Jawaharlal Nehru Port Trust News

DEME announced it has won several capital and maintenance dredging contracts in India, the Maldives and Malaysia, worth €150 million-300 million combined.At Kakinada port in India, where DEME has frequently been performing dredging works, the newly awarded scope includes deepening of the existing berths, turning circle and the inner- and access channel to a depth of 18 m at the deepest point. Works will kick off in Q1 2024 with hopper dredgers and run until the second half of 2024.On behalf of the Jawaharlal Nehru Port Trust (JNPT) in Mumbai…

Three cranes collapsed at India's largest container port on the outskirts of Mumbai due to strong winds on Wednesday, police and port officials said.Heavy rainfall has hit India's west coast since Monday night, flooding parts of the financial capital. Wind speeds picked up on Wednesday afternoon, officials said.No one was injured when the cranes collapsed at Jawaharlal Nehru Port Trust, Navi Mumbai Police Commissioner Sanjay Kumar said in a Tweet.The port is still assessing the impact of the collapse on the operations, its chairman, Sanjay Sethi, told Reuters.

Singapore's PSA International and Indian container freight operators have warned the Indian government that its order to waive container storage charges during the coronavirus lockdown could lead to port congestion, letters seen by Reuters showed.India's Ministry of Shipping asked ports to allow free storage of containers as part of relief measures to ease pressure on companies hit by logistics restrictions because of India's nationwide lockdown.PSA's local unit in a letter to the government on April 24 said importers might not remove their containers from ports due to free storage…

Indian government has green-lighted a mega container port, to be constructed at a cost of INR655.45bn ($9.2bn) at Vadhavan, around 160 km north-west of Mumbai.The proposal to create the huge port – on a ‘landlord model’ – was cleared at a Union Cabinet meeting chaired by Prime Minister Narendra Modi.The proposed port is set to catapult India among countries boasting the top 10 container ports in the world. At the moment, the largest container port in India is Jawaharlal Nehru Port Trust (JNPT), which sits in the 28th position among the world’s top container ports, with annual throughput of 5.1m teu.A Special Purpose Vehicle will be formed with Mumbai’s JNPT as the lead partner…

Cargotec company Kalmar has been contracted by DP World to supply 15 rubber-tired gantry cranes (RTGs) for the Nhava Sheva International Container Terminal (NSICT) in Mumbai, India.The order includes 24 months of on-site maintenance support, with delivery scheduled to be completed during Q4 2020. NSICT was India’s first public-private partnership project and is part of the country’s largest port, Jawaharlal Nehru Port Trust (JNPT), which handles 40 percent of India’s maritime trade.The Kalmar Classic RTG combines the diesel and electric technology to give fuel savings…

Indian Minister of State for Shipping, Mansukh Mandaviya laid the foundation stone for development of an additional Liquid Cargo Jetty at Jawaharlal Nehru Port Trust (JNPT) in Mumbai.According to a government announcement, the facility will be built at a cost of over INR 309 crore (USD 43 million), the project will cater to the increased demand for handling liquid cargo like edible oil, LPG, molasses and other chemicals.Mandaviya said, “The Prime Minister Narendra Modi has laid focus on port-led development. Keeping this in view, India’s ports are being developed and modernized in line with global best practices.”“There is an increased domestic and industrial demand for liquid commodities like LPG etc in the country, with PM’s plans to reach gas stoves to every home.

The Union government of India (GoI) has concluded the strategic sale of Dredging Corporation of India (DCIL) to a consortium of four ports Vishakapatnam Port Trust, Paradeep Port Trust, Jawaharlal Nehru Port Trust & Deendayal Port Trust.The share purchase agreement was executed between GOI and the four ports on March 08. The government held 73.47 per cent equity stake in the company.Of 73.47 per cent, the Vishakapatnam Port Trust bought 19.47 per cent, Paradeep Port Trust 18 per cent, Jawaharlal Nehru Port Trust 18 per cent and Deendayal Port Trust 18 per cent.Further, the Securities and Exchange Board of India granted exemption to the consortium of ports from making an open offer…

Dubai's DP World has asked an Indian court to halt an investigation into alleged antitrust violations at the country's largest container port in Mumbai, saying the regulator was seeking excessive information, a court document seen by Reuters showed.The Competition Commission of India (CCI) last year said it suspected antitrust violations by DP World and Denmark's A.P. Moller-Maersk at the terminals they operate at state-owned Jawaharlal Nehru Port Trust (JNPT).The CCI's investigation followed a complaint by Singapore's PSA International Pte Ltd, which alleged that Maersk and DP World businesses created barriers to hinder the growth of PSA's terminal by colluding on certain charges they levy at JNPT.In December, a Mumbai high court declined a DP World plea to quash the investigation.

