Kochi Takes Crown For Indian Port Growth

20 November 2017

The International Container Transshipment Terminal (ICTI) registered its highest ever monthly throughput of 51,019 TEUs for October, 2017.

This improves on the previous record throughput of 50,842 TEUs hit in August 2017.

Kochi Port has also handled a total of 16.45 million tonnes of cargo between April and October in the current financial year, representing growth of 17.65% over 2016-17.

Containerised cargo traffic has shown rapid growth of 12.73% during the April-October, 2017.

Kochi port appears to have grown nearly 20% during the financial year till September, 2017, figures from the Indian Ports Association shows Kochi has the highest rate of growth of the major ports in India for the current financial year.

However, the Halida Dock Complex in Kolkata on India’s east coast came a close second with nearly 18% growth during the period.

This compares with the national average for port growth of 3%.

It was a growth of 80%. The port had handled 25.01 million tonnes of cargo during 2016-17 with a growth of 13.2% against the 22.10 million tonnes of cargo during the previous financial year.

The total containerised cargo handled by the terminal here during 2016-17 stood at 4.91 lakh TEUs with a growth of 17%.

Source: Port Technology