The Container Corporation of India (CONCOR) has eased the terms for hiring two container vessels for a period of 10 years to commence coastal shipping operations. CONCOR has eased the terms in view of the […]
Hindustan Infralog Private Limited, a JV of DP World and National Investment and Infrastructure Fund Limited, has emerged as the successful bidder for the development, operations and maintenance of a processing zone/free trade warehousing zone […]
The Indian Ports Association (IPA) has appointed Tech Mahindra as the managed service provider for five major ports – Mumbai, Kolkata, Chennai, Deendayal and Paradip. The decision has been taken with a view to promoting […]
During the first six months (April-September) of the current fiscal year (2018-19), Indian major ports handled 343.26 million tonnes (mt) of traffic, as compared to 326.54 mt in the corresponding period of 2017-18, registering an […]
The Ministry of Shipping (MoS) has cleared a bailout plan for stressed PPP projects at the major ports. In addition, the MoS has cleared the criteria for the identification/classification of stressed projects at the major […]
The MoS has opened a four-month window for PPP cargo terminals at the major ports operating under the restrictive rate regime of 2005 to migrate to the market-driven pricing structure finalised in 2013 for new […]
The fourth cement terminal at Cochin port has commenced operations. The cargo vessel, Penna Suraksha, carrying 25,000 tonnes of cement from Krishnapatnam made its maiden call at the terminal on September 5, 2018.
The V.O. Chidambaranar Port Trust has extended the free storage period in the scale of rates (SoR) of the port for facilitating the movement of containers by rail with effect from August 16, 2018. The […]
The central government has inaugurated two post-Panamax quay cranes and four rubber-tyred gantry cranes at the Visakha container terminal. They have a capacity of handling 41 tonnes of cargo, thereby delivering an increased productivity of […]
The central government has signed a new wage settlement agreement for Group C and D category port and dock workers, with retrospective effect from January 2017. The settlement agreement provides a 10.6 per cent fitment […]
The MoS has relaxed norms for foreign vessels under Section 407 of the Merchant Shipping Act, 1958, for the movement of fertilisers from one port to another within the country. The foreign flag vessels are […]
As of July 31, 2018, the Indian shipping industry had a fleet of 1,389 vessels of 12.74 million gross tonnage (GT) and 19.31 million deadweight tonnage (DWT). Of the total vessels, 936 were coastal vessels […]
A consignment of 1,233 tonnes of fly ash from NTPC Limited’s Kahalgaon power plant – was flagged off at Kahalgaon on National Waterway (NW)-1 for Pandu inland port on NW-2. Two barges of 1,000 tonne […]
The Inland Waterways Authority of India has launched a dedicated portal – Forum of Cargo-Owners and Logistics-Operators (FOCAL) – to provide cargo owners and shippers with real-time data on the availability of vessels. FOCAL will […]
The Chennai Port Trust has decided to grant a flat concession of 70 per cent on vessel-related charges in the port’s scale of rates for coastal vessels carrying transshipment containers. According to the decision, the […]
Essar Vizag Terminals Limited, a subsidiary of Essar Ports Limited, inaugurated the mechanised iron ore handling complex built in the outer harbour of Visakhapatnam port on July 11, 2018. The iron ore handling complex has […]
The Bombay High Court has restrained the Mumbai Port Trust (MbPT) from invoking the bank guarantee of the Dredging Corporation of India (DCI) on a three-year dredging work (2017-18, 2018-19 and 2019-20). The dredging contract […]
During the first three months (April-June) of the current fiscal year (2018-19), Indian major ports handled 174.02 mt of traffic, compared to 167.48 mt in the corresponding period of 2017-18, registering an increase of 3.91 […]
The central government has set September 30, 2018 as the deadline for nationwide radio frequency identification operations. In addition, the government has directed the Tariff Authority for Major Ports to coordinate with the related agencies […]
The Andhra Pradesh cabinet has approved the provision of a concession to Kakinada SEZ Limited for the implementation of the Kakinada special economic zone project. The government will receive a 2.7 per cent share of […]
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