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Shipping Ministry unveiled a 100-day agenda on Wednesday that included more public-private partnership (PPP) projects for building ports and revised guidelines for port operations, among others.


Shipping Ministry Unveils 100-Day Agenda
Last Updated: 2009-07-01T16:20:42+05:30
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Shipping Ministry unveiled a 100-day agenda on Wednesday that included more public-private partnership (PPP) projects for building ports, revised guidelines for port operations, and speedier acquisition of ships and equipment, among others.

Five more PPP projects are likely to be sanctioned, including coal terminals at Paradip and Mormugao ports and container terminals at Ennore and Tuticorin, according to the Shipping Minister GK Vasan.

Besides, an agreement was signed with a consortium in Delhi on Wednesday for the construction of a deep draught iron ore terminal at Paradip port. The Rs 506-crore project will add capacity of 10 million tonnes per annum to the port. The total estimated cost of the six projects is about Rs 3,320 crore.

The ministry is also seeking to declare the Andaman and Nicobar Islands and Lakshadweep as major ports once the cabinet gives its approval.

Acquisition of ships by the Shipping Corporation of India is on the anvil, and the ministry will sign and necessary contracts with Cochin Shipyard, a statement said.

Some of the other targets for the ministry are:

Shipping Corporation of India to acquire three trailer suction hopper dredgers at an estimated cost of Rs.1,570 crore.

Implementing the second phase of dredging on the Kollam-Kottapuram canal at a cost of Rs 89.74 crore.

Part-commissioning of small ship division of Cochin Shipyard Ltd at a cost of Rs 98.63 crore.

Acquisition of two passenger ships for Lakshadweep and Andaman and Nicobar administrations.

Examining financial restructuring of Hindustan Shipyards and transfer of assets to defence ministry.

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