday at a Bharat Chamber of Commerce organised meeting that the Jadavpur University was expected submit the study report this month.

The land use policy could be based on the recommendations given by the study report.

“We are open to using land for commercial and industrial purposes as well as for beautification of the riverfront on both the banks of Hooghly. Such projects could be cross-subsidised”, he suggested.

KPT has ...

NMPT tell cashew traders to use new port facilities 15 October 2015

The New Mangalore Port Trust (NMPT) authority has urged cashew importers and exporters to make optimum use of advanced facilities being provided at the port to enhance its trade activities.

Speaking at an interactive trade meet with traders at NMPT, deputy chairman Suresh Shirwadkar said that there had been a steady growth in handling of raw cashew and cashew kernels at the port.

He urged the traders to make optimum use of the facilities available, saying that the frequency of container vessels calling on NMPT had increased to one vessel in every four days because there were more feeders making calls.

There had been considerable growth in container traf...

Paradeep Port handles highest coal volume 15 October 2015

Paradeep Port Trust (PPT) has handled the highest coal traffic among all major ports in the April-August period.

The port logged thermal coal traffic of 12.5 million tonne (mt) in the period under review, 13.07% higher than 11.09 mt in the same period of the previous fiscal. The port's coking coal traffic also went up marginally from 3.65 mt to 3.66 mt.

Thermal coal traffic handled by other ports in the eastern sector like Visakhapatnam (1.2 mt) and Kolkata (0.75 mt) was much lower. Ennore Port saw a decline in its thermal coal traffic to 9.79 mt from 10.62 mt, fall of 7.81%, said data by the Indian Ports Association.

PPT logged an increase of 7.12%...

KPT opens revenue collection centre in Gandhidham 15 October 2015

Kandla Port Trust (KPT) has started a revenue collection centre at the AO Building, Gandhidham for the benefit of Port users, who will now be able to deposit the Port charges here in addition to Kandla.

The collection centre was inaugurated by Alok Singh, IRS, Deputy Chairman of KPT, in the presence of prominent Port users, heads of Port user associations, the Labour Trustee Mohan Aswani, Heads of Department of the Port, and senior Port officers and employees.

In his keynote address, D. N. Sondhi, KPT’s FA & CAO, stressed that Kandla Port was very proactive to the needs of its users and endeavoured to provide more and more facilities to the trade.

<...

CSL eyes Kandla to set up shipbuilding facility 14 October 2015

Cochin Shipyard Limited (CSL) is keenly awaiting the outcome of a techno-economic feasibility study to gauge if it is viable to set up a shipbuilding and repair facility at Tuna at Kandla Port in Gujarat.

The idea, the seeds of which were sown by Shipping Minister Nitin Gadkari during one of his visits to the yard, is being perused ‘seriously’ by the yard, according to sources.

The consultant engaged to carry out the study is expected to furnish its report by the end of the year and follow-up action, in the event of a positive report, will be undertaken immediately thereafter.

The CSL had earlier examined the feasibility of setting up off-ca...

HC directs KoPT to inspect Hyde Road land 14 October 2015

Calcutta High Court (HC), on Tuesday, directed S K Dhar, estate manager-in-charge of Kolkata Port Trust (KoPT) to visit the premises at P-51 on Hyde Road Extension and ascertain the size of the plot, the built-up area and identity of those who are in possession of it.

Dhar will be accompanied by the second officer of Taratala police station, Justice Dipankar Datta directed. He also directed Shree Venkatesh Films Private Limited (SVF), which claims to be in possession of the plot, to provide all assistance.

The plot belongs to KoPT and was leased out to Avery India Limited. The lease expired on January 23 1999 and KoPT refused to renew it. When Avery refused to vac...

Major Ports increase share in fertilizer handling 13 October 2015

The market share of Major Ports in handling fertilizers has witnessed an upsurge after a period of 6 years. In FY 2008-09, the share was 67.30%, which declined over the next few years.

It was the lowest in FY 2013-14 at 25.38%. The turnaround came in FY 2014-15 when the market share of Major Ports in handling fertilizers rose to 26.93%.

It is now seeing a further boost in FY 2015-16 (till September), with the share going up by 4.67% to 31.06%.

This increase has been attributed to the improved productivity and efficiency of Major Ports, faster turnaround times, and the policy changes brought about by the Ministry of Chemicals and Fertilizers with regard ...

APSEZ & L&T in MoU to manage Kattupalli port operations 12 October 2015

Adani Ports and Special Economic Zone (APSEZ) has said in a filing to the Bombay Stock Exchange (BSE) that it has entered into an agreement with Larsen and Toubro (L&T) to oversee operations of the latter’s Kattupalli port in Tamil Nadu.

"The company has entered into a non-binding Memorandum of Understanding (MoU) with L&T Shipbuilding Limited (L&T) for evaluating the operations of the port at Kattupalli, Tamil Nadu, with effect from October 1, 2015 for a period of one month.”

While the definitive agreements would be entered into later, all non-operating revenues and expenses will be to L&T’s account, it said.

It a...

Prime Minister says: New JNPT terminal will be a boost for economy 12 October 2015

Prime Minister Narendra Modi said, the 21st century will be dominated by space exploration and ocean transport and the country needs to leverage its strengths in these areas.

He was addressing a rally after inaugurating the two metro rail corridors for Mumbai city.

The two elevated metro corridors will connect the suburban areas of Dahisar East with Andheri East (16.50 km) and Dahisar East with DN Nagar (18.60 km).

Earlier in the day, the Prime Minister laid the foundation stone for the INR 7,900-crore fourth container terminal at Jawaharlal Nehru Port Trust (JNPT), the largest container port in India.

Modi said that in any advanced economies...

Kochi Port emerging bunkering hub for fuel supply to ocean going vessels 10 October 2015

Kochi Port is fast emerging as a leading bunkering hub for supply of fuel to ocean going ships, with HPCL successfully delivering over 3,400 tonnes to a bulk ship at the outer anchorage off the port.

This is one of the largest deals recorded in India for bunkering along the outer channel; the earlier record stood at 1,800 tonnes.

A senior port official said that the supply was made to a Cape size bulk vessel MV Borneo, which is on its way from Mundra to Rotterdam.

The port has been receiving an encouraging response from ship operators worldwide for bunker sales, with the figures crossing 90,000 tonnes in the last six months, catering to 120 vessel.

...

Nitin Gadkari says: India may spend INR 2 Lakh Crore at Chabahar Port 09 October 2015

Union Minister Nitin Gadkari said that India is eyeing investments to the tune of INR 2 lakh crore at Chabahar port in Iran in various infrastructure projects.

The investments, however, will depend on the outcome of the negotiations on gas price as Iran has offered to supply natural gas at USD 2.95 while India wants rates to be lowered. Meanwhile, three more countries have offered gas to India, which will be examined, Road Transport, Highways and Shipping Minister Gadkari said during an interaction with media at Indian Women Press Corp in Delhi.

Gadkari said that "India is ready to invest INR 2 lakh crore at Chabahar SEZ in Iran but the investments would depe...

Coastal freight rates may drop 15% 08 October 2015

According to the Indian National Shipowners Association (INSA), Freight rates for shipping containers along the nation’s coast are expected to drop 12-15%. This follows the Centre’s decision to exempt domestic cargo on Indian flagged ships along the coast from customs and excise duty.

The Centre has also decided to extend the period of such exemption, offered only to export-import and empty containers along the coast.

“The drop in bunker prices will allow firms to utilise their ships better,” Anil Devli, Chief Executive Officer, INSA, said.

“They will be able to optimise the cargo flow along the coast and have two-way movem...

ChPT appoints G. Senthilvel as Deputy Chairman 08 October 2015

G. Senthilvel, FA & CAO, Chennai Port Trust has been appointed as Deputy Chairman of Cochin Port Trust (ChPT). Hitherto he was FA & CAO of Kandla Port Trust and Chief Manager (Finance) of JNPT.

Having 28 years experience in the port sector, he was associated with the construction of Ennore Port, and various other major projects including Capital Dredging of the Mumbai navigation channel.

He is also a faculty in the Indian Maritime University.

...

Nod to mechanise Paradip berths 08 October 2015

The Cabinet Committee on Economic Affairs on Wednesday approved the mechanisation of three berths on East Quay at Paradip port on a BOT basis in PPP mode, to handle thermal coal exports.

The estimated cost of the project is INR 1,437.76 crore, of which INR 1,412.76 crore will be borne by the port developer.

The remaining INR 25 crore will be borne by Paradip Port Trust on dredging, according to an official statement.

The project envisages mechanisation of EQ 1, 2 and 3 berths to increase their capacity from the existing 7.85 million tonnes to 30 million tonnes.

...

Gopalpur port to start again operations next month 06 October 2015

Gopalpur port on Odisha's southern coast, closed for two years, is scheduled to restart operations from the first week of next month.

The last ships to anchor at the port was on October 7, 2013. Operations stopped after the Phailin cyclone hit the state's southern coast on October 12, 2013.

A year later, the port was hit again by another cyclonic storm, Hudhud. Battered, several portions of the port, including its breakwater, had been damaged.

"We expect the repair work to be completed by the end of October," said M M Moharana, director (operations), Gopalpur Port Limited (GPL).

The progress was recently reviewed by a team l...

Paradip Port handles highest cargo traffic 06 October 2015

Paradip Port has handled its highest traffic of 36.06 million tonnes (mt) in first 6 months of this fiscal, up from 34.35 mt of cargo handled during the same period of previous year.

PPT said in a statement, this is an increase of 5% and Paradip Port Trust (PPT) has maintained its second position among the major ports in the country.

During the April-September period in the current fiscal, thermal coal traffic in the port has increased by 8.718% due to handling 14.83 MT against 13.64 mt during the corresponding period of previous year, it added.

POL (petroleum, oil and lubricants) traffic also saw a growth of 6.40% by handling 9.52 MT against 8.94 MT ha...

JNPT bags first prize of Rajbhasha Kirti Puraskar 06 October 2015

Jawaharlal Nehru Port Trust (JNPT) was awarded the first prize of the Rajbhasha Kirti Puraskar for 2014-15 by the Department of Official Language, Ministry of Home Affairs, for excellent implementation of Hindi.

The award was presented by the President of India, Pranab Mukherjee, on the occasion of Hindi Day, September 14.

The Chairman of JNPT, Anil Diggikar, IAS, congratulated all the employees on this achievement.

...

Union Minister says: Centre to invest INR 70,000 cr on 12 major ports 06 October 2015

Union Minister Nitin Gadkari said, the Sagarmala Project, aimed at port-led development in coastal areas, is bound to boost the country’s economy and the government has lined up about INR 70,000 crore for its 12 major ports only.

“Ports play a pivotal role in boosting the country’s economic growth. Logistic cost has to be reduced."

Our logistic cost is thrice than China’s. We are not able to compete with global markets.

“When Prime Minister Narendra Modi had called the meeting of industry leaders, a leading industrialist said Mumbai to London travel is cheaper than Mumbai to Delhi. Sagarmala will address all these issu...

Kandla Port crosses 50 mt mark before end of first 6 months of current financial year 05 October 2015

Kandla Port, which recently brought about changes in its Berthing Policy based on the recommendations of the Ministry-appointed consultant, has achieved yet another feat by being the first and only Major Port to have handled 50 million tonnes (mt) of cargo before the end of the first six months (April-September) of the ongoing financial year 2015-16, up to September 29.

According to an official communiqué, this was on account of the increase in dry cargo handling which went up by more than 3 mt, i.e. a surge of nearly 21% as compared to the cumulative performance during the same period last year. Similarly, liquid cargo handling at Kandla Port during the cumulative pe...

MFL explores moving gas via Krishnapatnam Port 05 October 2015

Public sector undertaking Madras Fertilizers Limited, (MFL) is exploring the possibility of using Krishnapatnam Port to transport imported gas as feedstock for producing urea.

An official at MFL, who did not wish to be identified, said “We are weighing the option of moving natural gas from Krishnapatnam Port through cryogenic road tankers. Our board has already cleared the proposal. The talks are in initial stages. It would take at least a year for them to set up storage tanks.”

Krishnapatnam port is situated about 150 kilometer (km) north of MFL’s plant. Andhra Pradesh-based KEI-Ros Petroleum & Energy is setting up an LNG import terminal at ...

Adani Ports set to sign an agreement with L&T to take over operations of TN port 02 October 2015

Adani Ports and Special Economic Zone Limited (APSEZ) is set to sign an agreement with Larsen and Toubro (L&T) to take over operation and management (O&M) of the Kattupalli port at Ennore in Tamil Nadu.

L&T holds 97% stake in Kattupalli International Container Terminal, a port-cumnaval shipyard complex developed jointly with state government entity TIDCO, which holds the remaining stake. However, L&T will continue to run the shipyard, which will not be part of the O&M deal. Kattupalli can handle 1.2 million twenty-foot equivalent units (TEUs) a year.

L&T's group executive chairman AM Naik said the company will 'hopefully finalise th...

Coastal sail vessels resume cargo shipping 01 October 2015

The operators of coastal sail vessels resumed cargo shipping from Tuticorin coast after a rough weather was over.

Now, the sail vessel owners’ associations of Tuticorin and Cuddalore started unprecedented cooperation and collaboration after entering into a settlement of uniform fixation of freight charges to facilitate port users in Beypore and Mangalore, S. Lasington Fernando, secretary, Tuticorin Coastal Mechanised Sail Vessel Owners’ Association, said.

The move would certainly offset the cut-throat competition and benefit the stakeholders relying on this sail vessel sector.

So far, freight charges were not regulated and this traditional m...

Kerala cabinet approves INR 475 cr rehab package of port project 01 October 2015

Kerala cabinet today accorded sanction to a INR 475 crore rehabilitation package to those who would be affected due to implementation of Vizhinjam Deepwater International Transhipment Terminal project here.

The package, with schemes to address the grievances and apprehensions of the local community, has been designed to be implemented in five years, Chief Minister Oommen Chandy told reporters during the cabinet briefing here.

It was worked out after discussions with all stakeholders of the multi-crore project, of which the construction and operation contract has been awarded to the Adani Group.

The CM said it would be the government's responsibility...

DCI declares 30% dividend 01 October 2015

The Visakhapatnam-based Dredging Corporation of India (DCI) declared 30% dividend on Wednesday at its annual general meeting held in New Delhi, according to a press release.

A cheque for INR 6,17,93,100 was handed over by Chairman and Managing Director Rajesh Tripathi to Union Shipping Minister Nitin Gadkari in New Delhi at the AGM.

The DCI's turnover was INR 744 crore during the year (2014-15) against INR 773 crore the previous year.

The target for the current year is INR 858 crore and the achievement till June was INR 185 crore. The profit after tax was INR 62 crore against INR 38 crore the previous year.

The target for the current year...

1st shipment of tur dal reaches JNPT & Chennai Ports 30 September 2015

The Food and Consumer Affairs Ministry said, the first tranche of tur (arhar) dal imports arrived at Chennai and JNPT Ports last week.

The shipments of 888 tonnes and 984 tonnes arrived on September 23 and 24, respectively, and were being allocated to States, in accordance with their requests. An official said in a statement, the rest of the 5,000-tonne consignment will be received soon.

“Bids for importing additional 5,000 tonnes of tur have also been floated by MMTC. These would be opened on October 1. Consignment of 5,000 tonnes of urad dal from Myanmar will reach at the Chennai and JNPT by October 20,” it said. 

The MMTC also inform...

Visakhapatnam Port handles 1st fully laden Panamax Vessel at Inner Harbour 30 September 2015

A long cherished dream of Port of Visakhapatnam has become a reality on Sept 28 when the port handled 1st ever gearless Panamax vessel MV NAVIOS CENTAURUS at Inner Harbour.

The vessel carrying 74,1000 MT with LOA 229 mtrs, Beam 32.26 mtrs., Draft 14 mtrs berthed in the Inner Harbour at EQ-8 of M/s.Vizag Seaport Private Limited, carrying import of Petroleum Coke in the account of Andhra Cements and Ambuja Cements who are importers of cargo, according to a statement from the port.

Port of Visakhapatnam has undertaken dredging work since May, 2013 and spent an amount of INR 250 crores. The dredging work is nearly completed with a draft of 16.1 mtrs to handle all type...

AP to set up LNG terminal at Kakinada Deep Water Port 30 September 2015

In order to set up a floating liquefied natural gas (LNG) terminal at Kakinada Deep Water Port, the first on the east coast, a Terminal Company Agreement was signed between the Andhra Pradesh Gas Distribution Corporation (APGDC), GDF SUEZ, and Shell for the development/execution of the terminal, official sources said.

The state government has set a strict deadline of 18 months for the project.

Another MoU, a Trading Company Agreement, was inked between GAIL (I), GDF SUEZ and Shell. It covers both the sourcing of LNG and the marketing of re-gasified LNG from the terminal. GAIL (I), GDF SUEZ, and Shell will have 48, 26 and 26% equity, respectively, in the project, i...

Cargo traffic at Major Ports up 30 September 2015

During the first five months (April-August) of the current fiscal, cargo volumes at Major Ports increased by 5.53% to 252.72 million tonnes (mt), from 239.49 mt in the corresponding period of last year, the Indian Ports Association (IPA) said.

A target of 695 mt has been fixed by the Ministry of Shipping (MoS) for 2015-16. Of the 12 ports, cargo handling at Visakhapatnam Port dipped by 10% and at New Mangalore Port it fell by 4.24%. Elsewhere, Chennai Port and Cochin Port handled 1% less each for the period under review.

On the other hand, Mormugao Port’s cargo handling rose by 27%, followed by V.O. Chidambaranar Port, Kolkata Port and Kamarajar Port.

<...

