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Modernisation & reforms seen driving growth at Major Ports

 

The use of technology for modernisation and reforms for enhancing ease of doing business have been driving and sustaining growth at the country’s Major Ports. The 12 Major Ports together handled 273.96 million tonnes of cargo from April to August 2017 as against 265.31 million tonnes during the corresponding period of the previous year, an overall growth of 3.26 per cent, highlighted a release.

 

Seven ports (Kolkata, Paradip, Chennai, Cochin, New Mangalore, Mumbai and JNPT) registered positive growth in traffic during the period April to August 2017, the release said.

 

Cargo traffic handled at the Major Ports

 

* The highest growth was registered by Cochin Port (19.99 per cent), followed by New Mangalore (13.26 per cent), Paradip (12.57 per cent), Kolkata [incl. Haldia] (11.45 per cent) and JNPT (6.18 per cent).

 

* Cochin Port’s growth was mainly due to increase in POL traffic (27.99 per cent) and containers (12.79 per cent).

 

* At Kolkata Port, overall growth was positive, i.e. 11.45 per cent. Haldia Dock Complex (HDC) registered positive growth of 19.08 per cent, mainly due to increase in iron ore traffic.

 

* During the period April to August 2017, Kandla Port handled the highest volume of traffic, i.e. 43.99 million tonnes (16.06 per cent share), followed by Paradip with 40.37 million tonnes (14.74 per cent share), JNPT with 27.54 million tonnes (10.05 per cent share), Mumbai with 25.84 million tonnes (9.43 per cent share) and Visakhapatnam with 25.45 million tonnes (9.29 per cent share). Together, these five ports handled around 60 per cent of Major Port traffic.

 

* Commodity-wise percentage share of POL was maximum, i.e. 34 per cent, followed by container (20.17 per cent), thermal and steam coal (12.82 per cent), other misc. cargo (12.12 per cent), coking and other coal (7.49 per cent), iron ore and pellets (6.84 per cent), other liquid (4.29 per cent), finished fertiliser (1.17 per cent) and FRM (1.10 per cent).

 

The RFID tagging at gates has been implemented at all ports. This enables seamless entry-exit of trucks and in-port movement to optimise cargo flow, besides enhancing security. Trucks as well as drivers’ entry-exit is recorded using RFID card system, doing away with paperwork and thus reducing human interface. This is one of the steps taken in order to benchmark Major Ports with globally renowned ports, the release pointed out.

 

The Ministry of Shipping has also been proactively undertaking legislative reforms to weed out old obsolete laws and in enhancing connectivity of ports to improve their efficiency under its Sagarmala Programme.

 

With India striving to improve its manufacturing competitiveness with Make in India, the government of India is leaving no stone unturned to make ports the drivers of socio-economic change and aid the long-term growth trajectory of the economy. The resounding success of the IPO of Cochin Shipyard Ltd is one such example of the positive investor sentiment. The issue got oversubscribed 76 times. Recently, the RBI report has also acknowledged higher growth in cargo traffic as well as efficiency gains measured in turnaround time at ports, which is helping in transforming the economy, the release said.

 

Source: Exim News Service - New Delhi, Sept. 12

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