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Indian Ports register positive growth of 4.83%
India's 12 major ports witnessed a 4.83 per cent rise in cargo traffic at 461.21 million tonnes (MT) during April-November of the current fiscal, said the government.
These state-run top ports had handled 439.96 MT cargo during the corresponding eight-month period of the last fiscal.
For the period from April- November 2018, Nine Ports Kolkata (incl. Haldia), Paradip, Visakhapatnam, Kamarajar, Chennai, Cochin, New Mangalore, JNPT and Deendayal have registered positive growth in traffic.
The highest growth was registered by Kamarajar Port (20.15%), followed by Cochin (11.73%), Paradip (9.73%), Kolkata [inc. Haldia] (8.52%) and Deendayal( 7.37%) Kamarajar Port growth was mainly due to increase in traffic of Container (19.8%), Other Liquids(16.42%), Thermal & Steam Coal (10.71%) and POL (9.24%) .
During the period April to November 2018, Deendayal Port handled the highest volume of traffic i.e. 77.33 Million tonnes (16.77% share), followed by Paradip with 71.30 Million Tonnes (15.46% share), JNPT with 46.40 Million Tonnes (10.06% share), Visakhapatnam with 43.03 Million Tonnes (9.33% share) and Mumbai with 40.32 Million Tonnes (8.74%). Together, these ports handled around 60.36% of Major Port Traffic.
The Commodity-wise percentage share of POL was maximum i.e. 33.40%, followed by Container (20.71%), Thermal & Steam Coal (15.09%), Other Misc. Cargo (10.64%), Coking & Other Coal (8.13%), Iron Ore & Pellets (5.65%), Other Liquid (4.25%), Finished Fertilizer (1.18%) and Fertilizer Raw Materials (FRM) (0.95%).Posted On:11-Dec-2018
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OSG Extends Nine American Shipping Charter Deals
Overseas Shipholding Group has exercised options to extend its charter agreements with American Shipping Company for nine tankers.
The company informed that charter agreements for five of the vessels were extended for additional three-year terms, commencing from December 2019 and ending in December 2022. Deals for the remaining four vessels were extended for one-year terms commencing from December 2019 and ending in December 2020.Posted On:11-Dec-2018
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NYK to Build Three More LNG Carriers for Mitsubishi
Japanese shipowner NYK Line has signed long-term charter contracts with a subsidiary of Mitsubishi Corporation for three new liquefied natural gas (LNG) carriers.
Ordered from South Korea s Hyundai Samho Heavy Industries, the units would feature a length of 297 meters and a breadth of 46.4 meters.Posted On:11-Dec-2018
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Three Crew Abducted by Abu Sayyaf
Three crew members of an unnamed boat were abducted on December 5, in the vicinity of Lahad Datu, Sabah, by a group of about 20 men believed to be members of the Sulu-based Abu Sayyaf Group. Aby Sayyaf is one of the most violent jihadist groups in the southern Philippines, notorious for kidnappings for ransom.
The men armed with firearms boarded the boat and abducted the crew, ReCAAP said.Posted On:11-Dec-2018
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5,000th Neopanamax Ship Transits Panama Canal
On Monday, the Panama Canal welcomed its 5,000th Neopanamax vessel through the waterway, since opening its expanded locks in 2016.
The milestone was achieved by 13,345 TEU COSCO Faith containership which transited southbound from the Atlantic to the Pacific Ocean.Posted On:11-Dec-2018
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Tufton Oceanic Brings Its Fleet to Ten Units
UK s fund management company Tufton Oceanic Assets Limited has agreed to acquire two product tankers. The company is paying a total of USD 36 million for the duo, which will take its fleet to ten units.Posted On:11-Dec-2018
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Ship Recycling Transparency Initiative s Online Platform Goes Live
The Ship Recycling Transparency Initiative s (SRTI) online platform, a tool for sharing information on ship recycling to drive responsible practice, was launched earlier today.
The platform comes nine months after a group of shipping companies led by Hapag-Lloyd and Maersk, first announced their collective effort to use the market-drivers that transparency brings to make responsible ship recycling the norm.Posted On:11-Dec-2018
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Maersk Unveils New Cargo Protection Solution
Danish shipping giant Maersk is expanding its commercial offering with an extended liability solution, Value Protect, to help protect its customers cargo.
The solution offers an alternative to cargo insurance, increasing the customers chance of receiving full compensation in case of cargo damage in transit, the company explained.Posted On:11-Dec-2018
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HRAS: 40 Seafarers Left Stranded in UAE in Dire Conditions
Forty crew members, of whom 30 Indian nationals, have been stranded at the Port of Sharjah in the UAE for over two years on three separate vessels, all owned by the same shipping company, the Dubai-based Elite Way Marine Services EST.
The crew abandonment was reported to England-based maritime charity organization Human Rights at Sea (HRAS) by Captain Ayyapan Swaminathan, Master of UAE-flagged deck cargo ship M/V Azraqmoiah, who has been left stranded on the vessel for almost two years since the expiration of his contract.Posted On:11-Dec-2018
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Jinhui Shipping Sells One of Its Supramax Oldies
Hong Kong-based shipping company Jinhui Shipping and Transportation has reached a deal to dispose of one of its Supramax vessels.
Under the Memorandum of Agreement, which was signed though the company s subsidiary on December 10, Jinhui Shipping is to sell the bulker for a price of USD 6.9 million.Posted On:11-Dec-2018
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CMA CGM Hires Two More Boxships from GSL
Containership charter owner Global Ship Lease has agreed five-year charters with French liner company CMA CGM for two 2015-built booxships.
The deal involves 6,882 TEU containerships UASC Bubiyan and UASC Yas, and comes on the back of similar charters the company inked with CMA CGM in November for four ships.Posted On:11-Dec-2018
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ISWAN calls on Port of Odessa to reconsider closing seafarer centre
The International Seafarers Welfare and Assistance Network (ISWAN) calls on the Port of Odessa to reconsider its decision to close down its seafarer centre.
The seafarer centre, Odessa Seamen’s Club, closed its doors last week after being required to move by the port authority in Odessa.Posted On:11-Dec-2018
Credits: www.bunkerportsnews.com |
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Short Sea Shipping Focus For Prime Event
Submissions are now being invited for the Southampton 2019 Coastlink Conference, which will focus on the latest developments and future of short sea and feeder container shipping and how they form part of a competitive supply chain.Posted On:11-Dec-2018
Credits: www.bunkerportsnews.com |
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China s Cosco and Abu Dhabi Ports develop Khalifa to support Belt and Road initiative
The CEO of Abu Dhabi Ports said that the company remains "good allies of all countries" as it embarks on an agreement that will see its flagship port become a hub in China s wide-reaching "belt and road" initiative.
Posted On:11-Dec-2018
Credits: www.bunkerportsnews.com |
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Panama Canal Signs Agreement with Port of Itaqui
The Panama Canal signed a Memorandum of Understanding (MOU) with Port of Itaqui, located in the northeastern region of Brazil, to promote the shipment of grains and other cargoes in the commercial route between the north of Brazil through the Panama Canal to destinations located in the Pacific Ocean.
Posted On:11-Dec-2018
Credits: www.bunkerportsnews.com |
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