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Visakhapatnam Feb. 26 Visakhapatnam port crossed the 50-million tonne mark this week for the third year in succession and the port is projected to handle 57-58 mt of cargo by the end of the financial year against a target of 61 mt set by the Union Ministry of Shipping.

According to sources, the port is still number one in terms of throughput among all ports in the country, a distinction it has retained for the past seven years.

The shortfall in terms of the target is explained by the shortfall in iron ore due to policy changes.

The port depends mainly on bulk cargo.

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