Page 4 - Cargo Industry

Container traffic rises 6.2% at Jawaharlal Nehru Port during FY24

Container traffic at Jawaharlal Nehru Port rose by 6.2 per cent year-on-year to 6.43-million TEUs (Twenty-foot Equivalent Units) in 2023-24, port authorities said on Tuesday. JN Port handled 6.05 million TEUs in the year ended in March 2023. In terms of volume, Jawaharlal Nehru Port handled 85.82 million tonnes of cargo in 2023-24 against 83.86 million tonnes a year ago, a growth of 2.3 per cent, JNPA said. The total traffic handled by the Port in FY24 includes 78.13 MT of container cargo and 7.70 MT of bulk cargo as against 76.19 MT and 7.67 MT, respectively, in the earlier fiscal, JNPA said.

Eastern Railway earned highest freight revenue of Rs 7,774 cr in FY24

The Eastern Railway has earned its best-ever freight revenue of Rs 7,774.62 crore in the financial year 2023-24, an increase of 19.47 per cent over the previous fiscal, an official said here on Monday. The Kolkata-headquartered zonal railway recorded a growth of 8.91 per cent in passenger revenue, earning Rs 3,573.31 crore in 2023-24, he said. It achieved a freight loading of 86.87 metric tonnes in 2023-24, which is nine per cent more than the previous fiscal. Eastern Railway received Rs 7,774.62 from freight revenue in 2023-24, recording a 19.47 per cent increase over the previous fiscal 2022-23, the official said. It also achieved a best-ever scrap sale revenue of Rs 479.98 crore in the just concluded financial year, he said, adding that this demonstrates effective resource management and revenue optimisation strategies by the zonal railway.

Need to focus more on security aspects related to air cargo: Home secy

Home Secretary Ajay Kumar Bhalla on Monday said the country's civil aviation sector is witnessing rapid growth that will also bring different kinds of challenges, and highlighted the need to look more at security aspects related to air cargo. Speaking at the function to mark the 38th Raising Day of the Bureau of Civil Aviation Security (BCAS) in the national capital, he emphasised the need for using cutting-edge technologies in various areas, including surveillance. The country's aviation sector is seeing rapid growth and records are likely to be set in 2024. In the years to come, it will be much more, Bhalla said. However, he also said challenges of different kinds are also going to come. One area of concern is about air cargo, Bhalla said, underlining the need to look more at the security aspects in this regard, especially the "safety and security of multi-modal transport". While stressing that all have to put their efforts together, Bhalla said new technologies are creating mor

Crews start removing first piece of steel from collapsed Baltimore bridge

Teams of engineers worked Saturday on the intricate process of cutting and lifting the first section of twisted steel from the collapsed Francis Scott Key Bridge, which crumpled into the Patapsco River this week after a massive cargo ship crashed into one of its supports. Sparks could be seen flying from a section of bent and crumpled steel in the afternoon, and video released by officials in the evening showed demolition crews using a cutting torch to slice through the thick beams. The joint incident command said in a statement that the work was being done on the top of the north side of the collapsed structure. Crews were carefully measuring and cutting the steel from the broken bridge before attaching straps so it can be lifted onto a barge and floated away, Coast Guard Rear Adm. Shannon Gilreath said. Seven floating cranes - including a massive one capable of lifting 1,000 tons - 10 tugboats, nine barges, eight salvage vessels and five Coast Guard boats were on site in the water

Baltimore bridge collapse: Ship that crashed has a troubled history

The incident is proving disruptive for shipping at one of the busiest ports on the US East Coast and also for road transport, as it severed a key link on the major highway encircling Baltimore

Baltimore bridge collapse: 6 dead, port disruptions hit cars to coal

The toll could have been worse except for a mayday call from the Singaporean-flagged vessel as it lost power

All-Indian crew on container ship that collided with Baltimore bridge

The entire 22-member crew of the cargo ship that struck a major bridge in Baltimore early Tuesday, causing it to snap and plunge into the river below are Indians, the company said. The Singalpore-flagged container ship "Dali" collided with one of the pillars of the Francis Scott Key Bridge in Baltimore at approximately 1:30 am local time. According to the vessel information provided by the Synergy Marine Group, the crew was All Indian, 22 in total. The "Dali" has a capacity of 10,000 TEU and onboard Units: of 4,679 TEU. Grace Ocean Private Ltd owns the vessel and the ship's movement was outbound from Baltimore to Colombo. Owners and managers of the Singapore-flagged container ship DALI report that the vessel collided with one of the pillars of the Francis Scott Key Bridge, Baltimore, whilst under pilotage with two pilots onboard, at approximately 01:30 local time on March 26, ship management company Synergy Marine Group said in a statement. It said: All crew members, including th

