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PSA-Sical stares at royalty dues of over Rs 3,000 cr as apex court overturns arbitration award to re-write contract

PSA-Sical stares at royalty dues of over Rs 3,000 cr as apex court overturns arbitration award to re-write contract
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VOC ports in pact with IIT-Madras arm for vessel traffic development

May 26, 2021 × The port plans to upgrade the existing vessel traffic software system and develop an indigenous system VO Chidambaranar Port Trust (VOC Port Trust), Tuticorin, on Wednesday signed a Memorandum of Understanding (MoU) with National Technology Centre for Ports Waterways & Coasts (NTCPWC), IIT Madras, for Operation, Manning and Maintenance of Vessel Traffic System & Development of Indigenous Vessel Traffic Software (VTS) at VOC Port Trust. VTS is mandatory under IMO Convention ‘SOLAS’ (Safety of Life at Sea). The VTS traffic image is compiled and collected by means of advanced sensors such as radar, AIS, direction finding devices, CCTV and VHF or other co-operative systems and services. A modern VTS integrates all the information into a single operator working environment for ease of use and in order to allow for effective Maritime traffic organization and communication.

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