Indonesia port open after quake, Chennai closes
SINGAPORE (Reuters) - Indonesia's port in Banda Aceh remained open after an 8.7 magnitude earthquake struck on Wednesday, while Chennai port shut due to a tsunami watch issued for the whole Indian Ocean, two port authority officials said.
The quake struck 308 miles (500 km) southwest of the city of Banda Aceh, on the northern tip of Indonesia's Sumatra island, at a depth of 20.5 miles, the U.S. Geological survey said.
(Reporting by Randy Fabi and Luke Pachymuthu; Editing by Himani Sarkar)
- Tweet this
- Share this
- Digg this
India is targeting up to $1 billion of private investment by 2017 to build rail lines linking ports and national networks to ease growing congestion, which has delayed coal imports for power plants and contributed to a power supply crisis. Full Article
Hyundai Motor, Kia Motors lift 2014 global sales target on China, emerging markets Full Article