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Friday, August 23, 2019

Maritime Logistics Professional

August 7, 2019

Salaya Terminal Cargo Growth up 160%

Pic: Essar Ports

Pic: Essar Ports

India's Essar Bulk Terminal Salaya Ltd (EBTSL) posted 160 percent growth in its cargo throughput for the Q1FY2020 which ended on June 30, 2019.

As against 0.5 million tonnes (MT) in Q1FY19, EBTSL clocked a cargo throughput of 1.3 MT in Q1FY20, said a press release from the deepest draft terminal in Gujarat’s Saurashtra region.

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.