APM Terminal liquid cargo business sees 133% growth

Change in import-export pattern sees segment growing even as bulk and container consignments decline

The liquid cargo business of APM Terminal Pipavav, a part of APM Terminals Global Terminal Network, is seeing huge growth in sync with the change in export and import demand from Indian companies.

Liquid cargo which includes LPG and non-LPG consignments [POL/chemicals], has registered a sharp increase in volume over the past two years while the volume of bulk and container segments has declined.

The new focus is reflected in the company's performance over the past two years. After handling 4.64 million tonnes for the 15-month period ended March 31, 2015, bulk handling volume has declined to 2.47 million tonnes in 2015-16.