Indian Port Development and Shipping Industry News, Updates & Reports

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Sagarmala: Revolutionizing logistics in India through port led development
Sagarmala, the ambitious programme for 'Port-led development' in the country is all set to change the logistics sector performance by optimizing India's logistics modal mix. The flagship programme by the Ministry of Shipping will help in reducing the logistics cost for both domestic and EXIM cargo with optimized infrastructure investment. An overall cost savings of INR 35,000 to 40,000 Crore per annum by 2025 is estimated from the same.
According to a study conducted under the Sagarmala programme, there lies a significant potential for moving raw materials and finished products using coastal shipping and inland waterways which is 60-80% cheaper than road or rail transport. Although the share of coastal shipping and inland waterways in the country's modal mix remains low, an emphasis on coastal shipping to complement road and rail transport can lead to overall logistic cost savings.
The programme aims to increase movement of coal through coastal route from 27 MTPA in FY 2016 to 129 MTPA by 2025 and increase the share of inland waterways and coastal shipping in modal mix to increase from 6% to 12%. The programme envisions reduction in the cost of power generation by Rs 0.50 per unit of power.
It is estimated that for power plants located 800 to 1,000 km away from coal mines, the cost of coal logistics can contribute up to 35 per cent of the cost of power production. Particularly in the case of the Coastal power plants in Andhra Pradesh and Karnataka, that currently receive coal from Mahanadi Coalfields by Railways, significant savings can be achieved by taking coal through the rail-sea-rail (RSR) route. It is estimated that coastal movement of coal to these plants can result in annual savings of over INR 10,000 Crore to the power sector.
In addition, up to 50 Million tonnes of coal can be moved via coastal shipping for non-power thermal coal users (for example steel plants). Other commodities such as steel, cement, fertilizers, POL and food grains could also be moved via coastal shipping to the extent of about 80-85 MN tonnes by 2025. Additionally, an estimated 60 to 70 MN tones of cargo can also be moved over inland waterways (with focus on NW1, NW2,NW4 and NW5) by 2025.
The concept of "port led development" is central to the Sagarmala vision. Port led development focuses on logistics intensive industries (where transportation either represents a high proportion of costs, or timely logistics are a critical success factor). The population in adjoining areas would have to be sufficiently skilled to participate in economic opportunities on offer. The synergistic and coordinated development of four components, namely logistics intensive industries, efficient ports, seamless connectivity and requisite skill-base will lead to unlocking of economic value.
India, where the logistics cost (19% of GDP) is amongst the highest in the world will undergo complete transformation under the Sagarmala Programme, by unlocking the full potential of India's coastline and waterways.
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India's Major Ports Enjoy Container Boost
File photo: Mundra Port, India.
By MarEx 2016-10-13 19:14:18

Container volumes at India’s major ports increased by 6.32 percent year-over-year in the first half of the financial year through to September.
The latest provisional port statistics collected by the Journal of Commerce show the 12 ports together handled 4.35 million TEUs in the first half, up from 4.09 million TEUs over the same time last year.
Jawaharlal Nehru Port Trust accounted for 2.26 million TEUs, representing more than 50 percent of India’s total containerized traffic via major ports. Journal of Commerce statistics demonstrate that average turnaround time for a ship at the port was reduced to 2.01 days from 2.85 days in the same period last year. The port has ambitions to handle 10 million TEUs by 2020-2021, after a new terminal is commissioned.
Chennai’s first-half volume fell seven percent to 748,000 TEUs, an indication that cargo is being diverted from Chennai to nearby private terminals. Kolkata volumes were up 17 percent from 325,000 TEUs to 380,000 TEUs; Tuticorin volumes wer up five percent; Visakhapatnam volumes were up 132 percent from 134,000 TEUs to 311,000 TEUs; and DP World-operated Vallarpadam Terminal volumes were up 20.5 percent.
The DP World operated Mundra International Container Terminal, one of the most sophisticated and technically advanced container terminals along the Indian subcontinent, recently achieved a rate of 49.5 moves per crane per hour while handling the Maersk Line vessel Seroja Lima. The terminal also achieved a productivity rate of 180 moves per hour at the main berth having four twin-lift and 21-across quay cranes. The 8,520-TEUs Seroja Lima was unloaded, loaded and departed within a time frame of less than ten hours.
India is boosting its own transshipment capability which currently forces inbound and outbound containers to take a detour to regional hubs before heading to their final destination. An Indian conglomerate has started building the country's first transshipment port, Vizhinjam, conceived 25 years ago, and the government will construct another $4-billion facility nearby to create a shipping hub rivalling Chinese facilities in the region.
Once Vizhinjam, in the south-western state of Kerala, is operational the federal government will start building the port of Enayam in neighboring Tamil Nadu, a senior shipping ministry official said earlier this year.
India's 7,500-km (4,700-mile) coastline juts into one of the world's main shipping routes, and Prime Minister Narendra Modi wants to capitalize on that proximity by developing ports that can shift freight on to huge vessels capable of carrying up to 18,000 TEUs.
 