First cruise vessel at New Mangalore Port 30 September 2015

The first cruise vessel of the current season called at New Mangalore Port on Sunday.

A press release by New Mangalore Port Trust (NMPT) said the vessel – mv Insignia – had 625 passengers from the US and Canada and 400 crew members.

The period between September and April is the cruise season. Around 400 passengers and crew members opted for ground tour in and around Mangaluru.

The press release said NMPT expected to receive 21 cruise vessels during the current season.

...

CSL pays dividend to Govt. 30 September 2015

The public sector Cochin Shipyard Limited (CSL) has paid a dividend of INR 16.99 crore to Union Government for the seventh consecutive year. The dividend cheque was handed over to Nitin Gadkari, Union Minister for Shipping, by K Subramaniam CMD, CSL.

A dividend of ₹1.5 per equity share was paid on the 11, 32, 80, 000 fully paid equity shares of ₹10 each. In addition, the yard has also contributed INR 190 crore to the exchequer by way of VAT, Income Tax, Fringe Benefit Tax, Excise Duty, Customs Duty and Service Tax during the year 2014-15.

A press statement said that the performance of CSL had been consistently impressive in the last several years despi...

Govt. plans investments of INR 4,000 cr in 850 Ports 29 September 2015

Official said that India plans to offer 850 Ports along key rivers for development by the private sector, including foreign investors, as the Government looks to scale up inland waterways infrastructure in the Country.

The Shipping Ministry is drawing the blueprint of a new investor friendly agreement for these ports that could see investment of nearly INR 4,000 crore.

A senior official said that "Ports, both small and medium sized, will be on offer. Most of these ports will fall along coal-bearing routes, making them commercially exploitable.”

The Government proposes to offer ports along the riverside systems of the Ganga, Brahmani, Brahmapu...

Azhikkal port to be developed 29 September 2015

Union Minister of State for Road Transport, Highways and Shipping Pon Radhakrishnan has said that Azhikal port here will be included in the Sagarmala project of the Central government.

Addressing a seminar on “Development of Azhikal Port and National Highways of North Malabar” organised by the North Malabar Chamber of Commerce (NMCC) here on Monday, he said that the Central government plans to develop all the minor and major ports in the country.

He said that 200 minor ports and 12 major ports would be developed under the Sagarmala project. Radhakrishnan earlier visited the Azhikal port and evaluated its developmental needs.

He said that the...

Adani Ports shares jump over 3% on Nifty inclusion 29 September 2015

Shares of Adani Ports moved up by over 3% after the company replaced state-run iron ore miner NMDC Limited on the National Stock Exchange’s benchmark index Nifty from today.

The stock gained 3.36% to INR 312 on NSE.

On the BSE, it climbed 3% to INR 310.90. NMDC shares, on the other hand, fell by 1.31 % to INR 93.50 on the NSE.

The changes were decided by the index maintenance sub-committee as part of its periodic review, India Index Services & Products (IISL) had said last month.

It had said that “These changes shall become effective from September 28, 2015 (close of September 24, 2015).”

...

Machilipatnam port: LPS notification awaits CMís nod 28 September 2015

The State government is all set to issue a notification within a week to acquire nearly 14,500 acres of private land through the Land Pooling System (LPS) for the Machilipatnam deep sea port and other port-based industries.

The final draft of the notification has already been tabled before Chief Minister Chandrababu Naidu, high placed sources said.

The administration is trying to rake together more than 30,000 acres for various industries, including 14,500 acres of private land and 16,000 acres of government land.

A notification was issued a few days ago to acquire 14,500 acres in Machilipatnam and Pedana mandals while the Land Acquisition Ordinance was...

Major ports cargo volume up 5.53 % 28 September 2015

According to the Indian Ports Association, Twelve major ports in the country have recorded a 5.53% increase in cargo volume for the first five months of the current year.

This has raised doubts among the port users, whether the major ports would be able to touch the target of 695 million tonnes (mt) fixed by the Shipping Ministry for 2015-16.

Though the Ministry had set last year’s target at 604 mt, major ports collectively were able to handle 581 mt. Global slowdown and traffic congestion were attributed as reasons for missing the target.

During the first five months from April to August 2015, major ports handled 252.72 mt of cargo against 239.49...

No further move by Adani to take over Gangavarm port 28 September 2015

The decision of Adani Ports & Special Economic Zone (APSEZ) to take over operations and maintenance of L&T’s shipyard and port facility at Kattupalli near Chennai has fuelled speculation that India’s leading multi-port operator lost interest in acquiring Gangavaram Port.

APSEZ, which was keen on having a strong foothold on the eastern seaboard, had acquired Dhamra Port in Odisha, close to Kolkata-Haldia ports.

The Gautam Adani-owned company has plans to increase its cargo handling to 200 million tonnes (mt) in next two years.

Adani Group developed a green coal terminal in the inner harbour of Visakhapatnam Port with an investment of ...

Modern cargo handling facilities at Beypore port 26 September 2015

The new cargo handling facilities, introduced as part of the ongoing Coastal Shipping Promotion Programmes of the Union and State governments, will be commissioned at the Beypore port on Monday.

Minister for Ports and Fisheries K. Babu will inaugurate the facilities, which include a modern reach stacker to handle inter-modal cargo containers and a powerful 750 Brake Horse Power tug, MT Malabar , to help easy toeing of cargo vessels in the port. Elamaram Karim, MLA, will chair the function.

Officials attached to the Department of Ports said that along with the tug, a new crane imported from Germany too would be added to the improved cargo handling facilities at the...

Weekly coal stocks at Major Ports down by 4% to 12.42 mt 25 September 2015

The weekly stock of coal at Major Ports has declined by 4% to 12.42 million tonnes (mt) as of September 18.

However, stockpiles of thermal coal increased by 1.4% to 9.72 mt from 9.58 mt in the previous week, but the stock of coking coal declined by 19.3% to 2.62 mt from 3.25 mt.

According to data, stocks of anthracite went up by 23.1% to 16,000 t from 13,000 t, while pet coke stocks rose by 31.2% to 1,37,000 t from 1,04,400 t in the previous week.

Among ports, Paradip had the highest coal stocks as of September 18 at 2.68 mt, which was down by 5.9% as compared to the previous week.

Paradip Port also had the highest coking coal stocks at 1.12 ...

India to spend INR 1 Lakh Cr in Chabahar Port 24 September 2015

Iran has offered to supply natural gas at USD 2.95 for a urea plant that India will set up at Chabahar port on the Persian Gulf, but New Delhi wants rates to be lowered.

With the US and other western powers easing sanctions against Iran, India has been in talks with Tehran to set up a gas-based urea manufacturing plant at the Chabahar port, besides developing a gas discovery ONGC had made.

Road Transport, Highways and Shipping Minister Nitin Gadkari said, the total investment in the projects will be around INR 1,00,000 crore.

Asked about the development of the port, he said: "Various ministries will give their report by September 28, based on which...

Cargo operations at Paradip port start again 24 September 2015

Paradip Port Trust (PPT) said in a statement, PPT said that the cease work by stevedores and dumper owners has ended on Wednesday. The loading and unloading operations also resumed.

The Paradip Port Stevedores Association and the Dumper Owners Association withdrew their cease work on Wednesday.

The cease work begun on September 16. PPT also revoked of the order for cancellation of the permits issued to all dumpers, equipment and drivers.

Out of the 12 ships at berth, 11 ships were carrying on loading and unloading operations and 1 ship sailed off today morning.

Three more ships have been programmed to come for cargo operation on Wednesday and...

Cargo handling at Paradip Port up by 7.10% till Aug 23 September 2015

The Paradip Port handled 30.61 million tonnes (mt) of traffic till August 2015 as against 28.58 mt it handled during the corresponding period of the previous year, a growth of around 7.10%.

The Port’s ship handling also rose by 14.84% to 673 ships during this period as against 586 in the corresponding period of the previous financial year, the Paradip Port Trust (PPT) said in a release.

...

KPT & PPT to develop smart port cities 22 September 2015

As per the Union government’s ambitious smart port city project, Kandla Port Trust (KPT) has said that it would develop 1,500 acres, while Paradip Port Trust (PPT) plans to develop 400-500 acres.

They have invited consultants to carry out techno-feasibility studies, sources said.

KPT is planning to develop a Smart Industrial Port City (SIPC) within the Kandla, Gandhidham and Adipur Complex located at Gandhidham (Kutch) as it has a land bank of 930 acres in Kandla and 560 acres in Gandhidham, official sources said.

Earlier, the Minister for Road Transport, Highways and Shipping, Nitin Gadkari, had said that each Major Port would construct one smart...

Cargo handling at Haldia Dock Complex up by 27% 22 September 2015

Sources said that cargo handling at the Haldia Dock Complex (HDC), under Kolkata Port, went up by 27% in the current fiscal as against 10% in 2014-15 as 30 lakh tonnes of additional cargo was handled by the Port in April-August 2015.

This year, cargo movement at HDC surged by 35%, with coal contributing to two-thirds of the traffic. Around 3.5 lakh tonnes of iron ore and 1.5 lakh tonnes of thermal coal, waiting for evacuation for months at Paradip, were diverted to HDC this year.

A GPS-based digital application was recently introduced to help users locate the availability of land in the Port to store cargo.

The system, available on mobile phones, reduce...

Container truck parking yard for Ennore Port 21 September 2015

To reduce traffic bottlenecks owing to container trucks entering and leaving Ennore Port, the Government has planned a container truck parking yard at a cost of INR100 crore.

Making the announcement in the Assembly, Chief Minister Jayalalithaa said that the parking yard would come up on about 29 acres in the land that belonged to the Tamil Nadu Housing Board near the harbour.

The yard will come up on 29 acres in TNHB land near the harbour. It will have infrastructure for 900 trucks to be parked at a time.

...

JNP & Chennai Port to get 2 shipments of 2,500 t of tur dal 21 September 2015

Sources said that the Consumer Affairs Ministry has said that two shipments of 2,500 tonnes each of tur dal will arrive at JN Port and Chennai Port in different tranches from September 23.

This would improve availability and help reduce prices in the country. It is reported that around 5,000 tonnes of tur dal was being imported by the government at INR 77 per kg, which would be available to states at INR 67 a kg, the subsidy being INR 10 per kg.

Around 5,000 tonnes of tur dal and urad would land by October 20, it is learnt.

"As states have indicated their inability to process imported unmilled pulses, MMTC is advised to float a tender for milling t...

Asia-Europe container freight rates drop 22.4% 19 September 2015

Shipping freight rates for transporting containers on the world’s busiest route have dropped by more than 20% for the second consecutive week and are now at their lowest level since July 24.

Spot rates fell 22.4% to USD 456 from ports in Asia to Northern Europe after a fall of 22.9% last week.

Container freight rates have so far increased in 8 weeks this year but fallen in 28 weeks.

In the week to Friday, container freight rates plunged 26.9% from Asia to ports in the Mediterranean, fell 5.6% to ports on the U.S. West Coast and were down 9.1% to ports on the U.S. East Coast.

Average rates for 2015 are USD 659 per Twenty Foot Equivalent ...

Work at Paradip Port disrupted due to strike 19 September 2015

Operations at Paradip Port in Odisha's Jagatsinghpur district were disrupted today due to a strike by several organisations alleging large-scale irregularities in cargo handling operations.

Members of around ten outfits including Stevedores' Association, Dumper Owners' Association and Drivers and Helpers Association took out a rally upto the office of the additional district magistrate (ADM) here holding placards and submitted a memorandum.

In their memorandum, the stakeholders protested against a particular private shipping and logistics company being allowed to do stevedoring work at the port.

Describing the agitation as a fight for their ...

KoPT to sign INR 250 cr agreement with Jindal ITF 19 September 2015

Kolkata Port is looking at transloading as a long-term solution to its low-river draft issues.

The port will start round-the-clock transloading of bulk cargo from large vessels from early next year.

“We will sign the concession agreement with Jindal ITF, for conducting all weather transloading from Kanika Sands and Sand heads in the high sea, on September 21."

RPS Kahlon, Chairman of Kolkata Port Trust said that they will take three months to start the operations. Kahlon was speaking on the sidelines of a seminar organized by the Bengal Chamber of Commerce and Industry.

Once operational, large Panamax or Capesize vessels can anchor...

Krishnapatnam Port to install coal conveyor system 18 September 2015

Krishnapatnam Port, 180 kilometer (km) north of Chennai, is investing INR 780 crore for installing a direct coal conveyor system to speed up movement of the fuel and cut environmental pollution.

About seven thermal power plants with a capacity of 8,760 MW are proposed to be set up north and south of the port.

Last year, the port handled 41 million tonnes of cargo, of which coal accounted for the major share. This year, the target for total cargo handling is pegged at 56 million tonnes.

The first coal conveyor system of 10 km for 2X660 MW Thermal Powertech Corporations was installed recently.

TPCIL commenced its second power unit recently. APG...

Shipyard owners in Goa in troubled waters after rent hike by MPT 18 September 2015

The Goa Chamber of Commerce and Industry (GCCI) said, the decision taken by Mormugao Port Trust (MPT) to increase the rentals of foreshore land has put shipyard owners in Goa in troubled waters, especially at a time when shipping is out of business after closure of mines in the state.

"Shipyard owners of Goa are aggrieved about MPT’s decision to increase the rentals of foreshore land. Due to closure of mining since 2012, the barges remained idle, thus rendering the shipyards out of business as repairing/building of barges was their only source of income," GCCI said in a statement.

It added "To add to their woes, the Port authorities have steep...

Container truck parking yard for Ennore port 17 September 2015

To reduce traffic bottlenecks owing to container trucks entering and leaving Ennore port, the government has planned a container truck parking yard at a cost of INR 100 crore.

Making the announcement in the Assembly on Tuesday, Chief Minister Jayalalithaa said that the parking yard would come up on about 29 acres in the land that belonged to the Tamil Nadu Housing Board near the harbour.

It would have the necessary infrastructure for 900 trucks to be parked at a time.

On the occasion that there was a necessity to tap solar energy in cities as energy consumption had gone up owing to increased urbanisation and changing lifestyle, said Jayalalithaa.

<...

Apple Imports allowed only through Nhava Sheva Port 16 September 2015

The Government restricted imports of apple by allowing its inbound shipment only through Nhava Sheva Port in Maharashtra.

Apples are the most heavily consumed imported fruit in India.

Director General of Foreign Trade said, "Import of the item 'Apples' is allowed only through Nhava Sheva Port.”

According to an industry source the move is a kind of non-tariff barrier. India is the world's third-largest producer of apples. Depreciation in the rupee, which is hovering at around 66 against the dollar, makes imports costlier.

Apple production in the Country is limited to the hilly states of Jammu & Kashmir, Himachal Prad...

Siemens bags order worth INR 81 cr 15 September 2015

Siemens Limited today said it has bagged an order worth INR 81 crore from Diesel Locomotive Works (DLW), Varanasi.

The company said in a press release, “Siemens Limited has won a crucial order approximately worth INR 81 crore from Diesel Locomotive Works (DLW), Varanasi.”

The statement added, the scope of work for the project includes supply and supervision for installation and commissioning of AC-AC traction systems, including Locomotive Controller for Diesel Electric Locomotives.

Siemens focuses on electrification, automation and digitalisation. It is one of the leading producers of energy-efficient, resource-saving technologies, combined ...

Revenue share to play a bigger role in deciding contracts at Major Ports 14 September 2015

Shipping Ministry is widening the ambit of the revenue share model, which until now has been used only for building multi-user cargo loading facilities with private funds through the public-private-partnership (PPP) route.

Under this model, the bidding group willing to share the most from its annual revenue with the Government-owned port wins the deal, typically stretching to 30 years.

The Ministry now plans to adopt this model while allotting land and waterfront through auction to port-based industries to set up berths, oil jetties, trans-shipment jetties, offshore anchorages, single-point moorings for discharging imported crude oil and so on for their own captiv...

DP World Cochin cuts free time for imports to relieve congestion 14 September 2015

DP World-operated Vallarpadam International Container Terminal at India’s Port of Cochin received long-awaited regulatory approval to reduce the number of free days allotted to laden import containers in an effort to ease congestion and improve terminal productivity.

Port regulator Tariff Authority for Major Ports recently allowed DP World Cochin to slash its free storage time in two stages, scaling it down from seven days to five days, beginning Sept. 1, and from five days to three days, effective Dec. 1.

TAMP said that “Keeping in view that reduction in free period of laden containers from seven days to three days at one go may impact trade, the term...

Kandla Port again adjudged Major Port of the Year 14 September 2015

Kandla Port Trust (KPT) was a prominent winner, for the sixth year in a row, at the prestigious Maritime And Logistics Awards (MALA) 2015, organised by Exim India, on the evening of September 4, 2015. It was adjudged the ‘Major Port of the Year’ over the other finalists, Jawaharlal Nehru Port Trust, Mumbai Port Trust, Paradip Port Trust and Visakhapatnam Port Trust.

The award trophy and certificate were received by Bimal Kumar Jha, Secretary, Mohan Aswani, Trustee, and Vinod Sondhra, Assistant Secretary (G), Kandla Port Trust at a gala function held at The Leela, Mumbai. Presenting the award were Adarsh Hegde, Executive Director, Allcargo Logistics Limited, Shant...

Haldia Dock Complex gets camera surveillance system 11 September 2015

R.P.S. Kahlon, Chairman of Kolkata Port Trust (KoPT), recently inaugurated a camera surveillance system at the Haldia Dock Complex (HDC).

KoPT said in a statement, Installed at a total cost of INR 58 lakh, it is to be used extensively by the Central Industrial Security Force (CISF) to monitor the entire dock complex at Haldia.

The surveillance system has 17 cameras, both fixed and Pan-Tilt-Zoom, capable of retaining live video feed for a period of 90 days for immediate review.

