Rating agency Icra had last week said that while all cargo segments are vulnerable, container segment is expected to be more adversely impacted.
India has 12 major ports -- Deendayal (erstwhile Kandla), Mumbai, JNPT, Mormugao, New Mangalore, Cochin, Chennai, Kamarajar (earlier Ennore), V. O. Chidambaranar, Visakhapatnam, Paradip and Kolkata (including Haldia). These ports handled nearly 705 million tonnes (MT) cargo in 2019-20.
Noting a drop in export-import (EXIM) cargo due to supply chain disruptions on account of the COVID-19 pandemic, the government last month asked India's all 12 major ports to defer the lease rentals and licence fees-related charges for April, May and June besides waiving rentals in proportion to the cargo drop and not to levy penalties.
The Andaman and Nicobar Islands administration has decided to arrange special ships between Port Blair and Chennai to ferry stranded migrant workers, students, pilgrims and tourists, officials said on Friday.
According to MRAI, more than 2.5 lakh containers have got stuck for clearances at Indian ports on account of the complete lockdown.
The monetary compensation will be extended to direct employees as well as contractual labourers, the ministry of shipping said in a statement. Ministry of Shipping has decided that all the Major Ports may grant compensation ex-gratia in the event of loss of life due to COVID-19 to the dependent members or legal heirs of the port employees, it said.
India’s exports shrank almost 35% in March, the biggest contraction in almost a decade, reflecting the global slowdown made worse by the Covid-19 pandemic. Exporters looking to restart operations are confronted with multiple issues including additional costs due to stringent norms, cash flows and getting labour back to work.
All India Motor Transport Congress is the umbrella body of transporters representing about 95 lakh truckers and entities across the country. There is no respite from the spiralling diesel and petrol prices which is having back-breaking impact on the transport sector as fuel prices are not being reduced and the taxes as well as VAT too are on the higher side.
"We are strictly adhering to precautions to prevent any further spread of COVID-19 while handling cargo at ports and the government has not issued shore passes or daily passes to 55,238 crew and passengers on board 1,715 vessels," an official told. All these crew and passengers were thermal scanned as per the WHO guidelines.
Rising to the occasion to join hands with initiatives set by the Government of India to tackle Covid-19 related logistical concerns, Arshiya Ltd - India's fo...
The APM Terminals Pipavav port is running 24X7 due to the concerted efforts of all the stakeholders that has resulted in the smooth functioning of the port ever since the lockdown was announced in March 2020, it company said and added that the port is taking stringent precautionary measures as per various statutory guidelines to ensure the safety of the employees.
Citing bottlenecks caused in handling EXIM cargo on account of the current manual process, it sought the commerce ministry's intervention for issuing advisory to departments, including customs, and the Indian Banks Association for accepting 'electronically generated trade documentation'.
"With the lockdown extended to May 3, the cumulative loss estimate is as high as Rs 50,000 crores with the highest loss coming from the Aviation Sector, followed by the Roadways, in terms of lost Toll Taxes and Goods wasted on the road due to a sudden lockdown, grinding to a halt fully loaded trucks," ICC said.
The company is currently operating from 65 locations across the country (covering almost every State) and has deployed over 1000 ‘Corona Warriors’ (employees and drivers engaged in the lockdown time) supporting the logistics activities. The execution team is provided with ‘Covid Kavach’ - a protective PPE kit besides fully trained to maintain social distancing norms.
Truckers have increased tariffs by up to 80%, said people aware of the matter. Blue Dart has implemented a 25% emergency situation surcharge (ESS).
In order to provide customers with a solution for their shipping needs during these trying times and to further use our Air Express Logistics service to keep the essential supply chain continuity, Blue Dart Express has reduced its Retail Tariff Prices by 25 per cent. This will be applicable to all local retail customers as well as all MSMEs.
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