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Business Standard
13-07-2025
- Business
- Business Standard
Kamarajar, Paradip & Deendayal ports to soon accommodate cape-size vessels
Major ports have achieved a draft of 14 metres, while ports like Kamarajar, Paradip and Deendayal are progressing towards 18-metre draft to accommodate large shipping vessels due to policy initiative taken by the government to make India a regional transshipment powerhouse, Shipping Secretary T K Ramachandran said on Sunday. Transshipment has historically remained a missed opportunity for Indian ports, with 75 per cent of India's transshipment cargo routed through foreign hubs like Colombo, Singapore and Port Klang. "Major Ports have achieved a draft of 14 metres, while ports like Kamarajar, Paradip and Deendayal are progressing toward 18-metre draft to accommodate Panamax and cape-size vessels." "The upcoming Vadhavan Port in Maharashtra is being developed as a world -class mega port with a natural draft of 20 metres and a planned container handling capacity of 23 million TEUs, placing it among the top 10 global container ports upon completion," Ramachandran told PTI. A draft refers to the vertical distance between the water line and the bottom of a ship's hull. There are 12 major ports, wholly owned by Government of India and governed by the provisions of the Major Port Authorities Act, 2021. A transshipment port is a kind of transit hub where cargo from one ship is transferred to another ship on the way to its final destination. Mostly transshipment happens to transfer smaller cargoes to bigger mother ships which saves shipment cost and time. Since all the ports in the world are not directly linked, transshipment ports are needed. On the other side, he said the Galathea Bay Transshipment Port(Great Nicobar) is designed as a deep-draft, greenfield port with international standard transhipment capacities, expected to handle over 16 million TEU annually in its final phase. "The Outer Harbour Container Terminal at VO Chidambaranar Port is being developed with a capacity to handle 4 million TEUs containers per year. The Tuna Tekra Terminal at Deendayal Port will be developed with a planned capacity of 2.19 million TEUs annually,"Ramachandran said. According to him, policy initiatives and cost-competitive services are also being implemented to enable these ports handle larger volumes of transshipment and become preferred hubs in the region, reducing dependency on nearby ports for transshipment of Indian cargo. "These initiatives aim to position India as a regional transshipment powerhouse, reduce reliance on foreign ports and capture a larger share of the transshipment," he said.
Business Standard
14-05-2025
- Business
- Business Standard
India's major ports register an impressive annual growth rate of 4.3% in cargo handling for FY25
In FY 2024-25, major ports registered an impressive annual growth rate of 4.3% in cargo handling, increasing from 819 million tonnes in FY 2023-24 to 855 million tonnes in FY 2024-25. This growth highlights the resilience and capacity of Major Ports in accommodating rising trade volumes, the ministry of ports, shipping and waterways showed. The increase in traffic was driven by higher container throughput (10%), fertilizer cargo handling (13%), POL cargo handling (3%), and handling of miscellaneous commodities (31%) compared to the previous fiscal year, according to the statement. There are 12 major ports, wholly owned by the Government of India and governed by the provisions of the Major Port Authorities Act, 2021.
Time of India
13-05-2025
- Business
- Time of India
Cargo handling at major Indian ports rises 4.3% to 855 million tonnes in FY25
NEW DELHI: India's major ports saw a 4.3 per cent increase in cargo handling, reaching 855 million tonnes in Fiscal Year 2024-25. The growth was led by higher volumes in container traffic (up 10%), fertilisers (13%), petroleum, oil and lubricants (POL) (3%), and miscellaneous commodities (31%), as compared to the previous fiscal year. Tired of too many ads? go ad free now The Government of India operates 12 major ports under the Major Port Authorities Act, 2021. These ports include Deendayal Port, Mumbai Port, Jawaharlal Nehru Port, Mormugao Port, New Mangalore Port, Cochin Port, VO Chidambaranar Port, Chennai Port, Kamarajar Port, Visakhapatnam Port, Paradip Port and Syama Prasad Mookerjee Port. In FY 2024-25, the primary commodities handled were Petroleum, Oil, and Lubricants (POL) at 254.5 million tonnes (29.8 per cent), container traffic at 193.5 million tonnes (22.6 per cent), coal at 186.6 million tonnes (21.8 per cent), alongside other cargo types including iron ore, pellets, and fertilisers. Paradip Port Authority (PPA) and Deendayal Port Authority (DPA) achieved a significant milestone by exceeding 150 Million Tonne (MT) cargo handling. Additionally, Jawaharlal Nehru Port Authority (JNPA) achieved a record 7.3 million TEUs, showing 13.5 per cent annual growth. The ports allocated 962 acres for industrial development in FY 2024-25, with projected earnings of Rs 7,565 crore. Lessees are anticipated to invest Rs 68,780 crore on the allocated land. Private sector involvement has significantly increased, with PPP project investments at major ports rising from Rs 1,329 crore in FY 2022-23 to Rs 3,986 crore in FY 2024-25, demonstrating robust investor interest.
