Cargoes moved by rail at New Mangalore Port have seen a growth of 54 per cent during 2012-13.
According to a press release that quoted P. Tamilvanan, Chairman of New Mangalore Port Trust (NMPT), 58.07 lakh tonnes of cargo were moved by rail at the marshalling yard of NMPT until Monday (March 25) of the 2012-13 fiscal year as against 37.71 lakh tonnes handled during the corresponding period of 2011-12, recording a growth of 54 per cent.
This has contributed revenue of Rs 350 crore to the Railways, it said.
12 rakes handled
The port handled a record 12 rakes in a day on March 22 at the railway marshalling yard. Of the 12 rakes, 11 were loaded with coal , it said.
Cargo moved through rail at the port — which was at 5.67 lakh tonnes in 2004-05 — increased to 67.30 lakh tonnes in 2009-10.
There was a dip in the rail-bound traffic after 2009-10 due to the shortfall in the handling of iron ore fines.
The shortfall was overcome by increased handling of other cargo such as coal, maize, and wheat, the port said.
Infra thrust
To cope up with the increase in traffic, the port authorities invested in additional infrastructure, strengthened the old railway lines, and added new lines, according to the press release.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.