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Home Banking & Finance

Major Ports register positive growth of 4.83%

Fiinews by Fiinews
December 11, 2018
in Banking & Finance, Economy, Exports, Imports, Manufacturing
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Kamarajar leads in cargo handling

 

India’s major ports in India have recorded a growth of 4.83% and together handled 461.21 million tonnes of cargo during the period April to November 2018 as against 439.96 million tonnes handled during the corresponding period of previous year.

For the period from April-November 2018, Nine Ports Kolkata (incl. Haldia), Paradip, Visakhapatnam, Kamarajar, Chennai, Cochin, New Mangalore, JNPT and Deendayal have registered positive growth in traffic, said the Shipping Ministry in a release on 10 Dec 2018.

Cargo traffic handled at Major Ports:

The highest growth was registered by Kamarajar Port (20.15%), followed by Cochin (11.73%), Paradip (9.73%), Kolkata [inc. Haldia] (8.52%) and Deendayal (7.37%) Kamarajar Port growth was mainly due to increase in traffic of Container (19.8%), Other Liquids (16.42%), Thermal & Steam Coal (10.71%) and POL (9.24%).

During the period April to November 2018, Deendayal Port handled the highest volume of traffic i.e. 77.33 million tonnes (16.77% share), followed by Paradip with 71.30 million tonnes (15.46% share), JNPT with 46.40 million tonnes (10.06% share), Visakhapatnam with 43.03 million tonnes (9.33% share) and Mumbai with 40.32 million tonnes (8.74%).

Together, these ports handled around 60.36% of Major Port Traffic. fiinews.com

Tags: Ministry of Shipping
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