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#81 |
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Registered User
Join Date: Mar 2009
Posts: 1,259
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Ferrari Fan's explanation is correct. Atleast thats how we have been terming our expansions in my company.
Last edited by sridhar_n; September 26th, 2009 at 10:52 AM. |
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#82 |
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Registered User
Join Date: Aug 2009
Posts: 26
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A lot of people feel that Mundra port will exceed Chennai and JNPT in value. This is due to multiple reasons.
1. It is located outside cities like Chennai and can expand easily 2. It is able to serve multiple states in North (> 7) as they are not coastal 3. It is run very well, they started much later than Chennai and have more depth already Chennai port handles about 4 states at the moment. In general, as the southern states are coastal, they can build their own ports and this reduces the importance of any port in these states. While Chennai port is expanding, it is going to take a while for it to fight major ports in the world like Singapore or Shanghai. It wishes to get to 22m depth with the new cargo hub by 2012. It currently handles 1.2 million TEUs. By global standards, it has ways to go. The Colombo port handles 3.7 TEU of which a lot is transshipment. If Chennai port grows sufficiently, it can reduce the impact of the Colombo port, as major part of the port use is for transshipment. People suggested that Tuticorin port can do this. However, there is a dredging problem that currently prevents this. Last edited by NewIdeas; October 2nd, 2009 at 02:48 AM. |
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#83 | |
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Registered User
Join Date: Jul 2009
Location: Chennai - My ever loved city
Posts: 1,314
Likes (Received): 11
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#84 |
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Registered User
Join Date: Aug 2009
Posts: 26
Likes (Received): 0
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#85 |
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Registered User
Join Date: Jul 2009
Location: Chennai - Mumbai
Posts: 979
Likes (Received): 1
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right chennai port should become one of biggest port in the world...
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#86 | |
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Power to Change
Join Date: Aug 2009
Location: Chennai-Hyderabad
Posts: 122
Likes (Received): 1
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NHAI likely to wind up Ennore road connectivity project
Source Quote:
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Everyone thinks of changing the world, but no one thinks of changing himself -- Leo Tolstoy |
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#87 |
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Power to Change
Join Date: Aug 2009
Location: Chennai-Hyderabad
Posts: 122
Likes (Received): 1
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Major ports’ traffic rises 2.39% in first half
T.E. Raja Simhan Chennai, Oct. 12 Increased handling of iron ore, POL (petroleum, oil and lubricant) and thermal coal boosted traffic at the 12 major ports during the first half of the current fiscal ending September 30. Traffic increased by 2.39 per cent in the first half to 267.97 million tonnes (mt) compared with 261.72 mt in the corresponding period last year. Thermal coal traffic increased by 16.38 per cent to 23.03 mt (19.78 mt); POL increased by 2.40 per cent to 86.16 mt (84.14 mt) and iron ore increased by 4.79 per cent to 42.01 mt (40.09 mt). Handling of finished fertiliser, raw fertiliser and coking coal declined in the first half, according to data released by the Indian Ports Association (IPA). The port of Chennai showed turnaround from deficit handling till June 2009 of the current fiscal to turn positive at end of the first half. Kandla continues to be the top port with a volume of 39.34 mt in the first half followed by Visakhapatnam with 33.04 mt. Chennai overtook JNPT as the third biggest port with a volume of 30.47 mt for the first half of the current fiscal. “With the Chinese economy picking up we hope to see large volumes of iron ore exports from India,” said an official of a leading shipping company. Source
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Everyone thinks of changing the world, but no one thinks of changing himself -- Leo Tolstoy |
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#88 |
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Registered User
Join Date: Aug 2009
Location: CT/TN-chennai
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#89 |
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Registered User
Join Date: Jul 2009
Location: Chennai - Mumbai
Posts: 979
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is government taking any action for avoiding such problem from chennai port for free driving...?
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#90 |
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Registered User
Join Date: Aug 2009
Location: CT/TN-chennai
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automotives management yard at Ennore Port
Sical Logistics has formed a JV company with Japan's Mitsui OSK Lines for automotives management yard at Ennore Port near Chennai. As per the agreement signed on 14 October 2009, Mitsui will own 55 per cent while Sical will have 45 per cent equity.
