Container throughput at India"s Port of Jawaharlal Nehru dropped by 8 percent in 2009 compared with the previous year.
Container throughput at India"s Port of Jawaharlal Nehru dropped by 8 percent in 2009 compared with the previous year as the slump in trade hit cargo volume moving through the country"s largest container gateway.
The west coast hub handled 3.8 million 20-foot equivalent units during the year, down from 4.17 million TEUs in 2008, the port authority said in a statement.
Gateway Terminals, Nehru"s third terminal operated by A.P. Moller-Maersk, topped volume at 1.55 million TEUs, followed by DP World-managed Nhava Sheva International Container Terminal, 1.49 million TEUs, and the state-owned terminal, 0.8 million TEUs.
?We have initiated a number of steps to improve infrastructure and boost capacity. These include the acquisition of four rail-mounted quay cranes, and development of a 4-million-TEU fourth container terminal and 330-meter berth extension project,? said S.S. Hussain, port chairman.
Officials said of the four new cranes, one is expected to be delivered in November and the remainder by February next year. Port management is also awaiting approval from the ministry for the purchase of three additional gantry cranes costing around $26 million.
Nehru handled 3.95 million TEUs in fiscal 2008-09 ended March 31, and the management is hoping that the gradual recovery in the country"s foreign trade will help it perform better in the last quarter of fiscal 2009-10. In November, India"s exports rose for the first time in 14 months, by 18.3 percent to $13.2 billion from $11.16 billion a year earlier.
The Indian Ports Association said all major ports handled 412 million tons of cargo during April-December, the first nine months of fiscal 2009-10, up from 392 million tons in the year-ago period. Total cargo volume in December increased to 49 million tons from 45 million tons on a year-on-year basis.