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Monday, May 20, 2024

PPA handles clocked highest ever cargo handling among major ports

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Bhubaneswar: Paradip Port has emerged numero uno by clocking 69.137 MMT cargo throughput in the current fiscal. The Port, first time in the history, clocked highest ever cargo handling among Major Ports, during first half of any financial year.

Besides, it has exhibited 8.5 per cent incremental growth over the same period in the previous fiscal, which happens to be highest among all the Major Ports, Paradip Port Authority (PPA) sources here said on Thursday.

Iron ore including Pellets handled by PPA has shown the highest incremental growth of 45.56 per cent so far.

Since FY 2016-17, PPA has consistently occupied 2nd position in half yearly cargo handling figures of various fiscals.

For the first time, drifting away from the trend, PPA has secured the 1st position by achieving the highest cargo traffic.

Congratulating Team PPA on this stupendous performance, PPA Chairman P.L.Haranadh, offered his heartfelt thanks to all Stakeholders for their constant support and immense contribution.

India’s cargo traffic handled by 12 major ports has reached 393.732 MMT in the first half of FY 2023-24, exhibiting growth of 2.35 per cent year on year, according to latest figures released by the Indian Ports Association.

Paradip Port has emerged numero uno by clocking 69.137 MMT cargo throughput in the current fiscal, PPA sources said.

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