Jul 14, 2021 05:35 PM IST
The scheme is aimed at encouraging ship owners to acquire vessels to participate in global tenders, which will also help increase jobs in the sector.
- Jun 09, 2021 06:53 PM IST
The average price of a 20-ft dry container in Mundra at the end of May stood at around $1,550 compared to $1,163 in June 2020, while for Nhava Sheva in Navi Mumbai, it was at $1,700 in May against $1,075 in June 2020, market sources told Moneycontrol.
- May 23, 2021 10:23 PM IST
The Indian Meteorological Department (IMD) has warned that a "very severe cyclonic storm" would impact Indian states including Odisha and West Bengal, where key ports are located.
- Apr 27, 2021 03:43 PM IST
Customs authorities are running the extra mile to quickly clear emergency medical equipment to help stressed hospitals that are running out of oxygen supply. Clearance is much faster now, even though many importers say customs procedures remain very cumbersome.
- Apr 05, 2021 06:58 PM IST
Ports' freight traffic showed a year-on-year increase for the fifth consecutive month in March. Ports' freight traffic boomed in March, rising 16.4 percent on year, the largest in at least a year.
- Mar 17, 2021 01:29 PM IST
Adani Track Management Services’ objective is to look after all the rolling stock and rail tracks of the company. At present, Adani Ports and SEZ has 60 trains and manages a 620-km-long railway track
- Mar 02, 2021 12:32 PM IST
Speaking at the Maritime India Summit, he invited global investors to invest in Indian ports, shipyards and waterways.
- Feb 24, 2021 07:43 PM IST
Ports are considered to be the major growth engines of a country and efficient port management with faster turnaround time holds the key to a nation’s economic development.
- Feb 16, 2021 04:28 PM IST
DFCs have faced many difficulties, the biggest one was land acquisition and the second one was the removal of shifting of utilities.
- Feb 01, 2021 02:36 PM IST
Nirmala Sitharaman said post-enactment of the law, around 90 ship recycling yards at Alang in Gujarat have already achieved HKC-compliant certificates.
- Nov 05, 2020 10:19 AM IST
Instead of a separate urban employment programme, the government believes that its limited resources, due to the impact of COVID-19 on the economy, are better spent on infrastructure outlay.
- Oct 11, 2020 10:21 AM IST
Cargo volumes at these 12 major ports under the control of the Centre that had handled 348.23 MT during April-September of the last fiscal has declined for the sixth straight month in September 2020.
- Jun 07, 2020 12:07 PM IST
Ports like Chennai, Cochin and Kamrajar saw their cargo volumes nosedive over 40 percent, while Kolkata and JNPT suffered a drop of over 30 percent during April-May.
- May 07, 2020 11:09 AM IST
As countries emerge out of lockdowns and the economy and trade links revive, there’s an opportunity for India to attract more global cargo traffic — especially traffic that moves away from China
- Apr 29, 2020 11:00 AM IST
The compensation has been announced for any death due to COVID-19 till September 30, 2019 and the situation will be reviewed after that.
- Apr 13, 2020 03:57 PM IST
There was no truck movement at three Adani ports in the state of Gujarat on the west coast, Mundra, Dahej and Tuna, the sources said. Additionally, berthing of container vessels was disrupted at Mundra, they said.
- Feb 12, 2020 09:38 AM IST
While coronavirus has accelerated the fall in the last few months, there is also a structural weakness in LNG prices, which the current crisis has exposed
- Feb 05, 2020 08:39 PM IST
Development of the port will enable handling of container vessels of 16000-25000 Twenty Foot Equivalents (TEUs) capacity.
- Jan 29, 2020 12:23 PM IST
During the April-December 2019-20, Directorate of Ports at Odisha recorded highest growth in traffic at 64.2 per cent followed by Ports of Tamil Nadu Maritime Board (34.1 per cent), Directorate of Ports, Puducherry, 27.7 per cent) and Ports Management Board, Andaman & Nicobar Islands (25.4 per cent) against the corresponding period of the previous fiscal, as per the report.
- Nov 22, 2019 09:36 AM IST
The only fly in the ointment is opposition to privatisation by the unions
- Jun 21, 2018 07:28 PM IST
On the contrary, traffic handled by about 200 minor ports, either on the control of the state governments or private players, has been on the decline from 2014-15.
- Apr 17, 2018 09:32 PM IST
"Paradip Port, Kamarajar Port & VO Chidambarnar Port under the Ministry of Shipping are all set to pioneer water recycling and desalination of sea water in the port premises," the Shipping, Road Transport & Highways Minister said.
- Mar 19, 2018 06:16 PM IST
The other three sectors, which were not able to attract foreign inflows are - photographic raw film & paper, dye-stuffs and coir, according to the data shared by Minister of State for Commerce and Industry C R Chaudhary in a written reply to the Lok Sabha.
- Mar 04, 2018 01:44 PM IST
Parliament in 2016 had given nod to convert 111 rivers across the country into National Waterways (NWs), in addition to existing 5 NWs, a move to boost movement of goods and passengers via rivers and expectedly reduce the transportation costs substantially.
- Jan 03, 2018 07:13 PM IST
The committee, which will be headed by Finance minister Arun Jaitley, will have representations from other ministries including Shipping and Law. Members from NITI Aayog will also be a part of this committee