HomeShipping & LogisticsPPA closes CY22 on a high

PPA closes CY22 on a high

Published on

Handles 96.81 MT Dec.2022

Paradip Port Authority signed off 2022 by clocking highest ever monthly cargo throughput in the history of all Major Ports in the country.

PPA recorded an all-time record cargo of 12.6 MMT in December, 2022. Mr. P.L. Haranadh, Chairman, PPA congratulated the Team PPA for this magnificent performance.

The New Year 2023 is going to augur well for the Port, as it is all set to cross the coveted 100 MMT cargo handling mark, in the month of January itself.

The Port is poised to set all-time record cargo handling of more than 125 MMT in current fiscal. Till December, 2022 PPA had handled 96.81 MMT cargo against 83.6 MMT in the corresponding period of previous fiscal.

Various system improvement measures, introduced by the port during this year, fuelled growth to the tune of 15.5% over last year. Coastal Thermal Coal handling has shown a remarkable 58.11% growth in comparison to previous fiscal and it also constitutes about 31.56% of total cargo volume handled at the Port.

Paradip port is emerging as a coastal shipping hub of the country and has plans even to coastal ship thermal coal to power houses, located in Rajasthan, Uttar Pradesh and Haryana.Paradip is one of the Major Ports of India. It is the only Major Port in the State of Odisha situated 210 nautical miles.

spot_img

Latest articles

HPCL’s Visakh refinery records highest-ever crude throughput

Oil marketing behemoth Hindustan Petroleum Corporation Limited (HPCL) today announced its financial results for...

Seasoned Steel Veteran to captain Vizag Steel Plant’s turnaround

Mr M N V S Prabhakar today assumed charge as the Chairman cum Managing Director...

I look at AP as the future of India: Carrier MD

Carrier Global, a leading provider of intelligent climate and energy solutions today broke ground...

Fast-Tracking India’s Heavy Freight

For decades, India’s express logistics has been a “small parcel” game. While a 1kg...