Jawaharlal Nehru Port Expansion to Commence by April 2025

Indian container cargo set to expand by 8% in FY25 amidst Red Sea crisis

CareEdge Ratings forecasts that Indian container cargo volume will experience an 8% growth, reaching 342 million tonnes (mt) in FY25. They also anticipate the risk of a prolonged Red Sea crisis. In a sectoral report, the agency mentions that the connection of the Dedicated Freight Corridor to Jawaharlal Nehru Port Trust (JNPT) in FY26, coupled with capacity expansions by ports, will likely propel the growth in container volumes in the medium term. According to the report, significant adverse movements in charter rates affecting cargo volumes, as well as vessel additions by shipping lines, will..

CONCOR Commences DPD Rail Movement at JN Port

CONCOR (Container Corporation of India) has launched Direct Port Delivery (DPD) rail movement from Gateway Terminals India (GTI) at Jawaharlal Nehru Port (JN Port). This move signifies a significant step towards streamlining logistics operations and enhancing efficiency in cargo movement.

The commencement of DPD rail movement at JN Port is expected to expedite the clearance and transportation of cargo, reducing dwell time and transaction costs associated with traditional port operations. It aligns with the government's vision of promoting ease of doing business and enhancing trade faci..

JNPT Expansion Promises Decade of Growth

The Jawaharlal Nehru Port Trust (JNPT) expansion project is poised to kick off in 2025, ushering in a promising decade of employment growth and economic development. As one of India's premier maritime hubs, JNPT plays a pivotal role in facilitating trade and commerce, and the expansion project is expected to further enhance its capacity and capabilities to meet the evolving needs of global shipping and logistics.

The expansion of JNPT comes at a crucial juncture as India seeks to bolster its maritime infrastructure and position itself as a leading player in international trade. The pr..

Indian container cargo set to expand by 8% in FY25 amidst Red Sea crisis

CareEdge Ratings forecasts that Indian container cargo volume will experience an 8% growth, reaching 342 million tonnes (mt) in FY25. They also anticipate the risk of a prolonged Red Sea crisis. In a sectoral report, the agency mentions that the connection of the Dedicated Freight Corridor to Jawaharlal Nehru Port Trust (JNPT) in FY26, coupled with capacity expansions by ports, will likely propel the growth in container volumes in the medium term. According to the report, significant adverse movements in charter rates affecting cargo volumes, as well as vessel additions by shipping lines, will..

Nalanda Capital Sells Stake in Great Eastern Shipping

Nalanda Capital has divested a 1.4% stake in Great Eastern Shipping, a prominent player in the ports and shipping industry, for a total sum of Rs. 1.90 billion. This move comes amidst evolving market dynamics and reflects Nalanda Capital's strategic realignment of its investment portfolio.

The sale of shares in Great Eastern Shipping represents a calculated decision by Nalanda Capital to optimise its investment holdings and capitalise on market opportunities. The transaction, valued at Rs. 1.90 billion, underscores the investor's confidence in realising returns while maintaining flexibi..