Paradip Port may achieve 110 MMT cargo handling target in FY19

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Bhubaneswar: Paradip Port, a major port under the ministry of Shipping is likely to surpass the 110 MMT (Million Metric Tonne) targeted Cargo set by the  Ministry of Shipping for the FY-2018-19. The port, situated off the Odisha Coast has already handled 100 MT cargo by 5th March.

For the 2nd consecutive financial year the port has achived the 100 MT cargo target. In the process of handling 100.04 MMT cargo as on 5th March, the Port has achieved a growth rate of 5.86% 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.

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% and 20.49% respectively over the corresponding period of FY 2017-18.

The above achievement of 100 MMT of cargo again by PPT in the current fiscal is despite 2 of its existing berths are not available for handling of cargo and are under mechanization process.

For the above feat,  Rinkesh Roy, Chairman, PPT congratulates the user industries to have their continued faith on the ability of the Port to serve them with challenges emerging from the neighbouring Non-Major Ports.

 

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