1. Summary Information

 

 

Country

India

Company Name

JAWAHARLAL NEHRU PORT TRUST

Principal Name 1

Mr. L. Radhakrishnan

Status

Good

Principal Name 2

Mr. N N Kumar

 

 

Registration #

--

Street Address

Nhava Sheva, Taluka Uran, Navi Mumbai – 400 707, Maharashtra, India

Established Date

26.05.1989

SIC Code

--

Telephone#

91-22-27244196

Business Style 1

Service Providing

Fax #

91-22-27244020

Business Style 2

--

Homepage

http://www.jnport.gov.in

Product Name 1

Marine and Shipping Services

# of employees

Information declined by the management

Product Name 2

--

Paid up capital

Not Divulged

Product Name 3

--

Shareholders

Not Available

Banking

Not Available

Public Limited Corp.

No

Business Period

23 Years

IPO

No

International Ins.

-

Public Enterprise

No

Rating

A

Related Company

Relation

Country

Company Name

CEO

--

--

--

--

Note

-

 

2. Summary Financial Statement

Balance Sheet as of

--

(Unit: Indian Rs.)

Assets

Liabilities

Current Assets

--

Current Liabilities

--

Inventories

--

Long-term Liabilities

--

Fixed Assets

--

Other Liabilities

--

Deferred Assets

--

Total Liabilities

--

Invest& other Assets

--

Retained Earnings

--

 

 

Net Worth

--

Total Assets

--

Total Liab. & Equity

--

 Total Assets

(Previous Year)

--

 

 

P/L Statement as of

--

(Unit: Indian Rs.)

Sales

--

Net Profit

--

Sales(Previous yr)

--

Net Profit(Prev.yr)

--

 

MIRA INFORM REPORT

 

 

Report Date :

16.10.2012

 

IDENTIFICATION DETAILS

 

Name :

JAWAHARLAL NEHRU PORT TRUST

 

 

Administrative Office :

Nhava Sheva, Taluka Uran, Navi Mumbai – 400 707, Maharashtra

 

 

Country :

India

 

 

Date of Incorporation :

26.05.1989

 

 

Capital Investment / Paid-up Capital :

Not Divulged

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

PNEJ05125B

 

 

PAN No.:

[Permanent Account No.]

AAALJ0036D

 

 

Legal Form :

Government Owned Enterprise

 

 

Line of Business :

Providing Marine and Shipping Services

 

 

No. of Employees :

Information declined by the management

 

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

Fairly Large

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

Comments :

Subject is an established port owned by Government of India. It is the biggest container handling port in India. It has ranked 24th among the top 100 container ports in the world. Management Mr. Mr. Vasudevan Rao, (Accounts Head) remain non-cooperative and denied to part any information about the trust. However, trade relations are fair. Business is active. Payments are reported to be regular and as per commitment.

 

Since the subject is an government organization it can be considered good for normal business dealings at usual trade terms and condition.

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – June 30, 2012

 

Country Name

Previous Rating

(31.03.2012)

Current Rating

(30.06.2012)

India

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

INDIAN ECONOMIC OVERVIEW

 

India is developing into an open-market economy, yet traces of its past autarkic policies remain. Economic liberalization, including industrial deregulation, privatization of state-owned enterprises, and reduced controls on foreign trade and investment, began in the early 1990s and has served to accelerate the country's growth, which has averaged more than 7% per year since 1997. India's diverse economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of services. Slightly more than half of the work force is in agriculture, but services are the major source of economic growth, accounting for more than half of India's output, with only one-third of its labor force. India has capitalized on its large educated English-speaking population to become a major exporter of information technology services and software workers. In 2010, the Indian economy rebounded robustly from the global financial crisis - in large part because of strong domestic demand - and growth exceeded 8% year-on-year in real terms. However, India's economic growth in 2011 slowed because of persistently high inflation and interest rates and little progress on economic reforms. High international crude prices have exacerbated the government's fuel subsidy expenditures contributing to a higher fiscal deficit, and a worsening current account deficit. Little economic reform took place in 2011 largely due to corruption scandals that have slowed legislative work. India's medium-term growth outlook is positive due to a young population and corresponding low dependency ratio, healthy savings and investment rates, and increasing integration into the global economy. India has many long-term challenges that it has not yet fully addressed, including widespread poverty, inadequate physical and social infrastructure, limited non-agricultural employment opportunities, scarce access to quality basic and higher education, and accommodating rural-to-urban migration.

Source : CIA

 

 

EXTERNAL AGENCY RATING

 

Rating Agency Name

CRISIL

Rating

Corporate Credit Rating = AAA

Rating Explanation

Highest degree of safety. It carry lowest credit risk.

Date

12.01.2012

 

 

RBI DEFAULTERS’ LIST STATUS

 

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

 

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

 

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2012.

