Search results for: Paradip

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A list of search results

  • 20 May 2019
    Business & Finance

    Dredging Corporation of India (DCI) has won the annual maintenance dredging contracts from Paradip Port Trust and Cochin Port Trust, The Hindu Business Line reports.  These are the first contracts since the central public sector undertaking was acquired by a consortium of four major port trusts – Visakhapatnam Port Trust, Paradip Port Trust, Jawaharlal Nehru […]

  • 21 December 2018
    Business & Finance

    Mercator Limited, one of India’s diversified conglomerates with interests in coal, oil and gas, shipping and dredging, has emerged as the lowest bidder for the Paradip Port maintenance dredging project. According to the tender, which was floated out by Paradip Port Trust, the project includes dredging of 7.0 million CUM over the next three years. Dredging will remove […]

  • 21 July 2014
    Business & Finance

    Inland Waterways Authority of India (IWAI) have signed a Memorandum of Understanding (MoU) with the State Government of Orissa, Port of Paradip and Dhamra for the development and maintenance of viable stretches of National Waterways-5 (some 332 kilometers in length) that will be conducted in two phases. In the first phase, the stretch between Jokadia […]

  • 7 February 2014
    Business & Finance, Equipment, Technology, Vessels

    Dharti Dredging and Infrastructure Ltd. (DDIL), the largest provider of dredging services in the India, has won the contract for the capital dredging works at the New South Oil Jetty dock basin at Paradip Port. This contract was awarded to DDIL by the Paradip Port Trust (PPT), Paradip, the state of Orissa, India. The Paradip […]

  • 28 October 2013
    Business & Finance

    A Memorandum of Understanding (MoU) was signed between Paradip Port Trust and GAIL (India) Ltd. for setting up of a LNG Terminal in Paradip Port Trust. Speaking on the occasion, Minister of Shipping Shri G.K. Vasan said that as a part of capacity augmentation programme of Paradip Port, it is proposed to construct an offshore […]

  • 21 March 2013

    Kandla and Paradip ports are in negotiations with the Shipping Corporation of India (SCI) and Dredging Corporation of India (DCI) to develop a new dredging strategy, reports thehindubusinessline.com. This new plan will include the new joint ventures between the mentioned sides and also doing business together in the dredging sector. Regarding this very important plan, […]

  • 24 December 2012

    Essar Ports Limited, one of the largest private sector port companies in India and part of the US$ 27 billion Essar Group, has announced the commissioning of its 16 million metric tons per annum (MMTPA) dry bulk terminal at Paradip, taking the aggregate handling capacity of Essar Ports Limited to 104 MMTPA. The project involved […]

  • 14 August 2012

    The Noble Group is said to be having second thoughts over construction and operation of a 10-million tonne per annum (mtpa) iron ore berth at the Paradip Port. EXIM India reports that the Paradip Port Trust officials have expressed concern that the Noble Group has not yet made known whether it would continue with the […]

  • 3 April 2012

    Based on the improvements in performance, the Paradip Port Trust draws up ambitious plans to raise its capacity to 251 mt by 2020 and to set up a satellite port in Odisha, according to The Economic Times. Thanks to mechanization and deepening of navigation channels, the Paradip Port raised its capacity to 80 mt per […]

  • 27 March 2012

    The capital dredging works on deepening the Paradip Port’s channels that were launched in 2008, but suspended later on in need of higher capacity dredgers, have been continued this Sunday, IBNLive reports. Namely, due to the failure of the principally engaged cutter and suction dredger of the Dredging Corporation of India, CSD Aquarius, to meet […]

  • 27 September 2011

    A Rs. 1,000 crore expansion of Paradip port in Orissa has stalled because the government is yet to provide it with a forest clearance …   By P. Manoj (livemint) [mappress] Source: livemint, September 27, 2011;

  • 4 April 2011

    Paradip Port, one of the major ports in Orissa, has embarked upon an ambitious plan to expand its cargo handling capacity from the… (newkerala) [mappress] Source: newkerala, April 4, 2011  

  • 5 July 2010

    Aggressively pursuing its expansion plans to substantially raise capacity, Paradip Port is set to have a multi-purpose berth exclusively to handle Clean Cargo and containers at a cost of Rs 387.31 crore. “The dedicated terminal, likely to be operational by 2012, will add five million tonne capacity to the existing installed capacity of 76 million […]

  • 27 February 2020
    Business & Finance

    Chairman of the Paradip Port Trust, Shri Rinkesh Roy, announced today the completion of dredging operations at Mahanadi River Mouth. This work was carried out by a dredger of Dredging Corporation of India Ltd. Chairman, of the PPT during his interaction with the Press today informed that there is a narrow window period between January […]

  • 8 March 2019
    Business & Finance

    The Government of India signed a shareholders agreement today to sell its 73.47 per cent stake in Dredging Corporation of India Ltd (DCI) to four major port trusts for Rs1,056 crore ($150.7 million), The Hindu Business Line reports. The decision to sell the government’s entire stake in DCI to government-owned Visakapatnam Port Trust, Paradip Port Trust, Jawaharalal […]

