Container freight rates on the main trades out of India have continued to cool in September as the pace of exports slowed, according to an analysis of market data by Container News.
On the westbound India-Europe trade, average spot rates for loads from West India [Jawaharlal Nehru Port (JNPT)/Nhava Sheva or Mundra Port] to Felixstowe/London Gateway (UK) or Rotterdam in April have decreased to US$4,100 per 20-foot container and US$4,300 per 40-foot container, from US$4,800 and US$5,000,...
Indian importers and exporters are dealing with considerable cargo delays at Mundra Port, which leads the country’s containerised trade.
Local trade sources have raised serious concerns over the congestion plaguing Mundra’s container terminals over the past few weeks.
“The terminals at Mundra now seem to be hugely congested and the pendency (backlog) has increased to levels, which is affecting normal movement of boxes between CFSs [container freight stations] and terminals,” the Container Freight...
https://container-news.com/indias-mundra-port-battles-congestion-amid-growing-box-volumes/
Containerised trade through India’s major and minor private ports saw measurable traction last month, according to exclusive port data obtained by Container News.
Combined volumes hit nearly 1.9 million TEUs in February, up nearly 5% from 1.8 million TEUs in January.
Of this, Adani Group-owned Mundra Port accounted for 635,000 TEUs in February, compared with some 618,000 TEUs in the prior month.
Nhava Sheva Port (JNPA), the busiest public container handler, contributed about 565,000 TEUs, rising...
Mundra Port, the flagship of APSEZ, established another milestone in October by moving 16.1 million metric tonnes (MMT) of cargo, the highest-ever volume handled by any port in India.
Mundra Port is the country’s largest port, with 102 MMT of cargo handled year to date (YTD), representing a 9% year-on-year increase. The port crossed 100 MMT in 210 days, breaking the previous record of 231 days set last year.
Mundra had a double-digit year-on-year increase in containers (+10%) and liquids and gas...
https://container-news.com/mundra-indias-first-port-to-handle-over-16-mmt-in-single-month/
According to the Indian broker, Prevailing Shipping & Logistics India, at least 20 containers have fallen into the water from the 1999-built, Pana-flagged boxship Sea Express, which lost stability during unloading operations at Mundra Port in India.
MV SEA EXPRESS , Panama Flag , Age : 24 years n LOA 143.5 m arrival draft 8.3 m berthed at MICT 12:38 / 07th Jan 2023
Vessel list starboard side of around 70 degrees and 20 units fallen into sea and floating in channel , pic.twitter.com/3Qittr1uy0
—...
https://container-news.com/containers-fall-into-mundra-waters-after-feeder-capsizes/
A container vessel lost stability while unloading cargo at India’s Mundra Port over the weekend, briefly disrupting normal operations.
The Panama-flagged, 1999-built arrived at Mundra International Container Terminal (MICT) from Jebel Ali on 7 January.
MICT is operated by DP World under a concession arrangement with the Mundra port owner Adani Group (APSEZ).
As a consequence of the tilting, some containers fell into the sea, according to sources.
“Understand the incident occurred due to an error...
https://container-news.com/box-vessel-tilts-at-indias-mundra-port-due-to-stability-problems/
New exclusive data collected by Container News points to a rebound in box volumes moving via Mundra Port, India’s busiest cargo hub, in November.
According to the latest figures, the four Adani Group-controlled Mundra terminals together handled 438,453 TEUs last month, versus 431,334 TEUs during October.
The private harbour also includes a DP World concession, named Mundra International Container Terminal (MICT), which handled 90,781 TEUs in November, versus 92,908 TEUs in the prior month. That...
https://container-news.com/mundra-port-container-volumes-regain-pace-after-slowing-trends/
New exclusive data collected by Container News indicates a sequential slide in container volumes handled by the Adani Group-operated terminals at Mundra Port.
Combined “Adani Mundra” volumes in October dipped to 431,334 TEUs, from 444,986 TEUs in September and 457,334 TEUs in August.
The four terminals under Adani’s belt are Adani Mundra Container Terminal (AMCT), Adani CMA Mundra Terminal (ACMTPL) — a joint venture with CMA CGM Group, Adani International Container Terminal (AICTPL) — a...
https://container-news.com/adani-box-volumes-at-mundra-dip-amid-transshipment-handling-slowdown/
Mundra Port, India’s busiest container harbour, saw a noticeable fall in container movement last month.
According to exclusive data obtained by Container News, the volume of containers handled at the Adani Group’s flagship port in September declined nearly 6% month on month to 522,483 TEUs, from 554,184 TEUs in August.
Of this, the Adani-controlled terminals contributed 444,986 TEUs, compared with 457,334 TEUs during August. The Mundra complex also includes a DP World-managed concession, known as...
Mundra Port, India’s top container gateway, continues to ramp up its ocean service network reach.
Dubai-based shortsea operator Aladin Express has introduced a second string to its regional operations by connecting Mundra to the Persian Gulf region.
The new service, branded as the Gulf-India Express 2 (GIX2), has the following port rotation: Mundra, King Abdulaziz Port, Khalifa Bin Salman Port, Hamad Port, Jebel Ali and Mundra.
It complements the GIX loop that Aladin Express began in April,...
https://container-news.com/mundra-port-gains-middle-east-regional-connection-amid-growing-volumes/