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Cargo throughput at major ports increases a notch higher by 6% in May 2024

Major ports have recorded a 72 million tonnes of cargo handling in May, which has been partly buoyed by the spill over effect resulting from congestion at several Asian ports.
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This is visible in the overseas cargo handling which has increased by 7.3% in the month.

Data released by the Ministry of Ports, Shipping, and Waterways for April-May 2024-25 reveals, cargo handled at major ports increased by 4.02 per cent year-on-year (Y-o-Y) to 139.3 mt.

Cargo volumes had increased by only 2% in April last year, and by 4.4% in the whole year of 2023-24.

Crude oil and petroleum, oils and lubricants (POL) products dominated the cargo mix moved at the ports accounting for 29% of the total cargo volumes and registered a near 7% growth. While food grains accounted for a smaller base, their movement increased nearly 270% to 431,000 mt.

Deendayal Port Authority is reported to be all set to record the highest cargo handling among major ports. In May, the port’s overseas cargo volumes rose by nearly a fourth (23 per cent) to reach 11.8 mt. It also handled 18 per cent of total major port volumes in the same month.

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One Ocean Maritime Media Private Limited
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