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Rajkot: Deendayal Port trust (DPT), formerly Kandla port, is the first among major ports of the country to install and commission oxygen generation un.
Dip in cargo intensify rivalry between Stevedores and PPP terminal operators
May 24, 2021
The Chennai Container terminal inside the Chennai Port Trust. (File photo) - The Hindu×
Major port trusts have set different terms and conditions for their operations
Stevedores engaged in loading and unloading bulk cargo from and onto ships at Centre-run major port trusts have approached the government to block demands from private cargo terminal operators handling single commodity to become multi-commodity facilities, after market disruptions from policy changes dragged down traffic such as coal and iron ore.
The issue escalates a tussle for cargo between Stevedores, who load and unload bulk cargo onto and from ships from the non-mechanised berths, at the 12 major ports and private firms that are given cargo handling terminal contracts through the public-private-partnership (PPP) route for 30 years based on a revenue share model.
Visakhapatnam gets the lion’s share of the funds
Union Minister of State for Ports, Shipping and Waterways (independent charge) Mansukh L. Mandaviya has said that as many as 92 projects have been sanctioned to Andhra Pradesh under the Sagarmala project at a cost of ₹85,576 crore.
Some of these projects have been completed, some are under implementation and others under consideration, said Mr. Mandaviya while replying to an unstarred question posed by Rajya Sabha member V. Vijaya Sai Reddy on Monday.
Giving the breakup, Mr. Mandaviya noted that 22 projects with the theme of port modernisation were initiated at an estimated cost of ₹4,717 crore, 54 projects were undertaken at a cost of ₹47,854 crore under the connectivity enhancement head, 10 projects at a cost of ₹32,053 core as part of port-led industrialisation and nine projects with the theme of coastal community development were initiated at a cost of ₹952 crore.
Cochin Port Trust is one of the 12 major ports in the country. Cochin Port Trust (CoPT), one of the major port trusts in India, will sign 9 MoUs of Rs 2,825 crore (as of today) at 2nd Maritime India Summit 2021 scheduled to happen on 2nd to 4th March 2021, Ministry of Ports, Shipping and Waterways (MoPSW) said in a statement. These MoUs will be majorly signed between Fertilisers and Chemicals Travancore Limited (FACT); Kottayam Port & ICD Services; IOCL; IGTPL; etc. The MoUs will be signed in the areas like dredging for maintenance of channels and basins, coastal connectivity, cargo handling, tourism related projects, aviation fuel terminal, deepening and widening of port channels, etc.