• 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.

2019 January 23

18:27 Planning for 2020 IMO's sulphur cap has already started
18:13 Eagle Bulk receives commitment for a new credit facility totaling $208 million
18:02 Port of Gdansk (Poland) throughput in 2018 totaled 49.03 million tonnes, up 20.7% Y-o-Y
17:40 Andrei Malyarov elected as Chairman of Severnaya Verf shipyard's BoD
17:19 RWE files acquisition of renewables businesses of E.ON and innogy with European Commission
17:03 The Board of Directors of Fincantieri appoints a second General Manager
16:51 Ice restrictions at the port of Arkhangelsk come into effect on February 15
16:37 USCG interdicts smuggling boat with convicted criminals aboard off Florida
16:24 Regulatory issues related to operation of seaport infrastructure facilities to be discussed at the 2nd HES and Dredging Congress
16:08 First discharge of LPG from Ichthys LNG Project in Japan carried by “K” LINE’s VLGC “GRACE RIVER”
16:03 CMA CGM to launch its Med Pendulum Service (MPS)
15:46 Ice restrictions at the port of Vyborg (Leningrad Region) come into effect on February 6
15:33 Nakilat – Keppel welcomes first FSRU at the Erhama Bin Jaber Al Jalahma Shipyard
15:28 MHI Vestas achieves final turbine installation at Horns Reef 3
15:18 Rolls-Royce completes €57 million upgrade of Rauma thruster facility
15:03 NYK announces delivery of new coal carrier for Hokkaido Electric Power
14:33 Port of Oakland reports more ships than ever plugging into grid
14:20 Throughput of Port Vysotsky up 10.7% to 7.89 million tonnes in 2018
14:03 Kiel welcomes the TUI Cruises newbuilding
13:45 Admiralteiskie Verfi shipyard lays down large freezing trawler of Project СТ-192
13:27 Coast Guard’s only heavy icebreaker arrives at Antarctica
13:02 Rotterdam as a circular hub for the raw materials transition
12:58 The Russian Federation accedes to passenger compensation treaty
12:51 New initiatives to strengthen Singapore as a global maritime hub announced
12:37 SCHOTTEL presents new mechanical hybrid propulsion solution
12:04 Port of Riga cooperates with Balarusian forest industry to further increase its timber cargo volumes
11:42 15 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 22-23
11:16 OSG exercises option for second 204,000 barrel barge at Gunderson Marine
10:55 Maritime Security & Offshore Patrol Week 2019 to be held for the first time ever in Dubai, UAE by IQPC Middle East
10:37 N-KOM welcomes first FSRU at the Erhama Bin Jaber Al Jalahma Shipyard
10:20 Responsibilities for implementation of state programmes of the Russian Federation divided between Deputy Prime Ministers
10:06 Brent Crude futures price up 0.03% to $61.52, Light Sweet Crude – up 0.02% to $53.03
09:48 Aderco: Planning for 2020 has already started
09:43 Vympel Shipyard lays down yet another hydrographic vessel / buoy tender of Project 19910 for RF Navy
09:19 Baltic Dry Index is down to 1,036 points

2019 January 22

18:25 Elengy prepares the sale of access capacities to the Fos Tonkin LNG terminal for the period 2021-2030
18:05 Monjasa steps up as the 2nd largest local bunker supplier in the Panama Canal in 2018
17:54 Relampago practices skills with UAE Navy ship
17:35 CalMac takes over the tiller at Argyll Ferries
17:05 NYK gets the highest-rated ‘A’ for Climate Change by CDP Survey
16:42 RF Government proposed candidates to Novorossiysk Commercial Sea Port's BoD
16:23 Pilbara Ports Authority achieves a new record tonnage on a single tide at the Port of Port Hedland
15:56 Port of Rotterdam Authority and Rotterdam Port Promotion Council renew collaboration
15:46 ICTSI Subic hits milestone 200,000th TEU move
15:44 Growth seen in several sectors at ABP South Wales
15:28 KONTUR SPb ERT unit’s drills get thumbs up from Rosmorrechflot’s certification commission
15:22 First ship viaVerbrugge Terminals’ new permanent shipping line with South America docks in North Sea Port
15:00 Meyer Turku delivers New Mein Schiff 2 to TUI Cruises in Kiel
14:41 Jotun looks into expansion of ship coatings production in Russia
14:32 HHLA completes expansion of the container rail terminal Burchardkai
14:19 Bunker prices are flat at the Far East ports of Russia (graph)
14:02 North Queensland Bulk Ports Corporation opens the Port of Mackay for new bulk material trades
13:32 China Navigation to acquire the bulk shipping activities of Hamburg Süd
13:22 14 crewmembers of gas carriers which caught fire in the Kerch Strait confirmed dead, five missing
13:15 Fincantieri to build LCS 31 for US Navy
12:53 Gdynia, Poland to host Transport Week 2019 on March 5-7
12:31 MOL moves to establish 'Asahi MOL Tankers' for pool operation of MR Product Tankers
12:14 DFDS expands cooperation with Turkish Ekol Logistics
11:45 ABP invests £2.2 million in new agribulk terminal at Port of Ayr
11:17 BIMCO: only international action will stop increase in piracy