India’s iron ore traffic pulls down overall cargo growth in major ports: Report

TIN news: While the overall cargo volumes at major Indian ports have registered a modest growth of 3.7 per cent for the first seven months of the current financial year (FY16), iron oretraffic was the most affected, dipping 48 per cent on a year-on-year (y-o-y) basis. During the first seven months of FY16, the cargo throughput at major ports has registered a modest 3.7 per cent growth over the corresponding period of previous year, on account of continuing global and domestic slowdown. All cargo ...