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News
Seventeen
companies in the race for Ennore terminal Ennore
Port Ltd.(EPL) has received expression of interest (EoI) from
17 companies for putting up coal and marine liquid chemical terminals
at the Ennore port on build, own and operate (BOT) basis. The
interested companies include SICAL (MAC Group), Adani Port, Larsen
& Toubro, Venkatesh Coke and Indian Oil Corporation (IOC).
EPL is currently in the process of appointing a development advisor
to select the BOT concessionaire. The coal terminal would handle
non-thermal coal, while marine liquid terminal is to handle liquid
cargo comprising POL chemicals and edible oil. The coal terminal
would largely cater to private industries located in Karnataka
and Andhra Pradesh.
Self-unloading
bulk carrier to ferry coal for TNEB A self-unloading bulk
carrier “Gem of Ennore” operated by West Asia Maritime
Ltd, will ferry thermal coal for Tamil Nadu Electricity Board
(TNEB). The vessel costing $34 million built by Hitachi Zosen
Maizuru, Japan in 200 has a capacity of 73,879 dwt and is fitted
with seven cranes, seven grabs and seven hoppers. The conveyor
belt and boom can discharge about 2,600 tonnes of coal per hour.
The vessel has been time-chartered By Poompuhar Shipping
Corporation.
Shipping
Corporation of India’s scrip touches 52-week high The
Shipping Corporation of India (SCI) stocks have touched their
52-week high at Rs 65 on the Bombay Stock Exchange (BSE), a 100-per
cent appreciation over the level of Rs. 30 just about a month
back. The renewed confidence in SCI stock is attributed to number
of overseas shipping majors showing interest in the SCI disinvestment.
These include Malaysian International Shipping Corporation, Mitsui
OSK Lines (MOL), CMA-CGM and OOCL, besides domestic shipping and
non-shipping companies.
Ennore
Port to increase cargo handling capacity Ennore
Port, the first port to be corporatised in India has announced
expansion plans, which include creation of facilities for handling
iron ore and liquid cargo, taking up capacity to 50 million tones
by 2005. According to Mr. M.Raman, chairman and managing director
of Ennore Port, about 17 firms have responded to the expression
of interest (EoI) invited by the port for establishing a coal
and liquid cargo handling terminal on a build-operate-transfer
basis. The port management is planning to increase the coal handling
from around 3.5 million tones in the current fiscal to 10 million
tones by the end of the next financial year.
The
cargo handling at major ports up by 2.3 per cent According
to the Economic Survey for 2001-02 the cargo handled by major
ports has registered a growth of 2.3 per cent during April-November
2001, compared to the corresponding period of 2000-01. The highest
growth in cargo movement was observed in food grains followed
by containerized cargo and iron ore. According to the Economic
Survey, there has also been an improvement in port performance
indicators. The Economic Survey noted that government has approved
seventeen private sector projects, involving additional capacity
of 60 million tones and an investment of Rs.4, 527 crore has been
approved.
Eight
port developers keen on JNPT bulk terminal Major
international and domestic port developers — Maersk India,
P&O Ports, Hutchison International Port Holdings, ICTSI Ltd,
Halcrow, Container Marine Agencies, Skanska Cementation India,
Mahindra Realty & Infrastructure Developers are among companies
that have sent in their expression of interest (EoI) to develop
and operate the bulk terminal on a build-operate-transfer (BOT)
basis. The total cost of the bulk terminal project will be about
Rs 700 crore. The bulk terminal project involves design, finance,
construction, management and operation of the same for a maximum
license period of 30 years.
CONCOR
to take up major expansion Container Corporation
of India Ltd. (Concor) has drawn up a Rs. 1,400 crore expansion
plan to be taken up in the next five years. Under the plan, the
Concor will take up planned expansion of its terminals, containers,
inland container depots (ICD), rolling stock, information technology
and manpower. Concor, which currently has 42 ICDs plans to increase
the number to 54 over the next two years. Among the cities, where
the ICDs are being planned include, Jodhpur, Jaipur, Pondicherry,
Rajkot, Miraj, Balasore and Bhusaval. Similar ICDs have been planned
at Raipur, Dadri (near Ghaziabad) Ankleshwar, Faruha (Bihar) and
Mirzapur (Uttar Pradesh) by end of 2003.
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