Cargo throughput at India’s Mumbai port slipped 14 percent year-over-year in the first quarter of fiscal year 2013-14, the port authority said in a statement.
Total tonnage from April to June was estimated at 13.28 million tons, down from 15.45 million tons in the same period last fiscal year. The authority said it had set a target of 15.5 million tons in the first quarter.
Inbound traffic was 9.31 million tons, decreasing from 11 million tons. Outbound traffic was 4 million tons, down from 4.42 million tons.
Tonnage in June was 4.55 million tons, compared with 4.65 million tons.
Container volume in the first quarter fell 33 percent from a year earlier to 9,972 20-foot-equivalent units. Box traffic in June was 2,979 TEUs, down from 5,214 TEUs in the same month last year.
The port trust at a recent board meeting reportedly approved a proposal to approach regulator "Tariff Authority for Major Ports" for a 23 percent across-the-board increase in its existing scale of rates as part of a general tariff review, due in April 2014. TAMP in December 2011 allowed the port to hike its cargo-related charges by 30 percent and marine dues by 23 percent for a two-year period ending March 31, 2014, despite the protests of user associations.
In fiscal 2012-13, which ended March 31, Mumbai port handled a record 58 million tons of cargo, up 3 percent from 56 million tons in the previous year. Container throughput in 2012-13 remained almost flat, at 57,614 TEUs.