 

INFORMATION DECLINED BY

 

Name :

Mr. Vasudevan Rao

Designation :

Accounts Head

Date :

15.10.2012

 

 

LOCATIONS

 

Administrative Office:

Nhava Sheva, Taluka Uran, Navi Mumbai – 400707, Maharashtra, India

Tel. No.:

91-22-27244196

Fax No.:

91-22-27244020

E-Mail :

abbuge@jnport.com

Website :

http://www.jnport.gov.in

 

 

BOARD OF TRUSTEES

 

Name :

Mr. L. Radhakrishnan

Designation :

Chairman

Address :

Jawaharlal Nehru Port Trust, Administration Building Sheva, Navi Mumbai-400707, Maharashtra, India

 

 

Name :

Mr. N N Kumar

Designation :

Deputy Chairman

Address :

Jawaharlal Nehru Port Trust, Administration Building. Sheva, Navi Mumbai-400707, Maharashtra, India

 

 

Name :

Mr. Vijay Chhibber

Designation :

Additional Secretary and Financial Advisor

Address :

Ministry of Shipping, RT and H, Transport Bhavan, 1, Sansad Marg, New Delhi – 110001, Maharashtra, India

E mail :

asfamost@nic.in

 

 

Name :

Dr. S.B. Agnihotri

Designation :

Director General of Shipping

Address :

Jahaz Bhavan, Walchand Hirachand Marg, Mumbai- 400001, Maharashtra, India

E mail :

sbagnihotri@dgshipping.com

john@dgshipping.com

 

 

Name :

Mr. D.K. Singh

Designation :

Chief Freight Transportation Manager,

Address :

Central Railway Gen. Manager's Office 1st floor, Annex Building, CST, Mumbai - 400001, Maharashtra, India

E mail :

cftm@cr.railnet.gov.in

 

 

Name :

Mr. C.S. Prasad

Designation :

Chief Commissioner of Custom

Address :

Jawaharlal Nehru Custom House Navi Mumbai – 400707, Maharashtra, India

Email :

chiefcom@jawaharcustom.gov.in

 

 

Name :

Mr. Ashish S. Pednekar

Designation :

President, Maharashtra Chamber of Commerce, Industry and Agriculture

Address :

Oricon  House, 6th Floor, 12, K Dubhash Marg, Fort, Mumbai - 400 001, Maharashtra, India

Email :

ashish@gvpco.in

 

 

Name :

Captain Piyush Pal Singh

Designation :

President, Mumbai And Nhava Sheva Ship-Agents Association

Address :

901, Arcedia Building, 9th Floor, N.C.P.A. Marg, 195, Nariman Point, Mumbai - 400021, Maharashtra, India

Email :

ppsingh@shaanmarine.com

 

 

Name :

Mr. Nailesh V. Gandhi

Designation :

President, The Bombay Custom House Agents Association

Address :

73/74 Mital Tower, 'C' Wing, 7th Floor, Nariman Point, Mumbai - 400021, Maharashtra, India

Email :

nailesh@expressworld.com

 

 

Name :

Mr. Kailash B. Murarka

Address :

B-202, Raghav, Vasant Vally, Gokuldham, Filmcity Road, Malad (East), Mumbai – 400097, Maharashtra, India

Email :

kmurarka@hotmail.com

 

 

Name :

Mr. Bhupendra Gupta

Address :

203/204, A Wing, Shiv Chambers, Sector 11, C.B.D. Belapur (East), 
Navi Mumbai - 400614, Maharashtra, India

Email :

buneesha@yahoo.in

 

 

Name :

Mr. Ravi Raja

Address :

Plot No. 224/F-1, 'Tarang Building', Tamil Sangam road, Sion (East), Mumbai - 400022, Maharashtra, India

Email :

raviraja166@ymail.com

 

 

Name :

Mr. Javed R. Shroff

Address :

Juhu Rupal, HSBC Bank Lane, 10th Road, Juhu Scheme, Mumbai - 400049, Maharashtra, India

Email :

jrshroff@yahoo.com 

 

 

Name :

 Dinesh K. Patil

Designation :

President

Address :

JNPT Kamgar Ekta Sanghatana, Jawaharlal Nehru Port Trust, Administration Building Sheva, Navi Mumbai-400707, Maharashtra, India

Email :

dineshpatil@jnport.gov.in

 

 

Name :

Bhushan N. Patil

Designation :

General Secretary,

Address :

Nhava Sheva Bandar, Kamgar Sanghatana,Admn. Bldg, JNPT, Sheva, Navi Mumbai – 400707, Maharashtra, India

Email :

bhushanpatil@jnport.gov.in

 

 

Name :

Cmde  V.K.Madhusoodnan

Designation :

Naval Officer-in-Charge (Maharashtra)

