Business Daily from THE HINDU group of publications Tuesday, Mar 13, 2007 ePaper |
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Logistics
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Shipping Seaways starts coastal movement of steel Our Bureau
Mumbai March 12 Shipping and logistics service provider Seaways has commenced coastal movement of steel from Vizag to Kolkata ports. For the first time, steel products from Rashtriya Ispat Nigam Ltd (RINL) were loaded into containers and moved from Vizag port to Kolkata. The operation involved picking up steel long products weighing 1,000 tonnes from Vizag Steel Plant, stuffing into containers, coastal transportation and finally delivering the cargo to RINL's stock yard in Kolkata. Capt. Vijay Gopal, CEO of the Hyderabad-based Seaways Group, feels that with the growing economy and significant infrastructure development across the country, there has been increased activity in movement of various cargoes in the country. "Though India has over 7,000 km vast coast line, there has not been much emphasis on carriage of goods through coastal shipping vis-à-vis road and rail. Coastal shipping has several advantageous for a country like India," he said.
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