India: Major Ports Grow At 5.28 Percent
Mormugao Port registered a stupendous growth of 85.64 percent in traffic handling during the period April to July, 2016 as compared to the corresponding period last month. The average growth of the twelve Major Ports during the period between April- July stood at 5.28 percent.
The total traffic handled at Major Ports during April to July, 2016 was 212.78 MT against 202.11 MT handled during the corresponding period of previous year. Six ports namely Paradip, Visakhapatnam, V.O. Chidambaranar, Cochin, Mormugao and Kandla registered positive growth.
Mormugao Port registered growth of 85.64, Paradip stood second with growth of 17.75 percent, the third spot was taken by Vishakhapatnam at 13.75 percent, Kandla Port registered growth of 8.12 percent followed by Cochin and V.O. Chidambaranar at 5.42 and 0.02 percent repectively. The astounding growth rate of Murmagao Port was due to increase in Iron Ore (1462.69%) and Thermal & Steam Coal (167.16%) traffic.
Six ports registered negative growth namely Kamarakar Port, Jawaharlal Nehru Port Trust (JNPT), Kolkata Port (Kolkata Dock System (KDS) + Haldia Dock Complex (HDC), Mumbai Port Trust, Chennai Port and New Manglore Port Trust. Decline in Kamrajar Port growth was due to reduction in Thermal & Steam Coal Traffic by 8.96 percent followed by other Miscellaneous Cargo by 3.04 per cent.
During the period between April to July, 2016 Kandla Port handled the highest volume of traffic i.e. 35.85 MTs, followed by Paradip with 28.65 MTs, JNPT with 20.93 MTS and Vishakhapatnam at 20.90 MTs. Mumbai Port came a close 5th with 20.11 MTs, followed by Chennai Port (17.41 MTs), V.O. Chidambaranar (13.06 MTs), New Manglore Port Trust (11.58 MTs), Kamarajar Port (10.12 MTs), Mormugao Port (99.54 MTs), Cochin Port (78.24 MTs) and Kolkata Port (KDS (5386)+HDS (10,966)– 16,352 MTs).
Among the commodities, POL (Petroleum, Oil & Lubricants) percent share was maximum with 31.98 percent, followed by container (19.5 percent), Thermal & Steam Coal (16.87 percent), Other Miscellaneous Cargo (11.52 percent), Coking & Other Coal (8.18 percent), Iron Ore & Pellets (5.55 percent), Other Liquids (4.09 percent), Finished Fertilizers (1.26 percent) & FRM (1.05 Percent).
Apart from Fertilizer (-11.36 percent) and FRM (-9.49 percent) all other commodities registered positive growth. Iron ore traffic registered the highest growth of 124.85 percent, while Coking & other Coal traffic registered the least growth of 0.57 percent.