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JNPT volumes slide to 5.03 million TEU as it loses ground to Mundra
来源：shippingazette.com 编辑：编辑部 发布：2020/04/20 09:25:25
MUMBAI's state-owned Jawaharlal Nehru Port Trust (JNPT) saw container throughput in FY2020 dip to 5.03 million TEU, down from 5.133 million TEU a year earlier, with volumes dragged down by the coronavirus pandemic.
The overall volume decline in JNPT shows that the state-owned port is losing market share to privately-run Mundra port in Gujarat.
"In addition to the economic slowdown and the coronavirus impact, JNPT continue to lose market share to Mundra port despite the latter having higher vessel and container charges," said a port industry expert.
The volume drop is also despite the capacity additions and productivity improvements at JNPT which also enjoys faster rail transits to/from the key hinterland market of National Capital Region (NCR) to the tune of several days compared to Mundra, he said.
"Rail pricing continues to be a key differentiator. With the Dedicated Freight Corridor (DFC) connectivity projected to reach Mundra port by the end of 2020, several years before JNPT, the playing field remains far from level," he added.
"The drop in volumes at JNPT is not good news," said a port industry consultant. "It means the economy has slowed down even without the impact of coronavirus, whose impact will be felt in the coming months," he added, reported Chennai's Hindu BusinessLine.
JNPT has five container terminals of which four are run by private entities while the fifth is run by the port trust itself.
Of the 5.03 million TEU processed in FY2020, Gateway Terminals India Pvt Ltd (GTIPL), the facility run by a joint venture between APM Terminals Management BV and Container Corporation of India Ltd (Concor), emerged the top performing terminal again by handling 1.99 million TEU, down from 2.01 million TEU in FY2019.
Bharat Mumbai Container Terminals Private Limited (BMCT), the facility run by Singapore's PSA International Pte Ltd, handled 800,000 TEU, up from 503,000 TEU last year, posting the biggest growth among all the five terminals.
JNPCT, the container terminal run by the government-owned port authority, registered the biggest dip in volumes to 720,000 TEU, from 1.04 million TEU in FY2019.
Nhava Sheva International Container Terminal Pvt Ltd (NSICT), the Dubai government-owned DP World's first facility at JNPT and operating since 2000, handled 530,000 TEU from 547,000 TEU last year.
Nhava Sheva (India) Gateway Terminal Pvt Ltd (NSIGT), also run by DP World, handled 990,000 TEU from 926,000 TEU the previous fiscal year.
The total cargo (including containers) handled by JNPT during FY2020 decreased to 68.45 million tons from 70.71 million tons last year.
The overall volume decline in JNPT shows that the state-owned port is losing market share to privately-run Mundra port in Gujarat.
"In addition to the economic slowdown and the coronavirus impact, JNPT continue to lose market share to Mundra port despite the latter having higher vessel and container charges," said a port industry expert.
The volume drop is also despite the capacity additions and productivity improvements at JNPT which also enjoys faster rail transits to/from the key hinterland market of National Capital Region (NCR) to the tune of several days compared to Mundra, he said.
"Rail pricing continues to be a key differentiator. With the Dedicated Freight Corridor (DFC) connectivity projected to reach Mundra port by the end of 2020, several years before JNPT, the playing field remains far from level," he added.
"The drop in volumes at JNPT is not good news," said a port industry consultant. "It means the economy has slowed down even without the impact of coronavirus, whose impact will be felt in the coming months," he added, reported Chennai's Hindu BusinessLine.
JNPT has five container terminals of which four are run by private entities while the fifth is run by the port trust itself.
Of the 5.03 million TEU processed in FY2020, Gateway Terminals India Pvt Ltd (GTIPL), the facility run by a joint venture between APM Terminals Management BV and Container Corporation of India Ltd (Concor), emerged the top performing terminal again by handling 1.99 million TEU, down from 2.01 million TEU in FY2019.
Bharat Mumbai Container Terminals Private Limited (BMCT), the facility run by Singapore's PSA International Pte Ltd, handled 800,000 TEU, up from 503,000 TEU last year, posting the biggest growth among all the five terminals.
JNPCT, the container terminal run by the government-owned port authority, registered the biggest dip in volumes to 720,000 TEU, from 1.04 million TEU in FY2019.
Nhava Sheva International Container Terminal Pvt Ltd (NSICT), the Dubai government-owned DP World's first facility at JNPT and operating since 2000, handled 530,000 TEU from 547,000 TEU last year.
Nhava Sheva (India) Gateway Terminal Pvt Ltd (NSIGT), also run by DP World, handled 990,000 TEU from 926,000 TEU the previous fiscal year.
The total cargo (including containers) handled by JNPT during FY2020 decreased to 68.45 million tons from 70.71 million tons last year.