Showing posts with label Planning Commission. Show all posts
Showing posts with label Planning Commission. Show all posts

26/09/12

Port capacity to double in 5 yrs

The Indian port capacity is set for two fold rise during next five year to more than 2300 Mn. Tn. (MT). According to 12th Five Year plan (2012-17) document, it is projected that the port volumes will cross 1750 MT level.

Total capacity of the country's ports, including 12 major and over 200 non-majors, stood at 1,247 MT in 2011-12 and together they handled 971 MT cargo. Major ports had the lion's share at 601 MT and the rest was done by the non-major ports.


The Plan Panel expects Jawaharlal Nehru Port Trust (JNPT) to have the maximum capacity at 156 MT by 2016-17 followed by Kandla Port at 145 MT.


Almost 95 % by volume, and 70 % by value of India's global merchandise trade is carried through the sea route. Out of 12 major ports, 11 are administered by respective Port Trusts and Ennore Port, the 12th major port, which in February 2011 started functioning, is coporatised.


The projected traffic and capacity for the major ports in 11th Plan Period was 708.09 MT and 1,016.25 MT respectively.


For non-major ports, the capacity was envisaged to grow to 575 MT from 228.31 in 2006-07. However, actual capacity in the non-major ports grew to 544.65 MT by 2011-12

Such major expansion on port facility will give more space to logistics companies. Allcargo Logistics and Arshiya International are among top companies which has major operation relating to sea route transportation. 
Allcargo is world leader for LCL while Arshiya is providing unique service of FTWZ at JNPT.