India Container Volume Up 1.2 Percent

India Container Volume Up 1.2 Percent

Container throughput at major ports in India grew 1.2 percent year-over-year from April through September, the first six months of fiscal 2012-13, according to latest figures released by the Indian Ports Association.

Cumulative traffic in the first fiscal half was estimated at 3.94 million 20-foot-equivalent units compared with 3.89 million TEUs in the corresponding months last year. The tonnage of containerized traffic increased 2.65 percent year-over-year to 60.9 million tons from 59.3 million tons.

The volume of containers handled by Jawaharlal Nehru Port (Nhava Sheva), the country’s largest container gateway, was on par with last year, at 2.15 million TEUs.

Chennai Port handled 804,000 TEUs, up from 794,000 TEUs.

Kolkata’s traffic increased to 305,000 TEUs from 270,000 TEUs. Tuticorin’s volume stayed flat year-over-year at 240,000 TEUs. Cochin moved 169,000 TEUs, down from 184,000 TEUs.

Mumbai Port also saw flat traffic in the six-month period, at 31,000 TEUs.

The IPA said total cargo tonnage via major ports from April to September fell 3.28 percent from a year earlier to 270.6 million tons, amid clear indications that the 12 publicly-owned cargo hubs would miss targets set for fiscal year 2012-13 ending March 31, 2013.

Kandla was the top cargo handler with throughput of 44.7 million tons, followed by Nehru, at 32.6 million tons; Visakhapatnam, at 30.3 million tons; Mumbai, at 28.8 million tons; and Chennai, at 27 million tons.