Category Archives: Local News

ASIC holds first ‘5-A-Side Soccer’ tournament in Kolkata

THE Association of Shipping Interests in Calcutta (ASIC) recently organised a unique event—‘5-A-Side Soccer’—which saw the participation of shipping lines/agents, Port Trust, Customs, freight forwarders, ICD/CFS operators, Customs brokers and ex-im companies. The tournament was the first-of-its-kind in the city. … Continue reading

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India: APSEZ seeks grant to build Kerala port

Adani Ports and Special Economic Zone Ltd (APSEZ), India’s biggest private port operator, has made the sole price bid for developing a new port at Vizhinjam, Thiruvananthapuram in Kerala. The price quotation submitted by APSEZ seeks a grant of Rs.1,635 … Continue reading

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India likely to remain net importer of iron ore in FY16

India is likely to remain a net importer of iron ore in 2015-16 as the falling international prices might encourage steel majors to continue import of key steel-making raw material through the current year. However, the quantity of imports may … Continue reading

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India Dry Bulk Cargo Summit: Come, Join & Benefit From The Opportunity To Connect, Confer & Conduct Business

The Shipping Tribune is pleased to announce “India Dry Bulk Cargo Summit 2015″ A One Day Conference on 5th June 2015 at Holiday Inn, Andheri (East), Mumbai. Industry professionals from different parts of the world are participating in this conference, making the … Continue reading

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India: Ballast water treatment rules pose challenge to shipping industry

New and expensive global regulations to deal with a ship’s ballast water that will take effect soon are engaging the attention of the maritime industry. The Ballast Water Management Convention 2004 adopted by the International Maritime Organization (IMO) will require … Continue reading

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Mumbai’s Jawaharlal Nehru Port plans to raise funds for major upgrade

MUMBAI’s Jawaharlal Nehru Port (JNPT) is planning to raise funds for a two-year project that would expand its current six-lane evacuation corridor into 12 lanes, according to the Hindu daily in Chennai. DP World will also be assisting with the … Continue reading

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India Dry Bulk Cargo Summit: Come, Join & Benefit From The Opportunity To Connect, Confer & Conduct Business

The Shipping Tribune is pleased to announce “India Dry Bulk Cargo Summit 2015″ A One Day Conference on 5th June 2015 at Holiday Inn, Andheri (East), Mumbai. Industry professionals from different parts of the world are participating in this conference, making the … Continue reading

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Maharashtra states the Dighi-Roha rail connection will facilitate 100 mn tons. of cargo movement across the country

The Prime Minister’s vision of Port led growth takes shape in Maharahstra with the signing of MoU between Rail Vikas Nigam Limited (RVNL) and Dighi Port Limited (DPL) from Dighi to Roha integrating the region with DMIC. The Chief Minister … Continue reading

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“India Dry Bulk Cargo Summit 2015″- Receiving Global Participation

The Shipping Tribune is pleased to announce “India Dry Bulk Cargo Summit 2015″ A One Day Conference on 5th June 2015 at Holiday Inn, Andheri (East), Mumbai. Industry professionals from different parts of the world are participating in this conference, making the … Continue reading

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‘Make in India’ – the Newbuzzword in Indian Shipping Sector

The Prime Minister Narendra Modi’s ‘Make in India’ initiative offers a plethora of opportunities in the maritime sector, particularly in shipbuilding, with the Shipping Ministry projecting a quantum jump in the volume of cargo and passengers moved through water transport, … Continue reading

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India: Iron ore exports from Goa unlikely to resume soon

Various factors like ’steep’ duty, upcoming monsoon season and pending regulatory permissions are the causes. Iron ore exports from Goa are not likely to resume in near future due to various factors like ’steep’ duty, upcoming monsoon season and pending … Continue reading

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Why five of India’s 12 state-owned ports are running in losses

What is common to India’s state-owned ports such as Kolkata, Chennai, Kochi, Mormugao and Mumbai except that they are all located in the heart of the cities from where they derive their respective names? Out of the 12 ports owned … Continue reading

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India: Exports fall 21% in March, most in nearly 6 yrs

Merchandise exports contracted a steep 21.06 per cent in March, the most in 67 months. This pulled down overall exports in 2014-15 by 1.23 per cent, the second decline in three years, as petroleum prices softened and demand abroad remained … Continue reading

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“India Dry Bulk Cargo Summit 2015″- Receiving Global Participation

The Shipping Tribune is pleased to announce “India Dry Bulk Cargo Summit 2015″ A One Day Conference on 5th June 2015 at Holiday Inn, Andheri (East), Mumbai. Industry professionals from different parts of the world are participating in this conference, making the … Continue reading

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India to overtake China as biggest thermal coal importer

India is set to overtake China as the biggest importer of power-station coal, emerging as the leader of a clutch of regional nations that miners including Glencore Plc and BHP Billiton Ltd can tap for new orders. Indian thermal-coal imports … Continue reading

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Meet In India- “India Dry Bulk Cargo Summit 2015″

The Shipping Tribune is pleased to announce “India Dry Bulk Cargo Summit 2015″ A One Day Conference on 5th June 2015 at Holiday Inn, Andheri (East), Mumbai. Industry professionals from different parts of the world are participating in this conference, making the … Continue reading

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Maersk port operator APM Terminals Mumbai set two million TEU record

FORTY-FIVE per cent of Jawaharlal Nehru Port’s (JNP) container volume goes through APM Terminals Mumbai, whose throughput last year topped 2.01 million TEU – an all time high for the port. The Maersk standalone port operator runs one of three … Continue reading

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India: Krsihnapatnam port is the largest contributor to the freight earnings of SCR

The deep water Krishnapatnam port on the east coast in Nellore district of Andhra Pradesh (AP) has emerged as the single largest contributor to the freight earnings of South Central Railway (SCR) in the last couple of years. In 2014-15, … Continue reading

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Meet In India- “India Dry Bulk Cargo Summit 2015″

The Shipping Tribune is pleased to announce “India Dry Bulk Cargo Summit 2015″ A One Day Conference on 5th June 2015 at Holiday Inn, Andheri (East), Mumbai. Industry professionals from different parts of the world are participating in this conference, making the … Continue reading

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India: Cargo traffic stays in stable waters in 12 ports, up 4.65% in FY15

Cargo traffic at India’s 12 major ports continued on an upward trajectory for the second fiscal in a row, clocking a 4.65 per cent growth at 581.34 million tonnes (MT) in the just-concluded financial year. The numbers come on the … Continue reading

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India: Container terminal operators spurn ministry’s rebid offer

Top global container terminal operators have rejected a shipping ministry move to rebid facilities they are running, some for more than 15 years, at Union government-owned ports. These firms had sought government approval to move to a more favourable rate … Continue reading

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India: Kolkata port FY15 traffic up 12%

The Kolkata Port Trust has reported an over 12 per cent growth in traffic to approximately 46.3 million tonnes (mt) for FY15 as against the 41.4 mt it reported in the year-ago period. According to a Kolkata Port Trust (KoPT) … Continue reading

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India: Odisha approves new price formula for iron ore supply

Faced with lukewarm response to its bid to pre-empt 50 per cent of iron ore for local end-use industries, the state government has come up with a new pricing formula to ease worries for the steel industries. Despite the reservation … Continue reading

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Indian power plants thermal coal stocks jump 39% on-year to new record: CEA

Combined stocks of thermal coal at 100 Indian power plants climbed 39% on the year to a new record high of 27.5 million mt Wednesday, enough supply for 18 days of coal burn, according to data released by India’s Central … Continue reading

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