Port organization & management
- 1. Port Organization & Management Submitted by: Arpan Khanna
- 2. Introduction India has 13 major ports 200 non-major ports Cargo traffic is reached 1,758 MMT by 2017 play a vital role in sustaining growth in the country’s trade and commerce. India currently ranks 16th among maritime countries coastline of about 7,517 km. Around 95 per cent of India's trade by volume and 70 per cent by value takes place through maritime transport Has allowed foreign direct investment (FDI) of up to 100 per cent
- 3. Port Community System Stakeholders Ports Shipping lines/Shipping Agents Customs House Agents/Importer/Exporters Banks Stevedors CONCOR/Railways/Pvt Railways Operators Container Freight Stations Customs, etc It is a system or group created by multiple companies to communicate with each other
- 4. Role of Port Authority Investment: Power to approve proposals for port investments in amounts above a certain figure. Financial policy: Power to set common financial objectives for ports (for example, required return on investment defined on a common basis Tariff policy: Power to regulate rates and charges as required to protect the public interest. Labor policy: Power to set common recruitment standards, a common wage structure, Licensing: When appropriate, power to establish principles for licensing of port employees or agents. Information and research: Power to collect, collate, analyse, and disseminate statistical information on port activity for general use, Legal: Power to act as legal advisor to local port authorities.
- 6. Port Finance & Operations A port authority should have as a principal objective the full recovery of all port- related costs including capital costs, plus an adequate return on capital. Use of funds as: • Maintain internal cost discipline. • Attract outside investment and establish secure long-term cash flows. • Stimulate innovation in the various functional areas • Generate internal cash flows needed to replace and expand port infrastructure and superstructure. • Compete according to the rules of the market system • Avoid dissipation of the port authority’s asset
- 7. Port Function Regulator of economic activity and operations. Regulator of marine safety, security, and environmental control. Planning for future operations and capital investments. Operator of nautical services and facilities. Marketer and promoter of port services and economic development. Cargo handler and store. Provider of ancillary activities.
- 8. Growth & Status Market size During FY18, cargo traffic at major ports in the country was reported at 679.36 million tonnes (MT). In FY19P (up to February 2019) traffic increased by 2.79 per cent year-on-year to reach 633.87 million tonnes. The major ports had a capacity of 1,452 million tonnes by FY18 end.