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Business Daily from THE HINDU group of publications Sunday, July 5, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Update at 1230 hrs (IST)
Logistics Cargo traffic at major ports registers growth in 1ST quarter NEW DELHI: In an indication of maritime trade picking up, the country's top 12 state-owned ports registered growth of 1.89 per cent in handling cargo during the first quarter of the current fiscal, as compared to the corresponding period last fiscal. The 12 major ports handled 136.58 million tonnes of cargo in the first quarter of this fiscal, according to official data. They managed 134.05 million tonnes of traffic in the corresponding period of 2008-09. These ports include Kolkata (with Haldia), Paradip, Visakhapatanam, Ennore, Chennai, Tuticorin, Cochin, New Mangalore, Mormugao, Mumbai, Jawaharlal Nehru Port Trust and Kandla. However, the total traffic in the first quarter missed the target of 143.03 million tonnes. While Paradip Port registered the highest growth in cargo handling at 25.35 per cent in the first quarter of this fiscal over the corresponding period last year, Kolkata Port recorded the maximum fall at 18.73 per cent over the same period. – PTI
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