Indian Logistics Directory
Mormugao port sees steep fall in iron ore traffic

India

  Business Name :   Business Type :   City :   
 
Browse by Category
 Air Freight Forwarders
 Aircraft Engines & Components
 Auto Transport
 Automotive Body Coach Building
 Bearings & Bearing Assemblies
 Brakes and Braking Systems
 Communication Equipment
 Conveyors
 Drop Shipping Companies
 Electrical Components
 Fuel Storage
 Fulfillment
 Hand Tools And Equipments
 Hoses & Hose Assembly
 Hydraulic & Pneumatic Equipment
 Industrial & Shipping Containers, Barrels And Drums
 Insulators,Insulation Material & Accessories
 Inventory Management
 LTL Trucking
 Mechanical Power Transmission Tools And Accessories
 Miscellaneous Automobile Parts, Components & Equipment
 Miscellaneous Electrical & Electronic Items
 Moving Companies
 Obstruction Lights
 Ocean Frieght
 Ship & Marine Tools, Equipment & Accessories
 Train Transportation
 Trasnsportation Broker
 Vehicle Tracking
 Warehousing Agents & Consultants
 WMS Software
 
Logistics Directory » Logistics Topics » Indian Ports » Mormugao port sees steep fall in iron ore traffic

Related Topics
European cos pick stake in Tricon Shipping
Kolkata port handles record container traffic in August
Kolkata port new cargo location
More study needed on TBT paints ban in shipping
Mormugao port sees steep fall in iron ore traffic
New Mangalore port plans more berths
Report on marinetime hijackings
 
If you have a business establishment in india, contact us to list your business related to any logistics categories. Please Contact No - 9246535456
 

Mormugao port sees steep fall in iron ore traffic

Mormugao port sees steep fall in iron ore traffic

Kolkata, Sept. 11 Mormugao port, the country’s largest iron ore export handling port, has been experiencing a sharp drop in iron ore throughput for the past two months, according to port sources.Mormugao Port

In August this year, the throughput was 2.49 lakh tonnes as compared to 5.29 lakh tonnes in the same month last year. In September so far, the throughput has been 33,000 tonnes compared to 2 lakh tonnes in the corresponding period of the last year.

Mormugao portauthorities are worried because iron ore accounts for the bulk of the port’s total traffic. In 2007-08, the share of iron ore was 27 million tonnes (mt) in the port’s total traffic throughput of 35 mt. Unless the present trend is reversed in the coming months, the port, it is feared, might find it difficult to touch the targeted level of 30 mt of iron ore traffic this fiscal.

Cumulatively, however, the throughput has been higher so far vis-À-vis the same period last year. Between April and the first week of September of this year, the total iron ore traffic handled by the port was 9.2 mt, compared to 8.2 mt in the same period last year. Clueless

The port sources, though worried, are not sure of the real reason for the drop in iron ore traffic. “We’re the service provider and so we do not know the actual reason for the decline in ore traffic, but we hear that the international demand for iron ore is down and with it the world price of the iron ore, hence the drop in exports,” the sources add.

Date : 12/09/2008

Courtesy : Businessline

 
If you have a business establishment in india, contact us to list your business related to any logistics categories. Contact No - 9246535456
 
 
Tag Words for this page
aviation freight forward ports conveyors railway ocean freight LTL Trucking Fulfillment Fuel Storage Trasnsportation Broker Drop Shipping Companies GPS Systems Vehicle Tracking