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  • 12 March 2012

    JNPT, Mumbai’s largest container port, is looking forward to awarding a tender for the Rs 1571-crore dredging project in the city harbor this month, reports IBN Live. Jawaharlal Nehru Port Trust (JNPT) chairman, L Radhakrishnan, told PTI that he had the bids and that he expected the ministerial nod by the end of the month. […]

  • 9 March 2012

    The Ministry of Shipping, in consultation with the Ministry of Human Resource Development (HRD) has worked out an amicable settlement of the issue of providing employment or other forms of relief to the master list candidates who happen to be the children of medically invalidated and deceased employees of Visakhapatnam Port Trust (VPT). The issue […]

  • 7 March 2012

    Shipping operations in the Azhikkal port have increased following the ongoing dredging on its outer and inner channels, reports The Hindu. The port is eagerly waiting for a Rs. 150 crore development project which is expected to turn this riverine port into a major intermediate port in the State. Dredging activities currently being conducted are […]

  • 1 March 2012

    The Cabinet Committee on Infrastructure today approved the project of deepening and widening of Mumbai Harbour Channel and Jawaharlal Nehru Port Channel (Phase-I) of Jawaharlal Nehru Port Trust (JNPT) at an estimated cost of Rs.1571.60 crore with a direct dredging cost of Rs.1398.97 crore (including service tax 10.3%), Rs.42.07 crore towards other related items like […]

  • 29 February 2012

    The Business Standard reports that Ennore Port Ltd is planning to raise around Rs 1,000 crore through tax-free bonds to support its expansion and infrastructure development. “We had approached the shipping ministry to raise the money through tax-free bonds and it, in turn, had asked the finance ministry’s nod and the Central Board of Direct […]

  • 29 February 2012

    Adani Ports and Special Economic Zone (APSEZ), India’s largest private multi-port operator and part of the Adani Group, a global integrated infrastructure player, announced it had received the letter of intent from the Kandla Port Trust, a Government of India body, to set up a dry bulk terminal at the Kandla Port on build, operate […]

  • 28 February 2012

    A Memorandum of Understanding (MoU) setting out the performance targets for 2012-13 for Ennore Port was signed between the Ministry of Shipping and Ennore Port Limited (EPL) in New Delhi today. Shri K.Mohandas, Secretary, Ministry of Shipping and Shri S. Velumani, Chairman and Managing Director, EPL signed the MoU. Ennore Port Limited, a Mini-Ratna Category-I […]

  • 28 February 2012

    Mr. G.V.L. Satya Kumar, Deputy Chairman of Visakhapatnam Port Trust, strongly believes that it is necessary to look into the possibility of adopting more dredging projects in the public-private partnership mode (PPP), reports Business Line. Upon inaugurating an orientation program on public-private partnership projects in ports organized by the Union Ministry of Shipping and hosted […]

  • 24 February 2012

    Another three armament shells were discovered in the mud lodged inside the dredger undergoing repair work at Western India Shipyard Ltd dock at Mormugao port after four workers were injured in an explosion reported on Wednesday. An investigation is being conducted and the shells have been sent to the naval armament depot in Dabolim. S […]

  • 24 February 2012

    The CBI has registered an FIR at the CBI Special Court in Kochi against a naval officer and the Managing Director of a private dredging company in connection with the sand mining scam at Ezhimala Naval Academy. The case relates to the illegal selling of sand worth 1 .4 crore rupees dredged at the Naval […]

  • 22 February 2012

    Indo American Chamber of Commerce (IACC), Tamil Nadu successfully hosted a first of its kind B2B meet on US – India Business Growth opportunities in Shipping and Logistics on February 20, 2012 in Chennai. Francisco Sanchez, Under Secretary of Commerce for International Trade, U.S Department of Commerce presided over the event as the Chief Guest […]

  • 21 February 2012

      India has invited investors from the US to participate in the country’s port development plans and earn rich rewards. This invitation was extended by the Union Shipping Minister Shri G.K. Vasan when a business delegation from USA led by Undersecretary to the Government of the United States of America, Mr. Sanchez met him in […]

