Category Archives: Shipping

Shipping Minister urges private players to join hands with government in PPP project for ports

Expressing concern over the high logistics cost in the country, which was 30 per cent more than those in developed nations, Mansukh Mandaviya, Shipping Minister, informs, “The government has initiated multiple steps, including strengthening inland waterways, to reduce high logistics cost. He urged private players to join hands to propel India’s growth. “The government of India has taken a large number of steps to reduce logistics cost in the country in order to fuel growth. These include making a network of inland waterways to transport cargo in a cost-effective manner. We have made 1,400 km of waterways operational. The aim of creating a network of waterways is to reduce logistics costs, boost exports and make the country self-reliant, as per Prime Minister ‘Atmanirbhar Bharat’ initiative,” Mandaviya said. “It is time that private players join hands with government in PPP (public private partnership) projects including ports to fuel economic growth,” the minister said. He urged private sector companies to come forward for initiatives like indigenous building of cranes for ports which so far were being imported at an annual cost of about Rs 10,000 crore. The shipping ministry has taken initiatives like introducing the ‘PCSIx’ platform to reduce logistics costs. Port community system ‘PCS1x’ is a cloud-based technology that offers services like notification, work-flow and track and trace and it is estimated that this feature alone will reduce up to two days in the life of a transaction. “Inter-ministerial consultations were on to boost multimodal transport in the country. Enhanced focus on waterways has resulted in higher cargo movement on inland waterways as well as the Indo-Bangladesh protocol route which has enabled faster delivery of cargo to north eastern states, including …

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JNPT handles 4.85 million tonnes traffic in July 2020 despite COVID-19 challenges

Jawaharlal Nehru Port Trust registered a throughput of 344,316 TEUs in container handling, which is 19% higher as compared to June 2020. The port handled total of 196 vessels and the overall traffic handled in July was 4.85 million tonnes (MT) which is an increase of 19 per cent as against 4.07 MT handled in June 2020. Sanjay Sethi, IAS, Chairman, JNPT said, “JNPT will continue to extend support for the country’s economic growth and perform its duties to steadfast growth trajectory of the port sector. In July we have seen exports increasing and expect even the imports to get back to normal by the end of this month. There were few ups and downs but we have managed to keep the operations up and running. Also, JNPT is the first port where port-led economic development is evolving successfully and we are confident of attracting leading global companies for investing here at JNPT SEZ.“

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Hindustan Infralog to invest Rs 1000 crore in JNPT Free Trade Zone

Hindustan Infralog Private Limited (HIPL), a joint venture between DP World and National Investment & Infrastructure Fund (NIIF) has announced an investment of Rs 1000 crore in developing its Nhava Sheva Business Park (NSBP) Free Trade Zone (FTZ) in Mumbai. NSBP, a Special Purpose Vehicle, is a co-developer for the Jawaharlal Nehru Port Trust (JNPT) SEZ. The company has signed a lease agreement with JNPT for the project. The FTZ is on a long-term Lease of 60 years, and is located 5 kms away from JNPT. Rizwan Soomar, CEO & MD, DP World Subcontinent, said, “The Free Trade Zone will be ready towards the end of 2021. This investment reinforces DP World’s strategy and commitment to India, and strengthens our integrated logistics portfolio in the country. Alongside DP World’s global network of ports & terminals and inland logistics infrastructure in the region, the FTZ will provide a seamless experience for both domestic and international customers.”

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Kolkata Port Trust to plan tunnel under Hooghly River for container trucks movement

To facilitate container truck movement from one bank to another, the Kolkata Port Trust (KoPT) is weighing the option of constructing a tunnel under the Hooghly River. This move could potentially free city roads of 700-800 trucks daily. Buoyed by the success of underwater tunnelling work for East-West Metro corridor, the KoPT, rechristened as the Syama Prasad Mookerjee Port, is planning to appoint a consultant to conduct a feasibility study for building a similar structure under the river. Meanwhile, speaking at a seminar organised by CII, Shipping Minister Mansukh Mandaviya said the Centre has waived off waterways charges. The Inland Waterways Authority of India (IWAI) had levied the waterway usage charges at a rate of Rs 0.02 per gross registered tonnage (GRT) per km for inland cargo ships and Rs 0.05 for cruise vessels on national waterways.

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Shipwaves joins TradeLens platform to speed up digitisation in ocean logistics

Shipwaves has joined Maersk-IBM developed TradeLends platform to accelerate the digitisation of the ocean logistics space in India and the Middle East. Having recently allowed shipping bill of lading to be filed over a blockchain platform, India has been betting big on blockchain-enabled solutions to digitize its maritime supply chains. Along the same vein, TradeLens provides controlled, permissioned access to secure and immutable transportation documents while bringing together stakeholders such as shipping carriers, ports, customs offices, and other players in the ecosystem through its blockchain-led platform. Through this linkage, Shipwaves will be able to provide timely end-to-end supply chain visibility, secured sharing of digital shipping documents, and data directly from partners. This will enable the forwarder to improve efficiency and decrease operational costs by a significant margin. Additionally, the smart-contract based workflows will automate and digitise multi-party interactions, which will result in improved efficiency.