  • 22 December 2018
    Business & Finance, Equipment, Technology, Vessels

    Dredging Today brings you an overview of the most popular stories from the past week (December 17 – 23, 2018).   Doha Port Dredging Kicks Off The Doha Port Dredging Project is officially underway, the Qatar Government’s Ministry of Transport and Communications (MOTC) said in their latest release.   Mercator Bags Paradip Port Dredging Contract Mercator Limited, […]

  • 9 April 2018
    Business & Finance

    Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest port developer, inaugurated the Phase II Expansion of Dhamra Port on April 7, 2018.  The inauguration ceremony took place in the presence of Naveen Patnaik, Odisha Chief Minister, Nrusingha Charan Sahoo, Minister of Commerce and Transport, Gautam Adani, Chairman of Adani Group, and other dignitaries. During the ceremony, […]

  • 28 September 2016
    Business & Finance

    The Inland Waterways Authority of India (IWAI) signed today three separate Memorandums of Understanding (MoU) with Dredging Corporation of India (DCI), Paradip Port Trust (PPT) and Mormugao Port Trust (MPT). These MoUs are meant to make use of the synergies, strengths and expertise of the ports and dredging sectors to enable IWAI to accelerate the […]

  • 23 December 2014
    Business & Finance

    A Memorandum of Understanding (MoU) has been signed by Inland Waterways Authority of India (IWAI) and Government of Odisha, Paradip Port and Dhamra Port Company Ltd. for developing the commercially viable stretches of National Waterway-5 in two phases. In the National Waterway-5, East Coast Canal has been integrated with the Brahmini river and the Mahanadi delta […]

  • 14 November 2014
    Business & Finance

    Essar Ports Ltd. (Essar Ports), part of the Essar, today announced its unaudited results for the quarter ended September 2014. Here are some highlights of the consolidated results: 1. Revenue for the quarter increased by 1% at Rs. 435.3 crore as against Rs. 431.6 crore during previous quarter (Q1 FY15) and increased by 7% from […]

  • 15 May 2014
    Business & Finance, Equipment, Technology

    Essar Ports Ltd. today announced its audited results for the financial year 2013-14 and for quarter ended March 2014. Mr. Rajiv Agarwal, Managing Director, Essar Ports Ltd. said: “We have started receiving many pending approvals which will ensure early commissioning of our pending projects. With the Start of Operations in Vizag terminal and proposed Commissioning […]

  • 31 March 2014
    Business & Finance, Equipment, Technology, Vessels

    The 38th Formation Day of Dredging Corporation of India Limited (DCI) was celebrated on Saturday night at Port Kalavani Auditorium. Capt. D. K.Mohanty, CMD, DCI cut the cake and addressed the employees, families and stake holders. In his speech he highlighted various progresses made by the Corporation both in achieving a turnover of Rs. 730 […]

  • 23 January 2014
    Business & Finance, Equipment, Technology

    Essar Ports Ltd. today announced its unaudited results for the quarter ended December 2013. Speaking on the key highlights for the quarter, Mr Rajiv Agarwal, Managing Director, Essar Ports Ltd. said: “Our financial results highlight the consistent performance we have shown over the past few years. In the coming quarters, we expect to handle higher […]

  • 16 January 2014
    Business & Finance, Equipment, Technology

    The Union Government today unveiled new policy guidelines for major ports, aimed at helping them leverage their land resources for commercial advantage. Participating in the ‘Ports in India’ annual conference in Mumbai, Shipping Secretary Vishwapati Trivedi said the new guidelines provide necessary regulatory framework for land allotment by major ports. Mr.Trivedi said these guidelines have […]

  • 18 December 2013
    Business & Finance, Equipment, Technology

    Essar Ports Ltd, part of the $39 billion Essar, announced that Essar Vizag Terminals Ltd., a wholly-owned subsidiary of the company, has entered into a concession agreement with Visakhapatnam Port Trust for development and operations of three iron ore berths at Visakhapatnam Port on BOT basis over a period of 30 years. These three berths […]

  • 31 October 2013
    Business & Finance

    Essar Ports Ltd., part of the Essar Group, today announced its unaudited results for the quarter ended September 2013. Speaking on the key highlights for the quarter, Mr. Rajiv Agarwal, Managing Director, Essar Ports Ltd. said: “Our performance is consistent with the growth targets we have set for ourselves and we are confident of delivering […]

  • 27 July 2013
    Business & Finance, Equipment, Technology

    DCI Dredge XX, a latest second trailer suction hopper dredger (TSHD) of the Dredging Corporation of India Limited (DCIL) was joined in the fleet. The dredger that was procured at a cost of Rs. 528 crores from IHC Merwede, The Netherlands, in presence of Shri.M.C.Jauhari, Joint Secretary (Shipping), Capt. D. K. Mohanty, Chairman and Managing […]

  • 24 April 2013
    Business & Finance

    58 port development projects in Public Private Partnership (PPP) mode have been awarded up to 31st March, 2013. Out of these 29 projects have been completed, 16 are at various stages of construction and the remaining 13 have been awarded during 2012-13. A list of 16 PPP projects which are under implementation/construction is given below: […]

  • 17 April 2013
    Business & Finance

    The budget has a high focus on social sector, while nothing new has been done specifically to spur infrastructure spending. The mentioned schemes of take out financing and credit enhancement through IIFCL etc have already been in place. “The government has announced two new Major Ports, one at Sagar in West Bengal and one in […]