Gujarat Minor ports volumes declined by 7 per cent yoy (400bps lower than major ports) in August 2020. The fall is explained by relatively weak activities in Sikka (RIL) while volumes were stronger at Mundra and Pipavav. The ports mostly in the private sector are described minor ports but volumes wise they handle cargo more than even the major ports of the country. For instance, Mundra port owned by the Adanis is the largest cargo handling port in the entire country including the major ports of the central government.
Cargo handling at these ports during April, May, June, July and August for Gujarat was 25.2million tons, 25.6 million tons, 26 million tons, 33 million tons and 30 million tons, decline of 27 per cent, 29per cent and 22 per cent, -3 per cent and -7 per cent year on year on year respectively.
Container volume witnessed growth of 5 per cent in August 2020
Container volume witnessed a strong recovery from a decline of 31 per cent, 28 per cent and 11 per cent in April, May and June to a growth of 5 per cent in August 2020. Indications are that the Petronet volumes have grown by 18 per cent.
Gujarat Ports: August volume decline by 7 per cent yoy; Mundra and Pipavav – a strong month
Gujarat minor ports (including captive jetties) volume declined by 7 per cent yoy vs the decline of 11 per cent witnessed by major ports.
The Gujarat minor ports volume has improved moderately from a decline of 27 per cent/29 per cent/22 per cent yoy in April/May/June 2020 to a decline of 7 per cent in August 2020.
The Gujarat ports volumes have grown by 10 per cent CAGR over last decade while CAGR of volumes handled at all the ports outside the state is 5.6 per cent.
Gujarat ports – has total 55 Ports and Jetties -
LNG volumes grew by 6 per cent yoy
LNG volumes grew by 6 per cent yoy reflecting the competitiveness of the fuel vs the other sources, Container volumes grew by 5 per cent yoy, Coal volumes declined by 15 per cent in August 2020, Crude oil imports declined by 2% in august 2020 and Petroleum products declined by 19 per cent
Ports Pipavav volumes declined by 5 per cent, Mundra volumes grew by 10 per cent, • Dahej and adani Hazira grew by 1.5 per cent and -25 per cent, Petronet grew by 18 per cent to 1.8 million tons, Hazira (shell) grew by 21 per cent strong gas import likely
The Rs one lakh crores invested by the central government in implementing the Dedicated freight corridor from Maharashtra to Delhi will ensure that all Indian cargo will come to Gujarat ports and the ports in the east coast will have hard time to survive in near future.