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JNPA Chairman launches New Centralized Visitor Pass Management System
NAVI MUMBAI: JNPA is elated to announce the launch of our new centralized visitor pass management system by the hands of our Chairman, Shri Unmesh Sharad Wagh, IRS. This innovative system will enhance security, streamline check-in processes, and provide real-time monitoring for visitors, contractors, and contract workers at JNPA and its terminals.
“By digitizing our operations, we’re improving efficiency, reducing administrative burdens, and ensuring a safer and more secure environment for everyone,” informs a recent communique from JNPA. Major Ports outpace Non-Major Ports
Major Ports outpace Non-Major Ports in cargo traffic growth
NEW DELHI: In a reversal of usual trends, Central Governmentowned ports, also called major ports, have outpaced their private and stateGovernment counterparts in cargo traffic growth to date this financial year, the data from the ministry of ports, shipping, and waterways shows. During 2024-25, cargo handled at major ports increased by almost 5 per cent to 348.06 million tonnes (MT), driven by a 4.9 per cent increase in overseas cargo and 5.2 per cent increase in coastal cargo.
This is a major uptick for the major ports after Covid. On the other hand, private and state-Government ports, also called non-major ports, saw a
2.8 per cent increase in their cargo over the same period. While growth in overseas cargo, at 4.29 per cent, has been competitive against major ports, a major decline in coastal cargo has left non-major ports lagging.
“ M a j o r p o r t s h a v e b e e n aggressively trying to capture cargo, with tariffs much lower than some of the prominent ports in their vicinity. Coastal cargo too is improving for major ports this year after no improvement this time last year,” a senior Government official said.
T h e s h i f t i n c o a s t a l c a r g o movement is tilting faster in favour of major ports this financial year Coastal cargo traffic for major ports in August
increased 10 per cent to 15 7 MT, while thatfornon-majorportsfellto1.3MT.
Crude oil, fertilisers dampen the growth of private ports According to experts, the import of crude oil, which i s a m o n g t h e m o s t s h i p p e d commodities at Indian ports, through private and state Government ports has moderated as several refineries like Bharat Petroleum Corporation, Indian Oil and Nayara Energy took a planned shutdown in FY25 year-todate, which impacted exports in petroleum products.
However, container volumes remain the bright spot, growing sharply 23.5 per cent year-on-year at non-major ports.
Financial woes of Exporters to be supported by Government Intervention
N E W D E L H I : T h e I n d i a n Commerce department is actively working on a long term solution to address the credit issues faced by exporters, particularly smaller businesses. One of the proposed solutions is a credit guarantee fund for export finance, which would allow businesses to access finance without needing to provide collateral.
This initiative is modeled on the post Covid loan package and aims to alleviate the financial burden on exporters.
E x p o r t e r s h a v e b e e n struggling with declining export c r e d i t a n d r i s i n g c o s t s , exacerbated by increased freight rates due to geopolitical tensions in West Asia. Data revealed that
outstanding export credit has d e c
o m a r o u n d Rs 2 3 lakh crore at the end of March 2022 to under Rs 2.2 lakh crore last March, despite a 15% rise in exports in rupee terms.
The Government’s intervention is seen as a crucial step to support the export sector and ensure sustainable growth.
Work on JNPT-Shivare eway section to start in Nov: Nitin Gadkari
NAVI MUMBAI: Union Road
Transport and Highways Minister
Nitin Gadkari on Friday said the detailed project report (DPR) for the JNPT-Shivare section of the proposed expressway parallel to the MumbaiPune highway was ready and work on the stretch would start in a month.
“The proposed Mumbai-PuneBengaluru expressway will help reduce the travel time between Mumbai and Bengaluru to eight hours. It will also bring down the travel time between Pune and Mumbai to one-and-a-half hours,” Gadkari said, while speaking at the foundation-laying ceremony to upgrade the Dahiwadi-Mayni-Vita stretch of NH-160, which would cost Rs 632 crore. The function was held at Vita in Sangli district.
