APL: Port Infrastructure Deter India’s Progress

Friday, September 15, 2006
A lack of infrastructure and high port and inland costs continue to limit India’s economic progress, a senior executive of global container transportation leader, APL, told a high-level shipping industry gathering this week. Addressing the Southern Asia Ports, Logistics and Shipping conference in Mumbai, APL President for South Asia, Kenneth Glenn, said that as global sourcing and manufacturing continues to shift to Asian locations, foreign investors will choose to invest near ports with world-class efficiency in port infrastructure. Mr Glenn said: "If India can develop thriving retail and manufacturing sectors to rival its services sector, the sky is the limit in terms of its economic potential. But currently, inadequate infrastructure and high costs are hurting its development as an exporter to the rest of the world." Glenn said that by late 2008 some 25% of world container ship capacity will be comprised of vessels of at least 6,000 TEU (twenty-foot equivalent units) but that India does not yet have a port that can handle this class of ship. "Until India can develop these type of global class facilities, it will not fulfill its cargo carrying potential," said Mr Glenn. Last year, Mumbai’s Jawal Nehru Port Trust (JNPT) was the only Indian entry in the list of the world’s top 100 container ports at number 36, with Chennai next at 109. "This suggests that investment in ports is too fragmented and spread across too many sites of insufficient scale," said Glenn. "When India’s ports are assessed against the attributes of a world-class port, they do not stack up well, lacking many of the characteristics international ship operators look for in order to increase vessel calls." Glenn pointed out that the imbalance of container trade towards JNPT, which accounts for around 60% of total Indian volumes, is creating acute congestion. However, he said that simply adding more port capacity at multiple locations is not the answer, citing a recent analysis conducted by leading industry analyst Drewry for APL.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

India Seeks Stake in Iran LNG Terminal

Indian Petroleum Minister Minister Dharmendra Pradhan says India has expressed interest in setting up an LNG terminal at Chahabar port in Iran to ship back home natural gas from Persian Gulf nation,

Northwest Seaport Alliance Joins Green Marine

The Northwest Seaport Alliance has signed on to participate in Green Marine, North America’s largest voluntary environmental certification program for the maritime industry.

Abu Dhabi Ports Reports Q1 Volume Surge

Abu Dhabi’s RoRo volumes up 31 percent; general and bulk cargo increases 13 percent; container cargo edges up 5 percent   Abu Dhabi Ports, the master developer,

LNG

India Seeks Stake in Iran LNG Terminal

Indian Petroleum Minister Minister Dharmendra Pradhan says India has expressed interest in setting up an LNG terminal at Chahabar port in Iran to ship back home natural gas from Persian Gulf nation,

MOL's LNG Carrier KUMUL Delivered

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced the delivery of the LNG carrier KUMUL at Hudong-Zhonghua Shipbuilding (Group) Co.

China Equipments to Yamal LNG

The first shipment of a ‘core kit’ for Russia’s Yamal LNG project has set sail for northern Russia from the Chinese port of Qingdao.   China's first batch of

 
 
Maritime Contracts Maritime Security Navigation Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0703 sec (14 req/sec)