JUPITER SEA & AIR
SERVICES PVT. LTD, EGMORE – CHENNAI, INDIA.
E-MAIL : Robert.sands@jupiterseaair.co.in Mobile : +91 98407 85202
Corporate News
Letter for Monday August 31, 2026
Today’s
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/// Sea Cargo News ///
Kamarajar Port Floats ₹4,288-Crore Tender
Kamarajar Port Limited (KPL) has invited bids for the development of its second container terminal at an estimated project cost of ₹4,288 crore under the public-private partnership (PPP) model, marking a major expansion of container-handling capacity at the port.
The terminal will be developed on a Design,
Build, Finance, Operate and Transfer (DBFOT) basis, with the selected
concessionaire operating the facility for a concession period of 40 years.
The project is intended to cater to rising
export-import (EXIM) and transshipment demand and strengthen Kamarajar Port’s
position as a major container-handling hub on India’s east coast. KPL has
listed the second container terminal project under its active PPP tenders.
The proposed facility will have a total
annual handling capacity of 2 Million TEUs, to be developed in two phases.
Phase I, estimated to cost Rs.2,429 Crores, will provide capacity of 1.1
Million TEUs. Phase II, involving an estimated investment of Rs. 1,858.94
Crore, will add another 0.9 Million TEUs.
The expansion is expected to enable Kamaraja
Port to handle subsequently higher container volumes and strengthen its ability
to serve the growing industrial and manufacturing hinterland around Chennai and
northern Tamil Nadu.
Chennai Port Handles Record 19,300 Vehicles in Monthly Automotive Export Milestone
Chennai Port has marked a significant milestone in India’s automotive export sector, handling 19,300 vehicles for export in a single month through its Ro-Ro gateway.
The achievement was recorded in partnership
with Hyundai Motor India Limited (HMIL), highlighting the role of efficient and
reliable maritime infrastructure in connecting India’s automotive manufacturing
base with global markets.
Chennai Port said the milestone reflects the
strength of the wider automotive and logistics ecosystem and underscores the
importance of future-ready port infrastructure in supporting India’s growing
vehicle exports.
The port congratulated HMIL on the landmark
achievement. It said the partnership would continue to support India’s
automotive export ambitions by enabling faster, more efficient and seamless
movement of vehicles to international markets.
Govt Set to Launch
₹10,000 Crore Container Manufacturing Scheme
The Union government is set to announce a ₹10,000 crore Container Manufacturing Promotion Scheme aimed at creating large-scale container manufacturing capacity in India and reducing dependence on imports, particularly from China.
Under the proposed scheme, eligible
greenfield facilities and brownfield expansions will receive capital
expenditure assistance of 25% of the approved project cost, along with
operating expenditure support of at least $550 (around ₹49,500) per container.
The scheme will run for 13 years from
FY2026-27 to FY2038-39 and will require eligible manufacturers to have a
minimum group capacity of 1 lakh TEUs per annum.
China Freight Rate
Surge Adds to Indian Importers’ Costs
Indian importers are facing a sharp increase in container freight rates from China, adding to cost pressures caused by ongoing disruptions across key shipping routes in and around the Middle East.
Spot rates from Shanghai to Nhava Sheva
(JNPA) have nearly doubled in August, reaching around $3,100 per TEU and $3,300
per 40-foot container, compared with approximately $1,600 and $1,700
respectively a month earlier.
Rates on the China–Chennai trade have also
climbed substantially. Freight from China to Chennai is now around $2,900 per
TEU and $3,100 per 40-foot container, up from roughly $1,600 and $1,800 in
July, representing an increase of about 60%.
CONCOR Commences New Rail Service Connecting Chennai and Mysuru
The Container Corporation of India Ltd. (CONCOR) has commenced a new domestic rail service connecting ICD Tondiarpet (TNPM) in Chennai with MMLP Kadakola in Mysuru, further strengthening its domestic rail logistics network.
The maiden service carried 90 loaded CONCOR
domestic containers from ICD Tondiarpet, Chennai, to MMLP Kadakola, Mysuru.
The new rail service is expected to enhance
connectivity between the two key logistics locations and provide an efficient,
reliable rail-based solution for the movement of domestic cargo. It will also
support seamless cargo movement and offer customers an alternative to road
transportation.
The initiative is part of CONCOR’s efforts to
expand its domestic rail network and promote efficient, integrated and
sustainable logistics solutions across India.
Ningbo-Zhoushan Port
Sets 8,000-TEU Sea-Rail Record Twice
China’s Ningbo-Zhoushan Port has achieved a new milestone in sea-rail intermodal transportation, handling more than 8,000 TEUs on two consecutive days in mid-August.
The port moved 8,574 TEUs on August 14 and a
further 8,172 TEUs on August 15, marking the first time its daily sea-rail
volumes exceeded the 8,000-TEU threshold on consecutive days. The August 14
performance also pushed the port’s single-day sea-rail transaction record above
8,500 TEUs.
The record reflects efforts by
Ningbo-Zhoushan Port to strengthen its multimodal logistics network, improve
cargo collection and distribution efficiency, and expand connections between
the port and inland markets.
