financetom
Economy
financetom
/
Economy
/
JNPT's container cargo traffic rises 65.38% in May
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
JNPT's container cargo traffic rises 65.38% in May
Jun 5, 2021 5:06 AM

Container cargo traffic at Jawaharlal Nehru Port Trust (JNPT) recorded a 65.38 percent growth in May at 4,54,385 TEUs (twenty-foot equivalent units) over 2,74,755 TEUs in the same month last year.

Share Market Live

NSE

Also, the rail operations at the port handled 86,452 TEUs of inland container depot (ICD) traffic, from 551 rakes during the previous month, clocking a rail coefficient of 19.03 percent, JNPT said in a statement.

The port has witnessed a steady surge in cargo handling despite the various challenges faced during the past few months, it said, adding in May 2021, the port implemented a host of measures to make the business efficient, economical and opportune for the EXIM community.

Also during the month, the port in its fight against COVID-19 successfully executed the handling of 327.632 metric tonne (MT) of liquid medical oxygen and medical accessories, it said.

The port has been ensuring the movement of vessels carrying oxygen remains unhindered and is giving utmost priority to such consignments, JNPT said, adding a total of 278.272 MT liquid oxygen and 49.36 MT Medical accessories have been handled at the port for distribution to hospitals for COVID treatment.

Sanjay Sethi, IAS, Chairman, JNPT, said, "We maintained our good performance in May 2021 and JNPT will continue to contribute towards the endeavour to battle the second wave of the coronavirus pandemic affecting the country."

JNPT will continue to extend utmost priority in the handling of oxygen containers and other medical accessories helping the country to overcome this crisis, he added.

(Edited by : Jomy Jos Pullokaran)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Trump's tariff blitz prompts 'firefighting' response from Fed researchers
Trump's tariff blitz prompts 'firefighting' response from Fed researchers
May 27, 2025
WASHINGTON/SAN FRANCISCO (Reuters) -U.S. Federal Reserve staffers have scrambled since January to decipher what Trump administration trade policies will mean for the economy, with published tallies of potential income losses, inflation estimates running as much as 2 percentage points higher, and breakdowns showing state-by-state winners and losers. The research papers and notes, at least a dozen and counting, have taken...
Trump's tariff blitz prompts 'firefighting' response from Fed researchers
Trump's tariff blitz prompts 'firefighting' response from Fed researchers
May 27, 2025
WASHINGTON/SAN FRANCISCO (Reuters) -U.S. Federal Reserve staffers have scrambled since January to decipher what Trump administration trade policies will mean for the economy, with published tallies of potential income losses, inflation estimates running as much as 2 percentage points higher, and breakdowns showing state-by-state winners and losers. The research papers and notes, at least a dozen and counting, have taken...
Fed's Kashkari calls for steady rates, awaits clarity on tariff impact
Fed's Kashkari calls for steady rates, awaits clarity on tariff impact
May 27, 2025
TOKYO (Reuters) -Federal Reserve Bank of Minnesota President Neel Kashkari on Tuesday called for keeping interest rates steady until there is more clarity on how higher tariffs affect inflation, warning against looking through the impact of such supply price shocks. The shock to the economy from President Donald Trump's sweeping tariffs, and uncertainty over U.S. trade policy, are forcing central...
Fed's Neel Kashkari Calls For Rate Pause Amid Uncertainty Over Trump Tariffs And Inflation Risks
Fed's Neel Kashkari Calls For Rate Pause Amid Uncertainty Over Trump Tariffs And Inflation Risks
May 27, 2025
Minneapolis Federal Reserve Bank President Neel Kashkari called for maintaining current interest rates until greater clarity emerges on how President Donald Trump‘s tariff policies will impact inflation, signaling continued monetary policy caution amid trade tensions. What Happened: Speaking at a Bank of Japan conference in Tokyo on Tuesday, Kashkari warned against overlooking tariff-induced price shocks, emphasizing the Fed’s 2% inflation...
Copyright 2023-2025 - www.financetom.com All Rights Reserved