Going Deep to Rise High!

LNG Trade Lingers

Boosting Bunkers

Tapping Market for Transhipment

Krishnapatnam Port, in line with its vision, is building world-class infrastructure and restructuring service offerings for being the shipping hub.

McKinsey & Co., in a recent study hinted at a three-pronged approach for ports to tap in transshipment volumes - pick up additional cargo from ports lacking mainline calls for existing services; work with carriers to introduce additional ports of call; and lure carriers to call at Indian ports.

So, the buzzword is transhipment.

The video is also available at:

Coastal Shipping Revs Up Port-based Industries

Please refer Page 22-23 at http://www.krishnapatnamport.com/data/port-newsletter-May%20-2019.pdf

The Ministry of Shipping has been promoting coastal shipping for cost and time-effective transportation of cargo along the Indian coast. The ongoing cement logistics comprising movement of fly ash raw material from APGENCO and TPCIL plants near Krishnapatnam Port to Penna Cements grinding station at the Port and then transportation from a dedicated berth through a dedicated vessel service Penna Suraksha to its packing terminal in Kochi is a classic example of a modal shift to a successful coastal cargo operation. Kochi already has three other bagging terminals of Ambuja, UltraTech and Zuari.

Krishnapatnam Port has been contributing to coastal movement of cement and other cargoes to both east and west coasts of India. According to the Ministry of Shipping, such modal shift in transport of cement from road and rail to sea is a step towards promoting cost-effective and environment-friendly means of transportation as envisaged under the Sagarmala Programme.

Terminal Infrastructure for Container Traffic

                           

  https://www.facebook.com/KPCL09/videos/429219440956313/

Increasing trade is translating into higher demand for containerisation due to their efficiency, says a recent IBEF study. During FY07–17, container traffic rose to 124.58 MMT, implying a CAGR of 5.9 per cent. During FY17, container traffic stood at 124.58 MMT, the study adds. As the growing trade is leading to growing cargo traffic, Navayuga Container Terminal is gearing up to meet the need by adding to its infrastructure, as Krishnapatnam Port's FB link elaborates.

Connectivity is the Key

The 21st ASEAN-India Senior Officials' Meeting (SOM) held in New Delhi from 11-12 April 2019.                                                                                                                         Photo credit: MEA

The recent ASEAN-India SOM discussed strategic partnership and the future course of action. The key point was to deepen maritime cooperation among these nations, apart from strengthening connectivity on several fronts. Impetus is therefore on ensuring seamless movement of passenger, personal and cargo along roads linking India, Myanmar and Thailand.

That the partnership is making good progress along 30 mechanisms in different sectors of ASEAN-India cooperation is a sure sign of better trade relations with the member countries Indonesia, Singapore, Philippines, Malaysia, Brunei, Thailand, Cambodia, Lao PDR, Myanmar and Vietnam. Heartening to know that the Look East Policy is gearing up into action-oriented Act East Policy paving way for a better economic and socio-cultural scenario in the region.

Container volumes march ahead in March

https://www.linkedin.com/feed/update/urn:li:activity:6516673916226895872

Milestone! Way to go! More to come!

Container volumes at major ports in India recorded a growth of 8.84 per cent in terms of tonnage for the just concluded fiscal 2018-19, as per the figures released by the Indian Ports Association. While the overall cargo volumes handled by major ports grew only 2.9 per cent touching 699.04 million tonnes from 679.37 million tonnes in 2017-18, it was coal, fertilizers and containers that kept up the momentum in the month of March.

In line with the container growth, Navayuga Container Terminal reached a remarkable milestone in March, on March 27th to be precise, handling 500K TEUs. The terminal has come a long way from 58,577 TEU five years ago to the present gallop of half a million. With a growing terminal and yard capacity, equipment and reefer infrastructure, NCT is poised to spring more surprises in the years to come!