The JV will combine the expertise of Mitsui in global automotives transportation and yard management with Sical's experiences in multi-modal integrated logistics and terminal operations. The yard will manage automotives in complete built-up unit and cater to automotive exporters and importers based in India, and are scheduled to commence in the next fiscal. source |
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#92 |
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Forza!
Join Date: Jan 2006
Location: Chennai + Hyderabad
Posts: 3,619
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No it isn't..
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Driving Trip across India | Driving Trip across Rajasthan | Chennai Pics | Photography | www.motjuste.biz |
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#93 | |
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Registered User
Join Date: Jun 2009
Location: Chennai / Richmond
Posts: 65
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Quote:
A 2004 article says that this project envisages the following, i don recollect anything being done. i. 4 laning of TPP (Thiruvotriyur - Ponneri - Panchety) ii. Strengthening IRR from Madhavaram @NH5 to Manali. iii. 4 laning access from Manali to ChPT and adding groynes for sea protection. Source: http://www.financialexpress.com/news...roject/121416/
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OrbitZen |
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#94 |
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Registered User
Join Date: Aug 2009
Location: CT/TN-chennai
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NHAI likely to wind up port road connectivity project
The Chennai port-Ennore road connectivity project has hit a roadblock with the National Highway Authority of India (NHAI) sending feelers to the Chennai Port Trust (ChPT) that “it would wind up the project” if the latter fails to pay its share of Rs 300 crore for the proposed project. NHAI has set a deadline of October 20, to the latter to release the amount, according to sources.
The Ennore Manali Road Improvement Project (EMRIP), conceived in 1998, has been under implementation for the last 10 years. The project envisages improvement of a 30-km road network in north Chennai, which connects all the container freight stations (CFS) handling containers for the Chennai port. According to sources, NHAI’s decision came after a meeting attended by the ChPT’s chief engineer in Delhi last week. It was learnt that NHAI had informed ChPT to release their revenue share, which at present is estimated to exceed Rs 300 crore. This is in addition to the debt of Rs 110 crore, for which ChPT has already given its concurrence to NHAI. ChPT had earlier paid an initial amount of Rs 38 crore, which is part of Rs 300 crore. Confirming the development that the port trust had received a letter from the NHAI and the same had been forwarded to the ministry of shipping for clearance, ChPT chairman Subhash Kumar said, “Our equity share has gone up in the project and we are awaiting a clearance from the ministry for the remaining Rs 240 crore.” The project is estimated to be around Rs 600 crore, of which only Rs 267 crore is the drawing and construction cost. According to industry experts, when the project was conceptualised in 1998, the project cost was around Rs 100 crore which has now increased to Rs 600 crore. The delay in the project is resulting in a Rs 75 lakh loss for various logistics operators every day. Also, 350 accidents were reported in which 30 people died last year alone. According to industry representatives, vehicle movement has now increased to 4,350 a day as compared to 2,050 a day. Had the road been properly laid, the trade could have generated Rs 30,000 crore business in the last five years, they said. Another trade representative said the Chennai Container Terminal, inside the Chennai port, currently handles 100,000 boxes every month. This could have gone up 60 per cent if the connectivity had taken shape. It could have also brought in revenues of Rs 1,000 crore for the government since companies have to pay Rs 2.5 lakh duty for each container. In 2003, a special purpose vehicle (SPV) — Chennai-Ennore port Road Company — was formed along with NHAI and the Tamil Nadu government, in which ChPT was one of the partners. Subsequently, one of the stakeholders of the SPV — Ennore port — has pulled out from the project. source |
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#95 |
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Join Date: Aug 2009
Location: CT/TN-chennai
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Work on container terminal likely to begin by March '10
The Chennai Port Trust is planning to award the construction of its Rs 3,686-crore mega container terminal by March 2010. The proposed terminal will have a capacity of five million twenty foot equivalent units (TEUs) per annum.
