Saturday, September 25,
Composite traffic at 12 major ports rose by mere 0.62% during April-August 2010 as Ennore Port and New Mangalore Port failed miserably in attracting business.
Iron ore, which forms a significant part of export traffic, played a key role in the declining traffic at some ports after Karnataka government imposed a ban on export of the mineral from state ports. Iron ore traffic was hit the most with a decline of 51%.
“The traffic started falling at New Mangalore Port much before the export ban as Karnataka had restricted the transport of the ore inside the state a long time back. This led to the overall fall in traffic at the port as Iron ore contributes most to the total traffic after petroleum, oil and lubricant sector, “said, IPA managing director A Janardhana Rao.
“Ennore’s performance was marred by lack of adequate capacity to handle goods. The major capacity constraint is on coal handling,” Rao said. According to government data Ennore has a total capacity of 16 million tonnes per annum, of which 13 MT is for coal.
Source: The Financial Express
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