Jnpt Channel News

The twelve major ports under the Ministry of Shipping, India handled a record 647.43 MT of traffic in 2016-17, registering an annual growth rate of 6.79 percent, as against 4.32 percent last year. With this, these ports have out- performed private ports for the second consecutive year. The private ports have registered a traffic growth rate of 4 percent this year. The top position in cargo handling was retained by Kandla Port that handled 105.44 Million Tonnes of cargo, registering a growth of 5.39% over last year. This was followed by Paradip Port with 88.95 Million Tonnes of cargo handled, and an impressive growth rate of 16.45%. Mumbai…

For enhancing the draft in ports or undertaking major dredging projects, India still relies on foreign dredging giants, a situation not likely to change unless the government comes out with a policy encouraging investment in the dredging industry. European dredging giants continue to make a clean sweep of all major Indian dredging projects, a market condition largely attributed to the lack of an environment conducive to encouraging Indian companies into large scale dredging. In short, there are no parallel “protectionist policies” in place like those that exists in several maritime countries. Big players in the India dredging market…

The Dutch dredging giant Van Oord has once again revalidated their one-year bid for the Jawaharlal Nehru Port Trust channel dredging contract. However, the company has clarified to the government that it is difficult to carry out the contract at the bidding amount, with the rise in the inflation rate and the various cost escalation, and requested it to re-evaluate the contract amount with regards to the foreign exchange variation. The Rs 800 crore contract was close to be awarded to Van Oord in April 2007, for dredging and widening of the main harbour channel of JNPT. According to a senior Van Oord official, the company is willing to carry out the contract whenever the government gives a go ahead for the project.