Search Result for : Transshipment Zone

Bidhu Bhushan Palo | The Dollar Business Tariff Authority for Major Ports (TAMP) regime inhibited the growth of major ports, says N.N. Kumar, IRS, Chairman, JNPT   Locational advantage, growing demand and policy changes will be the fulcrum around which India’s largest container port, the Jawaharlal Nehru Port, aims to transform and grow to one of the top 10 global container ports in the next five years. Recently, the government announced the establishment of the Special Economic Zone (SEZ) at Jawaharlal Nehru Port Trust (JNPT) at a cost of around Rs.4,000 crore in phase 1. The project will develop free trade warehousing zones for engineering goods sector, textile and other sectors, says the government. The SEZ could also play a big role ...

The Dollar Business Bureau | TheDollarBiz     India’s Ministry of Shipping is taking steps to resolve the long standing dispute between Odisha and the Kolkata Port Trust (KoPT) which will help KoPT and Haldia Port to handle more goods and also benefit the Paradip Port and Odisha government, the ministry says. Traffic handled by KoPT, at around 11.8 milion tonnes, is the lowest among all ports in India. While strategically located, KoPT faces several problems because it is a riverine port and cannot handle large vessels. Allowing KoPT to use Kanika Sands, which is off the Odisha coast, as a trans-shipment zone will help KoPt to handle more cargo and also benefit Haldia port which will in turn ...