Meanwhile, Kahlon also initiated the online application for fresh and renewal of "Short Term Land Allotment" at HDC, under which stakeholders of the Port would be able t...

KPL mulls outer harbour project 11 September 2015

Kamarajar Port Limited (KPL) has embarked upon an ambitious plan to cater to the ever growing export-import trade in and around Chennai. On the anvil is the construction of harbour within harbour called Greater Kamarajar Port or outer harbour project.

It is expected to come north of north breakwaters of existing Kamarajar Port. It will have a capacity to handle 100 million tonnes of cargo per annum.

On completion, KPL as a whole will have a total capacity of 200 million tonnes of cargo, making it one of the biggest harbour projects among the public sector ports in the east coast.

Sources said “By 2020, the port will have a handling capacity of 111...

VPT gets ship with imported coal 11 September 2015

Visakhapatnam Port Trust’s promise to ensure faster evacuation of cargo has attracted the import of coal in a cape vessel by Bhushan Power & Steel.

Merchant Vessel Silver Trade with a draft of 18 metres anchored at the Vedanta General Cargo Berth (VGCB) developed by Vedanta in PPP mode on Wednesday bringing cheer to the port community. The ship brought 1.5 lakh tonne of steam coal from South Africa.

The capability of VGCB has recently enabled coal importers to maximise vessel sizes thus benefiting from economy of scale and reduced ocean freight.

Further, the user-friendly initiatives of the VPT make Vizag Port an ideal port of choice. Ease of ...

Govt. to develop low-cost non-major ports under Sagarmala project 09 September 2015

Sources said that the government plans to develop low-cost non-major ports along the coastline under the Sagarmala project to find a viable solution to the problem of lack of berthing facilities at ports forcing ships in the country to spend 70% time waiting and only 30% in voyage.

The Ministry of Shipping said, "Waiting time at ports in India is significant and hampers the efficiency of vessel operations. It is estimated that coastal vessels in India spend about 70% of total time in ports and only 30% of their time in actual voyage. Such delays render coastal shipping uncompetitive."

The Ministry has asked all the Major Ports to accord priority berthing...

Colachel port set for development 09 September 2015

The Union Minister of State for Shipping, Pon Radhakrishnan, said, the Union government has given approval to develop a major port at Colachel in Kanyakumari at the southernmost tip of Tamil Nadu at an estimated cost of INR 21,000 crore.

This would transform Colachel into India’s southern trans-shipment gateway and boost the economic prospects of Tamil Nadu.

Radhakrishnan, who is also the Member of Parliament (MP) from Kanyakumari, said that around 500 acres of land have to be reclaimed from the sea for the project, which would be completed in three years.

He said that "The Tamil Nadu government has given its consent for the project which wil...

Pipavav Shipyard faces opposition from vendors over dues 09 September 2015

Pipavav Shipyard (Pipavav Defence and Offshore Engineering Company Limited) is faced with resistance from the contractors at its yard in Amreli in Gujarat over pending payments.

The senior official of the company confirmed the 'resistance' from vendors, who allegedly locked the main gates of the yard thereby trying to disrupt the operations.

"There is some resistance among the vendors over outstanding payments. But we have initiated talks with them and will sort out the issue. It needs to be understood that the company is already into CDR," said a senior official in company administration at the shipyard in Amreli.

The official said th...

Gangavaram Port sets a record on steam coal handling 08 September 2015

Gangavaram Port today said it has crossed a milestone by discharging a record 1,12,599 metric tonnes of steam coal from an ultra large cargo vessel in 24 hours.

A company release said that the private port located here discharged a record 1,12,599 metric tonnes of steam coal from 'M V Cape Jupiter' in 24 hours (spread over September 4 & 5). M V Cape Jupiter is a capesize vessel, a class of ships that are very large in size and have a capacity to carry over 1,50,000 DWT (dead weight tonnage) of cargo.

This record discharge rate only reaffirms the superior infrastructure and operational efficiency available at the Gangavaram port, the release said. Raj D...

Mumbai Port to discontinue coal handling 08 September 2015

According to a Mumbai Port Trust (MbPT) public notice, it has been decided to discontinue handling of coal at Haji Bunder and storage plots at Mumbai Port w.e.f. October 31, 2015.

Hence, the vessels carrying coal for discharging at Haji Bunder shall only be permitted till September 24, 2015, and the importer has to ensure that the coal is cleared from the Port area on or before October 30, 2015.

The notice advised importers/vessel agents/vessel owners/coal handling agents to plan their vessels/logistics accordingly so as to ensure that the coal discharged at Haji Bunder and stored at storage plots is cleared on or before October 30.

According to Gautam ...

MPT registers increase in overall throughput, automobile handling till Aug. 31 07 September 2015

In the period ending August 31, 2015 of the ongoing financial year, Mumbai Port registered an increase of 5.72% in overall throughput as compared to the corresponding period of the previous year.

Expressing satisfaction at the performance, Ravi Parmar, Chairman of Mumbai Port Trust (MPT), informed that the highest increase in throughput, of 44%, was recorded in the iron and steel segment, followed by a nearly 17% rise in mid-stream operations.

Taking a step further towards its aim of achieving an all-time high in automobile throughput, Mumbai Port handled 58,857 vehicles, mostly export, by August 31, which was 5% higher than the units handled in the corresponding ...

APM Terminals Pipavav berths 10,000 TEU vessel 07 September 2015

APM Terminals Pipavav (Gujarat Pipavav Port Limited), one of western India’s fastest growing gateway ports, has announced the successful berthing of the largest container vessel till date at the facility—theMAERSK SALTORO with capacity of approximately 9,971 Twenty Foot Equivalent Unit (TEU).

The vessel, with an overall length of 299 metres, was berthed at Pipavav on September 4, 2015 by the Port’s marine team, a release pointed out.

The berthing of MAERSK SALTORO is yet another testimony of the infrastructure capabilities APM Terminals Pipavav has built over the years in handling large vessels and cargo. APM Terminals Pipavav has the infrastruct...

KPL mulls outer harbour project 06 September 2015

Kamarajar Port Limited (KPL) has embarked upon an ambitious plan to cater to the ever growing exim trade in and around Chennai. On the anvil is the construction of harbour within harbour called Greater Kamarajar Port or outer harbour project.

On completion, KPL as a whole will have a total capacity of 200 million tonnes of cargo, making it one of the biggest harbour projects among the public sector ports in the east coast. For this to happen, one has to wait for at least 10 years, as KPL management is in the process of appointing a consultant to prepare rapid techno-economic feasibility report.

Sources said “By 2020, the port will have a handling capacity of...

Govt. works on new land policy for industries at 12 major ports 06 September 2015

To boost economic growth, the government will soon come out with a policy for awarding land to port-based industries at 12 major ports, which among them have an estimated 2.64 lakh acres.

The development follows directions from Road Transport and Highways Minister Nitin Gadkari to the major ports asking them to come up with a project shelf and land database on the premise that leveraging land for commercial advantage would generate additional revenue for ports.

"The policy envisages grant of concession to port dependent industries (PDI) for setting up dedicated facilities in major ports for import and/or export of cargo and their storage before despatch to th...

100 KW solar power plant inaugurated at V.O. Chidambaranar Port 06 September 2015

A 100 KW solar power plant has been installed at the V.O. Chidambaranar Port Trust here.

The power generated from this plant, installed at the roof of the administration building, will be directly fed to Port Low Tension( LT) grid in the complex.

The expected generation from the plant will be 1,70,455 units per annum. S Anantha Chandra Bose, Port Trust Chairman, inaugurated the plant yesterday, a release said.

It said the port planned to establish 400 KW direct grid connect solar power plant in the Port estate.

This would lead to reduction of 119 Metric tones of carbon emission per year, it said. As a Green Port initiative, the port has submi...

Centre to soon build major port worth INR 21,000 cr in the southernmost tip of Tamil Nadu 04 September 2015

The Centre would soon build a major port at Colachel in the southernmost tip of Tamil Nadu at an estimated cost of INR 21,000 crore, envisaged to emerge as a southern gateway of transshipment in the country.

Coming close on the heels of the Vizhinjam International Deepwater Multipurpose Seaport in Kerala to be developed by the Adani Group, about INR 21,000 crore would be spent to establish the Colachel port at Kanniyakumari district in neighbouring Tamil Nadu.

Union Minister of State for Shipping Pon Radhakrishnan today said, Government of Tamil Nadu has given its consent to the Centre to facilitate developing the port.

He said that "A Special Purp...

Machilipatnam port: AP govt. begins moves for land acquisition 04 September 2015

The Andhra Pradesh Government has announced its intention to develop several non-major ports along the coast and one of them is Machilipatnam port in Krishna district, which is the nearest port to the State capital. Machilipatnam is in fact the district headquarters of Krishna district.

The work on the port has been hanging fire for several years and it has made no headway for one reason or the other.

The foundation stone for the port was laid by the late Dr. Y.S Rajasekhara Reddy during the Congress rule way back in 2008 and since then there has been no progress. Initially, the project was awarded by the Rajasekhara Reddy Government to Maytas, of the Satyam group...

Strike stays away from Kollam port 03 September 2015

Even as the 24-hour nationwide strike remained total in the city on Tuesday, it did not affect the unloading activities at the Kollam port.

A ship with 2,000 tonnes of raw cashew from Africa had anchored at the port on Sunday after a gap of more than 47 years.

The unloading activity has to be over in five days. If not, the importers will have to pay heavy demurrage.

If the workers there had joined the strike, it would have send the wrong message about the fledgling Kollam port.

The cashew consignment had arrived as bulk cargo in about 70,000 sacks of 80 kgs each. Had the consignment had been brought in containers, the unloading activity could...

Korean trade delegation visits JN Port 03 September 2015

A delegation from Korea Trade Center (KOTRA), Embassy of the Republic of Korea, visited JN Port on August 27, 2015.

The delegation was led by the Regional Chief Director-General for South Asia, Dong Seok Choi, along with Sungjae Kim, Director, Project and Investment.

The purpose of the visit was to see the Port facilities and meet with senior officers of the Port as a part of promoting bilateral trade, said a release.

...

New cargo handling policy from April next year 02 September 2015

Following allegations raised by a whistle-blower and an MP of the Bharatiya Janata Party (BJP) of gross financial irregularities in cargo handling at the 12 major ports in the country, the Ministry of Shipping has issued a new policy to handle cargo.

The new policy has asked the chairmen of the ports to set up a “transparent auction system” to locate stevedores and shore handlers who would provide the “highest revenue share.”

The BJP MP from Gujarat, Mansukhbhai D. Vasava, had complained earlier that owing to “flagrant violations” by the “port authority” in selecting cargo handling agents, the Ministry had lost nearl...

JNPCT registers highest ever cargo throughput in Aug. 02 September 2015

Jawaharlal Nehru Port Container Terminal (JNPCT), the Port-owned terminal at JN Port, handled 131,991 Twenty Foot Equivalent Unit (TEU) of container traffic in August 2015, its highest ever monthly throughput since inception.

The previous record was 131,234 TEU way back in April 2006.

The growth over the previous month has been 4.07%, and 11.05% over the same month of last year. In July 2015, the terminal had handled 126,000 TEU, which again was an improvement over the 119,000 TEU handled in July 2014.

In FY 2015-16 thus far (April to August), the traffic handled by the terminal has been 583,648 TEU, up 2.23% over the same period of last year.

...

AP govt. initiates steps to develop 10 new Ports 02 September 2015

The Andhra Pradesh (AP) Government has initiated steps to develop 10 new ports in the state.

The 10 new ports are Bhavanapadu Port, Narsapur Port, Ramayapatnam Port, Machilipatnam Port, Kakinada SEZ Port (captive), Meghavaram Port (captive), Nakkapalli Port (captive), Nizampatnam and Vodarevu and Dugarajapatnam Port.

The Centre has been requested to develop the Dugarajapatnam Port in Nellore district (Major Port) as per the Andhra Pradesh Reorganisation Act, Chief Minister N Chandrababu Naidu said in a written reply to a question from D Narendra Kumar (TDP) and four others.

The Kakinada SEZ Port (captive), Meghavaram Port (captive) and Nakkapalli Port (...

State govt. lays out progress of 10 new ports 01 September 2015

The State Government informed the Assembly on Monday that the 10 new ports sought to be developed in the State are in various stages of implementation.

The technoeconomic feasibility report (TEFR) for the Bhavanapadu port in Srikakulam district has been prepared and a request for quotation (RfQ) issued.

Land for the project has been identified and a requisition to this effect has filed before the district collector, the government said.

As for the Narsapur (West Godavari) and Ramayapatnam ports (Prakasam), Rail India Technical Economic Serive (RITES) is expected to complete the TEFR by October. Land for the two parts was being identified, and the tender...

Ennore Port LNG terminal work commences 01 September 2015

Work on the five million tonne Liquified Natural Gas Terminal Project at Kamaraj Port in Ennore near Chennai has commenced with Indian Oil Corporation sponsored Special Purpose Vehicle starting the preliminary works on the project last week.

The Ennore Port authorities have handed over the required land for the project at a simple ceremony on August 18. Fifty two hectares of land in the port premises were taken over by the Special Purpose Vehicle purchased at a cost of about INR 100 crore.

The concession agreement between the port authorities and the IOC”s special purpose vehicle was signed on July 31 paving the way for handing over the land for the project....

CMD says: GDL aims at handling a million containers. 31 August 2015

Prem Kishan Gupta, Chairman and Managing Director of GDL said that Gateway Distriparks Limited (GDL) aims at increasing its throughput in India to a million Twenty Foot Equivalent Unit (TEU) per annum from six lakh TEU currently.

He was addressing a function here recently to mark the 10th anniversary of GDL’s Visakhapatnam Container Freight Station (CFS).

The company’s first freight station was opened in Mumbai way back in 1994. The second came up in Vizag after a gap of 10 years, where the first laden container was received in August 2005.

"After Vizag, the company made a quick presence at Chennai and Cochin," Gupta said.

...

India to play major role in developing Iranian Port 31 August 2015

Iran has given a green signal to India for leasing and developing the strategically important Iranian port of Chabahar.

This will provide an alternative route for India to trade with Afghanistan and Central Asia, bypassing Pakistan.

Union Road Transport and Highways Minister Nitin Gadkari said that the obstructions that the India-Iran agreement on the port had run into, after it was announced in May, got sorted last week during Iran Foreign Minister Javad Zarif’s visit.

“The Prime Minister has spoken to the Iran Government. we have solved the problem,” Gadkari said without divulging details.

Under the Memorandum of Understan...

Pon Radhakrishnan inaugurates 11 projects at Chennai Port 31 August 2015

Minister of State for Shipping Pon Radhakrishnan inaugurated eleven projects of the CPT including costal road during his four hour long visit to the Port.

The 9 kilometer long coastal road is being laid from the Chennai Port’s PSA terminal along the sea to the Gate number 10 of the Port near the War Memorial at a cost of INR 63 crores as a dedicated pathway to carry cargo from the proposed exclusive berth earmarked for coastal cargo. Work on the project is on for the past few weeks and the pathway will be ready in two years.

The coastal berth can accommodate two small vessels carrying domestic cargo not involving customs clearance unlike the other cargo of t...

Dhamra port cargo volumes up in 2014-15 31 August 2015

Sources said that Dhamra Port Company Limited (DPCL), controlled by Adani Group, has recorded an 8% growth in cargo handling in 2014-15.

Total cargo handled by the port, inclusive of import and export traffic, stood at 15.45 million tonnes (mt) by the end of 2014-15 compared to 14.31 mt logged in the year-ago fiscal.

In 2014-15, Dhamra, a deep-draught port off the coast of north Odisha, handled 14.05 mt of import cargo and 1.40 mt of export cargo.

During April-June of the current fiscal, the port handled total cargo of 3.22 mt which includes 2.88 mt import cargo and the balance 0.34 mt being export traffic.

It is reported that to diversify it...

New iron ore loading record achieved at Paradip Port 28 August 2015

Paradip Port has taken many initiatives to improve its operational efficiency in the recent past.

This has led to a landmark loading figure of 69,000 tonnes of iron ore pellets by Essar Bulk Terminal (Paradip) Limited in 24 hours at CQ-III berth on the ship MV PEDHOULAS TRADER on August 26, 2015.

The previous best loading of iron ore pellets in a single day was achieved on the vessel MV AARTI PREM on March 25, 2015 with 56,618 tonnes.

...

Pipavav Port to launch RoRo operations 28 August 2015

Port management company APM Terminals Pipavav and NYK Auto Logistics on Thursday announced the commencement of RORO operations at Pipavav port.

The first RORO ships, MV Grand Dahlia, berthed at the port was loaded with 1,300 cars.

Ford Motors has dispatched its first lot of Ford FIGO cars, manufactured at its Sanand plant in Gujarat, from the port. Roll-on roll-off (RORO) cargo is driven on and off the vessel and consists of tractors, buses, cars, and other vehicles.

APM Terminals is a part of an international network operated by APM Terminals BV, an independent business unit of Maersk Group.

NYK Auto is a part of the Tokyo-based NYK Group, w...

VOC Port records over 27% growth in traffic handled 28 August 2015

V O Chidambaranar (VOC) Port in South India has registered 27.56 per growth in traffic for the financial year ending July 2015 over the corresponding 12 months of the previous year.

Claiming this to be the highest growth among all major ports in the country, S Anantha Chandra Bose, Chairman, V O Chidambaranar Port Trust, said the port handled traffic of 13.06 million tonnes (mt) during the 12 months ending July 2015, up from 10.23 mt in the corresponding period of the previous year.

The major cargo that contributed to the achievements included coal (43%) and containers (32%), with fertiliser, copper concentrate, construction materials, liquid cargo, and other bulk...

