It is learnt that Ennore port, located 25 km north off Chennai, is emerging as an alternative for automobile exports because of capacity constraint in the Chennai port. Marc Nassif, Managing Director, Renault India, said the Ennore port provides adequate capacity and authorities are willing and helpful. The port is said to have shipped 1.04 lakh cars last year and expects this number to rise to 1.6
Tag: export
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Ambiguity in duty hits galvanised steel export
Reports suggest that export of huge amount of galvanised steel is affected because of confusion over export duty on the product and consequently exporters are seeking clarity on the issue. The recent move by Kolkata port to impose 20 percent export duty on galvanised steel created confusion among primary steel manufacturers. Following this, EEPC India, (formerly known as Engin
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NMPT woos exporters from Shimoga
Officials of New Mangalore Port have held consultations with exporters from the Shimoga region and asked them to utilise the facilities available at port. The port is said to be targeting the region to boost its container traffic. Recently, Shimoga Chamber of Commerce and Industry said that there was good potential for NMPT to explore from Shimoga region
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Krishnapatnam Port setting up new berth
Krishnapatnam Port is constructing a roll-on roll-off berth in the south terminal in order to handle export of cars manufactured in Chennai and Bangalore regions. Anil Yendluri, Chief Executive Officer, Krishnapatnam Port informed that the port is expected to have the berth ready by the first quarter of 2013-14
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Krishnapatnam port handled 13.8 mn t cargo since April
Reports suggest that Krishnapatnam Port, located in Andhra Pradesh has handled 13.8 million tonne (mn t) cargo since April 2012. In 2011-12, the port loaded 15.9 mn t of cargo. The port has the capacity to handle 40-45 mn t of cargo from 11 berths built with an investment of about Rs 4,000 crore. It is one of India’s deepest ports with a draft of 18.5 meter and is capable of accommodating the biggest ships operating today
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AOSF urges govt, miners to supply stocked ore
All Odisha Steel Federation (AOSF) urged the state government and miners to liquidate idle iron ore stock and thereby resolve what it claims the "artificial crisis of iron ore". AOSF claims that there is 100 million tonne (mn t) of iron ore stacked up at different mine leases in the state and even the Shah Commission of enquiry has drawn the attention of the government and mine owners on this