Turnaround time from Indian ports improved to 48.46 hrs in Apr-Nov 2023:Govt

In April-November 2023, Indian ports handled 15,285 vessels, as against 14, 171 vessels handled in the same period last year.

 
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Partly as a result of the slower growth in exports, the country recorded a current account deficit of $1.2 billion in November | Image: Unsplash

Turnaround time of cargos from Indian ports has significantly improved from 55.61 hours in April-November of 2022 to 48.46 hours in the same period in 2023, the Ministry of Ports, Shipping and Waterways informed on Tuesday.  In shipping parlance, turnaround time is the time taken between the arrival of a vessel and its departure. The turnaround time from Indian ports is much better in comparison to other countries like the USA, Australia, and Singapore. 

“Indian ports turn around time has reached 0.9 days which is better than the USA where the turnaround time is  1.5 days, Australia 1.7 days, Singapore 1.0 days,” the ministry informed on Tuesday. Similarly, the average container dwell time has reached a level of 3 days only as compared to 4 days for countries like UAE and South Africa, 7 days for the USA, and 10 days for Germany.

In April-November 2023, Indian ports handled 15,285 vessels, as against 14, 171 vessels handled in the same period last year. The vessel handled in April-November 2023 witnessed growth of 7.86 per cent. 

According to the World Bank Logistics Report released in April 2023, India has reached 22nd rank in the International Shipment category as against 44th rank in 2014. Another indicator of the port’s performance that has seen a massive improvement over the last few years, is output per ship per day has gone up from 17127 MT in April-November 2022 to 18457 MT in April-Nov 2023, witnessing a growth of 7.71 per cent. 

In a bid to reduce net zero emissions, the ministry launched Harit Sagar- the Green Port Guidelines 2023. “To meet the larger vision of achieving the Zero Carbon Emission Goal, launched ‘Harit Sagar’ the Green Port Guidelines on in 2023. Four major ports, namely, Deendayal Port, Visakhapatnam Port, New Mangalore Port, and VOC Port are already generating renewable energy more than their demand,” the ministry release stated. 

 

 

 

 

 

Published By : Rajat Mishra

Published On: 2 January 2024 at 12:49 IST