INDIA's Adani Ports at Mundra, 475 nautical
miles north of Mumbai, increased its July volume six per cent to three million
tonnes year on year and was up 31 per cent on June totals, reports Dubai's Maritime Standard.
"This
trend gives us confidence that the worst is behind us and going forward cargo
volume in the 2020-2021 financial year is expected to stabilise," said a
company statement.
Adani
also points out that Mundra port became the largest container handling port in
India handling 970,000 TEU in the first quarter, surpassing JNPT's volume of
850,000 TEU.
Overall,
the Adani group handled 1.23 million TEU across its network of ports, out of
3.22 million TEU for India as a whole.
One
of the key trends highlighted by Adani in the first quarter of the financial
year was a strong increase in port rail volumes, soaring 37 per cent from
56,060 TEU to 76,925 TEU. Adani is now the largest private rail operator in
India.
Source
: HKSG.
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