Page 10 - Ports

Cargo traffic at 12 major ports falls for 11th month in Feb; down 7%

India's top-12 ports witnessed considerable decline in cargo traffic for the eleventh straight month in February to 600.62 million tonnes (MT), according to ports' apex body IPA

Stake sale at premium valuations a positive for Adani Ports

In addition to volume gains, lower pledges and acquisitions such as Concor would be new triggers

Deendayal Port to sign MoUs worth Rs 3,824 cr at Maritime India Summit 2021

Deendayal Port Trust is one of the 12 major ports in the country

Major Port Authorities Bill to give a fillip to PSU ports, say experts

TAMP has been a multi-member statutory body with a mandate to fix tariffs levied by major port trusts under the control of the Centre and private terminals

Adani Ports & SEZ Q3 consolidated profit up 16% to Rs 1,576 crore

Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday reported a 16.22 per cent increase in its consolidated profit to Rs 1,576.53 crore for the third quarter

India asks Sri Lanka, Japan to abide by its commitments on ECT deal

India on Monday asked all sides to abide by the existing understandings and commitment of a trilateral agreement involving Sri Lanka and Japan to develop the strategic Colombo Port's ECT

Chowgule's Angre Port plans to host industrial units for assured cargo

The agri-based port of Angre is a riverine port that currently exports sugar and molasses to the tune of 0.5 million tonne annually

JNPT says it is adhering to all green norms for Vadhavan port development

The country's leading container port JNPT on Saturday said it is adhering to the terms of reference issued by the Ministry of Environment, Forest & Climate Change for prior environmental clearance for development of Vadhavan port. The government had in February approved a proposal to set up a new major port at Vadhavan near Dahanu in Maharashtra at an investment of Rs 65,544 crore. The new port will be developed on a landlord model under a special purpose vehicle (SPV) with Jawaharlal Nehru Port Trust (JNPT) as the lead partner with equity participation equal to or more than 50 per cent to implement the project. Of this,Rs 16,140 crores will be implemented by the SPV in constructing basic infrastructure like breakwaters, rail line/yard and road connectivity, power and water line, internal roads and common amenities, as per JNPT. At present, JNPT and Maharashtra Maritime Board (MMB) are development partners for the prospective port with JNPT holding 74 per cent and MMB the ...

JSW Infra buys Chettinad Group's port terminals for Rs 1,000 crore

Acquisition to give company instant access to third-party cargo

APM Terminals Pipavav pares terminal handling charges for containers by 25%

Revised charges are effective for vessels sailing from November 16 to December 31 this year

Thermal, coking coal imports in 12 ports dip 25% to 55 MT in Apr-Sep: IPA

Coal volumes at the 12 major ports declined for the sixth straight month in September 2020, as per the Indian Ports Association (IPA)

Kolkata Port Trust new logo to be unveiled at 150-year old celebrations

The programme will be held in a low-key manner in view of the COVID-19 pandemic

Major Port cargo volumes inch towards pre-Covid level amid ongoing pandemic

Private ports too strengthening contribution to cargo volume increase

Sustainability of recovery in domestic ports business a concern: Icra

The sustainability of recovery trend in the domestic ports business remains a concern and the sector is not out of the woods yet, ratings agency Icra said

Considerable decline in cargo traffic at major ports due to Covid-19: Govt

The cargo traffic at India's major ports has declined considerably March onwards, adversely impacted by the Covid-19 pandemic, the government said

Covid impact: Cargo handling at ports drops 17% to 245 mn tonnes in Apr-Aug

Cargo volumes at these 12 major ports under the control of the Centre declined for the fifth straight month in August 2020 and all ports barring Mormugao saw a negative growth

Customs to roll our faceless assessment for imported goods from Oct 31

The Faceless Assessment is being rolled out under the umbrella of the next generational Turant Customs programme.

Andhra Pradesh govt to invest Rs 12K cr in first phase to build four ports

The proposed four non-major greenfield ports are Bhavanapadu Port in Srikakulam district, Kakinada SEZ Port in East Godavari, Machilipatnam Port in Krishna, and Ramayapatnam Port in Prakasham district

Gradual pick-up in export consignments prompts ports to push volumes

JNPT back to handling 12,000 containers per day; Essar Ports performing at pre-Covid levels; Adani Ports Q1FY21 throughput 27% down YoY

Concor rally to lose steam over volume concerns, intensifying competition

Freight corridor delay, licence fee hike among headwinds for the stock