Container throughput at India's major ports grew 3 percent year-over-year in fiscal 2011-12, which ended March 31, the slowest growth rate in three years. Volume expanded 4.32 percent in 2009-10 and 9.5 percent in 2010-11.
The country’s 13 state-owned gateway ports handled 7.77 million 20-foot equivalent units in 2011-12, compared with 7.54 million TEUs the previous year. Containerized tonnage rose 5.36 percent to 120 million tons from 114 million tons, the Indian Ports Association said in a statement on Monday.
Jawaharlal Nehru Port (Nhava Sheva), which accounts for more than 60 percent of India’s total container movements, reported its highest-ever throughput: 4.32 million TEUs, up 1.5 percent from 4.27 million TEUs in 2010-11.
Traffic at Chennai, the second-largest container gateway, increased 3 percent to 1.56 million TEUs from 1.52 million TEUs.
Kolkata handled 551,000 TEUs, up from 526,000 TEUs. Tuticorin moved 477,000 TEUs compared with 468,000 TEUs. Volume at Cochin increased to 328,000 TEUs from 312,000 TEUs.
The IPA said total cargo tonnage at major ports fell 1.73 percent in 2011-12 to 560 million tons from 570 million tons a year earlier.
Kandla topped cargo volume at 82.5 million tons, followed by Visakhapatnam, at 67.4 million tons; Nehru, at 65.7 million tons; Mumbai, at 56 million tons; Chennai, at 55.7 million tons; and Paradip, at 54.2 million tons.
The dip in overall tonnage comes as the Indian Shipping Ministry launched a $110 billion maritime plan to expand the country’s port capacity from the current 1 billion tons to 3.2 billion tons by 2020.