Page 2 - Ports

Pahalgam terror attack: Merchant vessels told to be cautious at Pak ports

The regulator has asked all relevant stakeholders to be in touch with its office and monitor communications from it regularly

Jefferies bullish on ports; Picks JSW Infra over Adani amid tariff tensions

Jefferies noted that amid the tariff uncertainty, JSW Infra is placed better compared to Adani Ports

Cargo at state-owned ports grew by 4.4% to 855 mmt in FY25, shows data

According to the provisional data, Deendayal Port or Kandla Port and Paradip Port in Odisha handled the highest cargo out of all major ports at 150 mmt each

Centre introduces Indian Ports Bill 2025 to amend 117-year-old legislation

After previous opposition from states, bill takes reconciliatory approach on port powers, officials say

JNPA to become first Indian port with 10 mn TEU capacity by April 2025

The port hit the 7 mn TEUs handling milestone for the first time earlier this month

Going local for global: Bharat Global Ports to test waters at home first

Govt may give consortium domestic exposure

Govt plans to increase Chabahar Port capacity 5x in next 10 years

The signed Chabahar agreement includes a clause on cargo targets, but no penalties will be imposed if such traffic is not achieved

Govt unveils consortium of public sector companies to operate global ports

Move to streamline logistics, strengthen supply chain: Sonowal

ShipMin eyes salt lands for infrastructure expansion in major ports

Last year, DPIIT had sought unused salt lands from Centre and states

Adani lines up Rs 30K cr investment in Kerala for port, airport expansion

Gadkari assures Rs 3 trillion worth of road projects in state during current tenure of central government

Govt likely to stay with flexible PPP contracts on inland waterways

Nascent sector requires ability to be flexible with contracts, according to officials

JSW Infra Q3FY25 results: Net profit climbs 32% to Rs 335.62 crore

JSW Infrastructure on Tuesday reported a 32.35 per cent rise in its consolidated net profit to Rs 335.62 crore in the December quarter, driven by higher income. The country's second-largest private port operator posted a net profit of Rs 253.57 crore during the October-December period a year ago, according to a statement. The total income rose to Rs 1,265.31 crore in the third quarter against Rs 1,018.30 crore in the year-ago quarter. Its expenses stood at Rs 989.40 crore during the quarter from Rs 711.25 crore a year ago. During the quarter, the company handled cargo volumes of 29.4 million tonnes which is higher by 5 per cent over the last year, the statement said. The volume increase was driven by the increased capacity utilisation in the coal terminal at Paradip in Odisha, contribution from PNP port and Liquid Storage Terminal, UAE, it added. The increase in the third-party volume was stronger with 31 per cent year-on-year growth and the share of third-party in the overall vo

JNPA will become first Indian port cross 10 mn TEU capacity mark: Wagh

JNPA is expected to maintain steady growth, focusing partly on the under-construction Vadhvan Port

Govt likely to offer 35% subsidy for goods transport on inland waterways

This incentive will be provided only for long-haul movements on waterways - distances greater than 300 km - and will exclude any expenditure incurred on the first and last mile journeys

Former CMD alleges foul play in Kakinada port stake sale; files case

According to the complaint, 40 per cent of Kakinada Port, valued at Rs 2,500 crore, was forcibly acquired for just Rs 494 crore

JNPA records nearly 12% rise in Oct container traffic to 614,651 TEUs

Jawaharlal Nehru Port Authority (JNPA) on Tuesday said container traffic at its port rose 11.86 per cent year-on-year to 6,14,651 TEUs (twenty-foot equivalent units) in October. The port had handled a total of 5,49,487 TEUs of containers in October last year, it added. In the previous month, it handled 7.62 million tonnes of total cargo, 2.26 per cent more compared to the total cargo handled in October 2023. In October 2024, the port said, it handled 562 container rakes and 88,224 TEUs compared to 555 rakes and 88,412 TEUs in the year-ago period. In the seven months to October, the total container traffic grew 13.12 per cent year-on-year to 4,142,134 TEUs of containers, while the total cargo during this period stood at 52.42 million tonnes, recording a 5.6 per cent year-on-year growth, it said.

Kerala CM asks Union FM to give grant for Vizhinjam port unconditionally

Kerala Chief Minister Pinarayi Vijayan has urged Union Finance Minister Nirmala Sitharaman to release the Centre's share of Rs 817.80 crore in the Viability Gap Funding (VGF) for the Vizhinjam seaport here without imposing the condition that the state has to repay it later. Vijayan, in a letter to the FM, said the condition imposed by the Empowered Committee constituted by the Department of Economic Affairs, that the VGF amount should be repaid by Kerala in Net Present Value (NPV) terms by way of premium (revenue) sharing, would result in a huge loss of Rs 10,000 to 12,000 crore to the state exchequer. "The state is investing resources to the tune of Rs 5,595 crore out of the total project outlay of Rs 8,867 crore. I am sure, the Hon'ble Minister would appreciate that given the financial situation of a small state, like Kerala with limited financial resources, this scale of investment involves tremendous sacrifice on the part of the state. "In addition, as the repayment of Rs 817.80

Govt ports outpace private peers in cargo traffic growth, shows data

Coastal cargo, commodity anomalies tip scales for major ports

US East Coast port strike likely as union, management trade wage offers

The White House reiterated on Monday it was not considering using the federal Taft-Hartley Act to halt a strike, which would force workers to go back on the job while negotiations continue

Union minister Sonowal launches Cruise Bharat Mission from Mumbai port

Union Minister Sarbananda Sonowal on Monday launched 'Cruise Bharat Mission' from the Mumbai port, aimed at boosting the potential of cruise tourism in the country and doubling of cruise passenger traffic by 2029, according to an official release. The mission, which also aims to excel India's vision to become a global hub for cruise tourism and promote the country as the leading global cruise destination, targets three key cruise segments -- the ocean and harbour, river, inland and island. It will be implemented in three phases, beginning October 1, the release said, adding that it will continue till March 31, 2029. Launching the mission on board cruise ship "Empress," Sonowal, who is the Minister for Ports, Shipping and Waterways, said, "the 'Cruise Bharat Mission' is a watershed moment in the revamp of the cruise sector of India." Stating that the government is committed to harnessing the tremendous potential of the Blue Economy of India, Sonowal said that cruise, with its ...