Gujarat Pipavav Port Handled 8.2% Fewer Container Trains YoY 

Gujarat Pipavav Port Limited has reported a decline in container train operations for the quarter ending June 30, 2024. The port handled 480 container trains during this period, which is 8.2% fewer than the 523 container trains handled in the same quarter of the previous year. This reduction comes amid mixed performance across various cargo categories.

In terms of container volume, the port managed 165,000 TEUs (twenty-foot equivalent units) in Q1 FY25, down from 199,000 TEUs in Q1 FY24. The dry bulk cargo also saw a decline, with 0.55 million metric tons (Mn MT) handled this quarter compared to 0.67 Mn MT in the same period last year. Conversely, the liquid cargo volume increased, reaching 0.34 Mn MT from 0.26 Mn MT in Q1 FY24.

The port showed significant growth in the RoRo (roll-on/roll-off) segment, handling 38,000 units this quarter, a substantial rise from 14,000 units in Q1 FY24. However, the number of containers handled on trains decreased to 102,000 TEUs from 111,000 TEUs in the previous year.

For the financial year ending March 2024, the port handled a total of 2,281 container trains, compared to 1,921 trains in the previous fiscal year, showing a year-on-year increase. The total container volume for the fiscal year was 808,000 TEUs, up from 764,000 TEUs in the previous year.

Despite the quarterly decline in container trains and certain cargo volumes, Gujarat Pipavav Port continues to handle substantial cargo volumes across various segments, highlighting its strategic importance in the region's logistics and trade infrastructure.

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APM Terminals 

APM Terminals Pipavav, located in Gujarat, is just 152 nautical miles from Nhava Sheva in Mumbai and provides immediate access to key markets in northwest India and the largest seafood export belt in India via road and rail, including direct electrified access to the Western Dedicated Freight Corridor.

The port is a public-private enterprise managed by APM Terminals, which holds a 43.01% share. Positioned opposite two islands, the port remains safe in all weather conditions and operates with minimal wave heights and moderate water currents.

It features a channel length of 4,550m and allows day and night navigation for most vessels. Additionally, APM Terminals Pipavav has Authorized Economic Operator (AEO) status from the World Customs Organisation, ensuring higher efficiency and faster export-import services with fewer inspections and faster release of shipments.