DP World terminal at India's biggest port reopens after protest JOC Nhava Sheva International Container Terminal reopened to partial operations this afternoon after striking employees forced a temporary halt to all shipping activities at the DP World facility by staging blockades at entry gates on Sunday, adding to the trade woes that had already been building at Jawaharlal Nehru Port Trust, India’s busiest, public, container gateway. Shipping sources in JNPT told JOC.com that the private terminal shut down at the beginning of the second shift Sunday. NSICT, one of four container-handling facilities in JNPT, has been troubled by work slowdowns over the past three weeks. The strikers are pushing for wage improvements and better working conditions. “NSICT has been facing protest from a few employees due to certain demands. This industrial unrest has affected our terminal operations further in the past 24 hours, which went beyond our control,” DP Nhava Sheva told.

Gujarat comes out with policy to help Alang ship-breaking industry Economic Times Gujarat government today announced `Ship Recycling Policy-2015' to give a boost to the ship recycling industry at Alang, Asia's biggest ship-breaking yard which is passing through a slump. Chief Minister Anandiben Patel announced the policy. "The state government has decided to implement a new policy for consistent development and uplift of ship recycling industry at Alang where more than 1.50 lakh people get direct or indirect employment," she said in a statement. Finance Minister Saurabh Patel said the state government and Gujarat Maritime Board formulated the policy to promote the industrial activity at Alang. The policy extends utilisation period of ship-breaking plots to 10 years from five years, and provides for resizing, readjustment, realignment of the plots to enable accommodation of bigger vessels in a safe manner. The policy will be reviewed after three years to ensure its practical implementation, he added.

Goods exports decline 14.75% in December to $22.29 bn Business Line Goods exports from India declined for the thirteenth consecutive month in December 2015 falling 14.75 per cent to $22.29 billion, compared to last December, as the turmoil in the Chinese economy and a continued slowdown in the global market shrunk demand. The trade deficit during the month widened to $11.66 billion as imports declined at a lower 3.88 per cent to $33.96 billion. Non-oil imports, in fact, increased in December 2015 by 7.63 per cent to $27.30 billion, with a near trebling of gold imports to $3.80 billion. “The trend of falling exports is in tandem with other major world economies such as the US, the European Union and China where exports have fallen by 10.30 per cent, 10.83 per cent and 6.94 per cent respectively in October 2015,” according to a Commerce Ministry release. Fall in exports in India in December is spread across all major sectors including engineering goods, petroleum products, gems & jewellery,... Logistics Chennai,International Freight Forwarders in Chennai, Custom Clearance Agents in Chennai , Checkout http://www.jupiterseaair.com