Major ports of India register 6.79% traffic growth in FY2017:
April 12, 2017 Last Updated at 18:53 IST
Outperform private ports for second consecutive year in FY2017. The twelve major ports under the Ministry of Shipping handled a record 647.43 million tonnes (mt) of traffic in 2016-17, registering an annual growth rate of 6.79%, as against 4.32% last year. With this, these ports have out- performed private ports for the second consecutive year.
The top position in cargo handling was retained by Kandla Port that handled 105.44 mt of cargo, registering a growth of 5.39% over last year. This was followed by Paradip Port with 88.95 mt of cargo handled, and an impressive growth rate of 16.45%. Mumbai Port holds the third position with 63.05 mt of cargo handled and growth rate of 3.17% (see more)
KPCT to set up coastal dedicated cargo berth:
TNN | Updated: Apr 12, 2017, 08.21 PM IST
Hyderabad: In line with its ambitions to emerge as a coastal cargo hub on the east coast of the country, Krishnapatnam Port Container Terminal (KPCT) has decided to set up a dedicated coastal cargo berth by May end to handle the growing coastal cargo traffic.
The container terminal, which handled 2,55,000 TEUs (Twenty-foot Equivalent Units) of cargo in 2016-17 and is eyeing around 3,50,000-400,000 TEUs this fiscal, has also set its sights on pharma cargo coming to and originating from Hyderabad as well as scrap imports, among others, to propel the next phase of growth (see more)
Metre gauge tracks to be converted into broad gauge, says Suresh Prabhu:
New Delhi April 12, 2017 Last Updated at 16:36 IST
All Metre Gauge tracks in the country will be converted into Broad Gauge phase-wise, Railway Minister Suresh Prabhu said on Wednesday. “All Metre Gauge lines will be converted into Broad Gauge phase-wise. We have already taken a decision in this regard,” he said in the Lok Sabha during Question Hour.
The Minister said the Railway Ministry has been mobilising Rs 3.5 lakh crore for completion of old and incomplete projects gradually. “In the past, foundation stones were laid for many projects without making financial provisions. We have now decided that all sanctioned and old incomplete projects will be completed phase-wise,” he said (see more)
Old berths at Vizag Port to become history:
Berths built in 1933 at the Visakhapatnam Port will slip into the annals of history with work in progress to dismantle them and take up construction of berths to receive the Panamax ships with two lakh deadweight tonnage.
East quay-2 and 5 partly and 3 and 4 fully are being converted into 14.5 metres draft from 11 m. to handle more cargo. One of these berths received the first passenger vessel SS Jaladurga for Scindia Navigation Company. Ramabrahmam & Sons did the stevedoring (see more)