Port Cargo

FY25 cargo sailing slow at 2.7 per cent growth

Government-owned container handling port Jawaharlal Nehru Port Authority (JNPA) saw an 11.99 per cent year-on-year rise in container traffic at 7.05 TEUs (Twenty-foot Equivalent Units) in 2024. The port handled 6.35 million TEUs of containers in 2023, JNPA said in a statement. The facility also handled the highest-ever cargo throughput at 90.27 million tonnes in the just-concluded year, which was 4.25 per cent more than the figure recorded in the preceding year ended December 2023, it said. According to the port, two of its terminals -- BMCTPL and APMT -- crossed the milestone of 2-million TEUs in container handling last year. BMCTPL handled 2.12 million TEUs, which is the highest-ever container handling by any terminal in a calendar year. JNPA has five container terminals -- Nahava Sheva FreePort Terminal (NSFT), Nhava Sheva International Container Terminal (NSICT), Nahava Sheva India Gateway Terminal (NSIGT), Bharat Mumbai Container Terminal (BMCT), and GTI-APM Terminal (APM).

Overseas cargo handled by these ports decreased by 5.5% to 52.9 mmt during the month

With almost all major ports languishing with low traffic levels, the funds will go a long way towards expanding cargo capacity and improving port facilities

16 green parks to be incorporated across the 12 major Indian ports as part of the green parks transition initiative

There is no indication that a big cargo of industrial fuel oil stored in a tanker that sank in stormy weather in Manila Bay has started to leak, the Philippine coast guard said Friday, and plans are being firmed up to try to siphon off the highly toxic shipment to prevent a major spill that could reach the bustling capital. The tanker Terra Nova had left Bataan province en route to the central province of Iloilo with about 1.4 million litres of industrial fuel oil stored in watertight tanks when it got lashed by huge waves and took on water. The crew struggled to steer the tanker back to port but it eventually sank shortly after midnight Thursday. The coast guard rescued 16 crewmembers but one drowned, coast guard spokesperson Rear Adm. Armando Balilo said. "We're racing against time to siphon off the oil to avoid an environmental catastrophe, Balilo told reporters, adding that the plans could be hampered if the weather turns bad. An oil slick about 3.7 kilometres long near the roug

The 'San Fernando' container ship, which is 300 metres long and 48 metres wide, will offload about 1,900 containers at the port on Friday

Adani Ports and Special Economic Zone Ltd (APSEZ) handled its highest-ever monthly cargo volume of 420 MMT in April 2024

Overseas cargo saw a 7.3 per cent growth in May; Kandla bounces back

According to Maersk, the effects of the situation in the Red Sea are widening and continuing to cause industry-wide disruptions

Private port operator APM Terminals Pipavav on Monday posted a 39 per cent rise in net profit to Rs 110.27 crore for the December quarter. It had posted a net profit of Rs 79.34 crore in the year-ago period, according to a statement. Revenue from operations for the third quarter of the ongoing fiscal was Rs 269.63 crore as against Rs 249.25 crore a year ago, APM Terminals Pipavav (Gujarat Pipavav Ltd) said. At the same time, the company said it delivered an Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) of Rs 159.30 crore, registering a growth of 13 per cent from Rs 140.38 crore in the year-ago period. The container cargo business for the quarter stood at 2,04,000 TEUs (Twenty foot equivalent units), an increase of 6 per year-on-year. APM Terminals Pipavav also handled 29,000 units of cars under the RoRo category, besides 589 container trains during the quarter, the operator added.

US investment in Lankan port opens up new opportunities

Inter-ministerial consultations on, proposal may get go-ahead soon

Non-major port traffic grew 16% as pvt ports winning coastal game

Growth was seen in almost all the ports and in all three segments of its business, the company said

Growth in bulk segments, but grey clouds hover over container cargo

Flat cargo numbers since Q2 drag total FY23 growth down to 8.8%

A public-private partnership (PPP) model will be used to create the CNG terminal project, and Gujarat Maritime Board (GMB), which now oversees the Bhavnagar Port, would be a partner in the project

Empty container boxes crucial are getting stuck in the port of Rotterdam as a growing backlog of undelivered goods at Europe's export hub forces ocean carriers to prioritise shipments of filled boxes

The 13 major ports handle over 95 per cent of the country's export-import cargo, with Navi Mumbai's JNPT accounting for over half the cargo volumes