Container Cargo

The container terminals will be spread across various states, including five in Maharashtra, four in Tamil Nadu, three in Rajasthan, and two each in Delhi and Haryana

Drewry World Container Index up 4% ahead of Christmas, New Year rush

The port surpassed the previous highest of 603,217 TEUs handled in July 2024

Container traffic at DP World-operated International Container Transshipment Terminal (ICTT) at Cochin fell 7 per cent to 73,376 TEUs in July as compared to the previous month, the company said. The ICTT handled 79,044 twenty-foot equivalent units (TEUs) in June, the company said in a statement. This was, however, for the third consecutive month that the container handling at the facility stood at more than 72,000 TEUs, it said. DP World's ICTT provides mother vessel (mainline) connectivity to the Far East, Southeast Asia, Middle East, Europe/Mediterranean, and Singapore.

Consolidated net profit rose to Rs 258 crore ($30.7 million) for the quarter ended June 30, from Rs 246 crore a year ago

Container traffic at Jawaharlal Nehru Port rose by 6.2 per cent year-on-year to 6.43-million TEUs (Twenty-foot Equivalent Units) in 2023-24, port authorities said on Tuesday. JN Port handled 6.05 million TEUs in the year ended in March 2023. In terms of volume, Jawaharlal Nehru Port handled 85.82 million tonnes of cargo in 2023-24 against 83.86 million tonnes a year ago, a growth of 2.3 per cent, JNPA said. The total traffic handled by the Port in FY24 includes 78.13 MT of container cargo and 7.70 MT of bulk cargo as against 76.19 MT and 7.67 MT, respectively, in the earlier fiscal, JNPA said.

The state-owned company reported a consolidated net profit of 3.31 billion rupees ($39.8 million) for the quarter ended Dec. 31, up 12% from last year

The death toll could rise as some of the injured are in a critical condition, said Chittagong civil surgeon Mohammed Elias Hossain.

Surge in traffic marks the uptick in Indian steel sector, a major contributor to India's manufacturing output

The company had clocked a net profit of Rs 225.66 crore in the corresponding quarter a year ago

These are: online facility for scheduling examination of import cargo, scanner for non-intrusive examination of unaccompanied baggage, and customs clearance work on Sunday and public holidays

A person aware of the matter said that the decision was taken in a meeting on 'export logistics Issues and their resolution'

Compared to 2020-21, when cargo volumes were at 11,92,165 twenty-foot equivalent units (TEUs), during April-July, the rise was around 50.8 per cent

Container cargo traffic at Jawaharlal Nehru Port Trust (JNPT) recorded a 65.38 per cent growth in May at 4,54,385 TEUs (twenty-foot equivalent units) over 2,74,755 TEUs in the same month last year

The shortage of containers has been eased with 58 per cent additional exports being managed in March year-on-year

Company that owns vessel says the crew is still on board the ship, which is now in Great Bitter Lake, about halfway along the canal.

UK P&I Club has said that it was the protection and indemnity insurer for the Ever Given

This is an unusual imbalance caused by the lag in the revival of domestic demand following the Covid-19 lockdown

India, the world's second-largest sugar producer, exported only 70,000 metric tons in January, less than a fifth of the volume shipped a year earlier

The core issue is that China, which recovered faster from Covid, revved up export economy and is paying premiums for containers, making it more profitable to send them back empty than to refill them