News on Ports

Kandla port, severely damaged by last months earthquake, is now fully operational. All the ten dry cargo berths and four oil jetties except oil jetty no. 1, at the port are functional. However, some berthing and working restrictions have been imposed for the vessels berthing at cargo berths one to six, which handle rice, wheat, soya, sugar, fertilisers, raw material, coal and other similar bulk cargo.

The Union Ministry of Shipping has directed all major port trusts and dock labour boards to close with effect from March 31, 2001, the Voluntary Retirement Scheme (VRS) in force since 1991. Recently, large number of workers opted for VRS opened by the Mumbai Port Trust and Visakhapatnam Port.

Mormugao Port has recorded a 12 per cent rise in export /import traffic during the 10 months of the current fiscal (April-January) over the corresponding period of the last fiscal. The port handled 15.3 million tonnes, compared to 13.7 million tonnes during the corresponding period of the last financial year. The export traffic consists of iron ore, alumina, calcined petroleum, coke, etc. while the import traffic includes POL, coal/coke, fertilizers, steel slabs, limestone, iron ore pellets etc. The iron ore traffic handled at the Mechanical Ore Handling plant showed an eight per cent increase during the period.

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News on Shipping

International Fleet Review (IFR) in which 30 countries participated was a grand success. The participation of 15 of 24 Indian Ocean rim countries in the IFR reinforced the widespread recognition of the rim countries enormous potential for regional cooperation. The naval ships which participated in the IFR have come loaded with consignments of relief materials for the people of quake-affected Gujarat.

The Shipping Corporation of India
(SCI) has raised external commercial borrowings (ECBs) of $115 million from the Royal Bank of Scotland and a three -bank consortium led by Bank of Nova Scotia. SCI has also raised a $28 million rupee loan from the Central Bank of India. The ECBs and rupee loan will be used for SCI's  $177.44 million fleet acquisition programme.

Essar Shipping Limited
is planning to mobilise around $200 million from the international market to part-finance its ship acquisition programme and to float an international subsidiary to focus on the tanker market.  The company is in the middle of a re-structuring process, focusing on to energy transportation, integrated coastal services and terminal business, to make itself a sea-logistics company. 

Great Eastern Shipping (GE Shipping) is planning to raise funds from the debt market, after the Reserve Bank of India made a cut in the bank rate, to fund its current fleet expansion and pre-paying the existing costlier debt. The company has already placed orders for three Aframax tankers worth $112 million at Samho Shipyard in South Korea. The company is also buying two offshore vessels for $25 million.

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News on Logistics

Rail terminal at Container Corporation of India's  Inland Container Depot (ICD) in village Maliwada, near Daulatabad station, Aurangabad has become operational. The train will carry export cargo to Jawaharlal Nehru Port and is scheduled to run twice a week (every Tuesday and Saturday evenings).

LCL Lines, the MTO division of the LCL group, Mumbai, in alliance with Express Logistics and Trade Private Limited, its partner in Jaipur moved its first consol container from ICD-Jaipur to its LCL hub in CWC Dronagiri Node on February 17, 2001. The LCL group offers worldwide services from all gateway ports in India through its network of offices in all major ports and ICDs in India.

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Dredging Corporation of India Limited has invited offers for 

Tender for: subcontracting the Pretreatment/Blasting and Dredging of hard strata expected to be countered in the following areas in Visakhapatnam Port Trust. (1) Outer Harbour Turning Circle (2) In front of LPG Jetty (3) Inner Harbour Channel and Turning Circle. The approximate quantity of Pretreatment/Blasting and Dredging involved would be 10,000 to 12,000 Cum. The tenders are invited in two cover system.
Tender may be obtained from
: Dy. General Manager (Projects), Dredging Corporation of India Limited, Dredge House, Port Area, Visakhapatnam by submitting a application and documentary evidence of having experience in carrying out similar works with a demand draft (non refundable) for an amount of Rs. 1000/- in favour of "Dredging Corporation of India Limited" payable at Visakhapatnam issued upto March 14, 2001 between 11.00 hours to 16.00 hours on all working days.
Last date for submitting tender
: March 15, 2001 upto 15.00 hours.

Cochin Port Trust
has invited offers for 

Expression of interest for: setting up of ship repair facilities in Cochin Harbour area from experienced and highly qualified domestic and international private sector ocean going ship builders/ ship repair units under BOT format or Joint Venture approach with Cochin Port Trust taking 26% equity.
Pre qualification criteria: Interested parties should present their offer with complete details of the project/methodology of operation, development plan and financial capabilities to Cochin Port Trust giving details of annual turnover, paid up capital, experience in ship repair work, details of major contracts undertaken during the last five years and marketing experience. Parties having less than five years of actual experience in the field of ocean going ship repair need not apply. The cover should be marked "Ship Repair Facilities".
Address for communication: Chief Mechanical Engineer, Cochin Port Trust, Willingdon Island, Cochin-682009, India
Last date for submitting expression of interest
: April 30, 2001 

Indian Farmers Fertilizer Co-operative Limited
has invited offers for 

Tender for: stevedoring and clearing and forwarding agent for handling 35,000 tonnes of imported DAP at New Mangalore Port during period March-June 2001.
Pre qualification criteria: Interested parties should have previous experience of handling imported bulk fertilizers, foodgrains, cement and sugar at New Mangalore Port and handled at least two to three bulk vessels with these commodities during the last five years.
Last date for submission of tender: March 2, 2001 upto 12.00 noon.

The Department of Fisheries
has invited offers for 

Tender for: carrying out hull and other machinery repair jobs for three nos of patrolling vessels viz Dakshata, Jaladhi, Pradnya in two covers (two bid system). 
Pre qualification criteria: firms having facilities of slipway and three years experience of hull and other machinery repair works in repair yards. Vessels are berthed at Alibag (Dakshata) Malvan (Jaladhi) and Ratnagiri (Pradnya) and can be inspected on any working day between 1.00 hours and 7.00 hours.
Address for communication: The Commissioner of Fisheries, Government of Maharashtra, New Administration Building, 2nd Floor, near Chetna College Government Colony, Bandra (E), Mumbai-51.
Last date for submission of tender: March 7, 2001 upto 13.00 hours.


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