August 22, 2019: Essar Ports has declared that the higher capacity utilisation at its recently commissioned terminals at Salaya and Vizag, and an increase in third-party cargo were the two key factors that will help it to achieve its target of handling 60 million tonnes (MT) of cargo by March 31, 2020.
The company’s first quarter cargo handling performance has been very strong and brought it closer to achieving its target throughput by the end of the current financial year.
For the quarter ended June 30, 2019, Essar Ports reported an impressive 17.4 percent growth in cargo volumes across its four terminals.
All Essar terminals are focused on bulk and dry bulk cargoes that are primarily used as raw material in core sector industries, like steel and power.
Dry bulk (thermal coal, pet coke, bauxite)
“Our business is on a record growth trajectory with all terminals operating in full swing.
Qatar Airways Cargo has appointed ECS Group as its GSA in the United Arab Emirates.
As of February 21, ECS Group is supervising the management of cargo capacity via its subsidiary Globe Air Cargo.
October 8, 2019: The Indian Ports Association has revealed that the country's top-12 major ports handled 348.44 million tonnes (MT) in the April-September period of the current financial year, recording a marginal 1.48 percent upswing.
The 12 ports had handled 343.37 MT cargo in the corresponding period of the previous financial year.
IPA attributed the 1.48 percent growth to higher handling of coking coal, fertilisers and iron ore.
The 12 major ports include Deendayal (erstwhile Kandla), Mumbai, JNPT, Mormugao, New Mangalore, Cochin, Chennai, Kamarajar (earlier Ennore), VO Chidambaranar, Visakhapatnam, Paradip and Kolkata (including Haldia).
Containers recorded a growth of 5.61 per cent in terms of TEUs (twenty-foot equivalent units).
Figures revealed that Deendayal port handled the highest traffic volume at 61.04 MT during the April-September period, followed by Paradip at 55.55 MT, Visakhapatnam at 34.75, JNPT at 34.41 MT, Kolkata (including Haldia) at 31.64 MT, and Mumbai at 30.10 MT.
For the third quarter ended September 30, revenue was up 50 percent to €834 million.
While capacity increased 18 percent, sales was up 11 percent.Story: Higher yields and more capacity saw Lufthansa Cargo traffic revenue increase 37 percent to €2.4 billion for nine months ended September 30, 2021 from €1.8 billion in January-September 2020.Lufthansa Cargo increased capacity (available cargo tonne-kilometres) by 5 percent compared to the previous year and sales (revenue cargo tonne-kilometres) increased 11 percent to 5.2 billion.
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