Buoyed by pick up in demand, India´s 12 major ports saw cargo traffic increase by 3.36 per cent to 499.23 mt in the first 10 months of the current fiscal. These top ports handled 483.01 mt cargo during April-Jan of the last fiscal.
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Ports – Porting Ahead
A lot of optimism has set in with 100 per cent FDI inflow, the Sagarmala Project, greater thrust on PPP projects, and the ´Make in India´ initiative. The Indian ports and shipping industry plays a vital role in sustaining growth of the country´s
Steel Min moots Paradip as single-point entry for imports
The Steel Ministry has moved a proposal to allow Paradip port in Odisha as the single-point entry for all steel imports in the country in a bid
Container terminal industry has been slow on automation
We have recently signed a Letter of Intent (LoI) with India´s largest Container Terminal Jawaharlal Nehru Port Trust. This announcement was made at a formal event presided by Mr Nitin Gadkari, Union Minister of Road Transport, Highways and Shipping in the presence of Mr Anil Desai, Member of Rajya Sabha in Mumbai.
JNPT on course to achieving fiscal target
The largest container port in India, JNPT, has achieved around 48 per cent of its targeted 4.7 million TEUs (twenty-foot equivalent unit of cargo capacity) during the first six months of the current fiscal. JNPT sources said that they are confident of achieving the target this fiscal.
CIDCO to develop area around JNPT
The City and Industrial Development Corporation (CIDCO) announced that it would develop 273.69 sq km area around the Jawaharlal Nehru Port Trust (JNPT) region to address the issues of port related activities.
We have a Certified Supply Chain Specialist Programme
In 2010, when GST was announced, with the promises of a trillion dollars of investments in logistics, we at DHL decided to make our company GST ready. We looked at four key parameters- investment in warehouses, transport, training, and IT.
Bonds credit-enhanced by IIFCL
Government-owned infrastructure financier, The India Infrastructure Finance Company Limited (IIFCL) announced the issuance of India´s first infrastructure bond, credit-enhanced by it.
Logistics corridor likely in few years
The Ministry of Road Transport and Highways is starting a massive exercise to diagnose the deficiencies in the infrastructure and system. It will come up with solutions for seamless movement of big carriers or trailers on the highways that connect six-seven major ports such as JNPT in Mumbai, Kandla and Haldia, besides key manufacturing hubs.
Highest loading of crude oil at JNPT
The highest loading of crude oil in the current financial year was achieved on September 21, in the vessel MT Abul Kalam Azad belonging to Shipping Corporation