  • 20 February 2012

    IACC is holding a B2B luncheon meet on the 20th of February at Grand Hyatt, Chennai where the delegation will present and also hold one-to-one meetings to explore business opportunities of working together. Francisco Sanchez, Under Secretary of Commerce for International Trade, U.S Department of Commerce is the Chief Guest while Jennifer McIntyre, U.S Consul […]

  • 20 February 2012

    In a bid to revive the much awaited water transport system in the City, the government has started dredging of… (greaterkashmir) [mappress] Source: greaterkashmir, February 20, 2012

  • 20 February 2012

    The capacity at Indian ports is likely to increase to 3200 million tonnes by 2020 from the present level of 1170 Million Tonnes. The Indian Ports are aiming at a surplus capacity of above 25% in order to provide berthing facilities on arrival of the ships. The proposed investment during the next ten years is […]

  • 17 February 2012

    To advance its connectivity with the rest of the South Asia region, India is aggressively pursuing infrastructure development across its landlocked country by way of Public Private Partnership (PPP). Shri Montek Singh Ahluwalia, deputy chairman of India’s Planning Commission said that the Indian government has just recently opened its doors to the private sector in […]

  • 17 February 2012
    Business & Finance

    Dredging Corporation of India Ltd has announced its Financial Results for the period ended December 31, 2011. The company has posted net profit / (loss) of (Rs.286) million for the quarter ended Dec. 31, 2011 as compared to Rs.96.3 million for the quarter ended Dec. 31, 2010. Total income was at Rs.777.1 million for the […]

  • 17 February 2012

    The public works department has floated a tender that would allow a private contractor to remove sand from the Adyar river… (timesofindia) [mappress] Source: timesofindia, February 17, 2012

  • 15 February 2012

    Adani Group and Kandla port plans to join hands to develop a satellite port at Tuna, roughly 20-km away from Kandla. Developing this satellite port will entail an investment of Rs 1.060 crore out of which Adani will have to invest Rs 800 crore and the remaining will be pumped in by KPT mainly for […]

  • 15 February 2012

      The Union government has reportedly identified three locations for setting up another Major Port in Andhra Pradesh, the state Minister for Ports and Infrastructure, Mr G. Srinivasa Rao, said. He said Nakkapalli mandal in the district, Ramayapatnam in Prakasam district and another place in Nellore district were being considered for setting up the port. […]

  • 14 February 2012

      American business delegation plans to visit West Bengal on Friday to strengthen trade ties between eastern India and the USA. This team will mainly comprise representatives from dredging equipment companies, like Ellicott Dredges, DSC Dredge, Great Lakes Dredge and Dock, which are seeking entry and partnership in port and maritime technology sector. However, this […]

  • 14 February 2012

    Krishnapatnam Port now rightfully claims as the deepest draft port in India, as it has started accepting vessels with maximum permissible draft of 18 meters. In such a short span of time, no other ports in India have been able to achieve such a remarkable depth. On 17th July 2008 when the port was dedicated […]

  • 14 February 2012

      With a population of 1.2 billion and the world’s third-largest economy, India remains significantly underrepresented as a player in global trade, and that is something APM Terminals CEO Kim Fejfer is eager to change. “The opportunities for development throughout India, one of the world’s largest and fastest-growing economies, are exciting and energizing and APM […]

  • 14 February 2012

      Mercator Limited (formerly Mercator Lines Ltd.) announced its financial results for the period ended 31st December 2011. The total consolidated income for Nine months ended December 2011 (9MFY1 2) was Rs. 2698 Cr. against Rs. 2044 Cr. in the coresponding period in previous year (9MFY1 1) recording an increase of 32% n YOY basis. […]

  • 13 February 2012

    A Rs 23 crore project that entails dredging and diversion of sewerage to clean up and revive the Karala has been prepared by… (telegraphindia) [mappress] Source: telegraphindia, February 13, 2012

  • 13 February 2012

    National Shipping Board (NSB) Member Sandeep Chandra on Saturday said Visakhapatnam Port had a bright future with massive plans for… (thehindu) [mappress] Source: thehindu, February 13, 2012