Page 9 - Ports
FM says govt looks at corporatisation, listing of at least one major port
Major ports in the country have an installed capacity of 1,514.09 million tonne per annum
 "FM says govt looks at corporatisation, listing of at least one major port")
Andhra govt proposes Rs 10,000 cr greenfield seaport at Ramayapatnam
It is proposed to be developed as a non-major state port at Ramayapatnam along Andhra Coast," the Expert Appraisal Committee said
 "Andhra govt proposes Rs 10,000 cr greenfield seaport at Ramayapatnam")
Prepared roadmap to increase port capacity to over 3300 MTPA by 2025: Govt
The move is part of National Perspective Plan for the Sagarmala Programme, Minister of State for Shipping Mansukh Mandaviya said in a written reply to Lok Sabha
 "Prepared roadmap to increase port capacity to over 3300 MTPA by 2025: Govt")
Major ports record muted performance on fall in coal, fertilizer cargo
Deendayal Port handled the most cargo among the major ports with a volume of 71.09 mt followed by Paradip at 64.46 mt
 "Major ports record muted performance on fall in coal, fertilizer cargo")
Indian, Thailand ports trusts sign three MoUs to reduce sea travel time
The BIMSTEC region brings together 1.67 billion people or 22% of the world's population
Jindal Steel's import brings first Capesize vessel to Gopalpur Port
Essar Shipping-owned vessel carries 105,000 tonnes of limestone for JSPL; Gopalpur is undertaking an expansion plan entailing dredging of the channel to enable it to receive large ships
 "Jindal Steel's import brings first Capesize vessel to Gopalpur Port")
Plan to tap wind power, establish desalination plants in 3 ports: Gadkari
The proposal to tap wind power from Tuticorin, Kandla and Paradip ports has been discussed with the Power Minister R K Singh, said Gadkari
 "Plan to tap wind power, establish desalination plants in 3 ports: Gadkari")
Major ports post muted growth as coal volumes slide 4% in Apr-Aug period
In corresponding period of FY19, coal cargo had risen by 11%; Overall throughput growth ports at 1.9%
 "Major ports post muted growth as coal volumes slide 4% in Apr-Aug period")
Security at ports on high alert over possible terrorist infiltration
The move comes days after the Navy warned of a possible terror attack from the seaside
 "Security at ports on high alert over possible terrorist infiltration")
Domestic ports turn the tide, register growth amid economic slowdown
Bulk commodities hold the fort for domestic players
Essar Ports' Salaya Terminal registers 160% cargo growth in June quarter
Essar Ports invested Rs 11,000 crore in developing terminals and is currently operating four terminals
 "Essar Ports' Salaya Terminal registers 160% cargo growth in June quarter")
In middle of trade war, America's largest port gets ready for robots
The Los Angeles terminal has already ordered an electric, automated carrier
At 461 MT, major ports witness 4.83% jump in cargo traffic in Apr-Nov
For the period from April-November 2018, nine ports Kolkata, Paradip, Visakhapatnam, Kamarajar, Chennai, Cochin, New Mangalore, JNPT and Deendayal have registered positive growth in traffic
Muted cargo growth makes port firms cautious on short-term investment
Mumbai, 1 October Port cargo growth of only four to five per cent annually over recent years has made Indian companies in the sector cautious on investment for the short term. "At this juncture, (from the industry perspective), it is difficult to think of building port capacity entirely for third-party cargo. With the muted cargo growth that we (industry) have had, it would be risky," said an official with JSW Infrastructure. "A right mix of captive and third-party improves chances of survival, with better utilisation. This means better revenue visibility."The Sajjan Jindal-led JSW Infra has total capacity of 75 million tonnes and aims to touch 200 mt before an Initial Public Offer of equity (IPO), likely in 2020-21."Port investment in the short term is not encouraging, given the cargo growth rate we have had. Overall, one needs to see on a case to case basis, as it will vary upon location and cargo demand in the region, among other factors," explained Anil Yendluri, director and ...
 "Muted cargo growth makes port firms cautious on short-term investment")
High vessel-related charges, smaller draft make rate regime at ports sticky
With deeper draft and pricing flexibility, Port of Colombo still tough competitor for trans-shipment cargo
 "High vessel-related charges, smaller draft make rate regime at ports sticky")
With 3% cargo traffic growth, ports prepare to meet FY18 target volumes
Mumbai Port turns agile, Paradip takes to innovation
 "With 3% cargo traffic growth, ports prepare to meet FY18 target volumes")
Adani Ports: Opening the door to India
Mundra Port has set a global benchmark with investment in latest technology, says Dr Wilfried Aulbur
 "Adani Ports: Opening the door to India")
Major ports may raise Rs 50,000 cr loans in US dollar: Nitin Gadkari
This is for the first time that the Centre-owned major ports are raising foreign denominated loans
 "Major ports may raise Rs 50,000 cr loans in US dollar: Nitin Gadkari")
Major ports see 169% surge in iron ore handling in April-January
A Fitch arm last month said country's iron ore output is projected to grow to 185 MT in next 4 years
 "Major ports see 169% surge in iron ore handling in April-January")
India can save $30 bn by moving part of trade closer to ports by 2020: EY
The EY report 'Knowledge Paper on Port Sector' was released by Andhra Pradesh Chamber of Commerce
 "India can save $30 bn by moving part of trade closer to ports by 2020: EY")
