The Visakhapatnam Port Belief shipped a file 72.72 million tonnes of cargo throughout the 2019-20 monetary 12 months in opposition to 65.30 million tonnes dealt with in 2018-19, accounting to a rise of 11 per cent, stated Visakhapatnam port belief chairman Okay Ram Mohan Rao on Tuesday.
As per an official launch, Mr Rao stated that the Visakhapatnam Port Belief transported 32.77 million tonnes of cargo within the first half of the 2020-21 monetary 12 months. Throughout the identical interval final fiscal, it shipped 34.75 million tonnes.
“Throughout the first half of this 12 months, there was 1.98 million tonnes much less freight in comparison with the earlier monetary 12 months. That is 5.7 per cent much less in comparison with the primary half of final 12 months. The Visakhapatnam Port Belief recorded a decrease decline than all different managerial posts by way of decline in freight visitors,” he stated.
“The Visakhapatnam Port Belief dealt with a complete of 1056 vessels within the first half of the 2019 monetary 12 months. The belief made 1016 vessels between April and September this fiscal 12 months,” he added.
The Visakhapatnam Port Belief has to date spent Rs 2,000 crore in PPP mode to completely automate cargo handlings reminiscent of coal and iron, the discharge stated.
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