Delhi airport transshipped over 8,000 MT of Bangladeshi cargo in 1 year

Delhi airport operator DIAL on Thursday said it has transshipped more than 8,000 million tonnes of cargo from Bangladesh to various overseas destinations. "The transshipment facility for Bangladeshi cargo first began on February 26, 2023, paving the way for a faster and cost-effective route of shipping export cargo internationally. Since then, Delhi Airport has helped transship over 80 lakh kgs (8,000 MT) of readymade garments to European nations, including Spain, Netherlands and France," it said in a release. The European Union is the second-largest export destination for Bangladeshi apparel, followed by the UK and Canada. The Delhi International Airport Ltd (DIAL) said it has transshipped over 5.17 lakh MT of international cargo between April 2023 and January 2024. According to the release, the airport has installed 28 dual view X-ray machines for international general cargo processing. "Five extra X-ray machines have been augmented for handling Bangladesh cargo to avoid any ...

Cabinet approves six multi-tracking projects worth Rs 12,000 crore

Projects likely to add 87 million tonnes of cargo for rail

DTDC enters Malaysian market, strengthens presence in Southeast Asia

Express logistics company DTDC on Wednesday said it has entered the Malaysian market through its subsidiary, DTDC Global Express PTE Ltd, with the inauguration of an office in Kuala Lumpur. This newly established office, which further strengthens the company's global footprint, including in Southeast Asia, will offer enhanced trans-shipment solutions to its clients in Southeast Asia and the Australian peninsula, DTDC said in a statement. DTDC is already present in Singapore and Australia. As part of its global expansion plans, the company collaborated with Aramex last year to enhance its capabilities in cross-border logistics. Malaysia shares a healthy import and export relationship with India and has a prevalent Indian diaspora, according to the company. The newly established office will provide export and import services to and from India, Singapore, and Australia, along with handling local deliveries in Malaysia, it said. "The expansion in Malaysia will add to our capabilitie

Indian Navy contains fire onboard missile-hit cargo vessel in Gulf of Aden

The Indian Navy on Saturday contained a fire onboard a commercial oil tanker with 22 Indian crew in the Gulf of Aden while swiftly responding to a distress call from the vessel after it was struck by a missile on the key shipping route that witnessed similar strikes in the last few weeks. Following the Mayday call from the Marshall Islands-flagged vessel MV Marlin Luanda on Friday night, the Indian Navy deployed its guided missile destroyer INS Visakhapatnam to assist the vessel. Navy spokesperson Commander Vivek Madhwal said in New Delhi that after six hours of battling the fire, along with the crew of MV Marlin Luanda, the Indian Naval firefighting team has successfully brought the blaze under control. The missile attack on the vessel reportedly by Iran-backed Houthi militants came amid increasing global concerns over the security situation in the Red Sea as well as the Gulf of Aden. The vessel is operated by UK-based Oceonix Services. The Houthis have been targeting commercial .

Container Corp posts Q3 profit at Rs 331 crore on growing cargo volumes

The state-owned company reported a consolidated net profit of 3.31 billion rupees ($39.8 million) for the quarter ended Dec. 31, up 12% from last year

Iran is 'directly involved' in Yemen Houthi rebel ship attacks, says US

Iran is very directly involved in ship attacks that Yemen's Houthi rebels have carried out during Israel's war against Hamas, the US Navy's top Mideast commander told The Associated Press on Monday. Vice Adm. Brad Cooper, the head of the Navy's 5th Fleet, stopped short of saying Tehran directed individual attacks by the Houthis in the Red Sea and the Gulf of Aden. However, Cooper acknowledged that attacks associated with Iran have expanded from previously threatening just the Persian Gulf and its Strait of Hormuz into waters across the wider Middle East. "Clearly, the Houthi actions, probably in terms of their attacks on merchant shipping, are the most significant that we've seen in two generations,he told the AP in a telephone interview. The facts simply are that they're attacking the international community; thus, the international response I think you've seen. Iran's mission to the United Nations did not immediately respond to a request for comment on Cooper's remarks. Houthi .

