Effective September 1, state-run Shipping Corporation of India (SCI) raised container freight rates on different trade routes including the Europe, Mediterranean, Black Sea and Red Sea. SCI hiked rates considering rise in the fuel costs, insurance premiums and port handling charges. It may be noted that the company, which is suffering operational loss
Tag: container
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Jawaharlal Nehru Port loses place in top 30 list
For a number of years Jawaharlal Nehru Port (JNPT) lost its 30th rank among the world's container handling ports owing to issues like strong competition from ports such as Mundra, Pipava and Hazira and delay in the developing the fourth container terminal. The London-based ĆāContainerisation InternationalĆā publishes the list of leading 30 container ports. Until now,
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Dawei port project to benefit India
India may get an alternative sea route to Southeast Asia once the Dawei deep sea port in Myanmar, which is being developed jointly by Myanmar and Thailand, is completed. The $8-billion project would reduce dependency on the congested Strait of Malacca and cut transport time for India
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Dighi Port to set up 3 more berths
Vijay Kalantri, Chairman and Managing Director of Dighi Port informed that the port would set up the remaining three berths as part of the phase one of the project by December 2014. The green field port is being developed in Raigad district of Maharashtra. It may be recalled that the port auth
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Chinese firm to operate terminal in Sri Lanka
China Merchants Holdings International Co would operate the new container terminal opened in Colombo recently. The terminal gives a new sea route for mega vessels from China. The terminal which is regarded to be as sophisticated as the container terminal at the Singapore port
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Shreyas to launch 2 new shipping services
Shreyas Shipping and Logistics Ltd would launch two new services from August 15 in order to connect Mundra-JNPT-Hazira and Kolkata-Vizag-Chennai-Kochi sectors. With this, the Mumbai-based shipping firm would become the first company to link all key ports of India for containerised trade. Shreyas now has five vessels pro
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VPT to call fresh bids for Rs 6 bn project
Visakhapatnam Port Trust (VPT) decided to call fresh bidding for the Rs 633 crore project to expand the capacity of a container terminal to 850 meter from the present 450 meter. The port authority decided to call fresh bids as it failed to arrive at a consensus with the only bidder, Visakhapatnam Container Terminal Private Limited (VCTPL), in the earlier round of bidding. Both the port auth
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Dighi Port handles second cape size vessel
In a press release, Dighi Port said it successfully handled a cape size vessel in May this year and has now handled another Capesize vessel carrying coal for one of the largest coal importers in the country. In the first year of being operational in the monsoons, the port achieved another significant milestone by successfully handling the largest Capesize vess
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Transport of coal via road may cause pollution
Citing adverse effect from pollution, TDP leader and former minister Bandaru Satyanarayana Murthy opposed any move to transporting coal by road from the general cargo berth in Visakhapatnam Port. At a press conference, Murthy opposed the transportation of coal by road stating it would bring back the pollution
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APM Terminals Pipavav upgrades container infrastructure
In a move that raises the operational capacity of APM Terminals Pipavav, the port authority upgraded its infrastructure with the ability to carry Double Stack High Cube Containers. The double stack container trains commenced recently and this made APM Terminals Pipavav one of the