Vizag, Ranong ports to embark on joint ventures

A Joint Working Group will be formed by the ports of Visakhapatnam and Ranong in Thailand to explore business opportunities of mutual benefit. Separate memoranda of understanding (MoUs) were signed between the Port Authority of Thailand (PAT) and the ports of Visakhapatnam, Kolkata and Chennai to increase export and import trade through cargo handling. The.

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Kolkata Port Trust on track to surpass FY19 cargo throughput: Chairman

The Kolkata Port Trust (KoPT) is on track to better last year’s cargo handling volume during the 2019-20 fiscal, Chairman Vinit Kumar said on Saturday. The port authority has so far handled 45 million tonne of cargo, a rise of 4-4.5 per cent over the corresponding period last fiscal, he said. “We are hopeful of.

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China Plans $1B Port Investment in Brazil

During a visit by Chinese President Xi Jinping to Brasilia this week, China is expected to announce a $1 billion investment in the port of Sao Luis by state-owned China Communications Construction Company (CCCC). President Xi is in Brazil for the annual BRICS summit, a gathering of the leaders of Brazil, Russia, India, China and.

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Minister inaugurates a host of projects at Chennai Port

Union Minister of State for Shipping, Chemicals and Fertilizers Mansukh Mandaviya, on Thursday, inaugurated various projects at the Chennai Port. The projects include RFID-based online harbour entry permit system, integrated CCTV camera control system, oil spill recovery vehicle, coastal berth facility and a tree plantation project. The RFID-based online harbour entry permit system would cover.

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”Stricken naphtha-laden tanker biggest problem for Goa”

The ecological risk posed by a naphtha-laden tanker which ran aground off the coast here last month, poses the “biggest problem” for the state, but not enough has been done to address the issue, South Goa Congress MP Francisco Sardinha said on Thursday. Addressing a press conference at the party”s headquarters here, Sardinha also demanded.

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JNPT aims to stem north India diversions with new rail offering

As the pace of Indian port growth begins to buckle under a weakening economic environment, Jawaharlal Nehru Port Trust (JNPT) is making a more aggressive effort to attract business from northern hinterland shippers using other west coast gateways by offering them a dedicated rail solution for export cargo. JNPT saw a 5 percent drop in.

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Major ports record muted performance on fall in coal, fertilizer cargo

A consistent drop in shipments of thermal coal and raw fertilizers dragged cargo growth of major ports between April and October. Cargo throughput of major ports stagnated in the period, clocking a growth of only 0.44 per cent. While thermal coal shipments subsided 17.69 per cent, raw fertilizers dropped by 4.61 per cent. The performance of liquid cargo- crude.

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China can use Bangladesh’s largest seaports, PM Hasina says

Prime Minister Sheikh Hasina told lawmakers Wednesday that China could use Bangladesh’s two largest seaports, in a move praised by analysts, weeks after Dhaka signed an agreement with Beijing’s regional rival, India, for access to the same ports. Hasina issued the statement while announcing that her government had signed a deal with New Delhi known.

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PSA Chennai sets yet another productivity record

Determined to deliver unmatched performance and reliability to our customers, PSA’s Chennai International Terminals Pvt. Ltd. (PSA Chennai) has surpassed itself yet again to set a new vessel productivity record. The new vessel productivity record of 173 moves per hour for South and East India was set on 7 November 2019, handling 3,346 moves in.

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