Jawaharlal Nehru Port Authority (JNPA), India’s biggest state-owned container gateway and the nation’s second largest container port, handled 1.688145 million twenty-foot equivalent units or TEUs in the April-June quarter, 10.6 percent more than the 1.526284 million TEUs handled during the same period a year ago, the port authority has said.
“JNPA has continued its growth trajectory with significant increase in containers handled during the first quarter,” said Unmesh Wagh, Chairman, JNPA.
“The quarterly performance is a testament to JNPA’s efforts to reduce logistic costs and time by providing efficiency in export-import trade and ease of doing business,” Wagh stated.
In June, JNPA handled 5,67,392 TEUs, posting a 19.11 percent increase over the 4,76,350 TEUs handled a year earlier.
In June, containers evacuated by rail to and from the port rose 17.13 percent to 86,333 TEUs from 73,707 TEUs a year ago.
JNPA has five private container terminals, two of them run by Dubai government-owned D P World Ltd, one each by PSA International Pte Ltd, A P M Terminals Management B.V and a joint venture between J M Baxi Ports & Logistics Ltd and CMA Terminals Holding.
Wagh said that the first quarter has been “fruitful” for the port as it received clearance from the Union Cabinet to build a mega port at Vadhavan in Maharashtra’s Palghar district with an investment of Rs76,220 crores. Vadhavan is key to JNPA’s expansion plans given the constraints in Nhava Sheva where the port is located.
“The planned port at Vadhavan is going to be a game changer for the Indian maritime sector. This project is a catalyst for strengthening economies of scale and transcending the conventional way of port operations in India,” Wagh said.
JNPA is dedicated to strengthening the nation’s economic growth and is at the forefront of the global supply chain. By implementing top-tier mechanisms for conducting business, JNPA ensures excellence and efficiency in India’s maritime sector, Wagh added.
