15% hike reported in cargo handling at GMB-managed ports in Q1 FY24-25

Gandhinagar: Ports regulated, operated, and facilitated by the Gujarat Maritime Board (GMB) saw a 15% increase in cargo traffic during the first quarter of the 2024-25 financial year compared to the same period last year. Cargo traffic at non-major ports rose from 106 million metric tonnes (MMT) in Q1 2023-24 to 122 million metric tonnes in Q1 2024-25.

Private ports, however, experienced a significant 20% growth in cargo handling, while GMB-operated ports saw a decline of 9%. Private ports and captive jetties collectively handled over 90% of the total cargo at non-major ports, with private ports managing 114.4 MMT out of the total 122 MMT during April to June 2024.

Conversely, GMB-operated ports experienced a decline of approximately 9% in cargo handling, dropping from 6.04 MMT in Q1 FY24 to 5.53 MMT in Q1 FY25. DeshGujarat