During 2024-25, cargo handled at major ports increased
by almost 5 per cent to 348.06 million tonnes (MT), driven by a 4.9 per cent
increase in overseas cargo and 5.2 per cent increase in coastal cargo. This is a major uptick for the major ports
after Covid. On the other hand, private and state-government ports, also
called non-major ports, saw a 2.8 per cent increase in their cargo over the
same period. While growth in overseas cargo, at 4.29 per cent, has been
competitive against major ports, a major decline in coastal cargo has left
non-major ports lagging.
“Major
ports have been aggressively trying to capture cargo, with tariffs much lower
than some of the prominent ports in their vicinity. Coastal cargo too is
improving for major ports this year after no improvement this time last year,”
a senior government official said.
The shift in coastal cargo movement is tilting faster
in favour of major ports this financial year. Coastal cargo traffic for major
ports in August increased 10 per cent to 15.7 MT, while that for non-major
ports fell to 1.3 MT.
Crude
oil, fertilisers dampen the growth of private ports According to experts, the
import of crude oil, which is among the most shipped commodities at Indian
ports, through private and state government ports has moderated as several
refineries like Bharat Petroleum Corporation, Indian Oil and Nayara Energy took
a planned shutdown in FY25 year-to-date, which impacted exports in petroleum
products.
However, container volumes remain the bright spot,
growing sharply 23.5 per cent year-on-year at non-major ports