Address :

HQ : Maharashtra Naval Area, C/o. Fleet Mail Office Shahid Bhagat Singh Road, Mumbai - 400 001, Maharashtra, India

Email :

asrana62@hotmail.com

 

 

STAFF DIRECTORY

 

CHAIRMAN OFFICE

 

Name :

Mr. L. Radhakrishnan

Designation :

Chairman

Email :

chairman@jnport.gov.in

 

 

Name :

Mr. K.N. Nair

Designation :

PS to Chairman

Email :

kesavannair@jnport.gov.in

 

 

Name :

Mrs. M.S. Joshi

Designation :

APS to Chairman

Email :

maitreyeejoshi@jnport.gov.in

 

 

DY. CHAIRMAN OFFICE

 

Name :

Mr. N.N. Kumar

Designation :

Deputy Chairman

Email :

deputychairman@jnport.gov.in

 

 

Name :

Mr. M.A. Nair

Designation :

PS to Deputy Chairman

Email :

mannuzhinair@jnport.gov.in

 

 

OFFICE OF CHIEF VIGILANCE OFFICER

 

Name :

Mr. A.P. Srivastava

Designation :

Chief Vigilance Officer

Email :

cvo@jnport.gov.in

 

 

Name :

Mr. V.N. Datar

Designation :

PA to CVO

Email :

vivekdatar@jnport.gov.in

 

 

PRINCIPAL OFFICERS

 

Name :

Captain Jitendra Mishra

Designation :

Deputy Conservator

Email :

jmishra@jnport.gov.in

 

 

Name :

Mr. S.K. Kaul

Designation :

Chief Manager-Administration and Secy.

Email :

skkaul@jnport.gov.in

 

 

Name :

Mr. S.N. Maharana

Designation :

Chief Manager-Operations

Email :

snmaharana@jnport.gov.in

 

 

Name :

Mr. G. Senthilvel

Designation :

C M (Finance)

Email :

cmf@jnport.gov.in

 

 

Name :

Mr. P.Y. Deshmukh

Designation :

C M (PP and D)

Email :

cmppd@jnport.gov.in

 

 

Name :

Mr. S.M. Shetty

Designation :

S M (M and ES)

Email :

smshetty@jnport.gov.in

 

 

Name :

Capt. B.S. Kumar

Designation :

Senior Dock Master

Email :

bskumar@jnport.gov.in

 

 

Name :

Mr. Anant K. Hambarde

Designation :

Senior Manager-Projects and Finance

Email :

ananthambarde@jnport.gov.in

 

 

Name :

Mr. M.G. Ahire

Designation :

Senior Manager-Personnel and Investor Relations

Email :

mgahire@jnport.gov.in

 

 

Name :

Mr. K.V. Rajan

Designation :

Incharge of Finance

Email :

kvrajan@jnport.gov.in

 

 

Name :

Mr. U.K. Sharma

Designation :

S M (PP and D)

Email :

upendrasharma@jnport.gov.in

 

 

Name :

Dr. Raj Hingorani  

Designation :

Medical Supdt.

Email :

rajhingorani@jnport.gov.in

 

 

Name :

Mr. D S Garde 

Designation :

M (CT)

Email :

dilipgarde@jnport.gov.in

 

 

Name :

Mr. A K Hambarde 

Designation :

M (Projects and CFS)

Email :

ananthambarde@jnport.gov.in

 

 

LOCAL AGENCY FURTHER INFORMATION

 

Sr. No.

Check List by Info Agents

Available in Report (Yes / No)

1]

Year of Establishment

Yes

2]

Locality of the firm

Yes

3]

Constitutions of the firm

Yes

4]

Premises details

No

5]

Type of Business

Yes

6]

Line of Business

Yes

7]

Promoter's background

Yes

8]

No. of employees

No

9]

Name of person contacted

Yes

10]

Designation of contact person

Yes

11]

Turnover of firm for last three years

No

12]

Profitability for last three years

No

13]

Reasons for variation <> 20%

----------------------

14]

Estimation for coming financial year

No

15]

Capital in the business

No

16]

Details of sister concerns

No

17]

Major suppliers

No

18]

Major customers

No

19]

Payments terms

No

20]

Export / Import details (if applicable)

No

21]

Market information

----------------------

22]

Litigations that the firm / promoter involved in

----------------------

23]

Banking Details

No

24]

Banking facility details

No

25]

Conduct of the banking account

----------------------

26]

Buyer visit details

----------------------

27]

Financials, if provided

No

28]

Incorporation details, if applicable

No

29]

Last accounts filed at ROC

No

30]

Major Shareholders, if available

No

31]

Date of Birth of Proprietor/Partner/Director, if available

No

32]

PAN of Proprietor/Partner/Director, if available

No

33]

Voter ID No of Proprietor/Partner/Director, if available

No

34]

External Agency Rating, if available

No

 

 

HISTORY

 

Ever since its inception on May 26, 1989, JNP has charted India's international trade to a glorious course of success and achiviements, breaking all and creating new benchmarks, JNP is the biggest container handling Port in India, handling around 60% of the country's containerized cargo, crossing throughput. In its coveted role as the Hub Port on the Western Coast of India, JNP is ranked 24th among the top 100 Container Ports in the World.

