Kochi port sees increase in cargo throughput
The Hindu
The COVID-19-related pressure on the businesses of ports is seen easing a little in the first two months of the current financial year with Kochi port seeing an upswing in volume of cargo throughput.A
The COVID-19-related pressure on the businesses of ports is seen easing a little in the first two months of the current financial year with Kochi port seeing an upswing in volume of cargo throughput. According to figures from the Indian Ports Association, Kochi, saw volume of cargo throughput go up to a total of 5.17 million tonnes during April and May this year compared to 3.41 million tonnes during the same months in 2020. The upswing has been helped by substantial increase in POL products, the volume of which went up to 3.17 million tonnes during April-May 2021 compared to 2.24 million tonnes during the same months last year. Meanwhile, the pandemic impact on shipping business across the country during the last financial year was reflected in the cargo movement through the port, which dropped marginally by about eight per cent for 2020-21. However, the port's handling of container cargo saw an upward swing of about 11 per cent.More Related News