JSW forays into port operations in UAE

JSW Infrastructure (JSWIL) signed an agreement with Port of Fujairah for management of mechanised bulk cargo handling terminals on November 8, 2016. This is first foreign venture by JSW Infrastructure. The Port of Fujairah has selected JSW Infrastructure to establish partnership for its expertise and experience in port operation and management. Capt Mousa Murad, Director General of Port of Fujairah along with other port officials visited the JSW Headquarters in Mumbai for signing of this agreement. The Port of Fujairah is one of the largest ports in UAE which handles more than 150 MT per annum. It handles all types of cargo like dry and liquid bulk, crude, break bulk and containers. The port has minimum 15 metre draft and can handle bigger vessels. Container traffic of this port is managed by DP World and now JSWIL will be responsible for mechanised bulk cargo handling at its bulk terminals.

The Port of Fujairah started operations in 1983, and since then has developed facilities for handling all types of cargo like dry and liquid bulk, containers, bunkering operations. The port has the second largest bunkering facility in the world. It is located in UAE´s east coast which is nearest to the Indian west coast ports. The Port of Fujairah is being used for limestone and aggregate imports by Indian steel and cement producers.

JSWIL has a developed greenfield multi-cargo port at Jaigarh in Ratnagiri district. It is also operating terminals at Mormugao Port, Goa and Dharamtar Port in Raigarh District in Maharashtra. The total present capacity at all the three port facilities is more than 45 MT per annum.

Last year, JSWIL won the bid for development of an iron ore export terminal and a coal export terminal at Paradip Port. The total capacity of these terminals will be 40 MT per annum. It is expected that these terminals will be operation in FY 2018-19.

JSWIL plans to develop 200 MT cargo handling capacity at its port facilities through greenfield and brownfield expansion by 2020.