 

Fueled by a passion to excel, JNP has anchored its presence with pride, to offer a wonderful Port User experience.

 

Having set for itself a long term goal of achieving 10 million TEU's by the year 2014-15, JNP throws open an array of worthwile opportunities for Shipping Lines and Shippers to ferry their cargo to various sectors across the globe.

 

Supported by top of the order, world class infrastructure with impeccable technological standards, facilities at JNP comprise a full fledged Customs House, above 23 Contanier Freight Stations and a large number of ICD's across the country. Excellent hinterland connectivity both by rail and road as well as proximity to Airports, Hotels etc., give the Port an extra edge to address the shippers needs, efficiently and promptly.

 

With its strong commitment to provide seamless service to its customers as India's prime facilitator of international trade, JNP strives to be the undisputed leader in the South Asian region in years to come.

 

 

RECORD PERFORMANCE

 

JN Port handled 65.75 million tonnes of total cargo during the financial year 2011-12, which is an all- time record for JNPT. The containerized cargo was 58.25 million tonnes and liquid cargo was 6.66 million tonnes and remaining 0.84 million tonnes of dry bulk and break bulk.

 

JN Port handled 4.32 million TEUs of container traffic during the financial year 2011-12 surpassing the previous highest of 4.27 million TEUs during the 2010-11.  Out of the total traffic of 4.32 million TEUs, the share of JNPCT was 1.03 million TEUs, the share of NSICT was 1.40 million TEUs , and remaining 1.89 million TEUs  were contributed by M/s. APM Terminals, Mumbai (APMT). 

 

JN Port remains largest the first among all the major ports in India in container handling with the market share of  55.63%.

 

 

HIGHLIGHTS 2011-2012:

 

1) JNPT's own terminal JNPCT increased its throughput by 19.72% over last year in terms of tonnage and 17.3% over last year in terms of TEUs. However, NSICT reduced its throughput by   8.8% in terms of TEUs with respect to the last year.

2) The total traffic of 65.75 million tonnes and container traffic of 4.32 million TEUs is also the highest since the inception of the Port.

3) JNP Container Terminal crossed more than 1 million TEUs/14.53 million tonnes a growth of 19.72% year on year.

4) Container traffic of 1.89 million TEUs handled at M/s. APMT Mumbai is also the highest since the inception of the terminal. The previous highest was 1.86 million TEUs handled during the year 2010-11.

 

 

OPERATING PERFORMANCE PROFILE

 

TOTAL TRAFFIC

 

JN Port handled 64.32 million tonnes of total cargo during the financial year 2010-11 against 60.76 million tonnes of cargo handled during the financial year 2009-10.  The growth in total traffic during the financial year 2010-11 is 5.85% over the previous year. The containerized cargo was 56.43 million tonnes (87.73%), liquid cargo was 6.81 million tonnes (10.58%) and remaining 1.09 million tonnes (1.69%) was miscellaneous types of Dry Bulk Cargo (Cement), Break Bulk Cargo and Vehicles. The break-up of cargo handled at JN Port is as under:

 

Total

Traffic

In Million Tonnes

 

2009-10

2010-11

IMPORT

31.61

32.79

EXPORT

27.58

30.18

TRANSHIPMENT

1.57

1.35

TOTAL

60.76

64.32

 

 

CONTAINER TRAFFIC:

 

JN Port handled 4.27 million TEUs of container traffic during the financial year 2010-11 showing a growth of 5.13% from the previous annual container handling of 4.06 million TEUs during the year 2009-10. of the total traffic of 4.27 million TEUs, the share of JNPCT was 0.88 million TEUs (20.52%), the share of NSICT was 1.53 million TEUs (36.00%), and remaining 1.86 million TEUs (43.48%) were contributed by M/s. Gateway Terminals India Pvt. Ltd. (GTIPL).  The container handling at JNPT constitute about 56.66% of total container traffic handled by all the Indian Major Ports which is 7.54 million TEUs.  The break-up of container traffic handled at JN Port is given below:

 

CONTAINER TRAFFIC

In TEUs

 

2009-10

2010-11

 

