Paradip port achieves cargo handling of 100 MMT for second year in succession

Paradip port achieves cargo handling of 100 MMT for second year in succession

The Paradip Port once again repeated the feat of handling 100 Million Metric Tonnes (MMT) of cargo for second fiscal year in succession on March 5 last.
With 26 more days to go, the Port is likely to handle 110 MMT targeted cargo set by the Ministry of Shipping for the FY-2018-19.
The achievement of 100 MMT cargo handling in consecutive two years shows the commitment of the Port towards its customers and the country as a whole.
The Port has achieved a growth rate of 5.86 per cent in the process of handling 100.04 MMT cargo as on March 5 last over the corresponding period of 2017-18 when the Port had handled about 94.5 MMT.
In terms of absolute growth in tonnage, the increase of 5.57 MMT of cargo over the last fiscal at PPT is the highest amongst all Major Ports achieved so far, according to Paradip Port sources.
The major growth drivers of the cargo at PPT in the current financial year are the handling of POL and Coastal Thermal Coal which are showing a growth rate of 9.86 per cent and 20.49 per cent respectively over the corresponding period of FY 2017-18.
The achievement of 100 MMT of cargo by PPT in the current fiscal was possible despite two of its existing berths are not available for handling of cargo and are under mechanization process.
PPT Chairman Rinkesh Roy, Chairman, congratulated the user industries for their continued faith on the ability of the Port to serve them with challenges emerging from the neighboring Non-Major Ports.
Mr.Roy also appreciated the support of authorities like Ministry of Shipping (GoI), Govrernment of Odisha, Indian Railways, Customs, Immigration Department, Dock Safety, MMD as well as all Service Providers/Terminal Operators for their sustained effort in achieving the feat.