Toll Free Helpline - 1800 345 7111 ( Timing 10.00 AM to 6.00 PM on working days )

Paradip Port Posts 5.23 Percent Gain in 3rd Quarter

Mon, 25th Jan 2016 (Source:India Express)

Paradip Port has ended the third quarter of the current fiscal year 2015-16 on a high, posting a 5.23 per cent growth in cargo handling and maintaining its position as the second best port among all major ports in the country.

In nine months ending December 31, 2015, the port has handled 55.13 MMT of traffic against 52.39 MMT during the corresponding period of the previous fiscal. The number of vessels grew by 8.65 per cent in the above period as the port handled 1156 ships against 1064 number of ships handled in the same period of previous year. There has been improvement in ship day from 17,289 MT in 2014-15 to 19,856 MT in the nine months, witnessing a growth of 14.85 per cent.

The port recently has declared its facility of CQ-1/CQ-2 and South Quay for handling Baby Cape ships up to 260 mtr length, beam with 43 mtr and draft of 14.5 mtr. Port infrastructure like road and railway and drainage system is accordingly being realigned to augment the cargo handling capacity matched with the discharge and load rate of Baby Cape size ships, a Paradip Port Trust (PPT) release stated.

Other News

Investible Projects
EODB Reforms
Investor's Guide