• 2018 February 18 09:19

    Prime Minister Shri Narendra Modi inaugurates the Fourth Container Terminal of JNPT in Mumbai

    Prime Minister Shri Narendra Modi inaugurated the Fourth Container Terminal (FCT) of Jawaharlal Nehru Port Trust in Mumbai. With this, JNPT will nearly double its container handling capacity. The new FCT will add a capacity of 24 lakh containers per year in Phase-I and after completion of Phase-II in 2022, the capacity of JNPT will be 100 lakh containers per year.

    The Fourth Container Terminal has been developed on Design, Built, Fund, Operate and Transfer (DBFOT) basis for a concession period of 30 years at an estimated cost of Rs. 7915 Crore. The project is being implemented in two Phases. i.e. Phase –I and Phase –II. The indicative cost of the project for Phase – I is Rs 4719 Crore. The foundation stone for the project was laid by Prime Minister Shri Narendra Modi in October 2015, and Phase I has been completed in record time.

    This Terminal will be linked to the dedicated rail freight corridor and will be able to receive about 350 containers per rake. The rail facilities will be the largest in India with the only on-dock Dedicated Freight Corridor (“DFC”) compliant facility in India, capable of handling 1.5km long, 360 Twenty-foot Equivalent Unit (“TEU”) container trains on completion of the DFC. The facility will also have provision for storing 1,600 reefer (refrigerated) containers to handle agricultural and horticulture produce.Thus, the commencement of operations at the 4th terminal offers a great opportunity for the EXIM community to avail of the new facilities.

    Development of world class infrastructure to boost international trade and give impetus to ‘Make in India’ programme has been among the key focus areas of the government. In this regard Jawaharlal Nehru Port Trust is taking every step to be future ready and contribute to Government of India’s vision of port led development under Sagarmala Programme.

    Under Sagarmala, 101 projects worth Rs 2.5 Lakh Crore have been planned in Maharashtra. Out of these, 5 projects have already been completed and 58 projects are under various stages of development. JNPT, under Ministry of Shipping is engaged in creating an enabling environment to encourage trade and the completion of the 4th terminal reinforces the government’s commitment to create a hassle-free business environment for the export-import community.




2018 December 19

18:21 MHI Vestas and ESVAGT enter into another SOV contract
17:35 Alliance of ENGIE, EDPR, Sumitomo Corp. to develop offshore wind projects in Yeu-Noirmoutier and Dieppe-Le Tréport
17:33 Austal USA secures two LCS contract for U.S. Navy
17:25 Eni announces Merakes East Gas discovery in the Indonesian offshore
17:18 ScanOcean to resell Neste’s low-sulfur bunker fuel on the East Coast of Sweden
17:06 Port of Rotterdam Authority makes greener sea-going shipping more accessible
16:48 Dredging on IWW of Russia in 2018 fell by 14.6% Y-o-Y to 22.9 million cbm
16:26 NOVATEK signed Memorandum on Strategic Cooperation with SACE
16:03 Non-containerised cargo shows steady increase at Jebel Ali Port
15:42 V.F. Tanker merges into Volga Shipping Company
15:20 Cargo traffic via IWW of Russia forecasted to fall by 3% to 115 million tonnes in 2019
15:16 ESVAGT and Wind Power LAB developed new service concept improving wind turbine inspections
15:03 Royal Caribbean returns to Port of New Orleans
14:33 Maersk announces new rotation on Asia-Europe network
14:08 Concordia Maritime sells positions in chartered-in Suezmax vessels
13:33 SFL enters into lease financing agreement for 3 x 10,600-teu boxships and delivery of Front Falcon
12:58 Maersk joins the Ship Recycling Transparency Initiative
12:55 7 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on December 18-19
12:23 Damen signs with Gerd Stensen for Stan Tug 1606
12:21 Havyard announces its eight windfarm service vessel
11:56 Simulation exercises to improve port security held in Panama
11:31 Port of Newcastle continues modernization of its bulk terminal
11:09 RF Government gives instructions to address the issue on construction of four gas-powered icebreakers
10:50 Regional workshop to address barriers for effective implementation of MARPOL Annex VI held at REMPEC
10:32 Brent Crude futures price down up 0.20% to $56.37, Light Sweet Crude – up 0.04% to $46.64
10:14 THE Alliance unveils enhanced service network for 2019
09:57 Finnish Transport Safety Agency set to contribute to automation of maritime navigation
09:35 FESCO BoD approved new composition of Executive Board
09:16 Baltic Dry Index is down to 1,395 points

2018 December 18

18:21 Uniper SE and MOL enter into agreement on FSRU project in Germany, and one additional LNG transportation agreement
18:00 Throughput of Chinese ports grew by 4.3% to 8.47 billion tonnes in 11M’18
17:46 Rolls-Royce to deliver advanced ship technology to two more expedition cruise vessels for Mystic Cruises
17:43 Aircraft carrier HMS Queen Elizabeth enters LR class
17:27 SOL adds Finnish port of Pietarsaari/Jakobstad to the Zeebrugge route network
17:04 Finnpilot Pilotage BoD decided for no increase in the pilotage fees for 2019
16:42 GTT bags yet another tank design order for LNGC duo
16:38 PRA starts construction of new plastics recycling facility at the Port of Amsterdam
16:25 Arctia and Meritaito join forces to expand their range of services
16:09 Crowley integrates DFTS management into government solutions group to unify supply chain services
15:42 KN enhances its relations with American LNG giants
15:18 BW Group Limited purchased 137,000 shares
14:53 Icebreakers of FSUE Rosmorport assisted 680 ships in navigation season 2018-2019
14:28 Shell Oman and Port of Duqm ink agreement to develop fuel bunkering facilities
14:11 Golar LNG receives LNTP for an FLNG vessel for Greater Tortue / Ahmeyim Project P1, West Africa
13:47 WEG and Praxis sign MoU to support Damen Saab bid for the Brazilian Navy
13:41 Eni gets approval of the investment plan for Merakes Development Project in Indonesia
13:22 Sovcomflot closes USD 264 million long-term revolving credit facility
12:58 Bunker prices are flat at the Far East ports of Russia (graph)
12:40 Antwerp, Belgium will host the 3rd European Environmental Ports Conference on 12-13 June 2019
12:19 Keppel receives limited notice to proceed for GIMI FLNG
11:57 3 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on December 17-18
11:35 Terna’s MONITA HVDC Project: Nexans reaches key milestone with successful completion of submarine power cable
11:10 Container throughput of port Hong Kong (China) down 5.4% to 17.96 million TEUs in Jan-Nov’18
10:46 Bunker sales at the port of Singapore in 11M’18 down 1.8% Y-o-Y to 45.49 million tonnes
10:23 Maersk announces rate increase for Far East to North Europe trade
10:05 Brent Crude futures price down 1.53% to $58.72, Light Sweet Crude – down 1.61% to $49.39
09:47 Austal export opportunity supported by Australian Government financing
09:31 Rosatom drafted Rules for providing navigational and hydrographic support in NSR waters
09:14 Baltic Dry Index is up to 1,406 points

2018 December 17

18:23 Sembcorp Marine retains its position as Asia’s top cruise ship repair and upgrade solutions provider with newbuilds projects delivered in 2018