Haldia Dock logs 27% cargo growth in April-July 2015 27 August 2015

Kolkata Port Trust (KoPT) chairman RPS Kahlon said, KoPT Haldia Dock (HDC) handled 11.63 million tonnes (mt) of cargo traffic in April-July 2015, up 26.64% from 9.18 mt a year ago.

KoPT has also received the 'Major Port of the Year' award among 12 major ports for 2014-15.

Kolkata Dock System (KDS), KoPT's another unit, handled 5.19 mt of traffic during the four months, a growth of 15.25% over 4.51 mt last year.

In container segment, Kolkata Port handled 2,06,709 Twenty Foot Equivalent Unit (TEU) in April-July, a growth of 3.55% over same period in 2014-15.

...

Karnataka, Lakshadweep sign MoU on port 27 August 2015

Karnataka government and the Union Territory of Lakshadweep entered into a pact today for the construction of a dedicated berth for vessels from Lakshadweep at the old port at Bunder here.

Officials from both administrations signed the Memorandum of Understanding (MoU) in the presence of Karnataka Ports Minister Baburao Chinchanasur. 

Chinchanasur said the state government would extend all support for the project.

The entire project, estimated to cost about INR 60 crore, on an area of about 8,000 square feet, would be jointly executed by the two administrations. Efforts would be made to finish the work at the earliest.

As per the MoU, th...

Visakhapatnam Port plans Cold Storage facility by March 2016 27 August 2015

Visakhapatnam Port Trust (VPT), in association with Visakha Container Terminal Private Limited (VCTPL) and Marlyn Shipping and Transport (MST) organised a trade meet with shrimp exporters.

Interacting with exporters, VPT chairman MT Krishna Babu said that a cold storage facility was coming up in the harbour by March 2016.

VCTPL COO Sushil Mulchandani promised quality and quick services. He said that nine ships sail from the VCT in every seven days.

About 19 shipping lines patronise the VCT, enabling regular connectivity to West-bound traffic and also said that currently there were 5 Container Freight Services (CFS) and 2 more would come up soon.

Kolkata Port wins recognition 27 August 2015

Kolkata Port (KoPT) has been adjudged ‘Major Port of the Year’ amongst 12 major ports for 2014-15.

KoPT said in a release, the award was in recognition of its impressive growth rate in volumes, optimising capacity utilisation, growth in output per berth, and customer satisfaction.

According to the port trust release, KoPT handled 16.834 mt of traffic in the April to July period of 2015 against 13.698 mt handled in April-July 2014, thereby indicating a growth of 23%.

This came against Indian major ports together experiencing a growth of 5.8% during this period. Haldia Dock Complex handled 11.636 mt of traffic in April-July 2015 recording a si...

Hazira, Mundra ports gain from congestion at JNPT 26 August 2015

Congestion at Jawarharlal Nehru Port Trust (JNPT) container terminals, especially at Nhava Sheva port, is proving to be beneficial to Hazira and Mundra ports in Gujarat.

This could be gauged from the impressive performance registered by these ports in recent years. Recently, the Geneva-based container carrier, Mediterranean Shipping Company (MSC) added a direct call at Hazira's Adani Hazira Container Terminal (AHCT) to enhance direct connections between India, North Europe and Mediterranean. Chronic congestion issues at JNPT has promoted regional players like Simatech Shipping, X-Press Feeders and Orient Express and international container carriers such as Maersk Line, C...

Govt. likely to clear sea port at Ramayapatnam 26 August 2015

Transport Minister Sidda Raghava Rao has said, the location of sea port at Ramayapatnam in Prakasam district is in the final stage of clearance by the Centre.

Chief Minister N Chandrababu Naidu also confirmed the same by recently announcing that the Centre had agreed to locate the seaport at Ramayapatnam. Once the port is in place, the future of Prakasam district would go through a sea change, he felt.

Export of granite and aqua products would become easier once the port is operational. Investors from China and Singapore are already showing interest in investing in the district and a proposal has been sent to the government for allotting 5,000 acres of land to a C...

Nitin Gadkari says: Union govt. plans to set up 7 new Major Ports 26 August 2015

Government is mulling to expand the network of Major Ports in order to cater increasing global trade from India.

Nitin Gadkari, Union Minister for Road Transport, Highways and Shipping, while highlighting the recent development in the ports sector, said that the Union Government has decided to open up seven new Major Ports in addition to 12 existing Major Ports, out of which one will be based in Bengal namely Sagar Port and the other will be in Dahanu in Maharashtra to be opened up jointly for Maharashtra and Kerala.

Gadkari also released a vision document at the Sixteenth Meeting of Maritime States Development Council (MSDC) held on 24th Aug 24 2015. Releasing th...

License fee for services at Indian Ports increased in AP 25 August 2015

The Government has revised the rates for various services extended at the minor and intermediate ports in the State of Andhra Pradesh (AP).

The Infrastructure and Investment Secretary issued a Government Order enhancing the fees for various licences- Steamer Agency Licence, Stevedoring, Ship handling, Surveyors, Hazardous waste oil, Bunkering, Ship Repairs and Pest Control.

He also issued a Government Order enhancing the rates of Landing and Shipping fees leviable at the port of Rawa in East Godavari district.

Accordingly the rates for crude oil cargo were increased from INR 30 per metric tonne to INR 40 per metric tonne.

The enhanced rates w...

JNPT SEZ work to start in 4 months 25 August 2015

Work on the Jawaharlal Nehru Port Trust (JNPT) special economic zone (SEZ) is expected to begin in four months as all approvals are in place.

The INR 4,000-crore JNPT SEZ, which will change the landscape of the Uran-Dronagiri stretch, is expected to be completed in two years. Prime Minister Narendra Modi attended the ground-breaking ceremony for the project a year ago, under the Make in India initiative.

An RTI application filed by developer, Prajapati Constructions Limited, revealed that the project received all approvals, including environmental clearance, and land-filling was underway along with work on the boundary wall.

The detailed project report ...

Thermal coal imports soar 24% to 33 mt at 12 major ports 25 August 2015

Imports of thermal coal jumped 24% at the country’s top 12 major ports to 32.54 million tonnes (MT) during the April-July period this year even as the government continues to announce its commitment to boost domestic output, mainly by monolith Coal India.

Thermal coal is the mainstay of India’s energy programme as 70% of power generation is dependent on the dry fuel, while Coal Minister Piyush Goyal has been emphasising the need to increase the production by state-run Coal India.

Handling of coking coal, which is used mainly for steel-making, however remained flat at 10.56 MT, as per the data released by the Indian Ports Authority.

The ports...

Kerala govt. signs Adani Ports to build, operate 4 million TEU Vizhinjam CT 24 August 2015

Adani Ports and Special Economic Zone (APSEZ) has signed a concession agreement with the Kerala state government to develop and operate the proposed INR40 billion (USD 625 million) Vizhinjam port that will have an annual handling capacity of four million Twenty Foot Equivalent Unit (TEU) once completed within four years.

Vizhinjam is a deep-water port that is aimed at preventing Indian containerized cargo shipments from being shipped overseas via Colombo, thereby, boosting Indian trade and lowering transshipment costs.

It is estimated that one million TEU of Indian cargo is transshipped through foreign ports such as Colombo, annually.

The proposed port ...

Seaspan gets in fifth 14,000 TEU vessel bound for Yang Ming service 22 August 2015

Seaspan Corporation has announced that it has accepted delivery of the 14,000 Twenty Foot Equivalent Unit (TEU) YM Wellness.

Built by Hyundai Heavy Industries, the vessel is New York-listed Seaspan's fifth 14,000 TEU with the Saver design, and its sixth ship delivery this year.

The YM Wellness will commence a 10-year, fixed-rate time charter with Yang Ming Marine Transport Corp. Yang Ming may extend the charter for an additional two years.

The ship is the fifth of eight 14,000 TEU Savers to be chartered to Yang Ming and expands Seaspan's operating fleet to 83 vessels.

Vancouver-headquartered, Hong Kong-administered Seaspan provides ma...

Essar Ports plans INR 3,500 cr capex for upgradation and expansion 22 August 2015

Essar Ports is planning INR 3,500 cr (crore) capital expenditure in the next three years as a part of its corporate expansion plans, said Mr. Rajiv Agarwal, Managing Director, Essar Ports.

Till date, the capital deployed by the company is about INR 10,500 cr.

He said that funds for the capital expenditure would be raised from debt and equity, in the ratio of 70:30. Paradip Coal Terminal would require about INR 850 crore and Hazira Terminal would cost about INR 750 crore, to expand its capacity from 30 to 50 million tonnes (mt). At Vizag Coal Terminal INR 1,150 crore would be invested.

The remaining funds would be used for other port-related infrastructu...

ChPT plans to invite bids for building 1 mn sqft godown space 21 August 2015

Cochin Port Trust (ChPT) intends to award contracts for construction of one million square feet of godown space by December 31, as part of its plan to develop a cargo park in Willingdon Island.

The port authorities have invited applications from interested parties to develop and operate modern warehouses on commercial basis on Willingdon Island from among the plots.

Plots having area of 45 cents to 1010 cents are available for construction of warehouses.

The annual lease rent payable is INR 7.90 lakhs per acre.

Interested parties should specify the one-time upfront premium that they are willing to offer over and above the annual lease rent fo...

NMPT has taken up work to mechanise the coal-handling facility 20 August 2015

According to its Chairman, PC Parida, New Mangalore Port Trust (NMPT) has taken up work to mechanise the coal-handling facility at the port.

He was speaking after unfurling the National Flag in New Mangalore. He said the mechanisation of coal-handling under public-private partnership (PPP) model will increase productivity and efficiency at NMPT. It will also eliminate pollution.

He said NMPT would be a hub for LPG handling on the west coast after the completion of the work on the establishment of fire-fighting facilities for handling very large gas carriers at the port.

Parida said the preparation of a detailed feasibility report to set up a new port in...

VOC Port registers 28% growth in cargo handling 20 August 2015

V.O.Chidambaranar (VOC) Port, the vibrant Port in South India has handled a commendable Traffic of 13.06 Million Tonnes (mt) in the current financial year upto 31st July 2015, registering a whopping growth of 27.56% over corresponding period last year (10.23 mt).

Major cargoes that contributed to the achievements are Coal (43%), Containers (32%), Fertilizer and F.R. Materials (4%), Copper Concentrate (3%), Construction Materials (2%), Liquid cargoes (4%) and other bulk/break bulk (12%). In terms of Containers, the Port has handled 2.06 Lakh Twenty Foot Equivalent Unit (TEU) in the current Financial year upto 31st July 2015, registering a growth of 15.27% over corresponding p...

ChPT to invite bids for building 1 m sqft godown space 18 August 2015

Cochin Port Trust (ChPT) intends to award contracts for construction of one million square feet of godown space by December 31, as part of its plan to develop a cargo park in Willingdon Island.

The godowns are to be primarily used to attract traffic through the port’s berths and terminals.

The port authorities have invited applications from interested parties to develop and operate modern warehouses on commercial basis on Willingdon Island from among the plots, list of which is placed in the website. Plots having area of 45 cents to 1010 cents are available for construction of warehouses.

The annual lease rent payable is INR 7.90 lakhs per acre.

12 major ports see container throughput rise to 730,000 TEU in July 17 August 2015

12 biggest ports handled 730,000 Twenty Foot Equivalent Unit (TEU) of imports and exports in July, up from 697,000 TEU a year ago.

Containerised cargo tonnage rose by 6% to 11 million tonnes (mt) from 10.4 mt in July 2014.

Overall, India's ports boosted container throughput in July by 5% year on year, after a decline of 1.5% in June.

The busiest container gateway at Jawaharlal Nehru Port Trust (JNPT) achieved 3% growth during the reporting period year on year, with throughput increasing to 399,000 TEU.

But JNPT truck congestion and a strike against the APM Terminals by RTG crane drivers, slowed through and is likely to affect throughput n...

State govt. and Adani Ports will sign the construction agreement for Vizhinjam deep sea port pr 17 August 2015

Kerala government and Adani Ports will sign the construction agreement for the INR 7,525 crore Vizhinjam deep sea port project here tomorrow, 24 years after it was first proposed, amidst a boycott by opposition LDF.

The Memorandum of Understanding (MoU) will be signed between the state government and Adani Vizhinam Port Private Limited, the Special Purpose Vehicle of the project, at a function at the government secretariat here at 5 p.m tomorrow in the presence of Chief Minister Oommen Chandy and founder and chairman of Adani Group, Gautam Adani.

Opposition CPI(M)-led Left Democratic Front has decided to keep away from the function after levelling allegations of c...

NMPT to mechanise coal-handling facility 17 August 2015

New Mangalore Port Trust (NMPT) has taken up work to mechanise the coal-handling facility at the port, according to its Chairman, PC Parida.

He was speaking after unfurling the National Flag in New Mangalore on Saturday.

The mechanisation of coal-handling under public-private partnership model will increase productivity and efficiency at NMPT, he said. It will also eliminate pollution.

He said NMPT would be a hub for LPG handling on the west coast after the completion of the work on the establishment of fire-fighting facilities for handling very large gas carriers at the port.

Parida said the preparation of a detailed feasibility report to se...

Visakhapatnam port cargo handling dips 10.5% 17 August 2015

The Visakhapatnam port recorded a 10.51% decline in cargo handled during the period ended July 2015, over the corresponding period of the last financial year, owing largely to the fall in iron imports from China.

Deputy Chairman PL Haranadh said, the port handled 18.47 million tonnes of cargo against 20.64 million tonnes (mt) last year.

He said dredging activity at the port and delay in finalising agreements with Japan and South Korea also contributed to the dip in tonnage handled.

He said tha tHaranadh expressed confidence that the port’s performance would improve on all fronts during the remainder of the fiscal. The country’s 12 major port...

Essar Ports net profit rises 7% 16 August 2015

Essar Ports posted a 7% increase in net profit at INR 99 crore for the quarter-ended June 30. In the comparable period of the previous year, the net profit was INR 92 crore.

The net sales for the quarter stood at INR 411 crore (INR 407 crore).

During the quarter under review, Essar Ports took over Vishakhapatnam iron ore outer harbour terminal.

This has increased the operating capacity from 104 million tonnes per annum (mtpa) to 120 mtpa.

The operating capacity is expected to increase to 140 mtpa by March 2016 and 194 mtpa by 2018. The total capital employed till date is about INR 10,000 crore, the statement said.

...

Visakhapatnam port handles 18.5-mt cargo till July-end 16 August 2015

According to Deputy Chairman P L Haranadh, the Visakhapatnam port has handled 18.47 million tonnes (mt) of cargo till the end of July this year against 20.64 mt last year during the corresponding period.

He said the marginal decline was due to fall in iron ore imports by China and also as the agreements with Japan and South Korea had not been finalised yet.

Dredging activity at the port was also responsible to an extent. He said the performance of the port would improve on all fronts during the rest of the financial year.

The Deputy Chairman said on the whole, the 12 major ports in the country had handled 202 mt till the end of July against 191 mt durin...

G E Shipping contracts to sell a new building Kamsarmax Dry Bulk Carrier 14 August 2015

Great Eastern Shipping Company has signed a contract to sell, a new building Kamsarmax Dry Bulk Carrier “Jag Aakash” (81,600 dwt).

The vessel is being built at Tsuneishi Heavy Industries (Cebu) Inc., Philippines and will be delivered to the company in August/September 2015.

It will subsequently be delivered by the company to the new buyers. The Company’s current fleet stands at 30 vessels, comprising 21 tankers (8 crude carriers, 12 product tankers, 1 LPG carrier) and 9 dry bulk carriers (4 Kamsarmax, 5 Supramax) with an average age of 9.6 years aggregating 2.36 mn dwt. Excluding “Jag Aakash”. The order book comprises 3 dry bulk carri...

Shipping Corp. India posts INR 163 cr profit on lower fuel price 14 August 2015

Due to a change in the deprecation policy for tanker ships and offshore ship and lower fuel charges, the Shipping Corporation of India (SCI)has recorded INR 163 crore as net profit for the quarter ended June 30.

In the year-ago quarter, the company had achieved INR 49 crore as net profit.

In a BSE statement, the company said that in the quarter under review it decided to adopt a new norm for useful life of tanker ships and offshore vessels. For calculation of deprecation the life of such ships has now been set at 25 years from the earlier norm of 20 years.

This has resulted in lower deprecation and increase in profit by INR 50 crore for the quarter.

...

Container traffic rises by 5% in July 12 August 2015

Container volumes of India’s Major Port grew by nearly 5% in July from a year earlier, helping the Ports to recover from a year-over-year decline of 1.5% in throughput recorded last month.

The number of export and import containers handled at the Country’s 12 Major Ports reached 730,000 Twenty Foot Equivalent Unit (TEU) during the month, up from 697,000 TEU in July 2014. Containerized cargo tonnage in July expanded 6% to 11 million tonnes (mt) from 10.4 mt.

Jawaharlal Nehru Port Trust, India’s busiest container gateway, handled 3% more containers in July than a year earlier, with throughput increasing to 399,000 TEU from 388,000 TEU.

F...

Tuticorin Port will have rail connectivity to Kerala in 2 years 11 August 2015

Tuticorin Port will have direct Rail connectivity to Southern Kerala with the commissioning of the fifty kilometer stretch of the gauge conversion project across the Western Ghats linking Shencottah in Tamil Nadu with Punalur in Kerala in the next two years.

Rail services in this Ghat section of the Southern Railway were closed 5 years ago, to facilitate conversion of the railway line from Meter Gauge to Broad Gauge. Commissioning of this project will help cashew trade to transport their products to the Tuticorin Port besides assisting the Trade in South Tamil Nadu to transport Vegetables and Cement to Kerala. 60% of work on the project has been completed.

