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Thursday, July 1, 1999

Major ports post 6.6% rise in cargo handling 

Jyoti Mukul  
New Delhi, June 30: Cargo handled by the 11 major ports of the country rose 6.6 per cent during April and May compared to the same period last year.The ports handled more than 43.01 million tonne (mt) of cargo during the first two months of the current financial year compared to 40.35 mt last year. During the entire 1998-99, the total cargo handled at 252 mt was almost the same of previous year.

In terms of commodity, petroleum, oil and lubricant (POL) constituted the maximum with 18.6 mt compared to 16.57 mt in the first two months of 1998-99. The increase in POL was 12.3 per cent.

The maximum increase was in fertiliser handling which more than doubled. The ports handled 6.62 mt of fertiliser against 2.14 mt during the corresponding period of previous year showing an increase of over 209 per cent.

There was a shortfall of 4.86 per cent and 16.72 per cent in handling iron ore and coking coal, respectively, during this period. The major ports handled 5.86 mt of iron ore against 6.16 mt and 1.51 mt ofcoking coal against 1.81 mt. The fall in quantity of iron ore and coking coal handled is attributed to the world-wide recession in steel industry. During the entire 1998-99, iron ore declined 17.11 per cent to 32.54 mt from 39.26 mt in 1997-98. Coking coal recorded 4.91 per cent fall from 10.85 mt.

Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.


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