Essar Bulk Terminal signs agreement with GMB for 1,100-metre jetty expansion
Essar Bulk Terminal Ltd (EBTL), the operator of the Hazira port terminal facility, has signed an agreement with Gujarat Maritime Board (GMB) for expanding its captive jetty by 1,100 metres.
The expanded berthing facility is expected to be ready by end-FY18, and will enhance the current capacity by 20 MTPA. This will not only help cater to the enhanced cargo requirements of Essar Steel, its anchor customer, but also give a boost to the company’s third-party cargo business.
EPL has world-class port terminal facilities that have all registered a significant jump in cargo handling in the last three months on the back of improved performance of their anchor customers. EBTL alone has registered a 26 per cent Q-o-Q growth in cargo in Q1 of FY17-18 by handling about 5.5 million tonnes of cargo in the quarter. In June 2017, the terminal handled a cargo of 1.86 million tonnes, which is a monthly record.
Commenting on the development, Rajiv Agarwal, Managing Director, Essar Ports, said, “Our Hazira Port Terminal has delivered record output on account of highly efficient operations. The expansion of the jetty by 1,100
metres will further boost the cargo handling capability of the facility.”
Since Essar Steel production is expected to increase further during FY18, the total cargo handling at the
Hazira port terminal is likely to cross 25 million tonnes in the fiscal.
The Hazira Port Terminal is an all-weather, deep-water terminal located in the Gulf of Khambatt, Gujarat, India. The terminal has depths of 14 metres below chart datum (CD) and is capable of accommodating capesize vessels. The Port terminal is integrated with Essar’s Hazira Complex which consists of a 10 million tonnes steel plant, power plants and other manufacturing facilities.
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