...

Govt. plans to build new vehicle terminal in Ennore Port 10 August 2015

India plans to build new terminal in the southern Port Ennore at Kamarajar city to serve the growing export of vehicles.

The construction of the new terminal will start in 2016, after the project was approved by the Board of Directors of the Port.

The development of the Port is mostly due to the big production capacities of Renault SA and Hyundai Motor Company. The growth of cars export through port Ennore for the first 6 months of 2015 is 11% and according to the estimated the Port will reach the limit of 300 thousand cars handled through the terminal during the next fiscal year.

During the last four years the car export from India grew with 9%, while ...

Kandla Port to start again container handling after 2 years 10 August 2015

It was a remarkable day for Kandla Port on Friday (August 7, 2015) when it again commenced container handling after a gap of two years. The first call was of the coastal vessel MV ALLCARGO SUSHEELA under the agency of Mystic Shipping Private Limited at Berth No. 11.

Ravi Parmar, IAS, Chairman of Kandla Port Trust (KPT), flagged off the resumed container operations in the presence of a large gathering of Port users and exporters/importers.

The vessel loaded 20 Twenty Foot Equivalent Unit (TEU)—168 TEU of iodised salt and 32 empties. Of the 200, 125 TEU were destined for Mormugao Port and 75 TEU for New Mangalore Port. This will be a regular weekly coastal ser...

India and Egypt to enhance ties for Waterways & Port development 08 August 2015

Road Transport and Highways Minister Nitin Gadkari called on his Egyptian counterpart to discuss ways to improve bilateral ties in the waterways and ports sectors.

Gadkari is in Egypt representing India at the inaugural ceremony of new Suez Canal on behalf of Prime Minister Narendra Modi.

"Gadkari called on the Egyptian Transport Minister Eng Hany Dahy. The two Ministers agreed to enhance cooperation between India and Egypt in the area of Inland waterways and Port development. An MoU is scheduled to be signed in this regard," an official statement from Road Transport and Highways Ministry said. 

The Egyptian Minister also expressed keen i...

RTG operators stir continues at GTI 08 August 2015

Operations at JN Port’s APM Terminal Mumbai (GTI) continue to be at a standstill, with no vessels berthing and no movement of boxes, due to the stir by RTG operators since the last few days.

Though there have been discussions, a breakthrough has been elusive.

It is learnt that further talks are scheduled for Friday involving those leading the stir, the terminal management as well as the Port management to break the impasse and arrive at an amicable solution to this issue which is seriously impacting the trade using the terminal that handles the largest box volume in the country.

It’s a huge loss for India’s ex-im trade too.

...

MOL hikes Asia-southern African rate USD 200 TEU August 15 07 August 2015

Japanese shipping giant will increase rates USD 200 per Twenty Foot Equivalent Unit (TEU) and USD 400 per FEU on cargo from Asia including Indian subcontinent and the Middle East to southern Africa, which includes South Africa, Lesotho and Zimbabwe from August 15.

In a notice to trade, MOL said: "This is to inform that MOL will implement General Rate Restoration (GRR) to all kinds of cargo moving from Asia to southern Africa. This GRR action is essential for us to sustain our service level.

The company said in a statement, "Taking this opportunity, we would like to express our sincere appreciation for your continued support and understanding.”

...

Vallarpadam terminal can benefit much due to Nhava Sheva port strike 07 August 2015

Kochi Port can leverage the opportunities arising out of the ongoing strike at Gateway Terminals at Mumbai’s Nhava Sheva Port to attract some of the waiting shipsto Vallarpadam.

The 5-day strike including the slowdown by RTG crane operators at Nava Sheva has severely disrupted the terminal operations and this has led to waiting of more than 40 mainline container vessels at the outer anchorage.

A senior official in a leading mainline shipping company here said that out of the waiting vessels, there are consignments bound for Hyderabad and Bangalore. Hyderabad alone loads at least 5,000 Twenty Foot Equivalent Unit (TEU) exports consisting of pharmaceutical, co...

River Sea Vessels to transport cargo to northeast via Bangladesh 07 August 2015

Minister of State for Shipping P. Radhakrishnan said, India and Bangladesh have signed an agreement that will allow river sea vessels (RSV) to transport cargo to India's northeastern region via Bangladesh.

"India has signed a bilateral Coastal Shipping Agreement with Bangladesh," Radhakrishnan said in a written reply to a question in the Lok Sabha.

He said that the agreement included movement of cargo through RSVs or equivalent-class ships.

The minister said that "These vessels have lower technical and manning standards compared to foreign-going vessels and are more cost-effective without compromising on the safety of the ship.”...

CoPT mulling building northern berth island 06 August 2015

Cochin Port Trust (CoPT) is mulling building a northern berth island at Cochin Port by using the sand and mud dredged from the International Container Transhipment Terminal (ICTT) at Vallarpadam.

This, along with the proposed nautical depth dredging method, was part of efforts to reduce the cost of maintenance dredging which was eating into CoPT’s financial resources.

However, the new island can be only built by using protective measures. The project is at a nascent stage now, sources said.

Paul Antony, Chairman of CoPT said that "Across the world, ships can berth on both sides of the port. In Cochin, berthing is done only in the southern par...

Nitin Gadkari to represent India at new Suez Canal inauguration 06 August 2015

Road Transport Highways and Shipping Minister Nitin Gadkari will represent India at the inaugural ceremony of new Suez Canal in Egypt on August 6, 2015.

An official statement from Ministry of Road Transport and Highways said, Egypt president Abdel Fattah Al Sisi has invited Prime Minister Narendra Modi to participate in the inauguration of the new Suez Canal.

The statement said that “In view of India’s traditionally warm and friendly ties with Egypt and to re-enforce New Delhi’s continued high-level engagement and political commitment to Egypt under Al Sisi government, the Prime Minister has nominated Gadkari to represent India at the event.&rdqu...

Dhamra Port cargo up 8% in 2014-15 05 August 2015

Adani Group controlled Dhamra Port Company Limited (DPCL) has recorded eight per cent growth in cargo in 2014-15.

Total cargo handled by the port inclusive of import and export traffic, stood at 15.45 million tonnes (mnt) by the end of 2014-15 compared to 14.31 mnt logged in the year ago fiscal. In 2014-15, Dhamra port, a deep draught port off the coast of north Odisha, handled 14.05 mt of import cargo and 1.40 mt of export cargo.

The port's export cargo shrank 65% in FY15 compared to 4.08 mt registered in 2013-14 as curbs on iron ore exports prevailed. During April-June of the current fiscal, the port has handled total cargo of 3.22 mt which includes 2.88 mt ...

Union Ministry of Shipping launches Sagarmala Project 05 August 2015

Union Ministry of Shipping launched the NDA Government's ambitions Sagarmala Project in Bengaluru in the presence of Kaushik Mukherjee, Chief Secretary, Government of Karnataka; Additional Secretary, Union Ministry of Shipping, Principal Secretaries and Senior Officers from the State and Central Governments, stakeholders and representatives from Chamber of Commerce, Railways, FKCCI and FIEO.

Sagarmala has been envisioned to provide ports and shipping the rightful place in Indian economy and to enable port-led development.

The prime objective of the project is to promote port-led direct and indirect development and to provide infrastructure to transport goods t...

Mumbai Port registers overall growth in cargo handling 05 August 2015

Continuing with its record-breaking performance after handling an all-time high cargo volume of 61.61 million tonnes (mt) in the last financial year, Mumbai Port has registered an overall growth of 15% up to July 31 this year against the corresponding period of the previous year.

The highest growth of 55% was registered in the iron and steel segment, followed by 18% in stream/transhipment cargo.

The Port also recorded a rise of 15% in crude oil imports and nearly 13% in POL products (imports). Cargo handled in the Indira Dock Basin registered an overall growth of 15%.

Besides improvements in cargo handling, the Port also recorded enhanced efficiency lev...

JN Port handles second highest container throughput ever in July 04 August 2015

Jawaharlal Nehru Port, India’s No.1 container port, handled 3,98,974 Twenty Foot Equivalent Unit (TEU) in July 2015, 10.6% higher than the June 2015 figure of 3,60,624 TEU.

The July throughput was the 2nd highest monthly figure in the history of the Port, only after the 3,99,419 TEU handled in March 2014, highlighted a release.

Further, JNPCT, the Port Trust-owned container terminal, registered a growth of 13% in volume in July compared to the previous month.

JN Port registered the highest inter-terminal transfer (ITT) of tractor trailers, 15,421 trucks, resulting in 19,249 transactions in July, the highest till date since the start of this initia...

Gadkari says: security audit soon at all Major Ports 04 August 2015

The Minister of Road Transport, Highways and Shipping, Nitin Gadkari, informed Parliament that the government has taken significant steps to improve security at all Major Ports by installing vessel traffic management system (VTMS), issuance of biometric ID cards to port functionaries, acquisition of speed boats, including deploying CISF personnel.

He added that all Major Ports should have surveillance systems with CCTV network.

In the first phase, installation of seven container scanners at Mumbai, Chennai, Kandla and Tuticorin has been initiated. In the second phase, setting up of three x-ray based drive-through (road) container scanners are being carried out at ...

Cochin Port wants approval for Outer Harbour project 03 August 2015

Cochin Port Trust has forwarded a proposal to the Ministry of Defence for approving an Outer Harbour project in the Port.

The proposal involves construction of Northern Breakwater 6,676 m long, Southern Breakwater 4,850 meter long, and development of land area of 2,600 acres abutting the Northern Breakwater and 650 acres abutting the Southern Breakwater.

An inland container depot, viz. Transglobal Inland Container Services, has been operating since April 2012 at Mathilakom, 10 kilometer (km) north of Kodungallur, having 33,000 square feet of operational covered area. It is 40 km from the International Container Transhipment Terminal, Vallarpadam.

As per...

New barge for bunkering at Cochin Port throughout the year 03 August 2015

1500 tonne capacity barge has been deployed at Cochin Port for bunkering 24x7 throughout the year.

This barge can supply bunker to transiting ships in the outer roads even during monsoon.

The barge, chartered by M/s Geostan Marine Private Limited, with a capacity of 1500 tons can carry 1400 MT of black oil and 200 MT of white oil.

It has been deployed to provide bunker to transiting ships in the outer roads of Cochin Port.

The ship built in 2014 is licensed to operate 24x7 throughout the year.

With this the fleet of barges in the bunker trade at Cochin Port has gone up to 6.

...

GPPL shareholders approve raising up to INR 5,000 cr 01 August 2015

Gujarat Pipavav Port Limited (GPPL) today said it has received shareholders consent to raise a total of up to INR 5,000 crore.

The company had approached its shareholders earlier this month through two special resolutions to raise the amount.

GPPL approached shareholders for authorising the Board to "borrow monies that may exceed aggregate of the paid-up share capital and free reserves of the company provided the total amount shall not at anytime exceed INR 2,500 crore or the aggregate of the paid-up share capital and free reserves of the company, whichever is higher," it said in a BSE filing.

Similarly, through another special resolution, the...

Iron-ore terminal to be modified for handling coal 01 August 2015

The iron ore terminal at Kamarajar port in Ennore, now lying idle, will be modified to handle coal for private firms.

The successful bidder will have to invest nearly INR 580 crore in the project.

The terminal’s concessionaire Sical Iron Ore Terminal Limited can exercise the Right of First Refusal (RoFR) and match the revenue share offered by the highest bidder.

The iron ore terminal has been idle for five years following an export ban on iron ore.

In August 2014, Sical submitted a proposal to Kamarajar Port Limited (KPL) to modify the existing iron ore terminal to handle common user coal by offering 52.524% as revenue share to the port...

Gateway to set up CFS, warehouse at Krishnapatnam Port 31 July 2015

Gateway Distriparks Limited, a port-based logistics firm, will set up a container freight station (CFS) and warehouse at Krishnapatnam Port near Nellore in Andhra Pradesh.

A CFS is a facility licensed by the customs department to help decongest a port by shifting containerized cargo and carrying out customs-related activities outside the port area.

Gateway Distriparks has acquired about 48 acres of land near Nellore in Andhra Pradesh for setting up a CFS and warehouses, the company said in a statement.

Gateway Distriparks operates two CFS each in Jawaharlal Nehru Port near Mumbai and Chennai Port and one CFS each at Vishakhapatnam and Kochi ports.

...

Cochin Shipyard to launch new FPV 31 July 2015

Cochin Shipyard Limited has launched the 17th of the 20 Fast Patrol Vessels (FPV) being built for Indian Coast Guard.

The vessel was named ‘ICGS ARUSH’ and launched by Jyothi Devanand, wife of DIG G Devanand, Coast Guard Refit & Production Superintendent.

CSL has so far delivered 13 vessels in the 20-vessel series and the 14th vessel ICGS Apoorva is scheduled for delivery on July 31. The 13th vessel ICGS Anmol was handed over to Coast Guard on June 1.

...

Kamarajar Port continues to lead in car exports 28 July 2015

Export of vehicles from the eastern port is getting severe with L&T Kattupalli Port jumping onto the bandwagon.

Still, Kamarajar Port at Ennore continues to hold an edge over the Chennai Port (ChPT) in terms of car, truck and bus exports.

L&T Kattupalli has started exporting trucks and earthmovers since June 2015. While Kamarajar Port Limited (KPL) showed an 11% increase in its car export volume during the first quarter of 2015-16.

From April to July 15, 2015, Kamarajar Port handled 47,464 units against 42,664 units for the corresponding period last year.

During the period under review, ChPT shipped 44,530 cars against 59,569 cars in ...

Centre eyes developing a port in Bangladesh 28 July 2015

India Government has set its eyes on developing the Payra port in Bangladesh. Building foreign ports is part of a new manoeuvre, for thwarting China’s growing influence in the region.

The Payra port is located in Patuakhali district of Southern Bangladesh, on the Bay of Bengal. Over USD 3 billion investments would be required for the port project. HR Wallingford, a UK based marine consultancy company, has been mandated to prepare a master plan for the port development.

A senior Shipping ministry official said after Prime Minister’s Narendra Modi’s early June visit to Bangladesh, initial studies have been commenced for Payra port in the ministry. ...

Cargo handling stalled at Paradip Port 26 July 2015

Over five lakh tonne of imported limestone have been lying at Paradip Port dockside for more than two weeks following a tussle, involving dumpers owners' association (DOA) and a stevedore company. Port sources said the cargo was meant for Jindal Steel Company. 

"We are trying to resolve the dispute between the two parties," traffic manager of the port Damodar Nayak said on Friday.

The DOA has been cautioned against disrupting the cargo handling work. The sources said trouble started when a payload machine rammed a dumper on July 6 and damaged it, a day after the ship berthed at the port with the cargo.

"The DOA asked the stevedor...

Kamarajar Port continues to lead in car exports 26 July 2015

Export of vehicles from the eastern port is getting severe with L&T Kattupalli Port jumping onto the bandwagon.

Still, Kamarajar Port at Ennore continues to hold an edge over the Chennai Port Trust (ChPT) in terms of car, truck and bus exports.

L&T Kattupalli has started exporting trucks and earthmovers since June 2015. While Kamarajar Port Limited (KPL) showed an 11% increase in its car export volume during the first quarter of 2015-16, ChPT reported a nearly 25% decline due to traffic congestion issue. From April to July15, 2015, Kamarajar Port handled 47,464 units against 42,664 units for the corresponding period last year.

The major contribu...

Bharati Shipyard board to take call on changing name next week 25 July 2015

Bharati Shipyard today said its board will take a call on changing the name of the company to Bharati Defence And Infrastructure Limited in a meeting to be held next week.

"A meeting of the board of directors of the company will be held on July 31, 2015, inter alia, to consider subject to all necessary approvals, change of name of the company from 'Bharati Shipyard Limited' to 'Bharati Defence And Infrastructure Limited'," Bharati Shipyard Limited BSE 4.83 % said in a regulatory filing.

The firm further said the board will also consider the change of "Objects Clause" of the company to enable it to foray into defence products and...

Soon, LPG import terminal at Kochi 25 July 2015

The long awaited Kochi LPG import terminal will soon become a reality, with the Cochin Port Trust (ChPT) entrusting the jetty construction works to a private firm.

The INR 217.33-crore work has been awarded to RKEC Projects Private Limited, Visakhapatnam, to set up a Multi User Liquid Terminal (MULT) to enable super gas tankers to anchor at the jetty at Puthuvypeen.

The construction work will be under the supervision of the port on behalf of Indian Oil Corporation and is expected to be completed within 2 years.

MULT is to facilitate mainly the import of LPG by IOC which will do away with the present method of importing through Mangaluru Port and supply ...

Kerala Minister says: Shipyard project to be considered after work starts at Vizhinjam 25 July 2015

Kerala’s Ports Minister, K. Babu, has said that the state government would be considering a major shipyard project after the construction work of Vizhinjam port commences.

Speaking in the Assembly, the Minister said that as per the study report of Cochin Shipyard, Vizhinjam, Poovar and Azhikkal were the best suited for such a facility.

...

MbPT continues Swachh Bharat Abhiyan 24 July 2015

Mumbai Port Trust (MbPT) organised a cleanliness drive at Nadkarni Park, Wadala on July 14, 2015 as part of the "Swachh Bharat Abhiyan".

R. P. Paibir, Secretary, MbPT, flagged off the drive after delivering the cleanliness pledge. He urged port employees to willingly participate in such drives.

Also participating in the campaign were other senior MbPT officers, S. R. Apraj, Trustee of Mumbai Port Trust and the Senior Police Inspector, Wadala Police Station along with his staff. Around 250 employees and their family members too were part of the cleanliness campaign.

The programme also included a tree plantation drive, with saplings being plante...

