FCC

Navayuga Container Terminal crosses 500,000-TEU milestone

2019-03-28

Navayuga Container Terminal (NCT) reached an important milestone on March 27, 2019, by handling 500,000 TEU for the first time in a financial year. The half-millionth TEU was handled on vessel M.V. SSL Kutch. NCT witnessed stellar volume growth of almost nine-fold increase in the five-year period starting from a modest 58,577 TEUs in FY 2013-14. Commenting on the development, Anil Yendluri, Director & CEO, Krishnapatnam Port Co said, ?NCT has taken giant strides in getting established as a transshipment hub on the east coast of India and we are working towards making it the hub port in the Bay of Bengal.?

Jithendra Nimmagadda, Chief Operating Officer, NCT, commented, ?Reaching this milestone would not have been possible without the strong partnerships forged with shipping lines wherein by working together we assure the speed, transparency, and fluidity our shippers have come to expect from NCT.? He further added, ?We are further expanding our terminal capacity from 1.2 million TEUs to 2 million TEUs by the end of 2019 to be ahead of the demand.?

Commenting on the milestone, Vinita Venkatesh, Director (Marketing), NCT, said, ?This milestone paves the way to achieve one million TEUs in the near future by providing customer-centric services.?