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Major Ports handle 61million tons of cargo

Indian Major Ports have handled 61.6Million Tons of cargo in January 2018, up 13 per cent year on year according to Indian Port Association. 

The major growth drivers were Coal (+40 per cent yoy) and POL (+17per cent yoy) while Iron Ore (-25 per cent yoy) witnessed a decline in January 2018

Kandla (+31.5 per cent yoy), Paradip (+27.5 per cent yoy) and Kolkata (+22 per cent  yoy) witnessed healthy growth in volume, whereas volume at Mormugao (-31 per centyoy) and Chennai (-2 per cent yoy) declined 

Coal handled at Indian Major Ports up 40 percent yoy in January 2018 

Coal traffic in January 2018 grew 40 per cent yoy to 15.2MT on account of a 35 per cent  yoy jump in thermal coal volume to 10.3MT led by winter restocking coupled with low coal stock position at power plants. Moreover, coking coal volume also grew 51 per cent yoy to 4.9MT. 

Volume growth at Paradip (+39 per centyoy), Kolkata (+113 per cent yoy), Kandla (+94 per cent yoy) and Vizag (+113 per cent yoy) was offset by drop in volume at Mumbai (-54 per cent yoy). 

In YTDFY18, coal traffic at Indian Major Ports grew by 1.5 per cent yoy to 119.6MT, as coking coal volume was up 8 per cent yoy at 42.6MT while thermal coal volume declined 1.8 per cent yoy to 77MT. 

In YTDFY18, coal volume at Eastern ports grew by 4.6 per cent yoy (73.5 per cent share in major portsí coal volume), with growth at Paradip (+11 per cent yoy), Kolkata (+9 per cent yoy) and Vizag (15 per cent yoy) being offset by declines at VOC (-17 per cent yoy) and Ennore (-1 per cent yoy) ports. As thermal plants in Tamil Nadu had switched over to wind and solar energy, power off take from thermal plants had considerably decreased during this period. 

Western portsí coal volume declined 6.3 per cent yoy in YTDFY18 on account of declines at Kandla (-19 per cent yoy),

Mumbai (-6 per cent yoy) & New Mangalore (-9 per cent yoy) offsetting growth at Mormugao (+14 per cent  yoy). 

Container traffic at Indian Major Ports up 11 per cent yoy in January 2018. 

Container traffic in January 2018 was up 11 per cent yoy to 0.78mn TEUs, driven by  volume growth at JNPT (+14 per cent yoy), Cochin (+21 per cent yoy) and Kandla, offset by decline at Chennai (-6 per cent yoy). 

In YTDFY18, Container traffic at Indian Major Ports is up 7.5 per cent yoy to 7.6mn TEUs.  JNPT (+7 per cent yoy; 53 per cent share in major ports container volume),Cochin (+12 per cent yoy; 6 per cent share) are the major growth drivers. 

West coast major ports container volume grew 9.5 per cent yoy to 4.7mn TEUs (62 per cent share in major ports container volume) in YTDFY18, while East coast container volume grew 4 per cent yoy to 2.85mn TEUs.

 

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