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Rs 1L crore port work on, govt to use IT for efficiency: Nitin Gadkari
Gadkari called upon port authorities to catch up with new trends in port strategies around the world.
NEW DELHI: Massive work is under way to transform India's port sector with ongoing projects worth Rs 1 lakh crore while steps are on to use information technology to enhance efficiency, Union Minister Nitin Gadkari said today.
The minister said concerted efforts in this direction has resulted in better performance by major ports in comparison to private ones.
"We are implementing projects worth Rs 1 lakh crore in the port sector alone. Efforts by the government have resulted in improved efficiency of ports over the last two years and the performance of government ports in the country has been better than private ports this year," Gadkari, who holds shipping, road transport and highways portfolios, said while addressing the media here.
Releasing the IT task force report 'Next Generation Port Infrastructure-Technology Transformation for Integrated Port Operations', the minister said the Port Rail Connectivity Corporation is implementing a number of projects, including Rs 6,000-crore Talcher Paradip railway line.
Six new ports are also being set up.
"The ministry has taken various steps to improve efficiency of ports. Old rules have been weeded out, port mechanisation and modernisation is being done on a war footing and projects for improving connectivity of ports are being implemented in the right earnest," he said.
Stressing on the importance of e-governance for ensuring good governance, the minister said the IT taskforce report defines long-term strategic road map and implementation plans.
Gadkari called upon port authorities to catch up with new trends in port strategies around the world.
To compete with the global trading systems, "our port authorities need to take on more and more active roles in the governance of logistics systems and also adopt managerial and entrepreneurial behaviours".
He is hopeful that the recommendations of the task force will pave the way for modernising port systems for better efficiency, speed and delivery.
The report noted that there are many developed countries in today's world whose applications of ITS technologies for solving transportation problems have reached a fairly advanced level.
In India the development of such ITS solutions is at a fairly nascent stage, it said, adding that the development and implementation of IT technologies are happening in an ad-hoc manner at the moment, resulting in different standards and stages of implementation.
The task force has also focussed on ITS technologies that are developed and implemented by the ports in Singapore and Rotterdam -- two of the leading ports that have used technology as an enabler for port operations.
 
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India Signs MoUs With Foreign Countries for Building Ships and Ports

INS Rajput (D51) firing a BRAHMOS Supersonic Cruise Missile
The following memorandum of understanding (MOU) and Agreements have been signed by India with foreign countries during the last two years for the development of ports and manufacture of ships in the country:
(i) Memorandum of Understanding between the Government of the Republic of India and the Islamic Republic of Iran over partnership of India in development plan of Chabahar Port, signed on 06 May, 2015.
(ii) Memorandum of Understanding between the Ministry of Shipping of the Republic of India and the Ministry of Oceans and Fisheries of the Republic of Korea on Cooperation in the fields of Maritime Transport and Logistics, signed on 18 May, 2015. Scope of cooperation under the MoU, inter-alia, includes utilization, development and management of domestic and overseas ports.
(iii) Agreement between the Government of the Republic of India and the Hashemite Kingdom of Jordan on Maritime Transport, singed on 11 October, 2015. Areas for development and cooperation under the Agreement, inter-alia, includes ship building.
(iv) Memorandum of Understanding between the Ministry of Shipping of the Republic of India and the Ministry of Oceans and Fisheries of the Republic of Korea on Cooperation in Port Related Industry, signed on 13 April, 2016.
(v) Memorandum of Understanding between the Ministry of Shipping of the Republic of India and the Ministry of Public Works and Transport of the Kingdom of Spain on Cooperation in Port Matters, signed on 05 July, 2016.
The Cochin Shipyard Limited, Kochi has entered into the following Agreements/MoU with foreign companies for development of shipbuilding sector:
(i) Technical Collaboration for developing the design for a Trailer Suction Hopper Dredger with M/s C-Job & Partners BV, Netherlands, signed on 19 July, 2014.
(ii) Memorandum of Understanding for Design for construction of Anti Submarine Warfare shallow water crafts for Indian Navy with M/s Alion, United State of America, signed on 11 August, 2014.
(iii) Memorandum of Understanding for construction of Dredgers with M/s IHC, Holland, signed on 09 February, 2015.
(iv) Technical Service Agreement for construction of LNG Carriers for M/s Gas Authority of India with M/s Samsung Heavy Industries (010140.KS), South Korea, signed in March, 2015.
(v) Memorandum of Understanding for service Ballast Water Treatment Plants with M/s TechCross, South Korea, signed on 04 November, 2015.
(vi) License agreement with M/s GTT France for building Liquefied Natural Gas ships for using their patented Mark-III Technology, exchanged on 02 December, 2015.
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India to Launch Shipments to Russia Via North-South Transport Corridor Soon
India and Russia are going to use the International North-South Transport Corridor (INSTC) for combined shipments from December this year, Vice President of Iranian Railways Company Hossein Ashuri said.

