State run Paradip Port sees shrink in Cargo handlings by 2 MT for fy 2011-12
Tuesday, 03 April 2012 | 16:30
The Paradip Port handled 54.25 million tonnes (MT) of cargo during the financial year of 2011-12 against the figure of 56.03 MT during the previous fiscal of 2010-11.
The shortfall in the performance was due to the factors like the slump in exports of iron and chrome ores from all Indian ports and the restrictions imposed by the State Government to curb illegal mining and exports of iron ore and an all-India trade strike. The port, however, improved its handling of coal and petroleum products.
The Paradip Port, which is one of the Government of India’s major ports, also lost parts of its cargo to private port of Dhamra, which commenced its operations in 2011.
However, the Paradip Port Trust has targeted to handle more than 60 MT of cargo after deepening the port’s channels and berths to accommodate capesize ships.
PPT Chairman G Jagannath Rao is hopeful of creating a new record in cargo handling for the 2012013 fiscal.
Source: Odisha Today
There are no comments available.