ANL Revises Green Wave
Rotation, Skips Three NZ Ports
ANL has revised the port rotation of its Green Wave service in New Zealand, with the vessel set to omit three ports as the carrier works to restore schedule reliability and minimise further delays.
The changes affect calls at Lyttelton, Port
Chalmers and Napier, with the revised rotation designed to help the vessel
recover time after operational disruptions along the New Zealand coast. ANL has
previously implemented similar Green Wave rotation changes to mitigate delays
and maintain schedule integrity.
ANL said schedule adjustments are being made
to manage delays affecting vessel operations and berthing schedules. The
carrier has used changes in port sequence on the Green Wave service to reduce
the impact of disruptions and keep subsequent calls as close as possible to
their planned windows.
/// Air Cargo News ///
IndiGo Launches
Kochi-Sharjah Dedicated Freighter Service
IndiGo has launched a dedicated freighter service connecting Kochi and Sharjah, strengthening air-cargo connectivity between Kerala and the Gulf and creating an additional logistics link for exporters in the region.
The
new service is operated by IndiGo CarGo using an Airbus A321 freighter. It
initially operates once a week, with plans to increase the frequency to three
flights a week as cargo volumes build.
The
direct freighter connection is expected to support ship-ments of seafood, fresh
produce, pharmaceuticals, textiles and garments from Kerala to markets across
the UAE and wider Middle East. A dedicated freighter also provides exporters
with additional capacity for time-sensitive and temperature-sensitive cargo.
Bhogapuram Airport
Eyes Air Cargo Exports of Andhra Tuna to Global Markets
Andhra Pradesh is planning to use the newly operational Alluri Sitarama Raju International Airport at Bhogapuram as a gateway for exporting tuna and other seafood to major overseas markets, including China, Europe and the United States.
The
initiative is part of the state government’s broader plan to develop Bhogapuram
and the Visakhapatnam region into a major air cargo and logistics hub. Andhra
Pradesh is India’s largest seafood-producing state, while the Indian Ocean
region accounts for a significant share of global tuna production.
A
senior Customs official said the state government has asked officials to
prepare a roadmap for starting seafood exports by air from Bhogapuram.
Air India Cargo
Volumes Double on Chennai-Delhi-Frankfurt Corridor
Air India has recorded a sharp increase in cargo volumes on its Chennai-Delhi-Frankfurt corridor, following the launch of India’s new domestic-to-international cargo transshipment framework.
The
proof-of-concept operation, launched on June 20, 2026, has helped Air India
more than double average daily cargo volumes on the route from 2.2 tonnes to
4.5 tonnes within two months.
The
initiative has also significantly improved cargo connectivity through Delhi.
Average cargo connection time at Delhi Airport fell from around 48 hours to
approximately eight hours, while Air India’s Flown-as-Booked performance
improved from 76% to 100%. The airline also reported no cargo loss or damage
during the trial.
Mammoth Delivers First Converted 777-200 Freighter to Jetran
Mammoth Freighters has delivered its first Boeing 777-200LRMF passenger-to-freighter conversion to Texas-based aircraft lessor Jetran, marking a major milestone in the company's widebody freighter programme.
The
aircraft is the first production example of Mammoth’s 777-200LRMF, which
received Federal Aviation Administration (FAA) certification earlier this year.
The certification cleared the converted aircraft for commercial service and
validated its design, engineering and performance.
Jetran
is the launch customer for the 777-200LRMF programme. The lessor has an
agreement to provide five converted freighters to Qatar Airways Cargo, which is
expected to become the aircraft's first end user.
FedEx Opens New
Guangzhou-Sydney Freighter Route
FedEx has launched a new dedicated, non-stop freighter service connecting its Asia-Pacific hub in Guangzhou, China, with Sydney, Australia, strengthening air cargo connectivity between major Asian markets and Australia.
The
new service operates five times a week using Boeing 777 freighter aircraft,
adding dedicated capacity for time-sensitive and high-value shipments moving
into the Australian market.
FedEx
said the new routing can provide up to one day faster transit times for
selected shipments from major Asian markets, with some consignments reaching
Australia in as little as two business days.
The
service connects Australia more directly with Southern China, Hong Kong, Japan,
South Korea, Malaysia, Thailand and the Philippines.
I hope you have enjoyed reading the above
news letter.
Robert Sands
Joint Managing Director
Jupiter Sea & Air Services Pvt Ltd
Casa Blanca, 3rd Floor
11, Casa Major Road, Egmore
Chennai – 600 008. India.
GST Number : 33AAACJ2686E1ZS.
Tel : + 91 44 2819 0171 / 3734 / 4041
Fax : + 91 44 2819 0735
Mobile : + 91 98407 85202
E-mail : robert.sands@jupiterseaair.co.in
Website : www.jupiterseaair.com 1Branches : Chennai, Bangalore,
Mumbai, Coimbatore, Tirupur and Tuticorin.
Associate Offices : New Delhi, Kolkatta, Cochin &
Hyderabad.
Thanks to : Container News, Indian Seatrade, Cargo Forwarder Global & Air Cargo News.
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