CPT chairman Subhash Kumar said nine companies had applied for request for qualification of which eight had been shortlisted. These include L&T Transco Pvt Development Project Ltd, Chennai; Navayuga Engineering Co Ltd, Chennai; DP World Pvt Ltd, Mumbai; IL&FS Maritime Infra Co Ltd, Mumbai; Vadinar Oil Terminal Ltd, Mumbai; Mundra Port & SEZ Ltd, Ahmedabad; Lanco Infratech Ltd, Hyderabad, and GVK-Leighton Consortium, Mumbai. FGI Group failed to qualify. The port is awaiting security clearance, which has been verbally granted, said Kumar, adding the public-private partnership document was sent to the appraisal committee last month. It is planning to call for tenders in the next eight months and award the contract by March 2010. Of the total Rs 3,686 crore, Rs 963 crore would be spent for breakwater construction, Rs 500 crore for berths, Rs 360 crore towards dredging and Rs 124 crore for reclamation. The port contribution would be Rs 561 crore. Commenting on the status of ro-ro terminal and the multi-level car parking facility, he said initially the port had planned to build the facilities on its own but now it has been decided to construct these on a build, operate, transfer basis. The projects would involve around Rs 49 crore and Rs 80 crore respectively. Seven firms had responded to the expressions of interest. "Currently, the port is evaluating and would go for the RFQ shortly. The multi-level parking would have a capacity to park 6,000 cars,” added Kumar. While Hyundai Motor India Ltd (HMIL) exports from the Chennai port increased 80 per cent year on year, Ford India too has started exports. Initially the auto major is planning to export 26,000-27,000 cars every year. “Going forward, the Chennai port will be one of the major hubs for car exports. The port may plan one more multi-level car parking,” he said. The CPT has also proposed an idea to make Chennai port a gateway for international cruise. “The port is located in a metro and well connected to other places in the country. It can also receive chartered flights and this would attract international tourist,” he said. Till 2005-06, it received 15-16 vessels every year. This has now come down to only six, he said, adding, “We are not able to attract cruise due to poor infrastructure and lack of other facilities.” In 2008-09, Chennai port handled 57.49 million tonnes of cargo. It has set a target of 75 million in 2011-12 and 100 million in 2015-16. source |
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#96 | |
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Infrastructure Haua
Join Date: Sep 2009
Location: Mumbai
Posts: 290
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TN port to build mega terminal for Rs 3,686 cr investment
http://www.business-standard.com/ind...stment/376892/
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#97 |
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Registered User
Join Date: Aug 2009
Location: CT/TN-chennai
Posts: 832
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![]() Source : Tamil Murasu e-paper |
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#98 |
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Registered User
Join Date: Aug 2009
Posts: 26
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It is interesting to see that one of the biggest reasons for Chennai Port growth now is the expansion of economy of China. For instance, Ford is moving all of its exports to Chennai Port from JNPT by next year due to this reason. Additionally, the main competition is the Kolkata port in the east and is going through troubles of late. The govt is giving the Kolkata port a write off of Rs300 crores per year and is planning on stopping it. Of course, we now have the Ennore Port competing with the Chennai Port. The Japanese wish to make Ennore Port their main one for transport. Both Nissan and Toyota have decided on it and Japanese officials are pushing the govt with a list of infrastructure requirements for the port. So, Chennai and Ennore ports combine might become the top port of the country if it improves its infrastructure and keeps its development.
