India

India

23 Jul 2014
Ship agents at India’s Port of Jawaharlal Nehru (Nhava Sheva) have expressed concern over a lack of effective measures by state-owned rail operator Container Corp. of India in clearing import backlogs that have reached “unprecedented” levels at the country’s biggest box gateway.
12 May 2014
Container throughput at major ports in India climbed 3.71 percent year-over-year in April.
11 May 2014
PSA International, through its wholly-owned subsidiary PSA Bharat Investments, signed a concession agreement with Jawaharlal Nehru Port Trust for the construction of a fourth container terminal at India’s largest box gateway.
05 May 2014
Amazon has entered the French market with new investment in a parcel delivery company, another sign the e-commerce giant wants to take greater control of last-mile shipping to customers.
05 May 2014
Mediterranean Shipping Co. said it will launch a direct service connecting India, the Middle East, the Red Sea and the United States.
04 May 2014
Gateway Distriparks Ltd., India’s leading port-based logistics provider, reported its consolidated net income in fiscal year 2013-14, from April 2013 to March 2014, was $22.5 million, climbing 7 percent year-over-year from $21 million.
30 Apr 2014
Jawaharlal Nehru Port Trust will close all its marine terminals for nearly two days.
22 Apr 2014
Gujarat Pipavav Port, an APM Terminals facility on India’s west coast, has scaled back its capacity expansion program for fiscal year 2014-15 in the wake of weakening trade demand.
Ocean Carrier Rate Revision Roundup for April 11
11 Apr 2014
Multiple carriers have planned rate increases in various trade lanes in April and May, although any gains achieved could be fleeting as overcapacity and lackluster global demand continues.
05 Apr 2014
The volume of export and import containers handled at major ports in India slid 3 percent year-over-year in fiscal year 2013-14, from April 2013 to March 2014, but total cargo tonnage inched up 1.78 percent, according to the latest traffic data released by the Indian Ports Association.
03 Apr 2014
Mundra Port, a non-government marine terminal on India’s west coast, handled a record 100 million tons of cargo in fiscal