© SPUTNIK/ SERGEY SUBBOTIN

North-South Transport Corridor to Benefit Azerbaijan, Russia, Iran
BAKU (Sputnik) — India, Russia, Iran, Azerbaijan agreed to use theInternational North-South Transport Corridor (INSTC) for combined shipments from India to Russia starting from December this year, Vice President of Iranian Railways Company Hossein Ashuri said.
"Shipments from India will be delivered to a southern Iranian port, where it will be further delivered via Azerbaijan to Russia by means of trains and trucks," Ashuri said, as quoted by the Trend news agency.
He added that a test container train was shipped via the route two months ago. It took the train 22 days to reach its destination, however, the time of delivery is set to be later reduced to 19 days, Ashuri stressed.
The deliveries on the INSTC route will be carried out via the territories of India, the Persian Gulf, Iran Azerbaijan and Russia toward the Nordic countries and the Northern Europe in 14 days. Nowadays, the containers are shipped from Iran to Azerbaijan by trucks and then loaded onto trains heading to Russia.
The North-South Transport Corridor project aims to reduce the costs and the time of ship, rail and road deliveries to and from Russia, India, Iran, Azerbaijan and other countries located along the route.
 
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Press Information Bureau
Government of India
Ministry of Railways
02-December-2016 16:53 IST
Presently, 12 major ports (six on Western and six on Eastern Coasts) are already connected with Indian Railway network. Capacity augmentation of the lines linking the ports to hinterland is taken up on a need-based manner.
Rail connectivity to some of non-major ports namely Mundra, Dahej, Pipavav, Dhamra and Krishnapatnam etc have been provided under Public Private Partnership. A participative policy for rail connectivity has been issued in December, 2012 to facilitate rail connectivity to upcoming ports and mines through Public Private Participation. Several ports projects which have been granted approval/in-principle approval under the participative policy for rail connectivity are Jaigarh, Dighi, Riwas, Astaranga, Chhara, Nargol and Hazira.
This Press Release is based on the information given by the Minister of State for Railways Shri Rajen Gohain in a written reply to a question in Rajya Sabha on 2 December 2016 (Friday).
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Shipbuilding Looks Up in India
By Aiswarya Lakshmi December 22, 201
Photo: PIB, Govt of India
Global recession in the shipbuilding industry has affected the financial position of a number of yards especially in the private sector.
Due to market downturn post 2008 and the lack of government policy support, all shipyards other than the defense shipyards are facing challenging times with very few global shipbuilding orders coming in.
The Indian shipbuilding industry has continued to concentrate on defense and offshore sector vessels. The fleet expansion plans of Indian Navy and the vessels for the Indian Coast Guard are the two prime segments which were targeted by the Indian shipyards.
Lack of orders from the Indian commercial ship owners and the lack of government policy support adversely affected the Indian shipbuilding outlook. In the year 2016, Government has taken following initiatives to strengthen shipbuilding industry.
Government of India has, on April 13, 2016, notified inclusion of stand-alone shipyards undertaking activities such as shipbuilding and ship-repair under the Harmonized List of Infrastructure sectors.
With this inclusion, shipyards will be able to avail flexible structuring of long term project loans, long term funding from Infrastructure Funds at lower rates of interest and for a longer tenure equivalent to the economic life of their assets, relaxed ECB norms, issuance of infrastructure bonds for meeting working capital requirements.
The Government of India has introduced a Rs. 4000 crore Shipbuilding Financial Assistance Policy for a period of 10 years viz 2016-2016 to encourage domestic shipbuilding.
Financial assistance will be granted to Indian Shipyards equal to 20% of the lower of “Contract Price” or the “Fair Price” (as assessed by three international valuers) of each vessel built by them for a period of at least 10 years commencing 2015-16.
Revision of domestic eligibility criteria has been approved to ensure that all the government departments or governmental agencies such as CPSUs procuring vessels for governmental purposes or for own purposes shall undertake bulk tendering for their vessel related requirements with deliveries starting from 2016-17 with a Right of First Refusal (RoFR) for Indian shipyards and shall ensure that from 2025 onwards, only Indian-built vessels are procured for governmental purpose or for own purpose.
Similar relaxation will be applicable for repair of their vessels. Necessary guidelines have since been formulated and uploaded on the website of the Ministry on May 31, 2016 for wide circulation and operationalization.
To promote ease of doing business in the sector, in the Union Budget 2016-2017, Government of India has issued simplified procedure for tax compliance for the shipyards while procuring duty free goods for shipbuilding and ship repair.
 

