Kochi port handles record cargo in Dec.
The Cochin Port Trust handled a record 3.20 million tonnes of cargo in December 2020, a monthly record volume for it. The volume is a 10.55 per cent growth over December 2019, said Cochin Port Trust chairperson M. Beena, in a message to the employees and officials of the port trust. Container movement too touched a consistent 60,000 TEUs consecutively in the four months leading to December. The surge in the movement of cargo is being looked upon as new shoots in the port business after the plans of 2020 were washed away in the COVID-19 pandemic. The growth in cargo movement is “charting a new growth trajectory. However, we need to find new vistas for revenue generation by optimum utilisation of resources available to us,” the chairperson told the port community. The port has been recovering from the losses, which had affected it for the past decade. But the pandemic and resultant loss in business had pushed the port into the red. But the port was expected to make a recovery by the end of 2021, the chairperson said. There was optimism stemming from the fact that though there was a substantial fall in cargo movement in the first half of the current financial year, there was some recovery in the second half. The port trust was also optimistic that the inauguration of the Kochi-Mangaluru LNG pipeline earlier this month would pave the way for more gas volumes and revenue for the port. Meanwhile, figures from the Indian Ports Association showed that ports across the country suffered owing to the pandemic and its impact on the global economy. The average fall across the major ports in the country is nearly nine per cent for the period. Mumbai suffered a fall of more than 17 per cent and the Momugao traffic fell more than 23 per cent and JNPT traffic was down by over 12 per cent. Haldia Dock Complex, Paradip, Visakhapatnam, and New Mangaluru suffered lesser falls in business.
Vallarpadam terminal to be made storage hub for empty containers
Leveraging the cabotage relaxation, the Cochin Port Trust intends to promote ICTT Vallarpadam as an international storage hub for empty containers. “We are in touch with shipping lines and terminal operators for repositioning their empties to all major ports and has also enhanced the free time of empty storage in the port from 3 to 10 days,” AV Ramana, Port Chairman, said. The availability of sufficient space in Kochi is an added advantage and this could attract empties from ports such as JNPT which lacks enough space for storage. Repositioning of empties is now carried out at Colombo and Jebel Ali Port in the UAE. Besides getting additional revenue, the new business model will ensure Kochi a surge in empty containers that registered a steady rise in the last few years, posting a 29 per cent growth in 2017-18, he told BusinessLine.
ABB to provide distribution and propulsion systems for two new ferries
ABB has signed a contract with Cochin Shipyard to deliver the first-ever integrated power and automation package to an Indian shipowner. The two new 1,200-passenger ferries will be delivered to the Andaman and Nicobar Administration in 2020. These vessels will feature a fully integrated distribution and propulsion system, enabled by the ABB Ability System 800xA automation onboard. ABB’s supply includes generators, main switchboards, transformers, the power management and propulsion control systems, propulsion motors and drives, as well as the integrated alarm, monitoring and control system (IAMCS). The ferries will be operated by Shipping Corporation of India (SCI) in services connecting mainland India with the Andaman and Nicobar Islands in the Bay of Bengal. “These ferries will play a significant part in meeting the demands of the growing local infrastructure and proving transport links within the Bay of Bengal,” said Shri Madhu Nair, chairman ....Upload News