Container Shipments At Indian Ports
Container traffic at ICTT Cochin decreases 7% to 73,376 TEUs in July
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.
 "Container traffic at ICTT Cochin decreases 7% to 73,376 TEUs in July")
Container volume likely to grow 8% to 342 million tonnes in FY25: Report
Container volume is expected to grow by 8 per cent to 342 million tonnes this fiscal despite the risk of a prolonged Red Sea crisis, CateEdge Ratings said on Thursday. The slated connection of the dedicated freight corridor to Jawaharlal Nehru Port in FY26, along with capacity additions by ports, is expected to drive growth in container volume over the medium term, it added. Cargo at Indian ports is dominated by 3Cs -- crude oil (termed as Petroleum Oil Lubricants (POL), coal and containers. These three commodities represent 74-75 per cent of total cargo throughput handled by ports. Over the past 3 years ended FY24, POL witnessed a moderate CAGR of 4 per cent while coal and container volumes witnessed 13 per cent and 9 per cent growth, respectively, CateEdge Ratings said. The rating agency said it expects coal cargo throughput at ports to grow at a CAGR of 2-3 per cent between FY24 and FY26, despite an anticipated decline in coal imports by 3-4 per cent due to increased domestic c
 "Container volume likely to grow 8% to 342 million tonnes in FY25: Report")
Centre to come up with policy to extend port lease beyond 30 years
As things stand, there is no provision to extend port operating agreements that were signed in the late 90s and the early 2000s
 "Centre to come up with policy to extend port lease beyond 30 years")
Container shipments to have 25% share of Indian ports cargo
Until September-end, containers accounted for around 20% of net volumes
 "Container shipments to have 25% share of Indian ports cargo")
