logo
#

Latest news with #VisakhapatnamPortAuthority

Fishermen appeal to VPA chairperson to resolve grievances
Fishermen appeal to VPA chairperson to resolve grievances

Hans India

time28-05-2025

  • Politics
  • Hans India

Fishermen appeal to VPA chairperson to resolve grievances

Visakhapatnam: South constituency MLA Ch Vamsi Krishna Srinivas Yadav along with fishermen community leaders from the constituency met chairperson of Visakhapatnam Port Authority (VPA) M Angamuthu here on Tuesday. During their interaction with the chairperson, the major problems faced by the community at the fishing harbour were brought to his attention. Fishermen did not pay taxes to the VPA during the Covid time. The community leaders requested the chairperson to waive off the dues to be paid. Along with this, they appealed to the port management to set up necessary cranes to dock the boats at the harbour. Later, they discussed various pending issues to be resolved. Responding to the fishermen, the chairperson assured them that the problems raised by them would be resolved at the earliest. Speaking on the occasion, MLA Vamsi Krishna Srinivasa mentioned that he fulfilled his promise of arranging the fishermen community leaders a meeting with the port chairman so that they could get their problems resolved. The MLA expressed hope that the chairperson responded positively to the issues raised by the fishermen and work towards resolving them soon. Representatives of the AP Mechanised Fishing Boat Operators Association and Dolphin Association, constituency coalition leaders, fishermen leaders Appa Rao, Lakshmana Rao, Fisheries JD Lakshmana Rao, FD Asha Jyoti and GVMC DE Venkateswara Rao attended the meeting.

Dredging Corporation turns profitable with Q4 net at Rs 21 crore
Dredging Corporation turns profitable with Q4 net at Rs 21 crore

Time of India

time20-05-2025

  • Business
  • Time of India

Dredging Corporation turns profitable with Q4 net at Rs 21 crore

Dredging Corporation of India (DCI) on Tuesday reported a net profit of Rs 21.39 crore for the March 2025 quarter, mainly on the back of increased income. It had posted a loss of Rs 25.97 crore in January-March period of preceding 2023-24 fiscal, the company said in an exchange filing. DCI increased its total income to Rs 464.38 crore in the fourth quarter from Rs 278.80 crore in the same quarter a year ago, registering a rise of 67 per cent. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo Speaking to PTI, company's MD and CEO Durgesh Kumar Dubey said, "We have ended the fourth quarter delivering positive financial numbers. We will try to maintain this momentum in the coming quarters." The company is also looking for business opportunities in the Middle East, South East Asia and South Asian markets along with domestic market where players like AMNS India, JSW Group and Adani Group are looking to expand their port operations, said Dubey, who is also the Deputy Chairman of Visakhapatnam Port Authority (VPA). On the outlook for the sector, Dubey said the port sector is on a growth trajectory driven by government-led initiatives like Sagarmala Programme . Live Events Based in Visakhapatnam in Andhra Pradesh, DCI is a premier dredging company under the administrative control of four major ports of India -- Visakhapatnam Port Authority, Jawaharlal Nehru Port Authority (Mumbai), Paradip Port Authority and Deendayal Port Authority (Kandla).

Dredging Corporation turns profitable with Q4 net at Rs 21 crore
Dredging Corporation turns profitable with Q4 net at Rs 21 crore