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Business Standard
13-05-2025
- Business
- Business Standard
Major ports' cargo rises 4.3% in FY25; Paradip, Deendayal cross 150 MT
India's major ports registered a 4.3 per cent rise in cargo handling to 855 million tonnes in 2024-25, an official statement said on Tuesday. The increase in traffic was driven by higher container throughput (10 per cent), fertiliser cargo handling (13 per cent), POL cargo handling (3 per cent), and handling of miscellaneous commodities (31 per cent) compared to the previous fiscal year, according to the statement. There are 12 major ports, wholly owned by the Government of India and governed by the provisions of the Major Port Authorities Act, 2021. These are Deendayal Port, Mumbai Port, Jawaharlal Nehru Port, Mormugao Port, New Mangalore Port, Cochin Port, VO Chidambaranar Port, Chennai Port, Kamarajar Port, Visakhapatnam Port, Paradip Port and Syama Prasad Mookerjee Port. Among commodities handled at major ports, Petroleum, Oil, and Lubricants (POL)-including crude, petroleum products, and LPG/LNG-led the charts with a volume of 254.5 million tonnes (29.8 per cent), followed by container traffic at 193.5 million tonnes (22.6 per cent), coal at 186.6 million tonnes (21.8 per cent), and other cargo categories such as iron ore, pellets, fertilizers, and more in FY 2024-25. For the first time in the history of major ports, Paradip Port Authority (PPA) and Deendayal Port Authority (DPA) surpassed the 150 Million Tonne (MT) cargo handling mark, reinforcing their status as key hubs of maritime trade and operational excellence, the statement said. Meanwhile, Jawaharlal Nehru Port Authority (JNPA) set a record by handling 7.3 million TEUs (Twenty-foot Equivalent Units), reflecting a 13.5 per cent year-on-year growth, it added. In FY 2024-25, Indian ports collectively allocated 962 acres of land for port-led industrialisation, projected to generate an income of Rs 7,565 crore in FY 2024-25, the statement said. Furthermore, lessees are expected to make an investment of Rs 68,780 crore on the allotted land, reaffirming investor confidence in port-led development, it added. The statement said private sector participation has been instrumental in this transformation, with investments in PPP projects at major ports increasing three-fold, from Rs 1,329 crore in FY 2022-23 to Rs 3,986 crore in FY 2024-25, highlighting strong investor confidence. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
13-05-2025
- Business
- Time of India
Major ports' cargo handling rises 4.3% to 855 MT in FY25; Paradip, Deendayal cross 150 MT
India's major ports registered a 4.3 per cent rise in cargo handling to 855 million tonnes in 2024-25, an official statement said on Tuesday. The increase in traffic was driven by higher container throughput (10 per cent), fertiliser cargo handling (13 per cent), POL cargo handling (3 per cent), and handling of miscellaneous commodities (31 per cent) compared to the previous fiscal year, according to the statement. There are 12 major ports, wholly owned by the Government of India and governed by the provisions of the Major Port Authorities Act, 2021. These are Deendayal Port, Mumbai Port, Jawaharlal Nehru Port, Mormugao Port, New Mangalore Port, Cochin Port, VO Chidambaranar Port, Chennai Port, Kamarajar Port, Visakhapatnam Port, Paradip Port and Syama Prasad Mookerjee Port. Among commodities handled at major ports, Petroleum, Oil, and Lubricants (POL)-including crude, petroleum products, and LPG/LNG-led the charts with a volume of 254.5 million tonnes (29.8 per cent), followed by container traffic at 193.5 million tonnes (22.6 per cent), coal at 186.6 million tonnes (21.8 per cent), and other cargo categories such as iron ore, pellets, fertilizers, and more in FY 2024-25. For the first time in the history of major ports, Paradip Port Authority (PPA) and Deendayal Port Authority (DPA) surpassed the 150 Million Tonne (MT) cargo handling mark, reinforcing their status as key hubs of maritime trade and operational excellence, the statement said. Live Events Meanwhile, Jawaharlal Nehru Port Authority (JNPA) set a record by handling 7.3 million TEUs (Twenty-foot Equivalent Units), reflecting a 13.5 per cent year-on-year growth, it added. In FY 2024-25, Indian ports collectively allocated 962 acres of land for port-led industrialisation, projected to generate an income of Rs 7,565 crore in FY 2024-25, the statement said. Furthermore, lessees are expected to make an investment of Rs 68,780 crore on the allotted land, reaffirming investor confidence in port-led development, it added. The statement said private sector participation has been instrumental in this transformation, with investments in PPP projects at major ports increasing three-fold, from Rs 1,329 crore in FY 2022-23 to Rs 3,986 crore in FY 2024-25, highlighting strong investor confidence.
