During the first half of FY22, cargo handled by Kattupalli Port declined 11.2 percent to 3.33 million tonnes (mt)
Adani Ports and Special Economic Zone Ltd (APSEZ) has poached two container shipping services from Centre-owned Chennai Port to its Kattupalli Port located nearby as competition for cargo intensifies in the Chennai cluster.
“We are in the process of shifting two services out from Chennai and we expect growth to happen in Kattupalli,” Karan Adani, Chief Executive Officer, APSEZ told analysts during the second quarter earnings call.
Posted by Reliant on Wednesday, November 17th, 2021 at 11:06 am and is filed under Logistics Today.
Registers 13 percent growth over the same period last year
Southern Railway (SR) had loaded 16.68 million tonnes (MT) of originating freight in the first seven months — April to October — of the current financial year, registering a 13 percent growth over the same period last year’s handling of 14.79 MT. From April to October 2021, the revenue generation from originating freight loading was ₹1,517 crores ( ₹1,199 crores). Besides, the originating freight revenue was 2.61 percent higher than the Board’s target for April-October 2021, says a press release from SR.
The main commodities of freight loading during this year were iron and steel, raw material for steel plants; coal, cement, fertilizer, petroleum products, and containers, says a press release from SR.
Posted by Reliant on Friday, November 5th, 2021 at 12:20 pm and is filed under Logistics Today.
Structural reform designed to help major ports compete with private ports and check diversion of cargo
The Centre owned 11 major port trusts will start afresh under a new law from Wednesday, allowing them to shed decades-old baggage that was an impediment to growth and help them compete with modern, private ports on the back of greater operational freedom including market pricing of services.
The Major Port Authorities Act was passed by Parliament in February and notified in the gazette on February 18, but was waiting for the ministry of ports, shipping and waterways to frame the rules for implementation. The rules have now been finalised and the new law will take effect from November 3, government officials said.
Posted by Reliant on Tuesday, November 2nd, 2021 at 12:37 pm and is filed under Logistics Today.
Service to connect Kandla, Mundra, Cochin, Tuticorin, and Nhava Sheva to Jebel Ali and Hamad
Shipping Corporation of India Ltd(SCI) has started a new container shipping service linking India with West Asian ports such as Jebel Ali and Hamad.
Amar More, chief executive officer of Kale Logistics Solutions, informed that they have received a letter of award from a large cargo marquee airport on the east coast of India for Kale’s air cargo community system after going live at Bangalore International Airport and have signed for both community system as well as handling systems with Adani Airports.
He was talking to STAT Media Group editor Reji John in the latest episode of Logistics Tech Dialogues.
“I don’t have to go after airports for cargo community systems, but it’s the other way around. Because airports have realized that they need to set up these kinds of cargo communities and we are in discussions with about 40 plus airports and ports globally,” he said.
He also noted that Kale is working with seven airport cargo communities on the east coast and three on the west coast of the United States. “The engagements are in progress so I’m not allowed to reveal those names,” he added.
During the first half of FY22, cargo handled by Kattupalli Port declined 11.2 percent to 3.33 million tonnes (mt)
Adani Ports and Special Economic Zone Ltd (APSEZ) has poached two container shipping services from Centre-owned Chennai Port to its Kattupalli Port located nearby as competition for cargo intensifies in the Chennai cluster.
“We are in the process of shifting two services out from Chennai and we expect growth to happen in Kattupalli,” Karan Adani, Chief Executive Officer, APSEZ told analysts during the second quarter earnings call.
Posted by Reliant on Wednesday, November 17th, 2021 at 11:06 am and is filed under Logistics Today.
Registers 13 percent growth over the same period last year
Southern Railway (SR) had loaded 16.68 million tonnes (MT) of originating freight in the first seven months — April to October — of the current financial year, registering a 13 percent growth over the same period last year’s handling of 14.79 MT. From April to October 2021, the revenue generation from originating freight loading was ₹1,517 crores ( ₹1,199 crores). Besides, the originating freight revenue was 2.61 percent higher than the Board’s target for April-October 2021, says a press release from SR.
The main commodities of freight loading during this year were iron and steel, raw material for steel plants; coal, cement, fertilizer, petroleum products, and containers, says a press release from SR.
Posted by Reliant on Friday, November 5th, 2021 at 12:20 pm and is filed under Logistics Today.
Structural reform designed to help major ports compete with private ports and check diversion of cargo
The Centre owned 11 major port trusts will start afresh under a new law from Wednesday, allowing them to shed decades-old baggage that was an impediment to growth and help them compete with modern, private ports on the back of greater operational freedom including market pricing of services.
