Port Wings News Network:
On 14 March 2023, V.O. Chidambaranar Port has surpassed the cargo handling target of 36 Million Tonnes, set by the Ministry of Ports, Shipping and Waterways, 17 days ahead in this financial year 2022-23.
According to a media statement, the Port has handed 36.03 Million Tonnes of cargo, this financial year, upto 14.03.2023 and has achieved a Y-o-Y growth of 11.35%, despite disruptions in global supply chain.
The major commodities that have witnessed considerable growth are Construction Material (67.41%), Thermal Coal (NTPL) ( 63.16% ), Lime Stone ( 51.72% ), Sulphuric Acid ( 37.34% ), Palm Oil ( 35.55% ), Industrial Coal ( 25.08% ), Thermal Coal (TNEB) ( 12.80%).
The major factors that have contributed to the increased cargo handling activity are Bulk cargo transhipment, implementation of Preferential Berthing Scheme, MoU based customer retention, attraction of Ad-hoc container mainline vessel calls, increased coastal movement of salt and implementation of Ease of Doing Business initiatives.
Shri T.K. Ramachandran, IAS, Chairman, V.O. Chidambaranar Port Authority, remarked “The volumes are bouncing back in all forms of cargo, and I am confident that VOC Port will achieve greater milestones in the coming years. I congratulate the efforts of all the Employees, Trade Unions, Terminal operators, enterprising Port users and Stakeholders for this noteworthy achievement and thank them for their unstinted support for the growth and development of the Port”.