9 Out of 12 Major Ports See Positive Cargo Growth in May

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Cargo traffic at 12 major Indian ports increased by 3.75% year-on-year in May, reaching 72.04 million metric tons (MT), up from 69.43 MT in May 2023, with nine ports showing positive growth, according to data from the Indian Ports Association (IPA).

Visakhapatnam Port led the growth with a 22.05% increase in cargo handling, followed by Chennai Port at 9.10%, Cochin Port at 7.78%, and Mumbai Port at 5.89%. The ports of Deendayal (Kandla), Mumbai, Mormugao, New Mangalore, Cochin, Chennai, Ennore (Kamarajar), Tuticorin (V O Chidambaranar), Visakhapatnam, Paradip, Kolkata (including Haldia), and Jawaharlal Nehru Port (JNPA) were included in this report.

VO Chidambaranar Port saw a 5.59% increase in cargo handling, Paradip Port 4.27%, Deendayal Port 3.49%, New Mangalore Port 1.87%, and JNPA 1.78%.

Conversely, cargo handling declined at several ports, with SMP Kolkata Port experiencing a 15.70% drop, Kamarajar Port 3.58%, and Mormugao Port 10.55%. The overall traffic at Kolkata’s Syama Prasad Mookerjee Port decreased by 15.70%, with the Kolkata Dock System (KDS) and Haldia Dock Complex (HDC) seeing declines of 7.71% and 18.32%, respectively. The decline at KDS was attributed to a significant reduction in coking and other coal (71.75%) and finished fertilizers (43.53%).

In terms of traffic volume, Deendayal Port handled the highest at 12.71 MT, representing a 17.64% share of the total cargo across the 12 ports. Paradip Port followed closely with 12.64 MT and a 17.55% share, Visakhapatnam Port at 8.57 MT (11.90% share), JNPA at 7.45 MT (10.34% share), and Mumbai Port at 5.79 MT (8.04% share).

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