The work on the JNPT-Shivare section would cost Rs 10,000 crore. “The parallel road between Mumbai and Pune will start from the Atal Setu and connect to Pune’s ring road The expressway will pass 360km in M a h a r a s h t r a a n d 4 9 6 k m i n Karnataka. Atal Setu to Pune travel time will be around one and a half hours, while it will take nearly five hours to travel from Pune to Bengaluru. The expressway passes along the drought-prone areas of the
region and will help propel economic growth in the region We have proposed aircraft landing at five sites along the expressway The total length of the expressway is 800km and the speed limit will be 120km per hour,” Gadkari said.
Union Road Transport and highways minister Nitin Gadkari on Friday said the detailed project report (DPR) for the JNPT-Shivare section of the proposed expressway parallel to the Mumbai-Pune highway was ready and work on the stretch would start in a month.
“The proposed Mumbai-PuneBengaluru expressway will help reduce the travel time between Mumbai and Bengaluru to eight hours It will also bring down the travel time between Pune and Mumbai to one-and-a-half hours,” Gadkari said, while speaking at the foundation-laying ceremony to upgrade the Dahiwadi-Mayni-Vita stretch of NH-160, which would cost Rs 632 crore. The function was held at Vita in Sangli district.
The work on the JNPT-Shivare section would cost Rs 10,000 crore. “The parallel road between Mumbai and Pune will start from the Atal Setu and connect to Pune’s ring road. The expressway will pass 360km in
Karnataka. Atal Setu to Pune travel time will be around one and a half hours, while it will take nearly five hours to travel from Pune to Bengaluru. The expressway passes along the drought-prone areas of the region and will help propel economic growth in the region. We have proposed aircraft landing at five sites along the expressway. The total length of the expressway is 800km and the speed limit will be 120km per hour,” Gadkari said.
The Minister said when he was the Maharashtra irrigation minister, he gave importance to the irrigation schemes, which helped the people to grow cash crops like sugar cane and improve their economic standing.
“The Pune-Bengaluru highway brought economic prosperity to cities like Satara and Kolhapur Similarly, the new expressway passing through Raigad, Pune, Satara and Sangli district’s rural areas will help bring economic prosperity to theseregions,”Gadkarisaid
Sangli-Kolhapur stretch of NH166 (Nagpur-Ratnagiri Highway) and the K a g a
) six-laning work in a helicopter.
CONCOR & Havells India inks pact for leasing 2 Warehouses
NEW DELHI: MMLPC M L K h a s s i g n e d a n a g r e e m e n t w i t h t h e country's leading industrial house Havells India for leasing out 2 warehouses, comprising a total of 8565 sq. meter area, w.e.f. 15.10.2024 to 14.09.2025.
Drewry: World Container Index down 5% last week
L O N D O N : D r e w r y ’ s Wo r l d
Container Index decreased 5% to $3,489 per 40ft container last week. Detailed assessment for Thursday, 3 October 2024
•The latest Drewry WCI composite index of $3,489 per 40ft container is 66% below the previous pandemic peak of $10,377 in September 2021, but it is 146% more than the average 2019 (pre-pandemic) rate of $1,420.
•The average composite index for the year-to-date is $4,097 per 40ft container, which is $1,269 higher than the 10-year average rate of $2,828 (inflated by the exceptional 2020-22 Covid period).
•Freight rates from Shanghai to Genoa decreased 9% or $364 to $3,848 per 40ft container Similarly, rates from Shanghai to Rotterdam declined 8% or $342 to $3,815 per FEU. Likewise, rates from Shanghai to Los Angeles dropped 4% or $232 to $5,258 per 40ft box. Also, rates from Shanghai to New York and Rotterdam to Shanghai fell 2% to $5,922 and $590 per feu respectively Meanwhile, rates from New York to Rotterdam, Rotterdam to New York and Los Angeles to Shanghai remain stable. Drewry expects increases in rates from China and Europe to the US East Coast in the coming weeks due to the ILA port strike.
Indian logistics market to expand to Rs 13.4 trillion by FY28: Motilal Oswal Report
NEW DELHI: The Indian logistics market, valued at Rs 9 trillion in FY23, is projected to grow significantly, reaching Rs 13.4 trillion by FY28, registering a compounded annual growth rate (CAGR) of 8-9 per cent, according to a recent report by Motilal Oswal.
