A trade lane (or trade route) refers to a specific pathway along which goods are transported between two or more locations, typically across international borders. Trade lanes are established based on the flow of goods and the economic relationships between countries or regions. They encompass both maritime and air routes and play a crucial role in global supply chains by facilitating the movement of goods and fostering international trade.
Transit time refers to the duration it takes for goods or shipments to travel from their origin to their destination. It is a crucial metric in supply chain and logistics management, as it directly impacts delivery schedules, inventory levels, and customer satisfaction. Transit time encompasses the entire journey of a shipment, including transportation, handling, and processing at various checkpoints along the route.
Transloading refers to the process of transferring goods or cargo from one mode of transportation to another, typically from one type of truck or railcar to another, or from rail to truck and vice versa. This logistical practice is often employed to optimize transportation routes, reduce costs, and improve overall efficiency in supply chain operations.
A Transportation Management System (TMS) is a specialized software solution designed to streamline and optimize transportation and logistics operations within supply chains. It provides functionalities to effectively manage and control the movement of goods from origin to destination.
Transportation lead time refers to the duration it takes for goods to be transported from the point of origin to the final destination. It encompasses the time required for transportation activities, including loading, transit, and unloading, across various modes of transport such as road, rail, air, or sea.
A transshipment is the process of transferring goods from one transportation vehicle or vessel to another during their journey from origin to destination. It typically occurs at intermediary points along the supply chain route, where cargo is transferred between different modes of transportation, carriers or vessels.
Twenty-foot Equivalent Unit (TEU) is a standard unit of measurement used in the shipping industry to quantify the cargo-carrying capacity of container vessels. It represents the volume of a standard twenty-foot-long shipping container.
An Ultra Large Container Vessel (ULCV) is a massive container ship used on major trade routes, capable of carrying over 14,000 TEUs.
Vendor Managed Inventory (VMI) is a supply chain management strategy where the supplier or vendor takes responsibility for managing the inventory levels of their products at the customer's or retailer's location. In this arrangement, the vendor monitors the inventory levels based on agreed-upon criteria such as sales data or inventory levels, and initiates replenishment as needed.
Verified Gross Mass (VGM) is a term used in the shipping industry to refer to the total weight of a packed container, including its contents and packaging materials. It is a crucial requirement mandated by the International Maritime Organization (IMO) under the Safety of Life at Sea (SOLAS) convention to enhance safety in maritime transportation.
A floating structure with its own mode of propulsion designed for the transport of cargo and/or passengers. In the Industry Blueprint 1.0 "Vessel" is used synonymously with "Container vessel", hence a vessel with the primary function of transporting containers.
A vessel sharing agreement (VSA) is a cooperative arrangement between shipping companies that allows them to share space and resources on vessels for specific routes.
Vessel bunching refers to the situation where multiple vessels arrive at a port simultaneously or within a short period, leading to congestion and delays. This clustering of vessels can overwhelm port facilities, causing extended wait times for berthing, loading, and unloading operations.
A vessel call sign is a unique identifier assigned to a ship for radio communication purposes. It is used to distinguish the vessel from others in maritime communication systems, including VHF radios and satellite communications.
A vessel omission (sometimes called a port omission) occurs when a scheduled vessel does not call at a planned port during its voyage. This disruption means that the vessel skips the port entirely, which can impact the transportation and delivery schedules of goods.
In cargo shipping, vessel rotation is the planned sequence of port calls that a shipping vessel follows on its route to optimize cargo loading and unloading operations.
The timetable of departure and arrival times for each port call on the rotation of the vessel in question.
A journey by sea from one port or country to another one or, in case of a round trip, to the same port.
Warehouse utilization is a logistics metric that refers to the effective use of available warehouse space for storing goods and inventory.
Order for specific transportation work carried out by a third party provider on behalf of the issuing party.
Logistics yard management refers to the process of overseeing and controlling the movement of trucks, trailers, containers, and other vehicles within a yard or distribution center. This includes tasks such as scheduling, tracking, and coordinating the arrival, departure, and storage of these vehicles.
The Seven Busiest Cargo Ports in India
India’s ports are vital for its trade, handling a wide variety of commodities ranging from oil and minerals to textiles and agricultural products. Despite boasting the world's largest population, none of India's shipping hubs currently rank among the world's busiest ports.
