Category Archives: Shipping

DP World has registered a 17 per cent YoY growth at its International Container Transshipment Terminal (ICTT) at Cochin. The firm has achieved its all-time high volume in 2024 by handling 840,564 TEUs. DP World Cochin introduced new STS Ship-to-Shore cranes, e-RTGs, and expanded yard space, boosting the terminal’s total capacity to approximately 1.4 million TEUs a year in 2024. It also upgraded power infrastructure, ensuring reliable and more productive operations even during peak demand, which has resulted in this unprecedented growth. “This success reflects DP World’s commitment to invest in world-class infrastructure to meet user demands, operational efficiency, ongoing innovation and the expertise of a skilled and dedicated workforce. DP World Cochin will remain a crucial hub for regional trade, driving economic growth and strengthening global market connections,” Praveen Joseph, CEO, DP World Ports & Terminals, Cochin, said.

Jawaharlal Nehru Port Authority (JNPA) said that it has issued a Letter of Award (LoA) to Trident Agrocom Exports and Man Infraconstruction consortium for the development of an export-import cum domestic agriculture commodity-based processing and storage facility at its port. Once operational, the export-import-cum-domestic agricultural commodity-based processing and storage facility coming up on a 27-acre land parcel within the port complex, is expected to handle about 1.2 million tonnes of cargo annually. The facility will significantly contribute to the country’s agro trade by improving the processing, storage capabilities, and transportation infrastructure for agricultural commodities. This project will enhance India’s agricultural logistics capabilities and support the growth of both domestic and international agro trade. It also shows JNPA’s focus on accelerating key projects to ensure timely completion, reflecting the port’s commitment to driving economic growth in the agriculture sector. This is India’s first one-of-its-kind facility provided by JN Port which is designed to provide comprehensive services including processing, sorting, packing, and laboratory facilities, emphasizing its commitment to ensuring compliance with food safety and trade regulations. It shall cater to the agricultural commodities not only of Maharashtra but also of other states such as Madhya Pradesh and Gujarat.

Aiming to enhance operational efficiency and compliance with Indian customs’ regulations, Master Marine Services (MMSPL) has introduced the MMD3 SCMTR Digital Portal. The solution has been developed to streamline compliance with the Sea Cargo Manifest and Transshipment Regulations (SCMTR). The MMD3 SCMTR Digital Portal is a comprehensive tool that allows businesses to Ensure compatibility with SCMTR specifications mandated by Indian Customs, and generate SAM, SEI, SDM, SDN, and CSN (including SCE and SCX) seamlessly. “Our in-house development of the MMD3 SCMTR Digital Portal is a testament to our dedication to innovation and customer satisfaction. With this tool, our customers can now navigate SCMTR compliance with confidence and ease. This breakthrough innovation not only underscores MMSPL’s technical prowess but also demonstrates its commitment to providing tailored solutions for the logistics and shipping industry,” Xerrxes Master, Managing Director, MMSPL, said.

Adani Gangavaram Port has announced the launch of two state-of-the-art Economic Grab Ship Cranes, marking a significant milestone as the first in India. These advanced electric cranes are designed to handle multi-purpose operations, efficiently managing, loading and unloading processes. The introduction of these highly advanced cranes will elevate the standards of operational efficiency and sustainable practices at the port. By integrating the latest technology and processes, the port aims to strengthen its position as a leader in trade services. “We are extremely delighted on the induction of the first Economic Grab Ship Cranes in India, and it is a witness to our commitment to enhancing efficiency and better serving our customers. We continue to invest in state-of-the-art technologies that improve efficiency, ensure sustainability, and enhance overall user experience. Our dedication to bringing the best processes and technology to serve the trade remains steadfast, and these cranes are a witness to our vision of becoming a leader in India’s port and logistics sector,” Adani Gangavaram Port Limited management said.

