Page 8 - Ports
JNPT says it is adhering to all green norms for Vadhavan port development
The country's leading container port JNPT on Saturday said it is adhering to the terms of reference issued by the Ministry of Environment, Forest & Climate Change for prior environmental clearance for development of Vadhavan port. The government had in February approved a proposal to set up a new major port at Vadhavan near Dahanu in Maharashtra at an investment of Rs 65,544 crore. The new port will be developed on a landlord model under a special purpose vehicle (SPV) with Jawaharlal Nehru Port Trust (JNPT) as the lead partner with equity participation equal to or more than 50 per cent to implement the project. Of this,Rs 16,140 crores will be implemented by the SPV in constructing basic infrastructure like breakwaters, rail line/yard and road connectivity, power and water line, internal roads and common amenities, as per JNPT. At present, JNPT and Maharashtra Maritime Board (MMB) are development partners for the prospective port with JNPT holding 74 per cent and MMB the ...
 "JNPT says it is adhering to all green norms for Vadhavan port development")
JSW Infra buys Chettinad Group's port terminals for Rs 1,000 crore
Acquisition to give company instant access to third-party cargo
 "JSW Infra buys Chettinad Group's port terminals for Rs 1,000 crore")
APM Terminals Pipavav pares terminal handling charges for containers by 25%
Revised charges are effective for vessels sailing from November 16 to December 31 this year
Thermal, coking coal imports in 12 ports dip 25% to 55 MT in Apr-Sep: IPA
Coal volumes at the 12 major ports declined for the sixth straight month in September 2020, as per the Indian Ports Association (IPA)
 "Thermal, coking coal imports in 12 ports dip 25% to 55 MT in Apr-Sep: IPA")
Kolkata Port Trust new logo to be unveiled at 150-year old celebrations
The programme will be held in a low-key manner in view of the COVID-19 pandemic
 "Kolkata Port Trust new logo to be unveiled at 150-year old celebrations")
Major Port cargo volumes inch towards pre-Covid level amid ongoing pandemic
Private ports too strengthening contribution to cargo volume increase
 "Major Port cargo volumes inch towards pre-Covid level amid ongoing pandemic")
Sustainability of recovery in domestic ports business a concern: Icra
The sustainability of recovery trend in the domestic ports business remains a concern and the sector is not out of the woods yet, ratings agency Icra said
 "Sustainability of recovery in domestic ports business a concern: Icra")
Considerable decline in cargo traffic at major ports due to Covid-19: Govt
The cargo traffic at India's major ports has declined considerably March onwards, adversely impacted by the Covid-19 pandemic, the government said
 "Considerable decline in cargo traffic at major ports due to Covid-19: Govt")
Covid impact: Cargo handling at ports drops 17% to 245 mn tonnes in Apr-Aug
Cargo volumes at these 12 major ports under the control of the Centre declined for the fifth straight month in August 2020 and all ports barring Mormugao saw a negative growth
 "Covid impact: Cargo handling at ports drops 17% to 245 mn tonnes in Apr-Aug")
Customs to roll our faceless assessment for imported goods from Oct 31
The Faceless Assessment is being rolled out under the umbrella of the next generational Turant Customs programme.
 "Customs to roll our faceless assessment for imported goods from Oct 31")
Andhra Pradesh govt to invest Rs 12K cr in first phase to build four ports
The proposed four non-major greenfield ports are Bhavanapadu Port in Srikakulam district, Kakinada SEZ Port in East Godavari, Machilipatnam Port in Krishna, and Ramayapatnam Port in Prakasham district
 "Andhra Pradesh govt to invest Rs 12K cr in first phase to build four ports")
Gradual pick-up in export consignments prompts ports to push volumes
JNPT back to handling 12,000 containers per day; Essar Ports performing at pre-Covid levels; Adani Ports Q1FY21 throughput 27% down YoY
 "Gradual pick-up in export consignments prompts ports to push volumes")
Concor rally to lose steam over volume concerns, intensifying competition
Freight corridor delay, licence fee hike among headwinds for the stock
 "Concor rally to lose steam over volume concerns, intensifying competition")
Little hope of returning home for seafarers stranded at sea amid lockdown
Limited supplies, seasickness and a repatriation plan that comes with several complications has made life particularly hard for this lot
 "Little hope of returning home for seafarers stranded at sea amid lockdown")
Coronavirus spread to weigh on domestic ports and logistics sectors
At present, sectors like warehousing, trucking, and last-mile delivery, are facing several challenges. Labour shortage has turned out to be the biggest one, across segments.
Covid-19 impact: Biz environment gets tougher for ports, logistics firms
Already reeling under economic slowdown, companies grapple with demand shock
 "Covid-19 impact: Biz environment gets tougher for ports, logistics firms")
Transport, logistics woes clog ports and airports, custom clearance allowed
In many cases, duties are not being paid by importers due to temporary closure of manufacturing facilities
 "Transport, logistics woes clog ports and airports, custom clearance allowed")
Iron ore, finished fertilizers help ports tide over falling volumes in coal
Vishakapatnam port aced other ports in cargo volumes with 10.98% growth
 "Iron ore, finished fertilizers help ports tide over falling volumes in coal")
Coal imports at 12 major ports down 15% to 75 MT in April-Jan: Report
Imports of coking and other coal recorded a rise of 1.10 per cent at 47.08 MT during the period
 "Coal imports at 12 major ports down 15% to 75 MT in April-Jan: Report")
Country to get 13th major port at Vadhavan in Maharashtra for Rs 65,544 cr
The Vadhavan port will be developed on "landlord model" (where infrastructure is leased to private firms or industries and chemical plants)
 "Country to get 13th major port at Vadhavan in Maharashtra for Rs 65,544 cr")
