India’s Navayuga Container Terminal Reaches 500,000 TEU Milestone
Image Courtesy: Navayuga Container TerminalIndia’s Navayuga Container Terminal (NCT) achieved a milestone as it handled 500,000 TEUs for the first time in a financial year.
The jubilee TEU was handled on India-flagged containership SSL Kutch on March 27.
NCT noted the achievement was enabled by an almost 9-fold increase in handled containers in the 5-year period starting from 58,577 TEUs in FY 2013-14.
“NCT has taken giant strides in getting established as a transshipment hub on the East Coast of India and we are working towards making it the hub port in the Bay of Bengal,” Anil Yendluri, Director & CEO, Krishnapatnam Port, commented.
“We are further expanding our terminal capacity from 1.2 million TEUs to 2 million TEUs by the end of 2019 to be ahead of the demand,” Jithendra Nimmagadda, NCT Chief Operating Officer, added.
The previous financial year saw the Navayuga Container Terminal commission five new e-RTGs, increase yard capacity to 5,000 ground slots, and develop 30 acres of off-dock stuffing and de-stuffing zone close to the container terminal.
The upgraded Krishnapatnam Port was officially inaugurated in 2008 and is capable of handling capesize and panamax vessels. Navayuga says the port is on its way to become the largest automated port for exports and imports in South Asia.
