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๐€๐๐š๐ง๐ข ๐๐จ๐ซ๐ญ๐ฌ ๐€๐œ๐ก๐ข๐ž๐ฏ๐ž ๐๐ž๐ฐ ๐Œ๐ข๐ฅ๐ž๐ฌ๐ญ๐จ๐ง๐ž ๐ฐ๐ข๐ญ๐ก ๐‘๐ž๐œ๐จ๐ซ๐ ๐‚๐š๐ซ ๐‹๐จ๐š๐๐ข๐ง๐  ๐š๐ญ ๐Œ๐ฎ๐ง๐๐ซ๐š ๐๐จ๐ซ๐ญ, ๐’๐ญ๐ซ๐ž๐ง๐ ๐ญ๐ก๐ž๐ง๐ข๐ง๐  ๐ˆ๐ง๐๐ข๐šโ€™๐ฌ ๐€๐ฎ๐ญ๐จ ๐„๐ฑ๐ฉ๐จ๐ซ๐ญ ๐‹๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ

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May 26, 2026 โ€ข 0 Comments
Adani Ports and SEZ achieve a new milestone for record vehicle exports at Mundra Port
Adani Ports and SEZ achieve a new milestone for record vehicle exports at Mundra Port

 

India’s automobile export ecosystem received a major boost as Adani Ports and Special Economic Zone (APSEZ) established a new national benchmark for vehicle exports at Mundra Port. The port successfully loaded 6,548 cars onto the vessel Morning Post, marking the highest-ever single-vessel car loading operation recorded in the country.

The shipment, destined for multiple Latin American markets, underlines the growing scale of India’s automotive manufacturing and export capabilities. It also reinforces Mundra Port’s position as one of the country’s most critical logistics gateways for automobile exports and Roll-on/Roll-off (Ro-Ro) cargo operations.

The achievement reflects APSEZ’s continued investment in integrated port infrastructure, digital logistics systems, and operational efficiency. Industry observers note that handling such a large volume of passenger vehicles on a single vessel requires seamless coordination between shipping lines, terminal operators, transporters, and automotive manufacturers. The record operation demonstrated the efficiency of Mundra Port’s Ro-Ro facilities, advanced yard management, and rapid turnaround capabilities.

This milestone follows a series of operational achievements by APSEZ in recent months. Earlier this year, the company reported record cargo handling volumes and highlighted its ambition to become a global integrated transport utility. APSEZ currently commands a significant share of India’s container and cargo handling market and is targeting one billion tonnes of cargo throughput by 2030.

For India’s automotive sector, the development is strategically important. Faster port handling, improved vessel turnaround times, and reliable export infrastructure are becoming increasingly crucial as Indian automakers expand their footprint across emerging markets in Latin America, Africa, and the Middle East. Mundra Port’s latest achievement signals the rising competitiveness of India’s supply chain and maritime logistics ecosystem in supporting global vehicle exports. 

๐•๐ข๐ฌ๐ข๐ญ: https://cargoconnect.co.in/ for more updates!

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India Ship Leasing and Financing Summit at the GIFT City Club, Gandhinagar
GIFT City to Drive Indiaโ€™s Ambition as Global Ship Leasing and Maritime Finance Hub

