Indian Economy News

Major Ports in India register positive growth of 4.77 per cent during 2017-18

New Delhi: The major ports in India have recorded a growth of 4.77 per cent and together handled 679.35 Million Tonnes of cargo during the period April 2017 to March 2018 as against 648.39 Million Tonnes handled during the corresponding period of previous year.

Nine Ports - Kolkata (including Haldia), Visakhapatnam, Paradip, Kamarajar, Chennai, Cochin, New Mangalore, JNPT and Deendayal also registered positive growth in traffic.

Cargo traffic handled at Major Ports:

Cochin Port registered the highest growth of 16.52 per cent, followed by Paradip 14.68 per cent, Kolkata (incl. Haldia)  13.61 per cent, JNPT 6.2 per cent and New Mangalore 5.28 per cent.

  • The growth at Cochin Port was mainly due to increase in traffic of Fin. Fertilizer (105.88 per cent), POL (20.62 per cent) and Containers (12.46 per cent).
  • In Kolkata Port, overall growth was 13.61 per cent. Kolkata Dock System (KDS) registered traffic growth of 3.45 per cent. Whereas Haldia Dock Complex (HDC) registered positive growth of 18.61 per cent which is highest among all the Major Ports.
  • Deendayal (Kandla) Port handled the highest volume of traffic 110.10 Million tonnes (16.21 per cent share), followed by Paradip with 102.01 Million Tonnes (15.02 per cent share), JNPT with 66.00 Million Tonnes (9.72 per cent share), Visakhapatnam with 63.54 Million Tonnes (9.35 per cent share) and Mumbai with 62.83 Million Tonnes (9.25 per cent share). Together, these five ports handled around 60 per cent of Major Port Traffic.
  • Commodity-wise percentage share of POL was maximum at 31.55 per cent, followed by Container 19.67 per cent, Thermal & Steam Coal 14.02 per cent, other Misc. Cargo 13.62 per cent, Coking & Other Coal 7.45 per cent, Iron Ore & Pellets 7.15 per cent, Other Liquid 4.33 per cent, Finished Fertilizer 1.11 per cent and FRM 1.11 per cent.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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