Odisha’s Paradip Port registers the highest growth of 16.56% among ports in India in FY2022-23

Paradip Port in Odisha’s Jagatsinghpur district handled its highest-ever annual traffic of 135.36 million tonnes (MT) in FY2022-23, up from 116.13 million tonnes in the previous financial year.

The port recorded the highest growth ever in its history at 19.2 million tons (16.56%) in a single financial year. According to a press release from the Paradip Port Authority, the growth in cargo throughput achieved by Paradip Port is the highest among all major and non-major ports in the country.

Paradip Port contributed 19.2 MT, accounting for 25.6% of the aggregate cargo throughput growth achieved by all major ports in FY2022-23. It achieved its highest-ever coastal shipping traffic of 58.42 tons, with a growth of 16.22 tons, a 38% year-on-year increase.

Paradip Port improved its berth productivity to 31,050 MT from 27,295 MT in the previous fiscal year, registering growth of 13.76%. The berth productivity thus achieved is the highest of any port in the country. In the fiscal year, the port handled 20,126 rakes and 2,394 ships.

With a capacity of 289 MT, Paradip Port is poised to surpass the 300 MT mark with the commissioning of the Western Dock project in another 3 years. The project will also increase the port’s draft, allowing it to handle Cape ships by 2026.

PL Haranadh, Chairman of Paradip Port, congratulated the entire team of exporters and importers, officers, labor unions, PPP operators, stevedores and shipping agents for their combined effort that has led to this amazing achievement.

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