• 2007 March 27 11:49

    Concor (India), Gateway Rail ink deal for container terminal

    Container Corporation of India (Concor) and Gateway Rail Freight Pvt Ltd, a subsidiary of Gateway Distriparks, have entered into an agreement to set up a joint venture company to construct and operate a rail-linked double-stack container terminal at Garhi Harsaru near Gurgaon in Haryana connecting NCR to the western ports. Gateway Rail acquired a rail container operating licence last year.
    "The terminal would be built with an investment of Rs 70 crore, with an equity element of Rs 21 crore," said Mr R.K. Mehrotra, Managing Director, Concor. Gateway Rail and Concor will have shareholding in the ratio of 51:49 respectively in this venture. The depot is expected to be in place in one year, he said in a press conference here today.
    The terminal will be spread over an area of about 100 acres and will have a rail handling and transshipment terminal, an ICD, multiple container freight station, warehouse complex and a domestic cargo hub. It will also have a large warehousing complex for both bonded and transit cargo with separate facilities for cold storage, reefer containers and for domestic cargo. The move is aimed at consolidating cargo volumes of north India for double-stack container train operation on the diesel route from NCR to JN Port, Mundra and Pipavav using the Delhi-Rewari-Ringus-Phulera route. This terminal is likely to be connected to the proposed Western Dedicated Rail Freight Corridor, and have road links to the proposed Kundali - Manesar - Palwal (KMP) Expressway.
    It will also be developed as a hub for rail transport of cars and two-wheelers between north India and western, central, eastern and southern Indian locations. "With Maruti's plans to export about three lakh cars every year, we are eyeing that traffic and we are in talks with various automobile firms including Maruti," Mr Mehrotra said. Concor, which had entered into an agreement with NYK Liner for offering automobile services with specially designed wagons, stated that the joint venture company would supplement the agreement with NYK. "Our MoU with NYK allows us to get additional strategic partners as well," he said.
    On whether Concor is talking to Pipavav Rail Corporation (another company with rail container operations licence), which has specially designed containers to be able to move more cars in a rake, Mr Mehrotra said, "We are open to talks with everybody including Pipavav Rail."
    Other container operators would be allowed to use the terminal facilities depending on capacity availability, Mr Gopinath Pillai, Chairman, Gateway Distriparks said, declining to divulge the access charges.
    The terminal will cater to the industrial areas of Delhi, Bijwasan, Gurgaon, Manesar, Dharuhera, Bawal, Hissar, Sonepat, Panipat in Haryana and Bhiwadi, Neemrana and Behror in Rajasthan. The terminal will also facilitate the export-import traffic from the proposed Haryana SEZ.
    Gateway Rail has already placed order for two rakes (each rake consisting of 45 wagons), one of which is expected to be delivered within two weeks, Mr Pillai said.
    This agreement replaces the existing agreement between Concor and Gateway Distriparks on train operations from ICD Garhi Harsaru. Gateway Distriparks has an operational rail-linked ICD at this location. Currently, Concor provides rail connectivity to this ICD. The operation of this ICD will be taken over by the joint venture company. Rail operations will now be done jointly by Gateway Rail and Concor.

