Page 32 - Indian Transport & Logistics News July - August 2024 Issue for Website

News

“Vadhvan Port to see first JNPA reports 11% traffic

vessel berthing by Dec growth in Q1FY25

2029”: JNPA chairman

awaharlal Nehru Port Authority (JNPA)
Jhandled 1,688,145 TEUs from April 2024
to June 2024 compared to 1,526,284 TEUs
in the same period last year, an increase of
10.60 percent.
JNPA handled 567,392 TEUs in June
he union cabinet chaired by The total project cost, 2024, an increase of 19 percent year-on-
TPrime Minister Narendra including the land acquisition, year, says an official release. "There is also
Modi has approved setting up is ₹76,220 crore. This will a remarkable increase in the rake share. In
a major port at Vadhavan near include the development of core June 2024, containers handled through rakes
Dahanu in Palghar District, infrastructure, terminals and were 86,333 TEUs, an increase of 17 percent
Maharashtra. other commercial infrastructure compared to 73,707 TEUs in June 2023."
The all-weather greenfield in public-private partnerships Unmesh Sharad Wagh, Chairman, JNPA
deep draft major port will be (PPP) mode. Jawaharlal Nehru says: "We are delighted to share that JNPA
constructed by the Vadhavan Port Port Authority chairman Unmesh has continued its growth trajectory with
Project (VPPL), an SPV formed by Sharad Wagh, in a separate significant increase in handling TEUs. This
Jawaharlal Nehru Port Authority press meeting, informed that the quarterly performance is a testament to
(JNPA) and Maharashtra JNPA Vadhvan Port will have its JNPA's efforts to reduce logistics costs and
Maritime Board (MMB) with first of two phases completed time by providing efficiency in EXIM and
a shareholding of 74 and 26 in 2029 and see the first vessel ease of doing business.”
percent respectively. berthing by December 2029.

Vizhinjam port receives first container ship

dani Ports & SEZ announced economic infrastructure project
Athe arrival of the first mother promoted by the Government
ship at its Vizhinjam port. of Kerala in a Public Private
San Fernando, the 300-meter- Partnership (PPP) mode. It
long container vessel operated by is the largest private sector
Maersk with a capacity of 8,000- investment in Kerala. This also
9,000 TEUs (twenty-foot equivalent marks the debut of India’s first
units), will be availing the services automated port with state-of-the-
at the port to offload about 2,000 art infrastructure and facilities,
containers and for 400 container capable of handling large ships,
movements within the vessel. with its modern container
Vizhinjam International handling equipment and world-
Seaport in Kerala is a critical class automation and IT systems.
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