Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Uncategorized

SOUTH CAROLINA: The Army Corps of Engineers declared the Port of Charleston’s deepening project to be economically and environmentally feasible on Monday, clearing the way to the project to move ahead pending the securing of needed federal and state funding. The “chief’s report” increases the likelihood that the South Carolina port will have the deepest harbor on the East Coast by the end of the decade. Larger vessels are increasingly calling the East Coast through the Suez Canal, and even more are expected when the expanded locks of the Panama Canal open mid-2016, allowing the waterway to handle containerships three times the size it can now. “This is a great day for us,” Jim Newsome, president and CEO of the South Carolina Ports Authority, told the South Carolina International Trade Conference in Charleston. By dredging its harbor to 52 feet, and entrance channel to 54 feet, Charleston will be able to handle mega-ships with capacities of 14,000 twenty-foot-equivalent units, round the clock, without having to rely on tidal variations. For East Coast ports that will increasingly handle big ships from Asia facing tight windows for transiting the Panama Canal, “it’s not good to have tidal restrictions,” Newsome said Monda. The port’s archrival, Savannah, however, is ahead, as it will begin deepening its harbor later this month. The $763 million project scheduled for completion in 2018 will deepen its channel from 42 feet to 47 feet. Jacksonville is currently trying to get the funds needed to cajole the port’s TraPac terminal to relocate to Blount Island, saving between $150 to $200 million on a critical dredging project that will deepen its channel from 40 feet to 47 feet and help ensure its future competitiveness in the cutthroat Southeast market. The market is heating up, thanks to the steadily growing population and West Coast diversions. Savannah traffic jumped 14 percent to nearly 1.7 million TEUs in the first half compared to the same period a year ago, according to PIERS, a sister product of JOC.com within IHS. In the same period, Charleston volume rose 12 percent to almost 918,000 TEUS, while traffic through Jacksonville inched up 2 percent to 443,400 TEUs. Delivery of the report by Lt. General Thomas Bostick to the Secretary of the Army is significant nationally because it is the first project to be approved under the Corps of Engineers’ new “smart planning” policy designed to expedite the approval process for civil works projects, and significantly reduce planning and approval costs in the process.

byCustoms Today Report
19/09/2015
in Uncategorized
Share on FacebookShare on Twitter

KARNATAKA: Unionised dockworkers held a 24-hour strike yesterday (2 September) disrupting operations at India’s 11 state-owned major ports, including Jawaharlal Nehru Port (JNP), the largest in the country.

In particular, the state-run Jawaharlal Nehru Port Container Terminal (JNPCT) ground to a halt as port workers participated in nationwide action against Prime Minister Narendra Modi’s labour reforms. However, according to an industry source, who requested anonymity, operations at JNP’s two privately operated terminals, the APM Terminals-run Gateway Terminals India (GTI) and the DP World-run Nhava Sheva International Container Terminal (NSICT), proceeded as normal.

You might also like

Pakistan to get $3b loan from Islamic Trade Financing Corporation

20/10/2024

Lahore I&I & Enforcement anti-smuggling operations achieve record success in early FY 2024-25

10/09/2024

JNPT chairman Neeraj Bansal told the Press Trust of India (PTI) that “for the container terminal operated by us, we had prepared a contingency plan and offloaded all the cargo in advance itself”, ahead of the strike. He said that around 1,400 workers at the port, a majority of them handling operations at its own terminal, did not report to work while 300 officers were at port.

The other ports affected included India’s third largest – Chennai, Kandla, Cochin, Tuticorin, Vizag and Kolkata. Meanwhile, operations were due to proceed as normal at India’s private ports including Pipavav and the country’s second largest, Mundra. In a statement by the All India Ports & Dock Workers’ Federation (AIP & DWF), its president, Shri S. R. Kulkarni, criticised the government for its “ongoing move to convert the major ports as companies even without taking the working class into confidence”.

He also “expressed serious concern at the illogical move of the government in leaving the major ports with their limited infrastructure to compete with the gigantic non-major ports in the private sector.”

Port workers were angered by finance minister, Arun Jaitley’s budget earlier this year, which featured a pledge to “corporatise” the country’s state-owned ports, although shipping minister, Nitin Gadkari, later denied that privatisations would happen. Workers also cited pension benefits and the method of hiring contracted labour as reasons for protesting. This follows widespread disruption in August, where GTI’s operations were suspended because of a strike by contracted RTG operators.

An expected 150m Indians, belonging to 10 major unions, were expected to be on strike yesterday in industries including banking, manufacturing, construction and coal mining.

Related Stories

Pakistan to get $3b loan from Islamic Trade Financing Corporation

byCT Report
20/10/2024

ISLAMABAD: Islamic Trade Financing Corporation (ITFC) to provide Pakistan with a $3 billion loan, according to an official statement released...

Lahore I&I & Enforcement anti-smuggling operations achieve record success in early FY 2024-25

byCT Report
10/09/2024

LAHORE:  Regional Directorate of Customs Intelligence & Investigation has demonstrated exceptional performance in the first two months of the fiscal...

ICCI and CDA to join hands for tree plantation drive in Capital

byQaisar Mansoor
09/08/2023

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) in collaboration with the Capital Development Authority (CDA) would jointly launch a...

Customs Officials Yawar Abbas & Tariq Mehmood kidnapped in Karachi

byCT Report
08/07/2023

KARACHI: Customs Intelligence Officer Yawar Abbas and Customs Preventive Officer Tariq Mehmood who were working against smuggling were kidnapped by...

Next Post

Port of Rotterdam Authority considers developing new sea port in Indonesia

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.