Gujarat Pipavav Port Limited (GPPL) reported a mixed operational performance for Q2FY26. While container train handling declined 10.68% year-over-year to 461 trains, the port saw robust growth in dry bulk, liquid cargo, and Ro-Ro volumes. Diversified cargo handling helped offset challenges in the container segment, reflecting shifting trade dynamics.
Gujarat Pipavav Port’s Q2FY26 Operational Snapshot:
Gujarat Pipavav Port, a key maritime gateway on India’s western coast, released its Q2FY26 operational data, revealing a nuanced performance across cargo segments. Despite headwinds in container movement, the port demonstrated resilience through strong growth in other verticals.
Key operational highlights:
• Container trains handled: 461 in Q2FY26, down from 515 in Q2FY25 — a 10.68% decline year-over-year
• Containers moved via rail: 111,000 TEUs, a 5.93% drop from last year’s 118,000 TEUs
• Overall container volume: 164,000 TEUs, marking an 8.38% decrease from 179,000 TEUs in Q2FY25
Cargo diversification highlights:
• Dry bulk cargo surged 128.26%, reaching 1.05 million metric tonnes (Mn MT), up from 0.46 Mn MT
• Liquid cargo rose 15.15%, totaling 0.38 Mn MT compared to 0.33 Mn MT last year
• Ro-Ro traffic jumped 69.70%, with 56,000 units handled versus 33,000 units in Q2FY25
Strategic implications:
• The decline in container train movement aligns with broader global trade slowdowns and regional economic shifts
• GPPL’s diversified cargo portfolio helped cushion the impact, showcasing operational agility and strategic foresight
• The port’s connectivity to hinterland markets via rail and road continues to be a strength, especially for bulk and Ro-Ro segments
Looking ahead:
While container volumes remain under pressure, GPPL’s performance in dry bulk and Ro-Ro segments signals a pivot toward more resilient cargo categories. The port’s ability to adapt to evolving trade patterns will be crucial in sustaining throughput and stakeholder confidence.
Sources:
ScanX News
InvestyWise
APM Terminals Pipavav