Paradip Port becomes numero uno among Indian Major Ports in cargo throughput in FY 2023-24

by Psu Connect
Date: 02-04-24

During the financial year, the Port achieved the highest-ever coastal shipping traffic of 59.19 million metric tonnes, with a growth of 0.76 million metric tonnes i.e. 1.30% over the previous year.

Paradip Port becomes numero uno among Indian Major Ports in cargo throughput in FY 2023-24

The Paradip Port Authority (PPA) has achieved a remarkable milestone by setting a new record of handling 145.38 million metric tonnes of cargo throughput in FY 2023-24. This achievement has made PPA the highest cargo handling major port in the country, nudging past Deendayal Port, Kandla. This is the first time in the 56 years of operation that PPA has surpassed the previous records set by Deendayal Port. Additionally, Paradip Port has recorded a growth of 10.02 million metric tonnes (7.4%) of traffic on a year-on-year basis.

During the financial year, the Port achieved the highest-ever coastal shipping traffic of 59.19 million metric tonnes, with a growth of 0.76 million metric tonnes i.e. 1.30% over the previous year. The thermal coal coastal shipping has reached 43.97 million metric tonnes i.e. 4.02% over the previous year's cargo handling. Thus, the Paradip Port is emerging as a hub for coastal shipping in the country.

Paradip Port has been able to improve its berth productivity to 33014 MT from 31050 MT in the previous financial year, thus registering 6.33% growth. The berth productivity achieved by Paradip Port is the highest among all the ports of the country. During the financial year, the Port has handled 21,665 numbers of rakes, registering a growth of 7.65% over the previous financial year. During the financial year, the Port handled 2710 ships, registering an increase of 13.82% over the previous financial year.