JNPCT

NSICT

GTIPL

JNPCT

NSICT

GTIPL

Import

353,629

724,618

899,683

404,575

726,150

959,895

Export

389,468

772,251

783,246

442,867

789,377

831,653

Transhipment

33,125

35,206

70,117

28,926

21,713

64,655

Total of Terminal

776,222

1,532,075

1,753,046

876,368

1,537,240

1,856,203

JN Port Total

4,061,343

4,269,811

 

 

BULK TRAFFIC

 

The total Bulk cargo handled during the year 2010-11 was 7.89 million Tonnes as against 7.67 million tones handled in the previous year, increase in traffic by 2.91%.  Commodity wise % variation w.r.t. previous year is given below:

                                                                          [In Tonnes]

Commodity

Handled

2009-10

Handled

2010-11

% Variation from previous year

Liquid Bulk

6,627,393

6,805,034

2.68

Cement and Other Dry Bulk Cargo

1,019,831

870,686

-14.62

Project Cargo

18,847

214,851

1,039.97

Vehicles

1,059

--

--

Vehicles (Nos.)

756

--

--

Total Bulk

7,667,130

7,890,571

2.91

 

 

The break-up of Import-export of bulk cargo is given below:          

Bulk Traffic

In Million Tonnes

 

2009-10

2010-11

IMPORT

3.92

4.00

EXPORT

3.75

3.89

TRANSHIPMENT

--

--

TOTAL

7.67

7.89

 

VESSELS HANDLED

 

During the year 2010-11, a total of 3,128 cargo vessels were handled at JN Port, out of which 3,100 vessels were handled at berth and 28 liquid vessels (tankers) handled at JNPT anchorage against 3,072 vessels handled in the previous year, registering a growth of 1.82%. The break-up is given below:

 

Types of Vessel *

 

In Nos.

 

2009-10

2010-11

 CONTAINER:  JNPCT

                    :  NSICT

                    :  GTICT

634

674

1,162

722

627

1,141

DRY BULK

66

71

BREAK BULK

10

60

RO-RO

10

--

LIQUID - At berth

           - At JNP Anchorage

501

23

479

28

TOTAL

3,072

3,128

 

Largest Vessels called at JN Port during year 2010-11

Container

 

JNPCT:

SHIP'S NAME - MSC Cantania

LOA: 299.95                            GRT: 60,117 tonnes

 

DP WORLD (NSICT):

SHIP'S NAME - MSC Loretia

LOA: 304                                 GRT: 73,819 tonnes

 

GTICT:

SHIP'S NAME - Petrohue

LOA: 304.14                            GRT: 73,934 tonnes

Tanker-Liquid Bulk:

 

BPCL:

SHIP'S NAME - Deshrakshak

LOA: 244.16                            GRT: 61,678 tonnes

 

 

RAIL TRAFFIC:

 

ICD Traffic : JN PORT  A total of  1,006,741 TEUs were handled through 6,230 rakes during the year 2010-11 as against 1,076,152 TEUs handled through 6,806 rakes in the previous year, showing decline in rail traffic by 8.46%.  The break-up is as under :-  

 

ICD TRAFFIC (TEUs)

 

2009-10

 

2010-11

% Variation from previous year

IMPORT

593,865

540,274

-9.02

EXPORT

482,287

466,467

-3.28

TOTAL

1,076,152

1,006,741

-6.45

NO. OF RAKES

6,806

6,230

-8.46

 

 

ICD Traffic : JNPCT: 

 

A total of 199,237 TEUs and 1,682 rakes handled during the year 2010-11 at JNPCT,  as against 195,040 TEUs and 2,029 rakes in the previous year, registering growth in Rail traffic by 2.15% in the year. The break-up is as under :-

 

ICD TRAFFIC (TEUs)

2009-10

2010-11

% Variation wrt previous year

IMPORT

92,408

94,059

1.79

EXPORT

102,632

105,178

2.48

TOTAL

195,040

199,237

2.15

NO. OF RAKES

2,029

1,682

-17.10

 

ICD Traffic : NSICT

 

A total of 385,159 TEUs and 1,782 rakes handled during the year 2010-11 at NSICT, as against 413,919 TEUs and 1,866 rakes in the previous year, showing decline in rail traffic by 8.46%.  The break-up is as under :-

 

ICD TRAFFIC (TEUs)

2009-10

2010-11

% Variation from previous year

IMPORT

218,902

189,794

-13.30

EXPORT

195,017

195,365

0.18

TOTAL

413,919

385,159

-6.95

NO. OF RAKES

1,866

1,782

-4.50

 

 

ICD Traffic : GTICT

 

A total of 422,345 TEUs and 2,766 rakes handled during the year 2010-11 at GTICT, as against 467,193 TEUs and 2,766 rakes in the previous year, showing decline in rail traffic by 4.98%. The break-up is as under :-

                                                              

ICD TRAFFIC (TEUs)

2009-10

2010-11

% Variation from previous year

IMPORT

282,555

256,421

-9.25

EXPORT

184,638

165,924

-10.14

TOTAL

467,193

422,345

-9.60

NO. OF RAKES

2,911

2,766

-4.98

 

GENERAL

 

Cargo Handling at Anchorage:  136,385 tonnes HSD on account of ONGC was handled at JNPT anchorage.