India is stepping up efforts to establish itself as a global hub for ship ownership, leasing and maritime finance, with GIFT City in Gujarat emerging as a key platform for developing an integrated maritime financial ecosystem. Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal outlined the governmentโ€™s ambition at the India Ship Leasing and Financing Summit held at GIFT City, Gandhinagar. Organised by the International Financial Services Centres Authority (IFSCA) in collaboration with the Ministry of Ports, Shipping and Waterways, the summit brought together shipowners, lessors, charterers, financiers, policymakers and other maritime stakeholders. Sonowal said the objective is to build a comprehensive ecosystem covering ship ownership, leasing, financing, insurance, brokering and allied services. โ€œThis gathering marks a significant milestone in our collective journey to position India, and particularly GIFT City, as a global maritime hub for a comprehensive maritime value chain ecosystem, encompassing ship leasing, owning, financing, insurance, brokering and other ancillary services,โ€ Sonowal said. Indiaโ€™s ship-leasing ecosystem has already begun expanding. According to the Minister, 38 ship lessors are currently registered in the country, collectively leasing 43 vessels with total leasing capacity exceeding 2.99 million DWT. Of these, 24 vessels fly the Indian flag. Meanwhile, 41 domestic and international banks operating in the International Financial Services Centre (IFSC) have extended nearly USD 60.1 million in funding to ship-leasing entities. Sonowal also highlighted policy reforms designed to improve the competitiveness of Indian shipping. These include exemption from licensing requirements under the Coastal Shipping Act, 2025, for foreign vessels operating on charter and permission for GIFT IFSC-based shipping companies to own foreign-flag vessels. โ€œMore fundamentally, it marks a shift in how we count our fleet, from tonnage that flies our flag to tonnage that we own and control. PM Narendra Modi's dynamic leadership has carried GIFT City from thought to fruition, and it is now poised to be the launchpad for India's next wave of maritime growthโ€ The government is also backing the maritime sector through substantial financial measures. The โ‚น25,000 crore Maritime Development Fund is expected to catalyse investments of up to โ‚น1.5 lakh crore by 2030, while the Shipbuilding Financial Assistance Scheme (SBFAS) 2.0 has a revised outlay of โ‚น24,736 crore, extended to 2036. These initiatives are aimed at strengthening domestic shipbuilding, vessel ownership and the wider maritime ecosystem. The initiatives align with Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047, which seek to expand Indiaโ€™s fleet, strengthen port capacity and coastal shipping, and position the country among the worldโ€™s top five shipbuilding nations. Sonowal also highlighted Indiaโ€™s growing role in ship recycling, with its share of global ship-recycling tonnage rising from 30.1% in 2024 to 35.4% in 2025. ๐’๐ญ๐š๐ฒย ๐“๐ฎ๐ง๐ž๐ย ๐ญ๐จย CARGOCONNECTย ๐Ÿ๐จ๐ซย ๐ฅ๐š๐ญ๐ž๐ฌ๐ญย ๐ฎ๐ฉ๐๐š๐ญ๐ž๐ฌ!

Admin September 15, 2026 0
Chennai Port Seeks Approval for โ‚น17,000 Crore Outer Harbour

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Paradip Port Berths First Capesize Vessel with 16.5-Metre Draft
Paradip Port Achieves Major Milestone, Berths First Capesize Vessel With 16.5-Metre Draft

Paradip Port Authority (PPA) has achieved a significant operational milestone with the successful berthing of MV Mineral Kwangyang, its first-ever Capesize vessel with a 16.5-metre draft, at Western Dock-1 (WD-1). The development marks a major step forward in the portโ€™s deep-draft vessel handling capabilities and reinforces its position as a key maritime gateway for bulk cargo in eastern India. The 292-metre-long and 45-metre-wide vessel arrived carrying 152,702 metric tonnes of coking coal from Hay Point, Australia. Its successful berthing demonstrates Paradip Portโ€™s growing ability to accommodate larger bulk carriers and handle substantial cargo volumes through a single vessel call. The milestone is particularly significant for the portโ€™s logistics and cargo-handling operations, as deeper-draft capabilities allow larger vessels to carry higher volumes, potentially improving economies of scale, cargo evacuation and overall supply chain efficiency. The development also strengthens Paradipโ€™s role in supporting Indiaโ€™s bulk cargo and industrial supply chains, particularly across the eastern region. Susanta Kumar Purohit, IRSEE, Chairperson, Paradip Port Authority, congratulated Team PPA and Team JPPL for their coordinated efforts in executing the landmark operation. The successful berthing underscores the portโ€™s operational preparedness, infrastructure capabilities and focus on safely handling larger vessels. The achievement comes amid a broader infrastructure expansion programme at Paradip. Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal earlier inaugurated seven major infrastructure projects worth โ‚น427.80 crore at PPA, marking the portโ€™s 18.5-metre deep-draft capability and its one-millionth tree milestone. He also witnessed the signing of concession agreements for three mechanisation projects worth โ‚น1,580.36 crore, aimed at strengthening cargo-handling capacity, operational efficiency and reducing vessel turnaround time. Sonowal said: "The expansion of Paradip Port's capacity is not only about strengthening one port; it is about creating a growth multiplier for eastern India. With deeper drafts, modern cargo-handling infrastructure, improved connectivity and greater mechanisation, Paradip is well positioned to drive trade, logistics, industry and employment across the region and contribute to India's emergence as a globally competitive maritime economy," With deeper berthing capability, infrastructure modernisation and increased mechanisation, Paradip Port is positioning itself to handle the next generation of large vessels while supporting higher cargo throughput and more efficient maritime logistics. The latest Capesize berthing therefore represents not only an operational achievement but also another step in strengthening Indiaโ€™s maritime infrastructure and eastern trade gateway. ๐’๐ญ๐š๐ฒย ๐“๐ฎ๐ง๐ž๐ย ๐ญ๐จย CARGOCONNECTย ๐Ÿ๐จ๐ซย ๐ฅ๐š๐ญ๐ž๐ฌ๐ญย ๐ฎ๐ฉ๐๐š๐ญ๐ž๐ฌ!

