Tag: Indian Ports

Amid COVID-19 pandemic, India's major container port, Jawaharlal Nehru Port Trust (JNPT) managed to mark a 283.802 TEU throughput concerning cargo handling, during April 2020.

In light of the COVID-19 outbreak and the major disruptions that has caused, container cargo volumes at Indian ports are estimated to drop by 16% in FY21. Namely, due to the lockdown, consumer demand has dropped significantly bringing negative impacts on the supply chain.

In light of the COVID-19 pandemic, India started to ease the backlog of ships and containers that had congested in its ports due to the outbreak. Specifically, the Jawaharlal Nehru Port Trust (JNPT) and the Port of Chennai informed that are operational and begging to return to normal.

The Standard P&I Club provides updated information regarding the current situation in Indian Ports due to COVID-19 crisis. Namely, the Club mentions that their correspondents James Mackintosh & Co. Pvt. Ltd. informed that several ports have declared Force Majeure

The Minister of State (I/C) for Shipping and Chemical & Fertilizers Shri Mansukh Mandaviya is going to inaugurate the 5 projects completed under JNPT initiatives.

India's second-largest private-sector port and terminal company in terms of capacity and throughput, Essar Ports, announced a record of 20% cargo growth with a throughput of 27.29 MT, in the April to September period of the ongoing financial year, ending in March 31, 2020.

On a statement, on Tuesday, October 15, the Indian Union Minister Mansukh Mandaviya, said that the government is planning to put in place a comprehensive ‘Port Grid and Port Development’ plan for 204 minor ports throughout the country aiming to boost coastal shipping and inland waterways in six months, and further bring a Bill in Parliament to provide an uplift to major ports.

India's 12 major ports achieved a 5.65% increase in cargo handling to 60.07 million tonnes in April this fiscal year. This was mainly because of higher demand for coal, petroleum, oil and lubricants. These ports handled a total of 56.86 MT of cargo in April 2018. The growth at these port was mainly because of higher handling of coal, fertilisers and containers.

India’s Navayuga Container Terminal (NCT) reached a record as it handled 500.000 TEUs for the first time in a financial year. The milestone was achieved on March 27, with the jubilee TEU being handled on India-flagged containership SSL Kutch.

India’s government was announced to have set aside USD 21 million in this 2019's budget as expenditure for the Iranian southeastern port of Chabahar growth. In October 2018, Iran, India and Afghanistan inked an agreement on transit of goods via Chabahar.