JOC
Container throughput at India’s major state-owned ports recorded modest
growth during the first seven fiscal months, compared with the same period
last year, dragged down by slowing global trade, according to port statistics
compiled by JOC.com. The collected data shows the country’s 12 major public
ports cumulatively handled 4.76 million 20-foot-equivalent units from April
to October, up 1.92 percent from 4.67 million TEUs a year earlier. Of that,
the largest container handler of Jawaharlal Nehru Port Trust accounted for
2.61 million TEUs, inching up 0.3 percent from 2.6 million TEUs during April
to October 2014. Volume at Chennai Port, which is India’s second-largest
public container port and busiest on the east coast, was up 1.3 percent to
934,000 TEUs in the seven months through the end of October, according to the
newest data. JNPT and Chennai together account for roughly 80 percent of
total containerized ocean cargo moving via major ports controlled by the
federal government.
Live
Mint
State-owned Mormugao port, located on India’s western coast, has dropped a
plan to deepen its channel to berth so-called capesize ships (the biggest
of the dry bulk carriers) on a public-private-partnership (PPP) basis after
the solitary price bid received in a public tender exceeded the budget. The
project—to deepen the port’s outer channel to 19.8 metres and the inner
channel to 19.5 metres and maintain the water depth at that level over the
next 12 years—was the first attempt by a port in India to implement
dredging work on an annuity basis, a concept followed in the highways sector.
South West Port Ltd, a unit of JSW Infrastructure Ltd, quoted Rs.1,640
crore for the contract, 17.56% more than the Rs.1,395 crore budgeted by
Mormugao. The OP Jindal Group firm tied up with Dutch dredging contractor
Van Oord Dredging and Marine Contracting Co. NV to take up the work.
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The
Financial Express
A three-day shipping secretary-level meeting between Bangladesh and India
will be held in New Delhi from November 16 to 18. Shipping Secretary Shafiq
Alam Mehedi will lead a 12-member Bangladesh delegation to the meeting,
said a Shipping Ministry press release on Thursday, reports UNB. Various
issues, including fixing service charge for naval transit to India through
Ashuganj river port, ratification of protocol regarding the use of
Chittagong and Mongla seaports and draft memorandum of understanding (MoU) over
plying of passenger-carrying vessels between Bangladesh and India, will be
discussed in the meeting.
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