Thursday, December 13, 2007

CONCOR : PART 3 : JOINT VENTURES






In January 2006, the Indian Government opened up the container haulage sector to the private sector. 14 companies have entered the field which until recently was the sole domain of CONCOR.

CONCOR has entered into a number of joint ventures with private sector players, who will use Concor’s pan India infrastructure setup, till they are able to set up their own.
Concor has also taken stakes in port terminals and container terminals, to enable it to become a fully integrated player.
CONCOR signed Memorandums of Understanding (MOUs) for co-operation and co-share/use of resources with eight out of fourteen new entrants (PIPAVAV Railway Corporation Ltd, Central Warehousing Corporation, Gateway Distriparks, Hind Terminals, Mundra International Container Terminals. India Infrastructure Leasing Company, Delhi Assam Roadways and J.M. Baxi Group).

THE DADRI ICD
CONCOR’s inland container depot (ICD) complex at Dadri is a mega terminal spread over 110 hectares, connected by six railway lines, designed to handle 5,00,000 twenty-foot equivalent units (TEUs) per annum when fully operational. While a portion of the ICD has been developed by CONCOR on its own, the rest is being developed by entering into partnerships with private shipping lines who will manage the Container Freight Stations (CFSs) within the ICD independently.

Star Track Terminals Pvt. Ltd.: A Joint venture with Maersk India Pvt. Ltd. for setting up and running a CFS at Dadri, U.P. India (CONCOR shareholding 49%)
Trident Terminals Pvt. Ltd.: A Joint venture with APL India Pvt. Ltd. for setting up CFS at Dadri, U.P. India (CONCOR shareholding 49%)
Albatross CFS Pvt. Ltd.: A Joint venture with Transworld group of Companies for CFS at Dadri, U.P. India (CONCOR shareholding 49%)
CMA-CGM Logistics Park (Dadri) Pvt. Ltd: A joint venture with CMA-CGM Global India Pvt. Ltd. (CCGIPL) for CFS at Dadri, UP. India (CONCOR shareholding 49%)

JAWAHARLAL NEHRU PORT TRUST (JNPT) CONTAINER TERMINAL
Gateway Terminals India Pvt. Ltd.:
A Joint Venture with Maersk A/S, Copenhagen for the third container berth at JN Port, Mumbai. India (CONCOR shareholding 26%)

CONTAINER GATEWAY: A joint venture between Container Corporation of India and Gateway Rail Freight (a subsidiary of Gateway Distriparks). (CONCOR shareholding 49%)
The existing rail linked terminal at Garhi Harsaru, Gurgaon just outside the capital New Delhi, will be expanded into a mega terminal with connectivity to the proposed Western Dedicated Freight Corridor. The JV will provide connectivity for cargo from the national capital region (NCR) to the gateway ports of JN Port, Mundra and Pipavav.

JWG-Air Cargo Complex: A business arrangement with Hindustan Aeronautics Ltd. and Mysore Sales International Ltd. for air cargo business at Bangalore, Karnataka, India (CONCOR shareholding 33.33%)

Himalayan Terminals Pvt. Ltd.: A joint venture with\Nepalese Enterprises (Interstate Multimodal Transport Pvt. Ltd. of Nepal & Nepal Transit & Warehouse Co. Ltd.) for management and operation of rail container terminal at Birgunj (Nepal). Nepal (CONCOR shareholding 40%)

HALCON: A business arrangement with Hindustan Aeronautics Ltd. for operating an air cargo complex & ICD at Ozar airport, Nasik, Maharashtra, India (CONCOR shareholding 50%)

India Gateway Terminal Pvt. Ltd.: A joint venture with Dubai Port International (DPI) for setting up and managing Container Terminals at Cochin, India. CONCOR holds a 15% stake.

India Gateway Terminal (Cochin, India) of DP World, is the first terminal under DP World in India. It has taken over the operations of the Rajiv Gandhi Container Terminal from the Cochin Port Trust to further expand its global port operations. India Gateway Terminal Pvt Ltd are developers and operators of the major new deep water International Container Transshipment Terminal in Vallarpadam.
Vallarpadam’ is the largest single operator container terminal currently planned in India and the first in the country to operate in a special economic zone. The new terminal will make Cochin a key centre in the shipping world reducing India’s dependence on foreign ports to handle transhipment.


Integrated Infra Log Pvt. Ltd.: A joint Venture with IL&FS infrastructure Development Corporation Ltd. to carry on the business of establishing, acquiring, developing,
managing & maintaining logistic infrastructure, etc. India (CONCOR shareholding 50%)

Comprehensive Multi-modal logistics services
CONCOR has recently signed Memorandums of Understanding (MOUs) for alliances with strong road based majors like Transport Corporation of India and Reliance Logistics. Detailed commercial agreements will be signed in due course.
TCI and Reliance Logistics(a subsidiary of the Mukesh Ambani’s Reliance Industries) will now capitalise on the strength of container services provided by Concor's network spread across the country in rail transport and terminal handling, while Concor will use their road transport, shipping and warehousing network.

1 comment:

hemant said...

blog is informative............