The Major Port Authorities Act was passed by Parliament in February and notified in the gazette on February 18, but was waiting for the ministry of ports, shipping and waterways to frame the rules for implementation. The rules have now been finalised and the new law will take effect from November 3, government officials said.
Posted by Reliant on Tuesday, November 2nd, 2021 at 12:37 pm and is filed under Logistics Today.
Service to connect Kandla, Mundra, Cochin, Tuticorin, and Nhava Sheva to Jebel Ali and Hamad
Shipping Corporation of India Ltd(SCI) has started a new container shipping service linking India with West Asian ports such as Jebel Ali and Hamad.
Amar More, chief executive officer of Kale Logistics Solutions, informed that they have received a letter of award from a large cargo marquee airport on the east coast of India for Kale’s air cargo community system after going live at Bangalore International Airport and have signed for both community system as well as handling systems with Adani Airports.
He was talking to STAT Media Group editor Reji John in the latest episode of Logistics Tech Dialogues.
“I don’t have to go after airports for cargo community systems, but it’s the other way around. Because airports have realized that they need to set up these kinds of cargo communities and we are in discussions with about 40 plus airports and ports globally,” he said.
He also noted that Kale is working with seven airport cargo communities on the east coast and three on the west coast of the United States. “The engagements are in progress so I’m not allowed to reveal those names,” he added.
During the first half of FY22, cargo handled by Kattupalli Port declined 11.2 percent to 3.33 million tonnes (mt)
Adani Ports and Special Economic Zone Ltd (APSEZ) has poached two container shipping services from Centre-owned Chennai Port to its Kattupalli Port located nearby as competition for cargo intensifies in the Chennai cluster.
“We are in the process of shifting two services out from Chennai and we expect growth to happen in Kattupalli,” Karan Adani, Chief Executive Officer, APSEZ told analysts during the second quarter earnings call.
Posted by Reliant on Wednesday, November 17th, 2021 at 11:06 am and is filed under Logistics Today.
Registers 13 percent growth over the same period last year
Southern Railway (SR) had loaded 16.68 million tonnes (MT) of originating freight in the first seven months — April to October — of the current financial year, registering a 13 percent growth over the same period last year’s handling of 14.79 MT. From April to October 2021, the revenue generation from originating freight loading was ₹1,517 crores ( ₹1,199 crores). Besides, the originating freight revenue was 2.61 percent higher than the Board’s target for April-October 2021, says a press release from SR.
The main commodities of freight loading during this year were iron and steel, raw material for steel plants; coal, cement, fertilizer, petroleum products, and containers, says a press release from SR.
Posted by Reliant on Friday, November 5th, 2021 at 12:20 pm and is filed under Logistics Today.
Structural reform designed to help major ports compete with private ports and check diversion of cargo
The Centre owned 11 major port trusts will start afresh under a new law from Wednesday, allowing them to shed decades-old baggage that was an impediment to growth and help them compete with modern, private ports on the back of greater operational freedom including market pricing of services.
The Major Port Authorities Act was passed by Parliament in February and notified in the gazette on February 18, but was waiting for the ministry of ports, shipping and waterways to frame the rules for implementation. The rules have now been finalised and the new law will take effect from November 3, government officials said.
Posted by Reliant on Tuesday, November 2nd, 2021 at 12:37 pm and is filed under Logistics Today.
Service to connect Kandla, Mundra, Cochin, Tuticorin, and Nhava Sheva to Jebel Ali and Hamad
Shipping Corporation of India Ltd(SCI) has started a new container shipping service linking India with West Asian ports such as Jebel Ali and Hamad.
Amar More, chief executive officer of Kale Logistics Solutions, informed that they have received a letter of award from a large cargo marquee airport on the east coast of India for Kale’s air cargo community system after going live at Bangalore International Airport and have signed for both community system as well as handling systems with Adani Airports.
He was talking to STAT Media Group editor Reji John in the latest episode of Logistics Tech Dialogues.
“I don’t have to go after airports for cargo community systems, but it’s the other way around. Because airports have realized that they need to set up these kinds of cargo communities and we are in discussions with about 40 plus airports and ports globally,” he said.
He also noted that Kale is working with seven airport cargo communities on the east coast and three on the west coast of the United States. “The engagements are in progress so I’m not allowed to reveal those names,” he added.
So many academic goals that we expect you to achieve.