Essar Bulk Terminal Paradip Ltd (EBTPL) today claimed it has surpassed several of its own performance benchmarks in the first few months of the current fiscal and achieved the highest load rate ever recorded at Paradip port.
This was made possible through loading of bigger parcel sizes, faster turnaround of vessels and minimised berth stay durations.
“This year, our terminal has not only berthed the biggest vessel for loading, but also recorded the highest ever loading rate at Paradip Port,” Rajiv Agarwal, Managing Director, Essar Ports, said in a statement.
“We will continue to focus on delivering operational excellence and setting new benchmarks. We thank the Paradip Port Trust authorities for their unstinting support in helping us attain our performance goals,” he said
EBTPL successfully loaded more than 1,00,000 tonnes of pellets into MV Shravan (sailed) at an average load rate of almost 4,300 tonnes per hour (TPH), which is a record.
In contrast in FY 2016, EBTPL had loaded 75,000 tonnes in a vessel in 18 hours, achieving a load rate of nearly 4,200 TPH, Agarwal said, adding overall cargo handling by Essar Ports Ltd (EPL), which is the holding company of EBTPL, has witnessed a significant jump in the last four months.
During April-July, EBTPL alone handled close to 1 million tonnes of cargo, a growth of nearly 40 per cent compared with 0.7 tonnes handled in the same period last year. In FY2017, EBTPL successfully berthed bigger vessels and has accommodated a 106,000 DWT vessel (loading) — the largest in the history of the port, a company statement said.
EBTPL’s improved operational performance comes on the back of enhanced production delivered by Essar Steel, its anchor client that recorded its highest ever pellet production in July 2016. With Essar Steel production expected to increase further in FY17, total cargo handling at Paradip is also likely to grow significantly, with port traffic expanding by more than 100 per cent, it said.
Essar’s Dry Bulk Terminal at Paradip Port is an all-weather deep draft facility that has the capability to serve the rapidly growing markets of South-east Asia, including China, Japan and Myanmar.
It is integrated with its anchor client Essar Steel, which operates a 12 million tonnes pellet plant in Paradip, through a fully mechanised dry bulk terminal and a 9.15-km conveyor system. It was recently declared the winner of Golden Peacock Environment Management Award, it said.