This growth is being fuelled by structural shifts, technological advancements, and Government initiatives aimed at reducing logistics costs and improving infrastructure.
The National Logistics Policy, unveiled in September 2022, has set goals to optimise India's logistics landscape. It has focused on increasing the share of railways in the freight movement (currently at 18 per cent) through the development of dedicated freight corridors (DFCs), improving road infrastructure, and expanding inland waterways.
The commissioning of DFCs, which are 96 per cent complete as of April 2024, is set to boost the capacity and efficiency of rail freight, increasing its share in the overall modal mix.
Additionally, the Government's push for port privatisation has led to improved infrastructure and efficiency at Indian ports, benefiting major operators like AdPorts and SEZ (APSEZ) and JSW Infrastructure.
India's logistics cost as a percentage of GDP currently stands at 14 per cent, significantly higher than the 8-9 per cent range in developed countries.
The skewed modal mix, with roads accounting for
71 per cent of freight movement, plays a major role in these elevated costs. In comparison, railways and waterways have a much smaller share of the logistics pie.
To tackle these inefficiencies, the Government has implemented key initiatives such as the Goods and Services Tax (GST) and invested heavily in road infrastructure, inland waterways, and dedicated freight corridors (DFCs).
These measures are expected to reduce the logistics cost-to-GDP ratio to 8-9 per cent in the coming years, aligning India with global standards.
The logistics market is highly diverse, encompassing road transport, rail transport, air cargo, multimodal logistics, and industrial warehousing, among others.
The domestic express logistics segment is projected to grow at a faster pace, with a 14 per cent CAGR over FY23-28, driven largely by e-commerce expansion.
Organised players, who already control about 80 per cent of the market, are expected to solidify their dominance, leveraging Government policies like the e-way bill and GST
The less-than-truckload (LTL) segment in road transportation is also expected to witness notable growth, with a projected 10 per cent CAGR.
This growth has been spurred by the increased demand for smaller and more frequent shipments, bypassing warehouse storage, and directly reaching retailers.
HOST PORT
Visakhapatnam Port Authority (VPA) achieved a new milestone in cargo handling
V I S A K H A P A T N A M : Visakhapatnam Port Authority (VPA) achieved a new milestone in cargo handling by achieving 41 79 MMTs during the first half of FY 2024-25, marking a 6 percent growth.
The volume registered was over 39.60 MMTs handled during the same period in 2023-24. Port authorities attributed the growth to the increased handling of key commodities such as crude, LPG, coal, and other cargoes, reinforcing VPA’s position as a leading port in India. As a part of Prime Minister Narendra Modi’s 100-day action plan that aimed at n
,
the Visakhapatnam Port Authority has undertaken significant initiatives.
In line with the Prime Minister’s vision for ‘Viksit Bharat 2047’, the VPA focuses on key sectors, including IT advancements, green initiatives, infrastructure projects and corporate social responsibility initiatives. The efforts reflect the port’s commitment to sustainable growth, enhanced operational efficiency and positive societal impact.
In addition, the VPA made considerable progress in digital transformation by implementing the National Logistics Portal Marine ( N L P ) .
between stakeholders, including shipping lines, customs authorities and the Port Health Officer (PHO), facilitating real-time data exchange and transparency The enhanced o p e
streamlining processes at the port.
, Visakhapatnam Port is incorporating 100 percent renewable energy, reducing carbon emissions in the maritime sector. To further support environmental goals, the port has introduced CNG-powered buses and deployed sweeping machines and fire tenders to improve air quality and safety within the port premises.
Impact of Iran-Israel conflict on Basmati Rice exports
NEW DELHI: In a grain market of Uttar Pradesh’s Ghaziabad, the price of the Paddy (Dhan) Basmati rice varieties has decreased since last couple of days because the exporters are no longer coming in with big orders. The reason for the slump in exports is due to the ongoing conflict between Iran and Israel.
