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Chidambaranar Port handles record through put during the year

Steel News - Published on Wed, 09 Apr 2014

Business Standard reported that registering a growth rate of 1.35% despite global cues, V O Chidambaranar port, one of the fastest growing major ports in the country, has handled record through put of 286.42 lakh tonne during year 2013 to 2014, surpassing previous year\'s achievement of 282.60 lakh tonne.

According to port sources, the growth rate has been achieved by handling of higher volume of Thermal Coal, Pet Coke and Containers in terms of Imports. As for Exports, the volume had been higher in commodities like Copper Slag, Phosphoric Acid and Machinery.

The imports accounted for 209.77 lakh tonne for the year while exports were 76.65 lakh tonne.

The Port handled 5,07,735 TEUs during the financial year 2013 to 2014, an increase of 6.76% as compared to previous year\'s container traffic of 4,75,599 TEUs, performing well above the Ministry of Shipping\'s target of 5,00,000 TEUs.

Source – Business Standard


Posted By : admin on Wed, 09 Apr 2014
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