Mongla Port sets new revenue record by earning Tk 343.33cr
Business Desk :
Mongla Port Authority (MPA) has set a new record by earning Taka 343.33 crore in revenue through handling 10.41 million tonnes of cargo during the 2024-25 fiscal year.
The net profit stood at Taka 62.1 crore, which is 203.49 percent higher than the target of Taka 20.5 crore set by the MPA.
During the period, a total of 11,579 reconditioned vehicles were imported through the country’s second-largest seaport, reports BSS.
Earlier, the MPA had set a target of earning Taka 333.87 crore by handling 8.88 million tonnes of goods. However, the authority exceeded the target, increasing revenue by Taka 9.46 crore (2.83 percent) and cargo handling by 1.53 million tonnes (17.25 percent).
A total of 21,456 TEUs (Twenty-foot Equivalent Units) containers were handled during the fiscal year, surpassing the MPA’s target of 20,000 TEUs.
According to MPA data, 10.412 million tonnes of goods were loaded and unloaded during FY 2024-25, compared to the target of 8.88 million tonnes. This marks a significant rise in cargo handling performance.
Cargo handling at the port stood at 10.86 million tonnes in FY 2023-24, while it was 9.90 million tonnes in FY 2022-23. Similarly, container handling reached 31,044 TEUs in FY 2023-24 and 26,583 TEUs in FY 2022-23.
In addition, 830 commercial foreign ships arrived at and departed from Mongla Port during FY 2024-25, exceeding the target of 800 vessels set for the period.
According to port sources, the successful completion of dredging activities on several river channels, including the Mongla-Ghasiakhali route, has enabled larger vessels to dock directly at the port jetty. This development has significantly improved navigability, raising expectations for increased vessel traffic at the port.
Citing recent statistics, officials said the port has made notable progress in all three major categories: container handling, cargo volume, and vessel arrivals.
Mongla Port Authority (MPA) Chairman Rear Admiral Shaheen Rahman said the port remained fully operational even during difficult times, playing a crucial role in supporting the national economy.
“Despite the risks, we continued operations to keep the country’s economy afloat,” he said. “We’ve now reached a record milestone, which will improve our global port ranking. It also proves that the country’s economy is growing, and foreign trade is expanding.”