India's largest container port, Jawaharlal Nehru Port Trust (JNPT), has made its way to the top-30 container ports across the globe.JNPT notched up five spots as per the latest Lloyds Report, to be 28th on the list, compared to its previous ranking," Indian shipping ministry said in a statement.This is a validation of all the efforts and strategic initiatives being implemented at JNPT in order to enhance overall port efficiency, it said.Various new processes activated under the 'ease of doing business' initiative have not only helped in overall growth of the port business, but also allowed the EXIM (Export–Import) trade to save time and cost which in turn have accentuated the growth story…

India's antitrust regulator has ordered a probe into alleged anti-competitive practices by Denmark's A.P. Moller-Maersk and Dubai's DP World at the terminals they operate at the country's largest container port in Mumbai, five sources familiar with the matter told Reuters.The decision by the Competition Commission of India (CCI) to investigate follows a complaint by Singapore's PSA International Pte Ltd, which alleged that Maersk and DP World created entry barriers to hinder the growth of PSA's terminal by colluding on certain charges they levy at the state-owned Jawaharlal Nehru Port Trust (JNPT).Handling 66 million tonnes of cargo in the last fiscal year to March, JNPT is critical to India's international trade.

Global port operator DP World said its joint venture (JV) with National Investment and Infrastructure Fund (NIIF)  has won the bid to build a Free Trade Warehousing Zone (FTWZ) at Jawaharlal Nehru Port Trust (JNPT)  Mumbai for USD 78 million."Hindustan Infralog Private Limited (HIPL), a joint venture between DP World (65%) and the NIIF (35%), has won the bid to develop and operate the FTWZ at India’s largest container gateway – JNPT for $78mn," said a press statement from the port operator.HIPL is the recently created investment vehicle between DP World and NIIF to invest up to USD 3 billion in ports, logistics and related sectors across the country.

Bharat Mumbai Container Terminals Private Limited (BMCT) continued to improve connectivity and ease of doing business for JNPT (Jawaharlal Nehru Port Trust) users with its first barge and train volumes last week. A 90-TEU (twenty-foot equivalent unit) block train departed for Mandideep on 13 March 2018, while a second train left for Nagpur on 16 March. Both trains were operated by Container Corporation of India (Concor). On 18 March, there were both barge and rail movements as Shahi Shipping’s “Royal Hugli” barge loaded 75 TEUs at BMCT for the short marine transit to Mumbai Port Trust; while an export train operated by Concor arrived from Boisar, carrying containers for other terminals in JNPT.

India's biggest container port Jawaharlal Nehru Port Trust (JNPT) handled 0.418 million TEUs in January this year, which was highest ever container traffic handled during a month the port and increase of 13 percent over the same month last year. "JNPT’s sustained efforts in creating trade-friendly measures over the last few months is reaping reward with an improvement. With the commencement of operations of fourth terminal, EXIM trade gets an opportunity to use state-of-the-art facilities and avail JNPT port for further increasing the volume of traffic," said a statement fron the company. Among the four terminals, JNPCT handled 0.112 mln TEUs, APM’s shared stood at 0.19 mln TEUs, DP World (comprising NSICT and NSIGT) together handled 0.115 mln TEUs during the month of January 2018.

Jawaharlal Nehru Port Trust (JNPT), handled 3.9 lakh TEUs in the month of November 2017, while recording a growth of 5.76% in container handling for the period Apr-Nov2017 as compared to same period last year. Of the four terminals at JNPT, JNPCT handled 1.18 lakh TEUs, APM Terminal’s total stood at 1.66 lakh TEUs, DP World (comprising NSICT and NSIGT) together handled 1.06 lakh TEUs in the month of November 2017. The Direct Port Delivery initiative under ‘Ease of Doing Business’ has been steadily going up and in the month of November, 34.73% of cargo was cleared through DPD, resulting in significant saving in transaction cost and time. Another important initiative namely Inter terminal movements of TTs - was used by 15,267 trucks, completing 19,279 transactions in November.

Jawaharlal Nehru Port Trust (JNPT) at Mumbai hosted a high-level delegation led by the Prime Minister of Latvia Mr Maris Kucinskis, on 4th November, 2017 . The delegation was on a five day visit to India starting 2nd November, 2017, during which the Latvian PM also met Prime Minister Shri Narendra Modi. The delegation was given a detailed tour of the port to observe various port operations and the implementation of various Ease of Doing Business initiatives. Deputy Chairman of JNPT, Neeraj Bansal also briefed the delegation about the Government’s flagship programme Sagarmala and the opportunities that were expected to emerge as the ports developed into engines of growth.