About 25 per cent of basmati rice exported from India is sent to Iran, which is being badly affected due to the uncertainty. All India Rice Exporters Association General Secretary Ajay Bhalotia said the Israel-Iran conflict has the “ b a s m a t i r i c e i n d u s t r y i n jeopardy”
“Of the total basmati rice exported from India, 25 percent is exported to Iran while 20 percent goes to Iraq. The combined value for these countries is more than two million tonnes whose value is more than two billion dollars. If this export is not done, then the farmers’ profit in the fields will be reduced to half,” he said.
Mr Bhalotia also claimed that insurance companies have “stopped giving insurance on exports to Iran”.
“The possibilities of export to Iran have been closed due to this,” he said.
“We request the Government to ask the insurance companies to give us insurance so that we can do some amount of exports to Iran and Iraq
and provide fair prices to the farmers for their produce,” he added.
Just last month, India removed the floor price for basmati rice exports to spur orders from the Middle East, Europe, and the Americas.
The minimum export price or MEP posed a barrier to exporting certain basmati rice grades, and its removal opened up opportunities for global buyers to access the full range of options, said top basmati rice exporters.
India is the leading grower and exporter of basmati rice to the global market, followed by neighbouring Pakistan.
Escalation in US-China trade war may help India to increase exports: GTRI
NEW DELHI: The escalation in the US-China trade war is expected to help India increase its exports and attract investments from American companies, think tank GTRI said recently
He said that last month, the US Senate introduced two bills that could intensify the trade war and have major global economic impacts if passed.
The 'Neither Permanent Nor Normal Trade Relations Act' (PNTR Act) and the 'Axing Non-Market Tariff Evasion Act' (ANTE Act) aim to counter China's trade practices by raising tariffs and imposing new trade barriers.
The PNTR Act seeks to phase out China's favourable trade status, while the ANTE Act targets non-market economies like China and Russia with tougher measures, the Global Trade
Research Initiative (GTRI) said.
"While these bills aim to protect US industries, they also create opportunities for countries like India to grow their manufacturing sectors.
"As US companies look for alternatives to China, India could see increased investment in electronics, t e x t i l e s , a n d m a n u f a c t u r i n g , enhancing its position in global supply chains," GTRI Founder Ajay Srivastava said.
In this background, he said, India should reconsider its proposals to invite Chinese firms and investment aimed at boosting exports.
The higher tariffs on Chinese products present an opportunity for India to strengthen its manufacturing sector, he added.
He also said that both bills create a p o t e n t i a l f o r g
industries.
"As US companies reduce their reliance on China, India's expanding manufacturing sector, especially in electronics, textiles, and other industries, could attract more investment," he said.
The GTRI suggested to the Government that India should actively work to attract investment from multinational companies seeking alternatives to China.
It will be essential to boost domestic production capabilities, especially in electronics, machinery, t e x t i l e s , a n d s o l a r p a n e l manufacturing, to fill the gap left by reduced Chinese imports to the US.
"India should also reconsider inviting Chinese firms for exportrelated investments, as US actions against Chinese companies could impact India's own exports if tied to Chinese investments," it said.
RMG Exporters from Tamil Nadu to see Revenue Growth: Crisil Ratings
CHENNAI: The revenue of
r e a d y m a d e g a r m e n t ( R M G ) exporters from Tamil Nadu state to see revenue growth by 8-10 per cent to 43,000 crore ($5.11 billion) in this fiscal, according to CRISIL Ratings.
The sector has seen signs of recovery in Tamil Nadu after two years of subdued demand and muted realisations and is expected to fare better than the national level, where revenue growth is expected to be 3-5 percent in this fiscal.
This is due to the larger share of exports in the state’s RMG sector, at 65-70 percent, compared with 20-25 per cent at the national level, the rating agency said in a release.
Operating profitability will
improve by 25-30 basis points (bps) on better operating leverage, marginal increase in realisations and stable yarn prices, an analysis of over 50 RMG exporters based in the state and accounting for over a fourth of the industry revenue indicates.
The Central Gover nment’s impetus through various schemes, the recent political developments, and the ongoing gas crisis in Bangladesh wouldalsobenefittheindustry
Moreover, extension of the export incentive scheme (providing rebate of state and central taxes and levies) for apparel, garments and made ups till March 31, 2026, will ensure cost competitiveness and help companies secure orders, driving volume.
