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NHAI urged to fast track Vallarpadam road project12-OCT-09
The shipping ministry has urged the National Highways Authority of India (NHAI) to make available at least a two-lane road connectivity to the International Container Transshipment Terminal (ICTT) at Vallarpadam by March 2010 to facilitate the commissioning of the terminal.
Shipping Ministry favours divestment in Cochin Shipyard15-SEP-09
The Shipping Ministry supports the Department of Economic Affairs' move to divest government equity in state-run Cochin Shipyard, the largest shipping and ship repair yard in India, a top ministry official said today.
Essar-led group wins Rs 479-cr Paradip Port project26-AUG-09
Keen on expediting capacity expansion of the major ports in the country, the government has awarded a Rs 479-crore project for construction of a coal berth at the Paradip port.
Shipping Ministry not to downgrade KoPT cargo target21-JUL-09
The Shipping Ministry has ruled out any possibility of revising downward the cargo target for the Kolkata Port Trust(KoPT) on account of loss of crude cargo to the Haldia-Paradip pipeline. It insisted that the port would have to innovate ways to attract new cargo.
Shipping ministry takes first step on 16 PPP projects19-JUL-09
The shipping ministry has issued Request for Qualification (RFQ) for 16 projects worth over Rs 13,247 crore to be awarded on a public-private partnership (PPP) basis. Those for a further six projects would be issued soon.
Govt authorises Ports to award contracts without its prior nod15-JUL-09
The Centre has empowered port authorities to award contracts without prior approval of the Shipping Ministry to selected bidders under the public private partnership mode to expedite projects worth Rs 23,000 crore.
HDC crude cargo target in limbo as Haldia-Paradip pipeline starts08-JUL-09
While the Kolkata Port Trust(KoPT) has written twice to the Union Shipping ministry to revise downward its cargo targets for the fiscal as the port will lose crude cargo the Paradip-Haldia pipeline, the Haldia Dock Complex(HDC) has been set a target of 42.7 million tonnes(mt).
Shipping ministry looks to expand six port expansion projects02-JUL-09
The shipping ministry today said it would award six port expansion projects worth Rs 3,319 crore, to be developed on a public-private partnership (PPP) basis, as part of its official agenda for the next 100 days.
100 day plan: Six shipping projects under PPP01-JUL-09
The government today said it would award six shipping projects worth Rs 3,319.14 crore, to be developed on the public-private-partnership (PPP) basis, in next 100 days.
Shipping Ministry to give 'fresh look' at PPP projects29-JUN-09
The Union Shipping Ministry’s main focus in its 100-day plan is to give boost public private partnership (PPP) projects at Indian ports, said Union Minister of Shipping G K Vasan. “There is no going back on the Sethu Samudram project,” the Minister said.
Shipping Ministry moots dedicated financing for the sector26-JUN-09
The Shipping Ministry has proposed setting up a finance corporation or a dedicated corpus under a refinancing corporation to facilitate the fund flow for the sector.
Kerala wants Centre to take up Rs 4,500 cr Vizhinjam port Project25-JUN-09
The Kerala government today suggested that the Centre should take up the Vizhinjam port project as it had the potential to earn over Rs 1,000 crore foreign exchange.
Shipping Ministry to award Rs 3,300-cr projects in 100 days07-JUN-09
As part of the first 100-day 'action programme' of the government, the Shipping Ministry would award projects worth more than Rs 3,300 crore for developing and upgrading container and cargo terminals at various ports in the country.
Shipping ministry seeks Bengal land for silt disposal05-MAR-09
The Union shipping ministry has sought land from the West Bengal government for disposal of silt that is dug up by the dredgers.
Shipping ministry seeks Rs 10,000 cr from FinMin04-MAR-09
The Shipping Ministry has sought a Rs 10,000 crore loan from the Finance Ministry in view of the international credit crunch domestic shipping companies are facing in enhancing fleet.
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