As India expands its global trade footprint and modernises its logistics infrastructure, the country’s major ports have recorded an impressive 4.3 per cent annual growth in cargo handling, increasing from 819 million tonnes (MT) in FY 2023-24 to 855 MT in FY 2024-25. This growth was driven by higher container throughput (10 per cent), fertiliser...
Category: Ports & Shipping
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Greening India’s Freight Economy
As India’s freight volumes continue to expand, the associated CO2 emissions are rising just as rapidly. To establish itself as a global leader in sustainable logistics, the country must pursue bolder, deeper, and more deliberate systemic reforms, argues Vivek Lohia. India is moving fast, whether by roads, rails, and across seas. With its freight economy...
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The New Power Corridor
The nations involved in the proposed IMEC collectively account for nearly half of global GDP, totalling $47 trillion. Therefore, to fully unlock the benefits of this multilateral initiative of immense geopolitical significance, they must work towards resolving security concerns and harmonising trading regulations, writes Manish Pant. Experts often refer to the proposed India-Middle East-Europe Economic...
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Shapoorji Pallonji divests Gopalpur port for Rs 33.5 bn
The Shapoorji Pallonji Group announced the sale of its Brownfield Gopalpur Port to Adani Ports and SEZ for an enterprise value of Rs 33.5 billion. This is the second port divestment in the last few months from the diversified construction and infrastructure, real estate and energy conglomerate. It had earlier divested its Dharamtar Port to...
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Rs. 410-bn Great Nicobar Island transhipment port project invites EOI
Proposed port will have handling capacity of 16 mn containers per year The Ministry of Ports, Shipping, and Waterways would soon invite expressions of interest (EOI) from interested parties for an international transhipment port project to be built at Great Nicobar Island in the Bay of Bengal. The project is anticipated to cost Rs. 410...
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Adding Gati To The Momentum Of Growth
Brought sixteen ministries for planning & implementation of projects The textbook definition of effective communication deals with eliminating noise between the sender and the receiver. In the second most populous nation of the world which is waiting to soar higher and realizes its dreams, this is crucial, especially between the stakeholders who shape the nations...
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Gati Shakti will catalyse economy, affirm infrastructure experts
Timelines for DPRs and land acquisition of projects will also be shortened Mega projects like Navi Mumbai International Airport, Sagarmala, Coastal Road, Mumbai Trans-harbour Link, Noida International Airport among others are likely to witness economic benefits with the implementation of Gati Shakti as timelines for DPRs and land acquisition have been shortened stated experts at...
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Tata Steel completes maiden multi-modal shipment of TMT bars
Multimodal logistics via waterways will decarbonise the steel sector Tata Steel had shipped about 1,800 tonnes of finished steel products from Haldia Port in West Bengal to Pandu Port in Assam using the Indo-Bangladesh Protocol (IBP) route through the Brahmaputra River.The products, including TMT bars, arrived at Haldia on rail before loading into river barges...
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Spurring a Sea Change
The draft Indian Ports Bill, 2020, has many positives, but it should safeguard state autonomy and plug holes. The wish list is for an act that will make India’s coastline future-ready – safe harbours, unimpeded access, water deep enough for the largest vessels, no risk of noise, dirt and danger associated with loading and unloading...
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BOT operators of ports ask govt to resolve issues in port policies
BOT operators at major ports handling a single commodity have urged the Ministry of Ports, Shipping and Waterways to address issues with port policies that are affecting their operations.Since Prime Minister Narendra Modi announced the Atmanirbhar Bharat Abhiyan to make India self-sufficient, the government has implemented reforms and policy changes to reduce India’s reliance on...