India

India

31 Aug 2015
Negotiations spearheaded by Indian Finance Minister Arun Jaitley and his other cabinet colleagues to avert a threatened general strike on Wednesday collapsed at the weekend, setting the stage for a big battle between labor unions and government authorities.
13 Aug 2015
Despite significant losses by its container carrying division, a buoyant tanker market coupled with cost-cutting measures to help Shipping Corporation of India post a whopping 230 percent profit increase in the April-June period from a year earlier to Rs. 163.54 crore (approximately $25.5 million).
11 Aug 2015
Workers handling rubber-tired gantry crane operations and their employers at Jawaharlal Nehru Port Trust reached a new contract late Tuesday, ending a week-long strike that shut down APM Terminals’ Gateway Terminals India facility, the largest container terminal in India.
11 Aug 2015
In a sign Jawaharlal Nehru Port Trust users are running out of patience with congestion spurred by the shutdown of APM Terminals-operated Gateway Terminals India, which halted operations August 4 following labor troubles, ship agents representing ocean carriers in JNPT have called on federal government agencies to urgently step in to restore normalcy at the country’s busiest container port.
11 Aug 2015
Allcargo Logistics Ltd., India’s leading international freight forwarder and logistics provider, posted a big jump in net earnings driven by strong gains across multiple segments, especially cargo consolidation, in the first fiscal quarter.
11 Aug 2015
The labor dispute that has shut down Gateway Terminals India at the Jawaharlal Nehru Port Trust port complex in Mumbai has again focused negative attention on a country that has long been plagued by a lack of investment in its logistics infrastructure.
10 Aug 2015
Adani Ports and Special Economic Zone posted a 13 percent increase in net earnings in the first fiscal quarter on the back of strong cargo gains, due in part to Jawaharlal Nehru Port traffic diversions.
10 Aug 2015
Ocean carriers have begun levying surcharges on Jawaharlal Nehru Port Trust cargo to compensate for operational cost increases caused by the prolonged shutdown of APM Terminals-operated Gateway Terminals India, even as JNPT maintains it is taking all the necessary steps to mitigate supply chain disruptions at India’s largest container gateway.
10 Aug 2015
India’s major public ports boosted container volumes by nearly 5 percent in July from a year earlier, helping the ports recover from a year-over-year decline of 1.5 percent in throughput recorded last month, according to the latest provisional port statistics compiled by JOC.com.
07 Aug 2015
All operations at Gateway Terminals India, or APMT Mumbai, continue to be shut down after conciliatory efforts by stakeholders to settle a prolonged labor contract dispute related to rubber-tired gantry crane operations collapsed Friday afternoon, forcing ocean carriers to reroute vessels and causing unprecedented shipping backlogs at the country’s biggest public container port, Jawaharlal Nehru Port Trust.
06 Aug 2015
Gateway Terminals India, the largest container facility in the Jawaharlal Nehru Port Trust, remained closed to all shipping activities for the third consecutive day Thursday due to labor troubles, leaving beleaguered ocean carriers scrambling for alternative berthing options and shippers’ cargo stranded at the country’s busiest container port. Other terminals are also facing congestion on connecting arteries.