 

VESSEL PERFORMANCE

 

Average Berth Stay :

 

Types of vessel

Average on berth stay in days

2009-10

2010-11

Container: JNPCT

1.15

1.23

                 NSICT

0.90

1.04

                 GTICT

0.54

0.56

Dry bulk

3.71

3.31

Break bulk

1.75

2.08

Liquid

1.26

1.38

Overall

0.93

1.03

 

Average Pre-Berthing Waiting Time:

 

Types of vessel

Average  pre-berthing waiting time

(port account in days)

2009-10

2010-11

Container: JNPCT

0.34

0.95

                NSICT

0.13

0.24

                GTICT

0.03

0.05

Dry bulk

0.61

1.07

Break bulk

0.27

1.24

Liquid

0.88

1.58

Overall

0.27

0.57

 

Average Turn round time (Total = port a/c + non port a/c):

 

Types of vessel

Average turn round time(total)

(days)

2009-10

2010-11

Container: JNPCT

1.98

2.87

                NSICT

1.60

2.21

                GTICT

1.08

1.22

Dry bulk

6.19

5.86

Break bulk

2.25

4.30

Liquid

4.27

5.77

Overall

2.02

2.67

  

Average Parcel Size:

 

Types of vessel

Average parcel size

2009-10

2010-11

Container: JNPCT

16,154 Tonnes

1,181 TEUs

17,023 Tonnes

1,229 TEUs

                 NSICT

29,701 Tonnes

2,217 TEUs

33,195 Tonnes

2,428 TEUs

                 GTICT

18,720 Tonnes

1,494 TEUs

20,275 Tonnes

1,617 TEUs

Dry bulk

15,343 Tonnes

13,468 Tonnes

Break bulk

1,531 Tonnes *

2,310 Tonnes

Liquid

13103 Tonnes

14,039 Tonnes

Over all

19,583 Tonnes

1,611 TEUs

20,528 Tonnes

1,712 TEUs

 

Output Per Ship Berth Day:

 

Types of vessels

Output per ship berth day

2009-10

2010-11

Container: JNPCT

14,668 tonnes

1,064 TEUs

14,171 tonnes

1,030 TEUs

                 NSICT

32,966 tonnes

2,463 TEUs

31,947 tonnes

2,337 TEUs

                GTICT

34,881 tonnes

2,768 TEUs

36,138 tonnes

2,882 TEUs

Dry bulk

4,135 tonnes

4,068 tonnes

Break bulk

876 tonnes

1,109 tonnes

Liquid

10,373 tonnes

10,141 tonnes

Over All

25,627 tonnes

2,265 TEUs

24,849 tonnes

2,245 TEUs

 

Berth Occupancy:

 

Types of berth

Berth occupancy (%)

2009-10

2010-11

Container berth: JNPCT

63.25

72.93

                         NSICT

85.37

92.68

                         GTICT

53.90

54.79

Shallow Draught Berth (SB-02 and 03)

52.20

76.70

Liquid Berth (BPCL)

85.18

88.56

 

 

MANAGEMENT TEAM

 

Mr. L. Radhakrishnan,

Chairman

 

Mr. L. Radhakrishnan, I.A.S has taken over as Chairman, Jawaharlal Nehru Port Trust on 30th September 2010.

 

Mr. Radhakrishnan belongs to 1984 batch of Indian Administrative Service (Kerala Cadre). He has a B. Sc. (Hons.) from Bangalore University, Masters in HR Management from University of Kerala, M.B.A. from IIM Bangalore in Public Policy and Management with specialisation in infrastructure and a term in Maxwell School U.S.A. in Public Policy and a two-year Post Masters Degree in International Public Administration from Ecole Nationaled’ Administration, Paris.

 

Prior to joining JNPT, Mr. Radhakrishnan was Principal Secretary to the Government of Kerala for Water Resources and Chairman, Kerala Water Authority. In the Port Sector, besides five years as Secretary, he has five years experience as Trustee of Cochin port Trust, four years as Managing Director and CEO of Vizhinjam International Seaport Limited Earlier he was Principal Secretary of both Power and Ports Departments with additional charge as Chairman and Managing Director, Kerala State Power Finance and Infrastructure Corporation, Secretary Co-operation, Forests, Ports and Higher Education, Secretary (Industries). He has over 20 years experience as Managing Director and CEO of Public Enterprises like Kerala Minerals and Metals Limited, KELTRON, State Cashew Development Corporation Limited, State Cooperative Marketing Federation and Co-operative Agricultural and Rural Development bank, etc.

