India’s Port of Mumbai agreed to extend concessions on empty container storage charges for a further period of one year ending September 2010 in response to appeals from port users and the trade. The discounted rates, slated to take effect on Sept. 9,

will apply to containers handled at designated yards and container
freight stations, and not to units stored at the regular docks. The
port authority earlier announced plans to levy lower charges for
container stuffing and de-stuffing, and allow additional free storage
time. The new incentives are aimed at boosting box traffic moving
through the west coast hub that has seen sharp declines in recent
years, particularly since the global economic slowdown. While Mumbai
remains a major gateway for general cargo, having racked up throughput
of 17.4 million tons in the April-July period compared with 17.7
million tons in the same period last fiscal year, its container volume
fell by about 50 percent to 18,903 20-foot equivalent units from 38,422
TEUs.

In fiscal 2008-09 ended March 31, container traffic dropped to 92,000
TEUs from 118,000 TEUs the previous year. In a bid to attract more
containerized cargo, Mumbai is building a $300-million offshore
container terminal through private participation. Expected to be ready
in 2010, the project will enable the port to handle 6,000-TEU vessels
and compete with the neighboring Port of Jawaharlal Nehru, India’s
largest box gateway.

Source: Journal of Commerce

Search to find what you want

• Box Indias traffic on 6 percent

     Container traffic at major ports in India fell 6 percent in the April-October period, the first seven months of fiscal 2009-10, despite a 3.6-percent increase in overall tonnage. The country’s 12 gateway hubs handled 3.9 million 20-foot equivalent units compared with 4.1 million TEUs during the same period the previous fiscal

• VCT cargo turnover by 20%, Q I-III 2009

    Vladivostok Container Terminal cargo turnover decreased by 20% (down to 141,515 TEUs) within 9 months 2009 as compared to the corresponding period of 2008. In September, 2009 Vladivostok container terminal box throughput amounted to 19,177 TEU (- 9.5% as compared to September 2008), stated company’s press-center. Within 9 months, 2009

• Malaysian ports increased container throughput of 10% in 2nd Quarter

     Malaysian ports handled 10 percent more containers in the second quarter of the year compared to the first, reflecting a recovery in both domestic and transhipment cargo, the Business Times reported. Container traffic at the 10 major ports rose to 3.79 million TEUs from 3.44 million in the periods reviewed. Transhipment traffic,

• India Box of traffic on 6 percent

    Container traffic at major ports in India fell 6 percent in the April-October period, the first seven months of fiscal 2009-10, despite a 3.6-percent increase in overall tonnage. The country’s 12 gateway hubs handled 3.9 million 20-foot equivalent units compared with 4.1 million TEUs during the same period the previous

• Nehru Port boxes by 7 percent

    Container throughput at India’s largest container port, Jawaharlal Nehru, fell 7 percent in the April-July period compared with a year ago, amid the continuing slump in the country’s foreign trade. Box traffic during the first four months of fiscal 2009-10 declined to 1.13 million 20-foot equivalent units from 1.4 million TEUs,

• Shanghai port traffic expected to fall 14% in 2009

    Shanghai’s container throughput this year may drop 14 percent from 2008, a government official said yesterday. The city’s container throughput in 2009 will be about 24 million TEUs (twenty foot equivalent units) according to a preliminary estimate by the port authority, lower than last year’s 28 million TEUs, Wang Hongquan,

• Shanghai can be seen falling 14%, in TEUs

     Shanghai’s container throughput this year may drop 14 percent from 2008 to around 24 million TEUs according to preliminary estimates, the Shanghaiy Daily reported. The city’s container traffic is expected to be lower than last year’s 28 million TEUs, Wang Hongquan, vice director of Shanghai Transport and Port Authority, said. Shanghaiy’s

• China port throughput slips 2.6% in October

     China’s ports saw a 2.6 percent year-on-year decrease in container traffic in October, handling 10.78 million TEUs, according to Transport Ministry date, reported All data Processing. Container traffic at sea ports totalled 9.67 million TEUs, slipping 2.7 percent on the year. The port of Shanghai recorded the biggest volume but also the

• NMPT container traffic by 12% in April and August

    New Mangalore Port Trust (NMPT) handled 15.23 million tonnes of cargo during the first five months of the current financial year against 15.09 mt in the corresponding period of the previous fiscal. A press release by Mr S. Gopalakrishna, Traffic Manager of NMPT, said the port witnessed growth in the handling

• Jurong Port is September Throughput

    JURONG Port said yesterday its container throughput in September fell 32.63 per cent to 64,000 twenty-foot equivalent units (TEUs), from 95,000 TEUs a year earlier. But September’s figure was about 8.5 per cent higher than that in August, when the port handled 59,000 TEUs. August’s throughput was down 33 per cent

• Container turnover in FCT, St. Petersburg to 25.4%, 156.000 TEU in January-February

    In the first two months of this year the throughput of the First Container Terminal (FCT, St. Petersburg) amounted to 156.196 TEUs, 25.4% up from the same period a year earlier.

• China harbors October throughput down 2.6% to 10.78 million TEUs

    China’s ports saw a 2.6 percent year-on-year decrease in container traffic in October, handling 10.78 million TEUs, according to Transport Ministry date, reported All data Processing. Container traffic at sea ports totalled 9.67 million TEUs, slipping 2.7 percent on the year. The port of Shanghai recorded the biggest volume but

• Kolkata port througput container up to 34,287 TEUs in July

     Kolkata Dock System (KDS) handled a record 34,287 TEUs of container traffic in July 2009, according to The Economic Times. This is the largest number of container shipments handled in a single month at the Kolkata docks, eclipsing the previous high of 33,219 TEUs in June 2009. Significantly, during April-July, 2009, KDS

• If India container traffic 1.5 percent

    Container traffic moving through India’s major ports fell 1.5 percent during the April-December period, the first nine months of fiscal 2009-10, compared with a year earlier, the Indian Ports Association said in a statement on Wednesday.

• Port Klang container volume down

     Container traffic through Port Klang, the country’s busiest container port, fell by 8.3 per cent last year, as the global economic downturn continues to hurt the country’s exports, Business Times reported. The port handled 7.3 million TEUs, compared with 7.9 million TEUs in 2008. In terms of tonnage handled, traffic through