Thermal Coal Imports Surge 19% In Major Indian Ports In The First Quarter Back to News & Events List

India’s top 12 major ports reported a 19.32 percent surge in imports of thermal coal to 28.28 million tonnes during April-June this year, according to the latest report from Indian Ports Association.

The centre-owned ports had handled 23.70 million tonnes of thermal coal in the corresponding period of the previous financial year.

The IPA, which maintains cargo data handled by these 12 ports, in its recent report has said that the ‘percentage variation from previous year’ in thermal coal handling was at 19.32 percent in the first three months of the current fiscal. As far as coking and other coal is concerned, its handling recorded a jump of 6.85 percent during the first quarter to 13.03 MT.

Thermal coal is the mainstay of India’s energy programme as 70 percent of power generation is dependent on the dry fuel, while coking coal is used mainly for steel-making.

India is the third-largest producer of coal after China and the U.S. and has 299 billion tonnes of resources and 123 billion tonnes of proven reserves, which may last for over 100 years.

Major ports in India together recorded a growth of 3.91 percent and handled 174.02 MT of cargo during the period April to June 2018, as against 167.48 MT handled during the corresponding period of the previous year.


Source: Bloomberg

Recent News


Cargo trade routes are changing amid trade war, says SATS CEO

A reconfiguration of cargo routes is underway as the trade war between the U.S. and China spills over globally, a logistics industry executive said. “We’ve def...


Indian coal imports rise at the fastest rate in 3-1/2 years

India’s thermal coal imports rose at the fastest pace in three-and-a-half years in the September quarter, spurred by new demand and domestic infrastructure bottlenecks th...


India should reduce or stop crude oil import from Iran: Moody’s

Indian refiners will either have to significantly reduce or completely stop importing crude oil from Iran over the next month, increasing their dependence on other West Asian s...


ING To Redirect Financing Towards Greener Shipping, Together With Other High Greenhouse Gas Emission Segments

ING has a lending portfolio of over €500 billion across many sectors, which we’ll now begin steering towards meeting the Paris Agreement’s well-below two-degre...