MARITIME NEWSLETTER FOR THE WEEK ENDED SEPTEMBER 06, 2003

   

Chennai to auction its floating dock

Chennai port is looking to auction its floating dock Bharath that has created leaks and it is likely to sink in the Bay of Bengal.The dock was set up some 10 years ago by Chokhani group, a consortium of ICICI. The Mumbai based auctioning firm, manilal Kher Ambalal & co. has been appointed to handle the auctioning process. The last day for the submission of bids has been finalized which is on September 15 morning. According to sources cochin Shipyard Ltd. (CSL) in association with some foreign floating dock operator has shown interest in the proposal to buy it, but they withdrawn from the process as its foreign counterpart had lost interest in the same. The dock has an outstanding of about Rs. 150 crore and the consortium has clearly mentioned that the dock will be auctioned in as-is-where-is and as-is-what-is condition.

Commencement of berth No.4A at Haldia Dock

The berth number 4A, which is under construction at the Haldia Dock by International Seaports Pvt. Ltd, may start its operation by November. The project undertaken on the BOT basis will attract a sum of Rs 200 crore and have a capacity of three million tones.

DG Shipping has initiated Rs.15 crore e-governance scheme

In order to facilitate the shipping industry, shipping agents, training Institutes and seafarers. Directorate of shipping has initiated the Rs. 15 crore project which will be implemented in a phased manner by 2006-07.The planning commission has allotted a sum of Rs 3 crore in the current fiscal, Rs 5 crore each for 2004-05 and 2005-06, and a sum of Rs 1.5 crore for 2006-07.The project has already started in the Mercantile Marine Department (MMD), having a technical assistance. Project completion at MMD will bring minimum physical interaction between MMD and client and will ensure efficient planning and drastic reduction in file movement. The entire project will be implemented in different modules including those for examination management system, surveys and certification systems, ship registration and customer relationship management.

Hazira Port gearing up for container terminal

LNG operation at Hazira Port Pvt. Ltd. (HPPL), which is a fully owned subsidiary of Royal/Dutch Shell, will soon witness a non-LNG operation. As an initial kick before foraying into dry bulk cargo, the port is looking for a container cargo terminal as entry point. HPPL needs to put up a capacity of 5 million tpa of non- LNG cargo at Hazira as per its 30 years old agreement with Gujarat Maritime Board (GMB).According to an estimate the project will cost $ 200 million, which will invite major investment through strategic partner. They are also looking at the feasibility of a box terminal. According to P&O Ports, which are operating at Mundra International and Nhava Sheva and Chennai port, have said that an adverse tidal condition at Hazira port does not make it feasible to set up a box terminal.

ICD rake traffic to start shortly at Vizag terminal

As the railway connection to the Vishakapatnam container terminal have been established, the full fledged rake movement is likely to commence within 10 days from Sanathnagar (Hyderabad) as per the sources at the Visakha Container Private Ltd, they are even hoping to have a direct connectivity with the Tughlakabad (TKD) ICD near New Delhi within a month, this will help in reducing the transit time by 10 days to the Far East as compared with the TKD JNPT mode.

IPBCC declares a freight hike for the East bound cargoes

The shipments from the Eastern coast of India (including Bangladesh) may witness a price hike of $150 per TEU and $300 per FEU to the UK and Continent. The entire shipments from Kolkata/Haldia, Chittagong,Chennai,Tuticorin and Colombia to UK, North Continent, Scandinavia, Baltic, and Mediterranean ports will attract higher charges. The revised rate will be enforced from October 1. IPBCC has made a similar hike in the past when it increased the freight for the shipments from the west coast of India (including Karachi). A similar freight hike has been witnessed when UK and the Continent increased the freight for the Eastbound trades.

New Mangalore port witnesses a new handling record

The New Mangalore port has witnessed an increase of 6.54% of traffic handling from 2.19 mn tonnes in August as compared to 2.04 mn tonnes handled in march this year. The cargo handling has witnessed a growth of 2.04% i.e., from 9 million tonnes to 9.18 million tonnes during the first five months of current fiscal as compared with the same period of previous year and the number of vessel handled at the port has also witnessed an increase of 4.53% by handling a total of 369 vessels in August of same year.

Ocean Studies plan for new ships

In order to undertake a range of exploratory activity at low depths in the Exclusive Economic Zone (EEZ) in Indian Ocean, the Department of Ocean and Development (DoD) has planned to get a new ocean vessel which can undertake such operation. The Finance Ministry has already given its approval for the purchase of Rs 100 crore ships and it is only waiting for the final nod from the centre. According to the sources at DoD a Global tender will be floated in order to procure the vessel as per the requirement by the foreign or Indian company.

Pondichery as a free port

Speaking at the fifth meeting of Maritime States Development Council in Goa, the Pondichery Health and Port Minister Mr. E.Valsaraj, urged center to provide adequate budgetary support and declare Pondichery as a free port. The minister emphasized on the development of minor ports as it may play a greater role in India's foreign trade.

Proposal to operate a new dry dock facility for private operators at Kochi port

In order to keep pace with the changes taking place in the shipping industry, the Kochi port has proposed for the opening of a new dry dock facility for the commercial and private players. The decision to undergo with the project was enhanced by the confirmed enquiries from a private firm at Tuticorin and Inland Navigation Department of Kerala Government for the utilization of dry-dock facilities. The decision will help the port to increase its revenue and also helps in making the workshop and dry-dock as profit center.

 

 
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