Indian Shipping Bucks Trends with Positive Growth
The Indian shipping industry is registering a positive growth amid a downward trend globally, Union Minister of State for Shipping, Pon Radhakrishnan said. “While the shipping sector is seeing a downward trend worldwide, India is registering a positive growth, and the credit for this should go to Prime Minister Narendra Modi,” he said. The Sagarmala programme launched by the Prime minister last year aims to increase the capacity of Major and Non-Major Ports to 3000 MTPA from the present 1054 MTPA, he said.
Colachel to Become Major Port
The government of India would soon build a major port at Colachel in the southernmost tip of Tamil Nadu at an estimated cost of $3.2 billion (Rs 21,000 crore), envisaged to emerge as a southern gateway of transshipment in the country, reports PTI. He said that the Government of Tamil Nadu has given its consent to the Centre to facilitate developing the port. The port would be developed in three phases and it would take three years for completing the construction," he said.The minister…
Adani to Buy Kattupalli Port from L&T
Larsen & Toubro (L&T) announced it has entered into an in-principle agreement with Adani Kattupalli Ports Private Limited (AKPPL), a subsidiary of Adani Ports and Special Economic Zone (APSEZ), for the sale of Kattupalli Port in Tamil Nadu on India’s east coast. Kattupalli, a deepwater port with an international container terminal located 35 kilometers from Chennai, Tamil Nadu, and well connected to the hinterland, began commercial operations in January 2013 It features two berths…
Detained Security Mothership Probed by Indian Government
Taking a serious view of the suspicious movement of the American-owned ship, 'MV Seaman Guard Ohio' in Indian waters, the Central Indian Government seeks a report from the Tamil Nadu Government on the vessel which was detained for carrying arms and buying diesel fuel without authorization in India, reports 'The Times of India'. The home ministry conveyed to the Tamil Nadu Government and other agencies involved in probing the case to find out details of the ship, the crew members and its armed guards and also its purpose of cruising in Indian territorial waters.
India: East Coast to Have 8 Container Stations
Container Corporation of India (Concor) is planning to establish eight container freight stations (CFSs) on India's east coast, reports Ecomonic Times. State-owned logistics services firm expects to ease congestion and improve turnaround time at seaports, helping exports and imports with these new CFSs, that involves $167 million. Concor, specialises in containerised cargo, is looking to expand its network of rail terminals, freight stations and container depots across the country. The CFSs proposed on the east coast are part of this project.
Submarine Begins Underwater Search for Missing Dornier Aircraft
The search for the missing Dornier aircraft of Indian Coast Guard and its three crew members is being augmented with underwater search by naval submarine, reports All India Radio. After six days of efforts to trace the missing Coast Guard Dornier aircraft, all eyes are now on the Navy submarine that started the undersea search operation for the plane. There were reports that wreckage of the Dornier aircraft was found but Coast Guard Eastern region Inspector General Commander S P Sharma later denied the reports. “We are awaiting communication from the submarine.
Nitin Gadkari Inaugurates New Projects at Kamarajar Port
The Indian Union Minister of Shipping Nitin Gadkari has said that an investment of INR 2500bn (USD 39bn) is being made in Tamil Nadu under Sagarmala program. Of this Rs.39,000 crore will be for port modernization, Rs.55,000 crore for port connectivity and Rs.1,50,000 crore for port led industrialization. The minister said this at Kamarajar Port in Chennai, where he inaugurated several new projects. The projects include a New Container Terminal worth Rs.1270 crore, a new multi cargo terminal worth Rs.151 crores, Railway line to Container and Multi cargo terminal worth Rs.
