The government has announced a massive investment in IndiaĆĀ“s ports sector, which is likely to boost the countryĆĀ“s economy. The government has massive plans of developing ten coastal economic regions by reviving the countryĆĀ“s Sagarmala (string of ports) Project.
Tag: CFSs
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New custom norms at Tuticorin port concern traders
A recent public notice by Tuticorin Customs giving more responsibilities to the operators of 13-odd container freight stations (CFSs) at the port has caused concern among traders. Stakeholders say it would make the operating procedure more complex and take away the advantages the export-import trade currently enjoys here.
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Healthy berths
Major ports in India are endeavouring towards implementing the Environmental Management System so as to streamline their policies to enhance its overall development. Today, a majority of private players enable seamless movement of cargo from ports to and from CFSs to various first and last mile destinations within the country.
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Why ICDs and CFSs in India need to consolidate
Consider this: At 4.5 mn TEUs last year,Jawaharlal Nehru Port handled over 55 percent of IndiaĆ¢ā¬ā¢s container volumes.Yet it handled less than a fifth of SingaporeĆ¢ā¬ā¢s 25 mn TEUs.What ails IndiaĆ¢ā¬ā¢s container trade? In this issue, we focus on the most important piece in the container logistics eco system: dry ports
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Vizhinjam gears up external infra
As his port hopes to compete with Vallarpadam as a state-owned transshipment hub, Manoj Joshi, CEO, Vizhinjam International Seaport Ltd (VISL), and Secretary (Ports), Kerala Government, responds to questions from Infrastructure Today.
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Container infra: Dragging its feet
There are several binding forces in today's logistics industry in India. Yet the industry suffers from a lack of integration of processes, and that has been bleeding the nation through costs that could have been just a fraction.
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Container infra: Dragging its feet
There are several binding forces in today's logistics industry in India. Yet the industry suffers from a lack of integration of processes, and that has been bleeding the nation through costs that could have been just a fraction.