Minor ports in India continue to rapidly gain market share on their major public rivals, thanks to aggressive marketing efforts and cargo diversions, with the newest data obtained by JOC.com showing so-called non-major cargo terminals recorded double-digit year-over-year container growth fiscal year 2014-15, which ended March 31.
Danish delegation led by Minister for Trade and Economic Affairs, Denmark visits APM Terminals CFS facility in Dadri
29 Jun 2015
Minor ports in India are aggressively eating into the market share of their government-owned big rivals, as shippers and ocean carriers frustrated with growing delays at some of the leading public port complexes, including Jawaharlal Nehru Port Trust, look for alternative port options, according to an analysis of port statistics obtained by JOC.com.
26 Jun 2015
Kattupalli International Container Terminal, an emerging alternative gateway on India’s southeastern coast, last week celebrated the first ship call of the SCI Middle East India Liner Express, or SMILE, an intra-regional service by state-owned carrier Shipping Corporation of India.
25 Jun 2015
In a significant infrastructure investment push, the government of India has approved new cost estimates for its long-planned eastern and western dedicated freight corridor projects, designed to upgrade intermodal connectivity between hinterlands and gateway ports in the country.
24 Jun 2015
Shreyas Shipping and Logistics on Wednesday said it signed an agreement to buy the Hub Gallardo, a container ship with a capacity of approximately 700 20-foot-equivalent units, the Indian short-sea ship operator’s second acquisition this month.
23 Jun 2015
Container trailer groups in the Nhava Sheva port complex issued a trade notice suspending drayage operations to and from APM Terminals-run Gateway Terminals India, effective Tuesday, sparking another round of congestion woes for shippers and carriers using India’s largest box gateway, also known as Jawaharlal Nehru Port Trust.
22 Jun 2015
An Indian-flagged cargo vessel carrying containers sank in the early morning hours of Monday about 40 nautical miles off the Mumbai coast, according to Indian maritime agencies.
18 Jun 2015
Intra-regional feeder carrier Shreyas Shipping and Logistics is adding more vessels to its fleet, eyeing the prospect of accelerating its growth through coastal shipping operations in India.
17 Jun 2015
Mediterranean Shipping Company will add a direct call at Hazira, India, to its IPAK service in order to enhance direct connections between India, North Europe and the Mediterranean, effective in early July.
16 Jun 2015
India’s merchandise exports fell for the sixth consecutive month in May, the longest streak of declines since 2009, even as the Narendra Modi-led government rolled out a spate of schemes to stimulate manufacturing output and spur domestic demand.
15 Jun 2015
India’s Jawaharlal Nehru Port Trust and Peel Ports, owner of the port of Liverpool in the United Kingdom, have signed a memorandum of understanding to facilitate long-term, strategic cooperation.