Economic Times

time20-05-2025

  • Business
  • Economic Times

Dredging Corporation turns profitable with Q4 net at Rs 21 crore

Dredging Corporation of India (DCI) on Tuesday reported a net profit of Rs 21.39 crore for the March 2025 quarter, mainly on the back of increased income. It had posted a loss of Rs 25.97 crore in January-March period of preceding 2023-24 fiscal, the company said in an exchange filing. ADVERTISEMENT DCI increased its total income to Rs 464.38 crore in the fourth quarter from Rs 278.80 crore in the same quarter a year ago, registering a rise of 67 per cent. Speaking to PTI, company's MD and CEO Durgesh Kumar Dubey said, "We have ended the fourth quarter delivering positive financial numbers. We will try to maintain this momentum in the coming quarters." The company is also looking for business opportunities in the Middle East, South East Asia and South Asian markets along with domestic market where players like AMNS India, JSW Group and Adani Group are looking to expand their port operations, said Dubey, who is also the Deputy Chairman of Visakhapatnam Port Authority (VPA). On the outlook for the sector, Dubey said the port sector is on a growth trajectory driven by government-led initiatives like Sagarmala Programme. Based in Visakhapatnam in Andhra Pradesh, DCI is a premier dredging company under the administrative control of four major ports of India -- Visakhapatnam Port Authority, Jawaharlal Nehru Port Authority (Mumbai), Paradip Port Authority and Deendayal Port Authority (Kandla). (You can now subscribe to our ETMarkets WhatsApp channel)

Additional general manager of east coast railway inspects railway infra at Visakhapatnam Port and Adani Gangavaram Port
Additional general manager of east coast railway inspects railway infra at Visakhapatnam Port and Adani Gangavaram Port

Time of India

time17-05-2025

  • Business
  • Time of India

Additional general manager of east coast railway inspects railway infra at Visakhapatnam Port and Adani Gangavaram Port

Visakhapatnam: Additional general manager (AGM) of east coast railway (ECoR), Mohes Kumar Behera , conducted a thorough inspection of railway installations and development works at Visakhapatnam Port and Adani Gangavaram Port . The inspection focused on evaluating infrastructure projects, monitoring progress, and finding solutions to operational issues for improved railway services. Senior officials from headquarters and the division accompanied Mohes Kumar during the detailed assessment of siding, loading points, and vital locations at both ports. During discussions with the operational head of Visakhapatnam Port Authority, important information about current railway operations and infrastructure was shared. The head requested additional rake sanctions to increase cargo capacity and emphasised the significance of railway infrastructure improvements. The AGM pledged support for VPA's railway operations and reinforced the dedication to enhancing collaboration. At Adani Gangavaram Port, MK Behera consulted with CEO Amit Malik and other senior officials. The delegation examined port sidings and ongoing capacity enhancement initiatives. The discussions centred on vital aspects including capacity expansion, rake detention, operational productivity, throughput enhancement, and other areas of shared concern. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch Bitcoin và Ethereum - Không cần ví! IC Markets BẮT ĐẦU NGAY Undo DRM Waltair Lalit Bohra, ADRM operations Manoj Kumar Sahoo, senior divisional engineer (coordination) AK Moharana, and other senior officials attended. Visakhapatnam: Additional general manager (AGM) of east coast railway (ECoR), Mohes Kumar Behera, conducted a thorough inspection of railway installations and development works at Visakhapatnam Port and Adani Gangavaram Port. The inspection focused on evaluating infrastructure projects, monitoring progress, and finding solutions to operational issues for improved railway services. Senior officials from headquarters and the division accompanied Mohes Kumar during the detailed assessment of siding, loading points, and vital locations at both ports. During discussions with the operational head of Visakhapatnam Port Authority, important information about current railway operations and infrastructure was shared. The head requested additional rake sanctions to increase cargo capacity and emphasised the significance of railway infrastructure improvements. The AGM pledged support for VPA's railway operations and reinforced the dedication to enhancing collaboration. At Adani Gangavaram Port, MK Behera consulted with CEO Amit Malik and other senior officials. The delegation examined port sidings and ongoing capacity enhancement initiatives. The discussions centred on vital aspects including capacity expansion, rake detention, operational productivity, throughput enhancement, and other areas of shared concern. DRM Waltair Lalit Bohra, ADRM operations Manoj Kumar Sahoo, senior divisional engineer (coordination) AK Moharana, and other senior officials attended.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store