Don’t miss the latest developments in business and finance.

Logistic data bank service begins at JNPT's 4th terminal

Image
Press Trust of India Mumbai
Last Updated : Nov 23 2016 | 5:42 PM IST
Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) today said it has commenced its logistic data bank service at fourth terminal of the Jawaharlal Nehru Port and also plans to expand the facility to other ports in the country.
"DMICDC's LDB service for tracking of container movement which began operations at three terminals at the JNPT has extended it to a fourth terminal, with discussions now underway to expand the pioneering service to other ports in the country," DMIDC said in a statement issued here.
LDB, a system for near real-time tracking of EXIM containers using RFID technology as they move across the western corridor of the country, was introduced in June at the JNPCT, NSICT and GTI terminals of the port where it has collectively tagged and de-tagged over 1.2 million containers so far.
The operations were recently extended to a fourth terminal at JNPT, the Nhava Sheva International Gateway Terminal, owned by Dubai Port World (DPW) which started its operations at the port from July this year.
LDB has already provided visibility to over 75,000 containers at NSIGT since the service began.
It is operated by the DMICDC Logistics Data Services, a joint venture of DMICDC and Japanese IT major NEC Corporation, with 50:50 equity participation.
"We are in advanced talks with the Gujarat Maritime Board and will hopefully be able to extend our services to some of the key ports in the state," said DMICDC Chief Executive and Managing Director Alkesh Sharma said.
DMIDC expects the demand for the service to increase further as more and more logistics industry stakeholders realise the potential of LDB in saving them time, money and resources and in streamlining their production plans.

Also Read

First Published: Nov 23 2016 | 5:42 PM IST

Next Story