17.5 C
Hamburg
Monday, June 2, 2025
Home Port News Chinese ports open up to Nepal (THE HINDU)

Chinese ports open up to Nepal (THE HINDU)

Decision will not affect Vizag port’s business expectations: officials

The decision of China to allow access to four ports on its territory to landlocked Nepal to handle its cargo will not impact Visakhapatnam Port’s expectations to make a good business after it was declared as the second gateway port after Kolkata.

Officials and stevedores feel that as China lacked road and customs infrastructure to ferry import cargo to Nepal the latest initiative by Nepal to reduce dependence on India will not yield the desired results.

Though there is discussion over ifs and buts over the Nepal’s move, several stakeholders say Nepal’s dependence on Kolkata and Visakhapatnam Ports to receive its imported cargo will continue. Sources told The Hindu that Nepal had already requested the Government of India to allow either Deendayal (Kandla) or Mundra in the West Coast as the third gateway port.

Read more on The Hindu.





Latest Posts

Mixed response to Suez Canal discounts

Container lines are mostly not ready to follow CMA CGM in dabbling with a Red Sea return, notwithstanding the Suez Canal Authority's (SCA's) discounts,...

Mersin International Port completes first phase of expansion project

Mersin International Port Management Inc. (MIP), a key gateway terminal in Türkiye and a joint venture between PSA International, IFM, and Akfen, officially completed...

GEODIS unveils low-carbon air freight solution

GEODIS introduces GEODIS AirSmart, an innovative low-carbon air freight service designed to minimize greenhouse gas emissions through optimized performance. The official launch takes place today...

Gemini partners on track for 90% schedule reliability target

In April, global schedule reliability improved by 1.7 percentage points M/M to 58.7%, the highest level recorded since November 2023, according to Danish maritime...

America’s Shipbuilding Crisis: A Strategic Vulnerability in an Era of Global Tension

As the United States navigates an increasingly volatile global landscape, its shipbuilding crisis has emerged not just as an industrial shortfall but as a...
error: Content is protected !!