 

Mr. N. N. Kumar,

Deputy Chairman

 

Mr. N.N. Kumar, a Post Graduate in Science from Patna University, was also awarded Fellowship CSIR, Delhi. After joining Indian Revenue Service in 1984, he worked in Income Tax Department in various capacities at Kolkatta, Mumbai, Delhi, Nagpur, Agra and Aurangabad.

 

He has headed special investigation Units for Tax Enforcement. He has a vast experiment of Tax Administration as well as general Administration. He has also headed unit dealing in Administration, Personnel and Vigilance functioning of Income Department, Delhi. He had attended Tax Administration and management Training Programme organized by the Treasury Department of USA. He has a participated in international tax conference of IRS in USA.

 

Besides this, he is an avid reader with in-dept knowledge of finance Fiscal Statutes and corporate laws. He has keen interest in technology and e-governance. He is a budding Poet and also a Blogger.

 

Mr. A. P. Srivastav,

Chief Vigilance Officer

 

Mr. A.P. Srivastava, as a Chief Vigilance Officer maker the role of vigilance at JNPT more positive and proactive.

 

Chief Vigilance Commissioner of India created this post. As JNPT is one of the port which not only generates a substantial amount of revenue for the country having huge development potential but also the first port in setting up a PPP model which has been immensely successful having a Chief Vigilance Officer (CVO) as a Joint Secretary at Central Government level was thought to be necessary. Only Mumbai Port Trust has the CVO sanctioned at this level while the other ports have a CVOs at a Director level to Government of India, he clarified.

 

He said, CVC urgently identified the need for CVO also at this port to separate the top managements role in reviewing its own decisions while functioning as CVO and possibly diluting the effectiveness of the vigilance.

 

 

Mr. S. K. Kaul,

Chief Manager (Administration)

 

Administration is the backbone of any organization and admits that the distinction lies in the port itself in comparison to other ports, says Mr. S. K. Kaul Chief Manager (Administration) and Secretary, JNPT.

 

Mr. Kaul, a man of utmost simplicity, devoted to betterment of the port from the bottom line to administer everything related to port, its employees, terminal partners, port users, shipping lines, associates as well as media. The man with the vision of smooth sailing of JNPT and a professional administrator.

 

 

Mr. S. N. Maharana,

Chief Manager (Operations)

 

Graduated in the Electrical Engineering from the University College of Engineering, Burla, Sambalpur University, Orissa, in the year 1979.

 

Obtained P.G. Diploma in Materials Management and Diploma in Information Technology from CMC Limited.

 

Has wide experience in the Materials Management and Engineering Services Division, consisting of Workshop, Autogarage and Electrical Maintenance Sections. In addition to this, has rich experience in Project Management as well as Operation and Maintenance management of various bulk and containerized cargo handling systems.

 

Mr. G. Senthilvel,

Chief Manager (Finance)

 

Mr. G. Senthilvel, M. Com., M.B.A. , Associate member of ICWA of India has taken over charge as Chief Manager (Finance), Jawaharlal Nehru Port Trust with effect from 21st June 2010. Prior to this assignment, he was Financial Adviser and Chief Accounts Officer in Kardla Port Trust from 3rd December 2008 to 20th June 2010. He was a visiting Faculty of Indian Maritime University and conducted classes on Port Financial Management, Project Management - Financial aspects, Internal Audit, Cost Control, etc. He has varied experience of 25 years in Port Sector. In addition to his professional qualification, he has completed PG Diploma in Labour Administration.

 

Shri A.J. Lokhande,

Chief Manager, Port Planning and Development

 

Mr. A.J. Lokhande has taken over as Chief Manager, Port Planning and Development, Jawaharlal Nehru Port Trust on 18th August, 2012.  He has B.E. (First Class with Distinction) from Shivaji University, Kolhapur and Post Graduate Diploma in Port Planning and Coastal Engineering from International Institute of Hydraulic Engineering Delft (The Netherlands).

 

Prior to this assignment, he was Chief Engineer, Mormugao Port Trust, Goa from 27th January, 2006 to 16thAugust, 2012. He worked in various capacities in Mumbai Port Trust over 25 years and was Head of Planning and Development Wing for 6 years and Incharge Offshore Container Terminal of Mumbai Port Trust. Mr. Lokhande has wide experience in Port Planning as well as Project Management of Major Infrastructure Port Projects.

 

 

PRESS RELEASES:

 

3rd April 2012

 

JNPT Handled Record Traffic during FY 2011-12  

 

Mr. L. Radhakrishnan, IAS, Chairman, JNPT, being congratulated for JNPT's performance in 2011-12 by Mr. Alpesh Sharma, CEO, DP World. Also seen are Mr. N.N. Kumar, IRS, Dy. Chairman, JNPT, Mr. Pradeep Aagarwal, CEO, APM Terminal.

