Major Ports Cargo Traffic Rises 6 Pc To 60 MT In April

Major Ports Cargo Traffic Rises 6 Pc To 60 MT In April

India’s 12 major ports recorded 5.65 per cent rise in cargo handling to 60.07 million tonnes (MT) in April this fiscal, mainly due to higher demand for coal, petroleum, oil and lubricants, industry body IPA said. These top ports, under the central government, had handled 56.86 MT of cargo in April last year.

Increased demand from various sectors, including coal, POL (petroleum, oil and lubricant) and containers, was the main reason behind the growth in traffic, as per the latest data from the Indian Ports Association (IPA).

Coking coal volumes handled by the 12 ports surged by 30.62 per cent to 5.51 million tonnes (MT) during the first month this fiscal, while thermal and steam coal grew 12.65 per cent to 10.91 MT. Thermal coal is the mainstay of the country’s energy programme as 70 per cent of power generation is dependent on the dry fuel, while coking coal is used mainly for steel-making. Read more

Leave a Reply

Your email address will not be published.