Essar Ports eyes V shaped recovery
Green shoots of economic recovery boost Essar Ports’ cargo handling in Q1 to 11.23 million tonnes Mumbai, 07 July 2020: Between March and May this year, the longest lockdown of the world was imposed across India to check the spread of COVID-19. Business operations came to a halt and all industries were affected. In the first […]
Essar Ports’ cargo handling grows by over 23 percent in FY19-20
Mumbai, 8 April 2020: Essar’s Ports business, which operates four terminals on the east and west coasts of India, has registered a 23.5% growth in cargo volumes in FY 2019-20, with a throughput of 49.22 million tonnes (MT). In terms of their fourth quarter performance, the terminals recorded a 4.63% growth in cargo, with a throughput […]
Arun Kumar Jain appointed Operating Partner of Essar’s Projects business
Mumbai, 5 February 2020: Essar Global Fund Ltd (EGFL) today announced the appointment of Mr Arun Kumar Jain as Operating Partner of its Projects business, a key portfolio business of EGFL. He will be a member of the Board. In the past five decades, Essar Projects has delivered mega projects worth over US $10 billion across […]
Essar Ports grows cargo handling by over 20 percent in Q3 FY2019-20
Mumbai, 30 January 2020: Essar’s ports business, which operates four terminals on the east and west coasts of India, has registered a 20.09% growth in cargo volumes in the third quarter of the current financial year with a throughput of 14.02 million tonnes (MT). Q3 FY20(in MT) Q3 FY19(in MT) Growth Overall cargo 14.02 11.67 20.09% […]
Essar Ports gives shape to Gujarat Maritime Board’s vision with Hazira Passenger Ferry Terminal
Sneak-peek at Essar’s Hazira Ferry Terminal —– Media Release —— Hazira, 15 November 2019: Essar Bulk Terminal Ltd (EBTL), a part of Essar Ports, said it has completed work on the Passenger Ferry Terminal that has paved the way for a cruise-based passenger ferry service, commencing today, between Hazira Port in Surat and Bandra-Worli Sea Link […]
Essar Ports posts record cargo growth of 20.07% in H1FY20
Mumbai, 22 October 2019: Essar’s Ports business, which operates four terminals on the east and west coasts of India, has registered a 20.07% growth in cargo volumes with a throughput of 27.29 Million Tonnes (MT) in the first half of FY2019-20. The growth has been driven by a 183.21% increase in third-party cargo compared to that […]
Robust Q1 ushers Essar Ports closer to 60 MT cargo handling target
Mumbai, 21 August 2019: Essar Ports today said higher capacity utilisation at its recently commissioned terminals at Salaya and Vizag, and an increase in third-party cargo, were the two key factors that will help the Company achieve its target of handling 60 million tonnes of cargo by 31 March 2020. The Company’s first quarter cargo handling […]
Robust Q1 ushers Essar Ports closer to 60 MT cargo handling target
Mumbai, 21 August 2019: Essar Ports today said higher capacity utilisation at its recently commissioned terminals at Salaya and Vizag, and an increase in third-party cargo, were the two key factors that will help the Company achieve its target of handling 60 million tonnes of cargo by 31 March 2020. The Company’s first quarter cargo handling […]
Essar Ports’ Salaya Terminal registers 160% cargo growth in Q1
Salaya, 07 August 2019: Essar Ports’ 20 MTPA Essar Bulk Terminal Salaya Ltd (EBTSL), which operates the deepest draft terminal in Gujarat’s Saurashtra region, has clocked a cargo throughput of 1.3 MT (million tonnes) in the quarter ended 30 June 2019. The performance marks not only a 160% growth in cargo handling over the corresponding quarter […]
Essar Port’s Vizag Terminal registers 45% cargo growth; triples third-party cargo handling
Mumbai, 01 August 2019: Essar Vizag Terminal Limited (EVTL), that operates the 24 MT (million tonne) Vizag terminal, which is India’s largest integrated iron ore handling complex located on the outer harbour of Visakhapatnam Port, today announced a 45% growth in overall cargo throughput in the quarter ending 30 June 2019. The significant growth in overall […]
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