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Mumbai: Dedicated corridor for container traffic soon
Port had proposed the 43.9-km corridor, estimated to cost nearly Rs 3,000 cr, to achieve ‘zero congestion’ for port traffic .

Written by Sandeep Ashar | Mumbai | Published:December 30, 2016 1:28 am


Mumbai traffic, while bad on its own, swells to disastrous levels when container traffic from the Jawaharlal Nehru Port Trust (JNPT), the country’s largest container port at Navi Mumbai, moves inward. Complaints of extensive traffic snarls owing to slow movement of the container traffic on roads connecting the Mumbai-Pune expressway and the Mumbai-Goa Highway are almost mundane.

But the port and highway authorities have now planned construction of a 43.9 kilometre long dedicated corridor for container traffic moving in and out of the port, which, they claim, will get rid of this congestion within a couple of years.

The corridor, estimated to cost nearly Rs 3000 crore, figures among a host of reforms that the port has proposed for the “achievement of zero congestion for port traffic.”

It has formed a Special Purpose Vehicle with the National Highways Authority of India (NHAI) and the City and Industrial Development Corporation of Maharashtra Ltd (CIDCO) for building the corridor. Anil Diggikar, Chairman, JNPT said, “We have already secured a Rs 400 million dollar loan from the State Bank of India and the Bank of Singapore for the project. They have extended the loan at a 3 per cent interest rate.”

“The project involves upgradation of existing four lane road connectivity to six/eight of NH-4B (Palaspe to JnPT), and SH-54 (Panvel Uran state highway), and the Amra Marg intersection in Navi Mumbai. The widened road stretches will be reserved for signal free container traffic,” said Prashant Fegade, Project Director, NHAI. “Cars and buses plying on the stretch will be shifted to service roads to be newly constructed on either side of the dedicated corridor. They won’t have access to the dedicated corridor,” he said.

The road project will include construction of interchange and clover leaf formations at two locations for entering and exiting of the container traffic on the dedicated corridor, said Fegade. Contracts for four of the five packages of civil work for the project have been awarded already. Officials further said that it was important to complete the project in a time-bound fashion in the next two years. “The cargo traffic handled by the port will more than double once the work for addition of the fourth terminal is completed. While the peak hour traffic across the stretch to be widened is measured currently at 75,000 vehicles, this is estimated to go up to 1.75 lakh vehicles in a few years,” a source said.

“Bringing the container traffic on a dedicated corridor will take the load off on other roads and ease overall congestion levels,” said Neeraj Bansal, Deputy Chairman, JnPT. Officials, however, admitted to facing certain challenges while implementing the project. “Diverting existing traffic and shifting of utilities during construction will pose a challenge. The removal of encroachments, too, is key to the project,” said an official. A road overbridge near Sheva police station in Navi Mumbai and two flyovers at the JnPT gates have been separately proposed.