Malta-flagged carrier hit by missile in Red Sea as Houthi attacks continue

A Malta-flagged bulk carrier sustained damage from a missile fired at it in the Red Sea on Tuesday, Greek officials said. Though no group immediately claimed responsibility for the attack, suspicion immediately fell on Yemen's Houthi rebels. The Zografia had been heading north to the Suez Canal when it was attacked, the Greek Shipping and Island Policy Ministry said. The ship had no cargo on board and sustained only material damage, the ministry said. The crew includes 20 Ukrainians, three Filipinos and one Georgian. Satellite-tracking data analyzed by The Associated Press showed the Zografia still moving after the attack. The Zografia is managed by a Greek firm. The British military's United Kingdom Maritime Trade Operations earlier acknowledged an attack in the vicinity of the Zografia.

SpiceXpress, Star Air partner to manage belly space in Star Air's fleet

SpiceJet's cargo arm SpiceXpress on Thursday said it has partnered with Bengaluru-based Star Air to manage the belly space capacity for carrying cargo in Star Air's fleet. The Kolhapur-headquartered Sanjay Ghodawat Group-owned Star Air has a fleet of nine Embraer planes, operating across 20 domestic destinations. This collaboration underlines SpiceXpress's commitment to expanding its reach and strengthening the domestic air cargo infrastructure, SpiceJet said in a statement. Under the collaboration, Star Air will significantly enhance SpiceXpress's domestic network, incorporating nine new destinations, it said, adding, the three-year agreement, extendable by mutual consent, establishes a foundation for seamless cooperation between the two companies. These destinations are Belagavi, Bhuj, Kalaburagi, Kishangarh, Kolhapur, Jamnagar, Jodhpur, Nagpur, and Shivamogga. With this, SpiceXpress' domestic network will increase from 39 to 48 destinations helping the company strengthen its ..

Land Ports in India facilitates trade worth Rs 76,000 cr in 2023: Report

A total of Rs 76,319.2 crore trade was registered in 2022-2023, with a movement of 24,79,180 passengers in the same period, the report mentions

Adani Ports reports 42% growth in cargo handling in December 2023

Adani Ports and Special Economic Zone (APSEZ) on Tuesday said its cargo volumes rose 42 per cent in December 2023 to 35.65 MMT (million metric tonne). According to a APSEZ statement, 10 ports in the APSEZ portfolio delivered their highest-ever cargo volumes, recording new operating milestones. The billionaire Gautam Adani's firm handled 311 MMT of cargo during the nine months of FY24, which is 23 per cent higher year-on-year. Mundra Port alone managed around 5.5 MTEUs in initial nine months, it added. For the quarter ended December, APSEZ handled around 109 MMT of overall cargo, the statement said. APSEZ CEO and whole-time director Karan Adani said, "APSEZ crossed the 300 MMT cargo mark in just 266 days versus its previous best of 329 days in the previous financial year". Adani said the company is now targeting over 400 MMT of cargo volumes in FY24, surpassing the upper end of the guidance range (370-390 MMT) provided at the start of the current financial year.

Air cargo business flies home as carriers recover after pandemic

Indian airlines have carried more domestic freight in recent months but are losing ground to foreign rivals

Govt app to allow live tracking of cargo across land, rail, sea & air

Over 700 companies involved in courier, logistics, shipping, and manufacturing have already signed up on the app that will be launched soon by the government

Australia to send military personnel to protect cargo shipping in Red Sea

Australia will send 11 military personnel to support a US-led mission to protect cargo shipping in the Red Sea, but it will not send a warship or plane, the defense minister said Thursday. Defense Minister Richard Marles said Australia's military needs to keep focused on the Pacific region. The United States announced this week that several nations are creating a force to protect commercial shipping from attack by drones and ballistic missiles fired from Houthi-controlled areas of Yemen. Marles said 11 military personnel will be sent in January to Operation Prosperity Guardian's headquarters in Bahrain, where five Australians are already posted. We won't be sending a ship or a plane, he told Sky News television. That said, we will be almost tripling our contribution to the combined maritime force. We need to be really clear around our strategic focus, and our strategic focus is our region: the northeast Indian Ocean, the South China Sea, the East China Sea, the Pacific, Marles ...