Essar Ports cruising along with Third Party partners
Apr 30th, 2019
In FY19, Essar Ports handled a total of ~40 MT which is an 11% increase over the total cargo handled in the previous fiscal. The growth has been driven by a 6% increase in captive cargo and a whopping 36% increase in third-party cargo. These are great numbers especially if compared with the industry average of 5-6%.
As the expansion and investment programme Essar Ports underwent is complete, the company has considerably ramped-up capacity paving way for further growth in the coming financial year. Plans are already underway to increasing Essar Port’s cargo handling by 50% to 60 MTPA in FY20.
We wish the team good luck and success in ensuring that the throughput of our facilities is maximised, and our customers get the best of services.