Port Pipavav Explained

Port of Pipavav
Country:India
Location:Amreli district, Gujarat
Coordinates:20.9189°N 71.5042°W
Opened:2002 (Commercial Operations)
Operated:APM Terminals
Owner:Gujarat Pipavav Port Ltd.
Type:Multi-user, multi-commodity, all weather port
Berths:2 container berths, 2 bulk berths, 1 liquid cargo jetty, 1 ro-ro jetty
Employees:500+
Leadershiptitle:Managing Director
Leader:Keld Pedersen

Port Pipavav, is a port on the west coast of India located in the Amreli district in the Saurashtra region of Gujarat, 90 km South of Amreli, 15 km South of Rajula and 140 km Southwest of Bhavnagar.

The port has cargo operations for containers, bulk, liquid and roll-on/roll-off cargo and a shipyard that builds naval vessels.

History

Cargo port

In 1986 the Indian government authorized an expenditure of 5 million rupees to initiate port development near the village of Pipavav in Amreli district of the state of Gujarat in India. The company Gujarat Pipavav Port Limited was incorporated on August 5, 1992 to build, construct, operate and maintain the port. The company was initially a joint venture between GMB and the SKIL Ports & Logistics division of the SKIL Infrastructure group (now known as Mercantile Ports and Logistics (MPL)).[1]

In June 1998, Gujarat Maritime Board (GMB) divested its stake in favour of SKIL Ports & Logistics. In 2000, the port formed a joint venture with Indian Railways to start Pipavav Rail Corporation Limited. Commercial operations started in 2002.[2]

The A.P. Moller-Maersk Group acquired a 13.5% equity interest in the company in June 2001. Pursuant to the share sale and purchase agreement dated March 30, 2005, SKIL Infrastructure, Nikhil Gandhi, Montana Valves and Compressors and Grevek Investment and Finance divested their shareholding in the company in favour of APM Terminals.[3]

Shipyard

Construction of a shipyard adjoining the port was completed in 2010 by Pipavav Defence and Offshore Engineering Company Limited. In 2011 the shipyard won its first contract to build warships for the Indian Navy.[4]

The shipyard company was renamed to Reliance Defence and Engineering on 3 March 2016 and again renamed to Reliance Naval and Engineering Limited on 6 September 2017.[5]

Shialbet island

Shialbet island is a natural breakwater facing the wharves of the port. It is inhabited by a small fishing community and is connected to the mainland.

Cargo operations

Gujarat Pipavav Port Ltd.
Trade Name:APM Terminals Pipavav
Type:Public
Traded As:
Founder:Gujarat Maritime Board (GMB)
Location:Rajula, Gujarat
Key People:Keld Pedersen (MD)
Hariharan Iyer (CFO)
Ravindranath Pillarisetti(Head-Port Infrastructure & Facility)
Industry:Transport, Port Terminals
Homepage:http://www.pipavav.com

The cargo port is owned by operated by a public company Gujarat Pipavav Port Ltd., and is operated by their majority owner APM Terminals, who are one of the largest container terminal operators in the world. Container, bulk, liquid, LPG an Roll-on/roll-off cargo can be handled. Services provided include pilotage/towage, cargo handling and logistics support.[6]

Port characteristics

The port is along the major trade routes and is close to the major Indian Port of Nhava Sheva (about 160 Nm). It has been dredged to 14.5 m draft. There are 8 Quay cranes for containers and 2 mobile harbor cranes for handling bulk cargo. It is a captive reefer port.[7]

Notes and References

  1. https://www.ndtv.com/business/stock/gujarat-pipavav-port-ltd_gppl/reports
  2. https://www.ndtv.com/business/stock/gujarat-pipavav-port-ltd_gppl/reports
  3. https://www.ndtv.com/business/stock/gujarat-pipavav-port-ltd_gppl/reports
  4. Pipavav Defence and Offshore Engineering Company Limited - Annual Report 2010-11 . September 2011 . Bombay Stock Exchange . 17 July 2024.
  5. News: Reliance Defence and Engineering Limited is renamed R-NAVEL. 8 September 2017 . The Hindu . subscription . 18 May 2018 . en-IN . 0971-751X.
  6. Web site: Our Port - APM Terminals . APM Terminals . 17 July 2024.
  7. Web site: Gujarat makes giant strides in seafood exports. Hindu Business Line. 29 April 2010. 28 April 2010.