Search Result for : Port

The waiver of Rs. 728 per container will be implemented till April 15 on containers ferried by railways to and from the dedicated rakes at JNPCT. The Dollar Business Bureau The move will encourage the trade for usage of rail transportation and reduce the congestion and pollution on the roads around JN Port.In a move to encourage the use of rail transportation within the country, the Jawaharlal Nehru Port Trust Board has decided to waive of handling charges for containers sent to the port via railways for exim (export-import) trade. The waiver of Rs. 728 per container will be implemented till April 15 on containers ferried by railways to and from the container freight services on dedicated rakes at JNPCT (Jawaharlal Nehru ...

The Dollar Business Bureau    APM Terminals Pipavav on Monday announced the acquisition of three new cranes from China. The cranes will be commissioned in a phased manner to replace the existing ones at the port. The new cranes will help in carrying out the vessel operations faster; reduce the turnaround time, and increase efficiency and productivity. Keld Pedersen, Managing Director, APM Terminals Pipavav said, “This is in line with our business expansion plan of increasing the capacity to 1.35 TEUs. We wish to continue to be prepared for growth and work closely with our customers in the EXIM trade.” APM Terminals Pipavav (Gujarat Pipavav Port Ltd.) is a part of APM Terminals global terminal network of 62 operating ports, terminal facilities ...

Source: PIB, Government of India The Inland Waterways Authority of India under the Ministry of Shipping proposes to guide and support Rajasthan government for building an inland shipping port at Jalore. The port and the terminal that are to be created will help develop inland navigation facilities in western Rajasthan and will also bring about socio-economic development of the region. Business development opportunities along the canal for limestone, gypsum, lignite and cement factories are to be explored by the state government. The pre-feasibility report of the project will be done by WAPCOS and they will submit the same within 5 months, duly monitored and guided by Inland Waterways Authority of India. A canal is proposed to be built between Mori creek and ...

Source: PTI Iran has offered to supply natural gas at $2.95 for a urea plant that India will set up at Chabahar port on the Persian Gulf, but New Delhi wants rates to be lowered. With the US and other western powers easing sanctions against Iran, India has been in talks with Tehran to set up a gas-based urea manufacturing plant at the Chabahar port, besides developing a gas discovery ONGC had made. The total investment in the projects will be around Rs.1,00,000 crore, Road Transport, Highways and Shipping Minister Nitin Gadkari said on Wednesday. Asked about the development of the port, he said: “Various ministries will give their report by September 28, based on which a final decision will be ...

Source: PIB, Government of India The second meeting of the inter-ministerial committee on prices and availability of essential food items was held in New Delhi on Monday. The committee reviewed the current status of the arrival of imported pulses and onion. On pulses, MMTC appraised that 2500 MT of the imported Tur will arrive in three tranches at Chennai port and similar quantity of around 2500 MT of Tur will arrive at JNPT in four tranches beginning from September 23. The entire consignment of 5,000 MT of Tur would be received at the two ports by October 20, 2015. To further improve the availability, import of additional 5,000 MT of Tur has also been approved. MMTC has already floated a tender ...

Deepak Kumar | The Dollar Business Road near Delhi Transpor Centre that has not been repaired for the past five years   The poor road condition in and around Punjabi Bagh transport centre — a major logistic hub for exporters in the national capital region — has been making a dent on India’s overseas trade for the past five years. Trucks and container vehicles transporting goods to different ports across the country often get stuck in massive snarls triggered by stationary vehicles broken down due to potholes and encroachment of public space along the roads. Logistic agencies ferrying goods from manufacturing plants to ports face huge losses on a daily basis due to the lack of maintenance. Traders say that the road ...

Source: PTI Road Transport and Highways Minister Nitin Gadkari called on his Egyptian counterpart to discuss ways to improve bilateral ties in the waterways and ports sectors. Gadkari is in Egypt representing India at the inaugural ceremony of new Suez Canal on behalf of Prime Minister Narendra Modi. "Gadkari called on the Egyptian transport minister Eng Hany Dahy here (Cairo)...The two ministers agreed to enhance cooperation between India and Egypt in the area of Inland waterways and port development. An MoU is scheduled to be signed in this regard," an official statement from Road Transport and Highways Ministry said. The Egyptian Minister also expressed keen interest in India's ambitious plans for infrastructure development. It said, "Both leaders exchanged ideas on innovative financing ...

The Dollar Business Bureau Taking note of the falling exports from the country, Finance Minister Arun Jaitley has agreed to take prompt measures to improve competitiveness for Indian exporters in the international market. The government data shows that India’s overall merchandise export in the first two months of the current financial year has contracted by more than 17% to $44.4 billion as against $53.6 billion registered during the same period a year ago. Trade analysts say that the lack of competitiveness of Indian exporters and their product in the global market is the main factor behind the country’s falling exports. On Friday, a delegation of exporters led by SC Ralhan, President of Federation of Indian Export Organisations (FIEO), met the finance ...