Graph/Graphics: PIB

Indian Ports Register Positive Growth of 3.27% in H1

By Aiswarya Lakshmi!!!

The major ports in India have recorded a growth of 3.27% during the period April to September, 2017 and together handled 383 Million Tonnes of cargo as against 371 Million Tonnes handled during the corresponding period of previous year.

The Eight Ports i.e. Kolkata, Paradip, Chennai, Cochin, New Mangalore, Mumbai, JNPT and Kandla registered positive growth in traffic during the period April to October, 2017.
The highest growth was registered by Cochin Port (17.66%), followed by Kolkata [incl. Haldia], New Mangalore, Paradip with growth of about 12%. The Cochin Port growth was mainly due to increase in traffic of POL (24.56%) and Containers (11.12%). In Kolkata Port, overall growth was positive i.e. 12.39%. Kolkata Dock System (KDS) registered traffic growth of 3.80%. Haldia Dock Complex (HDC) registered positive growth of 16.66%.
During the period April to September 2017, Kandla Port handled the highest volume of traffic i.e. 63.13 Million tonnes (16.49% share), followed by Paradip with 55.78 Million Tonnes (14.57% share), JNPT with 37.90 Million Tonnes (9.90% share), Mumbai with 36.72 Million Tonnes (9.59% share), and Visakhapatnam with 35.74 Million Tonnes (9.33% share). Together, these five ports handled around 60% of Major Port Traffic.
Commodity-wise percentage share of POL was maximum i.e. 34.07%, followed by Container (20.01%), Thermal & Steam Coal (12.81%), Other Misc. Cargo (12.24%), Coking & Other Coal (7.57%), Iron Ore & Pellets (6.61%), Other Liquid (4.30%), Finished Fertilizer (1.29%) and FRM (1.10%).
(Photo: WICET)

Aurizon in Talks to Buy Debt-saddled Coal Port

Australian coal rail operator Aurizon Holdings said on Monday it was in talks to buy the Wiggins Island Coal Export Terminal (WICET), which urgently needs to restructure $3

Yang Ming Posts Year-on-year Profit Increase

Yang Ming announced an increase in third quarter profits of 23.4 percent from the same quarter last year. At its board meeting on November 9, the company approved the

Ben Moore (Photo: Attollo Offshore)

Attollo Offshore Joins ELITE

Attollo Offshore, an offshore marine operator, has announced it has joined London Stock Exchange Group’s (LSEG) international business support and capital raising ecosystem

Pic: City of Antwerp Investdesk

Antwerp Port Acquires Stake in NxtPort

Antwerp Port Authority and FPIM (Federal Participation & Investment Company) are to jointly acquire a stake in NxtPort, the digital data platform for the port community.

GMS Endurance. Photo: Gulf Marine Services

Gulf Marine Eyes Acquisitions

Gulf Marine Services (GMS), the leading provider of advanced self-propelled self-elevating support vessels (SESVs) serving the offshore oil, gas and renewable energy sectors

Photo: Diana Shipping

Diana Shipping Reports 3Q Loss of $24.5 Mln

Greece-based Diana Shipping inc. on Tuesday reported a loss of $24.5 million in its third quarter of of 2017. Its net loss attributed to common stockholders was $25.9 million.