Cargo traffic at major ports up 12% in February: Indian Port Association

Cargo traffic in the country’s major ports rose 11.79 percent in February to 65.45 million tons from 58.55 million tons in the same month last year, according to the Indian Ports Association (IPA).

The positive growth in cargo traffic was recorded by all major ports except Visakhapatnam, Kamarajar and Chennai ports, it said.

India has 12 major ports – Deendayal (Kandla), Mumbai, Mormugao, New Mangalore, Cochin, Chennai, Ennore (Kamarajar), Tuticorin (VO Chidambaranar), Visakhapatnam, Paradip and Kolkata (including Haldia) and Jawaharlal Nehru Port.

Deendayal Port recorded the highest cargo growth for the month at 26.98 percent, followed by VO Chidambaranar Port at 26.04 percent and Paradip Port at 23.63 percent.

The JNPA and Port of Mumbai, among others, saw an annual increase in cargo traffic of 18.21 percent and 11.85 percent, respectively, in February 2023.

The port of Chennai’s total cargo traffic fell 12.65 percent, while the port of Visakhapatnam’s cargo traffic fell 5.62 percent in the previous month compared to the same period last year, IPA said.

Similarly, cargo traffic at the port of Kamarajar fell by 3.53 percent. At the port of Chennai, the drop in cargo traffic was due to a 33.33 percent drop in other liquids and a 19.18 percent drop in container tonnage, it said.

Cargo traffic through these ports in April-February of the current fiscal year was 712.35 million tons, up 9.56 percent from 650.20 million tons in the same period in 2021-2022, IPA said.

With the exception of Mormugao ports, all major ports recorded positive growth in April-February of FY23 compared to April-February of FY22, it said.

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