Meanwhile, as part of the modernisation plans, Bansal informed that the JnPT has also been focussing on changing the way transporters move their truck into and out of the port. To improve the turnaround time of cargo handling, the port has now extended a green channel to importers possessing accreditation status of the customs. “We are offering direct port delivery (DPD) to such agencies. While import laden containers are normally transferred from the terminal to container freight stations (CFS) before being cleared and delivered, the DPD allows containers to be delivered to the importer directly from the terminals instead of routing through CFS,” said Bansal. “No manual custom clearance is done inside the port under DPDs,” added Diggikar. While port authorities claimed that the reform has helped better the turnaround time and the overall throughput,

Diggikar confirmed that the “lack of information” among importers meant that only 91 out of the 778 agencies have opted for the green channel so far. “Our target is to switch about 40 per cent of the container traffic on the DPD mode,” said Diggikar. Beside reducing delivery time, Bansal said that the reform will also save the importer Rs 8000-Rs 20000 in cost.

Bansal informed that other moves like allowing inter-terminal transfers, constructing holding yard for all terminals, monitoring traffic real time, and shifting custom operations from gates to the holding yard have helped improve the port’s cargo handling performance.

“We have also taken up a project to construct a centralised parking plaza for all terminals to ease port congestion further. The new facility will be spread over 100 acre land and will cost Rs 170 crore,” said Diggikar.

http://indianexpress.com/article/ci...-corridor-for-container-traffic-soon-4451031/
 
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Reliance Defence Delivers 'Ice-Class' Bulk Carrier To Shipping Firm
Mumbai: Reliance Defence and Engineering on Wednesday said it has delivered another 74,500 DWT new, Ice-class Panamax Bulk Carrier "Sea Amber" to an international customer.
"Thus far, Reliance Shipyard has delivered seven similar size, Ice-class Panamax Vessels to its international customers," the company said in a statement.
"The ship has been built as per one of the best-in-class international standards meeting the toughest environmental emission norms as well as fuel economy."
These are the largest dry bulk carriers of their class built in India.
Reliance Shipyard with the largest dry-dock in India has used a unique modular construction technology for building large ships for both commercial usage and the Navy, the company said. The fabrication facility is spread over 2.1 million sq. ft..
 
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Talks on development of Trincomalee port by India in final stages: Sri Lanka
Sarath Fonseka said that after China constructed the Hambantotoa port, it was not making any profit and became a burden to repay the money back. (Pic: ANI twitter)
NEW DELHI: Seeking to assuage India's unease over the Chinese presence in the Indian Ocean, Sri Lanka today said it would ensure that New Delhi's concerns were "not jeopardised" and that talks were on the development of the Trincomalee port.
Speaking at the Raisina Dialogue 2017, Sarath Fonseka, Sri Lankan Minister for Regional Development, said Trincomalee is the deepest harbour in South Asia and "things are being finalised" with India to develop the port.
He said that after China constructed the Hambantotoa port, it was not making any profit and became a burden to repay the money back. Total estimated construction cost of the Phase 1 of the project is USD 361 million and is largely funded by the EXIM Bank of the People's Republic of China.
He said since it was becoming a "huge burden" on the economy to repay the Chinese, Sri Lanka started looking after investors that can take the harbour on lease and give a helping hand to cut down payments of debts.
"So finally with the Chinese company (China Merchants Ports Holding Company)...they were the best bidders, we decided to give it on lease. But this was mainly for commercial purpose.
"There won't be any security threat (to India) and it even won't upset the Indian sentiments. At the same time, India should not get worried over it because there are preparations being done for India to develop the Trincomalee harbour. We are trying to convert it harbour as a naval base and a commercial base," Fonseka said.
Reacting to protests against the Hambantotoa port, he said some "disgruntled political elements" are behind it.
He said that the presence of Chinese submarines and naval ships in Sri Lankan waters is a matter of concern for India.
"They have the right to be concerned being a regional power. So, sometimes for training purpose we have had our defence forces communicating with other militaries in the world. So this presence of submarines and warships is for training purpose and not for any defence activity.
"We will ensure that their presence will only be for training purpose and that Indian security concerns are not jeopardised," Fonseka said.
Fonseka said there was "no way" Sri Lanka wanted to upset Indian sentiments. He, however, maintained that its intention was to stay neutral and not get involved in power struggle between India and China.
"India is our neighbour and there is no way we will upset the Indian sentiments. We want to maintain highest relationship with India. At the same time, we also have a historical relationship with China. Our intention is to remain neutral without getting into clashes of the big powers," he said.
 
