In the customary meeting with the Port Customers and other stakeholder the Chairman JNPT, Shri L. Radhakrishnan announced that the JN Port handled 64.50 million tonnes of total cargo during the financial year 2012-13 retaining its position as the top-most in India for solid cargo and improving its position from third to second in India [...]
The Finance Ministry has given its nod to three Shipping Ministry-controlled entities, Jawaharlal Nehru Port Trust (JNPT), Dredging Corporation of India (DCI) and Ennore Port, to collectively raise Rs 3,500 crore from tax-free bonds, reports indiatimes.com. Regarding this issue, P K Sinha, the Shipping Secretary stated: “For the first time, the Finance Ministry has approved [...]
The Dredging Corporation of India (DCI), Jawaharlal Nehru Port (JNPT) and Ennore Port (EPL) will together raise around Rs 3,500 crore through tax-free infrastructure bonds, reports thehindubusinessline.com. Regarding this plan, P. K. Sinha, the Union Shipping Secretary stated: “They should issue the bonds early next year.” While JNPT will issue the bonds for Rs 2,000 crore to [...]
DP World further strengthened its relationship with India’s premier gateway port, Jawaharlal Nehru Port, yesterday with the ceremonial presentation and formal acceptance of the Letter of Award for the 330 metre new terminal project by DP World Chairman HE Sultan Ahmed Bin Sulayem and port Chairman Shri L Radhakrishnan. The ceremony was also attended by [...]
![JNPT: New Tender for Fourth Terminal (India)]()
Jawaharlal Nehru Port Trust plans to unveil a new tender for the fourth terminal within two months, reports thehindubusinessline.com. Port officials are attempting to improve the conditions of the new tender. “We are finalising a fresh tender. We are working out some changes in the new tender and will be able to come out with [...]
All ports in the country should be dredged to a minimum depth of 14 metres, stated Luxman Radhakrishnan, chairman of Mumbai’s Jawaharlal Nehru Port Trust (JNPT). Radhakrishnan said: “Because of the inability of our ports to handle larger and huge ships, the country has to lose out Rs1,600 crore annually to foreign ports. As such, [...]
![Government: DCI, Ennore, JNPT May Sell Tax-Free Bonds (India)]()
Dredging Corp. of India Ltd, Ennore Port Ltd and Jawaharlal Nehru Port Trust, have been granted approval to sell tax-free bonds worth a combined Rs.3,500 crore this fiscal year, reports livemint.com. Jawaharlal Nehru Port has been allowed to raise Rs.2,000 crore, Ennore Port Rs.1,000 crore and DCI has been allowed to raise Rs.500 crore. According [...]
![India: JNPT Terminates Contract with PSA]()
The Jawaharlal Nehru Port Trust (JNPT) has terminated the contract awarded to Singapore’s PSA International to build its fourth container terminal. The JNPT took action as the Singapore government-owned port operator failed to sign a concession agreement; a document that sets the terms and conditions of a contract and puts a project in motion. This [...]
The Jawaharlal Nehru Port channel dredging project will commence this month and is expected to take two years to complete. The expansion comprises the deepening and widening of the 33.5 km long access channel, the port basins and turning basins. In total, approximately 67 million cubic meters of sand, silt, clay and rock will be [...]
The Mumbai and Nhava-Sheva Ship Agents Association pointed out that the inking of the Jawaharlal Nehru Port dredging plan was a “great achievement for the maritime industry of India.” “MANSA appreciates and applauds the persevering spirit of the current JNPT management in ensuring that this major project of lasting impact in the maritime activity of [...]