Realisations, too, will rise 1-3 per cent with rising demand as retailers in the United States and Europe may restock inventory ahead ofthefestiveseasonandinanticipation of spring-summer demand
With surging demand, a marginal increase in cotton prices can easily be passed on to customers, curbing any downward movement in profitability
Better realisations coupled with higher efficiencies would push the operating margins up 25-30 bps to nearly 10.5 per cent in this fiscal.
Geopolitical uncertainties, any change in discretionary spending patterns and volatility in raw material prices will bear watching, the rating agency added.
Bandar Port to be completed by end of 2025: Chandrababu Naidu
HYDERABAD: Andhra Pradesh
Chief Minister N. Chandrababu Naidu has promised to complete the Bandar Port works by December 2025. After a review of the progress of the ongoing works of the port in Machilipatnam in Krishna district, the Chief Minister asked officials to expedite the pace of the works. He told media persons that another 38.32 acres of land necessary for the port will be allocated soon.
Naidu alleged that there was no progress in the port works taken up with an estimated cost of Rs 3,669 crore as the previous YSRCP Government totally neglected it If the ongoing works are completed, the first four berths will be ready but as per the master plan up to 16 berths can be established, the Chief Minister said.
Once the port works are complete,
it will largely help in the development of Machilipatnam which is very close to the capital city of Amaravati, he felt. Chandrababu Naidu promised to take steps to provide necessary road connectivity, the police training centre and the water supply to the area. He was of the opinion that if the port is converted into a container port, it will also largely help the neighbouring states like Telangana.
India’s Maritime Legacy takes Center Stage as Sarbananda Sonowal announced Indian Maritime Heritage Conclave
NEW DELHI: The Minister of Ports, Shipping, and Waterways
S h r i S a r b a n a n d a S o n o w a l convened a significant meeting today with leading archaeologists, museologists, and historians of India to chart a course for promoting the nation’s rich maritime heritage.
T h e m e e t i n g f o c u s e d o n a c o l l a b o r a t i v e a p p r o a c h t o documenting and celebrating India’s ancient maritime history, which has played a vital role in shaping its cultural and economic trajectory.
A key highlight of the discussion was the upcoming Indian Maritime Heritage Conclave, scheduled for mid-December 2024. This prestigious event will bring together global e x p e r t s , r e s e a r c h e r s , a n d practitioners to explore India’s
10,000-year-old maritime legacy, addressing diverse topics such as the influence of language, literature, art, and architecture on maritime culture. The conclave will also showcase the unique traditions, cuisine, sports, and clothing of India’s coastal states.
S p e a k i n g o n t h e o c c a s i o n , Shri Sonowal said, “India’s maritime history is not just a legacy of the past; it is a guiding light for the future. Through this conclave, we aim to celebrate our rich heritage while positioning India as a global leader in maritime conservation.”
During the meeting, prominent h i s t o r i a n s e x p r e s s e d t h e i r appreciation for the Ministry of Ports, Shipping, and Waterways' initiative, recognizing it as a vital step towards preserving and promoting India's
maritime heritage Their insights underscored the significance of this collaborative effort in bringing India’s rich maritime legacy to the global forefront.
In line with the Prime Minister’s vision of India as a “Vishwaguru”, the conclave is set to be a milestone e v e n t i n p r o m o t i n g I n d i a ’ s leadership in the field of maritime heritage conservation A committee will soon be formed to create a detailed concept plan, ensuring thematic sessions, workshops, and interactive activities that foster deep engagement and knowledge sharing
The event is expected to set the stage for India to further elevate its global presence in maritime culture and heritage preservation.
Telangana working on developing Dry Ports to boost Trade
HYDERABAD: Logistics has been the backbone of industrial development. The Telengana State Government is working on developing a dry port in the norther n cor ridor of the state The modalities are being worked out a n d t h i s w i l l b e d e v e l o p e d i n public-private partnership mode, said a senior official of the Telangana Industrial Infrastructure Corporation (TGIIC).
