APM Terminals Mumbai handles record 2.01 mn TEUs in FY2014-15
The Dollar Business Bureau APM Terminals Mumbai one of three terminals currently operating at Jawaharlal Nehru Port (JNP), is India’s largest container port, accounting for 45% of JNP’s throughput, and approximately 20% of India’s total container traffic. Recently, the Terminals established a new record for Indian ports by handling a total of 2.01 million TEUs (twenty-foot equivalent unit) during the Fiscal Year of 2014-15, from April 1, 2014 to March 31, 2015. The growth in the container traffic was achieved mainly due to the deepening of the Mumbai harbour channel in 2014 combined with an increase in the vessel size and container volumes. The increase, however, is straining the existing Indian port infrastructure, which must also deal with regulatory issues which have held back further infrastructure investment. “The need of the hour is to ensure we find an acceptable solution with the authorities on the longstanding issue of the tariff that we are allowed to charge at the terminal” noted APM Terminals Mumbai, Chairman, Rizwan Soomar. APM Terminals Mumbai has introduced a number of trade-friendly initiatives which have helped achieve faster gate turnarounds and increased productivity. Since the implementation of the new processes the terminal is handling an average gate throughput of 5,000 TEUs, compared with a previous daily throughput of 3,500 to 4,000 TEUs. In February 2015, APM Terminals Mumbai set a new record for highest February volume recorded by an Indian container terminal, with 164,678 TEUs. As part of its continuing efforts to provide a safe working environment to all stakeholders, APM Terminals Mumbai is now in the final stages of completing a container weighing project that will help to assure accurate weight declarations for loaded containers.
This article was published on April 8, 2015.