Cochin Port registers 3% progress with highest cargo visitors of 36.32 mt in FY24

Cochin Port registered a 3 per cent progress in its cargo throughput of 36.32 million tonnes throughout FY24.

A press assertion from the port authority claimed that the achieved determine can also be the very best cargo visitors recorded on the port. Out of the entire cargo dealt with, liquid bulk cargo and containers constituted the bulk . Dry bulk (3 per cent) and break bulk cargo (1 per cent) comprised the remaining portion of the cargo.

The annual visitors was led by a powerful progress of 8.57 per cent in liquid bulk cargo (24.83 million tonnes), pushed primarily by crude, petroleum merchandise, and liquefied pure gasoline (LNG).

A report 17.20 million tonnes crude and 5.86 million tonnes of petroleum merchandise had been dealt with throughout the yr. The port additionally dealt with 1.13 million tonnes of LNG, which is eighteen.58 per cent larger than the earlier yr.

The port has additionally began dealing with Liquified Petroleum Fuel (LPG) on the multi-user liquid terminal, which was inaugurated by the Prime Minister in January.. The yr additionally noticed the port widen its cargo profile dealing with 1,33,534 tonnes of LPG. The port dealt with 3,44,001 tonnes of bunkers in FY24.

Thus the Cochin Port Authority has made a reputation for itself as a dependable and distinguished vitality port providing uninterrupted providers to all liquids; bulk and tankers carrying crude, petroleum, Oils and Lubricants (POL), LPG and LNG, and bunkers across the yr.

The container visitors additionally registered an all-time excessive, with the Worldwide Container Transshipment Terminal (ICTT) below DP World dealing with 7,54,237 TEUs. It’s a report dealing with surpassing the earlier finest of seven,35,577 TEUs dealt with in 2021-22. Within the earlier yr, ICTT had dealt with 6,95,230 TEUs.

Of the 7,54,237 TEUs, the exim containers constituted 3,83,232 TUEs (51 per cent) and three,71,005 TEUs coastal visitors (49 per cent). The transhipment volumes stood at 1,05,405 TEUs.

ICTT additionally dealt with 75,370 TEUs in March 2024, which is the very best month-to-month quantity, surpassing the earlier highest of 75,141 TEUs dealt with in February 2024.