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Blue Economy is a catalyst in India's progress: Nitin Gadkari

The Shipping Minister Nitin Gadkari reviewed the work of all ports in Goa this week.  He interacted with stakeholders including PPP operators, port users and other private sector service providers. In his address Mr Gadkari said that Blue Economy is proving to be a catalyst in India's progress and the performance of ports is a clear pointer towards the same.

The review meeting was aimed at serving the industry needs in a better way, identifying issues holding up new projects and understanding ways to improve efficiency. The meeting provided a platform to all officials and stakeholders to communicate with each other and with the Ministry of Shipping, breaking the conventional tight silo - bound approach and expediting decision making processes. Promoting coastal shipping and improving port infrastructure are high up on the Ministry’s agenda. The Minister recently flagged off consignment of trucks to Bangladesh from Chennai and Steel from Vizag.

Overall traffic growth at Major Ports

The major ports in India have recorded a growth of 3.27 per cent during the period April to September, 2017 and together handled 383 Million Tons of cargo as against 371 Million Tons handled during the corresponding period of previous year.

The Eight Ports i.e. Kolkata, Paradip, Chennai, Cochin, New Mangalore, Mumbai, JNPT and Kandla registered positive growth in traffic during the period April to October, 2017.

 

Cargo traffic handled at Major Ports:

The highest growth was registered by Cochin Port (17.66 per cent), followed by Kolkata [incl. Haldia], New Mangalore, Paradip with growth of about 12 per cent. The Cochin Port growth was mainly due to increase in traffic of POL (24.56 per cent) and Containers (11.12 per cent). In Kolkata Port, overall growth was positive i.e. 12.39 per cent. Kolkata Dock System (KDS) registered traffic growth of 3.80 per cent. Haldia Dock Complex (HDC) registered positive growth of 16.66 per cent.

 

During the period April to September 2017, Kandla Port handled the highest volume of traffic i.e. 63.13 Million tonnes (16.49 per cent share), followed by Paradip with 55.78 Million Tonnes (14.57 per cent share), JNPT with 37.90 Million Tonnes (9.90 per cent share), Mumbai with 36.72 Million Tonnes (9.59 per cent share), and Visakhapatnam with 35.74 Million Tonnes (9.33 per cent share). Together, these five ports handled around 60 per cent of Major Port Traffic.

 

Commodity wise Share % in Traffic in October 2017

 

 

Commodity-wise percentage share of POL was maximum i.e. 34.07 per cent, followed by Container (20.01 per cent), Thermal & Steam Coal (12.81 per cent), Other Misc. Cargo (12.24 per cent), Coking & Other Coal (7.57 per cent), Iron Ore & Pellets (6.61 per cent), Other Liquid (4.30 per cent), Finished Fertilizer (1.29 per cent) and FRM (1.10 per cent).

 


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