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JNPT Handled Record Traffic Of 55.84 Million Tonnes In 2007-08

by Mary Swire, Tax-News.com, London

27 June 2008


India's Minister for Shipping, Road Transport and Highways, Thiru T.R. Baalu, has this week reviewed the performance of Jawaharlal Nehru Port Trust, the premium Container Hub Port on the West Coast of India.

In 2007-08, JN Port handled traffic of 4.06 million TEUs (55.48 million tonnes) registering 23% increase over the previous year.

This is also 13% more than the target set by the Ministry of Shipping for this Port.

The Minister was informed at the review meeting that the performance is further improving this year with the Ship Berth-day output in April-May, 2008 is 21,158 tonnes which is substantial increase over the corresponding period last year.

A number of capacity augmentation projects are in the offing including an extension to berth north side of the Port at an estimated cost of INR600 crore (INR6bn, USD140,000) for which global bids have already been invited.

The procedural work to launch the much awaited Fourth Container Terminal and Marine Chemical Terminal, at an estimated cost of INR4,100 crore is already on.

This is likely to add the capacity of 30 million tonnes for container & 8.80 million tonnes for liquid/POL.

Out of the 32 projects identified under National Maritime Development Programmme (NMDP), four have already been completed and nine works are in progress.

A consultant is being appointed for the Development of Special Economic Zone/Export Promotion Zone to provide infrastructure facilities for port-based industries.


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