Authorities at Jawaharlal Nehru Port Trust have been working harder than ever in the past few months to speed cargo flows and address shipper concerns, but that effort has yet to spur a major increase in volumes.
Danish delegation led by Minister for Trade and Economic Affairs, Denmark visits APM Terminals CFS facility in Dadri
23 Nov 2015
The government of India, frustrated by its failure to pass a previous port reform plan following stiff resistance from trade unions and rival political groups, is considering new legislation to make major public ports independent companies in an effort to accelerate economic growth as New Delhi grapples with slowing foreign trade.
20 Nov 2015
The Galex service, an intra-Asia loop operated jointly by Emirates Shipping Line, Hanjin Shipping, Korea Marine Transport Co. and Regional Container Lines, is adding a second call at Cochin, India, on its eastbound rotation.
17 Nov 2015
India’s exports slumped for the 11th straight month in October, albeit at a slower pace than the previous two months, according to the newest provisional trade figures released by the Ministry of Commerce and Industry.
16 Nov 2015
State-owned Shipping Corporation of India reported its net profit swelled more than eight-fold in the second fiscal quarter through the end of September, helped by lower operating costs, a new depreciation charge and higher bulk shipping income
12 Nov 2015
Container throughput at India’s major state-owned ports recorded modest growth during the first seven fiscal months, compared with the same period last year, dragged down by slowing global trade, according to port statistics compiled by JOC.com.
11 Nov 2015
Kakinada Container Terminal, a joint venture between Singapore’s PSA International and two local groups, Kakinada Infrastructure Holdings and Bothra Shipping Services, last week began operations, offering India east coast shippers another port option.
11 Nov 2015
Maersk Line announced it is enhancing its India-Far East service network by introducing two new loops via cooperation with other carriers.
11 Nov 2015
Gateway Distriparks recorded a sharply lower net profit in the second fiscal quarter through the end of September, as India’s leading port-based logistics provider was hit by slowing container volumes.
10 Nov 2015
Adani Ports and Special Economic Zone, the biggest India port operator, reached an agreement to acquire Kattupalli Port, a minor port complex built by domestic engineering group Larsen & Toubro Ltd.
09 Nov 2015
Shreyas Shipping and Logistics recorded a 33 percent fall in consolidated net profit for the second fiscal quarter through the end of September, the combined result of slowing trade volumes, freight rate erosion and increased competition with the entry of new short-sea ship operators into the Indian coastal shipping market.