Admin September 7, 2026 0
Mundra Empty-Container Strike Disrupts EXIM Movement as APSEZ Plans New Yard

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Susanta Kumar Purohit Assumes Additional Charge as Paradip Port Chairperson

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Ningbo-Zhoushan Becomes Worldโ€™s Second-Busiest Container Port
Ningbo-Zhoushan Overtakes Singapore to Become Worldโ€™s Second-Busiest Container Port

Chinaโ€™s Ningbo-Zhoushan Port has overtaken Singapore to become the worldโ€™s second-busiest container port during the first half of 2026, according to the latest container throughput rankings compiled by shipping analyst Alphaliner. The shift marks a notable change in the global port hierarchy, although the margin between the two gateways remains narrow.ย  Ningbo-Zhoushan handledย 22.90 million twenty-foot equivalent units (TEUs)ย between January and June 2026, registering anย 8.8% year-on-year increase. Singapore, meanwhile, processedย 22.74 million TEUs, up 4.7% from the corresponding period last year. The difference of roughly 160,000 TEUs highlights the increasingly competitive race for the second position.ย  Shanghai retained its position as the worldโ€™s busiest container port, handling approximatelyย 28.74 million TEUsย in the first half of 2026, an increase of 6.2% year on year. The latest ranking therefore places two Chinese ports at the top, with Ningbo-Zhoushan moving ahead of Singapore for the first time over a complete six-month reporting period.ย  Jintang Expansion Strengthens Ningbo-Zhoushan Ningbo-Zhoushanโ€™s stronger growth has been supported by capacity expansion and improved international connectivity. The second phase of theย Jintang container hubย was completed in July 2026, bringing all five operational container berths within the expanded development. During the first half of the year, Jintang addedย 17 international shipping routes, while its container volumes increased by 23.4%. The expansion is expected to strengthen the port complexโ€™s ability to accommodate rising cargo demand and serve an expanding network of global trade lanes.ย  The port has experienced significant growth over the past two decades, crossing 20 million TEUs in 2015 and 30 million TEUs in 2021. In 2025, it exceeded 40 million TEUs for the first time, handling 43.87 million TEUs for the full year. Singapore remained ahead in the annual ranking, recording 44.66 million TEUs.ย  Competition Expected to Remain Close Despite Ningbo-Zhoushanโ€™s first-half lead, Singapore remains a formidable competitor. Alphaliner has indicated that Ningbo-Zhoushanโ€™s growth could moderate during the second half of 2026, leaving open the possibility of Singapore reclaiming the second position. For global supply chains, the development underscores how port investments, shipping connectivity, cargo generation and changing trade patterns are reshaping the competitive landscape. With only a small volume separating the two ports, the battle for the worldโ€™s second-busiest container gateway is likely to remain closely watched through the remainder of 2026. ๐’๐ญ๐š๐ฒย ๐“๐ฎ๐ง๐ž๐ย ๐ญ๐จย CARGOCONNECTย ๐Ÿ๐จ๐ซย ๐ฅ๐š๐ญ๐ž๐ฌ๐ญย ๐ฎ๐ฉ๐๐š๐ญ๐ž๐ฌ!

Admin August 31, 2026 0
Vizhinjam Port Begins Full-Scale EXIM Operations, Plans โ‚น16,000 Crore Expansion

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