A NEW PERSPECTIVE ON GLOBAL LOGISTICS

Indian port strike deferred...

INDIA: The trade unions representing dockworkers at various major, or public, ports in India reportedly agreed to defer a nationwide indefinite strike scheduled for April 19 until May 12 following preliminary talks with officials from the Ministry of Labor on Monday 17th April.

At the meeting, the chief labor commissioner suggested union representatives have another round of negotiations with officials from the Indian Ports Association (IPA) on April 21 in an attempt to reach a settlement, port sources told JOC.com. The IPA is the umbrella body for all major ports in the country.

An official statement regarding the strike postponement is expected shortly.

The strike notice was jointly issued by a consortium of seven leading national labor federations calling for changes in the Major Ports Authority Bill 2016, which has been fast-tracked by the government in order to attract more private investment and enhance port efficiency. The bill would eventually lead to total privatization of India’s major ports and their roughly 50,000 workers.

If those negotiations fail, it would be the second nationwide stoppage at major ports in two years, and the latest threat comes as India's exports are accelerating thanks to port productivity gains and a gradual pickup in domestic manufacturing output. India's outbound trade jumped 24.5 percent year-over-year to $29.2 billion in March, while total exports during fiscal year 2016 to 2017 through the end of March reached $274.6 billion, up 4.7 percent from the prior year, according to preliminary statistics released by the Ministry Commerce & Industry.

In the meantime, Hapag-Lloyd issued a notice informing customers of the proposed port strike. “The ports that may be affected include Kolkata, Paradip, Visakhapatnam, Chennai, Tuticorin, Cochin, New Mangalore, Mumbai, Jawaharlal Nehru Port Trust, Kandla, and Mormugao,” the German carrier said.

These 12 major ports cumulatively account for roughly 70 percent of India’s total container trade. New port statistics collected by JOC.com show major ports handled 8.45 million 20-foot-equivalent units in fiscal 2016 to 2017, a gain of 3 percent year-over-year. Of that, Jawaharlal Nehru Port Trust (JNPT) contributed 4.5 million teus, its highest-ever annual volume.

For any advide or updates please contact your local Mapcargo representative : 18th April 2017

Indianportstrikedeferred

THERE'S NO END TO OUR EXPERIENCE

MapCargo Ltd. Unit 1A, Westgate One, Staines Road, Bedfont, Middlesex, TW14 8RS