Mumbai Container Volume Surged 35 Percent

Containers rebound in nine months following recession


The volume of containers handled by India’s Port of Mumbai climbed 35 percent year-over-year in the nine months ending Dec. 31, the port authority said in a statement.


Container traffic for the first three quarters of the port’s fiscal year was estimated at 55,520 20-foot equivalent units, up from 41,162 TEUs.


Volume in December increased to 6,541 TEUs from 4,860 TEUs in the same month the previous year.


By The Numbers: U.S. Container Trade With India


The west coast hub handled 40.66 million tons of cargo in the nine-month period, up 0.74 percent from 40.36 million tons a year earlier. Tonnage in December was on par with the year before, at 4.5 million tons.


Officials said the port’s total cargo tonnage fell short of the Shipping Ministry’s target of 42.6 million tons set for the first nine months of 2010-11.


The port handled 3,942 ship calls during April-December, down from 4,210 calls in the year-ago period.


For the full fiscal year 2009-10, Mumbai’s container traffic slipped 37 percent year-over-year to 58,000 TEUs, while total tonnage grew 5 percent to 54.5 million tons.
(Source:http://www.joc.com)