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Adani Ports outpaces public Indian port growth
Adani Ports and Special Economic Zone dramatically outperformed its public rivals in the first three quarter of the fiscal year.
Growth at India’s biggest private port developer outpaced public rivals, jumping 28 percent in the first three fiscal quarters, compared with 4 percent growth at public Indian ports.
Volumes at Adani Ports and Special Economic Zone’s ports in the third fiscal quarter that ran from October to December increased 26 percent year-over-year as massive capacity additions and aggressive marketing paid off for the company.
The company, however, did not provide separate data for volumes handled at its flagship Mundra Port, which accounts for roughly 90 percent of its container business and competes directly with Jawaharlal Nehru Port Trust.
“Like last quarter, the continued out-performance in cargo volumes is backed by healthy growth in our newer ports, namely Hazira, Dhamra, and Kattupalli,” the company said.
APSEZ’s third-quarter consolidated net profit was up 26 percent to Rs. 848 crore (approximately $126 million) from Rs. 675 crore in the same period in 2015, on group income that surged 32 percent year-over-year to Rs. 2,236 crore, according to the filing.
“Our strategy to diversify our cargo mix and focus on high value cargo continues to yield positive results,” APSEZ CEO Karan Adani said.
By total throughput, the group handled 41 million metric tonnes (45.1 million tons) of cargo in the third quarter, up 8 percent year-over-year, and 126 million metric tonnes in the nine-month period, registering an 11 percent increase over April-December 2015.
APSEZ’s net income in the first three fiscal quarters was up 38 percent year-over-year to Rs. 2,748 crore on revenue that increased 20 percent to Rs. 6,245 crore from Rs. 5,219 crore previously, according to the release.
That strong performance comes as Mundra is nearing completion of a major expansion to double container capacity to 6.6 million 20-foot-equivalent units annually. To position Mundra as the preferred gateway for northwestern shippers, the private developer has embarked on a vigorous outreach program by hosting trade sessions and setting up new rail services with Container Corporation of India.
APSEZ’s net income in the first three fiscal quarters was up 38 percent year-over-year to Rs. 2,748 crore and revenue increased 20 percent to Rs. 6,245 crore.
 
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Indian Ports Going Green!
Disclaimer: Not posting the map which wrongly depicts map of Republic of India.
The Indian Ministry of Shipping are taking major leaps towards green efficiency and sustainability by highlighting the benefits of major ports using renewable energies.
The ministry plans to set up 91.50 MW of solar energy capacity at the twelve Major Ports and 45 MW of wind energy capacity by the two Major Ports of Kandla and V. O. Chidambaranar. Major ports have already initiated the setting up process by pledging USD $104 million into the projects.
In a statement, the ministry said “When completed, these renewable energy projects will help in the reduction of carbon dioxide emission by 136,500 MT annually. These projects will also help to reduce cost of power purchased by utilisation of renewable energy for power generation, resulting in estimated saving of USD 11.1 million annually, when fully commissioned”.
The renewable energy projects are intending to reduce carbon dioxide emissions by 136,500 MT annually. These projects will also help to reduce cost of power purchased by utilisation of renewable energy for power generation.
The wind energy projects will be executed by two Major Ports, which are Kandla Port and V.O. Chidambaranar Port. The total capacity of the wind energy projects is 45 MW out of which 6 MW has already been commissioned by Kandla Port.
A total of 15.20 MW of solar projects has also been commissioned with Visakhapatnam Port leading the way with 9 MW, while the other ports in which solar projects have been commissioned are Kolkata Port (0.06 MW), New Mangalore Port (4.35 MW), V.O. Chidambaranar Port (0.5 MW), Mumbai Port (0.125 MW), Chennai Port (0.1 MW), Mormugao (0.24 MW) & JNPT (0.82 MW). The remaining solar power projects will be commissioned phase wise and is expected to be completed by 2018.
 
