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Kolkata port, now known as Syama Prasad Mookerjee Port, on Tuesday announced that it has handled 65.66 million tonnes of cargo in the 2022-23 financial year, up by 12.87 per cent. It clocked a net surplus (profit) of Rs 304 crore in FY'23, increasing by over 152 per cent from Rs 120 crore in the previous fiscal. The port also said a long-awaited trial run to Sittwe Port in Myanmar will be conducted in April with a cargo of 3,000 tonnes of cement. The initiative is part of Kaladan Multimodal Transit Transport project. The objective of the project is to provide alternative connectivity to the North East region from Kolkata port through Sittwe Port up to Paletwa in Myanmar by waterway and Paletwa to Zorinpui by road in Mizoram. SMP Chairman P L Haranadh attributed the net surplus growth to higher cargo handling, cost-cut measures and reduction in the requirement for contribution to the pension shortfall fund. He also said that provisioning for the pension liability shortfall has bee
The proposed night navigation facility at the Kolkata dock system, and the upcoming Rs 450-crore terminal in West Bengal's Balagarh will enhance productivity of the Syama Prasad Mookherjee Port by 30 per cent, a top official said on Sunday. The SMP, earlier known as the Kolkata Port, is working closely with IIT-Chennai and Belgium's Port of Antwerp to roll out night navigation over the next three months, he said. The Balagarh terminal is expected to be operational in the next 24 months. The Balagarh Island lies about 85 km upstream from Kolkata port's main docks on the Inland Waterway-1 in Hooghly district. "The upcoming terminal along with night navigation will significantly enhance the port's productivity. The initial plan was to introduce night navigation until Uluberia, but the port has now decided to extend it until Diamond Harbour, " SMP Deputy Chairman (Kolkata) Samrat Rahi told PTI. At present, the night navigation system is available till Haldia. "It will improve the ...
Kolkata Port, now known as the Syama Prasad Mookerjee Port, on Friday said it has posted a record cargo handling of 54.254 million tonne in the first 10 months of the current fiscal, registering a 14.75 per cent growth over the same period last year. This achievement helped the riverine port rank fifth among Indian major ports, up from its previous sixth position, port chairman P L Haranadh said. SMP Kolkata manages two dock systems-Haldia Dock Complex (HDC) and Kolkata Dock System (KDS). HDC handled 40.162 million tonne of cargo and KDS 14.092 million tonne during the April-January period of the current fiscal. Both the dock system logged year-on-year growth of over 15 per cent, he said. The rail-borne traffic expanded to 28.823 million tonne was a significant factor to the port's achievement. Haranadh attributed diverse and the arrival of new and additional cargo to the record performance. The major commodities that contributed to the growth of traffic were LPG, vegetable oil,
The Kolkata port is looking to tap into seafood export opportunities from Odisha in a bid to increase the business volume from the region. The port, formally known as the Syama Prasad Mookerjee Port, held a meeting with the stakeholders of the seafood export sector in Bhubaneswar on Wednesday regarding business prospects and issues faced by them. The officials wanted to get feedback regarding how the port could provide more facilities and improve the services to meet their needs and do better business. "We want to listen to your problems so that we can improve on them," Kolkata port chairperson Vinit Kumar told the exporters at the meet. The port is focusing on how to increase the partnership and develop a very good relationship with the seafood exporters of the region. "We'll try to fulfill your expectations so that both of us can benefit through the valuable partnership, good service and lowering cost," Kumar said. He pointed out that a lot of modernisation and investment in ..