Essar’s Salaya Terminal 160% Q1 growth
(Posted on 08/08/19)
Essar Ports’ 20 MTPA Essar Bulk Terminal Salaya Ltd (EBTSL), which operates the deepest draft terminal in Gujarat’s Saurashtra region, has clocked a cargo throughput of 1.3 MT (million tonnes) in the quarter ended 30 June 2019. The performance marks not only a 160% growth in cargo handling over the corresponding quarter in the previous fiscal, but is also the best throughput achieved since the terminal’s commissioning in 2018.
With the terminal integrated 1,200 MW power plant (Essar Power Gujarat) resuming operations, EBTSL is hopeful of a significant boost to its topline and cargo throughput in the subsequent quarters this year. The integrated Salaya Power Plant requires ~4 MMT of coal every year.
The Salaya Port Terminal, the first deep-draft terminal in the Saurashtra region, has been designed to berth up to Capesize vessels with a vessel turnaround time benchmarked with the world’s best, thus offering a competitive advantage to the local industry of the region. The Salaya Port Terminal is an all-weather terminal and is already one of the most preferred destination for shipment of dry bulk cargo in the Saurashtra region. It is capable of handling commodities like coal, bauxite, limestone, fertilizer, etc. and has the flexibility to both import and export cargo. The mechanised stockyard integrated with Salaya Port Terminal is 50 km from Jamnagar (towards Okha Highway) and is well connected with the Jamnagar-Okha State Highway.
Essar Ports is one of India’s largest private sector port and terminal developers and operators. It has invested Rs 11,000 crore in developing world-class terminals in three Indian states. Its current operations span four terminals with a combined capacity of 110 MTPA, which is roughly 5 percent of India’s port capacity. The Company is a leader in the non-containerized bulk cargo space. Having clocked a throughput of 40 MT in FY19, Essar Ports is expecting to handle over 60 MT in the current financial year.
All Essar Ports terminals use advanced cargo handling infrastructure and are equipped to double capacity in the near to medium term. The Company is focussed on not only enhancing cargo throughput, but also on ramping up capacity and contributing meaningfully to the Government of India’s ambitious target of developing 3,130 MT of port capacity in the country by 2020.
Outside India, Essar’s port assets include a liquid terminal in the UK and a coal terminal which is in development stage at Mozambique’s Beira port.
CN, the Canadian National Railway Company, is supportive of the decision by Canada’s Transport... Read more
On 12th February Albwardy Damen entered into an agreement with Sohar Port for the opening of a workshop... Read more
The Port of Rotterdam saw a freight throughput of 469.4 million tonnes in 2019, fractionally higher... Read more
Mel Brockhouse has joined the Port of Tyne as its Chief Operating Officer. In his new role, Mel will... Read more
Associated British Ports (ABP) has announced that in November 2019, it handled the largest quantity... Read more
The Port of Trois-Rivières, Canada, ended 2019 with a new record for goods handled. A total... Read more
With a total of 90 million tonnes of maritime traffic over the year at the HAROPA ports of Rouen, Le... Read more
Cargo traveling through Port Milwaukee facilities increased significantly in 2019 led by growth in all... Read more
Essar’s ports business, which operates four terminals on the east and west coasts of India, has... Read more
Port of Antwerp is taking yet another important step in the transition to a sustainable, low-carbon... Read more