 

In the customary meeting with the Port Customers and other stake holders/agencies, the Chairman JNPT, Mr. L. Radahkrishnan, IAS announced that the JN Port handled 65.75 million tonnes of total cargo during the financial year 2011-12, which is an all- time record for JNPT. The containerized cargo was 58.25 million tonnes and liquid cargo was 6.66 million tonnes and remaining 0.84 million tonnes of dry bulk and break bulk.

 

JN Port handled 4.32 million TEUs of container traffic during the financial year 2011-12 surpassing the previous highest of 4.27 million TEUs during the 2010-11. Out of the total traffic of 4.32 million TEUs, the share of JNPCT was 1.03 million TEUs, the share of NSICT was 1.40 million TEUs, and remaining 1.89 million TEUs were contributed by M/s. APM Terminals, Mumbai (APMT). JN Port remains largest the first among all the major ports in India in container handling with the market share of 55.63%.

 

Highlights:

 

1)       JNPT's own terminal JNPCT increased its throughput by 19.72% over last year in terms of tonnage and 17.3% over last year in terms of TEUs. However, NSICT reduced its throughput by 8.8% in terms of TEUs with respect to the last year.

 

2)       The total traffic of 65.75 million tonnes and container traffic of 4.32 million TEUs is also the highest since the inception of the Port.

 

3)       JNP Container Terminal crossed more than 1 million TEUs/14.53 million tonnes - a growth of 19.72% year on year .

 

4)       Container traffic of 1.89 million TEUs handled at M/s. APMT, Mumbai is also the highest since the inception of the terminal. The previous highest was 1.86 million TEUs handled during the year 2010-11.

 

Addressing the gathering, Mr. L. Radhakrishnan stated that steps are underway to develop additional capacity to match the demand from trade by developing the 4th Container terminal of 4.8 million TEUs capacity and 330 meter quay extension of 0.8 million TEUs capacity . A second phase dredging project for deepening the channel up to 17 meter to accommodate new generation vessels is being prepared by TCE and Ernt and young jointly , SEZ of 267 ha. of area is being developed for first phase of land development , the 5th Mega container terminal at Nhava of additional 10 million TEUs capacity is being designed by M/s Scott Wilson, an additional liquid handling capacity of around four times will be result in a being designed by L and T Ramboll . Additional bulk/break bulk berths with modern facilities , captive berths, logistic parks and green initiatives for non-conventional energy and water conservation are other projects in the pipeline. The Chairman expressed gratitude for the support from port customers, terminal operators , employees, trade and other stake holders for the success of all JNPT's activities .

The Deputy Chairman, Mr. N.N.Kumar in his concluding remarks specially thanked CISF for providing excellent security and gave the credit for record achievement to the dynamic leadership of the Chairman Mr. L. Radhakrishnan.

 

 

Press Release Independence Day Celebrated at JNPT

 

(Shri L. Radhakrishnan, IAS, Chairman, JNPT, at the celebrations)

 

In the 66th Independence Day celebrations in Jawaharlal Nehru Port Trust, the National Flag was hoisted by Mr. L. Radhakrishnan, IAS, Chairman, JNPT. He was given the 'Guard of Honour' by the CISF JNPT Unit. Addressing the gathering, the Chairman recalled the sacrifice and valuable contributions of the freedom fighters. Highlighting the Port's performance and developments, he congratulated the employees, officers and CISF personnel.

 

Mr. N.N. Kumar, IRS, Dy. Chairman, Mr. AP Srivastava, IPoS, Chief Vigilance Officer and other senior officers of the Port also graced the occasion.

 


CMT REPORT (Corruption, Money Laundering & Terrorism]

 

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

 

1]         INFORMATION ON DESIGNATED PARTY

No exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

 

2]         Court Declaration :

No records exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

 

3]         Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

 

4]         Record on Financial Crime :

            Charges or conviction registered against subject:                                                  None

 

5]         Records on Violation of Anti-Corruption Laws :

            Charges or investigation registered against subject:                                                          None

 

6]         Records on Int’l Anti-Money Laundering Laws/Standards :

            Charges or investigation registered against subject:                                                          None

 

7]         Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

 

8]         Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

 

9]         Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

 

10]        Press Report :

            No press reports / filings exists on the subject.

 


 

CORPORATE GOVERNANCE

 

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

 

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

 

 

CONTRAVENTION

 

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.53.12

UK Pound

1

Rs.85.15

Euro

1

Rs.68.60

 

 

INFORMATION DETAILS

 

Information Gathered by :

SLP

 

 

Report Prepared by :

NTH

 


 

RATING EXPLANATIONS

 

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

-

NB

                                       New Business

-

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.