Week ending January 14, 2001


News on Ports

Mundra Port to start operating its  container terminal in November 2001. The terminal will have a draft of 18.5 metres and is capable of berthing 8,000 TEUs vessel with  back-up area of 108 acres of container yard and container freight station (CFS). The first phase of Rs.4.5 billion container terminal has been completed by Kvaerner Cementation. The Mundra Port is being developed by Gujarat Adani Port Limited, a joint venture company promoted by Government of Gujarat and Adani Group.

Andhra Pradesh Government has signed a Memorandum of Understanding (MoU) with the Kakinada Indian Oil Consortium (KIOLC), consisting of IOC, Petronas of Malaysia and Cocanada Port Company Limited with its associates British Petroleum for setting up a Rs.195 billion LNG terminal at Kakinada. The terminal will be completed in 48 months in two phases.

Visakhapatnam Port Trust is considering the possibility of forming a collaboration with Malaysia's Port Klang Authority for developing a container terminal at the port, which will act as a feeder facility.

Petronet LNG Limited (PLL) has tied up a short-term bridge loan of Rs.14 billion from banks and Financial Institutions for setting up  a 5 million tonne LNG import facility at Dahej in Gujarat, at an estimated total cost of Rs.25 billion. Further, Asian Development Bank (ADB) has initiated talks with the PLL to pickup an equity stake in the company, through Asian Finance Investment Corporation (AFIC).

Adani Ports Limited  has receives bids from various crane manufacturer including Samsung and KHIC of South Korea, Kone of Finland and Fantuzzi-Noel an Italian-German joint venture company, towards the global tender floated by it. The Port will acquire two container cranes of 40 tonne each. The cranes having an estimated cost of Rs.250 million each will be installed at Mundra Port. 

The Siasen Energy Limited is facing uncertainty for its project at Kochi as the Kerala State Electricity Board is not signing the final PPA and escrow guarantee for over 18 months. The Siasen Energy Limited is setting up a 1200 MW power plant adjacent to the proposed 2.5 million tonne LNG terminal and is promoted by Malaysia Infrastructure Project Company Pempinaan Redzai and  Australian Energy Equity Corporation.

British Gas will shortly invite bids for setting up a 2.5 million tonne LNG import terminal at Pipavav Port in Gujarat. 

Paradip Port Trust sets a new single day handling record by handling a total cargo of 1,00,635 tonnes on January 6, whereby surpassing its previous record of 90,464 tonnes.

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News on Shipping

The Indian Navy is holding its first International Fleet Review (IFR) to mark the golden jubilee of India becoming a republic and also the navy dropping its colonial title 'Royal' and becoming 'Indian'. About 22 countries sending their warships to form review lines in Mumbai Harbour along with the Indian Naval Ships.

The Shipping Corporation of India (SCI) has sought government approval for the acquisition of two new Long Range (LR) II crude oil tankers of 1,40,000 deadweight each at a total estimated cost of Rs. 4.512 billion.

The Ministry of Shipping has asked the Finance Ministry for scrapping of the corporate tax in favor of tonnage tax in the forth coming budget to boost the shipping industry. The other demands put forward by the industry are import of second hand ships under open general license and higher rate of depreciation at 40 per cent for the shipping industry.

Essar Shipping is attempting to reposition itself as a logistics solution provider by restructuring its existing business of energy transportation, integrated coastal services and terminal business.

Surrendra Overseas Limited is contemplating to sell APJ Angad, a 27,000 DWT bulk carrier, by October 2001, in order to repay a part of the loan that it has taken to fund the acquisition of the 75,000 DWT Panamax bulk carrier, currently being built at Hyundai Shipyard in South Korea.

Mercator Lines Limited plans to acquire a second-hand product tanker at US$6 million by March end. The company plans to setup a wholly owned overseas subsidiary to acquire this tanker, which will allow it for a foreign flag and later charter to the parent.

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News on Shipyards

Loan Interest Subsidy Scheme (LISS) for the Inland Water Transport (IWT) sector is scrapped by the Ministry of Shipping with effect from January 9. However, claims received from IWT operators for availing  themselves of the LISS up to January 9, will be considered. The LISS will be replaced by a new vessel building subsidy scheme which will provide better fiscal incentives to attract private investments.

Hindustan Shipyard Limited's global tender, for the construction of Rs.200 million floating dock has attracted bids from 16 foreign shipyards. This is the second time shipyard has floated global tenders for the floating dock, as the earlier one was cancelled due to "certain legal problems" after being awarded to a Chinese Shipyard. The floating dock is expected to be completed in 14 months from the allotment of work.

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News on Logistics

A seminar on logistics management was organized from January 12-14 by the Confederation of Indian Industry in association with the Madhya Pradesh State Industrial Development Corporation . The theme of seminar was business development for logistic solutions and logistics service providers.

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Jawaharlal Nehru Port Trust  has invited offers for 

Tender for: Supply of 1 no/2 nos tractor/reverse tractor tugs of minimum 45 t bollard pull, on charter to the JNPT for period of 2 years extendible for any period up to 1 year at the discretion of JNPT. Year of built of tug should not be earlier than 1, 1995.
Address for communication
: The Dy. Conservator,
Jawaharlal Nehru Port Trust, Administration Building, Sheva, Navi Mumbai.
Last date for submission
: January 29, 2001.