The Government is exploring the
feasibility of setting up a few more dry ports to step up exports. Currently, exports from Telangana are routed through ports in Tamil Nadu and Andhra Pradesh.
The idea for a major dry port in Telangana is not new In July 2021 the K Chandrasekhar Rao-led Bharata Rastra Samithi (BRS), formerly Te l a n g
n a R a s h
S
i t h i , Government approved a proposal to set up a 1,400-acre multi-modal logistics
park near Nalgonda on a public-privatepartnership basis.
It decided to set up two integrated container depots (ICDs) — on the lines of the Concor ICD at Sanathnagar — in Hyderabad, in collaboration with the Customs department, to promote exports.
In a first in the country, a short-haul coastal container feeder service to be launched between Chennai and Puducherry
VESSELS DUE IN PORT FOR IMPORT DISCHARGE & EXPORT
ADANI MUNDRA CONTAINER TERMINAL (AMCT)
Port MSC Yamuna VI (V-IU439A) MSC Agency Nhava Sheva 09/10 Mogral (V-87) MBK Logistix Mandalore 10/10 Al Rawdah (V-4) MBK Logistix Abu Dhabi
ADANI CMA MUNDRA CONTAINER TERMINAL PVT LTD (ACMTPL),
DP WORLD MUNDRA
Maerssk Line Maersk India Port Casina, Mombasa (MAWINGU)
TO LOAD FOR FAR EAST JAPAN, CHINESE PORTS & AUSTRALIAN PORTS 08/10 08/10-PM Inter Sydney 164 4093557 Interworld
11/10 11/10-AM Northern Guard 926E 4093510 Heung A / WHL Samsara / WHL Port Kelang, Shekou, Dalian, Shanghai, Ningbo, Hongkong (C16) 12/10 13/10 13/10-AM X-Press Cassiopeia 24040E 4093596 X-Press Feeder Sea Consortium Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 14/10 20/10 19/10-PM X-Press Phoenix 442E —/— Maersk Line Maersk India Ningbo, Tanjung, Pelepas, Port Kelang (NWX) 21/10 14/10 14/10-AM Zhong Gu Hang Zhou24003E 4093600 Global Feeder Sima Marine Port Kelang, Busan, Gwangyang (CSC) 15/10
TBA Asyad Line Seabridge Marine Shangai, Ningbo, Shekou (FEX)
TBA Asyad Line Seabridge Marine Haiphong, Laem Chaban, Jakarta (IEX) TO LOAD FOR INDIAN SUB CONTINENT
In Port —/— Maersk Cardiff 440W —/— Maersk Line Maersk India Colombo (MW2 MEWA) 09/10 14/10 14/10-AM Zhong Gu Hang Zhou24003E 4093600 Global Feeder Sima Marine Karachi (CSC)
15/10 15/10-AM Marsa Neptune 2410 4103674 Sai ShippingSai Shipping Karachi (JKX)
TBA Asyad Line Seabridge Marine Karachi (REX)
CONTAINER VESSELS DUE / IN PORT FOR IMPORT DISCHARGE
In Port Maersk Cardiff (V-440W) —/— Maersk India Nhava Sheva In Port As Susanna (V-12) 4093604 Unifeeder Agency Jebel Ali 11/10 Northern Guard (V-926E) 4093353 Wan Hai Line Nhava Sheva
VESSEL’S NAME VCN NO. AGENTS FROM SAILED WITH EXPORT CARGO
14/10 Zhong Gu Hang Zhou (V-24003E) 4093600 MBK Logistix Nhava Sheva 14/10 Dimitra C (V-441W) 4093500 Maersk India Jebel Ali 18/10 Maersk
AT BERTH
CB-1 Maersk Cardiff (V-440W) Maersk India 09/10 CB-2 As Susanna (V-12) Unifeeder Agency 09/10 SM Neyyar (V-439) Beherai 03-10-2024 SSL Brahmaputra (V-919W) Nhava Sheva 04-10-2024 Maersk Cabo Verde (V-440S) Salalah 05-10-2024
MUNDRA
& SOUTHERN AMERICA
PORTS
