Cochin
Port Trust has received two Best Performance Awards from Ministry of
Shipping, one for achieving the highest growth in operating surplus and
the other for achieving third highest growth in cargo traffic among the
Major Ports in the year 2016-17.
The
Awards were received from Nitin Gadkari, Hon’ble Union Minister for
Road Transport & Highways and Shipping by P Raveendran, Chairman and
Shri A.V. Ramana, Dy. Chairman, Cochin Port Trust.
Cochin
Port Trust has registered the operating profit of Rs. 127.72 crores
during 2016-17 as against Rs. 70.89 crores during 2015-16 recording a
growth of 80%.
Operating profit during 2014-15 was only Rs. 19.55 crores.