Odisha's Paradip Port registers 18% cargo growth in first quarter of FY18

Port handled 24.44 million tonnes of cargo in the first quarter

Paradip port has outpaced all major ports in terms of cargo growth, achieving 18 per cent volume growth in cargo handling in the April-June quarter. The Paradip Port Trust (PPT) handled 24.44 million tonnes (mt) of cargo during the said period, as compared to 20.59 mt in the corresponding period last year.

The number of vessels handled by the port has accordingly recorded a growth of 12.34 per cent as the port handled 437 ships in FY18 (up to June 2017). In the previous financial year 2016-17, it handled 389 ships during the same period.

The port has already taken