2018 November 15

18:03 Costa Smeralda to call on Cruiseport Rotterdam
17:54 Polish LNG Conference 2018 concludes in Warsaw
17:25 Port of Singapore throughput in 10M’18 grew by 0.7% Y-o-Y to 523.73 million tonnes
17:03 Maersk Line announces rates from Mediterranean to West and Central Asia
16:52 Expert says downward trend in bunker prices may continue next week
16:30 Nevsky Shipyard launched dry cargo vessel of Project RSD59 «Pola Anfisa»
16:19 "K" Line takes delivery of coal carrier “SHONAI MARU” for JERA Trading
16:04 ICTSI names new APAC head
15:22 Meyer Turku starts construction of Carnival XL1
15:03 Port of Antwerp signs an agreement with Enabel
14:34 Throughput of Ukraine’s seaports in 10M’18 declined by 0.7% Y-o-Y to 108 million tonnes
14:03 Pavilion Energy and Novatek agree to strengthen their LNG partnership
14:00 Damen hands over four FCS 2610 vessels to Allianz during ADIPEC
13:36 ABS awards industry’s first offshore facility cyber security-ready notation to Sembcorp Marine
13:23 NOVATEK’s Board of Directors to be elected on 18 January 2019
13:00 Zvezda shipyard started serial manufacturing of Aframax-class tankers
12:39 Residents of Riga and the Port outline a common vision for the future
12:04 Singapore hosts 10th APEC Port Services Network (APSN) Port Connectivity Forum
11:48 Bunker prices are still high in the Far East ports of Russia (graph)
11:22 Sea Port of Saint-Petersburg’s allocations for its development programme totaled RUB 413.5 million in 9M’2018
11:03 NYK promotes decarbonization through exploratory design of NYK Super Eco Ship 2050
10:51 ABS and HHI pioneer Cyber Security standard for new vessels
10:25 Brent Crude futures price down 0.18% to $66, Light Sweet Crude – down 0.36% to $56.05
10:11 OOCL introduces new Asia – South Africa direct services
09:58 A.P. Moller – Maersk, CMA CGM, Hapag - Lloyd, MSC and Ocean Network Express plan to establish container shipping association
09:38 ASW Severomorsk of RF Navy's Northern Fleet completed a call to the Republic of Djibouti
09:16 Baltic Dry Index is down to 1,009 points

2018 November 14

18:37 Savannah achieves all-time record in October 2018
18:20 Sovcomflot concludes USD 149 million project credit facility with leading European banks
18:06 NYK and YLK jointly hold training program for staff from around the world
17:57 Organizers of “Dangerous cargoes: new transportation requirements” conference determined subjects to be discussed
17:36 Northwest Seaport Alliance adopts budget for 2019
17:07 DEME’s cutter suction dredger ‘Spartacus’ launched at the Royal IHC shipyard
17:06 Port of Rotterdam Authority wins 2018 ESPO Award
16:40 NIBULON’s fleet masters transportation of bulky cargo
16:38 Diana Shipping announces time charter contract for m/v Maia with Glencore
16:18 A.P. Moller - Maersk reports Q3 2018 results
15:48 1.348 million cbm to be dredged in Azov-Don River Basin this year
15:20 Stolt-Nielsen, Golar LNG and Höegh LNG announce joint $182 mln investment in Avenir LNG
14:56 World's most eco-friendly bulk carriers Viikki & Haaga operate in Baltic Sea
14:20 CHI Zhoushan is ready for LNG carrier repairs
13:37 DeloPorts published its operating results for Q3'2018
13:29 Damen Shiprepair Curaçao floating dock operational
13:15 Global Ship Lease announces new charter at increased rate
12:59 LUKOIL drilled second well in Eastern part of Yury Korchagin field
12:33 USC: aircraft carrier Admiral Kuznetsov to be out of repair on time
12:01 NYK introduces its initiatives of green bond
11:55 Clean water projects receive $3 mln from Long Beach Board of Harbor Commissioners
11:28 Navigation on Neva arms in Saint-Petersburg to close on November 15
10:45 IMO holds training for OSR officials in Myanmar
10:21 Brent Crude futures price down 0.29% to $65.28, Light Sweet Crude – down 0.45% to $55.44
10:02 GTT notified by Hyundai Heavy Industries for the tank design of a new LNG Carrier
09:59 STX receives AiP from LR for LNG-fuelled 50k dwt MR tanker
09:40 Bunker prices at the Port of Saint-Petersburg, Russia returned to September level (graph)
09:17 Baltic Dry Index is down to 1,064 points

2018 November 13

18:06 Navios Containers seeks to list on a U.S. stock exchange
17:53 BIMCO adopts 2020 bunker clauses
17:34 CMA CGM to revamp its CIMEX 2K2 service
17:11 Nevsky Shipyard takes part in «Transport of Russia» exhibition
16:56 NOVATEK shipped first LNG cargo to CNOOC