• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Iron ore shipments via west coast ports have not been badly hit by the recent hike in duty on exports. Take the Mormugao port, the country's largest iron ore exporting facility. In 2005-06, the port handled 24.93 million tonnes. The corresponding figure for 2006-07, it is estimated, will be up by more than a million tonnes at 25.98 m.t.

At another Goa port, Panjim, also it is a similar picture. The throughput at Panjim was 10.34 m.t. in 2005-06, and is likely to rise to 13.6 m.t. in 2006-07. Bellikeri, another west coast port, handled 1.85 m.t. in 2005-06 and the throughout for 2006-07 is estimated at 2.83 m.t. If the iron ore throughput at New Mangalore shows any decline this fiscal, it would be not so much because of the duty hike; as for other reasons.

The Supreme Court has stopped mining by the Kudremukh Iron Ore Company on the ground of the protection of environment. As a result, the throughput this year dropped by nearly 3.5 m.t. over last year. Karwar port's throughput too will drop, though marginally, to 1.52 m.t. this fiscal from the last year's 1.85 m.t.

More Stories on : Shipping | Minerals

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Chennai airport being spruced up

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line