{"id":6770,"date":"2024-07-08T15:02:47","date_gmt":"2024-07-08T15:02:47","guid":{"rendered":"https:\/\/khabarok.com\/business\/indias-major-ports-see-4-traffic-growth-in-q1fy25-led-by-coking-coal-imports-higher-container-handling\/"},"modified":"2024-07-08T15:02:47","modified_gmt":"2024-07-08T15:02:47","slug":"indias-major-ports-see-4-traffic-growth-in-q1fy25-led-by-coking-coal-imports-higher-container-handling","status":"publish","type":"post","link":"https:\/\/khabarok.com\/?p=6770","title":{"rendered":"India\u2019s major ports see 4% traffic growth in Q1FY25, led by coking coal imports, higher container handling"},"content":{"rendered":"<p><\/p>\n<div id=\"content-body-68381894\" itemprop=\"articleBody\">\n<p>Cargo handling, including container traffic movement, across India\u2019s major ports has seen a 4 per cent rise y-o-y to 209 million tonnes (mt) in April-June of this fiscal year (Q1FY25), primarily on account of higher coking coal imports and an increase in container handling. In the year-ago quarter, traffic across these 12 ports stood at 200.55 mt. <\/p>\n<p>Traffic was up 6 per cent sequentially in June to 69 mt, compared with May, when it was 64.69 mt, according to data from the Indian Ports Association, accessed by <i>businessline<\/i>. <\/p>\n<p>India has 12 major ports: Kolkata, Paradip, Vizag, Ennore, Chennai, VO Chidambaranar, Cochin, New Mangalore, Mormugoa, Mumbai, JNPA, and Deendayal. <\/p>\n<p>Coking coal imports stood at 15.83 mt for April-June, up 6 per cent, from 14.9 mt in the year-ago period. Paradip port saw the highest coking coal shipments (4.3 mt).<\/p>\n<p>Container cargo movement saw an over 5 per cent rise in tonnage for the first quarter, while in terms of TEUs (twenty equivalent units), the segment saw a 9 per cent rise quarter-on-quarter.<\/p>\n<p>Iron ore exports were down 2.25 per cent, with a reported slowdown in China, the prime buyer. Iron ore shipments were down to 13.6 mt for April-June 2024, as against 13.9 mt in the year-ago period. <\/p>\n<p>Interestingly, finished fertiliser imports saw a major decline, down by over 31 per cent to 1.74 mt. <\/p>\n<h5 class=\"sub_head\">\nPort-wise break-up<br \/>\n<\/h5>\n<p>As per the data, three ports \u2014 Kolkata and Haldia dock systems, which together come under the Syamaprasad Mookerjee Port, New Mangalore and Mormugao witnessed a drop in cargo traffic. <\/p>\n<p>In the case of Kolkata dock, the decline was to the tune of 10 per cent or 3.6 mt, in Q1FY25 compared with 4.0 mt in the year-ago period. For the Haldia dock, there was over a 6 per cent y-o-y decline, or 10.6 mt for April\u2013June, compared with 11.3 mt in the year-ago period. <\/p>\n<p>For New Mangalore, the cargo traffic in Q1FY25 was at 10.8 mt, down 4.5 per cent. In the year-ago period, the cargo handled was 11.3 mt. <\/p>\n<p>In Mormugoa, traffic was down 4.7 mt, 6 per cent y-o-y; as against the year-ago period when it was 5 mt. <\/p>\n<p>Amongst other ports, Vizag saw the highest increase in cargo traffic handled \u2014 up nearly 9 per cent for Q1FY25 \u2014whereas Chennai saw an over 8 per cent increase in cargo handling. <\/p>\n<div class=\"share-article-section second-article-share share-article-section-mobile\">\n<div class=\"share-page\" data-title=\" India\u2019s major ports see 4% traffic growth in Q1FY25, led by coking coal imports, higher container handling  \" data-url=\"https:\/\/www.thehindubusinessline.com\/economy\/indias-major-ports-see-4-traffic-growth-in-q1fy25-led-by-coking-coal-imports-higher-container-handling\/article68381894.ece\">\n<p><span class=\"red-text-color\"\/>SHARE\n<\/p>\n<ul class=\"share-list\" style=\"display: none;\">\n<li class=\"copy-link\" onclick=\"if (!window.__cfRLUnblockHandlers) return false; copytext('https:\/\/www.thehindubusinessline.com\/economy\/indias-major-ports-see-4-traffic-growth-in-q1fy25-led-by-coking-coal-imports-higher-container-handling\/article68381894.ece')\" data-cf-modified-3340e53a5fc310a609191c62-=\"\">Copy link<\/li>\n<li class=\"email\">Email<\/li>\n<li class=\"facebook\" onclick=\"if (!window.__cfRLUnblockHandlers) return false; 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