The Paradip Port achieved new heights with the recent record-breaking achievement of clocking incredible 145.38 MMT cargo throughput in FY 2023-24 and thereby overtook Deendayal Port, Kandla to emerge as the highest cargo handling major port of the country.

During the financial year, the port achieved highest ever coastal shipping traffic of 59.19 million metric tonnes, with a growth of 0.76 million metric tonnes i.e. 1.30% over the previous year. The thermal coal coastal shipping has reached 43.97 million metric tonnes i.e. 4.02% over the previous year cargo handling.

The 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% growth. The berth productivity is the highest among all the ports of the country. The port has handled 21,665 rakes, registering a growth of 7.65% over the previous financial year. Also, the port handled 2,710 ships, registering an increase of 13.82% over the previous financial year.

Improved system of operation at mechanized coal hand plant to reduce idle time between rake unloading has resulted in highest handling of thermal coal at MCHP i.e. 27.12 million metric tonnes.

The northern dock of the port has been declared for handling16 meters draught cape vessels.

In terms of provisional financial results, the operating revenue has crossed Rs 2,300 crore against Rs 2,074 crore in comparison to previous fiscal, resulting in an increase of 14.30%. The operating surplus has crossed Rs1,510 crore against last year of Rs 1,300 crore with a growth of 16.44 %.

Paradip Port, which has mechanized 80% of the berths as on date, plans to become 100% mechanized by 2030 with the mechanization of existing 4 semi-mechanized berths.

PPA Chairman PL Haranadh has congratulated the entire team comprising exporters and importers, officers, staff unions, PPP operators, stevedores, shipping agents etc, whose combined effort has resulted in the stupendous achievement.