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Record handling of cargo by Vizag Port

Apr 2, 2020, 18:40 IST
PTI
Visakhapatnam, Apri 2 (): The Visakhapatnam PortTrust (VPT) has set an all-time high of handlingover 72.72 million metric tonnes of cargo during the fiscal2019-20, VPTchairman K Rama Mohana Rao said on Thursday.

In a statement here, he saidthe port handled 72.72million metric tonnes of cargo as against 65.30 millionmetric tonnes handled during 2018-19.

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Also, the port achieved anincremental growth of 11.5 per cent, that is, 7.42 million metric tonnes.

With this growth, Visakhapatnam Port has scaled upto third positionamong the major ports after Kandla andParadip Ports, surpassing JNPT and Mumbai Ports.

This is the best-ever cargo handled in the 86-yearhistory of Visakhapatnam Port since 1933.

It surpassed comfortably the nine-year-old recordof 68 million tonnes, handled by the port in 2010-11, whenthe privateports like Gangavaram and Krishnapatnam were notactive at that time.

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The achievement by VPT despite heavy competitionwithprivate ports, the general economic slowdown in thefinancial year and massive impact on EXIM Trade due tooutbreak of COVID-19 is significant, Rao said. CORNVG NVG

(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)
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