Best performance award to Cochin Port Trust
Q. Cochin Port Trust has received performance awards for which feat(s) from Ministry of Shipping?- Published on 24 May 17a. Highest growth in operating surplus
b. Third highest growth in cargo traffic among major ports in 2016-2017
c. Both of the above
d. Neither of the above
ANSWER: Both of the above
Cochin Port Trust has received two Best Performance Awards from Ministry of Shipping for the highest growth in operating surplus and also for achieving third highest growth in cargo traffic among the major ports in the year 2016-17.
Cochin Port Trust has registered an operating profit of INR 127.72 crore during 2016-17 as against INR 70.89 crore during 2015-16 recording a growth of 80 per cent.
Operating profit during 2014-15 was INR 19.55 crore.
The Port handled 25.01 MMT cargo during 2016-17 with a growth of 13.2 per cent over 22.10 MMT handled in 2015-16.
The containers handled during 2016-17 is 4.91 lakh TEUs with a growth of 17.0 per cent over 4.20 lakh TEUs in 2015-16.
