Cargo growth slowed
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PORTS & SHIPPING

Cargo growth slowed

01 Jan 2016 CW Team
Falling iron ore volumes has slowed the growth of cargo handled by the country's 12 major ports in the April-November period.The cargo volume handled by the major ports, at 397 mn tonne, rose by only 3.32 per cent during the period over the year-ago period. The cargo growth was 5.20 per cent, at 384 mn tonne, in April-November 2014.

Falling iron ore volumes has slowed the growth of cargo handled by the country's 12 major ports in the April-November period.The cargo volume handled by the major ports, at 397 mn tonne, rose by only 3.32 per cent during the period over the year-ago period. The cargo growth was 5.20 per cent, at 384 mn tonne, in April-November 2014.

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