Trans-shipment led to strong growth in FY19 container volume In FY19, container volumes grew 28% to 903 (000) TEU, led by strong transshipment volumes (that command lower realisation). Bulk volumes grew 10% to 2 MMT, led by a resurgence in fertiliser volumes, while liquid and Ro-Ro volumes declined 38% and 23%to 0.64 MMT and 76000 cars, respectively. The management expects container and liquid volumes to remain strong in FY20. However, they expect volatility to continue in the bulk segment and slower growth in Ro-Ro segment. We expect 15% container...