The Indian Ministry of Shipping has sanctioned Rs 25 Crore (USD 3.84mln) as Grants-in-aid to Jawaharlal Nehru Port Trust and another Rs 50 Crore (USD 7.68mln) to the Government of Karnataka for Karwar Port, for developing their infrastructure, under the Coastal Berth Scheme of its flagship program Sagarmala. The Coastal Berth Scheme aims to provide financial support to ports or state governments for creation of infrastructure for movement of cargo and passenger by sea or national waterways. The admissible financial assistance from Central Government is 50% of the total cost of the project subject to: (i) a maximum of Rs 25 crore for projects relating to construction/up-gradation of coastal berths by Major/Non-Major Ports…

The Jawaharlal Nehru Port Trust (JNPT), India's largest container port, further improved its performance in the first six months of the current financial year by recording a 6.26 per cent growth in container cargo in terms of TEUs (5.57% in terms of tonnage) by handling 2.4 million TEUs as compared to 2.26 million TUEs in the corresponding period of the previous year. Among the four terminals under JNPT, APM Terminal handled 9.90 lakh TEUSs, up 11.6per cent, while DP World too handled higher cargo at 6.25 lakh TEUs as compared to 5.94 lakh TEUs in the comparative period of the last year. JNPCT increased its share modestly at 7.87 lakh TEUs from the last year’s level of 7.80 lakh TEUs. Total liquid cargo handled rose by 12 per cent at 36.03 lakh tonnes as compared to 32.14 lakh tonnes.

The Indian Minister of Shipping Nitin Gadkari will perform the Bhoomi Poojan (Ground breaking ceremony) the Wardha dry port at Sindi (Railway) in Wardha, Maharashtra on 2nd October, 2017. The Dry Port is being developed by the Jawaharlal Nehru Port Trust (JNPT) in a bid to cater effective logistics services to the industries in Vidarbha region and improve cargo throughput at the Port. The proposed Wardha Dry Port is to be constructed over an area of 350 acres in phased development with a total estimated investment of Rs 500 Crore. The Phase-I would involve development of around 25 Ha of the total area, with an estimated cost of Rs.180 Crores (including private investment of Rs. 79 Crore). The proposed dry port is estimated to generate traffic of almost 7,000-9,000 TEUs in next 5-7 years.

Dredging works for the deepening and widening of the access channel toward Jawaharlal Nehru Port in Mumbai, India is scheduled to commence in the coming weeks and last for approximately two years. The dredging will enable the country’ largest container handling port, Jawaharlal Nehru Port, to accommodate larger container vessels. Jawaharlal Nehru Port Trust awarded the €250 million (approximately $265 million) dredging contract to Royal Boskalis Westminster N.V. in joint venture with Jan De Nul. For this project a jumbo trailing suction hopper dredger will be deployed in combination with a jumbo cutter suction dredger and a large backhoe. The areas to be dredged include the 35.5 kilometers long access channel and various turning basins and anchorage areas.

To boost port infrastructure, Indian Shipping Minister Nitin Gadkari laid foundation stone of eight connectivity projects worth Rs 1,117.03 crore  (USD 173 mln ) at Jawaharlal Nehru Port Trust (JNPT), Mumbai. The projects include integrated common rail yard facility at JNPT, construction of coastal berth, and restructuring of yard behind shallow water berth, the Ministry of Shipping said in a release. All these projects will enhance connectivity of the hinterland   to JNPT. Port Connectivity is among the four pillars of Ministry of Shipping’s flagship Sagarmala programme. Speaking on the occasion Shri Gadkari said huge investments are expected under the Sagarmala programme, which will lead to better infrastructure and creation of new jobs besides giving  a big push to Indian exports.

The National Cyber Security Coordinator Dr Gulshan Rai visited Jawaharlal Nehru Port Trust (JNPT) to assess the impact of the global cyber attack that has disrupted the operations of one of the container terminals at the port. He, together with Chief Commissioner Customs and Excise, Chairman-JNPT and Inspector General-Cyber Maharashtra held discussions with the officials of GTI Terminal, DP World and officials of JNPT. JNPT handles container traffic through four terminals. One of the Terminal(GTI) is operated by APM Moller Maersk, a Danish company with headquarter at Copenhagen. Two other terminals - NSICT and NSIGT, are operated by DP World and the fourth terminal JNPCT is operated directly by JNPT.

India's largest container port Jawaharlal Nehru Port Trust (JNPT)registered a growth of 5.11 per cent in container traffic in the first quarter of 2017-18. According to a press statement, the JNPT handled 1.20 million TEUs in the first quarter of the current financial year as compared to 1.14 million TEUs in the corresponding quarter of the last financial year. Meanwhile,  Jawaharlal Nehru Port Container Terminal (JNPCT) handled 4.01 lakh TEUs during this period as against 3.99 lakh TEUs in the corresponding quarter of the last year, showing 0.5% growth. The APM terminal handled 4.99 lakh TEUs, up by 14.5 per cent and NSIGT handled 1.34lakh TEUs as compared to 1.17 lakh TEUs last year.

India Ports Global has signed a contract with Aria Banader of Iran to equip and operate two terminals at Chabahar - Shahid -Beheshti Port in Iran for transportation of goods and other purposes. "As per Article 6 of the contract, effort are to be made to commence commercial operations at Chabahar –Shahid- Beheshti Port in Iran within 18 months from the contract activation date or 4 months from the date on which the Lessor hands over the Terminals and the infrastructure facilities to the Lessee in accordance with the terms of the Contract," said a press release from the government. India Ports Global Private Limited (IPGPL) is a joint venture between Jawaharlal Nehru Port Trust (JNPT) and Kandla Port Trust (KPT).