Comment / Nicobar: India's long-shot transhipment bet

dreamstime_xs_5219832

Photo 5219832 © Massimo Sala | Dreamstime.com

By Gavin van Marle

04/12/2023

The Indian subcontinent has always been a great place to go elephant watching, and recently there have been excited reports of sightings of a rare breed – the white elephant.

Seen it before

This is represented this week by the utterly bonkers plan outlined by India’s shipping minister Shri Sarbananda Sonowal to build a $5bn container transhipment port in the Nicobar Islands.

I’m going to stick my neck out here – the project is a turkey and it won’t, or at least it shouldn’t, ...

Comment on this article

You must be logged in to post a comment.

Topics

India Nicobar Port Klang Port of Colombo Port of Singapore Tanjung Pelepas Transhipment Tactics Vizhinjam

Most read news

US port strike called off as ILA and USMX reach 'tentative' agreement

$7bn infrastructure project heads list of expansion plans for India's busy ports

Alliance reshuffle will increase box ship shortage as carriers hunt 'buffers'

Three new services and a transpacific focus for Ocean Alliance in 2025

Evergreen staff bonuses soar again, as carrier profits triple

Shipping Australia calls for end to 'disruptive' port strikes

Launch of new tariffs 'a speeding train', be ready, US importers warned

Ripples from 2025 CNY 'may still be rocking the boats in summer'

Global revenues soar, but loss of steam for OOCL's Asia-Europe trade

DSV-Schenker goes lone wolf – the pack hunts for bolt-ons

'Military asset' listing sees Cosco and CCA barred from Pentagon contracts

Air cargo sees flurry of new routes between Europe and Asia

Cosco to play a major role in China's container hub ambitions for Yangpu Port

USEC dispute end comes too late to stop transpacific spot rate climb

Scant room for sustainable growth in aviation, says watchdog T&E

Maersk eyes growing India-US trade and adds Mundra call to MECL1