Essar Ports Ltd
(EPL), a leading private port terminal operator in India, has reported a 11 per
cent increase in overall cargo handling at 9.16 million tons (mt) across its
Hazira, Visakhapatnam, Salaya and Paradip Port terminals for the quarter ended
December 31, 2017, up from 8.26 million tons a year ago, led by substantial
growth in iron ore, coal, limestone and finished steel transportation with
third-party accounting for 16 per cent share in the overall cargo.
For the nine months
ended December 31, 2017, the company registered a 16 per cent growth overall in
cargo at 26.5 million tons versus the same period last year while third-party
cargo handling rose by an impressive 36 per cent to 4.26 million tons.
Mr Rajiv Agarwal,
CEO-EPL, said: "We expect to continually improve our operational
performance with faster turnaround times at our terminals through our sustained
investment in state-of-the-art technology. The strategic location, deep
draughts and superior cargo handling capabilities of these facilities will help
Essar Ports further the national goal of port-led development and overall
reduction in logistics cost."
recently commissioned a 20 million ton bulk terminal in Salaya, Gujarat and
will soon complete expansion of Vizag Terminal, taking its annual handling
capacity to 24 million tons, thus taking the cumulative cargo handling capacity
to 90 million tons by the end of financial year 18.
The Salaya terminal
has been designed to berth Cape size vessels with a vessel turnaround time of
less than two days, thus offering a competitive advantage to the local
The Essar Vizag
Terminal Ltd (EVTL) recently commissioned an 8,000 TPH (tonnes per hour) ship
loader, which has increased its cargo handling rate from 70,000 TPD (tons per
day) to 120,000 TPD, and is expected to significantly increase revenues.
The increased cargo
handling will also translate to shorter turnaround times and competitive
freight costs for exporters on the east coast. Following the commissioning of
the expansion project, the facility will also be able to berth vessels up to
200,000 DWT, with a depth of 18 meters, on the outer harbor of Vizag Port, said
a company release.