For the ninth consecutive year, the port has crossed the 100 MMT mark, clocking 100.15 MMT and registering a year-on-year growth of 4.78%. It achieved the feat 12 days earlier than last fiscal, port officials said on Friday.
Paradip Port, Odisha's lone major port, has achieved the fastest-ever 100 MMT cargo throughput in a fiscal year despite market challenges.
For the ninth consecutive year, the port has crossed the 100 MMT mark, clocking 100.15 MMT and registering a year-on-year growth of 4.78%. It achieved the feat 12 days earlier than last fiscal, port officials said on Friday.
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Notably, in FY 2024-25, the coveted mark of 100 MMT was achieved on 9 December 2024. The record was achieved in 241 days in the current fiscal year against 253 days in the last financial year.
Despite market challenges, the port continues to set new benchmarks. Faster operations, system improvements, and consistent support from stakeholders have helped PPA stay ahead. Growth in coastal thermal coal, container cargo, Gypsum & Flux, POL, and Steel cargo has strengthened PPA's position as a leading coastal shipping hub.
Coal cargo handling constitutes around 45% of total cargo volume at the Port, and it has shown 3.76% growth compared to the corresponding period of the previous fiscal.
Similarly, containerised cargo volume has grown by 32%, Gypsum & Flux volume has surged by 24%, Steel cargo by 35% and POL has grown by 31% on a Y-o-Y basis in the current fiscal. Thus, Paradip Port is emerging as a coastal shipping hub of the country.
Paradip Port could achieve incredible success due to the coordinated endeavour of all officers/employees, the user industries, Stevedores, Steamer Agents, Trade Unions, and PPP Operators, P.L. Haranadh, Chairman, Paradip Port Authority said.