Friday, May 27,
The overall traffic at New Mangalore Port has grown over the years and Iron ore plays a major role in it.*
From 2004-05 till 2008-09, iron ore fines contributed more than 16% to the total traffic of the port.
In 2009-10, the share came down to nearly 15 per cent of the total traffic as the port faced a major blow in 2010-11 when the Karnataka Government banned the mining and export of iron ore fines in the State. However, the Supreme Court recently revoked that ban, bringing a sigh of relief to ore exporters.
According to Mr P. Tamilvanan, Chairman, New Mangalore Port Trust, “Following the court verdict, around 1.5 lakh tonnes of iron ore fines, which were lying at the port, were exported in March. We allowed the State authorities, including the Forest Department and the Department of Mines and Geology, to come and check the stock whenever they needed. See, we are always for the best system”
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