Financial Daily from THE HINDU group of publications
Friday, Dec 30, 2005
Financial Daily from THE HINDU group of publications Friday, Dec 30, 2005 |
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Logistics
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Shipping Paradip port to install 2 new cranes Our Bureau
Kolkata , Dec. 29 PARADIP Port will shortly have two new cranes, each of 20-tonne capacity, installed at its central quay. Estimated to cost Rs 6 crore each, the cranes are being supplied by TIL Ltd. The port has also planned to replace two of its three existing 30-year old low capacity (13.2 tonne each) cranes installed at the eastern quay. The plan is to install two higher capacity (20 tonnes each) cranes. MECON has been appointed the consultant. The process of inviting bids is to start shortly. It will be another 20 months or so before the cranes will be ready for operation. The cost of the cranes, it is estimated, might be upwards of Rs 7.5 crore each. Meanwhile, MMTC and TM International Logistics Ltd are believed to have shown interest in bringing mobile harbour cranes to facilitate their operations in the port.
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