MEASURING EFFICIENCY OF VISAKHAPATNAM PORT TRUST AND JAWAHARLAL NEHRU PORT TRUST

Author Reg. ID: TIJER_100501

Published Paper Id: TIJER2302041

Published In: Volume 10 Issue 2, February-2023

Abstract: The role of ports in a country's international commerce is very significant, since 90% of international cargo is carried through water. So, port infrastructure development is vital for a country in order to increase international commerce, which in turn contributes significantly to the nation's economic growth. As a result, the functioning of a country's ports is crucial. This research paper analyses the efficiency of major Indian ports. It assesses efficiency in terms of Average Turnaround Time per Vessel (In Days) (TT), Average Pre-berthing Detention (in Days) (PBD), Average Output per Ship Berth Day (Tonnes) (OSBD) and Berth Occupancy (%) (BO). This paper uses 4 difference ratios to measure the efficiency of the Port trusts in India taking 2 major port trusts i.e., Visakhapatnam Port Trust (VPT) and Jawaharlal Nehru Port Trust (JNPT). The Data for the 5 years 2017 to 2021 is gathered and analysed using the independent sample t test. The analysis shows that there is a significant difference amongst the selected ports for two out of four ratios and it is for Average Turnaround Time and Average Output per Ship Berth-Day. Further the performance of JNPT is better than the VPT.

Keywords: Efficiency, Average Turnaround Time per Vessel, Average Pre-berthing Detention, Average Output per Ship Berth Day, Berth Occupancy, Port Trusts

Downloads: 000279

Page No: 284-290

Country: Jaipur, Rajasthan, India

Research Area: Commerce All

Published Paper URL: https://tijer.org/TIJER/viewpaperforall?paper=TIJER2302041

Published Paper PDF: https://tijer.org/TIJER/papers/TIJER2302041

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