Page 4 - Cargo Industry

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 ...

Uttar Pradesh govt to leverage network of rivers for cargo movement

Of the 111 inland waterways in India, UP has a dozen waterways in major rivers including the Ganga, Yamuna, Saryu, Betwa and Chambal

Major ports log FY24's 1st double-digit cargo growth, shows IPA data

Coal, container boom sees cargo rising at 13% in October

Mundra Port sets new record of handling cargo volumes of 16.1 MMT in Oct

Mundra Port, the flagship of Adani Ports and Special Economic Zone Ltd (APSEZ), has set a record by handling 16.1 million metric tonnes (MMT) of cargo in October, the highest-ever volume by any port in India. Mundra Port, the country's largest port, crossed the 100 MMT-mark in 210 days, surpassing the record of 231 days last year, APSEZ said in a statement. According to the statement, Mundra witnessed a double-digit growth on a Y-o-Y basis for containers (+10 per cent) and liquids and gas (+14 per cent). It achieved another milestone of handling 4.2 million TEUs (twenty-foot equivalent unit) of containers in just 203 days, a feat achieved in 225 days in the previous financial year. The statement said it added new cargo types such as Hydrolysis Pi Gas (HPG) to its portfolio. On YTD (year to date) basis, it docked over 2,480 ships and serviced over 11,500 rakes. According to the statement, the port is targeting 200 MMT-milestone in cargo volumes during FY25. Given its capability t

Mobile phones, auto parts top cargo items at Jaipur airport in September

Surprisingly, human hair also comes in the top category

Guwahati airport handles 1,000 metric tonnes of cargo in last three months

The domestic cargo terminal of Guwahati's Lokpriya Gopinath Bordoloi International Airport has handled a total cargo, both inbound and outbound, of around 1,000 metric tonnes in the last three months, an official release said on Monday. In June, the airport handled 146 tons of cargo, 411 tons in July and 426 tons in August, officials said. The state-of-the-art terminal is currently 550 square-metres and a new plan is being initiated to build an international cargo terminal building, the release added. Assam and the northeast has a very big untapped potential of perishable air cargo. Besides rice, tea and orchid, the region has several unique products that have appeal in the global market and there are several agriculture products from this region that may reach out to a global community ranging from Dubai to Singapore. The Guwahati airport along with the Assam government are creating a cargo market that may bring economic prosperity to the grassroots level of citizens residing in

Jaipur airport to commence operations at new domestic cargo unit from Aug 1

Indigo Airlines has already been onboarded after which the airlines will now operate its entire domestic cargo business from the new cargo unit at Terminal 1

APSEZ cargo handling grows by 11.5% to 101.4 MMT in April-June FY24

Adani Ports and Special Economic Zone Ltd (APSEZ) on Monday said it has handled 101.4 million metric tonnes (MMT) of cargo during the first quarter of FY24. At 101.4 MMT, the cargo handling was 11.5 per cent higher over April-June period of preceding 2022-23 fiscal, APSEZ said in a regulatory filing. "Growth has been observed across most ports and all three broad cargo segments -- container over 19 per cent, liquids & gas 8 per cent, and dry bulk 7 per cent," it said. In June alone, APSEZ handled 32.8 MMT of cargo. APSEZ is the largest commercial ports operator in India accounting for nearly one-fourth of the cargo movement in the country. It is present across 13 domestic ports in seven maritime states of Gujarat, Maharashtra, Goa, Kerala, Andhra Pradesh, Tamil Nadu and Odisha.

Cargo traffic handled by major ports up 3.2% YoY at 68.06 MT in May: IPA

Cargo traffic handled by major ports in the country witnessed an annual rise of 3.2 per cent to 68.06 million tons (MT) in May this year, an official release said on Monday. These ports had handled a total of 65.94-million tons in May 2022, it said. During May 2023, the major ports handled a total 68.06 MT of cargo, against 65.95 MT handled during the corresponding period of last year, a year-on-year growth of 3.20 per cent, Indian Ports Association (IPA) said in a statement. There are 12 major ports, -- Deendayal (Kandla), Mumbai, Mormugao, New Mangalore, Cochin, Chennai, Ennore (Kamarajar), Tuticorin (V O Chidambaranar), Visakhapatnam, Paradip and Kolkata (including Haldia) and Jawaharlal Nehru Port. Of these, eight ports witnessed a surge in the cargo traffic handled by them during the previous month while the remaining four saw cargo traffic at their facilities declining on a year-on-year basis in May, the statement said. Syama Prasad Mookerjee Port (SMP), Kolkata Port (Includ

Sonowal inaugurates Sittwe port in Myanmar; receives first Indian cargo

Union Minister Sarbananda Sonowal and Myanmar's Deputy Prime Minister Admiral Tin Aung San on Tuesday jointly inaugurated the Sittwe Port in Myanmar and received the first Indian cargo ship, according to an official statement. The cargo ship was flagged off from Syama Prasad Mookerjee Port, Kolkata. With the development of Sittwe Port, the cost and time of transportation of goods between Kolkata and Agartala and Aizwal will decrease by 50 per cent, the statement said. "This will promote trade connectivity and people-to-people ties between India and Myanmar and the wider region, and will help boost the economic development of NE states under Act East Policy of the government," the statement quoted Sonowal as saying. In his remarks at the inauguration ceremony, the minister for ports, shipping and waterways highlighted the close historical, cultural and economic ties between India and Myanmar, particularly the Rakhine State of Myanmar. He reiterated India's longstanding commitment .