• Latest
  • Trending
Mumbai port cargo traffic sees decline in FY26 (up to May); crude oil remains top commodity

Mumbai port cargo traffic sees decline in FY26 (up to May); crude oil remains top commodity

ESDS Software share price jumps 264% in just five days

ESDS Software share price jumps 264% in just five days

Bahrain Court rejects Credit Suisse AT1 claims against HDFC Bank

Bahrain Court rejects Credit Suisse AT1 claims against HDFC Bank

Hero Motors IPO opens on September 16

Hero Motors IPO opens on September 16

Vertiv to acquire UtilityInnovation Group for $1.45 billion to expand data center power capabilities

Vertiv to acquire UtilityInnovation Group for $1.45 billion to expand data center power capabilities

Cognizant named among TIME’s World’s Best Companies 2026

Cognizant named among TIME’s World’s Best Companies 2026

NMDC raises lump ore price; fines prices unchanged

NMDC raises lump ore price; fines prices unchanged

Adani Airports raises $1 billion from Alpha Wave, Premji Invest, Temasek and BlackRock

Adani Airports raises $1 billion from Alpha Wave, Premji Invest, Temasek and BlackRock

Sugar prices face correction as comfortable stocks weigh on market

Sugar prices face correction as comfortable stocks weigh on market

Why Bandhan Group acquired Genisys? Will it set a new trend for Indian banks!

Bandhan Bank enters credit card market

L&T Energy Hydrocarbon expands partnership with Petroleum Development Oman

Crude oil price on fire as US-Iran war escalates

Orange Retail Finance raises ₹50 crore through first listed NCD issuance

Orange Retail Finance raises ₹50 crore through first listed NCD issuance

Copper nears $15,000 as tariff uncertainty fuels rally

Copper nears $15,000 as tariff uncertainty fuels rally

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Thursday, September 10, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

Mumbai port cargo traffic sees decline in FY26 (up to May); crude oil remains top commodity

in Economy
Reading Time: 3 mins read
0
Mumbai port cargo traffic sees decline in FY26 (up to May); crude oil remains top commodity
Share on FacebookShare on Twitter

DBT Bureau

Pune, 18 July 2025

Mumbai Port has recorded a drop in cargo traffic in the current financial year 2025–26 (up to May), handling just 11.785 million tonnes, compared to 68.625 million tonnes during the full fiscal year 2023–24. This dip reflects a sluggish start to the year amid shifting trade dynamics and seasonal factors.

Overall Cargo Movement Slows Down

Financial YearTotal Cargo (Million Tonnes)
2021–2259.891
2022–2363.608
2023–2467.261
2024–2568.625
2025–26*11.785

*Note: FY26 data is up to May 2025 only.

Crude Oil and POL Products Lead Cargo Volumes

Crude oil continues to be the largest single commodity handled at Mumbai Port. In FY24, crude oil (including pipelines) contributed 28.002 million tonnes. As of May 2025, this figure stands at 4.975 million tonnes, signaling a potential slowdown.

Likewise, POL (Petroleum, Oil, and Lubricants) products, including pipeline cargo, accounted for 11.718 million tonnes in FY24, but have only reached 1.924 million tonnes in the current fiscal.

Key Commodity-Wise Performance (in ‘000 tonnes)

CommodityFY24 TotalFY26 (Up to May)
Crude Oil23,4184,324
Crude Oil – Pipeline5,584651
POL Products9,8991,653
POL – Pipeline1,819271
Iron & Steel4,844514
Coal (TPC)1,953405
Motor Vehicles19429
Stream Cargo (Anchorage)16,7943,165
Bulk Chemicals1,937429
Fertilisers47973

Commodities with Minimal or No Traffic

– Veg Oil, Molasses, and Pulses registered negligible movement.
– Sugar exports fell to zero in FY26 (up to May), following a marginal 10,000 tonnes in FY24.
– Containerised cargo declined drastically from 6,000 tonnes to just 4,000 tonnes.
– Project cargo, calcite chips, and cement also saw minimal handling.

While Mumbai Port has shown consistent growth over recent years, the first two months of FY26 indicate a concerning slowdown in cargo movement. Industry watchers attribute this to global trade fluctuations, changing import-export patterns, and potential logistical disruptions.

Crude oil, POL products, and stream cargo continue to anchor the port’s operations, but diversifying cargo handling and boosting throughput may be key to sustaining growth in the coming months.

Source: Mumbai Port Authority

Related Posts

L&T Energy Hydrocarbon expands partnership with Petroleum Development Oman

Crude oil price on fire as US-Iran war escalates

0

Athira Sethu Kochi, 9 September 2026 Prices of global crude oil increased sharply amid rising tensions between the US and...

ONGC commissions gas facility in Assam, boosts North-East connectivity

ONGC commissions gas facility in Assam, boosts North-East connectivity

0

DBT Bureau Pune, 19 August 2026 Oil and Natural Gas Corporation Limited (ONGC) successfully commissioned gas evacuation facilities at Khoraghat...

RBI keeps repo rate unchanged at 6.5%; Inflation, GDP growth forecast for FY25 retained

RBI holds rates; retains ‘neutral’ stance

0

Debasis Mohapatra Bengaluru, 5 August 2026 Reserve Bank of India on Wednesday maintained status quo in repo rate and also...

PSU banks begin Q1 FY27 on a strong note

PSU banks begin Q1 FY27 on a strong note

0

Athira Sethu Kochi, 2 July 2026 India’s public sector banks have kicked off the Q1 FY27 business update season on...

ESDS Software share price jumps 264% in just five days
Market

ESDS Software share price jumps 264% in just five days

0

Athira Sethu Kochi, 10 Sep 2026 ESDS Software Solution is experiencing an unprecedented increase in the share price a few...

Read moreDetails
Bahrain Court rejects Credit Suisse AT1 claims against HDFC Bank
News

Bahrain Court rejects Credit Suisse AT1 claims against HDFC Bank

0

DBT Bureau Pune, 10 Sep 2026 On September 9, 2026, HDFC Bank Limited received favourable orders from High Civil Court,...

Read moreDetails
Hero Motors IPO opens on September 16
Market

Hero Motors IPO opens on September 16

0

Athira Sethu Kochi, 10 Sep 2026 Hero Motors, an automobile parts and technologies solution provider, has disclosed the price band...

Read moreDetails
Vertiv to acquire UtilityInnovation Group for $1.45 billion to expand data center power capabilities
Tech

Vertiv to acquire UtilityInnovation Group for $1.45 billion to expand data center power capabilities

0

DBT Bureau Pune, 10 Sep 2026 Vertiv Holdings Co., a global tech in critical digital infrastructure, announced its wholly-owned subsidiary,...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.