By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Latest World News UpdateLatest World News UpdateLatest World News Update
Notification Show More
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: Paradip Port becomes numero uno among major Indian ports in cargo throughput in 2023-24 – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Paradip Port becomes numero uno among major Indian ports in cargo throughput in 2023-24 – World News Network
Business

Paradip Port becomes numero uno among major Indian ports in cargo throughput in 2023-24 – World News Network

worldnewsnetwork
Last updated: April 2, 2024 12:00 am
worldnewsnetwork
Share
4 Min Read
SHARE

New Delhi [India], April 2 (ANI): Paradip Port Authority has achieved new heights with the recent record-breaking throughput of 145.38 million tonnes in cargo in the just-concluded financial year 2023-24, according to a press release from the Ministry of Ports, Shipping and Waterways.

In the process, it thus-by nudged past Deendayal Port, Kandla, to emerge as the highest cargo handling major port of the country.
For the first time in the 56-year history of operation, the port on the east coast in Odisha has surpassed previous records, set by Deendayal Port. Paradip Port has also recorded growth of 10.02 million metric tonnes (7.4 per cent) of traffic on a year-on-year basis.
During the financial year, the port has achieved the highest ever coastal shipping traffic of 59.19 million metric tonnes, with a growth of 0.76 million metric tonnes — 1.30 per cent over the previous year.
The thermal coal coastal shipping has reached 43.97 million metric tonnes — 4.02 per cent over the previous year cargo handling. Thus, the Paradip Port is emerging as a hub for coastal shipping in the country.
Paradip Port has been able to improve its berth productivity to 33,014 MT from 31,050 MT of previous financial year, thus registering 6.33 per cent growth. The berth productivity achieved by Paradip Port is the highest among all the ports of the country.
During the financial year, the Port has handled 21,665 numbers of rakes, registering a growth of 7.65 per cent over the previous financial year.
During the financial year, the Port has handled 2,710 ships, registering an increase of 13.82 per cent over the previous financial year.
The increased performance in cargo handling has been driven by various system improvement measures undertaken by the Port, including it has frozen its tariff for cargo handling at the level of 2022 for next three years as a part of its business development initiatives. It is to be noted that Paradip Port is the cheapest in terms of tariff among all the port of the country.
Paradip Port, with 289 million metric tonnes rated capacity port as on date, is poised to cross 300 million metric tonnes capacity mark in another three years with the commissioning of Western Dock project.
The work of Western Dock project with 25 million metric tonnes capacity is in full swing. The said project will also increase the draught of the port, enabling the port to handled fully laden cape vessels by 2026.
Paradip Port, which has mechanized 80 per cent of the berths as on date, plans to become 100 per cent mechanized by 2030 with the mechanization of existing 4 semi-mechanized berths. The Port has also planned to add another 4 berths for which requisite approval will be taken during the current financial year, itself.
Paradip Port is planning to improve connectivity by commissioning two road flyovers within its premises with a cost of Rs 150 crores to avoid surface crossing of rail and road traffic. This will enable the Port to handle road traffic seamlessly. (ANI)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

Unlocking CSR Impact: Give Discover Launches Grantmaker Profiles, Bridging NGO-Funder Gaps – World News Network

13th Global Festival of Journalism and AVGC Noida 2025 Kicks Off with Grandeur at Marwah Studios – World News Network

India-US taking steps to strengthen economic ties, enhance bilateral trade – World News Network

Prahlad Joshi inaugurates the seventh edition of The Pulses Conclave 2025 by IPGA at Bharat Mandapam, New Delhi – World News Network

Piyush Goyal discusses shipping-logistics growth potential with Mediterranean Shipping Company – World News Network

Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Good Luck Producer Dr.(Er.) Azad Jain opens up about his decision to back the film, his working experience and more – World News Network
Next Article What is an Anti Deepfake Headset, and how does it work? – World News Network
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

- Advertisement -

Latest News

“This film was a special one”: Sidharth Malhotra celebrates 7 years of ‘Aiyaary’ – World News Network
Entertainment February 17, 2025
Sivakarthikeyan’s next with AR Murugadoss titled ‘Madharasi’ – World News Network
Entertainment February 17, 2025
WPL 2025: Renuka, Mandhana shine as RCB ease past DC by eight wickets – World News Network
Sports February 17, 2025
‘Sonic the Hedgehog 3’ gets OTT release date – World News Network
Entertainment February 17, 2025

Sports

Indian Men’s Hockey Team eyes winning momentum as it prepares to lock horns with Germany in FIH Pro League – World News Network
Sports
RCB unveils key visual paying tribute to relentless passion and loyalty of ’12th Man Army’ – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

BAFTA: Payal Kapdia’s ‘All We Imagine As Light’ faces another disappointment, films loses to ‘Emilia Perez’ – World News Network
Entertainment
Vicky Kaushal’s ‘Chhaava’ crosses Rs 100 crore mark at box office – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Follow US
Copyright © 2023 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?