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Indian ports need modern equipment, management techniques

Posted On Friday, August 27, 2010

India needs to set up its own salvage operations company to act swiftly during maritime disasters The collision between MSC Chitra and Khalijia 3 on August 7 that resulted in shutting down of operations of Jawaharlal Nehru and Mumbai ports have raised several questions on whether Indian ports are equipped enough, both on technical and management fronts, to deal with maritime disasters. Apart fro....

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Anti-collision devices, need of the hour

Posted On Friday, August 13, 2010

In order to prevent accidents, Indian Railways must install anti-collision devices that will not only save life but also ensure faster freight movement Anti-collision devices (ACD) conceptualised by Konkan Railways former managing director B Rajaram is yet to make complete inroads in the functioning of Indian Railways. After the collision between Vananchal and Uttarbanga Express in Sainthia in ....

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Transaction cost for traders may come down

Posted On Friday, July 23, 2010

The Government of India is mulling a proposal whereby ports may have to pay penalty to traders in case congestion at ports delays the latters consignments Traders, who have been bearing the burnt of paying high transaction fees due to congestion of their goods at ports, may be able to breathe easy as the Government of India (GoI) is considering a proposal whereby ports may have topay penalty to tr....

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Conversion of major ports to PSUs to bolster shipping sector

Posted On Friday, July 09, 2010

With major port trusts being converted into public sector undertakings, the same is expected to increase the ports autonomy In a move that is set change the dynamics of the Indian shipping sector, the Ministry of Shipping (MoS) is planning to convert major port trusts into public sector undertakings (PSUs), with the process being initiated with the Jawaharlal Nehru Port Trust (JNPT). According t....

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Employee-friendly approach to boost port workers’ productivity

Posted On Friday, June 25, 2010

Flexible and employee-friendly approach will not only boost efficiency of port workers but the same will also ensure that workers do not go on strike demanding better facilities for themselves The efficiency of any organisation depends upon the productivity of its workforce. While the Indian shipping sector may be on a high post-recession, the same cannot be said about port workers. Currently, m....

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Western Railways gets additional 12-coach locals

Posted On Friday, June 11, 2010

Western Railways plans to increase its traction capacity to convert all its 9-coach trains to 12 coaches to ensure smooth journey for commuters Passengers travelling via Churchgate, Borivli, Andheri and Goregaon can heave a sigh of relief with the decision of the Western Railways to convert 35 of its 9-coach trains to 12 coaches on these key routes. Of the 35 trains that have undergone conversion,....

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India-Finland MoC to boost road transportation in the country

Posted On Monday, May 31, 2010

Logistics firms and commuters can expect hassle-free movement in the near future with India signing a memorandum of co-operation with Finland to uplift its road transportation services Road transport system in the country is up for a facelift with India signing a memorandum of co-operation (MoC) with Finlandcovering several aspects aimed at providing world-class road transportation facilities in ....

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Entry of private players to improve transportation in New Delhi

Posted On Thursday, May 13, 2010

The Transport Department of the Delhi government has signed a memorandum of understanding with Star Bus Services Pvt Ltd to run low floor buses before the commencement of the Commonwealth Games Commuters in the national capital can expect a smooth journey from October, with the Transport Department of the Delhi government signing of memorandum of understanding with Star Bus Services Pvt Ltd to run....

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Mechanised ports to aid coal imports in India

Posted On Thursday, April 15, 2010

Establishment of several mechanised ports in the country is expected to boost coal imports in the country, which has been plagued by small and old terminals not capable of entertaining standard size coal vessels Coal imports in India that bore the burnt of small, shallow and old terminals at the countrys ports is set to get a facelift in the coming days, thanks to the establishment of several larg....

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Cabotage law affecting coastal shipping

Posted On Thursday, April 01, 2010

The existing cabotage law allows foreign shipping firms to easily acquire predominance in the country, thereby impeding the growth of domestic shipping firms engaged in coastal shipping Coastal shipping, an important source of revenue generation for Indian shipping firms, is under serious threat coming from foreign-flagged vessels, thanks to the existing cabotage law, which at present is too flexi....

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Service tax imposition jolts railways

Posted On Friday, March 19, 2010

Bringing rail freight under the ambit of service tax is likely to lead to a hike in freight rates of several commodities transported by railways over the next few months Railway minister Mamata Banerjees aim to woo passengers and logistics service providers (LSPs) through her Rail Budget suffered a major blow, when Union finance minister Pranab Mukherjee announced levying of 3% service tax on all ....

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Indian ports unable to utilise allocated funds

Posted On Thursday, March 04, 2010

Mismanagement of port activities and delay in implementation of port projects have resulted in inadequate utilisation of funds by Indian ports, thereby affecting the shipping sectors growth plans While the Indian shipping sector is aiming to scale greater heights in the coming years, one of the major bottlenecks in its growth path is the under utilisation of funds allocated for various projects. A....

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MoS striving to restrict monopoly of private operators

Posted On Friday, February 19, 2010

It is too early to say whether the new set of guidelines drafted by the Ministry of Shipping forbidding private operators from operating two facilities of identical cargo from major ports will actually prevent monopoly of private operators The Ministry of Shipping (MoS) is all set to prevent the monopoly of private players operating from the 12 major ports of the country. MoS has drafted a new set....

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