Gujarat Ambuja Exports decided to use the New Mangalore Port in Karnataka for shipment of its products to Sudan in Africa. The company decided to use the port for moving its export consignments after the recent visit of Manish Kumar Gupta, Managing Director and Prashanth Pillai, DGM of the company
Tag: export
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Cargo handling doubles at Dhamra Port
Agency reports indicate that the cargo handling at the Dhamra Port in Odisha doubled during 2012-13 to 10 million tonne (mn t) from over 5 mn t in the previous year. Between April 1, 2012 and March 5, 2013, the port handled 10 mn t cargo. During this period, the port handled over 8 mn t of import cargo -- the highest by any Indian port in only the second year of its operations, repo
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Court directs OMCs not to open new outlets
Karnataka high court directed all state-run oil marketing companies (OMCs) not to open new retail outlets till it completes the heading of a petition filed by an dealers association. The Karnataka State Petroleum Dealers Welfare Association filed a petition with the court after OMCs kept
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NMPT handles 12.83 mn t crude oil for MRPL
The New Mangalore Port Trust (NMPT) handled 12.83 million tonne (mn t) of imported crude oil for Mangalore Refinery and Petrochemicals (MRPL) during Apr-Feb 2012-13 compared to 11.97 mn t in the year-ago period. NMPT handled 1.49 mn t of iron ore fines during the first
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Essar group mulls port project in Mozambique
Essar Africa Holdings, the African subsidiary of Essar group, plans to invest $275 million on developing a 10-million tonne (mn t) port in Mozambique. The project is currently on the drawing board, reports indicate. At a time when the group is looking at growth opportunities and overseas projects, the proposed port may facilitate exports from Zimbabwe Iron and Steel Company (ZISCO), a Zimbabwe-based company it acqu
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Oil minister does not favour change in formula
Union Petroleum Minister M Veerappa Moily warned against the move by the Finance Ministry to change the subsidy calculation formula for state-run oil marketing companies (OMCs). The finance ministry has proposed to shift from trade parity pricing of petroleum products to export parity pricing (for the sake of computing under-recoveries
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Goa exported Rs 610 bn ore in 3 years
Union Mines Minister Dinsha Patel informed Parliament that over the last 3 years, iron ore worth over Rs 61,000 crore was exported from Goa. Giving year-wise break-up of iron ore export from the state, the minister said in 2009 to 2010 Rs 22,809 crore worth ore was exported from Goa, in 2010 to 2012 it wa
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Ennore Port expects 14% rise in cargo volume
According to an official press release, cargo volume at Ennore Port may rise 14 per cent to an all-time record of 17 million tonne (mn t) in 2012-13 from 14.96 mn t in the previous financial year. The cargo volume handled by the port surpassed the target of 16 mn t fixed by the centre for the financial year 2012-13 on February 28. The target for the entire financial year was achieved one month prior to the close of the financial year
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Cargo handling at New Mangalore Port rises
Cargo handling at the New Mangalore Port Trust rose 12.93 per cent to 33.61 million tonne during April-February of 2012-13 as against 29.76 mn t in the year-ago period. It may be noted that the port surpassed the total traffic handling of 2011-12 in the first 11 months of 2012-13. The total cargo handling was 32.94 mt during the entire 2011
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MPT woos traders from north Karnataka
Mormugao Port Trust (MPT), which is in taking efforts to diversify its cargo handling away from coal, asked traders from north Karnataka to make use of the port. In order to woo traders, the port in association with Karnataka Chamber of Commerce and Industry (KCCI), Hubli