Paradip Port posts highest cargo throughput in FY 2023-24 among Indian Major Ports

Paradip Port Authority (PPA) has reached new heights in cargo handling with the record-breaking 145.38 MMT cargo throughput in FY 2023-24 to emerge as the highest cargo handling major port of the country. Paradip Port has also recorded growth of 10.02 million metric tonnes (7.4%) of traffic on YoY 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 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. 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% 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% over the previous financial year. During the financial year, the Port has handled 2710 ships, registering an increase of 13.82% over the previous financial year.

With 289 million metric tonnes rated capacity port as on date, Paradip Port 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 project will also increase the draught of the port, enabling it to handle fully laden cape vessels by 2026.

Paradip Port, which has mechanized 80% of the berths as on date, plans to become 100% mechanized by 2030 with the mechanization of existing four semi-mechanized berths. The Port has also planned to add another four berths for which requisite approval will be taken during the current financial year itself.