Mumbai Port Boosts Cargo Volumes
- Business & Finance
India’s Mumbai Port Trust has registered an overall 15% growth in cargo volumes in the first seven months of 2015, as compared to the same period in 2014, the year in which the port handled its all-time-high 61.61 million tonnes of cargo.
The highest growth of 55% was registered in the iron & steel segment, followed by an 18% rise in stream/transshipment cargo.
The port has also registered a rise of 15% in crude oil imports and nearly 13% in petroleum, oil, and lubricant 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 improvements in its efficiency levels, with an 18% increase in average ship berth day output and a 6% rise in berth occupancy.