Updated:
April 20, 2021 22:48 IST
India drafting long-term plan to spur local manufacture of the boxes crucial to global maritime trade
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On the move: Resolving the issue of container shortages has helped goods exports rise, says Mr. Agarwal
| Photo Credit:
RAJU V
India drafting long-term plan to spur local manufacture of the boxes crucial to global maritime trade
The container shortages dogging exporters in recent months have been resolved for now as is reflected in the higher goods exports in March, top commerce ministry officials said on Tuesday. India, they added, has begun drafting a long-term plan with steel producers to make containers domestically.
‘Container shortage at ports has eased’
April 20, 2021
Concor reduces empty haulage rates
Shortage of containers has now eased in the country, said Pawan Agarwal, Special Secretary in the Logistics Division, Ministry of Commerce and Industry, during a press meet on Tuesday.
In March, almost 58 per cent additional (year-on-year) exports has been handled, which is about 17-18 per cent more than the level seen during March 2019 (pre-Covid), according to the Container Shipping Lines Association (India) (CSLA).
During a review with the Federation of Indian Export Organisations (FIEO) and CSLA on April 15, the exporters body said that due to coordinated efforts, the issue of shortage of containers has almost been sorted out, except some shortage of food-grade containers for export of tea, coffee or spices. This is localised to southern ports (Kochi/Tuticorin/Chennai/Mangaluru), which CSLA apprised is a long term issue due to import deficit at these ports.
Rate hikes and new charges show Mundra Port’s ability to dictate terms
April 08, 2021
A container terminal at Mundra Port in Gujarat (file photo) - REUTERS×
However, shipping lines have opposed the hike in marine charges at Mundra
Mundra Port, India’s biggest commercial port by volumes and the flagship of Adani Ports and Special Economic Zone Ltd (APSEZ) is surging ahead year after year, but the hike in rates both on marine as well as rail side from April 1 reflects its ability to dictate terms to users on the back of its growing clout in ports.
APSEZ cranked up the rail handling charges at Mundra by double digits from $85 for a loaded 20-foot container to $110 and from $125 for a loaded 40-foot container to $165.
Container Demand, A Boost For Indian Makers | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Indian Railways expects to carry an extra 10 million tonne cargo extra this fiscal against last fiscal, according to sources.Last year (fiscal 2020), Railways carried 1196.86 million tonne cargo, whic