India's Key Ports See 3.2% Cargo Growth in December, Deendayal Port Tops Rankings
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Synopsis
India's 12 major ports reported a 3.22% increase in cargo handling for December, with a total of 72.2 million tonnes processed. Deendayal Port in Gujarat led the performance, significantly contributing to the increase despite challenges in the global container market.
Key Takeaways
- 3.22% growth in cargo for December.
- Deendayal Port leads with 13.03 million tonnes.
- Coastal shipments made up 22.69% of total cargo.
- Container volumes increased by 17%.
- Coal imports declined due to increased domestic production.
New Delhi, Jan 28 (NationPress) In December, India's 12 major ports, managed by the Central government, processed 72.2 million tonnes of cargo, marking a 3.22% increase compared to the same month last year.
Data from the Ministry of Ports, Shipping and Waterways reveals that Deendayal Port in Gujarat's Kandla led with a significant 13.03 million tonnes.
Paradip Port in Odhisha followed closely by handling 12.84 million tonnes during the month, while Jawaharlal Nehru Port ranked third with 8.32 million tonnes, succeeded by Vizag at 6.51 million tonnes and SMP Kolkata at 5.44 million tonnes.
The data indicates that the top five ports managed 63.94% of the total cargo.
Overseas shipments accounted for 55.78 million tonnes (or 77.31%) of the total cargo processed at these ports in December, while coastal shipments stood at 16.37 million tonnes, representing 22.69% of the total.
Container volumes, which reflect finished goods and make up around 25% of total trade, saw a remarkable 17% growth to 17.4 million tonnes in December. This increase occurred despite a global shortage of containers, complicating supply chains for exporters and importers alike.
However, coal volumes decreased across sectors due to a rise in domestic production. The import of thermal coal, which constitutes 12% of total cargo volumes for major ports, saw a slight reduction to 8.7 million tonnes, while coking coal shipments declined 4% to 2.9 million tonnes. Additionally, cargo from other coal types nearly halved to 2.5 million tonnes last month.
Deendayal Port reclaimed its status as the top cargo-handling port, exhibiting a 12% growth in overseas cargo to 98 million tonnes during the current financial year, after experiencing a dip in performance in 2023-24.
In contrast, Kolkata Port reported a nearly 12% drop in cargo this financial year, totaling 44 million tonnes, with overseas cargo decreasing by approximately 13%.
While Visakhapatnam Port experienced a 2% decrease in overseas cargo, it witnessed a significant rise in coastal cargo, according to the data.