Last edited by NewIdeas; December 2nd, 2009 at 01:44 AM. |
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#99 |
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Join Date: Mar 2009
Posts: 1,259
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http://economictimes.indiatimes.com/...ow/5293048.cms
L&T plans to generate 7000 MW power 2 Dec 2009, 2015 hrs IST, ET Bureau COIMBATORE: Larsen and Toubro (L&T) has planned to increase its power generation capacity to 7000 MW in the near future. Speaking to reporters after inaugurating a casting unit in Coimbatore on Wednesday, L&T CMD A M Naik said, the company will embark on power generation projects to reach a capacity of 5000 MW thermal power and 2000 MW hydro power within five years. At present, its thermal power plant in Punjab generates 1320 MW and hydro power plant in North East produces 300 MW power. Mr Naik said, the company is currently using local coal as raw material but it is not averse to using imported coal, especially in coastal locations in the near future. While power business is major thrust area, the company is also equally focused on expanding its infotech business. "We want L&T InfoTech to grow faster. We are open to buying even small companies to make it sizable," he added. On the financial services front, Mr Naik said, the company has deferred its plan to launch a dedicated fund for infrastructure right now. "We haven’t taken any decision on it and we hope it will be launched in six months time," he added. Stating the company’s objective is to excel in hitch complex engineering works in alignment with the needs of the country, Mr Naik said, L&T is committed to expand business in Coimbatore when it plans to manufacture new products in the precision and line engineering segment. He said the casting facility opened on Wednesday at L&T’s ‘Coimbatore campus’ located in Malumichampatti village near here will mainly cater to wind power industry. "Nearly 75% to 80% of the castings would be sold to International wind turbine manufacturers in India," he added. The foundry has a peak capacity of 30,000 tonnes per annum and it is capable of continuous production of castings in the weight range of 10 to 25 MT each. The company has invested Rs 120 crore at the facility, taking its total investment in Coimbatore to Rs 320 crore. It already has precision manufacturing facilities for various purposes apart from a switchgear design centre and valves facility in Coimbatore. Noting that Tamil Nadu is top on its investment chart, Mr Naik said, the company is committed to invest Rs 4000 crore in port, shipyard and highways projects in the state. It is likely to be increased to Rs 5000 crore by next year. "This doesn’t include the investment already made in the facilities in Coimbatore and Chennai," he added. |
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#100 |
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Registered User
Join Date: Oct 2005
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Maersk to stop direct Chennai-US service
http://www.livemint.com/2009/12/0821...t-Chennai.html
Bangalore: The world’s biggest container shipping firm, Maersk Line, will stop a direct service from Chennai to the US east coast from 5 February and run it from Colombo instead, dealing a blow to the Union government-owned Chennai port’s ambition to become a hub. ![]() ![]() At least two Chennai-based shipbrokers familiar with the development confirmed Maersk’s plan, declining to be named as they are not authorized to speak to the media. Maersk is the container shipping unit of Danish shipping and oil conglomerate AP Moller-Maersk Group A/S. This move will also increase costs and mean delays for shipments from India, eroding the competitiveness of exports, said S.R.L. Narasimhan, secretary of the Western India Shippers Association. The Maersk service, introduced in 2007 to tap the boom in container shipments to and from the US, is being stopped as traffic between the countries has dropped as the effects of the global slump have made the service unviable, shipping executives in Chennai said. Clients in south India will now have to ship cargo to the Sri Lankan port on smaller feeder vessels, a process known as trans-shipment, which will add three-four days to the process. Other trans-shipment destinations from India are Singapore, Port Klang in Malaysia, Dubai or Salalah in Oman. India spends at least Rs1,000 crore a year on trans-shipment alone, as big ships are not able to call at the country’s ports due to depth restrictions, according to the Union shipping ministry. ![]() From Jawaharlal Nehru Port, India’s busiest container port located in Mumbai, there are three separate weekly direct services to the US. One is run by Maersk, the second by a consortium comprising Hapag-Lloyd AG, CMA CGM SA, APL Ltd and NYK Line and, the third by a consortium of UASC Ltd, Hanjin Shipping Co. Ltd, K Line and Yang Ming Marine Transport Corp. According to the terms of a contract signed with the Union government-owned Chennai port in 2001 for operating the terminal, DP World has to ensure that big main line vessels call at the port to haul cargo directly to destinations. This clause stipulated that at least 30% of the total container cargo handled at the terminal had to be moved in this way as part of efforts to make Chennai a container cargo hub on the east coast. Maersk Line confirmed it was making changes to the existing MECL2 service between Chennai and North America from 5 February. “We will offer multiple feeder sailings from Chennai to Colombo for onward connection to the MECL2, thereby providing more frequent sailing options to our customers,” said Rajiv Arvind, an executive looking after corporate communications at Maersk Line India. ---------------------------------------------------------------------- The Indian / TN govt's lethargic attitude towards Transhipment Hub is the main reason. No long term plans for port development. Colachel is in the media for the last 10 years. No action. Hope at least Kerala will develop the Vizhinam port and that way, some benefit will come to TN. |
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