IPPTA – New logo unveiled

 


 

 

 

As is well known, the Indian Private Ports & Terminals Association (IPPTA), was set up in January 2003 and registered under the Indian Societies Act and the Bombay Public Trusts Act to play a pivotal role in the Indian maritime industry by facilitating the development of a modern and vibrant port sector through the promotion of private ports and terminals which will co-exist and compete with state owned ports in a dynamic, healthy and level environment.

Though the concept of private ports was conceived in India in the 1980s, it gathered momentum only after the Govt., adopted liberalisation policy and enacted major economic reforms in 1991. While Pipavav was the first private port to come up in India, the major port trusts were allowed to explore private sector investments in creation of port related assets and other services, under the 1996 guidelines of the central Govt., and the first concessionaire agreement was signed at JNPT in 1997 in the form of NSICT.  This terminal (now owned by DP World) provided the necessary impetus to private sector initiatives in India and heralded a virtual revolution in container handling, as well.

Buoyed by the success of the PPP policy, a number of private terminals in major ports on BOT basis as well as greenfield ports have come up in the country. These include container terminals, liquid and dry bulk berths.  Today IPPTA membership comprises of more than 20 private ports and terminals and it has become as a collective forum to interact with the various stakeholders, including, the Govt. on the prospects and problems of the industry. While our members have, till date, invested more than Rs.7000 crores and set up the finest example of the PPP model in the port sector, the contributions made by the Association, over the years, have been duly recognised by the various arms of the Govt. and other associated trade and industry bodies.

It is a matter of pride that the share of cargo traffic handled by the private terminals is rapidly increasing and it is very likely that private ports take over the central Govt., owned major ports, as far as freight movement is concerned, sooner than expected. This can be noted from the fact that there has been a 400% jump in the volume of cargo handled by minor ports (many of which are privatised) in the last one decade. Further, the private terminals have proved to be significantly efficient and productive. The average daily output, the turnaround time and other performance parameters at the private terminals have been substantially higher than that at the port-owned terminals, for reasons well known.

However, notwithstanding the Govt’s ambitious programme for private participation and some of the success stories till now, there are few pricking issues which need to be resolved, for which IPPTA is in constant dialogue with the Ministry of Shipping. 

In its effort to serve the members, IPPTA is in the process of launching a number of initiatives for promoting privatisation and to assist the Govt in formulating suitable policies for the port sector.

In line with the above, IPPTA has launched a new logo to reflect its new avtaar.

The Shipping Secretary, Shri K. Mohandas, while complimenting the role played by IPPTA, unveiled the new logo at a small function held in Mumbai on the 12th Nov. 2010.