Below are the seven most significant ports in India:
1. Mundra Port (INMUN)
Mundra Port is the country's largest commercial port operated by Adani Ports and Special Economic Zone (APSEZ). It serves as a major hub for both domestic and international trade, with extensive facilities for handling diverse cargo types, including containers, bulk, and liquid goods.
- Location: Mundra Port is situated on the northwest coast of India in the Gulf of Kutch, Gujarat, making it strategically positioned for trade routes to the Middle East, Africa, and Europe.
- Key Commodities: It handles a wide range of commodities, including coal, crude oil, chemicals, fertilizers, agricultural products, and containers, supporting both imports and exports.
- Annual Cargo Volume: 155 million tonnes in 2023 (Statista)
- Annual Container Throughput: 6.5 million TEU in 2022 (Lloyd's List)
2. Nhava Sheva - Jawaharlal Nehru Port (INNSA)
Formerly the busiest container port in India, Jawaharlal Nehru Port serves as a major import and export hub.
- Location: Situated in Mumbai, on the west coast of India along the Arabian Sea, this port is crucial for maritime trade.
- Key Commodities: Electronics, textiles, machinery.
- Annual Cargo Volume: 81.1 million tonnes in 2022 (Indian Ministry of Ports, Shipping and Waterways)
- Annual Container Throughput: 6.3 million TEU in 2023 (India Shipping News)
3. Port of Mumbai (INBOM)
One of the oldest and most important ports in India, the Port of Mumbai is crucial for both cargo handling and passenger traffic, supporting the bustling economy of Mumbai. It primarily handles bulk cargo, with containerized goods being handled nearby at Nhava Sheva.
- Location: Located in Mumbai, Maharashtra, this historic port is situated along the Arabian Sea and is one of the oldest in India.
- Key Commodities: Crude oil, chemicals, grain, textiles.
- Annual Cargo Volume: 67.3 million tonnes in 2023 (Mumbai Port Authority)
- Annual Container Throughput: Primarily used for bulk cargo, with most container traffic being processed through nearby Nhava Sheva
4. Port of Chennai (INMAA)
Formerly known as Madras Port, the Port of Chennai is a major hub for automotive exports and industrial goods. The port links South India to international markets, playing a key role in the country’s manufacturing sector.
- Location: Positioned in Chennai, Tamil Nadu, along the southeastern coast of India on the Bay of Bengal, serving as a gateway to international markets.
- Key Commodities: Automobiles, machinery, textiles, chemicals.
- Annual Cargo Volume: 48.6 million tonnes in 2023 (The Economic Times)
- Annual Container Throughput: 1.6 million TEU in 2022 (The Economic Times)
5. Port of Visakhapatnam (INVTZ)
One of India’s leading ports for bulk cargo, Visakhapatnam is particularly significant in the export of minerals and energy products, making it a key player in the region's economy.
- Location: Located in Visakhapatnam, Andhra Pradesh, on the eastern coast of India along the Bay of Bengal, serving as a major port for bulk cargo.
- Key Commodities: Iron ore, coal, fertilizers, petroleum products.
- Annual Cargo Volume: 81.1 million tonnes in 2023 (The Hindu)
- Annual Container Throughput: Approximately 512,000 TEU in 2022 (Statista)
6. Port of Kolkata (INCCU)
As the oldest operating port in India, the Port of Kolkata is crucial for trade with Nepal, Bhutan, and Bangladesh, supporting regional industries and trade networks.
- Location: Situated in Kolkata, West Bengal, on the eastern bank of the Hooghly River, this port connects inland trade routes to the Bay of Bengal.
- Key Commodities: Jute, tea, steel, chemicals.
- Annual Cargo Volume: 65.7 million tonnes in 2023 (Kolkata Port)
- Annual Container Throughput: 675,904 in 2023 (Kolkata Port)
7. Port of Cochin (INCOK)
Historically known as the “Queen of the Arabian Sea" for its central role in the Indian spice trade, the Port of Cochin (Kochi) serves as a vital maritime hub in India.
- Location: Located in Kochi, Kerala, along the southwestern coast of India, this port is strategically positioned on the Arabian Sea.
- Key Commodities: Spices, tea, rubber, petroleum.
- Annual Cargo Volume: 36.3 million tonnes in 2023 (The Hindu)
- Annual Container Throughput: 735,577 TEU in 2022 (Cochin Port)