VPT cargo handling crosses 60-million tonne mark in FY 2017

Posted by Daily Shipping Times on 05-04-2017        Tweet

VISAKHAPATNAM: The Visakhapatnam Port has crossed the 60-million tonne mark again after several years during the current financial year (2016-17), according to sources. Last year the port handled 57 million tonnes.

The sources said the port had already crossed the 60-million tonnes mark and probably it would touch 61 million tonnes.

VPT may end up with that figure fourth or fifth among the Major Ports  in the Country. "It is a very creditable performance. We are happy with it. We have improved our efficiency parameters and our clients are happy with us. We have taken up a number of projects which are in execution stage. The port's performance is set to improve further," said P. L. Harnadh, the Deputy Chairman.

Iron ore had gone up by 5-6 million tonnes but coal handling had come down by 4-5 million tonnes in comparison with last year. The port handled container cargo of 1.25 million tonnes, up by 26 per cent.

The port faces stiff competition from neighbouring Gangavaram Port and other private ports in the State such as Kakinada and Krishnapatnam besides Paradip in Odisha.