Executive Briefings

Indian Ports' Container Volume Down Overall 2.4 Percent in April

Container traffic through India's major ports fell 2.4 percent year over year in April, the first month of fiscal 2012-13, according to latest traffic figures released by the Indian Ports Association.

The IPA said the 13 state-owned gateway hubs handled 633,000 20-foot equivalent units compared with 649,000 TEUs in the year-ago month.

Traffic at Jawaharlal Nehru Port (Nhava Sheva), which accounts for almost 60 percent of India's total container movements, declined to 365,000 TEUs from 369,000 TEUs. Chennai Port, the second-largest box gateway, moved 126,000 TEUs, down 6 percent from 134,000 TEUs.

The IPA said total cargo tonnage at major ports fell 6.3 percent in April to 46.4 million tons from 49.5 million tons a year earlier.

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The IPA said the 13 state-owned gateway hubs handled 633,000 20-foot equivalent units compared with 649,000 TEUs in the year-ago month.

Traffic at Jawaharlal Nehru Port (Nhava Sheva), which accounts for almost 60 percent of India's total container movements, declined to 365,000 TEUs from 369,000 TEUs. Chennai Port, the second-largest box gateway, moved 126,000 TEUs, down 6 percent from 134,000 TEUs.

The IPA said total cargo tonnage at major ports fell 6.3 percent in April to 46.4 million tons from 49.5 million tons a year earlier.

Read Full Article