APSEZ (Adani Ports and Special Economic Zone) has announced handling of 36 million metric tonnes (MMT) of cargo in November 2024. The major contribution in the cargo volumes is from containers, which saw a 21 per cent growth from the corresponding period in 2023. The Adani Ports have handled a total of 293.7 MMT of cargo on a year-to-date (YTD) basis, with a YoY growth of 7 per cent. The growth is mainly driven by containers (+19 per cent), and liquid & gases (+7 per cent). On the other hand, APSEZ also announced that its logistics rail volume on the YTD basis has surged 10 per cent YoY.

With an aim to foster meaningful connections and explore avenues for collaboration in sectors essential to both regions, Port of Antwerp-Bruges, with a delegation led by Vice President Luc Arnouts, is organizing a high impact roadshow to India in collaboration with Flanders Investment & Trade. The road show is set to kick-off in India from November 18 to 22 in three major cities featuring New Delhi, Ahmedabad, and Mumbai. Through this initiative, the firm aims to deepen the relationship with India, one of its vital trading partners. The initiative will provide opportunities for engaging with key industry leaders, site visits to major Indian conglomerates, and thought-provoking panel discussions and roundtables. Tailored B2B meetings and networking events, coordinated with local chambers of commerce. The roadshow itinerary includes meetings with Indian energy giants. The aim is to strengthen these relationships and become a critical gateway for India’s green energy exports to Europe.  

Adani Gangavaram Port sets a new record of timber log handling on consecutive days of handling 4,392 metric tons and 4,206 metric tons of timber logs for the vessel MV Mangusta. The port surpassed its previous record of 2,900 metric tons in a single day by 52% on growth. The port has been able to surpass its previous records as management has made strategic investments in infrastructure for efficient cargo handling and railway facilities. The port expects to set further operational records in FY24 and deliver Industry Best Services to its customers. Adani Gangavaram Port’s operational expertise and the capability of its advanced infrastructure, which enables high productivity and prioritizes safety. The port team’s dedication and efficiency underscore the facility’s ongoing commitment to optimizing performance and supporting the growing demands of the shipping and logistics industry. Adani Gangavaram Port said, “We are extremely delighted on this achievement. We at Adani Gangavaram Port always strive to provide the best service to our customers. We offer substantial economic benefits to Indian importers combined with highly efficient port operations and evacuation systems with faster turnaround time & delivery. We are extremely happy to see the trade derive benefits from the modern deep-water infrastructure at the port.”

Jawaharlal Nehru Port Authority (JNPA) has reported an 11.86 per cent YoY rise in container traffic for the month of October. The container traffic for the month stood at 6,14,651 TEUs (twenty-foot equivalent units, whereas the port handled 5,49,487 TEUs of containers in the corresponding period of 2023. In October 2024, the port saw a 2.26 per cent YoY increase in the container handling capacity. The total cargo handled in the month reached 7.62 million tonnes.  

With the handling of more than 65 million metric tonnes (MMT), Major ports recorded a cargo demand growth of 6 per cent in the month of September. The demand growth is primarily driven by crude oil cargo shipments and a surge in miscellaneous commodities. There was a 9 per cent growth in EXIM cargo and a decline of 1.9 per cent in coastal cargo during previous month. As of now, the Major Ports have handled 414 MMT of cargo in the Fiscal Year 25, with a growth of 5 per cent Year-on-Year. Coastal cargo reached 93 MMT in FY 25, recording a 4 per cent YoY growth.

Adani Ports and Special Economic Zone (APSEZ) signed MoU with Rorix Holdings, Abu Dhabi-based global trade facilitation and finance company, to integrate technologies into their logistics and trading platforms. The MoU was signed during the UAE-India Business Forum. As per APSEZ’s stock exchange filing, both companies are aiming “to leverage the strengths of both organisations to integrate advanced technologies into their logistics and trading platforms and create synergies that will transform the commodities market ecosystem”. Thani bin Ahmed Al Zeyoudi, executive chairman of Rorix Holdings, stated, “By combining our expertise in regulated financial platforms and market infrastructure with Adani Ports’ strength in logistics and port management, we aim to revolutionise the way commodities are traded, stored, and managed.”