Performance Recovery of Major Ports Major Ports have continued their recovery from the performance decline in the pre financial year 2013-14 period. Overall traffic handled by the Major Ports during 2015-16 has been 606.37MT which represents an increase of 4.3% over the cargo of 581.34MT handled during the previous year 2014-15. 94MTPA of capacity was added in the Ports during 2015-16 which is the highest ever in a single year. The capacity of the Major Ports as on 31.03.2016 has increased to 965MTPA from 871.52MTPA in March, 2015. Improvement in efficiency parameters like turnaround time has lowered logistics cost for the trade. Operating income of the Major Ports has increased at the rate of 8% from 2014-15 (Rs 10190 cr) to 2015-16 (Rs 10961 cr). Operating surplus has seen an increase of 19% from 2014-15 (Rs 3593cr) to 2015-16 (Rs 4268 cr). Operating margin has increased from 35% in 2014-15 to 39% in 2015-16. This information was given by Minister of State for Shipping, Shri Pon. Radhakrishnan in a written reply to a question in the Rajya Sabha today.
