Vol. LXI No. 142 th THURSDAY 5 AUGUST 2021
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JNPT records a growth of 21.15% in July in cargo handling JNPT hospital marks a new milestone, administers over 10,000 Covid-19 vaccine jabs NAVI MUMBAI: Jawaharlal Nehru Port Trust (JNPT), one of the premier container handling ports, recorded 433,533 TEUs in July 2021 compared to 344,316 TEUs in July 2020, a growth of 21.15% as compared to the same period last year. Commenting on the monthly performance, S h r i S a n j a y S e t h i , I A S , C h a i r m a n , J N P T, s a i d , “We continued to maintain good performance in July 2021, and along with our stakeholders, we continue to play an important part of the supply chain. We have also commenced trial operations at the newly constructed Coastal Berth; this will provide an impetus for coastal cargo movement and provide better infrastructure for coastal shipping and decongest rail and road networks, ensuring cost-competitive and effective multi-modal transportation solutions. We have also handed over a letter of intent to successful bidders of 9 plots in JNPT SEZ to boost port-led industrialization. We have been
relentlessly handling the evacuation and procurement of Medical Grade Oxygen and other Medical accessories and supply during the month. “As a socially conscious organization, committed to the stakeholders, employees and local community, the JNPT hospital has administered over 10,000 doses of Covid-19 vaccine jabs. The Shri Sanjay Sethi, IAS immunization drive is being conducted not only for the JNPT staff but also for facilitating the local communities living in and around the port area”, added Shri Sanjay Sethi, IAS, Chairman, JNPT. Cont’d. Pg. 6
Adani Ports achieves highest Container Shipping Industry braces ever Quarterly volume growth for higher cost : Drewry of 83% & EBITDA of 82% A H M E D A B A D : A d a n i Po r t s a n d Special Economic Zone Limited (“APSEZ”), the largest transport utility in India and a part of the diversified Adani Group, announced its results for the first quarter ended 30 June 2021. Cont’d. Pg. 2
LONDON: Despite booming stocks and rising profitability not everything is hunky dory for container shipping lines. The sector is either already facing or about to face higher costs as highlighted below. 1. Decarbonisation Apart from their individual R&D and capex decisions, carriers are likely to face new expenses related to the wider shipping industry’s efforts to decarbonise operations. Cont’d. Pg. 13