CPL, KPL registers 25% growth in handling cargo traffic in 2021-22
Tag: Indian Ports
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Govt relaxes cabotage rules to boost transshipment
To promote transshipment at Indian ports, the Shipping Ministry has allowed relaxations in cabotage rules. Cabotage is the transport of goods or passengers between two places in the same country. Transshipment is the movement of goods and containers to an intermediate destination.
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IL&FS Maritime Infrastructure
Indian Ports comprising 13 Major and 187 Non Major ports form the backbone of the EXIM trade in India and handle 95 per cent by volume and 70 per cent by value of the trade.
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DFC will give a major boost to last mile connectivity
Anil Kumar Gupta, Chairman & Managing Director, CONCOR, expects a significant progress in the Indian logistics sector and highlights the expectations from the government initiatives.
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Govt to up ports’ capacity to 3,200 mtpa
Union Shipping Minister GK Vasan on November 16 said that the Ministry targets to boost the capacity of Indian ports to 3,200 million tonne (mt) by 2020. The capacity of Indian ports, including major and non major ports, has now crossed 1,300 million tonne per annum (mtpa).
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Iran may offer free shipping to India on oil
In its ships at Indian ports, Iran has offered Indian government-owned refineries nominal discounts in price as well as free deliver of oil. While free shipping alone could save Indian refiners about $1 per barrel in transportation cost, the discount in price would boost margins on processing Iranian oil.
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Vasan visits Japan to promote Indian ports
To discuss about increased utilisation of Indian ports, especially Chennai and Ennore, by Japan's business companies, the Union Shipping Minister GK Vasan, along with a delegation, is to discuss with the Japanese government and business community there. Vasan is scheduled to be in Japan from November 7 to 12 at the invitation of Akihiro Ohta, Japan Minister of Land, Infrastructure Transport and Tourism.
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Fall of rupee results in piling up of imported coal at ports
Fall of rupee has resulted in the piling up of coal at Indian ports. Major Indian ports have more than 3.5 million tonne (mt) of coal stockpiles because importers are refusing to take deliveries as the rupeeÂ’s fall against the dollar has made the landed price of the imported coal unexpectedly high.
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Indian ports face dredging problems
Media reports say that Indian ports, including major ports, face dredging problems. Many? of ?IndiaÂ’s State-run ports are struggling to honour commitments given to private cargo handlers to deepen and maintain channels for ships to dock. It is not something port authorities can control. They have to rely on private dredgers to undertake the work and cannot be faulted if the contractors fail to perform.
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Tariff Authority for Major Ports should be abolished
Differential tariffs for major and minor or private ports will have a debilitating impact on investment in major ports such as JNPT, says L Radhakrishnan, Chairman, JNPT, in an interview with Janaki Krishnamoorthi. Over the years, the Indian ports sector has witnessed structural changes, with state monopoly gradually giving way to greater private sector participation in port investÂment.
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