Minor Ports' cargo handling grew by 9.2 % in FY 2018

Posted by Daily Shipping Times on 11-07-2018        Tweet

New data show the Gujarat, which houses the biggest privately developed Ports of Mundra and Pipavav, accounted for as much as 70 percent of total cargo routed through Minor Ports

NEW DELHI: Minor Ports, which are mostly privately owned and operated, has seen an increased growth in cargo handling during fiscal 2017-2018, after a slowdown in their pace of growth in two prior years that industry analysts attributed to accelerated Government efforts to win back cargo with improved/streamlined service levels.

New provisional port statistics collected by JOC.com show total freight handled at Minor Ports during the last fiscal year 20018, increased 9.2 percent year over year to 529.57 million tonnes.

In contrast, Minor Ports had ended the previous two years on a mild note — with a 4 percent gain in fiscal 2016-2017 and a 1 percent fall in 2015-2016, year over year.

New data show the Gujarat, which houses the biggest privately developed Ports of Mundra and Pipavav, accounted for as much as 70 percent of total cargo routed through Minor Ports, followed by Andhra Pradesh, at 16 percent, and Maharashtra, at 7 percent. As a result, these three States together represented about 93 percent of Minor Ports’ seaborne trade in fiscal 2017-2018.

By volume, Minor Ports in these three States handled freight as follows: Gujarat — 370 million tonnes, up from 345 million tonnes in 2016-2017; Andhra Pradesh — 86 million tonnes, up from 70 million tonnes; and Maharashtra — 38 million tonnes, up from 35 million tonnes, according to statistics.