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Witnessing Quantum Jump

In light of the various infrastructure development initiatives by our government and expansion plans declared by various related agencies, the Bulk Material Handling Equipment (BMHE) sector

Essar?s Vizag Port facility boosting third-party business

Post the taking over of Vishakhapatnam Port Trust?s (VPT?s) Iron Ore Handling Complex (OHC) on a Build-Operate-Transfer (BOT) basis for a period of 30 years in May 2015, Essar Vizag Terminals Ltd (EVTL), a wholly owned subsidiary of Essar Ports Ltd (EPL) has boosted the EPL?s strategy of diversifying its customer profile.

Two mobile cranes at Vizag port

Visakhapatnam Port has decided to acquire two more hi-tech 100-tonne harbour mobile cranes to handle Panamax vessels in the Inner Harbour. Each crane costs around Rs 35 crore.

Ports in Andhra witness decline in ore cargo

The hike in export duty on iron ore, increase in railway freight rates for export cargo of ore and the ban on illegal ore mining affected exports of the raw material. Gangavaram Port exported only 271,000 tonne this year as against 2.1 million tonne last fiscal. Other ports in Andhra Pradesh Visakhapatnam and Kakinada deep water ports lost 30 per cent in iron ore cargo traffic during 2012-13. In 2011-12, Kakinada Port

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