Page 3 - Cargo Industry

Road network expansion to pose big challenge for air cargo: IndiGo

Only about 60 per cent of IndiGo's total cargo capacity is being utilised due to the airline's rapid expansion to 2,000 flights a day, resulting in a number of routes with low cargo demand

Cargo traffic across major ports rises over 3% to 72.04 mn tonnes in May

Cargo traffic across 12 major ports in the country increased by 3.75 per cent year-on-year in May to 72.04 million tones (MT) from 69.43 MT handled in the corresponding month of 2023 with nine such ports showing positive growth. Visakhapatnam Port registered the maximum cargo growth in cargo handling at 22.05 per cent during the reporting month followed by Chennai Port with 9.10 per cent, Cochin Port with 7.78 per cent and Mumbai Port with 5.89 per cent, according to data released by the major ports' apex body, Indian Ports Association (IPA). The 12 major ports are Deendayal (Kandla), Mumbai, Mormugao, New Mangalore, Cochin, Chennai, Ennore (Kamarajar), Tuticorin (V O Chidambaranar), Visakhapatnam, Paradip and Kolkata (including Haldia) and Jawaharlal Nehru Port. According to the IPA, VO Chidambaranar Port saw a 5.59 per cent increase in its cargo handling during the previous month while Paradip Port 4.27 per cent, Deendayal Port with 3.49 per cent, New Mangalore Port with 1.87 per

Trade strains boost cargo freights at pace recalling Covid 'chaos'

Some of the catalysts for the monthlong advance in seaborne freight rates stem more from worry than optimism

Red Sea crisis to cause 15-20% industry capacity loss, says Maersk

According to Maersk, the effects of the situation in the Red Sea are widening and continuing to cause industry-wide disruptions

Uttar Pradesh govt to invest Rs 45K crore to accelerate cargo movement

These projects encompass bridges and over-bridges across the 75 districts of the state. Of the proposed Rs 45,000 cr, the public works department (PWD) will spend nearly Rs 34,000 cr, or 75 per cent

Plans afoot to organise Kolhapuri chappal trade but it's a slow start

Though the Kolhapuri chappal trade is robust, the industry remains largely unorganised and finds it challenging to meet demand

Building capacity

Cargo terminals will boost efficiency

Temporary channel opens for vessels to Baltimore port after bridge collapse

A third temporary channel for boats to enter and depart the Port of Baltimore has opened, expanding further shipping access as collapsed sections of the Francis Scott Key Bridge are salvaged before the span can ultimately be rebuilt. The alternate channel, located to the northeast of the fallen bridge, is open to commercially essential vessels, port officials announced late Friday. The new temporary path, with a controlling depth of 20 feet (6.1 meters), a horizontal clearance of 300 feet (91.4 meters) and a vertical clearance of 135 feet (41.2 meters), allows a greater variety of vessels to access the port while crews work to reopen the main channel, Coast Guard and port Capt. David O'Connell said in a news release. With the new channel open, about 15% of pre-collapse commercial activity will resume, O'Connell said. The first temporary channel opened April 1. The bridge collapsed early March 26 after it was struck by the cargo ship Dali. Officials hope to open a channel by the end

Port to profit: Allcargo founder Shashi Kiran Shetty shares his life story

Shetty, the logistics leader who lives where Rajesh Khanna once did, takes Dev Chatterjee through his life that started at the docks, with some cinematic stopovers

Sri Lanka unaware of ship carrying toxic waste from the US, say official

Sri Lanka is not yet aware of the nature of hazardous materials on the cargo vessel that collided with a key Baltimore bridge last week as it was supposed to declare the contents of containers only 72 hours before the time of arrival into the Colombo Port, officials here said. The Singapore-flagged container ship vessel Dali, which was mainly manned by an Indian crew, collided with the 2.6-km-long four-lane Francis Scott Key Bridge over the Patapsco River in Baltimore in the early hours of March 26. The 984-foot cargo ship was bound for Colombo, Sri Lanka. The ship was carrying 764 tonnes of hazardous materials as reported by the US media. According to the information available, there are 57 containers with such toxic materials that can be categorised under the International Maritime Dangerous Goods Code. The waste included mostly corrosives, flammables, miscellaneous hazardous materials, and Class-9 hazardous materials, including explosives & lithium-ion batteries in 56 ...

Fall in other goods freight may put Railways 2030 target off track

Experts say the ministry should target unconventional sectors more aggressively

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