PSA Mumbai exceeds 2 million TEU mark

PSA Mumbai exceeds 2 million TEU mark in 2023

PSA Mumbai, based in Jawaharlal Nehru Port (JNP) in Maharashtra, has handled over 2 million TEU in 2023.

Container volume increased by 30 per cent year-on-year (YoY) throughout the year, with the terminal processing over 2,000 container rakes and docking 834 ships.

To commemorate this significant milestone, PSA Mumbai hosted a grand celebration on 5 January 2024, attended by esteemed customers, government officials, and industry associations.

READ: PSA Mumbai commissions 1MW solar farm

The terminal has reportedly invested substantially in state-of-the-art equipment, advanced digital systems, and training to optimise efficiency and productivity.

Phase 2 of PSA Mumbai is anticipated to be operational by the first quarter of 2025. This expansion is scheduled to create new opportunities for the Export-Import (EXIM) community to leverage the new facilities and support the growth of the Indian logistics sector.

Vincent Ng, PSA’s Regional CEO of Middle East and South Asia, stated: “With a staggering 30 per cent year-over-year growth, PSA Mumbai joined an elite club of container terminal models in 2023 after handling 2 million TEU in a single year. In addition to its extraordinary expansion, PSA Mumbai has led the way in creative and ground-breaking sustainability projects.

“Without the assistance of its numerous stakeholders, PSA Mumbai would not have been able to succeed. For this reason, I would like to sincerely thank JNPA.”

READ: PSA Mumbai partners with O2 Power on solar farm project

Gobu Selliaya, CEO PSA India, said: “With unwavering commitment and dedication, PSA Mumbai has reached the remarkable milestone of handling 2 million TEU within six years of operations.

“This achievement is a testament to our relentless pursuit of operational excellence and the trust placed in us by partners and customers. As we celebrate this achievement, we look forward to continue setting new benchmarks and delivering exceptional value to support India’s supply chain and economic growth.”

This month, PSA Mumbai reached a significant milestone in its emissions reduction path with the commissioning of its 7.8 megawatt (MW) solar farm with O2 Power.

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