Indian Ports

Cargo traffic at the country's major ports increased 11.79 per cent to 65.45 million tonnes in February from 58.55 million tonnes in the same month a year ago, according to Indian Ports Association (IPA). The positive growth in cargo traffic was recorded by all major ports except Visakhapatnam, Kamarajar and Chennai Ports, it said. India has 12 major ports -- Deendayal (Kandla), Mumbai, Mormugao, New Mangalore, Cochin, Chennai, Ennore (Kamarajar), Tuticorin (V O Chidambaranar), Visakhapatnam, Paradip and Kolkata (including Haldia) and Jawaharlal Nehru Port. Deendayal Port registered the highest cargo growth at 26.98 per cent during the month under review followed by V O Chidambaranar Port with 26.04 per cent and Paradip Port with 23.63 per cent, respectively. The JNPA and Mumbai Port saw their cargo traffic rising 18.21 per cent and 11.85 per cent annually, respectively, in February 2023, among others. Chennai Port's overall cargo traffic declined by 12.65 per cent while Visakhapa

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Poor shipping connectivity has hindered India's integration into the global value chain, according to a RBI report in 2022. The country scored 34% in the GVC participation index

Flat cargo numbers since Q2 drag total FY23 growth down to 8.8%

The project is part of the national monetisation pipeline, which is expected to yield Rs 6 trillion by 2024-25

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After the pandemic struck, international trade had been abruptly brought to a halt, causing severe losses to seafarers

The development comes at a time when the shipping ministry stares at under-utilisation of assets since there has been slow progress on road and railway connectivity projects

Both coal and crude oil grew 16 per cent year-on-year (YoY), accounting for 105 mt and 65 mt of traffic in the first quarter, even on the back of record high prices

Industry bodies said at least 10 per cent of normal cargo is being diverted from Sri Lanka to Indian ports due to multiple reasons like congestion and shortage in fuel availability

Parliamentary Committee on Transport, Tourism and Culture is scheduled to convene a meeting on the subject of 'Railway Safety and Rail Connectivity to Ports'.

The political and economic uncertainties in Sri Lanka and the congestion at the Colombo port are forcing more ships to turn towards Indian ports in recent months.

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

Currently, major ports' PPP concessionaires handle around 50 per cent of the total traffic handled by all the major ports in India

Close on the heels of its neighbour Tamil Nadu, Andhra Pradesh on Thursday said it was opposed to the proposed Indian Ports Act, 2021 mooted by the Union Ministry of Shipping.

India has a coastline spanning 7,516.6 km - forming one of the biggest peninsulas in the world

In the wake of the COVID-19 outbreak, sharp declines were witnessed in handling of containers, coal and POL (petroleum, oil and lubricant) among other commodities

The development comes at a time exports from India have started picking up and merchandise exports turned positive for the first time in the last seven months, growing 5.3 per cent

Cargo volumes at these 12 major ports under the control of the Centre that had handled 348.23 MT during April-September of the last fiscal has declined for the sixth straight month

In terms of tonnage, the container cargo declined 22.45 per cent to 49.26 million tonnes (MT) during the period