Port goes green after Madras HC diktat - The New Indian Express

After the clampdown by the Madras High Court on handling of dusty cargo, the Chennai Port is trying to boost its image as a green port and is focusing only on clean cargos including cars and foodgrains. Addressing an annual press meet here on Friday, Chennai port chairman Atulya Mishra said that 80 per cent of the port's cargo was clean and added that the port had registered an operating surplus profit of `42 crore and `15 crore net surplus profit after tax. "We were anticipating a `50-crore loss following the loss of coal and iron cargo and the global recession. The growth of many of the ports, including Mumbai's Jawahar Lal Nehru Port Trust, was hit," said Mishra. Despite the clampdown on coal and iron ore, Chennai port handled cargo worth 53.40 million tonnes this year, a drop of two million tonne from last year's 55.71 million tonnes. And this year, it has fixed a target of 60 million tonnes. The port registered a surplus of `15 crore, which Mishra attributed to the port's marketing initiatives to identify alternative cargo to compensate the loss of volumes due to shifting of iron ore and coal have yielded positive results. The port's profit is attributed to its austerity besides successful implementation of the special voluntary retirement scheme, which has reduced the strength of employees by around 800 and placed the port in a better position. He said the volume of foodgrains handled at the port grew to 3.5 lakh tonnes and due to the encouraging productivity at port, the State trading corporation will export one lakh tonnes per month through Chennai Port this financial year. via Business - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFsSUc0Ln5S88unp86lOb0DU_aKRA&url=http://newindianexpress.com/cities/chennai/article1532544.ece

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