APM Terminals Pipavav on India's west coast has beefed-up its rail connectivity with the northern hinterlands by opening up a new train service to Kanpur, a key inland point in Uttar Pradesh state
APM Terminals Pipavav on India's west coast has beefed-up its rail connectivity with the northern hinterlands by opening up a new train service to Kanpur, a key inland point in Uttar Pradesh state. A block train loaded with 90 TEU of polymer shipments from public enterprise GAIL (India) Ltd kicked off the service that has been named the 'polymer express' and is operated by state-owned intermodal logistics provider Container Corporation of India (Concor), reported IHS Media.
'This [new rail route] will help exporters and importers move their cargo faster and safely through an environment-friendly mode of transport,' said APM Terminals Pipavav managing director Keld Pedersen, and brings the number of block train services to/from Pipavav to eight.
The terminal that has an annual container handling capacity of 1.35 million TEU and is located 150 nautical miles from Jawaharlal Nehru Port Trust (JNPT) hosts 10 weekly mainline services plus a fortnightly coastal loop.
APM Terminals Pipavav handled an average volume of 80,000 TEU per month between July and September to total 238,000 TEU over this period, according to statistics compiled by JOC.com. As a result, the terminal recorded year-on-year growth during July-September of 49 per cent, and volume growth of 22 per cent compared to the prior three-month period.
Additionally, the company noted in its second fiscal quarter earnings release that it outpaced the combined 14 per cent increase in volume handled by all west coast ports during the July-September period.
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