Week ending January 21, 2001


News on Ports

Kandla port has been notified as 'Goods Booking Station' by the railway authorities. This will result in no haulage charges levied on the cargo booked from Kandla Port up to Gandhidham.

The Government is reconsidering the proposal of handing of container terminal in Chennai and Kochi Ports to P&O Ports as the company is already controlling a terminal in Colombo, a main competitor to the Indian Ports. 

The Mechanical Ore Handling Plant of Mormugao Port Trust has set a record by loading 10.2 million tonnes of iron ore on the ships as against its assessed annual capacity of 9.8 million tonnes during the year.

The Cabinet Committee on Economic Affairs (CCEA) has cleared revised cost estimates from around Rs. 1.68 billion to Rs. 2.15 billion for the modernization of the marine oil terminal at Jawahar Dweep in the Mumbai Port . The modernization of terminal will result in the increase of overall transfer rates for crude oil and other POL products as well as faster turn around of vessels. The project is expected to be completed by February 2003.

West Bengal Transport Infrastructure Development Corporation (WBTIDC) plans to develop a canal on the western fringes of the city for ferrying cargo and passengers. At present, Churial Khal in Behala in the South 24 Parganas is used as an irrigation canal as well as drainage canal for carrying storm water. It has proposed to develop this 14-Km long canal at a cost of Rs. 2.5 million. The project is  financed by state transport department and is expected to be completed in six months.

Mumbai Port Trust (MbPT) is implementing Voluntary Retirement Scheme (VRS) to reduce its workforce by half from  the present level of 30,000 to 16,000 on account of  huge deficit of around Rs. 4.0 billion incurred by the port. All the employees in the 40-plus age group with 10 years of service left are expected to opt for the VRS. The MbPT would be spending around Rs. 7.0 billion on the VRS.

The 'Go Slow' move resorted by the Chennai container terminal workers following the non-implementation of their long pending incentive scheme has started affecting the trade. The productivity has come down to 50 boxes per shift per gang from over 100 boxes per shift per gang handled before the 'go slow' and this has resulted in the increase of waiting time for ships at berths.

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News on Shipping

GE shipping has bought back 18 million shares worth around Rs. 660 million constituting about 7 per cent of its equity capital of Rs. 2.58 billion under its share buy back programme.

The Secretary-in-Charge of the Ministry of Shipping, Mr. M. P. Pinto is favouring the opinion that the transportation of LNG should be carried out by Indian shipping company using Indian flag vessels rather than debating on the Free-On-Board (F.O.B.) or Cost, Insurance and Freight (C.I.F.) options. 

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News on Logistics

The Second Vivekananda Bridge Tollway Group (SVB TG), a consortium led by the Asian Infrastructure Development Corporation (AIDC), has bagged the Rs. 6.0 billion project for the construction of a second bridge across river Hooghly on NH-2 in West Bengal on a Build-Operate-Transfer (BOT) basis. The six-lane highway project will cost over Rs. 1.0 billion. The promoters are expected to bring in foreign direct investment to the extent of 20 percent of the total project cost.

According to the Union Minister of State for Road, Transport and Highways, the Rs. 600 billion Highway corridors extending from North-South and East-West National Highway is expected to be completed by 2003. The preliminary work on the project has started and a bid would be invited in June for further work on these highways.

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Tuticorin Port Trust has invited offers for 

Tender for: Design, Manufacture and supply of rubber dock fenders for cargo berth No. 8 at Tuticorin Port.
Tender may be obtained from: Chief Engineer, Tuticorin Port in person on payment of a non-refundable amount of Rs. 1000 by cash or demand draftdrawn in favour of "The Financial Adviser & Chief Accounts Officer, Tuticorin Port Trust, Tuticorin- 628 004". on any working day between 11.00 hrs to 15.00 hrs.
Issue of tender document: from 25-1-2001 to 15-2-2001. 

: Rs. 1,00,000/-
Last date of submission
: 22.02.2001 up to 1500 hrs.
Date of opening:22-2-2001 at 5.30 hrs.

The Inland Waterways Authority of India has invited offers for 

Tender for: (1) Construction and supply of non-propelled Cutter Suction Dredger (CSD) - Qty : 3 nos. and (2) Construction and supply of Work Boat powered by twin screw driven by two diesel engines, each developing sufficient Hp to assist the dredger- Qty. : 3 nos. in two cover system (Cover I: Techno -Commercial Bid, and Cover II: Financial Bid-one Tender , Separate Prices).
: Dredgers shall be of draught of 1.2 m. CSDs should be with spuds, capacity of 400-600 m-3/hr of solids, swing of 30-40m with pipelines capable of discharging beyond 200m & 80m side casting distance with a nozzle attachment. Party would deliver vessels at Calcutta to IWAI.
Pre-qualification criteria:
Tenderer shall be registered in appropriate class with related organizations having experience for similar works. Should have supplied at least 1 similar vessel satisfactorily during last 3 years costing Rs. 500 lakh.
Address for communication
: Inland Waterways Authority of India,  A-13, Sector 1, Gautam Buddha Nagar, Noida 201 301
Last date: January 29, 2001, 15.00 hours.

Goa Shipyard Limited has invited offers for 

Tender for: Insulation work onboard fast patrol vessels YD. 1182-83
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 all working days between 14.30 hrs to 16.30 hrs except on Saturday up to February 6, 2001. 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
: 13/02/2001 at 15 hrs & Technical bid will be open on the same day at 15.00 hrs. 


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