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2009 November 18   06:51

India's major ports see 3.6% growth in April-October

The major ports - those under the jurisdiction of Central Government — handled a total of 314.63 million tonne (mt) traffic in April-October, registering a 3.6 per cent growth over the corresponding period last fiscal. The growth was primarily driven by POL (petroleum oil and lubricants), iron ore, and thermal coal.
Commodity groups that saw a dip in traffic during the seven month period of 2009-10 against the corresponding period of 2008-09 are fertilisers (finished and raw), coking coal and containers.
This is according to the data compiled by the Indian Ports Association.
The growth during the seven-month period is better than that recorded during the first half this fiscal. In the April-September 2009 period, the major ports handled a total cargo of 267.97 mt registering a 2.39 per cent growth over the corresponding previous period.
But the traffic handled during the April-October period is lower than the target of 332.99 mt set by the Government for the period by 5.5 per cent.
A look now at commodity-wise traffic handled at ports during the period. The major ports handled 101.11 mt of POL, which is 2.28 per cent higher than that handled in the corresponding period of 2008-09 financial year.
Iron ore traffic witnessed a healthy 11.6 per cent growth, with the major ports handling 50.284 mt during the period.
There was a drop in the fertiliser cargo handled — finished fertilisers saw a 21.31 per cent dip with major ports handling 7.001 mt, while raw fertiliser cargo handled by the ports was down by 10.18 per cent (at 3.335 mt). The major ports handled 26.1 mt of thermal coal, up 13.02 per cent against the cargo handled during the corresponding previous period. But there was an almost 20 per cent drop in coking coal traffic, with ports handling 15.6 mt of the commodity.
The major ports handled 3,897 TEU (twenty feet equivalent unit) containers during the period, which is 5.68 per cent lower than the number of containers handled in the same period last fiscal.

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