OceanX: India Shining + freight rate horror stories = crumbs of comfort
Optimism or realism?
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By Alex Lennane
A thorough examination of the issues facing Jawaharlal Nehru port in Mumbai, by the knowledgeable P Manoj. The need for expansion gets ever-more urgent – but problems ranging from mangroves to complex bidding processes have delayed plans for a new terminal – and now the port wants to split the project in two. Meanwhile, shippers will increasingly require a bigger port – India’s industrial output in March expanded at the fastest pace in five months.
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