Cargo traffic at major ports grows 5.92% to 70.08 MT in Jul: IPA -
News Updates

Cargo traffic at major ports grows 5.92% to 70.08 MT in Jul: IPA

Cargo traffic at 12 major ports in the country grew 5.92 percent to 70.08 million tonnes (MT) in July from 66.17 MT handled in the year-ago period

PTI

New Delhi: Cargo traffic at 12 major ports in the country grew 5.92 percent to 70.08 million tonnes (MT) in July from 66.17 MT handled in the year-ago period, according to the data released by major ports' apex body Indian Ports Association.

The data also showed that 10 of these major ports logged positive growth in cargo traffic handling, while the remaining two saw a negative growth, as per the IPA.

PSU Watch is now on Whatsapp Channels. Click here to join

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

In July, IPA said Cochin Port registered the maximum cargo growth at 24.77 percent, followed by Visakhapatnam Port (10.80 percent) and JN Port (9.07 percent).

Chennai Port handled 8.89 percent more traffic compared to July 2023, while cargo traffic at Deendayal Port and V O Chidambaranar Port grew 7.13 percent and 6.74 percent, respectively.

Similarly, Paradip Port logged 3.60 percent growth in cargo handling, SMP, Kolkata Port 2.26 percent and Kamarajar Port 0.69 percent in July this year, IPA said.

The growth in cargo traffic at New Mangalore Port was recorded at 0.18 percent during the month under review, it added.

The negative growth was witnessed at Mumbai Port with 1.23 percent and Mormugao Port with 1 percent, as per the IPA.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

IIFCL in talks with ADB, Korean Exim Bank to raise $600 million

Govt notifies telecom cyber security rules; sets timelines for telcos to report security incidents

Govt invites job applications for PNGRB's Member post

Power Minister visits NHPC’s Nimoo Bazgo Power Station in Ladakh

Delegates from 18 countries attend RBI's policy conference of Global South central banks