Port plans to become a key transshipment hub on the East Coast Rail
connectivity to Maharashtra to start from May 2018 Total cargo handled by the
port in FY18 registered at 45 million tones. Total number of containers handled
by the port 4,81,408 TEUs during the last financial year.The port has
witnessed a stark rise in solar shipments.
Krishnapatnam Port Company Limited (KPCL), the
country’s largest all-weather;
water port, on the east-coast of India, today announced that it has handled 45
Million Metric Tonne(MMT) of cargo in 2017-18 (FY18) thus, achieving a 25 per
cent growth over 36.10 MMT handled in the previous fiscal.
company witnessed a record 88 per cent rise in the number of containers it
handled at 4,81,408 TEUs vis-à-vis 2,55,439 TEUs during the last fiscal. Total
bulk cargo handled by the port stood at 37 Milllion tones. Coal, Iron ore and
Granite dominated the cargo portfolio handled at Krishnapatnam Port. It is now
aspiring to achieve an impressive 52 MMT in Bulk and 2 Lakh TEU in Containers
this fiscal. The port has planned a total investment of 3 billion US Dollars of
which 1.23 billion has already been invested for development till date with
second phase of expansion underway.
occasion, Mr. Anil Yendluri – Director and CEO said, “Favorable government
policies and handling of new cargo such as sand, steel products and Agri-commodities
have added to the growth of our shipments.
in Andhra-Telangana, north and east Karnataka, besides eastern parts of
Maharashtra which were earlier going to other ports have witnessed an instant
cost advantage availing route optimization, multimodal connectivity, and
competitive pricing after they switched to Krishnapatnam Port.”
world-class technology driven infrastructure further reiterates our claim to
offer the most convenient and trade efficient gateway on the eastern periphery
of the country,” he further added.
number of vessels visiting the Port rose by 22 per cent to 1290 vessel calls in
2017-18 as against 1061 vessels registered during the same period, last year.
With government’s push towards solar energy, the port has also witnessed a
sharp rise in solar related shipments. It has successfully concluded 13,084
FEUs of solar cargo for the year FY17-18 With excellent rail connectivity in
the states like Telengana and Bangalore the new connectivity from Nagpur,
Maharashtra beginning this May 2018, will offer an additional spurt in
Venkatesh, Director, Krishnapatnam Port Container Terminal said “The cargo
spurt resulted partly from the growth of transshipment volumes at KPCT as the
Indian Flag operators like Shreyas Shipping provided transshipment feeder
services from KPCT to Kolkata, Haldia, Vizag and Paradeep.
to provide higher cost benefits to importers and exporters the port is offering
door to door cargo logistics under its new service ‘Ocean2Door’. The service
will soon offer online cargo bookings too.” Despite industry slowdown,
Krishnapatnam Port registered an overall growth of 25 per cent in cargo
handled, much higher than the average growth rate of 4.79 per cent clocked by
the Indian major ports.
with its ambitions to emerge as a coastal cargo hub on the east coast of the
country, Krishnapatnam Port Container Terminal (KPCT) has recently set up a
dedicated coastal cargo berth to handle the growing coastal cargo traffic and
reducing the time loss.
the highest 16 meters draft facility for the container vessel berth, the port
also has excellent connectivity to the major destinations across the globe.
Major industries such as– thermal power plants, edible oil refineries,
lubricant plants, steel plants, leather parks, fertilizer plants, SEZs, pipe
manufacturing, multiproduct industrial zones, wind mill manufactures, mega food
parks, etc. as led Krishnapatnam Port as an ideal gateway for EXIM trade The
region is expected to change the economic and trade outlook of Eastern India
and is soon to emerge as the industrial growth engine of South and Eastern
Krishnapatnam Port Company Ltd. Krishnapatnam Port promoted by the Hyderabad-based
C.V.R. Group is a privately built and owned all weather, deep water port on the
east coast of India, located in the Nellore District of Andhra Pradesh.
Krishnapatnam Port which is fast becoming a port of choice for all
international cargo originating from and destined to the Southern and Central
India, is the first and the only port to implement a single window system for
business facilitation. The port with a transit storage area of 6800 acres has
the country’s largest waterfront area of 161 sq. km, and a depth of 20.5
metres. Its current draft of 18.5 metres can accommodate full-sized cape vessel
of 200,000-tonne capacity. Krishnapatnam Port Company Ltd. (KPCL) which was
formed by winning the mandate from the Govt. of Andhra Pradesh on BOST (Build–Operate-Share-Transfer)
concession basis for 50 years is being built in three phases and currently the
second phase is underway.