{"id":122910,"date":"2021-10-14T14:48:37","date_gmt":"2021-10-14T14:48:37","guid":{"rendered":"https:\/\/fin2me.com\/?p=122910"},"modified":"2021-10-14T14:48:37","modified_gmt":"2021-10-14T14:48:37","slug":"apm-terminals-pipavav-loads-100th-lpg-rake-within-10-months-of-operations","status":"publish","type":"post","link":"https:\/\/fin2me.com\/industries\/apm-terminals-pipavav-loads-100th-lpg-rake-within-10-months-of-operations\/","title":{"rendered":"APM Terminals Pipavav loads 100th LPG rake within 10 months of operations"},"content":{"rendered":"
APM Terminals Pipavav said, on Thursday, it has loaded its 100th LPG rake within 10 months of operations through LPG rake handling facility set up jointly with Aegis Logistics Ltd.<\/p>\n
\u201cThe port has provided a dedicated DFC-compliant rail line for safer and faster evacuation of LPG since the operationalisation of the rake handling capacity became in January this year, thereby reducing dependency on road movement,\u201d the private port operator said in a release.<\/p>\n
\u201cAPM Terminals Pipavav is one of the few ports in the country that has LPG rail siding within the port that can accommodate placement of full rake that carries approximately 1,200 MT of LPG cargo which is equivalent to 66 gas tankers on road,\u201d it said.<\/p>\n
\u201cEvacuating the 100th LPG rake in such a short span of time is testimony of our operational excellence. The technology advancement enables automatic rake handling reducing manual intervention thereby improving cargo turnaround time,\u201d said Jakob Friis Sorenson, Managing Director, APM Terminals Pipavav.<\/p>\n
\u201cWith robust LPG demand envisaged, the port believes that faster evacuation of LPG through rail route would provide a quick and an environment-friendly alternative for the companies importing LPG,\u201d he said.<\/p>\n
Oil PSUs Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited, and Bharat Petroleum Corporation Limited are the major importers of LPG.<\/p>\n
A gateway port for containers, Ro\/Ro (passenger cars), liquid and dry bulk cargo, the port caters to the northwest region of the country from Gujarat.<\/p>\n
It is connected to north and west of the hinterlands via rail and road network.<\/p>\n
The port is a part of the APM Terminals global terminal network and its current annual cargo handling capacity includes 1.35 million TEU containers, 250,000 passenger cars, 2-million metric tons of liquid bulk and 4-million metric tonnes of dry bulk. <\/p>\n