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Business Economy


All time record cargo handling in 2023-24 at SMP since 1870

Kolkata, Apr 04 (UNI) In its 154-year history, Syama Prasad Mookerjee Port, Kolkata (SMP Kolkata), including Kolkata Dock System (KDS) and Haldia Dock Complex (HDC), achieved a milestone in the fiscal year 2023-24 by handling 66.4 Million Metric Tonne (MMT) of cargo, marking a 1.11 per cent increase from the previous record of 65.66 million tonne moved in 2022-23.
Chairman Rathendra Raman attributed this unprecedented throughput to a series of strategic initiatives implemented by the port to enhance productivity, safety measures, business development, and overall capacity utilisation.
Highlighting HDC's significant contribution, Shri Raman noted that the complex handled 49.54 MMT in FY 2023-24, marking its highest cargo volume ever since its inception and surpassing the previous record of 48.608 MMT in FY 2022-23, representing an increase of 1.91 per cent.
Meanwhile, KDS managed 16.856 MMT of cargo in 2023-24 compared to 17.052 MMT in 2022-23.
The Chairperson emphasised the port's robust financial performance in 2023-24, achieving a net surplus of Rs. 501.73 crore as well, a significant 65 per cent growth over the previous year's net surplus of Rs. 304.07 crores, marking a remarkable accomplishment.
To augment capacity of the port, SMP Kolkata is stressing on the PPP Projects in a big way.
Furthermore, the Chairperson of SMP Kolkata, attributed the achievement for the growth in diverse cargo types, the influx of new and additional cargo, and the multi-faceted user-friendly measures, such as better services, improved facilities, cost-effective and customer-friendly charges and all-out efforts of the workers of the port.
He congratulated all the officers, staff and unions, PPP Operators, Stevedores, Stakeholders, etc. for working like a team to produce the spectacular performance.
UNI SJC KK
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