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Adani Ports handles a record 100 mmt cargo in just 99 days

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Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest integrated transport utility, has clocked a cargo throughput of 100 MMT in the first 99 days of FY23.

APSEZ hit this record volume on July 8, 2022. The milestone is significant as it demonstrates the rapidly improving efficiency of APSEZ, which needed a year to achieve 100 MMT cargo volume FY2014.

“In 2021, we stated our ambition to emerge as the world’s largest private port company and India’s largest integrated transport utility by 2030,” said Karan Adani, CEO and Whole Time Director of APSEZ.

“When APSEZ’s operations spanned five ports, it took 14 years for the company to achieve 100 MMT of annual cargo throughput. In the following five years and with operations across nine ports, APSEZ doubled cargo throughput to 200 MMT. We then achieved the milestone of 300 MMT in just three years. We are now poised to grow our cargo volumes by 60 per cent to 500 MMT by 2025 and emerge as the world’s largest port operator by 2030.”

The ability of APSEZ to handle 100 MMT cargo volume in less than one-third time when compared to the time taken in 2014 is driven by tech-based innovations to integrate conventional business processes with new age digital technologies. Other major factors that have catalysed APSEZ’s cargo highpoints are improved efficiencies in fleet and fuel management, asset monitoring, mobility, operational intelligence and performance monitoring of the applications.

APSEZ has set itself a target of 500 MMT of cargo throughput by 2025. In pursuit of this goal, the company has consistently raised its cargo throughput year after year. It reached the 100 MMT cargo throughput in 109 days last year. The present growth in cargo is supported by a 12 Y-o-Y jump in June 2022 at 31.88 MMT.

Coal volumes have continued to show a strong recovery of 25 per cent over the previous year. Compared to the previous year, other key segments that have led this monthly surge are crude at 17 per cent and container at 6 per cent. With a monthly growth volume of 21 per cent, Mundra led this record performance followed by Hazira, Kattupalli & Ennore combined, and Dahej.

Business

WhatsApp working on new software that uses Apple Mac Catalyst

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 Meta-owned WhatsApp is working on a new Mac app that uses the Apple Mac Catalyst development environment to make better use of system resources.

According to AppleInsider, WhatsApp currently provides a web-based Electron app for Mac users in addition to its web app via browsers.

Electron and Catalyst are software development frameworks that help developers create desktop apps.

The new app has been in a closed beta for a few months, but now anyone can download the file on macOS Big Sur or later on the WhatsApp website, according to the report.

Following installation, it will display a QR code that users can scan with their iPhone to link their accounts using the WhatsApp iOS app.

The Mac app’s three-panel interface provides access to archived chats, starred messages, phone calls, and settings.

The Catalyst app includes features not available in the Electron version, such as file drag-and-drop and a spell-checker, the report mentioned.

Meanwhile, WhatsApp has reportedly rolled out some new shortcuts for group admins to quickly and easily perform actions for a certain group participant, on iOS.

The new shortcuts simplify interactions with group members as now the platform supports large groups of up to 1,024 participants, reports WABetainfo.

The new update will help group admins quickly manage and communicate with such a large number of participants in private.

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Mumbai: No jumbo block on Western Railway on Sunday

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There will be no jumbo block on Sunday, January 29 over Western Railway’s (WR) Mumbai suburban section, the WR announced today.

Major block to dismantle Gokhale bridge

Earlier last week, the Western Railway had enforced a major 4.5 hour block on the down slow lines from 12.15am to 4.45am on the intervening nights of Jan 19-20 and Jan 20-21 to carry out dismantling work of the Gokhale road overbridge at Andheri.

As a result, a number of local train services were affected.

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Panvel unit of employees of Bank of Maharashtra to join a day strike

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The Panvel unit of employees of the Bank of Maharashtra joined the one-day strike on January 27. All the unions operating in the Bank of Maharashtra have called for a one-day nationwide strike on January 27, 2023, mainly on the issue of adequate recruitment in all the cadres. The bank has eliminated the part-time staff cadre.

In the case of clerks and officers, the bank has not filled vacancies caused by death, retirement, resignations, or promotions, let alone vacancies caused by business growth.

During the last 10 years, banks’ business has grown by 250% while their staff has been reduced by 20%, and thus staff is hard pressed.

According to the union, employees are required to work beyond normal hours on almost all days and report to their duties on their weekly off and holidays. Employees are not able to avail of leave to their credit even for exigencies, and thus they have lost work-life balance.

Due to acute staff shortages, employees are unable to provide efficient customer service, despite their sincere efforts. Employees are working under immense pressure and thus are undergoing physical and mental stress.

The unions have been raising this issue of recruitment individually and collectively, but management is adamant and stubborn; thus, the January 27, 2023, strike has become inevitable.

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