Major boost in economy of Indian ports; registers growth of 3.91% during April to June this year

12 Jul 2018 10:28:01

New Delhi, July 12: Economy in India has flourished since three years due to good governance and favourable trade conditions. Therefore, major ports of the country have recorded a resounding growth of 3.91% and together handled 174.02 Million Tonnes of cargo during the period April to June this year. Kamarajar Port has registered the highest growth.

 

Notably, the major ports in India have recorded a growth of 3.91% and together handled 174.02 Million Tonnes of cargo during the period April to June this year as against 167.48 Million Tonnes handled during the corresponding period of previous year.

Nine ports such as Kolkata including Haldia, Paradip, Visakhapatnam, Kamarajar, Chennai, Cochin, New Mangalore, JNPT and Deendayal (Kandla) Port have registered positive growth in traffic.

Cargo traffic handled at Major Ports:

The highest growth was registered by Kamarajar Port (11.93%), followed by Kolkata including Haldia (10.21%), Paradip (9%), Cochin 7.85%) and Visakhapatnam (7.24%)

Kamarajar Port growth was mainly due to increase in Other Liquids by 29.63%, Other Misc. Cargo by 15.06%, POL by 7.51% and Thermal & Steam Coal by 4.93 %.

In Kolkata Port, overall growth was 10.21%. Kolkata Dock System (KDS) registered traffic growth of 2.82%. Whereas Haldia Dock Complex (HDC) registered an impressive growth of 13.49% which is highest among all the Major Ports.

Commodity-wise percentage share of POL was maximum i.e. 30.36%, followed by Container (20.36%), Thermal & Steam Coal (16.26%), Other Misc. Cargo (12.41%), Coking & Other Coal (7.49%), Iron Ore & Pellets (6.47%), Other Liquid (4.06%), Finished Fertilizer (1.42%) and FRM (0.9%).

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