At 604 million metric tonne (mmt), cargo at major ports grew by 5 per cent between April and December, while non-major port cargo traffic grew by 11 per cent at 531 mmt
Coal, container boom sees cargo rising at 13% in October
Major ports have added more than 100 million tonnes in additional traffic since 2014-15
The port has been built under grant assistance from India as part of the Kaladan Multimodal Transit Transport Project (KMTTP)
The period 1999-2023 has been transformative for the Indian Ports Sector. Much of it has to do with the induction of private capital
Cargo traffic at the country's major ports increased 11.79 per cent to 65.45 million tonnes in February from 58.55 million tonnes in the same month a year ago, according to Indian Ports Association (IPA). The positive growth in cargo traffic was recorded by all major ports except Visakhapatnam, Kamarajar and Chennai Ports, it said. India has 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. Deendayal Port registered the highest cargo growth at 26.98 per cent during the month under review followed by V O Chidambaranar Port with 26.04 per cent and Paradip Port with 23.63 per cent, respectively. The JNPA and Mumbai Port saw their cargo traffic rising 18.21 per cent and 11.85 per cent annually, respectively, in February 2023, among others. Chennai Port's overall cargo traffic declined by 12.65 per cent while Visakhapa
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Poor shipping connectivity has hindered India's integration into the global value chain, according to a RBI report in 2022. The country scored 34% in the GVC participation index
Flat cargo numbers since Q2 drag total FY23 growth down to 8.8%
The project is part of the national monetisation pipeline, which is expected to yield Rs 6 trillion by 2024-25
Bill aims level-playing field for ports, new dispute resolution mechanism
After the pandemic struck, international trade had been abruptly brought to a halt, causing severe losses to seafarers
The development comes at a time when the shipping ministry stares at under-utilisation of assets since there has been slow progress on road and railway connectivity projects
Both coal and crude oil grew 16 per cent year-on-year (YoY), accounting for 105 mt and 65 mt of traffic in the first quarter, even on the back of record high prices
Industry bodies said at least 10 per cent of normal cargo is being diverted from Sri Lanka to Indian ports due to multiple reasons like congestion and shortage in fuel availability
Parliamentary Committee on Transport, Tourism and Culture is scheduled to convene a meeting on the subject of 'Railway Safety and Rail Connectivity to Ports'.
The political and economic uncertainties in Sri Lanka and the congestion at the Colombo port are forcing more ships to turn towards Indian ports in recent months.
The 13 major ports handle over 95 per cent of the country's export-import cargo, with Navi Mumbai's JNPT accounting for over half the cargo volumes
Currently, major ports' PPP concessionaires handle around 50 per cent of the total traffic handled by all the major ports in India
Close on the heels of its neighbour Tamil Nadu, Andhra Pradesh on Thursday said it was opposed to the proposed Indian Ports Act, 2021 mooted by the Union Ministry of Shipping.