Container traffic at Jawaharlal Nehru Port Trust (JNPT) fell around 6 per cent to 4.7 million TEUs in the just concluded financial year, despite March seeing the highest growth since the port’s inception, impacted by the pandemic-induced lockdown. The container traffic at the country’s premier container port JNPT stood at 5.03 million TEUs (twenty-foot equivalent […]
The country’s second largest oil marketing firm Bharat Petroleum has upgraded its bunkering facility with five jetties that can now pump the oil into ships from the pipelines at the Marine Oil Terminal on the Butcher Island, off the east coast of the port city of Mumbai. BPCL is the largest supplier of bunkering oil with around 60 […]
After already importing 30,000 tonnes of onions and potatoes to mitigate the price rise of these two kitchen staples, the National Agricultural Cooperative Marketing Federation (NAFED) has invited bids from importers for supply of 15,000 tonnes of red onions by 20 November to boost domestic availability and check price rise. The cooperative has asked bidders […]
A day after the Centre banned exports of onions to contain a spike in domestic prices, farmers in the largest onion cultivating state of Maharashtra, held agitations, calling the move “arbitrary”, seeking removal of the ban. Prices of onions at Lasalgaon, Nashik, the country’s biggest onion market in Maharashtra, have doubled to Rs 3,000 per quintal […]
Disruptions caused by COVID-19 and subsequent lockdowns, have caused a big drop in India’s major ports’ cargo handling capacity. According to the apex ports body IPA (Indian Ports Association), the cargo handling of the country’s major ports registered a dip of 16.56 per cent to 245.04 million tonnes between April and August this fiscal. Cargo […]
COVID-19 disruptions and lockdowns caused major ports in India to witness a continued fall in cargo handling. The cargo handling capacity of major ports registered a 18.06 per cent drop to 193.38 million tonnes between April and July this fiscal, according to the Indian Ports Association (IPA). Cargo volumes at these 12 major ports under […]
Iron ore and finished fertilizers shipments have enabled major ports to tide over falling volumes in coal and other miscellaneous cargo. Iron ore shipped through major ports soared 39 per cent between April and January of this financial year. Growth in the finished fertilizers cargo too was robust at 21.55 per cent. Thermal or steam cargo shipments plunged 14.98 per cent […]
India’s state trading arm, MMTC has further contracted 4,000 tonnes of Onions from Turkey which is expected to arrive by mid-January, 2020. This 4,000 tonnes is in addition to the 17,090 tonnes of onions already contracted which includes 6090 tonnes arriving from Egypt and 11,000 tonnes from Turkey. The Department of Consumer Affairs has also […]
The country’s export of oilmeals during October 2019 has been provisionally reported at 105,085 tonnes compared to 233,867 tonnes in October, 2018, a decrease of 55 per cent. As per the data compiled by the Solvent Extractors’ Association of India, the overall export of oilmeals during April to October 2019 is reported at 13,92,564 tonnes […]
