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Karaikal Port tries to overcome debt problem

Karaikal Port tries to overcome debt problem

According to media reports, Karaikal Port (KPPL) is finding ways to overcome its huge debt. Among the plans are refinancing or restructuring of debt or terminalisation of its port infrastructure. It is learnt that the port's projection of a sharp growth of traffic from items like fertilisers, crude or petroleum, and containers has not materialised. This is poss

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The Port Paradocks

The Port Paradocks

Cargo growth at Indian ports was subdued in 2011-12 with total throughput registering a 5 per cent year-on-year increase to 930 million tonnes,