Paradip Terminal records 0.8 MMT of cargo handling in April

The terminal has handled around 33 MMT of cargo and catered to 556 vessels since its commissioning, the private port operator said.

AgenciesUpdated: Thursday, May 26, 2022, 02:26 PM IST
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''Essar Ports-run Paradip Terminal has recorded 0.8 MMT of cargo handling in April, a run rate of 9.5 MMT for this fiscal, suggesting a growth of around 40 per cent on an annualised basis,'' it said. /Representative image | Photo Credit: Pexels

Essar Ports-run Paradip Terminal has recorded 0.8 MMT of cargo handling in April.

The terminal handled a record cargo of around 6.8 MMT during FY21, the highest annual cargo handled since its commissioning, Essar Ports said in a statement.

''Essar Ports-run Paradip Terminal has recorded 0.8 MMT of cargo handling in April, a run rate of 9.5 MMT for this fiscal, suggesting a growth of around 40 per cent on an annualised basis,'' it said.

It also recorded the highest load rate of 70,000 tonnes in a day with an average berth Turnaround Time (TAT) score of 1.23 days per vessel, while the average throughput in FY 2021-22, stood at 49,500 tonnes/day, as per the statement.

The terminal has handled around 33 MMT of cargo and catered to 556 vessels since its commissioning, the private port operator said.

''Our all-round performance is a result of our innovative approach, developing state-of-art solutions and investment in future-ready technology. ''All investments in the terminal are a reflection of Essar's ESG philosophy and an approach that places people before profits,'' said Rajiv Agarwal, Operating Partner (Infrastructure), Essar and Managing Director, Essar Ports.

The 16 MTPA all-weather deep-draft terminal in Paradip Port is strategically located in the Bay of Bengal in close proximity to China, Japan, Myanmar and the rest of the southeast-Asian region.

The terminal also serves the coastal movement for the steel industry within India.

(With PTI inputs)

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