Major ports show muted growth in cargo as thermal coal volume slides 15%

Visakhapatnam port upstaged others in cargo throughput growth, recording 10.98 per cent increase

A sharp slide of 15 per cent in thermal coal volumes weighed on the performance of major ports during the period of April-January of FY20. The major ports reported a muted growth of 1.14 per cent as shipments of other key cargo like coking coal, liquid cargo and containers recorded only measly growth.

Liquid cargo comprising crude oil, petroleum products, LPG and LNG grew by only by 2.5 per cent. Other liquid cargo too inched up only 1.43 per cent in the period under review. On the contrary, raw fertilizers and other miscellaneous cargo showed de-growth of 2.8 per cent