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Visakhapatnam Port Trust to develop cruise terminal

The Visakhapatnam Port Trust (VPT) will set up a cruise terminal at the green channel in the port close to the Vedanta and Adani berths in August at a cost of Rs.1.03 bn.

APSEZ to invest Rs 575.94 billion to expand Mundra port

At present, the port has an approval of handling 225 MT

Govt to develop non-major ports

The government is planning to develop non-major ports with an aim to boost coastal shipping in the country. It is known that financial support is being provided to all the ports and state governments for creation of infrastructure to promote movement of cargo and passengers by sea or National Waterw..

Government nod to Rs.1,145 cr PPP project at Mormugao Port

The Centre gave its nod to a Rs 1,145 crore project at Mormugao Port, Goa, for redevelopment of berths on PPP mode. Mormugao is one of the 12 major ports in India.

Kochi port won't hike tariff for three years

In a bid to retain traffic, Kochi port has decided to not increase its tariff for the next three years. The port management fears that any upward revision in tariff could lead to the diversion of cargo to other ports,

Dhamra port to build 11 berths in phase II

Dhamra port proposes to build 11 more berths in the second phase to increase its capacity to 100 mtpa.

Draft policy allows captive berths at major ports

A draft captive (port) policy released by the Shipping Ministry allows port-based industrial units, which are large port users, to set up dedicated ports for their own use on the land and water front allotted to it on nomination basis. The policy aims at making major ports more competitive by empowe..

Eredene Capital wins Rs 1,436 cr port contract

Eredene Capital PLC has bagged a contract worth Rs 1,436 crore to build and operate the container terminal at Ennore Port.

Tata Steel to commission Dhamra Port

Tata Steel Ltd plans to commission the first phase of the Rs 2,400 crore Dhamra Port in Orissa by July.

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