Cochin Port Trust records growth of 16.51 % during last financial year

The Cochin Port Trust has recorded an impressive growth of 16.51 per cent during the last financial year. The Port has made a turn-around in the financial front by making a net surplus of about 4 crores rupees, overcoming the loss registered continuously during last ten years.

The Port achieved an all-time high Cargo throughput of 29.14 million metric tonnes this year, recording an impressive growth of 16.15 per cent over 2016-17. Incidentally, the Cargo growth rate is the highest amongst all the major Ports of India.  According to Port Trust, container traffic also grew by 13 per cent during the same period. Cochin is the most preferred cruise destination Port in India with 42 Cruise vessels called at the Port during 2017-18.