The Hindu Business Line : Gateway Terminals handles 1 m TEUs

Giving this information to Business Line, Mr Arvind Bhatnagar, CEO of GTI, said the target for 2008 (calendar year) set at 1.45 million TEUs, would be achieved. In 2007, the throughput was 1.17 million TEUs.

Slowdown impact

Till October, as Mr Bhatnagar said, the impact of the economic slowdown was not felt. “The impact is being felt only now, in November,” he said, pointing out that the drop in throughput so far in the current month had been around seven per cent.

He was not sure of achieving the target for next year (2009) set at 1.8 million TEUs. “The impact might be more next year but we’re not sure; it is too early,” he observed.

Meanwhile, GTI posted national record in operational productivity by doing 2,706 moves, comprising 1,461 discharge and 1,245 loading of the vessel MV Maersk Damietta.

Mr Bhatnagar informed that two high capacity quay cranes (RMQCs) from China would start arriving from December and start operation from the first quarter of next fiscal.

Meanwhile, yard cranes, popularly known as RTGs (manufactured by Finnish company Kalmar in China), have started arriving. A total of 11 such cranes were being acquired by GTI, he added.

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