Essar Ports cargo traffic up 25% to 73 mn tonnes

Essar Ports on Wednesday announced that the cargo traffic at its terminals climbed 25 per cent to nearly 73 million tonnes (MT) during the fiscal ending March 31.

"The consolidated cargo handling across the company's five operational ports in Hazira (Gujarat), Paradip (Odisha), Visakhapatnam (Andhra Pradesh), Salaya (Gujarat) and Vadinar (Gujarat) rose to 72.86 million tonnes in FY 2016-17, compared with 58.27 million tonnes in the previous fiscal,"

"Third-party traffic grew by 60 per cent," it said. "The growth in Essar Ports' dry bulk cargo has been a remarkable 52 per cent at 30.39 million tonnes in FY16-17 compared with 19.97 million tonnes in FY15-16," it added.

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