Page 9 - Ports

Sagarmala project pipeline doubles to 1,537, cost rises to Rs 6.5 trillion

The ports ministry is currently working on a national perspective plan for development of 11 coastal economic zones (CEZ) across the country

Govt's Rs 7,000-cr port monetisation drive delayed on security clearance

The Ministry of Ports, Shipping and Waterways could award projects worth only Rs 1,000 crore in FY22, achieving barely 14% of the target

Envoy urges ASEAN, Australia, India to work for ocean health, smart ports

Speaking at the inaugural session, Australia's High Commissioner to India Barry O'Farrell also stressed the need to co-operate in the Indo-Pacific amid the rising multi-polar world scenario

Adani Ports buys Ocean Sparkle for Rs 1700 cr through Adani Harbour Svces

Ocean Sparkle is a leading player in towage, pilotage, and dredging with an asset base of 94 own vessels and 13 third-party-owned vessels

FY22 traffic at major ports grows 7%, five ports post highest ever tonnage

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

Need to develop all-weather deep-water port in India, says Tharoor in LS

He said the development of ports in India is "important" as ships carry 90 per cent of the world's goods around the globe.

APSEZ cargo handling jumps 35% to 234.3 MT during April-December

Its ports, excluding Mundra, grew 74 per cent and contributed 52 per cent of the total cargo basket, APSEZ said in a filing to the BSE

Concerns over supplies after lockdown of largest port in China

The Chinese authorities announced a lockdown in the district of Beilun in Ningbo following the discovery of a Coronavirus case on Saturday

Adani Ports abandons plans to build container terminal in Myanmar

The company is expected to fully exit the investment in the strife-torn south Asian nation between March and June next year

Adani Ports second quarter net profit falls 30.5% to Rs 968.34 crore

The country's largest integrated logistics player had clocked a consolidated net profit of Rs 1,393.69 crore in the same period a year earlier

Winners and losers in shipping crisis

Indian exporters complain of increase in freight rates by 300% to 1000% for various destinations and additional charges

China's two-week port closure to have a mixed impact on India's trade

India has been facing acute shortage of containers since November 2020 leading to ocean freight rates having zoomed 5-7times within a span of 8-9 months.

Chinese ports choke over 'zero tolerance' coronavirus policy

Several Chinese ports are facing congestion as vessels due to call at Ningbo are being diverted and cargo processing is slowed partly due to stricter disinfection measures

Covid-19: China's port shutdown raises fears of closures worldwide

The shutdown at Ningbo-Zhoushan is raising fears that ports around the world will soon face the same kind of outbreaks and Covid restrictions

Northern Chinese port city uses boats, scoops to fight algae bloom

The northern Chinese port city of Qingdao has deployed thousands of boats and powered scoops to deal with a massive algae bloom that is threatening sea life, tourism and water transport

Second Covid-19 wave: Global ports slam the door on Indian seafarers

Covid restrictions on one of the world's largest sources of sea crew may hurt India's trade

CCI approves APSEZ acquisition of 89.6% of equity in Gangavaram Port

The Competition Commission of India (CCI) has approved acquisition of 89.6 per cent of equity shareholding in Gangavaram Port Ltd (GPL) by Adani Ports and Special Economic Zones Ltd (APSEZ)

Iran's Chabahar port likely ready by May as India speeds up work: US report

Strategic project will allow India to trade with Afghanistan unimpeded by Pakistan, says independent Congressional Research Service

Suez canal blockage: Snarl halts $9.6 billion a day worth of ship traffic

So far efforts by tugs and diggers to dislodge the Ever Given -- the 400-meter long vessel that became wedged in the canal on Tuesday -- have failed

Suez Canal blockage is a signal of what's ahead as ships get bigger

The 200,000-ton cargo ship currently lodged in the Suez Canal, bringing 13% of the world's trade to a halt, may be the biggest vessel to get stuck in a major waterway