Saturday, Apr 27 2024 | Time 14:17 Hrs(IST)
image
Business EconomyPosted at: Mar 9 2024 2:25PM


Paradip Port surpasses Cargo throughput mark in FY 2023–24

Bhubaneswar, Mar 9 (UNI) Paradip Port Authority, has clocked the highest ever cargo throughput of 135.68 MMT since its inception, 23 days in advance of FY 2023–24.
The earlier record was 135.36 MMT achieved in FY 2022–23.
The port, known for its highest productivity and lowest tariff, is expected to draft a new chapter in its history of 57 years by becoming the number one cargo-handling major port in the country during the current fiscal year.
It is poised to touch the historic 145 MMT mark.
PPA Chairman P. L. Haranadh congratulated the Team PPA for this magnificent performance and expressed his heartfelt gratitude to Union Minister Sarbananda Sonowal.
Paradip Port sources said the Cargo volume handled by PPA in the current fiscal till February end exhibited 8.14 percent stellar growth.
The coal handling, amounting to 58.78 MMT, constitutes about 44.42 percent of the total cargo volume handled at the port.
Similarly, the iron ore and pellet cargo has grown by a remarkable 48.86 percent, by clocking 23.79 MMT.
Sources said a record number of 2545 vessels made port of call till March 8 last in comparison to 2200 numbers during the corresponding period in the previous fiscal.
The port has also registered remarkable improvements in the key performance parameters.
The Berth productivity stands at 32751 MT per day per ship, which is the highest among all major ports in the country. The average turnaround time has improved to 41.85 hours from last year's 46.77 hours.
The Port's commitment to operational excellence, coupled with strategic improvements in cargo handling, has positioned it as a key player in catering to the growing needs of the industry.
UNI DP AKS SY CS1424
Please log in to get detailed story.
Tags: #Paradip Port surpasses Cargo throughput mark in FY 2023–24
More News
Rupee falls 2 paise against USD

Rupee falls 2 paise against USD

26 Apr 2024 | 5:28 PM

Mumbai, April 26 (UNI) The Rupee on Friday eased 2 paise to close at 83.35 against the USD on rising demand for US Dollar by bankers and importers, dealers at the Foreign exchange said.

see more..
Sensex nosedives 609 28 pts

Sensex nosedives 609 28 pts

26 Apr 2024 | 5:26 PM

Mumbai, April 26 (UNI) Snapping a winning streak of last five sessions, the BSE Sensex on Friday, the last session of the week, tanked 609.28 pts to settle at 73730.16 amid mixed global cues.

see more..
Maruti Suzuki net profit surges 48 pc to Rs 3,878 crore in Q4

Maruti Suzuki net profit surges 48 pc to Rs 3,878 crore in Q4

26 Apr 2024 | 5:00 PM

New Delhi, April 26 (UNI) On the back of solid volume growth, the country's largest carmaker Maruti Suzuki on Friday reported 47.80% jump in standalone net profit at Rs 3,877.8 crore for January-March period (Q4) of financial year 2023-24.

see more..

Shriram Finance net jumps 57 pc to Rs 2,021 cr in Q4

26 Apr 2024 | 3:52 PM

New Delhi, April 26 (UNI) Shriram Finance on Friday reported 56.91% year-on-year jump in consolidated net profit at Rs 2,021.28 crore for the January-March period (Q4) of financial year 2023-24.

see more..
Maruti Suzuki gets show-cause notice from Legal Metrology dept

Maruti Suzuki gets show-cause notice from Legal Metrology dept

26 Apr 2024 | 2:39 PM

New Delhi, April 26 (UNI) The country's leading carmaker Maruti Suzuki India on Friday said that it has received a show-cause notice from the Legal Metrology office in Rishikesh, Uttarakhand.

see more..
image