Page 12 - Ports

Muted cargo growth makes port firms cautious on short-term investment

Mumbai, 1 October Port cargo growth of only four to five per cent annually over recent years has made Indian companies in the sector cautious on investment for the short term. "At this juncture, (from the industry perspective), it is difficult to think of building port capacity entirely for third-party cargo. With the muted cargo growth that we (industry) have had, it would be risky," said an official with JSW Infrastructure. "A right mix of captive and third-party improves chances of survival, with better utilisation. This means better revenue visibility."The Sajjan Jindal-led JSW Infra has total capacity of 75 million tonnes and aims to touch 200 mt before an Initial Public Offer of equity (IPO), likely in 2020-21."Port investment in the short term is not encouraging, given the cargo growth rate we have had. Overall, one needs to see on a case to case basis, as it will vary upon location and cargo demand in the region, among other factors," explained Anil Yendluri, director and ...

High vessel-related charges, smaller draft make rate regime at ports sticky

With deeper draft and pricing flexibility, Port of Colombo still tough competitor for trans-shipment cargo

With 3% cargo traffic growth, ports prepare to meet FY18 target volumes

Mumbai Port turns agile, Paradip takes to innovation

Adani Ports: Opening the door to India

Mundra Port has set a global benchmark with investment in latest technology, says Dr Wilfried Aulbur

Major ports may raise Rs 50,000 cr loans in US dollar: Nitin Gadkari

This is for the first time that the Centre-owned major ports are raising foreign denominated loans

Major ports see 169% surge in iron ore handling in April-January

A Fitch arm last month said country's iron ore output is projected to grow to 185 MT in next 4 years

India can save $30 bn by moving part of trade closer to ports by 2020: EY

The EY report 'Knowledge Paper on Port Sector' was released by Andhra Pradesh Chamber of Commerce

New Ports Bill may end supremacy of privately-run ports: Report

Dozen state-run major ports were closing in on privately-run non-major ports, which earned an upper hand over past few years, due to easy regulations

New strategy clicks for Adani Ports

Sustained volume growth, incremental gains from new ports and plans to reduce inter-corporate loans to keep stock momentum going

VO Chidambaranar Port plans projects worth Rs 1,531 cr this fiscal

Plans include development of cargo berths to handle coal, general cargo and clean cargo

In Tamil Nadu, a port project divides opinion

While villagers say the trans-shipment project will threaten their livelihood, those in favour of the project call the opposition politically motivated

Nod for new port at Enayam not justified: Kerala Port Minister

Comes down on Centre's decision to allow two major projects in short distance, says Vizhinjam will be impacted

Can Enayam port sail past hurdles?

Experts say economic and environmental problems await the project; shipping ministry plans to start construction by July 2017

Cabinet okays setting up major port at Enayam in Tamil Nadu

An SPV will be formed for development of Colachel port with initial equity from the three existing major ports in the state

Consult fishermen before building ports: Draft policy

It says changes in coastal regulation because of construction of ports damages habitations and affects the quality of ecology and marine life

After Chabahar, India turns to Bangladesh port

Ports to come up in Tamil Nadu, Andhra Pradesh, Karnataka

Odisha to urge Centre for container terminal facility at ports

Despite having three ports at Paradip, Gopalpur and Dhamra, exporters are forced to ship their containerized cargo from Vizag, Kolkata, and Haldia

PPPAC sends Sagar Port tender drafts back to KoPT

PPPAC has questioned the need for viability gap funding proposal (VGF) when revenue sharing model has been proposed

Mechanisation perks up non-major ports

Share in total seaborne trade rises to 45% in 2014-15