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DP World Committing $1 Billion to India

DP World Chairman and CEO, Sultan Ahmed Bin Sulayem, has announced plans to encourage sustainable growth in India’s maritime and inland trade with investments of more than USD $1 billion over the next few years.
Sulayem outlined the importance of innovation and opportunities for investors in trade, logistics and the maritime sector at a Global CEOs' meeting at the Vibrant Gujarat Global Summit in Ahmedabad, India, chaired by the country’s Prime Minister Shri. Narendra Modi.
Sulayem said: “We are also looking for investment opportunities worth over USD $1 billion over the next few years, offering our partners the opportunity to grow and expand their business. We remain committed to our operations in the country, which form an important part of our global network.
“DP World has invested in the development of 5 international gateway ports in India and we believe making ports more productive across the country rather than building more greenfield sites is the way forward.
“There is also a great need to reach internal markets, invest in cold storage facilities and networks, using coastal and inland waterways to increase efficiencies and lower costs.
“By developing this transport infrastructure – at existing ports, multi-modal transport including rail for freight and more use of waterways – there will be a direct economic impact benefitting manufacturing and agriculture, those in cities and the rural farming community.”
Dubai-based DP World has been serving India’s economy for more than a decade, investing US $1.2 billion to date and supporting over 30% of India’s container trade, working with the government to redefine the container terminal business by introducing infrastructure, new technologies and international operating practices.
Discussions at the Summit focused on the new opportunities resulting from the Prime Minister’s programmes such as Invest India, Digital India, Skill India and Made in India — evidence of the new economic direction of the country.
DP World is a market leader in Indian container terminal operations, with the largest portfolio of investments in ports along the Indian coastline.
The network stretches across ports in Gujarat (Mundra, 2003), Maharashtra (Nhava Sheva, 1999 and 2012), Kerala (Cochin, 2005), Tamil Nadu (Chennai, 2001), Andhra Pradesh (Vishakapatnam, 2002).
It has also created rail connections to the hinterland and owns a national rail licence from the Government to operate 7 container trains from major hinterland markets to major gateways in Mundra and Nhava Sheva.
PTI reported at the start of this year (January 4, 2017) that DP World was looking to set up a dry port near the capital city of Cairo. Egypt’s exports to the UAE have recently increased by 224% in 2016.
Photo Caption: DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem with the Honourable Prime Minister of India Shri. Narendra Modi at the 8th edition of the Vibrant Gujarat Global Summit held in Ahmedabad, India.
 

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DP World Committing $1 Billion to India

DP World Chairman and CEO, Sultan Ahmed Bin Sulayem, has announced plans to encourage sustainable growth in India’s maritime and inland trade with investments of more than USD $1 billion over the next few years.

Photo Caption: DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem with the Honourable Prime Minister of India Shri. Narendra Modi at the 8th edition of the Vibrant Gujarat Global Summit held in Ahmedabad, India.
DP World already oprate the valarpadom transhipment port in kochin
 
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APM Terminals Pipavav receives one of the world's largest vehicle carriers

Roll-on/roll-off ships are vessels that are used to carry wheeled cargo. The RoRo ship is different from LoLo (lift on-lift off) ship that uses a crane to load the cargo.
MUMBAI: APM Terminals Pipavav Thursday said it received the Hoegh Tracer, one of the world’s largest pure car and truck carrier (PCTC), and the largest to ever call an Indian port.
At 14 decks high, the Hoegh Tracer has a capacity of 8,500 vehicles, and loaded 1,700 cars at Pipavav for export delivery on the Hoegh Middle East, India and Africa (MIAF) Service, APM Terminals said in a statement.
APM Terminals Pipavav, in partnership with NYK Auto Logistics (India), opened a dedicated common user integrated Roll on Roll off (RoRo) terminal in August of 2015, with a capacity of 250,000 vehicles annually.
Roll-on/roll-off ships are vessels that are used to carry wheeled cargo. The RoRo ship is different from LoLo (lift on-lift off) ship that uses a crane to load the cargo.
The vehicles in a RoRo vessel are loaded and unloaded by means of built-in ramps.
APM's port is equipped to accommodate 4,500 to 5,000 cars and a Pre-Delivery Inspection (PDI) facility. There is also a mobilization yard for 150 cars, with a capacity to accommodate approximately 500 cars on the quay.
APM Terminals Pipapav along with NYK Auto Logistics provides logistic support to auto manufacturers in western India for export and for inter-Indian port coastal shipping.
 
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And some top notch chutiyas are busy chanting Gwadar-Gwadar day in & day out.
Gwadar isn't a primary port either. It's an alternative route to ensure China's energy security during an SCS war and case of Malacca strait blockade.
 

sthf

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Gwadar isn't a primary port either. It's an alternative route to ensure China's energy security during an SCS war and case of Malacca strait blockade.
Everybody and their grandmother knows that except the delusional Pakis.


@Neo dekh le bhai, functional ports aise kaam karte hain.
 

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