Cargo handling at Kandla port shows 6% increase during 1st quarter of 2016-17

Image
Capital Market
Last Updated : Jul 05 2016 | 5:47 PM IST
The Kandla Port has achieved the 6% growth in traffic during the first quarter of financial year 2016-17, as compared to the corresponding quarter of last year. A total quantity of 26.03 MMT of cargo has been handled from April 2016 to June2016, as compared to 24.62 MMT handled during the corresponding quarter of last year.

The dry cargo at Kandla has increased to 90.45 lakh MTs, as compared to 88.69 lakh MT during the same period last year. Liquid cargo during the same period has also increased to 31.55 lakh MT from 25.82 lakh MTs. The Crude and POL traffic at Vadinar has increased to 138.30 lakh MT from 131.65 lakh MT.

The Ministry of Shipping has initiated many measures to improve the performance of the ports which include mechanization of the terminals, improving the TAT (turn-around time), quick evacuation of cargo, expansion of infrastructure and skill development of employees. The slew of measures taken by the Ministry of Shipping to improve performance of Ports has started to yield positive results.

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 05 2016 | 4:44 PM IST

Next Story