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MoS Shipping Shantanu Thakur Reviews Various Projects at JNPA, Interacts With Stakeholders
Mumbai, January 29, 2025: Shri Shantanu Thakur, Union Minister of State for Ports, Shipping, and Waterways, Government of India, visited Jawaharlal Nehru Port Authority - India’s Best Performing Port, on 29 January, 2025. He was welcomed by Shri Unmesh Sharad Wagh, IRS, Chairman, JNPA & CMD, VPPL. Shri Unmesh Sharad Wagh, IRS, Chairman, JNPA and CMD, VPPL, delivered a comprehensive presentation on the progress of Vadhvan Port. He highlighted that the project is advancing ahead of schedule, underscoring the port’s strategic importance in enhancing India’s maritime trade capabilities. The Minister also felicitated Shri Govind Bodke, IAS, District Collector, Palghar, and Shri Balasaheb Patil, IPS, Superintendent of Police, Palghar, for their instrumental contributions in facilitating environmental clearances, conducting public hearings, and laying the foundation stone for VPPL. It was followed by a Memorandum of Understanding (MoU) signing between Yashwantrao Chavan Maharasht...
Ocean Network Express Welcomes The ONE Responsibility to West Africa
On 23 of January 2025, Ocean Network Express (ONE) celebrated a historic milestone with the arrival of their first magenta ONE vessel, ONE Responsibility , in West Africa. This call at Meridian Port Services (MPS), Tema, marks a significant development for both Ghana’s trade services as well as ONE’s growing connections in West Africa and globally. The 2024-built, Hong Kong flagged ONE Responsibility, is fitted with wind deflecting bow shields to improve aerodynamics and reduce fuel consumption, Exhaust Gas Cleaning Systems (EGCS) or “scrubbers” and several other energy saving technologies. The 7,000 TEU vessel made its way from Singapore, to Tema, where it will then join the fleet supporting ONE's growing suite of services connecting Europe and Africa, such as the SRX. where it will then join the fleet of Europe and Africa’s growing services such as the SRX. This is the first call of ONE’s magenta vessels in West Africa, and future vessels will be introduced onto the ...
V.O.Chidambaranar Port Excels in Container Handling
V.O. Chidambaranar Port has showcased exemplary performance in containerized cargo operations, handling 5,81,557 TEUs in the current financial year up to December 2024, representing a growth of 7%, compared to the 5,43,531 TEUs handled during the same period in the previous year. Over the last decade, the Port's container handling has seen a steady rise, increasing from 5,07,735 TEUs in 2013–14 to 7,47,363 TEUs in 2023–24, reflecting its commitment to operational efficiency and capacity enhancement. VOC Port has maintained its position as the top performer among major ports, with an exceptional Average Container Turnaround Time of 19.92 hours up to December 2024 in the ongoing financial year. The Port has also ranked first in both the financial years 2022–23 and 2023–24, reinforcing its leadership in container handling efficiency. In addition, the terminals offer 30 container moves / hour at par with global standards. With a combined capacity of 1.6 Million TEUs per annum, th...
FIEO and Credlix Sign MoU to Empower Indian Exporters with Financial and Logistical Support
The Federation of Indian Export Organisations (FIEO) has partnered with Credlix, a global leader in supply chain financing solutions, through a Memorandum of Understanding (MoU) to enhance the growth of Indian exporters and strengthen their global presence. This collaboration focuses on streamlining international trade by providing exporters with innovative financial solutions, logistical support, and other critical resources. By combining FIEO’s extensive network with Credlix’s expertise in financial services, the partnership aims to address key challenges faced by exporters. Initiatives include workshops, trainings, financing advisory and technological support to raise awareness — a solution that helps businesses scale their operations effectively. Mr Rahul Garg, Founder & CEO, Credlix, stated, “We are proud to collaborate with FIEO to empower Indian exporters on their path to growth and self-reliance. This partnership shows our shared commitment to overcoming key trade chall...
Onne Multipurpose Terminal invests in new cranes, CFS
Jacob Gulmann (sixth from left), OMT CEO, and Abdulrahmon Hussain (eighth from left), Principal Manager representing the Managing Director (MD) of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, led the inauguration. Onne Multipurpose Terminal (OMT), International Container Terminal Services, Inc.’s (ICTSI) operation in Nigeria, has purchased and put into operation two new mobile harbor cranes (MHC) and a container freight station (CFS). These investments underscore OMT’s commitment to improve terminal operations and at the same time support Nigeria’s trade and commerce. The new cranes, valued at over USD25 million, are set to improve OMT’s container handling efficiency, reduce vessel turnaround times, and optimize overall cargo operations. The deployment enables the terminal to meet the growing demand for reliable port services that while aligning with the federal government’s blue economy vision. Meanwhile, the new CFS at Terminal 2 enhances cargo processing and ...