Tide turns in November for traffic at major ports

By: |
December 21, 2020 5:45 AM

For the April-November period, the traffic has fallen by 10.5% y-o-y — only Mormugao port has seen a higher volume of cargo in the current financial year than a year ago.

The cargo volumes for POL, coal, and containers have declined while that for fertiliser and iron ore have increased from a year ago. (Representational image)

After eight months of contraction, cargo traffic at the major ports grew by 3% y-o-y in November 2020. For the April-November period, the traffic has fallen by 10.5% y-o-y — only Mormugao port has seen a higher volume of cargo in the current financial year than a year ago.

The cargo volumes for POL, coal, and containers have declined while that for fertiliser and iron ore have increased from a year ago.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1India’s payments space to mature, says Paytm founder & CEO Vijay Shekhar Sharma
2Dunzo raises $40 million from Google, Lightbox & others
3Sanctity of personal communications must be maintained: Prasad