Cochin Port Trust has made a
turn-around in the financial front by making a net surplus of about Rs.4 crore
overcoming the loss registered continuously during last 10 years, according to
an official statement.
The Port achieved an all-time
high cargo throughput of 29.14 million metric tonnes for the year 2017-18
recording an impressive growth of 16.51% over 2016-17. Incidentally, the cargo
growth rate is the highest amongst all the Major Ports of India. Container
traffic grew by 13% during the same period.
I PHYSICAL PERFORMANCE
i. During 2017-18 the Port handled a Total traffic of 29.14 Million
Metric Tonnes (MMT) as against 25.01 MMT during 2016-17 registering a growth of
ii. The Total no. of Containers
handled during 2017-18 is 5.55 lakhs TEUs (Twenty-foot Equivalent Units) and
during 2016-17 is 4.91 lakhs TEUs registering a growth of 13%.
iii. Total POL (Petrol, Oil & Lubricants) handling improved from
15.79 MMT during 2016-17 to 18.66 MMT during 2017-18 registering a growth rate
iv. Cochin is the most
preferred cruise destination port in India with 42 Cruise vessels called at the
Port during 2017-18.
v. Cochin Port handled Coastal Steel Cargo of Rastriya Ispat Nigam
Ltd. (RINL), Vishakapatnam by Coastal Shipping with effect from October 2017.
vi. The Port could attract
river sand & Illmenite sand vessels during the current year and handled
1.33 lakhs & 0.37 lakhs respectively during 2017-2018.
vii. Introduction of Incentive/Penalty Scheme under Berthing Policy of
Govt. of India w.e.f. 04/06/2017 has helped to achieve higher productivity in
handling POL & Cement.
viii. Cochin Port Trust and
Indian Navy entered into a Memorandum of Understanding (MoU) for utilising the
Q2-Q3 berths at Mattacherry Wharf of Cochin Port for berthing Indian Navy
ships. The MoU was signed on 5/1/2018. As per the MoU, Cochin Portís Q2 and Q3
berths at Mattacherry Wharf, totaling 228m.
The official release gives further information under the following
headings: Efficiency Parameters, Financial Performance (tentative), Projects
under which it talks about Sagarmala projects and other projects; Future
Projects and Ease of Doing Business.