JNPT continued to upscale its growth trajectory and closed the financial year ending Mar 2019 handling 5.13 million TEUs, which is a 6.20 per cent growth as compared to the last financial year. Another feather in the cap is that the port has risen to 28th rank among the top 100 container ports globally, as per the latest Lloyds Report and is the only Indian port to feature among the global top-30.
As the number one container port in the country, JNPT has closely aligned its growth strategy to the Sagarmala initiative. Talking about port modernisation and development, Sanjay Sethi, Chairman, JNPT said, "The key projects include the ongoing development of the fourth terminal and the dredging of our navigational channels. The first phase of the fourth terminal is already operational, while the second phase will be completed by 2022."
According to Sethi, once fully operational, the fourth terminal will cumulatively increase port capacity to 10 million TEUs. Meanwhile, the Rs 20 billion project of dredging the port's navigational channels from 14 metre to 15 metre has been completed, which allows larger vessels (up to 12.500 TEUs) to dock at the port. This strategic move was made keeping in mind the global trend of using larger vessels for cargo shipment; so now we are better equipped to handle the new generation vessels.
The other key projects include developing dry ports at Wardha, Sangli, Nashik, and Jalna to connect the hinterlands to the port. These projects are at various stages of development and the cumulative expected project cost would be around Rs 12 billion. JNPT is also developing an "all weather all cargo" satellite port at Vadhvan. In addition to that, "we are also developing an additional coastal berth, where liquid handling capacity of about 2 MTPA will be added," Sethi mentioned. This project is about Rs 1.44 billion and expected to be completed by May 2020. There is also an additional liquid jetty under development, at a cost of Rs 3.09 billion to enhance the liquid cargo capacity by 4.5 MTPA. The tender process is complete and other formalities are in process.
JNPT has introduced strategic initiatives like direct port delivery (DPD) and inter-terminal transfer of TT (ITT) services which help the EXIM community save significant amount of time and overall trade cost, thus enhancing the efficiency of port operations. ôWe have invested in upgrading our infrastructure with new scanners and also commissioned 14 new e-RTGCs for the port. The new e-RTGCs are electrically powered and can lift up to 50 tonne load under twin-lift spreaders, compared to 40 tonne under single-lift spreaders used earlier. This has improved the overall efficiency of container management at the terminal and is eco-friendly too,ö Sethi explains.
Port Connectivity For enhancing port connectivity, the port has undertaken works of widening of NH-4B, SH-54, and Amra Marg from four lanes to six to eight lanes and construction of grade separators at critical junctions at an investment of Rs 30 billion. Once the project is completed, containers will be evacuated with least inconvenience to non-port traffic. There is also a dedicated freight corridor (DFC) being developed by Indian Railways, which will connect JNPT and Delhi. DFC will make rail connectivity to ports more viable due to reduction in haulage.
Major Strategic Initiatives
For port development and expansion, the port has two major initiatives: the first one is developing the fourth terminal and the second is dredging of the navigational channels. Bharat Mumbai Container Terminals (PSA) was awarded the development work of the fourth container terminal on DBFOT basis through a concession agreement. Once fully operational, it would push the total port capacity to 10 million TEUs. Sethi informs that the work of phase I was completed in Dec 2017 and put into operation with a capacity of 30 MTPA. Phase II of 30 MTPA capacity is expected to be completed by Dec 2022. "We have also completed the dredging of our navigational channel from 14 metre to 15 metre, which would allow large vessels upto 12,500 TEUs to berth at our port and we would benefit in handling additional traffic throughput of 1.67 million TEUs," proud Sethi exclaims.
Apart from these projects, JNPT is also looking to expand port capacity by developing a coastal berth of 2 MTPA capacity at an estimated project cost of Rs 1.44 billion. "We expect to complete the project by Mar 2020," Sethi announces. In addition, JNPT has proposed to develop a liquid jetty of 4.5 MTPA at a cost of Rs 3 billion. The DPR for the project is completed and the jetty will have twin berths to handle 35,000 DWT vessels on one side and 25,000 DWT vessels simultaneously on the both sides of jetty. This project will give a capacity enhancement of 4.5 MTPA of liquid cargo in JNPT.
On the operational front, JNPT is developing a centralised parking plaza to enable completion of pre-gate entry formalities and documentation work for export to be carried out under one window system. The parking area is being developed in an area of 45 hectare for the parking of 1,600 trailers and will have all facilities like custom documentation system, banking, cafeteria, and many others, to give comfort to the drivers and ensure faster, smoother movement of trailers in and out of the port. The overall port expansion will increase the container traffic on the roads; so, JNPT has taken up the work of widening of NH-4B, SH-54, and Amra Marg from four lanes to six to eight lanes, and construction of grade separators at critical junctions. This is being funded by JNPT by securing USD 400 million dollars through external commercial borrowings (ECB).
JNPT continued to upscale its growth trajectory and closed the financial year ending Mar 31, 2019 handling 5.13 million TEUs, which is a 6.20 per cent growth as compared to the last financial year. Another feather in the cap is that the port has risen to rank 28th among the top 100 container ports globally, as per the latest Lloyds Report and is the only Indian port to feature among the global top-30. On the operational front, JNPT took many initiatives under "ease of doing business", which proved immensely beneficial for EXIM as they save both time and overall trade costs, thus enhancing the overall efficiency of trade. In fact, JNPT is credited for helping India leverage its position in the World Bank Ranking in trading across the borders, from 146th spot to 80th spot - a jump of 66 points! Services like ITT and DPD are being encouraged to reduce cost for importers and exporters. The delivery of import containers under the head, direct port delivery (DPD) has increased from 38.79 per cent in Apr 2018 to 51.75 per cent in Mar 2019 and ITT services have helped the EXIM community to save close to Rs 124 million in fuel cost and Rs 2.10 billion of overall trade cost.
JNPT is the first port in the country to implement logistics data bank tagging of containers, which help the trade to get real-time information about the location and movement of the container during transit. These containers are tagged and each toll booth on the container route has a tracker that enables keeping track of container movement from booth to booth. Another aspect of digitisation is the JNPT mobile app, which gives easy access to all relevant information related to port and trade to the EXIM community. They can stay abreast of the activities while on the go. The app is available in Android and iOS versions.
- RAHUL KAMAT