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Chennai Port stops coal, iron ore cargo handling

Chennai Port stops coal, iron ore cargo handling

The Chennai Port has stopped handling coal and iron ore cargoes as per the directive of the Madras High Court.As a result, the port will lose revenues to the tune of Rs 225 crore which it earned last year by handling 18 mt of coal and iron ore cargoes, according to the Shipping Minister.

This has actually made to give a deep thought on formulating the priorities of the port and overcome the fall out of the judgment, he said, adding the port will, henceforth, focus on handling clean cargoes including containers, cars, food materials such as edible oil and fertilisers.

Chairman of Chennai Port Trust Atulya Misra said that for the current financial year, the port might report 13-million-tonne drop in volume due to the ban on export or import of dusty cargo.

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