Indian Shipping Industry










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Indian Shipping Industry INDIAN SHIPPING INDUSTRY AT A GLANCE IN 2016-2017 Indian Shipping Industry


70% value of 95% trade in India is done by shipping. India has 12 major and 187 non-major ports. Cargo traffic, which recorded 1,052 Million Metric Tonnes (MMT) in 2015, is expected to reach 1,758 MMT by 2017.

India is the sixteenth largest maritime country in the world, with a coastline of about 7,517 km. Cargo traffic handled by India major ports increased 5.1 per cent year-on-year to 315.4 million tonnes (MT) during April-September 2016. In terms of composition of cargo traffic, the largest commodity was P.O.L. (37.1 per cent), followed by coal (23.4 per cent), container traffic (19.6 per cent), other cargo (11.9 per cent), iron ore (5.66 per cent) and Fertilizer and FRM (2.5 per cent).


Indian Shipping Industry in 2016-2017
The countrys major ports handled a combined traffic volume of 586.29 million tonnes during April 2016-February 2017, up from 550.45 million tonnes during same period last year, while containerised cargo tonnage rose 3.7 per cent to 10.5 MT during August 2016. During April-June 2016, the ports had handled a combined volume of 2.12 million TEUs, which is roughly around 70 per cent of the countrys overall container trade.

In FY 2015-16, the Indian Port sector witnessed capacity addition of 94 Million Tonnes Per Annum (MTPA), which is the highest in the history of major ports. The Indian ports sector received FDI worth US$ 1.64 billion between April 2000 and December 2016.

Indian Shipping Industry   INDIAN Shipping INDUSTRY AT A Glance IN 2015 - 2016

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