MLC opposed new satellite port 23 July 2015

An independent MLC Kapil Patil has strongly opposed to develop plan of new satellite port at Wadhwan in Palghar district.

The state government however assured in the legislative council that locals will be taken into confidence before the project take off and it has decided to develop satellite port at Wadhwan.

Maharashtra's Jawaharlal Nehru Port Trust (JNPT), which handles more than half of India's shipping cargo, has decided to build a satellite port at Wadhwan near Dahanu.

The new port will ease congestion at JNPT which is close to Mumbai.

Patil raised the issue in legislative council through calling attention motion said that loca...

Adani Ports issues USD 1.5 bn dollar bond 23 July 2015

Adani Ports, which is in the race to takeover L&T’s Kattupalli Port in Tamil Nadu, has launched its debut dollar bond to raise upto USD 1.5 billion.

The proceeds of the bonds will be used to retire the company's and to fund new projects.

Adani Ports plans to set up Ports in every state in India and has recently received Kerala Government’s nod to set up a INR 4,500-crore Port in Vizhihjam.

Bankers said apart from SBI Caps, the dollar bond is being managed by Bank of America Merrill Lynch, Barclays, Citigroup and Emirates NBD Capital as joint book runners and lead managers.

...

Kerala CM wants cabotage relaxation for Vizhinjam Port 23 July 2015

The Kerala Chief Minister, Oommen Chandy, has urged the Prime Minister, Narendra Modi, to clear the relaxation of cabotage for the proposed Vizhinjam seaport project.

In a letter to the Prime Minister, he stressed that easing the restrictive stipulation for the INR 7,525-crore project was in ‘the strategic and economic interest of the nation’.

Chandy also said that the existing ratio of main line calls versus transhipment in west coast ports, on which the Centre’s new policy draft on cabotage was based, is ‘skewed’.

He said that "This ratio is highly skewed since the period taken is too short and the number of main lin...

MPT seeks to reclaim 3 lakh sqm for new cargo terminal 21 July 2015

The Mormugao Port Trust (MPT) has proposed to reclaim 3 lakh square metres (75 acres) of water area for developing a multipurpose cargo terminal on public private partnership (PPP) mode at west of breakwater at the cost of 950 crore.

MPT has asked the Goa state pollution control board (GSPCB) to conduct an environmental public hearing for the project. MPT has already done environment impact assessment (EIA) and the report has been submitted to the board.

GSPCB has asked MPT to give more copies of the EIA so that it can be distributed to stakeholders before conducting a public hearing.

GSPCB chairman Jose Manuel Noronha said that "MPT has applied fo...

Adani Bets Big on Vizhinjam Port 21 July 2015

The State government will sign the concession agreement for the INR 7,525 crore Vizhinjam seaport project with Ahmedabad-based Adani Ports and SEZ on August 17, Chingam 1.

The construction of the port will begin on November 1, ‘Keralappiravi’ day, and, according to the Adani Ports executive director Karan Adani, it can be completed within the 48-month deadline.

“We see a huge potential for the port. The State government has given a projection of one lakh containers, we see almost 10 lakh containers,” Karan Adani, who is the son of group chairman Gautam Adani, said after a meeting with Chief Minister Oommen Chandy here on Monday.

...

CMA CGM Georg Forster christened in Hamburg 20 July 2015

The CMA CGM Group’s largest vessel, CMA CGM Georg Forster, was christened in Hamburg, Germany.

The new ultra large vessel, a 398-meter-long, 18,000 Twenty Foot Equivalent Unit ( TEU) containership, is the second in a series of six ships of the same size that will enter service for CMA CGM in 2015, joining the group’s fleet of 460 vessels.

The U.K. flagged Georg Forster was delivered to the CMA CGM Group on June 2 in South Korea, when she began her first rotation sailing the group’s French Asia Line (FAL).

She will call 11 different Countries, including stops to ports in China, Malaysia, Egypt, the Mediterranean and the Atlantic coast u...

Kochi Port proposes to lease sites for foodgrain handling 20 July 2015

The Kochi Port has proposed to allot 3-4 acre sites on lease for 30 years to investors for putting up silos for handling foodgrains.

The facility will be allotted on the basis of tender-cum-auction, which will be issued shortly.

The Port has the potential to handle foodgrains in a big way, provided mechanisation of the handling and evacuation is arranged, senior Port official said, adding that such silos and pneumatic pumping systems are the most modern methods to handle foodgrains in bulk.

The decision assumes significance at a time when the Port is experiencing labour shortage especially for manual handling of foodgrains.

Foodgrains are cur...

SSL buys 2 more container ships 19 July 2015

Shreyas Shipping and Logistics Limited (SSL) a Mumbai-based shipping and logistics provider and part of global conglomerate Transworld Group, has acquired two more container ships, taking the total strength to eight.

SSL Bharat with a capacity of 2,959 Twenty-Foot Equivalent Units (TEU) of containers was delivered at Jebel Ali, Dubai, on Thursday.

SSL Chennai of 700 TEU capacity was added to the fleet at Port Kelang, Malaysia on July 14. Following the induction, SSL’s fully-owned subsidiary Shreyas Relay Systems will commence operations to Bangladesh soon.

The acquisition of these container ships would provide increased tonnage and better service ...

Adani Group to discuss Vizhinjam project with Chandy 19 July 2015

A four-member delegation of the Adani Group led by Karan Adani, ED, will hold discussions with Chief Minister Oommen Chandy on Monday to work out implementation details of the INR 7,000-crore Vizhinjam deep sea port project.

Kerala Ports Minister K Babu said, the dates of signing of the concession agreement and commencement will be decided at this meeting.

The state government had issued the Letter of Award to the Gujarat-based Adani Group last week.

Kerala has also asked the Centre to take a decision soon on its request for relaxation of cabotage for the Vizhinjam port.

...

Save Gangavaram port from Adani group: CPM 18 July 2015

The CPM party has condemned the reported move by the D.V.S Raju group to sell its stake of 58% to Adani group and hand over the management of the port to the group. 

Rumours are rife here that the DVS Raju group, holding the majority stake in the port, has already taken a decision to sell its stake for USD 2 billion and hand over the port to Adani group.

In the backdrop, the local CPM leaders at a press meet here on Friday condemned the reported move and wanted the State Government to take charge of the port, if the DVS Raju group wanted to make an exit. The port should never be allowed to fall into the hands of the Adani group, said B. Ganga Rao, the city se...

Adani Ports may acquire Gangavaram Port for USD 2.1bn 16 July 2015

Adani Ports & Special Economic Zone (APSEZ) has entered into exclusive talks to acquire Gangavaram Port near Vishakhapatnam in Andhra Pradesh for USD 2.1 billion, a deal which could make the company a dominant player on the Country's eastern seaboard to capture the freight traffic in Bay of Bengal.

This could be the biggest acquisition for Adani Group, spearheaded by 53-year-old Gautam Adani, pipping its USD 2-billion Abbot Point Coal Terminal buy in Australia four years ago. Adani's acquisition offer, through a fully leveraged route, comes more than a year after its USD 1-billion Dhamra Port acquisition on the east coast in Odisha.

The USD 10-billion ...

Cargo throughput at Major Ports up marginally in Q1 2015-16 16 July 2015

During the first three months of FY16, cargo throughput at Major Ports has registered a 4.5% growth over the corresponding period of the previous fiscal. The growth was supported by an increase in all cargoes except iron ore (-62%).

Coal volumes picked up sharply in the last few months and growth was significant at 16% year-on-year (yoy) as the demand due to domestic shortfall was further supported by prevailing low global coal prices, according to an analysis by ICRA.

In FY15, total cargo handled at Indian ports is estimated to have registered a modest increase of 5.4% to 1,043 million tonnes (mt) from 976 mt during FY14. The growth was pegged down by a relativel...

Govt. plans to setup two Satellite Ports in J&K 16 July 2015

The Centre has proposed to set up 2 satellite (dry) ports in Jammu and Kashmir to facilitate "direct import and export" and has sought 300 acres of land from the State Government for the purpose, even as it plans to undertake highway projects worth INR 25,000 crore in the state this year.

Union Transport Minister Nitin Gadkari said the Narendra Modi dispensation is also willing to spend INR 500-600 crore to set up about 10 'Roadside Amenities' units along the state's expanding highway network if the Jammu and Kashmir Government provides land for such facilities.

Gadkari said that "I have proposed to Nirmal Singh, Deputy Chief Minister, t...

ChPT looking to take over berths at Karaikal port 16 July 2015

The Chennai Port Trust (ChPT) is exploring the possibility of taking over one or two berths at Karaikal port, a private port in Puducherry operated by the Chennai-based Marg Group, to handle bulk and dry bulk cargo.

Since there is no precedent or specific guidelines for a major port to take over a port/private berth, the ChPT has asked the Indian Ports Association (IPA) to formulate a business plan for this proposal, said sources.

Sources said that the ChPT is now formulating a business plan to look at alternative modes of development to increase cargo volume, improve financial position and sustain operations.

There has been a significant drop in cargo ...

Cochin Port joins deep draught club 15 July 2015

Cochin Port has joined the club of deep draught ports in the world servicing 14.5-metre ships with the call of the main line container vessel M V Petrohue on July 13, 2015 at the Vallarpadam International Container Transhipment Terminal (ICTT).

M V Petrohue is part of the shipping service GALEX (GLX—a consortium of ESL, KMTC, RCL and Hanjin) connecting Pusan, Shanghai, Ningbo, Chiwan, Singapore, Port Klang, Colombo, Cochin, Nhava Sheva, Mundra and Jebel Ali. GALEX, having seven vessels of 6,500 Twenty Foot Equivalent Unit (TEU) capacity each, reinforces Cochin Port’s position as a transhipment hub with state-of-the-art facilities. GALEX vessels will call at Cochi...

VOC Port achieves new single-day handling record 15 July 2015

V. O. Chidambaranar Port, Tuticorin created a new record on July 10, 2015 by handling 1,61,108 tonnes in a single day, surpassing the previous single-day record of 1,48,116 tonnes achieved on March 28 this year.

S. Anantha Chandra Bose, Chairman of the Port, while thanking all the stakeholders, officers and Port employees for contributing to the achievement, stressed that the Port was continuously striving to further enhance performance and productivity in order to attract more traffic.

The Chairman requested all those associated with the Port to continue their patronage.

VOC Port handled 10.84 million tonnes and 1.72 lakh Twenty Foot Equivalent Unit (T...

Confederation of Indian Industries hails decision on Vizhinjam port 15 July 2015

The Confederation of Indian Industries (CII) has praised Chief Minister Oommen Chandy for clearing the Vizhinjam port project.

Hari Krishnan Nair, CII Kerala Chairman, said in a statement, “The CII congratulates the Chief Minister for taking a strong decision while clearing the Vizhinjam international port project, given the immense pressures from different directions.”

“This decision will give the much-needed boost to the industry of this region.”

He hoped the project would be implemented on a fast-track basis and that the subsequent governments would encourage the speedy implementation of the project. The fast execution of the ...

Govt. issues LOA to Adani Ports 14 July 2015

The government on Monday issued Letter of Award (LOA) to the multi-port operator Adani Ports and Special Economic Zone Limited (APSEZ), informing them that their bid to build the port superstructure and operate the Vizhinjam International Multi-Purpose Seaport has been accepted.

The LOA was issued on the basis of the June 10 Cabinet decision to accept the sole bid submitted by Ahmedabad-based APSEZ that was recommended by the board of Vizhinjam International Seaport Limited (VISL), a special purpose vehicle set up to execute the project, and the five-member empowered committee headed by Chief Secretary Jiji Thomson.

The APSEZ has been asked to execute Concession A...

Kochi port to lease out sites for foodgrain handling 13 July 2015

The Kochi port has proposed to allot 3-4 acre sites on lease for 30 years to investors for putting up silos for handling foodgrains. The facility will be allotted on the basis of tender-cum-auction, which will be issued shortly.

The port has the potential to handle foodgrains in a big way, provided mechanisation of the handling and evacuation is arranged, a senior port official said, adding that such silos and pneumatic pumping systems are the most modern methods to handle foodgrains in bulk.

The decision assumes significance at a time when the port is experiencing labour shortage especially for manual handling of foodgrains. Foodgrains are currently being handled...

JSW Group to spend INR 2,000cr in 2 yrs on doubling ports capacity 13 July 2015

A top company official has said that JSW Infrastructure, a part of Sajjan Jindal-led JSW Group, will be investing INR 2,000 crore over the next two years to double its cargo handling capacity to 30 million tonnes per annum (mtpa).

"We have spent INR 1,000 crore and will be investing another INR 2,000 crore in two years," JSW Infrastructure joint managing director and chief executive BVJK Sharma told agency.

He said the company, which operates assets in Maharashtra (Jaigad and Dharamtar) and Goa (South West Port, near Vasco da Gama), has an operational capacity of 15 mtpa, which will go up to 30 mtpa with the investment.

He, however, did not sh...

JNPCT handles highest parcel size of 6,497 TEU 13 July 2015

The Jawaharlal Nehru Port Container Terminal (JNPCT) has created a new record by handling the highest parcel size of 6,497 Twenty foot Equivalent Unit (TEU) (5,076 CTRs) on the vessel m. v. Hyundai Singapore on July 9, 2015.

This surpassed the previous record of 6,063 TEU (4,500 CTRs) on m. v. Hyundai Prestige on November 6, 2014 at the terminal.

It is pertinent to note that this is the largest parcel size ever handled by any of the terminals under JNPT since the inception of the Port, the release emphasised.

...

Nitin Gadkari launches projects worth INR 269 crore in PPT 11 July 2015

Union Minister Nitin Gadkari today inaugurated projects worth INR 269 crore at Paradip Port here, and said a super speciality hospital will be set up in the port town, while a medical college is under consideration.

The Road Transport, Highways and Shipping Minister inaugurated the South Oil Jetty of ten million tonnes capacity, built at a cost of INR 222 crore, for smooth movement of liquid cargo from Paradip Port. Installation of the new oil jetty would lead to enhancement of Paradip Port's cargo handling capacity to 118 million tonnes per annum (mtpa) from 108 mtpa.

This apart, during his visit to the port, the Union Minister laid the foundation stone of IN...

Slowdown in Container growth at Indian Major Ports 10 July 2015

Container volumes via Major Ports in India dipped about 1.5% in June year-over-year as a slump in the country’s global trade continued, according to the latest port statistics.

India’s 12 federal Government-owned major ports cumulatively moved 658,000 Twenty Foot Equivalent Unit (TEU) during June 2015, down from 667,000 TEU in June 2014. Monthly containerized cargo tonnage totaled 9.8 million tonnes, down from 10 million tonnes, the newest data showed.

According to the data, containers passing through the two terminals in the Chennai Port complex increased to 130,000 TEU from 128,000 TEU in June last year.

JNPT and Chennai account for roughl...

G6 Alliance to void four Asia-Europe sailings in July and August 09 July 2015

Member lines of the G6 Alliance have announced the voiding of four Asia-Europe sailings to meet market demand, said a joint statement from the group. Loop 6 service in week 31 (westbound ETA Kaohsiung July 31).

The westbound Kaohsiung call and the eastbound Jebel Ali call will be added into Loop 7 in the respective week.

The westbound Colombo and Nansha calls will be added into Loop 4 and the Fuzhou call will be added into Loop 5, said the group statement.

Loop 7 service in week 32 (westbound ETA Qingdao August 3). The westbound Qingdao call will be added to Loop 4 in the respective week, with the newly added Gdansk call being covered by the Loop 5 in t...

DP World to launch Kochi-Far East service from Vallarpadam 09 July 2015

DP World is trying to give a fresh boost to Vallarpadam terminal with a new weekly direct service linking the Far East to Kochi.

The move assumes significance in the context of Kerala Government’s decision to develop Vizhinjam as a transhipment terminal.

The Far East-based Galex service, operated by a consortium of four operators, will have its maiden call at ICTT (International Container Transhipment Terminal) on July 13.

Galex a consortium of Emirates Shipping Line, KMTC, RCL and Haijin will be operating 7,000 teu (twenty-foot equivalent units) vessels, which is expected to provide adequate capacity to the trade in this region.

Shippi...

Krishnapatnam Port reports big jump in container traffic volume 08 July 2015

The container traffic volume and Customs revenue contribution of Krishnapatnam Port Container Terminal (KPCT) for 2014-15 has reported a big jump.

Last year, the port handled over 91,000 boxes against 58,577 boxes in the previous year. The huge increase in trade volume also resulted in doubling of Customs revenue from INR 970 crore to INR 1,943 crore.

For the current year, KPCT proposes to handle around 1.78 lakh containers. Billed as one of the largest private sector ports, KPCT in the last seven years collectively handled more than 150 million tonnes of cargo.

Last year alone, the port handled 41 million tonnes consisting of cement, granite, rice, was...

Kerala announces Port development works worth INR 850 cr 08 July 2015

Minister for Ports and Fisheries K Babu said, Port projects to the tune of INR 850 crore would be taken up in the coming days in Kerala.

He said that a bunkering service would be introduced to enable refuelling, provide water and other items for big vessels passing through the sea off Kerala coast.

He said that other projects include the INR 763-crore Ponnani port, the foundation stone for which would be laid next month, he said. There are also plans to set up a sand purification plant at the port at a cost of INR 20 crore.

In another major initiative, a INR 20-crore worth dredger and a container handling crane at a cost of INR 14 crore would be made av...

Visakhapatnam Port anchors Largest-ever bulk carrier 08 July 2015

The largest-ever bulk carrier m.v. Han Fu Star from Richards Bay of South Africa anchored at Vedanta berth of Visakhapatnam Port.

Visakhapatnam Port has added yet another feather to its cap when it received m.v. Han Fu Star, the larges-ever bulk carrier it berthed in its history.

