The VOC port exceeds the annual target set by the Ministry of Shipping

The port of VO Chidambaranar in Tuticorin on Wednesday surpassed the cargo throughput target of 36 million tons set by the Ministry of Ports, Shipping and Waterways, 17 days before the end of the 2022-23 financial year.

The port has handled 36.03 million tons of cargo as of March 14 of this fiscal year, posting 11.35% year-on-year growth despite disruptions in the global supply chain, according to port authorities.

The main commodities that have experienced significant growth are building materials (67.41%), thermal coal for NTPL (63.16%), limestone (51.72%), sulfuric acid (37.34%), palm oil (35, 55%), industrial coal (25.08%). ) and thermal coal for TNEB (12.80%).

The main factors that have contributed to the increased cargo handling activity are bulk handling, the introduction of a preferred berth system, letter of intent based customer retention, the attraction of ad hoc mainline calls of container ships, increased coastal movement of salt and the Implementing easy-of-doing business initiatives, said Port Authority Chairman TK Ramachandran.

“Volumes are recovering in all cargo types and I am confident that VOC Port will continue to hit milestones in the years to come. I congratulate the efforts of all employees, unions, terminal operators, enterprising port users and stakeholders on this remarkable achievement and thank them for their tireless support for the port’s growth and development,” said the Chairman.

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