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Smaller ports pip major ones in cargo traffic growth, share rises to 42%

They have also fared well in attracting crude shipments, handling 191.5 million tonnes of liquid cargo including crude oil imports in 2016-17, ahead of 158.3 million tonnes of major ports

Paradip is a bulk cargo port that mainly handles thermal coal used by power plants on the east coast      Photo: iStock
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Paradip is a bulk cargo port that mainly handles thermal coal used by power plants on the east coast Photo: iStock

Jayajit Dash Bhubaneswar
Non-major ports are gradually eating into the share of major ports in cargo traffic. Between FY12 and FY18, the share of total cargo traffic held by the non-major ports has risen from 39 per cent to 42 per cent. In the comparable period, major ports have had their market share shrink from 61 per cent to 58 per cent.

A report by the Indian Brand Equity Foundation (IBEF), a trust formed by the Ministry of Commerce, says non-major ports are evolving faster than their major counterparts, and are gaining market share as a major chunk of the traffic has shifted to

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First Published: Oct 31 2018 | 5:51 PM IST

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