Since it was made operational in 1933, the Port received largest-ever Cape vessel generating a lot of interest among port community. Vizag General Cargo Berth Private Limited (VGCBPL), one of the BOT operators of Visakhapatnam Port, received the bulk carrier from Richards Bay, South Africa carrying steam coal for Jindal Steel and Power limited. The ship's over all length is 291.80 M.<...

Visakhapatnam port tops in seafood exports in terms of value 04 July 2015

Visakhapatnam Port continues to emerge as the leading port in seafood exports by value terms during FY-15.

Pipavav Port also maintained its lead quantity-wise garnering a share of 25.27 % out of the total 10,51,243 tonnes of seafood exports from the country during the period. The figures released by MPEDA revealed that exports through Vizag Port fetched a revenue of INR 7,578.27 crore in rupee terms with a 22% share of the total INR 33,441.61 crore, while the dollar earnings was to the tune of USD 1,251.83 holding a share of 10.66% out of the USD 5.5 billion exports.

However, Kochi Port came to the second position both in quantity and value terms with over 15% sha...

ChPT to suspend use of mobile harbour cranes, may be for a month 04 July 2015

The Chennai Port Trust (ChPT) has agreed to temporarily suspend the mandatory use of the newly installed mobile harbour cranes (MHC), until the management reviews the legal aspects and the representations are made. While no time frame has been given, the suspension could last a month, said those who attended a meeting with ChPT Chairman Atulya Mishra.

It said, the association had objected to the port trust insisting that bulk ships calling at the port should compulsorily use MHC, even if equipped with adequate cranes on board. Such a clause adds to the cost of cargo handling.

With the increased cost adding to higher gang charges, as well as a 110% increase in land...

CFS capacity to be raised 03 July 2015

Inkel Limited, along with APM Terminals, is gearing to increase the operational capacity of its container freight station at Vallarpadam, which is currently handling 500 Twenty Foot Equivalent Unit (TEU) daily.

The CFS, set up by Inkel through an SPV of MFAR, Inkel and VKL Holdings under the name MIV Logistics Private Limited, has emerged as one of the busiest freight stations in the State.

The volume of container movement has considerably increased in the last one year. Inkel Managing Director T Balakrishnan said the station has container traffic of nearly 400 trucks daily. “We are expecting it to rise by another 20 to 30% in the next one year. However, ful...

Gopalpur port set to restart operation by October 03 July 2015

The Gopalpur port in south Odisha, is hopeful of resuming commercial operations in October this year.

The port was struck by very severe cyclonic storm Phailin in October 2013, wreaking damages to its facilities to the tune of INR 250 crore. Efforts to revive operation were thwarted by another cyclonic storm Hud Hud exactly a year after Phailin.

Some portion of the breakwater at the port was damaged due to the lash of high tidal wave under the influence of Hudhud on October 12 last year.

State commerce & transport minister Ramesh Majhi said that "We had a meeting with Gopalpur port authorities. They have assured us that the port would restart n...

KPT handled 43.42 mt cargo in FY14-15 03 July 2015

The financial year 2014-15 has remained phenomenal for KPT as Karachi Port registered a record handling of 43.42 million tonnes (mt) cargo and 1.72 million Container TEU (twenty equivalent units) during this financial year.

Last financial year the handling of cargo remained at 41.35 mt and that of containers remained at 1.59 million Container TEU, hence shows a hefty gain of 8.4% over the year. The ship movement has also gained momentum as more ships have called at Karachi Port. During the ending financial year 2014-15, the ship movement and handling remained at 1,732 ships, whereas last year, it remained at 1,674 ships, hence an increase of 3.46% over last year.

...

ChPT may surrender land at Sriperumbdur to Sipcot 02 July 2015

According to sources, the Chennai Port Trust (ChPT) is likely to surrender 121 acres at Mappedu near Sriperumbdur to State Industries Promotion Corporation of Tamil Nadu (Sipcot) as no private company wants to develop a dry port multimodal logistics hub there because of poor connectivity.

Sipcot allotted the land to ChPT in September 2010 on a 99-year lease for which ChPT remitted INR 100.13 crore as lease charges to develop the dry port under build, operate and transfer (BOT) mode.

If ChPT surrenders the land, it may lose nearly INR 39 crore as Sipcot said that the refundable amount will be INR 61.31 crore. The ChPT has sought a break up of the surrender amount a...

Karaikal port gets its first ship 01 July 2015

The Karaikal Port received its maiden ship MV Caravos Harmony on Sunday.

The vessel carried a load of 72,200 metric tonnes of coal from Indonesia for IL& FS Tamil Nadu Power Company Limited, located at Porto Novo, according to a press release from the port authorities.

G.R.K Reddy, Chairman & Managing Director, Karaikal Port, presented a memento to Anoop Seth, Managing Director, IL & FS Tamil Nadu Power Company Limited, on the occasion.

Sekhar Mahabashyam, General Manager (Port Operations), G. Rajeswar Reddy, General Manager (Projects), A. Robert Roche, Public Relations Officer, Karaikal Port, and senior officials of IL&FS Tamil Nadu Pow...

Cochin Port to improve cargo unloading methods 01 July 2015

An official said that Cochin Port is seriously planning to improve methods of unloading cargo by introducing more automated facilities in view of the increasing labour shortage which was felt recently while handling 31,000 tonnes of wheat from Australia.

The official said that the automated facilities such as silos and pneumatic pump systems would make it smoother to handle cargo, especially bulk foodgrains which are currently carried out using labour-intensive techniques.

With facilities such as silos, the importers could undertake ship-to-shore unloading not only efficiently, hygienically and without operations getting disrupted by rains, it would also minimize ...

KoPT fails again to find operator to run 2 berths at Haldia 30 June 2015

The Kolkata Port Trust (KoPT) once again failed to find an operator to run two berths at Haldia, even though the Port’s tender committee had selected EC Bose & Co. as the lowest eligible bidder last month.

The sudden development took place after the Calcutta High Court ordered a fresh round of price bids after it upheld a petition filed by a consortium which argued that KoPT had unfairly rejected their price bid which, they claimed, was lower than EC Bose’s.

"The acceptance of tender in favour of the respondent no. 5 (E.C. Bose) is set aside. The tender process is thrown wide open. There should be a fresh financial bid," Justice I.P. Muke...

Cargo traffic to get a fillip 29 June 2015

In a welcome development, Shipping Corporation of India has launched SCI Middle East Liner Service (SMILE) from Visakhaptnam last week.

The introduction of SMILE container service from East Coast of India, covering Kattupalli (near Chennai)-Visakhapatnam on monthly basis, has been hailed by traders.

Merchant Vessel Lal Bahadur Shastri called at Visakhapatnam Port with soda ash on account of Vishnu Chemicals and loaded 235 containers for Colombo, Jebel Ali and Mundra Port putting Vizag on global container map.

M.V. Lal Bahadur Shastri brought 66 containers of soda ash and picked up 14 containers with steel, garnet sand and one container on the account of...

Spices export from cochin port declines 29 June 2015

India’s foreign trade is gaining in terms of spices exports, thanks to the weak currency. But Kerala, the land of spices, does not have any reason to cheer as exports from the Cochin port is on a downward trend.

In 2014-15, as many as 72,645 tonne of spices were exported from the port, compared to 74,305 tonne in 2013-14, marking a fall of 1,660 tonne.

The main reason cited for the downturn is a drop in global prices of spices, owing to increase in production in countries like Madagascar and Vietnam. High production cost and stringent quality parameters are the other major factors that has dragged the quantity of spices exported. Even though exports of carda...

JSW Group to spend in eastern ports 29 June 2015

JSW Group is considering new investments in the ports sector on the Eastern coast of the country.

The Group has already invested about INR 1,000 crore on the West coast.

Chairman and Managing Director of the Group, Sajjan Jindal said that the new investments will consolidate the Group’s presence in the sector.

He was addressing media persons after signing a concession agreement with the Railway Ministry and the Government of Maharashtra.

On the West coast, the group has ports in Dharamtar and Jaigarh in Maharashtra. In Goa, it has a port called South West, which provides logistic support to the JSW steel plant in Vijayanagar, Karnataka....

Gujarat Pipavav Port to start again operations 29 June 2015

Gujarat Pipavav Port (APM Terminals Pipavav) today said it has resumed operations following improvement in weather conditions.

The port, the first PPP port in the country and owned by the AP Moller-Maersk Group, had to suspend operations due to the cyclonic weather conditions and breakdown of power supply and communication following massive floods in the regions.

The floods have damaged a section of the rail line connecting the port to Surendranagar.

The port said its officials and the railways are working round-the-clock to resume the rail movement at the earliest.

...

Cosco orders nine 20,000 TEU ships, perhaps 13 ships in all 27 June 2015

China's top maritime conglomerate Cosco has sealed deals for giant containership orders on home soil.

Brokers report Cosco has signed deals for nine plus four options on 20,000 Twenty Foot Equilvnet Unit TEU vessels that will take Cosco Container Lines above one million slots for the first time. 

The ships are split between three Chinese yards. Shanghai Waigaoqiao Shipbuilding (SWS) will build four of them; Nantong Cosco KHI Ship Engineering (NACKS) will build three, with Dalian Shipbuilding Industry Company (DSIC) contracted for two firm orders as well.

The giant ship order will take Cosco Container Lines' fleet above one million slots for...

GSL bags INR 32,000 cr Defence order for 12 minesweepers 27 June 2015

Goa Shipyard Limited (GSL) has bagged a large order for building 12 minesweepers valued at INR 32,000 crore.

The project will be implemented from 2018-2025, said Rear Admiral (Retd) Shekhar Mital, Chairman and Managing Director of GSL, today on the sidelines of a two-day “South Korean delegation meet on ‘Make in Goa’ for Defence and marine ancillary industries.”

Mital said that “GSL and Indian industries are looking at partnering with Korean shipbuilding industry in bringing world class technology to maritime sector of the country and this initiative will go a long way in the making of the Mine Counter Measure Vessel (MCMV) project.&r...

Hindustan Shipyard Limited hands over refitted sub to Indian Navy 27 June 2015

The Hindustan Shipyard Limited (HSL) on Friday morning handed over a refitted -made submarine to the Indian Navy, in what is a major order executed by the shipyard.

HSL Chairman and Managing Director Rear Admiral (Retd.) NK Mishra called it a memorable moment in the shipyard’s history, which had now proved its expertise in refitting submarines. HSL had taken nine years to complete the INR 900-crore project.

He said that “It is the most potent, most modern submarine in the Navy. We are expecting another submarine refitting order from the Navy worth nearly INR 1200 crore.” 

HSL had in January signed a memorandum of understanding wit...

Maersk Line to skip Chennai Port again 26 June 2015

The persistent congestion and frequent strikes have dented the image of Chennai Port Trust (ChPT). Besides, it has also resulted in diversion of cargo.

As a contingency measure, Maersk Line, one of the biggest shipping companies, has once again decided to skip ChPT. Instead it will call L&T Kattupalli Port, which is 30 kilometer (km) away from Chennai, on Saturday.

Even though Maersk’s Chennai Express has been berthing at L&T Kattupalli Port and Krishnapatnam Port, near Nellore, on a weekly basis after visiting ChPT, it is for the second time that Chennai Port was being skipped. Clean environment, quick turnaround time and vast congestion-free space ...

Nitin Gadkari calls for more private investments in shipping industry 25 June 2015

Union Shipping, Highways and Transport Minister, Nitin Gadkari, today called for more private investments in the shipping industry. Investments will include aiding construction of indigenous variants of catamarans, hovercrafts and seaplanes.

According to the Union Minister the Kochi Shipyard has been asked to develop prototypes of such indigenous variants. "I have asked the Kochi Shipyard to develop these indigenous low cost sea faring ships.

Such ships will come in three variants - 30, 50 and 90 seaters", he said during a session organised by the MCC Chamber of Commerce and Industry.

Each of these vessels may cost less than INR 60 crore.

...

Dredger sinking off Kollam port 24 June 2015

A dredger caught in a legal wrangle and lying anchored three nautical miles off the Kollam port has started sinking.

Four crew members on board were on Tuesday rescued by a team from the Neendakara Coastal police station on a directive from the Indian Coast Guard and handed over to Kollam Port authorities.

The four on board were natives of Uttarakhand and Jharkhand. They said the hull developed a crack and water began seeping in, following which the Coast Guard was informed.

After verifying the documents of the four, they were accommodated in a quarters of the Ports Department. The owners were also informed.

It was on March 26, 2013, that the...

Manufacturing zone at Dhamra port soon 23 June 2015

The Odisha government would soon initiate steps to prepare the master plan and the detailed project report (DPR) for a port based manufacturing zone at Dhamra.

The cost of developing infrastructure for the proposed zone is pegged at INR 3,100 crore. Of this, the Government of India is set to contribute INR 1,844 crore while the balance INR 1,256 crore will be borne by the state government. The zone is planned on 7,500 acres of land.

"The DPR and the master plan for the port based manufacturing zone is expected to be ready within six months. The project approval would be obtained by 2016," said industries minister Debi Prasad Mishra after a review of the ...

Great Eastern Shipping Company sells Greatship Akhila ship 22 June 2015

Great Eastern Shipping Company Limited said that it has sold "Greatship Akhila" vessel.

The company said that "Greatship (India) Limited (GIL), a wholly-owned subsidiary of Great Eastern Shipping Company Limited, has sold and delivered the 2009-built 80T Anchor Handling Tug cum supply vessel 'Greatship Akhila', to the buyers.”

However, it did not specify the buyers. With the delivery of this vessel to the buyers, GIL and subsidiaries currently own and operate five platform supply vessels (PSV), eight Anchor Handling Tug Supply Vessels (AHTSVs) and four jack-up rigs, among others, it added.

Great Eastern Shipping Company has ...

CSL wants nod for dry dock in shipyard 22 June 2015

Cochin Shipyard Limited (CSL) has approached the Union Environment Ministry seeking its approval for building a new dry dock within the existing shipyard premises to accommodate very large vessels.

Presenting its case before a high-level Environment Ministry panel recently, the CSL has said the overall length of the dry dock is proposed to be 320 meters out of which 20 meters would be extended in to back water.

The proposed dry dock shall be constructed in maximum 15 acres of land within the existing Cochin Shipyard premises and no additional land shall be acquired for the purpose. The shipyard is located within Kochi city.

According to CSL, the dock wo...

Government planning significant increase in draught at all Major Ports 18 June 2015

The Union Minister of Shipping, Road Transport and Highways, Nitin Gadkari, said, the government proposes to increase the draught at all Major Ports up to 18-20 meters.

He said that this would help in maximising the revenue at a Port, he added, pointing out that there would be a sizeable uptick in revenue if the draught is improved.

An increase in draught by just 2 meters could result in a per tonne revenue difference of up to USD 30. For one, larger vessels can be berthed at a Port having better draught, thereby enabling it to handle more volumes.

It also facilitates improved economies of scale for the lines. Draught has been a major bane at the Major ...

French Naval vessels arrive at Visakhapatnam Port 17 June 2015

French Naval ships Landing Helicopter Dock FNS Dixmude and stealth frigate FMS Aconit arrived at the Visakhapatnam Port on Tuesday on its week-long visit.

French Navy ALINDIEN (Admiral-in-charge of the Maritime Zone of the Indian Ocean) Rear Admiral Antoine Beaussant, commanding officer of FNS Dixmude Captain Pierre de Briancon and commanding officer of FNS Aconit Captain Jean-Pierre Helluy called on Chief of Staff, Eastern Naval Command Vice Admiral Bimal Verma.

During the visit, various operational and social interactions with Eastern Naval Command have been planned. These include amphibious demonstration, sharing of expertise on Humanitarian Aid and Disaster Re...

MSC to launch direct mainline Hazira call on IPAK service 17 June 2015

MSC has announced a new mainline call to Hazira from July 2015 on its IPAK service. Seven MSC 9,000 Twenty Foot Equivalent Unit (TEU) ships will be deployed, offering a fixed-day, weekly service to and from Hazira.

The port rotation is: Nhava Sheva, Hazira, Mundra, Salalah, Gioia Tauro, Valencia, Rotterdam, Antwerp, Felixstowe, King Abdullah, Salalah, Port Qasim, Nhava Sheva The first ship to call at Hazira will be MSC Tomoko/voy IP527R, eta Hazira on July 2, 2015.

MSC has been serving Hazira Port with a dedicated feeder since it opened for operations in 2013. Now, with a direct mainline call, MSC has reaffirmed its commitment to Indian customers, stressed a relea...

Increased movement of containers by road hits rail movement at Chennai Port 16 June 2015

Atulya Misra, Chairman of Chennai Port Trust (ChPT), said, with the rise in movement of containers by road, transportation of cargo by rail at Chennai Port has declined by nearly 20% in the last five years.

Speaking at a session on ‘Business Opportunities with Southern Railways’, organised by the Confederation of Indian Industry (CII),  Misra said that while 33% of the cargo handled at the Port was moved by rail five years ago, it had nosedived to just 13% now.

However, he added that the Port could increase its cargo traffic through rail to nearly 30% once the Railways implements its plan to construct the third and fourth rail lines passing throug...

MOL to increase Asia-southern Africa rate USD 200 TEU from July 1 16 June 2015

MOL will levy an Asia to southern Africa rate increase of USD 200 per Twenty Foot Equivalent Unit (TEU) and USD 400 per FEU from July 1.

Asia includes the Indian subcontinent and the Middle East for the purposes of this rate restoration notice and southern Africa includes South Africa, Zimbabwe and Lesotho.

...

Singapore container traffic fall 10.9% in May to 2.62 million TEU 16 June 2015

The Maritime and Port Authority of Singapore (MPA) data revealed that throughput in May dropped 10.9% year on year to 2.62 million Twenty Foot Equivalent Unit (TEU).

