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Strong fiscal year start for India's JNPT with box volume up 12.6pc
INDIA's busiest container gateway Jawaharlal Nehru Port Trust (JNPT) embarked on the new fiscal year with a solid start handling 416,436 TEU in April, up 12.6 per cent from 369, 694 TEU in the same month last year.
The port attributed the strong start to productivity gains from gate automation and other proactive measures rolled out, IHS Media reported.
By terminal, April volumes were as follows: APM Terminals-operated Gateway Terminals India at 168,795 TEU, up 31 per cent year over year from 128,676 TEU, and port-owned Jawaharlal Nehru Container Terminal at 139,953 TEU, up 5 per cent from 133,208 TEU.
Traffic at DP World Nhava Sheva, which includes Nhava Sheva International Container Terminal and Nhava Sheva (India) Gateway Terminal, remained essentially flat, at 107,688 TEU.
"The port has had a congestion-free period in the last many months, which has led to significant improvement in traffic and reduction in transit cost and time," JNPT said in a trade announcement.
The growth trend augurs well for the top port to improve on the 4.5 million TEU record notched last fiscal year, especially as it prepares to open a fourth terminal with capacity to handle 2.4 million TEU annually.
To support anticipated volume increases, the port has lined up an array of state-funded infrastructure improvement projects including an INR2,936 crore (about US$458 million) 27-mile expressway connector and an INR2,029 crore investment in dredging works meant to deepen the port's fairway to 15 metres.
On the productivity front, JNPT's direct port delivery (DPD) procedure has played a big role in reducing cargo dwell time for imports - the amount of time involved from ship arrival to the exit of the cargo from the port, is now down to an average of 1.5 days from a previous level of 9 to 11 days.
DPD should gain further momentum in the coming months with the introduction of an equal tariff regime for train and truck handling at all terminals in the harbour following recent regulatory approvals from the Tariff Authority for Major Ports (TAMP).
JNPT accounts for about 55 per cent of the containers passing through India's 12 major ports and roughly 40 per cent of the country's total container trade.
The port attributed the strong start to productivity gains from gate automation and other proactive measures rolled out, IHS Media reported.
By terminal, April volumes were as follows: APM Terminals-operated Gateway Terminals India at 168,795 TEU, up 31 per cent year over year from 128,676 TEU, and port-owned Jawaharlal Nehru Container Terminal at 139,953 TEU, up 5 per cent from 133,208 TEU.
Traffic at DP World Nhava Sheva, which includes Nhava Sheva International Container Terminal and Nhava Sheva (India) Gateway Terminal, remained essentially flat, at 107,688 TEU.
"The port has had a congestion-free period in the last many months, which has led to significant improvement in traffic and reduction in transit cost and time," JNPT said in a trade announcement.
The growth trend augurs well for the top port to improve on the 4.5 million TEU record notched last fiscal year, especially as it prepares to open a fourth terminal with capacity to handle 2.4 million TEU annually.
To support anticipated volume increases, the port has lined up an array of state-funded infrastructure improvement projects including an INR2,936 crore (about US$458 million) 27-mile expressway connector and an INR2,029 crore investment in dredging works meant to deepen the port's fairway to 15 metres.
On the productivity front, JNPT's direct port delivery (DPD) procedure has played a big role in reducing cargo dwell time for imports - the amount of time involved from ship arrival to the exit of the cargo from the port, is now down to an average of 1.5 days from a previous level of 9 to 11 days.
DPD should gain further momentum in the coming months with the introduction of an equal tariff regime for train and truck handling at all terminals in the harbour following recent regulatory approvals from the Tariff Authority for Major Ports (TAMP).
JNPT accounts for about 55 per cent of the containers passing through India's 12 major ports and roughly 40 per cent of the country's total container trade.
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