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Container cargo handling at major ports drops over 30% in April-June: IPA

According to the latest data from the Indian Ports’ Association (IPA), container cargo in terms of TEUs (twenty foot equivalent unit) at India’s 12 major ports dropped 32.28 per cent to 1.74 million in the first quarter of the current fiscal. In terms of tonnage, the container cargo declined 30.11 per cent to 26.34 million tonnes (MT) in the quarter. These ports had handled containers to the tune of 2.57 million TEUs and 37.69 MT in terms of tonnage in the April-June period of the previous financial year. India has 12 major ports — Kandla, Mumbai, JNPT, Mormugao, New Mangalore, Cochin, Chennai, Kamarajar (Ennore), V O Chidambaranar, Visakhapatnam, Paradip and Kolkata (including Haldia) — that handle about 61 percent of the country’s total cargo traffic.

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Centre plans to make Vallarpadam Terminal a transshipment hub

While reviewing the development activities of Vallarpadam Terminal of Cochin Port, Mansukh Mandaviya, Minister of State for Shipping, Government of India, says, “We are developing the transshipment facility on the Indian port to ensure that the Indian cargo trans-ship through Indian port. Resolving various issues of Vallarpadam Terminal is one of the priorities of the Ministry of Shipping.” The Minister directed officials to chalk out the strategy to tackle the various challenges and actualize the vision of the transshipment hub of India and pioneer hub in South Asia. According to the statement issued by the ministry, “The Kochi International Container Transshipment Terminal (ICTT), locally known as the Vallarpadam Terminal, is located strategically on the Indian coastline. It successfully fulfills all the criteria which are needed to develop it as a transshipment hub.”

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JNPT announces commencement of its special economic zone

Jawaharlal Nehru Port Trust (JNPT) has achieved an another mile stone in development of SEZ by becoming the first-of-its-kind operational Port based multi-product SEZ. The port has announced that two units of its Special Economic Zone namely, OWS LLP and Krish Food Industry have completed their first phase of operational activity and are declared operational units by Development Commissioner, SEEPZ, SEZ. The port has been developing a multi-product Special Economic Zone (SEZ) in its freehold land of 277 hectares at Navi Mumbai. The SEZ aims to boost exports by enabling port-led industrialisation under the Sagarmala initiative of the Ministry of Shipping. The foundation stone of the project was laid by the Prime Minister, Narendra Modi in August 2014. Sanjay Sethi, IAS, Chairman, JNPT, said, “For JNPT, this is truly a great occasion as JNPT becomes the first port where port-led economic development is evolving successfully. JNPT is confident of attracting leading global companies for making India a manufacturing hub as the infrastructure development underway in JNPT SEZ is as per the international benchmark. The potential units investment and the employment generation will give a boost to the entire eco-system around JNPT region.”

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CEVA Logistics introduces myCEVA to accelerate its digital offering 

CEVA Logistics has launched an all-in-one portal named myCEVA to enable shippers in managing their complete shipping journey online. The online tool provides a seamless customer experience by giving them greater control over every function and a larger range of options whatever the circumstances. The portal has been designed to give customers greater control over the booking process while simultaneously improving efficiency through greater process automation. Customers can instantly receive quotes, make bookings and track shipments in real time, which will enhance the customer experience.   After a successful pilot phase in the US in May 2020, myCEVA is working towards covering all transport modes in every region of the world and has been launched in a phased manner with FCL and LCL ocean freight customers using specific trade lanes from/to the US, China and India.

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Maersk India mobile app witnesses over 1.8 million actions by customers in Q2 2020

Maersk’s customer-oriented mobile app witnesses highest usage amongst customers in India. With over 4,000 users, India topped the charts globally amongst the countries where Maersk’s customers are actively using the mobile app. Over 1.8 million actions by customers were recorded on the app in the second quarter of 2020 (April to June). These were more than double of those recorded in the first quarter of 2020 (January to March). These include any action performed by users on the app like booking, tracking, checking schedules, live support etc. “As the pandemic spread across geography, our, as well as most of our customers’ operations, shifted bases to their employees’ homes. It then became imperative for the customers to adopt the digital tools for carrying out businesses from the comforts of their homes. Having invested in digital transformation over the last few years, we could provide this immediately to our customers,” said, Steve Felder, Managing Director – South Asia, Maersk.

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