Jawaharlal Nehru Port Poised to Hit Record Volume

http://www.joc.com/port-news/asian-ports/port-jawaharlal-nehru/jawaharlal-nehru-port-likely-top-previous-teu-high-fiscal-year_20160303.html

Despite slowing global trade and off-and-on labor disruptions as well as other infrastructure woes, Jawaharlal Nehru Port Trust, India’s biggest public container handler, will most likely surpass its annual 2014-15 record throughput of 4.47 million 20-foot-equivalent units in the current fiscal year, which ends March 31, an analysis of the newest port figures collected by JOC.com show.

JNPT’s total containerized exports and imports edged up 0.6 percent in the first 11 fiscal months through the end of February compared to the same period in the previous fiscal year, to 4.1 million TEUs. Throughput during February was up 3 percent year-over-year to 368,957 TEUs, according to the latest figures.

By terminal, APM Terminals-operated Gateway Terminals India, which loads the majority of the containers passing through JNPT, moved 1.71 million TEUs in the 11-month period, down 7 percent from 1.84 million TEUs during April 2014 to February 2015, while its volume during February dropped 5.26 percent from the previous month to 153,928 TEUs.

Nhava Sheva International Container Terminal, DP World’s flagship facility at JNPT, saw traffic plunge 12.3 percent year-over-year during April 2015 to February to 924,186 TEUs, but its container-handling during February picked up dramatically, jumping by 39 percent from the prior month to 72,430 TEUs, reflecting restoration of cargo operations at full speed at the private terminal after a period of industrial unrest, which ended Jan. 23. That growth also may have been thanks to drayage improvements brought on by the introduction of automated gate systems.

Nhava Sheva (India) Gateway Terminal, the Dubai-headquartered group’s new, second facility in the harbor, racked up 164,894 TEUs in the first 11 fiscal months with a total of 73 ship calls. NSIGT, which had been operating to its partial capacity since early last year, was officially inaugurated by DP World Chairman Sultan Ahmed Bin Sulayem during his recent visit to Mumbai.

By contrast, state-owned Jawaharlal Nehru Container Terminal continued its upward march, driven by equipment upgrades and new service additions. The public facility increased its throughput by 10.15 percent year-over-year during April 2015 to February to 1.3 million TEUs, according to the data.

JNPT accounts for roughly 60 percent of the containers handled at India’s 12 major state-owned ports and about 40 percent of the nation’s overall containerized ocean freight. The port administration continues to work on easing supply chain bottlenecks in an effort to stay ahead of anticipated trade growth and cope with rising competition from nearby private terminals, especially Mundra.

The west coast port last month announced a new, simplified “direct port delivery” program for import cargo in order to allow more shippers to use the green-channel facility. In addition, customs authorities at Nhava Sheva have lifted a procedure requiring truckers to present gate-in permits issued electronically in hard copy form for export cargo.