L&T to Invest in Shipbuilding Venture
Larson and Turbo (L&T) will invest in a new greenfield shipbuilding venture, reports Business Line. The company is considering sites at the coastline of Tamil Nadu, Andhra Pradesh and Gujarat for erecting the shipbuilding unit. L&T has a shipbuilding yard at Hazira, in Gujarat, but due to the little scope for expansion, the company is looking for other locations. It requires about 1,000 acres along the coastline. Source: Moneysource
India: Modern Ship Repair Facility in India
According to a report from The Hindu, Tamil Nadu will have the first and the most modern ship repair facility which will become operational in the next couple of months. The oncoming facility is the first one being built in India with no foreign assistance and will have the unique ship lifting facility and be able to handle six to seven ships at a time. Source: The Hindu
Cochin Port Begins Coastal Shipping of Cars
Cochin Port, one of the top 12 major ports in the country, has begun coastal transportation of cars, with carrier ship M V Dresden carrying 500 vehicles reached with first consignment. The first call of a Car Carrier ship, M. V. Dresden wad scheduled at Cochin Port yesterday evening (September 26, 2016). The ship is a foreign carrier of Cyprus registration, which has obtained license for coastal run between the ports in India, and is of 177 m length and 7 m draft. The Car Carrier has the circuit of Ennore-Cochin-Kandla-Cochin-Ennore…
India Earmarks $7.1 bln to Expand, Modernise Major Ports
Expansion, modernization and up-gradation of Major Ports in India is an ongoing process to keep the ports abreast with new technologies and also to promote trade and cargo. 62 Public–private partnership (PPP) Projects with an investment of Rs.49,049 crore ($7.1 bn) are under implementation and operation. For the year 2016-17, 33 projects with an investment of Rs.9,845 crore have been taken up. Port Master Plans for 12 major ports have been prepared keeping in view the requirements for cargo handling till 2035. A total of 142 Port Modernization projects have been identified in the Master Plans. These identified projects will be taken up for implementation in phases.
India’s Potential in Offshore Wind Power
The Global Wind Energy Council (GWEC) launched a new report: “Supply Chain, Port Infrastructure and Logistics Study” for offshore wind development in the states of Gujarat and Tamil Nadu in India. This study is a significant step forward in preparing a roadmap for offshore wind power in India by the GWEC led FOWIND consortium. The key supply chain elements of the offshore wind sector are assessed along with a preliminary evaluation of companies entering the offshore wind sector.
India to Set Up Major Port at Enayam
The Indian Union Cabinet chaired by the Prime Minister Narendra Modi has given its 'in-principle' approval for setting up a Major port at Enayam near Colachel in Tamil Nadu. A Special Purpose Vehicle (SPV) will be formed for development of this Port with initial equity investment from the three Major Ports in Tamil Nadu i.e. V.O.Chidambaranar Port Trust, Chennai Port Trust, and Kamarajar Port Limited. The SPV will develop the port infrastructure including dredging and reclamation, construction of breakwater, ensuring connectivity links etc.
14 CEZs to Come Up in India Under Sagarmala
The Government has identified fourteen Coastal Economic Zones (CEZ) along the coastline of the country under National Perspective Plan (NPP) of Sagarmala Programme. The CEZ are spatial economic regions spread over multiple coastal districts with strong port linkage. Within each CEZ, there could be multiple industrial clusters that could contain industrial units with requisite support infrastructure. In the state of Gujarat there will be three CEZs - (1) Kandla-Mundra, (2) Pipavav-Sikka and (3)Dahej-Hazira.
Adani Ports, L&T Ink Pact for Kattupalli Port Operations
Adani Ports has entered into a non-binding Memorandum of Understanding with L&T Shipbuilding Limited (L&T) for evaluating the operations of the port at Kattupalli, Tamil Nadu, with effect from October 1, 2015 for a period of one month. The development comes amid reports that Gautam Adani-led Adani group is likely to take over the operational and management control of L&T Kattupalli International Container Terminal near Chennai to strengthen its presence on the east coast. The definitive agreements would be entered into later.
India to Develop 78 Lighthouses as Tourism Centers
The Ministry of Shipping, along with the Directorate General of Lighthouses and Lightships (DGLL) has drawn up an ambitious programme to develop 78 lighthouses in the country as centres of tourism in the first phase under Public Private Partnership (PPP). The identified lighthouses are in Gujarat, Maharashtra, Goa, Karnataka, Kerala, Lakshadweep, Tamil Nadu, Puducherry, Andhra Pradesh, Odisha, West Bengal and Andaman and Nicobar Islands. The land adjacent to these lighthouses may have hotels…
India to Add Eight Major Ports
As part of its aggressive plans for port-led development, Union Shipping and Ports Minister Nitin Gadkari said he is looking to add eight major ports to the already existing 12, according to a report by Press Trust of India. "We are planning to add eight new major ports, including the three already announced - at Wadhwan in Maharashtra, Sagar in Bengal and Colachel in Tamil Nadu," he said. India currently has 12 major ports and three more are being developed, one each in Maharashtra, West Bengal and Tamil Nadu. The total cost of the three upcoming ports is about Rs 25,000 crore.
