JOC Staff | Jan 10, 2013 2:58PM EST
Throughput at India’s Port of Mumbai grew 9 percent in the first three quarters of fiscal 2012-13, the port authority said in a statement on Thursday.
Total tonnage from April through December was estimated at 44 million tons, compared with 40.2 million tons a year earlier.
Despite a turnaround in overall cargo volume, the port saw its container traffic remain flat during the nine-month period, at 45,776 20-foot-equivalent units.
Tonnage in December increased to 5.2 million tons from 4.6 million tons for the same month in 2011.
Mumbai, one of India’s oldest ports, is building a new offshore container terminal through private participation. Likely to be ready by October this year, the $300 million project will offer an annual capacity of 800,000 TEUs in the initial phase.
For fiscal 2011-12, which ended March 31, 2012, Mumbai’s total cargo volume was 56 million tons, up 3 percent from 54.5 million tons a year earlier, while box volume fell about 20 percent year-over-year to 57,760 TEUs.