Cargo volumes up 13% in Indian ports in November
Cargo volumes in Indian ports grew by 13 percent in November to 48.2 million tonnes against 42.5 million tonnes in the year-ago period, mainly powered by iron and coal cargo traffic.
Mumbai: Cargo volumes in Indian ports grew by 13 percent in November to 48.2 million tonnes against 42.5 million tonnes in the year-ago period, mainly powered by iron and coal cargo traffic.
Cargo traffic also grew 3.4 percent in November over
the previous month.
"December is likely to witness a marginal growth due to
Christmas and the New Year, for which orders have already been
despatched to foreign countries. But the volume growth has not
been substantial," a top official of the Indian Ports
Association (IPA) told a news agency.
November witnessed the second-highest monthly cargo
traffic since April 2008.
Driven by a 41 percent growth in coal traffic,
Paradip Port, Orissa, witnessed the highest growth
year-on-year at 43 percent, followed by Chennai Port at 27
percent, where increase in container traffic pushed growth.
Overall, 12 ports registered a cargo traffic growth in
November with Visakhapatnam posting a 19 percent and Mumbai
an 18 percent growth.
Solid cargo constituted 50 percent of the total cargo
at major ports followed by liquid cargo (32 percent) and
containers (18 percent), according to IPA data.
Three ports on the east coast -- Chennai, Tuticorin
and Kolkata -- clocked a growth in container traffic, while
JNPT`s container traffic declined by 4.4 percent in the
year-to-date FY 10 period.
JNPT is in close proximity to Mumbai.
The four ports cumulatively account for 57.8 million
tonnes (89 percent) of the total container traffic in the
country, the data said.