Marine Port & Services Stocks

According to the Ministry of Ports, Shipping and Waterways (previously known as the Ministry of Shipping), maritime transport handles about 95% of India’s trading by volume and 70% by value. India has 12 major and more than 200 notified minor and intermediate ports. Moreover, six new mega ports are planned in the country under the National Perspective Plan for Sagarmala. The Indian ports and shipping industry plays a crucial role in maintaining growth in the country’s trade and commerce. India is the 16th largest maritime country worldwide, with a coastline of 7,516.6 km.

The Government of India plays an essential role in helping the port sector. For port and harbour construction and maintenance projects, it has permitted Foreign Direct Investment (FDI) of up to 100% under the automatic route. The government also facilitated a 10-year tax holiday to companies that are involved in the development, maintenance, and operation of ports, inland ports and inland waterways.

In 2023, the cargo handling capacity at the 12 main ports in India increased to 1,617 million metric Tons (MMT) from 871 MMT in 2015. In the Union Budget 2023-24, the total allocation for the Ministry of Shipping was US$ 1,813.16 million. The country plans to invest about US$ 82 billion in port projects by 2035.

• Economic indicators: Monitor economic conditions globally and locally, as port activities are closely tied to trade and commerce.
• Government policies: Stay informed about government policies affecting the maritime industry, such as regulations on port development, foreign investments, and environmental considerations.
• Port infrastructure: Assess the quality and capacity of port infrastructure, as well-maintained and efficient ports are vital for successful operations.
• Technological integration: Evaluate ports embracing technology for efficiency, automation, and security, ensuring they stay competitive in the modern shipping landscape.
• Global shipping trends: Stay up-to-date about global shipping trends, such as shifts in trade routes, vessel sizes, and containerisation, as these factors influence port activities.

Investing in marine port stocks via Angel One is easy. Simply follow these steps:

• Log in to your Angel One account.
• Click on the search icon and look for your desired marine port sector stock.
• Now, place your buy order. Simply click on the ‘Buy’ button, enter your desired quantity, and select the order type.
• To complete your transaction, click on the ‘Buy’ button.

If you don’t have a Demat account with Angel One, you can open one for free online within minutes.