Cargo throughput at India’s Port of Mumbai plunged about 30 percent year-over-year in April, the first month of fiscal year 2013-14, according to the latest provisional figures released by the port authority.
Total tonnage in April was estimated at 3.85 million tons, down from 5.53 million tons in the same month last year.
“The drop in cargo volume was due mainly to a steep fall in coal imports and steel imports/exports,” a port official said. “April’s total throughput was much lower than the targeted 5.4 million tons.”
Inbound volume was 2.65 million tons, decreasing from 4 million tons. Outbound traffic was 1.2 million tons, down from 1.52 million tons.
Container traffic in April was 2,577 20-foot-equivalent units, a 45 percent decline from 4,683 TEUs, with imports totaling 2,467 TEUs.
Mumbai Port handled a record 58 million tons of cargo in fiscal 2012-13, which ended March 31, 2013, up 3 percent from 56 million tons in the previous year. Container traffic in 2012-13 was 57,614 TEUs, dipping slightly from 57,760 TEUs in 2011-12.