Mumbai Port Registers 15% Growth

by Joseph R. Fonseca
Friday, August 7, 2015

Continuing its record breaking performance of handling all time high cargo volume of 61.61 metric million tonnes in the preceding financial year, Mumbai Port Trust has registered an overall growth of 15% upto 31st July this year against the corresponding period in the previous year. Highest growth of 55% was registered in the Iron & Steel segment followed by 18% in stream/transshipment cargo. The Port has also registered rise of 15% in crude oil imports and nearly 13% in POL products (imports). The cargo handled in the Indira Dock Basin has registered an overall growth of 15%.

Besides improvements in cargo handling, the Port has also recorded enhancement in its efficiency levels with 18% increase in average ship berth day output and 6% rise in berth occupancy.

Expressing satisfaction over performance of the Port upto 31st July 2015, the Chairman, Mumbai Port Trust Shri Ravi M. Parmar hoped that the rising trend will continue and Port would achieve greater height this year.
 

Categories: Contracts Finance Government Update Legal Logistics People & Company News Ports Vessels

Related Stories

Contecon Manzanillo Surpasses 12 Million TEUs

Port of Tyne Appoints Elaine Scott as Director of Innovation

Dajin, Zima Plan Offshore Wind Foundations Plant at Spain's Gijon Port

Current News

GCMD, CIMAC Partner to Support Maritime's Alternative Fuel Readiness

U.S.-India Trade Pact Could Cut Russian Oil Exports 25%

LNG Shipping’s Long-Term Outlook Remains Positive

Soybeans, Wheat, Corn Futures Drop As Broad Commodities Slump

Subscribe for Maritime Logistics Professional E‑News