Port sector to witness cargo volume contraction, project delays: ICRA
(WorldNews Business)

New Delhi: Although the port sector has been classified under essential services and remained operational during the lockdown, the adverse impact on domestic economic activity as well as a slowdown in global trade has resulted in a steep contraction in cargo volumes at the major ports. Similar to the 22 per cent decline in April, May also saw a 22 per cent decline in throughout...