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Mundra Port to increase its cargo capacity

Adani Ports and Special Economic Zone Ltd handled a total of 200 mt in the year to March 2019. Now it aims to invest as much as Rs 57,594 crore, aiming to expand the capacity of India’s biggest commercial port at Mundra, Gujarat. APSEZ has applied for environment and coastal regulation zone (CRZ) clearances to increase the capacity of Mundra by 385 million tons.

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India takes protective measures as severe cyclone is expected to hit

India has evacuated more than 300,000 people along its northeast coastline by boat, bus and train, as a severe cyclone will make landfall on May 3. In fact, many villagers are piling household possessions on to trucks prior to leaving their homes. Authorities have shut operations at two major ports, Paradip and Visakhapatnam, while ships have been ordered to move out to avoid damage.

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India’s shipping numbers are ‘unimpressive’

Currently, India has 43 shipping companies, which own 1,401 vessels, with a total of 12.69 million gross tonnage. However, these numbers are deemed as unimpressive for a country that has a 7,517 km coastline. According to shipping veteran Captain J C Anand, India is low on maritime rankings, as it currently is '15 or 16 among the 20 countries'. He highlighted that even some small maritime nations have more tonnage than India has.

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