Page 34 - ITLN March - April 2022 issue
P. 34

News




         IT disruption affected our terminal ops but

         no loss in revenue: JNPA


                                                                            NPA (Jawaharlal Nehru Port Authority)
                                                                          Jchairman Sanjay Sethi confirmed that
                                                                          some of the vessels berthed at JNPCT had
                                                                          to be shifted and the terminal operations
                                                                          were affected in terms of loading, offloading
                                                                          and moving containers to yards due to the
                                                                          IT disruption (suspected cyber attack) that
                                                                          happened on Feb 20, 2022.
                                                                            However, the chairman noted that the
                                                                          incident didn't cost JNPA any revenue loss and
                                                                          that all operations are now back to normal in all
                                                                          respects. "If I had to get a consultant and give
                                                                          him one lakh rupees well that's no loss. When
                                                                          you do the math we still get the revenue part
                                                                          of the royalty. The difficulty was for one week
                                                                          as we had to do some manual handling, some
                                                                          containers dealy," he said.
                                                                            He was talking to the media in Mumbai
                                                                          about how JNPA is aligning its projects towards
                                                                          the PM Gati Shakti initiative, the national
                                                                          master plan for multimodal connectivity.


                                                  APM Terminals Mumbai to invest
             China lockdowns to                   $115 mn to increase container
             hurt supply chains                   handling capacity

               he announcement of nationwide
            Tlockdowns in China is pushing
            supply chains to prepare for another
            round of turmoil in the coming
            months, impacting the flow of
            container movement as importers
            worldwide prepare for the coming
            peak season later this year.
               Two weeks since the start of the
            Russia-Ukraine conflict, "there seems
            to be negligible impact on container
            prices and leasing rates in China,"
            according to the latest update from
            Container xChange.
               "Container availability has improved   PM Terminals Mumbai, also   needs for larger vessel capability,"
            soon after the Chinese New Year until   Aknown as Gateway Terminals   according to an official statement.
            Friday across key ports in China. At   India (GTI), will invest $115 million   GTI is a joint venture between APM
            the port of Ningbo, the average price   in infrastructure development to   Terminals and domestic rail operator
            for a 40-feet high cube container     increase the container handling   Container Corporation of India
            dropped from $5,930 on February 14 to   capacity by 10 percent to 2.18   (Concor) operating at Nhava Sheva.
            $5,248 on March 10. Similarly, average   million TEUs. "The company is   The terminal includes a berth line of
            prices fell 10-15 percent at Shanghai,   investing in Ship-to-Shore (StS)   2,336 feet, 128 acres of yard space,
            Qingdao and Shenzhen. Shenzhen has    cranes and Rail Mounted Gantry   and modern service equipment
            witnessed a drop of 8 percent in the   (RMG) cranes. The investment   including 10 twin-lifting quay cranes,
            past two weeks."                      is aimed at enabling GTI to     40 rubber-tire gantry cranes, and
                                                  accommodate changing customer   three rail-mounted quay cranes.


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         March - April 2022                                                                              www.itln.in
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