As such there is no diversion of cargo from the major ports to the non-major ports. As far as the traffic at major ports is concerned, there is consistent traffic flow and is largely on the increasing trend. However, non-major ports are also attracting cargo due to being captive ports and having no regulatory mechanism like TAMP, etc.
Tag: DP World
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Ports need capacity augmentation
Jawaharlal Nehru Port Trust (JNPT) has achieved a growth of 7.33 per cent during the financial year 2014-15 by handling 4.467 million TEUs of container traffic. Neeraj Bansal, Chairman-In-Charge, JNPT
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Gaining Lost Ground
With a stable, reform-friendly government in place, the Indian infrastructure growth story is looking for the right implementation strategy and on-ground action. Here are the key current infrastructure trends and the outlook for 2015.
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JNPT: Port-focused to port-led development
A port-based multi-product Special Economic Zone (SEZ) at the Jawaharlal Nehru Port Trust (JNPT) will be a win-win situation for exim traders. This industrial infrastructure project will be established on 277 hectares
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Jebel Ali wins Port of the Year award
The world-class services and facilities of DP World's flagship Jebel Ali Port have once again been recognised at the annual Supply Chain and Transport Awards (SCATA) 2014. For the sixth year, the 'Shipping Port of the Year' has been awarded to Jebel Ali Port.
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Foundation stone for DP Worlds new terminal at JNPT
A major milestone in the development of the new DP World terminal at Jawaharlal Nehru Port was achieved with the ceremonial laying of the foundation stone by the Minister of Shipping GK Vasan.
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NSICT handles longest vessel at JNPT
DP World's Nhava Sheva International Container Terminal (NSICT) has set a new benchmark by handling the MSC Susanna, the longest ship ever to berth at JNPT. The vessel is deployed on the Mediterranean Shipping Company's ISES service bound for Europe.
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PMG mandate to be widened
Investors want the mandate of Project Monitoring Group (PMG) widened to ensure timely decisions on their investments. At a conference, Anil Singh, Senior Vice-President and Managing Director, DP World, enquired if the mandate of PMG would also be widened to look into FDI already made in the port sector.
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Hike in THC at Vallarpadam
Operator of Vallarpadam port in Kerala, DP World has decided to hike the terminal handling charges (THC) from 1 January. Hence shippers in Kochi will have to shell out more to move their goods. The Tariff Authority for Major Ports (TAMP) has allowed the international container transhipment terminal to increase THC by 3.48 per cent. DP World stated that the proposed hike would be according to the TAMP directive, which approved a 3.48 per cent increase in tariff charges for five years.
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Stir hits container movement at ICTT
As the 100 agreement labourers involved in moving containers to and from the DP World-operated International Container Transshipment Terminal (ICTT) in Kochi went on a strike from late afternoon on December 23. As a result, container movement at the ICTT has come to a standstill.