Indian Ports Record 6.2% Growth in Cargo Traffic Last Q
(17.1%), Paradip (12.9%), Cochin (9.4%), Kandla (5.7%), V.O Chidambaranar (1.4%) and Kamarajar (0.2%) over the corresponding quarter of 2015-16.
Overall seven Major ports registered positive growth. Major Ports, which showed decline in traffic during the first quarter of 2016 were Haldia Dock Complex (-3.6%), New Mangalore Port (-3.6%), Kolkata Dock System (KDS – 2.9%), JNPT (-2.7%), Mumbai Port Trust (-2.1%) and Chennai Port (-19%).
Decline in New Mangalore Port and Kolkata Port can be attributed to the reduction in traffic of fertilizer, thermal and steam coal, coking