• Posted On Monday, September 06, 2010

    India needs to revamp its logistics infrastructure as the country suffers a loss of US$65 billion every year owing to poor logistics services According to a report jointly brought out by the Confederation of Indian Industry (CII) and Amarthi Consulting, India suffers a loss of US$65 billion every year due to poor logistics services. The report also states that the country suffers this loss due to ....

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  • Posted On Friday, September 03, 2010

    The government has asked the maritime states in India to formulate a strong oil spill contingency plan for speedy clearance of oil spills, whenever such a situation occurs The government seems to have woken up to the need of having a strong oil spill contingency plan in order to clear oil spills following maritime disasters. Speaking to the press after the 12th meeting of the Maritime States Devel....

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  • Posted On Thursday, September 02, 2010

    The combined capacity of major and non-major ports is all set to cross one billion tonnes this month The domestic port sector will soon create history, with the combined capacity of major and non-major ports set to surpass one billion tonnes in September 2010. Currently, the combined capacity of the ports stands at 996 million tonnes and with further capacity addition of 19 million tonnes by the G....

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  • Posted On Friday, August 27, 2010

    Land Policy for Major Ports 2010, details of which is mentioned in the MoS website, will be finalised in a months time to ensure more transparency in allotment of port land, among others The Indian shipping sector is well and truly on the course of a gigantic leap. After announcing that the sector will soon have a new maritime policy, the Ministry of Shipping (MoS) now proposes to issue a revised ....

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  • Posted On Thursday, August 26, 2010

    The proposed new maritime policy to remain valid for a decade would focus on key areas of development in the Indian shipping sector In a bid to boost the countrys maritime sector, the Ministry of Shipping (MoS) plans to introduce a new maritime policy, which would replace the existing National Maritime Development Programme (NMDP) set to expire in 2012. In all likelihood, the policy would be intro....

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  • Posted On Tuesday, August 24, 2010

    Apart from handling cargo, Karaikal Port Private Limited has also taken up the responsibility to ensure that cargo reach the doorsteps of consumers safely Developed by Marg International, Karaikal Port Private Limited (KKPL), a private port located in the Karaikal district of Puducherry, which became operational in April 2009, is fast emerging as a port offering more than just cargo handling facil....

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  • Posted On Thursday, August 19, 2010

    Relaxation in the cabotage law will help to clear congestion at Jawaharlal Nehru and Mumbai ports as well as allow them time to become fully operational Foreign flagged vessels bound for Jawaharlal Nehru and Mumbai ports that were unable to unload cargo due to collision between containers MSC Chitra and Khalijia 3 on August 7, now have a reason to rejoice. The Directorate General of Shipping has r....

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  • Posted On Thursday, August 19, 2010

    Radio taxi and car rental operators are expanding their fleet size to cater to large number of tourists coming to watch the Commonwealth Games While of late the Commonwealth Games (CWG) have been in news for all wrong reasons, it is expected to throw open huge business avenues for radio taxi and car rental operators in the national capital. Anticipation of large number of tourists coming to watch ....

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  • Posted On Wednesday, August 18, 2010

    Setting up of the State Maritime Board will help Keralas shipping sector to become more competitive and attract private investments Kerala could be the next Indian state to have its own maritime board after Tamil Nadu, Andhra Pradesh, Orissa and Gujarat. The state minister of ports V Surendran Pillai has said that a decision in this regard will soon be taken and the State Maritime Board will imple....

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  • Posted On Monday, August 16, 2010

    Due to shutdown of operations at Mumbai port, M V Umlma carrying 73,000 tonnes of crude called at Kochi port on Wednesday afternoon Mumbais loss could be Kochis gain, if not fully then certainly to some extent. Vessel M V Umlma, which was due to call at Mumbai port, anchored at Kochi port on Wednesday as the former has been shut down due to blockade of channels by containers falling from MSC Chitr....

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  • Posted On Wednesday, August 11, 2010

    Containers falling off from MSC Chitra have blocked main channels leading to Jawaharlal Nehru and Mumbai ports, thereby hurting traffic At a time, when the Indian shipping industry is striving to march ahead, here is a dampener. The collision that happened between container vessels MSC Chitra and Khalijia 3 on August 7, is not only polluting the environment, but the same is hurting traffic at two ....

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  • Posted On Tuesday, August 10, 2010

    The Ministry of Shipping announced that it will award 25 port projects under public-private partnership model in the current financial year, which will equip major ports to better compete with the non-major ports In yet another major step to boost capacity of the major ports in the country, the Ministry of Shipping (MoS) has announced that it would award 25 port projects,under public-private par....

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  • Posted On Monday, August 09, 2010

    In its audit performance report, the CAG of India has expressed concerns about delay in implementation of the ambitious dedicated freight corridor project and several other capacity expansion projects undertaken by Indian railways In its audit performance report of Indian Railways tabled on Tuesday in the Parliament, the Comptroller and Auditor General (CAG) of India has expressed concerns over th....

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