• India
  • +91-22-41271324
  • contact@shippingtribune.com

The Shipping Tribune


Chennai ports set record in cargo handling

news-details

Chennai Port and Kamarajar Port have together set a new record by handling over 100 million metric tonnes (MMT) of cargo for the first time.

Chennai Port Authority and Kamarajar Port Chairman Sunil Paliwal said the combined cargo throughput of the ports reached 103.37 MMT in 2024-25.Chennai Port handled 54.96 MMT, while Kamarajar Port contributed 48.41 MMT, resulting in a combined year-over-year (YoY) increase of 6.7%.

Individually, Chennai Port recorded a 6.5% YoY increase, and Kamarajar Port saw a 6.9% YoY increase for the period. Paliwal anticipates a 7% growth in cargo throughput for the current financial year.

The ports have also recorded strong financial performance, with a combined operational income exceeding Rs 2,200 crore. While Chennai Port generated Rs 1,088.22 crore, Kamarajar Port has earned Rs 1,130.60 crore in 2024-25.

Kamarajar Port also achieved a Profit After Tax (PAT) of Rs 545.95 crore, crossing the Rs 500-crore-mark for the first time. A Multi-Modal Logistics Park (MMLP) being built on 184.27 acres of land at a cost of Rs 1,424 crore at Mappedu in Tiruvallur district is among the major infrastructure projects being implemented to enhance port operations. The first phase of the three-phase project is targeted for completion by February 2026.

Source: The New Indian Express

#theshippingtribune #latestnews #shippingnews #dailynews #Maritimenews #shippingindustry 
 

You can share this post!

Related News

Comments

Leave Comments

instagram takipçi satın almak

Tik tok izlenme satın al

instagram takipçi satın almak mı istiyorsunuz ozaman sizlere türkiyenin en güvenilir sitesi olan instagramtakipz.com sitesini öneriyoruz iyi alışverişler diliyoruz.