Krishnapatnam Port’s Cargo Handling Up 25% In FY18

Krishnapatnam Port’s Cargo Handling Up 25% In FY18

Krishnapatnam Port Company Limited (KPCL) aims to handle 55 million tonnes of cargo during the current fiscal as against 45 million tonnes last year, a top executive of the port said here today.

The port is expected to handle about seven lakh containers (TEU) in the current year, KPCL Director and CEO, Anil Yendluri said at a press conference.
It handled over 4.81 lakh containers (TUE) last year, he added.

“KPCL handled 45 Million Metric Tonne(MMT) of cargo in 2017-18 thus, achieving a 25 per cent growth over 36.10 MMT handled in the previous fiscal,” he said.
The company witnessed a record 88 per cent rise in the number of containers it handled at 4,81,408 TEUs in FY 18 against 2,55,439 TEUs during the previous fiscal, Yendluri said adding total bulk cargo handled by the port stood at 37 MMT.

“This year we are looking at looking at 700,000 containers (TUE) through our container terminal and cargo we are looking 55 million tonnes,” he said.
Coal, iron ore and granite dominated the cargo portfolio handled at Krishnapatnam Port. Read More

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