Wednesday, August 7, 2019

Indian container traffic growth continues

Container traffic handled at the major Indian ports in the first three months of the current financial year, from April to June, totalled 2.57 million teu. This represents a 6.99% increase compared with the 2.41 million teu handled in the equivalent months of last year.
JNPT remains the country’s biggest container gateway, handling 1.31 million teu, up from 1.24 million in the first quarter of the 2018/19 financial year, an upturn of over 7%. Both Kolkata and Chennai ports, however, saw a slight decline their container volumes during this period, while there were gains for Vizag and Chidambaranar ports. The fastest growing major Indian container port in this quarter, though, was Deendayal, which handled 117,000 teu, up from just 56,000 teu in the same period of the previous year.
Overall, the major Indian ports handled 176.8 million tons of cargo in the first quarter of 2019/20, which was 1.52% higher than in the same period of 2018. The fastest growing commodity types were coking coal, with volumes up 16.88%, and iron ore, which rose by 15.33%.
Deendayal was the fastest growing major container port in India in the first quarter of the financial year

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