Adani Mulls Take Over of Katupalli Port
India's Adani Group is likely to take over the operational and management control of Larsen & Toubro (L&T) Kattupalli International Container Terminal near Chennai, reports Business Standard. Adani is in the final stage of getting into an arrangement with L&T to take over the terminal, which the Mumbai-based construction and engineering major built at a cost of Rs 4,000 crore ($645 million). It is learnt that the AP Moller–Maersk Group, a Danish business conglomerate, is also in the race to acquire the container terminal operations of the Katupalli port.
Black & Veatch Gets IOC Contract
Indian Oil Corp. Ltd (IOCL) has awarded KSS Petron India, a Black & Veatch led consortium, a contract for a liquefied natural gas (LNG) receiving terminal at Ennore in the Indian state of Tamil Nadu. Black & Veatch will lead the engineering, procurement, construction (EPC) and commissioning work on a turnkey basis. The LNG plant is scheduled to be completed by 2018. The work entails designing and building a facility to regasify five million tonnes per annum of tanker borne LNG received at the terminal.
L&T Negotiating $1B Shipbuilding Orders
India’s largest engineering and construction firm Larsen & Toubro Ltd. (L&T) is negotiating with global shipping fleet owners to build ships worth over $1b, but the company cannot finalize these orders because it still hasn’t received the requisite clearances for its shipyard from a local government. L&T plans to set up the country’s biggest shipbuilding facility at Kattupalli in Tamil Nadu in an effort to tap growing domestic and global demand for ships. The company will invest around Rs3,000 crore in the shipyard and port project and will build cargo ships, warships and offshore oil rigs. The shipyard at Kattupalli will be capable of building 25 big ships in a year and repair another 50-60 ships.
MoU Signed for Shipbuilding Yard at Cuddalore
The Tamil Nadu Government signed an MoU with Goodearth Maritime for building a shipbuilding yard at Cuddalore. Chief Minister M Karunanidhi signed the agreement with the company's chairman at the secretariat. The company will begin the first phase of work at an estimated cost of Rs 500 crores and it will be completed in three years. This will provide direct employment to 5,000 people and indirect employment for 20,000 people, an official release said. The firm had sought the state government's permission for constructing a shipbuilding yard when its representatives met the chief minister on November 7, 2006. Source: The Hindu News
Indian Port Extends Container Handling Capability
A second container terminal at V.O. Chidambaranar Port at Tuticorin, Tamil Nadu, India to be ready by year-end. The second container terminal will have a handling capacity of six hundred thousand TEUs (20-foot equivalent units) to cater to the needs of export/import traders, reports The Hindu. The need has arisen as the container handling capacity of the existing terminal has reached a saturation point. The terminal will commence interim operations by deploying gantry cranes within two months and its full-fledged operations will commence from the beginning of 2014. The capacity of the port will increase to one million TEUs. The new terminal will have a draft of 12.8 m and the estimated project cost is Rs 312.23 crore (a crore is equal to 10-million). Source: The Hindu
New Kochi, India, LNG Terminal: First Ship Awaiting Entry
The first cargo vessel, carrying liquified gas for the LNG Terminal at Puthuvype from RasGas in Qatar, has arrived off the port, and is anchored until necessary dredging work is completed, reports Business Standard. With the shipment, the Petronet LNG terminal, with an annual capacity of five million tonnes, is all set to commence operations soon. The vessel, carrying about one lakh cubic metre of LNG, is anchored about 20 km off Kochi, port sources informed the Business Standard. Dredging work is going on at the port and the ship would enter the harbour in another three days.