Efficiency results in surge in operating surplus at major ports

In a recent written information provided by Minster of Shipping, Pon. Radhakrishnan in in the Lok Sabha, the government has underlined a positive trend of increasing surplus of major ports. According to the Ministry of Shipping data, the operating surplus (provisional) of 12 major ports in 2016-17 is estimated at Rs 4919 crore, a sharp increase from Rs 4309 crore registered in 2015-16. JNPT with Rs 889 crore figure, leads the pack followed by Ennore which is estimated to have an operating surplus of Rs 544 crore at the end of 2016-17.

The ministry has attributed this increase in operating surplus to improvement in operational efficiency of major ports on account of modernization, mechanization, acquisition and use of latest technology, deepening of drafts to handle large vessels etc. In addition, a study on benchmarking of efficiency and productivity of major ports to international levels has been carried out to improve the operations and efficiency of the major ports. The study has identified a total of 106 port wise action points/initiatives of which 81 initiatives have already been completed.

 

 

 

S No Name of the Port Operating Surplus ( Rs. in crores)
2013-14 2014-15 2015-16 2016-17*
1 Kolkata 277.05 384.70 462.79 523.34
2 Paradip 364.95 418.40 448.48 537.25
3 Visakhapatnam 223.28 316.01 368.55 395.28
4 Kamarajar

(Ennore)

349.11 471.94 494.90 544.97
5 Chennai 6.16 133.94 196.50 219.88
6 V.O. Chidambaranar(Tuticorin) 145.67 237.80 311.45 352.45
7 Cochin -20.25 19.55 70.90 127.53
8 New Mangalore 129.36 144.91 116.80 170.96
9 Mormugao -29.61 39.80 103.62 168.90
10 Mumbai 195.03 331.68 402.49 366.78
11 JNPT 734.26 836.57 971.98 889.41
12 Kandla 143.89 264.10 360.55 622.68
  Overall: 2518.90 3599.40 4309.01 4919.43

(*)  Provisional

 

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