Indian Govt Sells Stake in Dredging Corporation
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…
DP World Asks Court to Halt Antitrust Probe at Mumbai Port
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.
Indian Port Enters World’s Top 30 Container Ports List
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…
India to Probe Alleged Antitrust Behavior by Maersk, DP World at Mumbai Port
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.
DP World, NIIF Win Bid at Mumbai's JNPT
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…
Bharat Mumbai Container Terminals Enhances Connectivity
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…
Jawaharlal Nehru Port Trust Reports Highest-Ever Container Traffic
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.
JNPT Records Growth of 5.76% in Container Handling
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…
Latvian Delegation Visits JNPT
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…
India's Coastal Shipping to Get a Boost
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.
JNPT's Cargo Traffic Grows by 6.26%
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.
Work Begins at Wardha Dry Port
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.
Iran's Chabahar Port Signs Pact with India Ports Global
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.
JNPT Registers 5.11% Growth in Container Traffic
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.
India's Largest Container Port Trying to Recover from Cyber Attack
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.
Nitin Gadkari Lays Foundation of USD 173 mln Projects at Mumbai Port
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.
Channel Dredging to Commence in Mumbai
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.
JNPT Gets Radiological Detection Equipment at Exit Gates
The Jawaharlal Nehru Port Trust (JNPT) in Mumbai has become the first major port in the country to install radiological detection equipment (RDE) at all its exit road and rail gates. An official press release said the Marine Department of the port had taken up the project and the work was awarded to the public sector Electronic Corporation of India (ECIL) in 2012 at a total cost of Rs. 23.324 crore. Twenty-eight Vehicle Monitor Systems have been installed at the Road, Rail, Exit Gates.
Port of Antwerp Opens New Training Centre in India
Indian port professionals who follow courses given in Mumbai by APEC, the port of Antwerp training centre, can now benefit from a purpose-built training facility. The new facility was officially opened on Monday this week during the annual Port of Antwerp Mission to India, in the presence of Belgian deputy prime minister Alexander De Croo, port alderman Marc Van Peel, APEC principal Kristof Waterschoot, JNPT chairman Shri Neeraj Bansal and Indian Port Association chairman Shri Sanjay Bhatia.
JNPT Liquid Cargo Terminal Handles Highest Crude Oil
Jawaharlal Nehru Port Trust (JNPT), India’s number one container port, created a major record on November 16, 2016, by loading 80,640 MT of ONGC crude oil on a large vessel ‘MT Desh Bhakta’, which was berthed at LB-01 of BPCL-run Liquid Cargo Terminal. This is the highest quantity of crude oil loaded on a vessel at JNPT which has surpassed the previous highest of 80,489 MT loaded on Tanker vessel ‘MT Ratna Urvi’ in June 2012. ONGC’s crude oil tanker MT Desh Bhakta, which measures LoA of 244.2 meters…
Iranian Delegation visits JNPT
An Iranian delegation headed by Dr. Abbas Akhoundi, Hon. Minister of Road and Urban Development visited JN Port (Jawaharlal Nehru Port) to see the Port facilities and know about the future development plans. Dr. Akhoundi and his delegation were received by Shri Anil Diggikar, Chairman, JNPT, Shri Neeraj Bansal, Dy.Chairman, JNPT and senior Port officials. The delegation was taken around the Port operational area to show the Port infrastructure and facilities. In the meeting the delegation was briefed about the Port traffic performance…
JNPT Now Harnessing Solar Power
India’s largest container port, Jawaharlal Nehru Port Trust (JNPT) will now harness solar energy and reduce its dependency on conventional electricity from the grid. JNPT is installing solar power plant on several rooftops in its township and commercial premises. This green initiative by JNPT is part of its push towards becoming the most sustainable energy generation port organisation in India. Rooftop solar plants allows the use of roof of buildings, an area which is otherwise not usable, for sustainable energy generation also ensuring financial savings.
JNPT Rolls Out Holding Yard Operations in 6 Hectare Land
Jawaharlal Nehru Port Trust (JNPT), India’s No.1 container port, has commenced holding yard operations in a six-hectare land at the Jawaharlal Nehru Port Container Terminal (JNPCT). approach roads to further ease out congestion and streamline the traffic to the terminal. This holding yard, which has been developed within the centralized parking plaza, will be utilized for parking Tractor Trailers (TT) awaiting the final documentation. Commencement of holding yard at JNPCT is already showing results and has reduced the congestion by 90% at the port gate roads.