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Paradip Port Sets New Record, Becomes India's Top Cargo Handler!

The Paradip Port Authority (PPA) is celebrating a historic achievement! They've emerged as India's leading major port for cargo handling in the 2023-24 financial year.
Paradip Port Sets New Record, Becomes India's Top Cargo Handler!

Here's a breakdown of their impressive performance:

  • Record-Breaking Cargo Throughput: PPA achieved a remarkable 145.38 Million Metric Tonnes (MMT) of cargo throughput, surpassing the previous record held by Deendayal Port. This marks a significant 7.4% growth year-over-year.
  • Dominating Coastal Shipping: The port also witnessed its highest ever coastal shipping traffic at 59.19 MMT. This represents a 1.30% increase compared to the previous year. Thermal coal shipping along the coast grew by 4.02%.
  • Improved Efficiency: Berth productivity increased by a notable 6.33%, reaching 33,014 MT, the highest among all Indian ports.
  • Increased Traffic: PPA handled 21,665 rakes (7.65% growth) and 2,710 ships (13.82% growth) during the year.

Also Read: Awards: Weekly Current Affairs Bitbank (February 12 to 18, 2024): Which bank secured seven awards at the 19th Banking Tech Conference?

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Published date : 03 Apr 2024 04:58PM

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