Top three containers ports — JNPT, Chennai and Tuticorin — run by private container terminal operators, showed negative growth in box handling during the first half of the current fiscal ended September 30. This, in turn, led to a decline of 6.32 per cent in container handling across ports.

Major ports handled 33.28 lakh TEUs (twenty foot equivalent units) in
the first half of this fiscal against 35.52 lakh TEUs in the
corresponding period last year, according to data provided by the
Indian Ports Association. “The first half is normally dull, but it was
not used to be negative growth. This year exports to both the US and
European markets hit us badly,” said an official of a leading shipping
line. “The second-half should be better, but we are not expecting a
major change in the trend,” he said.

Total textile and clothing shipments to the biggest market US from
India till August this fiscal dropped by nearly 4 per cent to 1,830
million square metre equivalents (SMEs) compared with 1,905 million
SMEs in the corresponding period last year, according to
country-specific Major Shippers Report of the US Department of Commerce
International Trade Administration Office of Textiles and Apparel.

While export of apparel from India to the US increased by 5.24 per cent
to 649 million SMEs (617 million SMEs), export of non-apparel dropped
by 8.36 per cent to 1,180 million SMEs (1,287 million SMEs), the data
show.

At JNPT, there are two private terminals. One is run by the Gateway
Terminals India (GTI), a joint venture between APM Terminals and the
Container Corporation of India Ltd and the other Nhava Sheva
International Container Terminal is operated by DP World Dubai. In
Chennai, the private container terminal is operated by DP World and at
Tuticorin it is run by PSA-Sical.

Source: The Hindu Business Line

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