Cargo handling capacity of ports to rise in 2024

India’s cargo handling capacity at ports is expected to get a fillip from 2024 with commissioning of some facilities at Vizhinjam in Kerala and beginning of work at Vadhavan in Maharashtra. The first stage of the Vizhinjam Port is nearing completion and it will serve as the country’s first mega transhipment container terminal, said officials.

The heaviest of the three is at 1286 MT, making it the single largest ODC ever to be transported via Brahmaputra. The other two ODCs are weighed at 1248 MT and 741.12 MT. All the three ODCs set sail together from Diamond Harbour in Kolkata to NRL jetty through Indo Bangladesh Protocol Route (IBPR), and […]

Adani Group-owned Mundra port in Gujarat has surpassed pre-Cyclone Biparjoy levels of around 4,900 TEUs by handling over 5,300 twenty-foot equivalent units (TEUs) in July 2023. Despite a six-day operational downtime caused by the cyclone, the port posted 4.4% YoY growth in Q1 FY24 in container handling.

The amount is being invested in five projects on the rivers Brahmaputra (NW 2), Barak (NW 16), Dhansiri (NW 31) and Kopili (NW 57) to leverage the waterways for strategic improvement of ties with neighbouring countries.

Tugs, used to pull and push big cargo ships, and guide them into and out of a port, are operated by bunker oil but the port plans to introduce electricity operated green tugboats. Tugboats are also used as standby vessels for safety and emergency requirements.

Adani Group Chairman Gautam Adani held a meeting with visiting Sri Lankan President Ranil Wickremesinghe to discuss multiple projects in the island nation. The discussions included the development of the Colombo Port West Container Terminal (WCT), the industrialist said.

Myanmar is hoping its India-built Sittwe Port will be a game changer in regional connectivity and boost its trade with India. The port, which is part of Kaladan multi-modal transit transport project, was opened on May 9. The project seeks to provide an alternative route for connectivity from India’s eastern coast to the north-eastern states […]

According to a report by CareEdge Ratings, the Indian domestic shipping industry is expected to sustain its performance in the current fiscal year, although there may be some moderation in operating margins. The mid-size tanker and dry bulk segments that dominate the Indian shipping fleet are anticipated to fare well.

The order was challenged by the Container Corporation of India Ltd (CONCOR) before the appellate tribunal, which passed an order on July 14 to stay the NCLT’s decision.

The International Maritime Organisation (IMO) has committed to achieving net-zero emissions by 2050. The goal was agreed upon by all 178 countries who are members of the IMO, with indicative targets of a 20-30% reduction in emissions from 2008 levels by 2030, and a 70-80% reduction by 2040. However, environmental groups have criticised the plan […]