Focus: GS I- Geography
Why in News?
Recently, Jawaharlal Nehru Port became the first major port of the country to become a 100% Landlord port of India having all berths being operated on PPP model.
About Jawaharlal Nehru Port
- Navi Mumbai, where it is located, is India’s top port for handling containers, handling around half of all the country’s main ports’ volume of containerized cargo.
- JNP was established in 1989, and in the three decades since it has been in operation, it has evolved from a bulk-cargo terminal to the top container port in the nation. It is currently ranked 26th among the top 100 global ports (as per Lloyds List Top 100 Ports 2021 Report).
- With its cutting-edge amenities, welcoming environment, and superb rail and road connectivity to the hinterland, JNP satisfies all international requirements.
- It is presently handling 9000 twenty-foot equivalent units (TEUs) capacity vessels and with the upgradation, it can handle 12200 TEUs capacity vessels.
What is Landlord Port?
- In this model, private enterprises handle port operations, primarily cargo-handling activities, while the publicly run port authority serves as a regulatory body and a landlord.
- Here, the infrastructure is leased to private companies who install their own equipment to handle cargo and provide and maintain their own superstructure, while the port authority retains ownership of the port.
- In return, the landlord port gets a share of the revenue from the private entity.