"Once the pipeline becomes operational, HDC will lose an annual cargo inflow of 18 million tonne in petroleum and POL products. Given that HDC earns about Rs 100 per metric tonne, the loss works up to Rs 180 crore," Secretary of the Haldia Dock Officers' Forum R K Burman told PTI. Besides, the three oil jetties at HDC, set up at a cost of about Rs 75 crore (Rs 750 million), would become underutilised, Burman said.
The Russian, identified as Milyakov Sergey, was found dead in a ship anchored at Paradip Port in Jagatsinghpur district.
India's private and state government-owned ports (non-major ports) continued to grow faster than those owned by the Centre (major ports) through the first three quarters of 2023-24 (FY24), cargo handling data shows. At 604 million metric tonnes (mmt), cargo at major ports grew by 5 per cent between April and December, while non-major ports' cargo traffic growth was 11 per cent at 531 mmt. During December 2023, central government-owned ports in India handled cargo volumes of 69.9 mmt, a tepid year-on-year (Y-o-Y) growth of 0.7 per cent.
On June 1, 2010, under Indian Ports Act, 1908, govt declared Port Blair as 13th major port in India
The Shipping Ministry will award 30 port projects during the current financial year, which are likely to come up at an investment of about Rs 25,000 crore (Rs 250 billion).
With development of the Vadhavan port, India will break into the countries with top 10 container ports in the world.
Carrying their baggage, thousands of people are leaving the port town of Paradip to escape the wrath of the severe cyclonic storm 'Phailin' which is expected to make landfall in Odisha in less than 24 hours.
A task force, under the chairmanship of the secretary (tourism), with the secretary (shipping) as co-chairperson, has been constituted to promote cruise tourism in the country, reports Megha Manchanda.
The 80-odd projects completed till now are already valued at Rs 14,000 crore.
Each port will construct one smart city.
In many cases, all that is required is a final letter from the ministry
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