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Showing posts from November, 2014

EXCLUSIVE: Good days are ahead for road & port projects in Tamil Nadu: Pon Radhakrishnan

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Source: http://www.portwings.in/shipping/good-days-are-ahead-for-road-port-projects-in-tamil-nadu-pon-radhakrishnan/  “For the sake of speeding up pending projects in the state, I am ready to meet anybody in Tamil Nadu government,”  Mr Radhakrishnan. Port Wings News Network: I am fully confident that the Tamil Nadu government will extend its support for early completion of Union Government supported road projects in the state, new Minister of State for Road Transport & Highways, Shipping Mr Pon Radhakrishnan has said. In an  exclusive interview to Port Wings , Mr Radhakrishnan said, “When I met and interacted with the Tamil Nadu Chief Minister Mr O Paneerselvam at Secretariat recently, got the sense that state government too understood the importance of Ennore Manali Road Improvement Project (EMRIP) and Chennai Port-Maduravoyal Elevated Expressway, which would not only help the Chennai Port but also the whole Chennai City.” It is worth recalling...

Wake-up call: City growth strangulates Chennai Port

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Source: http://www.portwings.in/ports/wake-up-call-city-growth-strangulates-chennai-port/ Port Wings News Network: Chennai Port, one of the oldest ports in the country and known as the “Eastern Gateway Port” by Exim fraternity seems to be passing through turbulent times nowadays . While the Chennai Port has registered a phenomenal growth in containerized cargo handling over the years, lack of future planning by the Chennai Port Trust for timely cargo evacuation via its gates is hampering its growth. Officially, Chennai Port has 14 gates for movement of cargoes. When it comes to actual usage, only three gates are in operation now . Though volume of cargo (both breakbulk and containerized) and traffic (both heavy vehicles and container trailers) has grown up several times over the years, only these three gates cater to all the movement. Gate No.2, which is close to a residential locality called Royapuram, was closed two years ago due to one fatal accident where a wh...

We plan to make Sri City a smart city : Ravindra Sanna Reddy

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Source: http://www.portwings.in/articlesinterviews/we-plan-to-make-sri-city-a-smart-city-ravindra-sanna-reddy/ Port Wings News Network: We plan to make Sri City a smart city and will have around 500 factories when the project is complete, Mr. Ravindra Sanna Reddy, Managing Director, Sri City, has said. In an exclusive interview to Port Wings, Mr Reddy said, “We anticipate Sri City will become that to India what Shenzhen is to China . Sri City will become a hub for everything.” He also spoke elaborately on Sri City and future plans to emerge as numero uno (the best) SEZ in the Country. Excerpts… 1.        Tell us the saga of Sri City, from concept to commissioning? Mr. Ravindra Sanna Reddy, MD, Sri City: After completing my MSE degree in Environmental Engineering from The Johns Hopkins University, Maryland, USA and a successful stint in Information Technology Industry, the experience had allowed me to amalgamate the knowledge gained...

Wakeup call for major ports

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Port Wings Editorial, Nov 19, 2014 Source: http://www.portwings.in/editorial/wakeup-call-for-major-ports/ India has 12 major ports, controlled by the Union Government and about 200 non-major ports, developed by private players in agreement with respective state governments. Cargo traffic, which was 911.5 million metric tonnes (MMT) in 2012 is expected to reach 1,758 MMT by 2017. The Indian ports and shipping industry plays a vital role in sustaining growth in the country’s trade and commerce. India, with a coastline of about 7,517 km, is currently ranks 16th among maritime countries. According to the Ministry of Shipping, around 95 per cent of India's trade by volume and 70 per cent by value takes place through maritime transport. India lies in geographical proximity to important shipping routes which gives a natural advantage to the country's shipping. Moreover, shipping is no longer an isolated mode of transport but forms a part of an intermodal transport ...

Blackmoney Bomb

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Port Wings Editorial, Nov 12, 2014: Though the shadow of blackmoney was growing for the past three decades, only three years ago, the Supreme Court of India delivered a landmark judgment in response to a law suit filed by noted lawyer Ram Jethmalani seeking direction to the Union Government to reveal the names of Indians who had stashed black money in foreign banks. Since then, the new generation has swallowed the word blackmoney and whenever gets time, simply blames the political class for draining out Indian economy and stashing the looted wealth away in banks located in foreign countries. While on the campaign trail, Prime Minister Modi assured the people of the country that each of 125 crore Indians would be able to get Rs 3 lakh when he brings back black money stashed away in foreign banks. However, the BJP government, which had a different view on the issue while in opposition, is following the same-line what the then Congress government had on bringing back...

World Maritime University proposes to establish “Indian Professorial Chair”

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Source: http://www.portwings.in/education/world-maritime-university-proposes-to-establish-indian-professorial-chair/ Port Wings News Network: World Maritime University, a postgraduate maritime university founded in 1983 by the International Maritime Organization (IMO) at Malmö, Sweden, has signed an agreement with India to establish an “Indian Professorial Chair in Port Management” that will support a full professor at WMU for a five-year period. On behalf of the country, Dr. Vishwapati Trivedi, Secretary, Ministry of Shipping (which looks after the interests of maritime education in India) signed the agreement with the WMU. Professor Neil Bellefontaine, WMU Acting President, said that the new Professorial Chair will benefit maritime capacity building worldwide through supporting the education of students at WMU. WORLD MARITIME UNIVERSITY GRADUATION 2014 Mr. Koji Sekimizu, WMU’s Chancellor and Secretary-General of the International Maritime Organization (IMO...