Andaman Harbour Works  has invited offers for 

Tender for: Construction of RCC Jetty at Mus in Car Nicobar Island, A&N Islands - Construction of berthing jetty.
Tenders may be obtained from
: The Executive Engineer (Marine), Andaman Harbour Works, Mus, Car Nicobar; The Officer-in-Charge, Little Andaman Cell, Andaman Harbour Works near Fisheries Jetty, Port Blair-744101; The Officer-in-Charge, ALHW, Marine House, Hastings, Calcutta-700022; The Senior Hydrographic Surveyor, Minor Ports Survey Organization, Commerce House, 4th Floor, Mumbai-400001 on payment of Rs.1,000 between 05-02-2001and 09-02-2001.
: Rs.1.00lacs
Last date of submission
: 14-02-2001 up to 15.00 hours.
Period of completion
: 14 months

Naval Science and Technological Laboratory has invited offers for 

Tender for: supply of the one ocean going GRP boat with standard accessories with the following specifications:(a) Overall length: 13.2 metres; (b) Breadth: 3.1 metres: (c) Draft: 1 meter: (d) Displacement: 4.6 tons: Hull depth: 1.56 metres.
Address for communication
: The Director, Naval Science and Technological Laboratory, Visakhapatnam.

Last date for issue of tenders:
January 25, 2001 by post and January 30, 2001 up to 12.00 hours in person from NSTL, Visakhapatnam.
Last date for submission of tender
: January 31, 2001 up to 14.00 hours.

The Inland Waterways Authority of India has invited offers for 

Global Tender for: Construction and supply of non-propelled Cutter Suction Dredger (CSD) and Work Boat powered by twin screw driven by two diesel engines, each developing sufficient Hp to assist the dredger in two cover system (Cover I: Techno -Commercial Bid, and Cover II: Financial Bid-one Tender , Separate Prices).
Tender may be obtained by
: submitting non-refundable Demand Draft of Rs.1,500 drawn in favour of "IWAI FUND" payable at Noida, New Delhi, from January 10, 2001 to January 27, 2001 between 1000 hrs and 1700 hours (IST) on any working day from Monday to Friday, from the office of the Chief Engineer at the address mentioned below.
Address for communication
: The EOI is to be submitted at The Inland Waterways Authority of India, Ministry of Shipping, A-13, Sector 1, Gautam Buddha Nagar, Noida 201 301
Tel: 91 118 454 4036
Fax: 91 118 454 3973
Rs.1.00lac/ US$2,150
: September 2001

Goa Shipyard Limited has invited offers for 

Tender for: transportation of various imported consignment from abroad to Mumbai/ Goa, India, on Air Consolidation basis for the period from 01/03/2001 to 28/2/2002.
Tenders may be obtained from
: General Manager (Commercial) Goa Shipyard Limited, Vasco, Goa-403802 ( Phone-516234, Fax-512148); and P. K. Muzumdar, Dy. General Manager, (Commercial), Goa Shipyard Limited, c/o Mazagaon Dock Limited, Dockyard Road, Mazagaon, Mumbai-400010 (Phone-3738321, 3738749) on any working day between 10.00 hrs to 15.00 hrs upto 29/01/2001 on payment of Rs.500 (non-refundable) Demand Draft in favour of Goa Shipyard Limited, Vasco da Gama, Goa.

Last date for submission
: 15/02/2001 at 12 hrs & will be open on the same day at 15.00 hrs. at Goa office.

Goa Shipyard Limited has invited offers for 

Tender for: Electrical and Weapons System installation work onboard AOPV Yard 1180 (in two bid system, Part-I in Techno Commercial Bid & Part-II in Price Bid separately).
Tenders may be obtained from
: Commercial Department, Goa Shipyard Limited, Vasco, Goa-403802 on payment of Rs.500 per set of tender forms by non-refundable Demand Draft in favour of Goa Shipyard Limited, Vasco da Gama, Goa on working days between 0930 hrs to 1600 hrs and on Saturday between 1000 hrs to 1200 hrs up to February 10, 200. The tender set can also be obtained from Mumbai office c/o Mazagaon Dockyard Road, Mazagaon, Mumbai-400010 (phone-3738749, Fax-3738140).
Last date for submission
: 20/02/2001 at 12 hrs & Technical bid will be open on the same day at 15.00 hrs. at Goa office. "Price bid will be opened at a later date in the presence of the tenderer".

Punjab State Container & Warehousing Corporation has invited offers for 

Tender for: Paving of Buffer Yard and allied civil and electrical works at Dronagiri Node, Navi Mumbai.
Tenders available at: Engineer -In-Charge, Punjab State Container & Warehousing Corporation, Plot No. 2. Sector-2, Dronagiri Node, Uran, Navi Mumbai on payment of Rs. 1000/-  on any working day upto 5.00 p.m. on 30.01.2001.
EMD: Rs.1.00lacs
Last date of submission:  31.01.200 up to 13.00 p.m


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