The sustainability of recovery trend in the domestic ports business remains a concern and the sector is not out of the woods yet, ratings agency Icra said
The cargo traffic at India's major ports has declined considerably March onwards, adversely impacted by the Covid-19 pandemic, the government said
Cargo volumes at these 12 major ports under the control of the Centre declined for the fifth straight month in August 2020 and all ports barring Mormugao saw a negative growth
The Faceless Assessment is being rolled out under the umbrella of the next generational Turant Customs programme.
The proposed four non-major greenfield ports are Bhavanapadu Port in Srikakulam district, Kakinada SEZ Port in East Godavari, Machilipatnam Port in Krishna, and Ramayapatnam Port in Prakasham district
JNPT back to handling 12,000 containers per day; Essar Ports performing at pre-Covid levels; Adani Ports Q1FY21 throughput 27% down YoY
Freight corridor delay, licence fee hike among headwinds for the stock
Limited supplies, seasickness and a repatriation plan that comes with several complications has made life particularly hard for this lot
At present, sectors like warehousing, trucking, and last-mile delivery, are facing several challenges. Labour shortage has turned out to be the biggest one, across segments.
Already reeling under economic slowdown, companies grapple with demand shock
In many cases, duties are not being paid by importers due to temporary closure of manufacturing facilities
Vishakapatnam port aced other ports in cargo volumes with 10.98% growth
Imports of coking and other coal recorded a rise of 1.10 per cent at 47.08 MT during the period
The Vadhavan port will be developed on "landlord model" (where infrastructure is leased to private firms or industries and chemical plants)
Major ports in the country have an installed capacity of 1,514.09 million tonne per annum
It is proposed to be developed as a non-major state port at Ramayapatnam along Andhra Coast," the Expert Appraisal Committee said
The move is part of National Perspective Plan for the Sagarmala Programme, Minister of State for Shipping Mansukh Mandaviya said in a written reply to Lok Sabha
Deendayal Port handled the most cargo among the major ports with a volume of 71.09 mt followed by Paradip at 64.46 mt
The BIMSTEC region brings together 1.67 billion people or 22% of the world's population
Essar Shipping-owned vessel carries 105,000 tonnes of limestone for JSPL; Gopalpur is undertaking an expansion plan entailing dredging of the channel to enable it to receive large ships