Business Daily from THE HINDU group of publications Tuesday, Mar 20, 2007 ePaper |
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Logistics
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Shipping Industry & Economy - Coal New Mangalore port handles record coal cargo Our Bureau
Mangalore March 19 The New Mangalore Port has handled a record quantity of 22,117 tonnes of steam coal in vessel MV Spar Draco on March 17. A release by the shipping agency, Seaways Shipping Ltd, on Monday said that the vessel carrying 51,908 tonnes of coal arrived at New Mangalore Port on March 16. Imported from Richards Bay Port in South Africa, the coal is for consumption for steel and power generating units located at Bellary, Hospet and Hassan regions in Karnataka. Agarwall Coal Corporation Pvt Ltd of Indore - one of the major coal traders in the country - imported the steam coal from South Africa. The trader, who was importing coal at Visakhapatnam and Chennai ports, diverted the cargo to New Mangalore last month. The trader has handled two shipments in New Mangalore.
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