Business Daily from THE HINDU group of publications
Wednesday, Oct 24, 2007
ePaper | Mobile/PDA Version


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Logistics - Shipping
New Mangalore port cargo handling up 14% in first half

Rail-bound traffic rises by 119%

Our Bureau

Mangalore, Oct. 23

The New Mangalore port handled 17.98 million tonnes of cargo during the first half of the current financial year as against 15.77 mt in the corresponding period of the previous year, recording a growth of 14 per cent.

Mr P. Tamilvanan, Chairman of New Mangalore Port Trust (NMPT), attributed this growth to various factors, including the increased volume of traffic in iron ore; POL, LPG, crude and petroleum products, coal and container cargo. Added to this, the railway-bound traffic also saw a more than 100 per cent growth during the period.

In the first six months of 2007-08, the port handled 9,980 TEUs (20-foot equivalent units) of containers as against 8,025 TEUs in the corresponding period of previous year, registering a growth rate of 24.36 per cent. New feeder container vessel connecting the JNPT with the NMPT commenced operation. The port added facilities such as reach stacker and paved stack yard for stacking containers.

Giving details about the facilities, he said that first gearless vessel – m.v. Navios Gemini S – had called at the port to load 67,055 tonnes of iron ore to China.

As many as 556 vessels (503 vessels) were handled at the port in the first six months of the fiscal, recording a growth of 10.53 per cent during the year.

RAILWAY TRAFFIC

One of the major developments in cargo handling during the period was the increase in the railway-bound cargo at the port. During the first half of the fiscal, the port handled 26.30 lakh tonnes of railway-bound traffic as against 12.01 lakh tonnes in the corresponding period of the previous fiscal, registering a growth of 119 per cent.

Mr Tamilvanan told Business Line that Mr V.N. Mathur, Member (Traffic), Railway Board, during his recent visit to the port visited the facilities at the Railway Marshalling Yard at Panambur near the port.

Discussions were also held with the General Managers of South Western Railway and Southern Railway, and the Chief Operational Manager of Southern Railway for improvements in railway connectivity.

PASSENGER VESSEL

The first passenger vessel of the cruise season, m.v. Ocean Oddeyssey, had called at the port with tourists from the UK, he said.

The vessel started its voyage from Sri Lanka and after visiting Goa it reached the NMPT. Later, it left for Lakshadweep.

More Stories on : Shipping

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



Stories in this Section
SpiceJet looking at tier II cities for spreading wings


Central clearance for greenfield airports may go
New Mangalore port cargo handling up 14% in first half
Balmer Lawrie plans to buy tour operating co
‘Low wages proving costly for Railways’
Begumpet airport issue: Employees’ union turns to MPs for support
Vodafone ties up with Kerala postal circle
Rs 4.75 cr for road improvement


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

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