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.: 4-Apr-2016 :. Search News
Displaying 1 to 2 of Records.
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JN Port posts flat growth in container shipments in 2015-16
Container shipments through state-owned Jawaharlal Nehru Port Trust (JNPT), India's busiest container gateway, remained flat in 2015-16 as a global slowdown cut demand for goods.

The port located near Mumbai handled 4.49 million twenty-foot-equivalent units (TEUs) in the year to March, a marginal increase of 0.56% over the previous year. In 2014-15, JNPT, one of the 12 owned by the union government, handled 4.46 million TEUs. A TEU is the standard container size.

JN Port has four container loading facilities, two run separately by Dubai-based DP World Ltd, one by a consortium of APM Terminals Management BV and Container Corp. of India Ltd and the fourth by the port itself. The terminals are designed to handle a combined 4.4 million TEUs a year.

Of the total 4.49 million TEUs handled by the port in the year to March, the two terminals separately run by DP World-Nhava Sheva International Container Terminal Pvt. Ltd (NSICT) and Nhava Sheva (India) Gateway Terminal Pvt. Ltd (NSIGT) handled 999,693 TEUs and 202,328 TEUs, respectively.

Effectively, the container volumes handled by NSICT dropped 13.84% from 1.16 million TEUs handled during 2014-15. NSIGT started commercial operations in 2015-16.

The facility operated by APM Terminals-Concor consortium loaded 1.86 million TEUs, a drop of 7.56% over 2.01 million TEUs loaded during 2014-15.

The fourth terminal, run by JN Port itself, handled 1.42 million TEUs-a rise of 10.45% over 1.29 million TEUs handled during 2014-15-making it the only
terminal to post growth during the year.

JN Port loads more than half of India's container cargo shipped through its ports every year.

"Container shipments through JN port were hit by the slowdown in global economies. Still, we have maintained a marginal growth," a spokesman for the port said.

In terms of overall volumes, the port handled 64 million tonnes (mt) of cargo from 63.8 mt loaded last year.

JN Port is building additional container loading capacity with private funds.

Singapore's PSA International Pte Ltd is setting up a new container loading facility with a capacity to handle 4.8 million standard containers a year with an investment of Rs7,915 crore. The first phase of the new terminal with a capacity to load 2.4 million TEUs and costing Rs4,719 crore is expected to start operations in 2017.

PSA International, the world’s biggest container port operator by volumes, is fully owned by Temasek Holdings Pte Ltd, the sovereign wealth fund of Singapore.

JN Port is expected to handle 23 million standard containers by 2020, according to a ten-year plan unveiled by the shipping ministry.
Source: Livemint

Posted On:4-Apr-2016



Credits: www.hellenicshippingnews.com

Shortage of training ships is stumbling block for seafarers
India is a large supplier of seafarers for global ships, but China is racing ahead in training cadets to meet the future demand for trained seafarers.

Cadets need to undergo six months of compulsory training on board a ship. Most of the training happens in foreign flag ships. However, the global slowdown has led to shortage of ships leaving Indian cadets stuck without adequate training on time.

At present, Cadets and Ratings pay huge amounts of money to touts and agents to get berths on ships at great risks to themselves, said K Vivekanand, CEO, Indian Institute of Logistics, a leading maritime training institute.

On the other hand, China has built the world's largest training ship named Yu De to enable cadets get training. With an investment of Yuan 240 million, the 64,000-tonne and 199.9 metre long ship integrates the functions of training, research and bulk cargo transportation, and has a crew capacity of 173.

The navigation bridge as well as the teaching and training areas are located at the ship’s stern to accommodate 143 teachers and students at a time. It also has research rooms for navigation technology research and other scientific research activities, said Vivekanand who had spent 26 years at sea and another 26 years ashore in maritime education and training.

"China has also launched a second training ship. While we are twiddling our thumbshere, China is going full speed ahead. We also require a commercially trading-cum-training ship could to help cadets get trained on board," he told BusinessLine.

India provides 9 per cent of global seafarers' workforce. More investment should be put into ship design centre, ship research and development centre and towards development of an integrated training centre in India, said SK Das, Principal Officer (i/c), Mercantile Marine Department. Vivekanand said that the idea of a 'commercially trading-cum-training ship' was first floated at the World Shipping Forum in Chennai in February 2013 by the Institute of Marine Engineers, Chennai Branch. The vessel will operate as a self sustaining training ship to meet its training costs for 180 trainees and 20 trainers. It will also be commercially trading ship operated by an independent crew in serving cargo interests.

In July 2014, a Trading-cum-Training Vessels Committee Report to identify the right type of ships to be converted for trading-cum-training vessels and to draw a road map to operationalise the ship was submitted by the Chairman of the National Shipping Board and accepted by the Shipping Minister Nitin Gadkari.

The idea was to convert an Aframax tanker of about 1,10,000 dwt or a Kamsarmax Bulk Carrier of about 85,000 dwt, as a Special Purpose vessel, with about 100 training berths, 20 trainers and 25 crew, said Vivekanand.

Even though the project was accepted by the Minister, "it is at present hibernating in the corridors of the Ministry. We have no choice but to get training ships in the water as soon as possible. This is the only solution to sustain the supply of trained manpower to the merchant navies of the world from India," he said.
Source: The Hindu Business Line

Posted On:4-Apr-2016



Credits: www.hellenicshippingnews.com
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