Business Daily from THE HINDU group of publications Wednesday, Jul 02, 2008 ePaper | Mobile/PDA Version | Audio |
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Logistics
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Shipping New Mangalore port posts 103% growth in container traffic Our Bureau Mangalore, July 1 The New Mangalore Port Trust (NMPT) witnessed a growth of 103 per cent in container traffic during the first quarter of the current financial year. The port handled 7,559 TEUs (twenty-foot equivalent units) of containers during the first three months of the current fiscal against 3,713 TEUs in the corresponding period of the previous fiscal. In a press release here on Tuesday, Mr P. Tamilvanan, Chairman, NMPT, attributed the growth in container traffic to factors such as infrastructure addition, efficient handling by the port workers, and better planning by the port officers and staff. Two container handling reach stackers have been added at the port, and the capacity of stack yard has been increased. The increase in arrival of mainline vessels from East and West African countries to Mangalore Port with raw cashew containers is a boon to the trade here, he said. Expressing happiness over the marketing efforts taken by the port in highlighting the facilities available at NMP, Mr Tamilvanan thanked the supportive role played by the Kanara Chamber of Commerce and Industries and the Federation of Karnataka Chambers of Commerce and Industries in this regard. New Mangalore port handles record container traffic in a single voyage More Stories on : Shipping
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