Tag: India

Thermal coal imports at India's 12 major ports declined 14.98% with 74.60 million tonnes (MT) during the fiscal year of April 2019-January 2020, compared to 87.74 MT of the dry fuel in the same period of the previous year, according to data provided by the Indian Ports Association.

In its weekly report for 18-24 February, ReCAAP ISC informed of two incidents of armed robbery against ships in Asia, both of which were CAT 4 (least significant) incidents. One occurred to a tanker while underway off Gujarat, India; and another to another tanker at Kakinada anchorage, India.

Singapore-based LNG company AG&P announced plans for a new LNG Import Facility at Karaikal Port, Puducherry, paving the way to broader access to natural gas as a primary fuel in South India. The Karaikal LNG Import Facility (Karaikal LNG) is expected to commence commercial operations by Q4 2021.

While recovery of rates in the shipping segments was indicative of improvement in global trade environment, driven by some agreement on US-China trade issues, and the impact of IMO 2020 on tanker segments, the coronavirus outbreak has negatively affected many shipping sectors.

Following the coronavirus spread, thousands of containers reported to be stranded around Indian ports, since their cargo documentations which provide the details of the goods inside the container boxes are in the closed Chinese offices.

Continuing an alarming trend of global cargo disruptions amid the coronavirus outbreak, the bulk carrier Magnate stopped at India's Chennai port after two Chinese crew members onboard displayed fever, a key symptom of the coronavirus. Eventually, it was revealed that the two crew were not infected.  

The Indian Union of Cabinet approved the "Major Ports Authority Bill", replacing existent regulations and boosting Indian ports' efficiency by enabling decision-making autonomy. The Bill, that was delayed, will improve efficiency amongst India's ports. 

India along with Portugal shake their hands and inked an MoU for the development of the National Maritime Heritage Complex (NMHC) at Lothal, Gujarat. Namely, the agreement was signed from the President of Portugal H.E.Mr Marcelo Rebelo de Sousa and the Minister of National Defense of Portugal, Shri Mansukh Mandaviya.

The Indian Customs’ new Sea Cargo Manifest and Transhipment Regulations (SCMTR) will be implemented on 16 February 2020. The new regulation will bring changes in timelines and requirements for advance notice by vessels arriving in India and exports through ships out of India.

Greenpeace Southeast Asia partnered with the Centre for Research on Energy and Clean Air (CREA), revealing that the global cost of air pollution from fossil fuels has reached an estimated US$8 billion per day, or 3.3% of the world’s GDP.