Volumes were stable compared to 2.63 million TEU post in April. In the first 5 months of 2015, the Singapore posted a 2.1% decline to 13.38 million TEU year on year.

...

Wheat packing starts again at Kochi port 16 June 2015

Evacuation of the 31,800 tonnes of wheat that arrived at the Kochi port a week ago is back on stream with packing of the commodity beginning at the port godowns on Monday.

A dispute over wages for packing had stopped the transport of the consignment out of the port area.

The Headload Workers’ Welfare Board oversees supply of labour for packing and transport. However, the packing workers were unwilling to accept the wage fixed by the Board and demanded higher wages.

...

MbPT to launch Bus service within the Indira Dock precinct 12 June 2015

Mumbai Port Trust (MbPT) has introduced bus service within its Indira Dock precinct from 10.6.2015 in collaboration with the BEST.

Four buses will operate daily at the time of commencement of shifts between the labor booking point at Yellow Gate, Indira Dock and Port's deep drafted berths at BPS/BPX and 18 Indira Dock and Harbour Wall Berths transporting around 600 dock workers to their work spots.

Provision of this service would reduce the average commuting time of forty-five minutes from the booking point to the point of work to about five minutes. This saving in worker's reporting time will reduce the idle time of ship at berth, improve ship berth day o...

Adani firms to raise INR 25,000 cr via bonds 10 June 2015

The USD 10-billion Adani group will raise around INR 25,000 crore through global bonds in the next couple of months through two of its companies Adani Ports and Adani Transmission to reduce interest costs and finance new projects.

This follows a restructuring in its flagship Adani Enterprises, which has created focused businesses in ports, power, transmission and mining.

Adani Ports plans to raise INR 15,000 crore, while Adani Transmission looks to mop up around INR 10,000 crore after paying off debts from Indian banks. The fund-raising will reduce the overall costs related to debt servicing for the companies.

Gautam Adani, Adani group Chairman said, &q...

Cochin Port gets wheat shipment after a decade 10 June 2015

The Cochin Port has started receiving Wheat shipments in this season with the first vessel M.V. PAN EDEL WEISS carrying 31800 Tonnes of Australian Wheat imported for M/s. P.K. Rolller Flour Mills, Kozhikode.

The vessel was berthed at Ernakulam Wharf of the Port on 08/06/2015.

The next shipment is also announced in a fortnight’s time. The Port has made extensive arrangements to store the wheat consignment coming in the Monsoon time.

In a meeting convened at the Kerala Headload Worker Welfare Board, leaders of the Trade Unions operating in the Port have called for concerted effort to handle the cargo with care and evacuate the cargo at the earliest ...

Angre Port gets first commercial cargo vessel 10 June 2015

Angre Port, Jaigad received its 1st commercial cargo ship, MV Fertility, on Sunday, May 31, 2015.

The Tuvalu flag, 21,538 MT deadweight, fully laden vessel arrived from Egypt at a draught of 9.70 metres to discharge 10,160 MT of rock phosphate. This was the first ship to arrive at Angre Port with import cargo.

The Port had earlier received non-commercial and Coast Guard vessels which primarily docked for repairs or for shelter during the monsoon.

Angre Port, at Jaigad - Ratnagiri, is on the west coast of India, approximately 110 nautical miles south of Mumbai and 125 nautical miles north of Goa. A greenfield port constructed by the Chowgule Group of Goa...

L&T Ports starts handling automobile exports 09 June 2015

L&T Ports, Kattupalli, a division of L&T Shipbuilding Limited, has demonstrated its capability to handle exports of fully-built automobiles today when a Roll-On-Roll-Off vessel berthed and took on board trucks and earth moving equipment.

A line of Fuso model trucks, built by Daimler India were loaded into the ship MV Gardenia Ace; also waiting to roll into the vessel was a row of Kobelco cranes. When the Tamil Nadu Industry Secretary CV Sankar flagged off the first truck at the port about 35 kilometer (km) north of Chennai, it became the third major port in the vicinity of Chennai to handle automobile exports.

L&T Ports, a joint venture company between...

VPT moots green channel berth for coastal cargo 09 June 2015

The Visakhapatnam Port Trust (VPT) is moving ahead with plans to operationalise an exclusive `green channel berth` for coastal cargo.

The green channel berth will be able to handle around 1.5 million tonnes (mt) of cargo once it is fully operational and will take around nine months to be complete as the required infrastructure is being set up at the berth, according to VPT sources.

The VPT sources said, VPT will be investing around INR 45 crore in the first phase with an equivalent amount in the second phase as well with the Central Government providing 30% budgetary support to the major port.

A VPT official said that "The point of developing a gre...

India plans to help Bangladesh build new deep-sea Port 09 June 2015

Prime Minister Narendra Modi's visit to Bangladesh is likely to see an contract on India's participation in the construction of a deep-sea port there. The Port, Payra, will be in Patuakhali district on the Bay of Bengal.

The Governments of Britain, Netherlands and China have also shown interest. Officials said a consortium involving different countries could be formed.

Currently, Bangladesh has two Ports. With close to 90% of the Maritime Trade being routed through Chittagong Port, its performance has suffered.

The 2nd port, called Mongla, handles the remaining trade.

The new Port being planned is located between these two. Commoditie...

Visakhapatnam Port to foray into solar power generation 08 June 2015

Visakhapatnam Port Trust (VPT) has decided to foray into generation of solar power.

The port has decided in-principle to produce 15 MW by appointing Solar Energy Corporation of India (SECI) as a consultant. During a video-conference held by the senior officials of Ministry of Shipping, VPT committed to invest in generation of solar power as part of its green commitment.

Visakhapatnam Port Chairman M.T. Krishna Babu said, “We have decided to produce solar power and the modalities will be finalised shortly.”

SECI, a Government of India enterprise, has already signed an MoU with the State government for a joint venture in developing solar parks...

SCI should get used LNG ships till indigenous carriers are built 08 June 2015

The Shipping Minister, Nitin Gadkari, has asked the Shipping Corporation of India (SCI) to acquire used liquefied natural gas (LNG) vessels from the international market to transport the commodity, till such time that such vessels are indigenously manufactured in the country.

The Minister said, "I have given orders to SCI to find secondhand ships."

Though the state-run Cochin Shipyard has a joint venture with Samsung for obtaining technological knowhow for manufacturing very large LNG carriers, constructing such vessels indigenously would take around 5-6 years, Gadkari said.

He said he would talk to the Petroleum Ministry in this regard.

...

Visakhapatnam port attracts global attention 08 June 2015

Visakhapatnam Port is turning into cynosure of all eyes with several diplomats and business delegations from all over the world evincing interest to know its expansion plan and its role in developing Visakhapatnam into a smart city.

The port which launched its commercial operations in 1933 is instrumental in transforming a fisherman village into a growing metropolis. Under attack for open handling of iron ore and coal, Visakhapatnam Port Trust (VPT) authorities have decided to reduce truck movement, strengthen mechanised evacuation system, set up centralised stack-yard and improve road and rail connectivity.

After the visit of a business delegation from China, Gui...

Union Shipping Ministry formulates new plan 06 June 2015

The Union Shipping Ministry, in order to make 12 major ports in the country self-sufficient in terms of power requirement, has drawn up a plan for producing 150 MW of electricity from solar, offshore and onshore windmills, tidal waves and other non-conventional ocean sources.

The Union Minister for Shipping, Nitin Gadkari, said that a plan is being formulated in which rooftops of large warehouses would be used for producing solar and wind power. Electricity will also be drawn from offshore windmills and tidal waves. The project cost is likely to be about INR 1,000 crore, he said.

...

Visakhapatnam port union flays handing over of OHC to Essar 06 June 2015

The United Port and Dock Employees' Federation, affiliated to the CITU, has condemned the handing of the iron ore handling complex (OHC) at the Visakhapatnam port to Essar as an outrageous decision intended to benefit the private company and inimical to the interests of the port and its workers.

The union has urged the authorities to abrogate the agreement and take back the OHC.

In a press release issued here on Friday, the union president, K.S Kumar, and general secretary, V.S Padmanabha Raju, said the OHC, considered the heart of Vizag port, should have been developed with the reserve funds of the port or taking a loan from multilateral lending agency.

...

JNPT to build INR 10,000 cr satellite port at Wadhwan 05 June 2015

Jawaharlal Nehru Port Trust (JNPT), which handles more than half of India’s shipping cargo, has decided to build a satellite port at Wadhwan near Dahanu, bordering Gujarat.

The new port, which will cost INR 10,000 crore to build, will ease congestion at JNPT, which is close to Mumbai. Union shipping minister Nitin Gadkari confirmed the development on Thursday.

JNPT will hold a 74% stake in the proposed port project while the Maharashtra Maritime Board (MMB), owned by the state government, will hold the rest. Both entities are expected to sign a memorandum of understanding (MoU) in this regard on Friday.

According to a senior official in the chief ...

Maersk Line orders eleven 19,630 TEU vessels 04 June 2015

Maersk Line has signed a USD 1.8 billion contract with Daewoo Shipbuilding & Marine Engineering (DSME) to build eleven 19,630 Twenty Foot Equivalent Unit (TEU) Triple-E ships with an option for six more.

"These vessels will help us stay competitive in the Asia -Europe trade and will be key in our strategy to grow with the market," said Maersk Line chief operations officer Soren Toft.

"It is the second order this year and we expect to order more, which we can add to our fleet from 2017," he said, noting the company had announced orders for seven 3,600 TEU feeders.

The new vessels, 400 meters long, 58.6 meters abeam and drawing 16....

China United Lines to launch service between Nhava Sheva & China 04 June 2015

China United Lines Limited (CULines), a rapidly growing, state-owned liner shipping company, has announced the launch of a service connecting Nhava Sheva with China.

The weekly service has the following port rotation: Nhava Sheva (JNPCT), Port Klang, Singapore, Xingang and Qingdao.

It commences with the call of the vessel Seaspan Lebu at JNPCT on June 8, 2015. According to the company, the service offers the advantage of direct calls to two key ports in China, besides Singapore and Port Klang, in addition to fast transit times.

The service is expected to give a further fillip to bilateral trade between the world’s two leading and fastest-growing e...

L&T Kattupalli Port handles Tata Steel cargo 04 June 2015

The call of M.V.Thanh Thuy, carrying steel cargo of Tata Steel Limited, at Kattupalli Port on May 28, 2015, has heralded the beginning of an association between the Indian steel manufacturing major and L&T Kattupalli Port.

The facility had started break-bulk operations in April 2014.

A small ceremony was held on board the vessel to mark the occasion, which saw officials from the Port greet Capt. Nguyen Van Tien, Master of the vessel.

The L&T Ports management thanked Tata Steel and Unitrans Shipping Private Limited for the support extended to Kattupalli Port.

In February 2015, the Port had achieved the landmark of handling 1 lakh tonne...

World Bank funding kicks off Jal Marg Vikas 03 June 2015

The Jal Marg Vikas (National Waterway-1) project, which envisages developing a 1,620 kilometer (km) fairway between Allahabad and Haldia, has taken off with a USD 3.5 million funding from the World Bank.

Inland Waterways Authority of India (IWAI) has said, “The Jal Marg Vikas Project on River Ganga has now taken off with the World Bank extending a project preparation fund (PPF) of USD 3.5 million as advance, which is part of its financial assistance for the project.”

Its spokesperson said three consultancy firms of international repute have been engaged and have commenced work to conduct studies.

Finance Minister Arun Jaitley in the budget h...

Essar Ports ends pact with Port of Antwerp 03 June 2015

Essar Ports today said a strategic pact between the company and Port of Antwerp International has been mutually terminated.

“The Strategic Alliance Agreement executed amongst the company, Port of Antwerp International and Port of Antwerp International UK Limited (“SSA“) has been mutually terminated,” Ruias-promoted Essar Ports said in a regulatory filing.

The filing said, the parties will however continue to work on the ongoing engagements which were initiated under the SAA.

The company had earlier entered into a strategic pact with Port of Antwerp International UK Limited, a subsidiary of the Port of Antwerp.

Shares o...

Paradip Port second position in cargo handling 02 June 2015

The Paradip Port has handled traffic of 71.01 million tonnes (mt) during the year 2014-15, as against the previous year’s traffic of 68 mt, registering a growth of 4.42% year-on-year.

Paradip Port Trust (PPT) maintained its second position in terms of traffic handled among all major ports across the country.

PPT said in a statement,“In the current financial year, Paradip Port is poised to handle 78 mt of cargo. The Port in the first two months of the current financial year (May 30, 2015) has handled 11.66 mt of cargo as against 11.40 mt last year. The cargo growth is already 2.28% more than last year during the same period.”

Similarly,...

CSL delivers ICGS Anmol ship to Indian Coast Guard 02 June 2015

The Cochin Shipyard Limited (CSL) has delivered the 13th of the series of 20 Fast Patrol Vessel -- ICGS Anmol – under construction for the Indian Coast Guard.

The ship will be operated from the Coast Guard station at Haldia.

As on date, 12 ships out of 20 have been handed over to Coast Guard, the 15th ship has been launched, and keel of 16th ship has been laid.

The Shipyard has successfully delivered 12 ships in a span of just 20 months with an average delivery interval of 1.6 months, against the contractual commitment of three months interval.

The last vessel of the order is to be delivered by March 2017 as per the contract with ICG.

Govt. relaxes norms for diesel import through old vessels 01 June 2015

The Government has relaxed norms for import of high-speed diesel and light diesel oil through old ships and vessels that are coming to India for the purpose of breaking.

“Import of High Speed Diesel and Light diesel oil, brought on board in the old ships/vessels for purpose of breaking, and which are incidental to such ships / vessels, is free," the Directorate General of Foreign Trade (DGFT) said in a notification.

The move would give a boost to the ship breaking industry. Alang in Gujarat is the Asia’s largest ship breaking yard, according to an official.

In a separate public notice, DGFT said that the manufacturer or the exporter of ...

Govt. approves coastal shipping contract between India & Bangladesh 01 June 2015

The government on Saturday approved a coastal shipping agreement between India and Bangladesh, to facilitate faster and cheaper cargo movement between the two countries.

The nod was given by the Union Cabinet, chaired by the Prime Minister, Narendra Modi.

According to an official statement, the agreement will bring down freight charges and improve the utilisation of port capabilities of the two countries, besides helping decongest the roads, especially at the land Customs stations and integrated check posts on the Indo-Bangladesh border.

The opening up of the coastal route between India and Bangladesh will provide an alternative route for the transporta...

KPL to invest INR 9,286 cr. for increasing total handling capacity 01 June 2015

The KPL CMD, M.A. Bhaskarachar, said, Kamarajar Port Limited (KPL) plans to invest INR 9,286 crore for the implementation of various projects to increase the total cargo handling capacity by around four-fold to 110 million tonnes per annum (mtpa) in the next three years, up from the current 30 mtpa.

The Port would invest around INR 1,570 crore, while the private sector would pump in INR 7,716 crore for executing the proposed projects, including dredging, setting up new berths for handling automobiles and multi-cargo, coal terminals, LNG handling facility, among others.

The Port was mulling creating a new berth for handling an additional 300,000 cars per annum, as ...

Kamarajar Port eyes INR 9,286 cr investment 28 May 2015

Kamarajar Port Limited (KPL), the erstwhile Ennore Port Limited (EPL), said the port would attract INR 9,286-crore worth investments for implementing various planned projects. While the private sector would pump in INR 7,716-crore investment, the port itself would invest around INR 1,570-crore for executing the proposed projects.

The proposed investment would increase the port's total cargo handling capacity around four-fold to 110 million tonnes per annum (mtpa) in the next three years, up from the current 30 mtpa, MA Bhaskarchar, chairman and managing director of the port, said.

The port is located around 50 km from here, and mainly handles automobile, coal ...

HC orders arrest of cargo ship 26 May 2015

M V Kenanga – a cargo vessel flying a Panama flag and anchored off Tuticorin harbour has been ordered to be kept under arrest by the Madras High Court, as a plaintiff Shivang Trading Company (India) Private Limited of Kutch in Gujarat alleged non-payment of dues to the tune of Rs. 9.82 lakh for supplies made to two other vessels of the company.

Justice R. Mahadevan in a recent order observed that the court was satisfied that a prima facie case had been made out by the plaintiff and said if the vessel was allowed to sail beyond the territorial waters of the country, the plaintiff would have little chance to recover the amount.

The judge said that “There...

SCI registers net profit of INR 200.93 cr for FY 2014-15 25 May 2015

The Shipping Corporation of India Limited (SCI), India’s largest shipping company and a Government of India Public Sector Undertaking, has reported a quarterly profit of INR 101.49 crores for Q4 FY 2014-15 as against INR13.24 crores reported during the same quarter last year. This is the fifth consecutive quarter of reporting profits.

SCI has reported a net profit of INR 200.93 crores for the year ended 31st March 2015, as against a net loss of INR 274.66 crores in the previous year.

While the net income from operations has almost remained flat, the appreciable decrease in various expenses, impact of judicious cancellation of new ship building orders and sal...

Chabahar port to be operational by December 2016 24 May 2015

Union Minister Nitin Gadkari said, India expects the strategic Chabahar port, which will give sea-land access to Afghanistan bypassing Pakistan, to be operational by December next year.

Notwithstanding US objections, India earlier this month had inked a pact with Iran for the development of the port.

Road Transport, Highways and Shipping Minister Gadkari "Work has started on the Chabahar port. There is a joint venture of Kandla Port Trust (KPT) and Jawaharlal Nehru Port Trust (JNPT). We will start port activities in a year or a year-and-a-half.”

He said a draft agreement will be signed within three months in this regard.

Gadkari sa...

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.

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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)