Do More With Reuters
Partner Services

Cyclone hits cargo operation at east Indian ports

Mon May 25, 2009 9:35pm IST
 
Email | Print | | Single Page
[-] Text [+]

NEW DELHI, May 25 (Reuters) - The cyclonic storm that lashed eastern India on Monday has hit cargo operations at Kolkata and Haldia ports, while unloading of two crude oil vessels was stopped at another port, government officials said on Monday.

The ports handle imports of sugar, crude oil, vegetable oils, coal, cooking gas and other commodities, while exports from these ports include iron ore, tea, steel and jute. It was not clear which commodities were affected by the storm.

"As many as 27 ships are at these two docks and cargo handling has been affected," an official at the Kolkata port, who did not want to be named, told Reuters.

He said 11 ships were berthed at Kolkata and the rest at Haldia, while another 12 ships bound for these ports were stranded at the sea.

"The cyclone did not turn out to be as severe as predicted. We hope that normalcy would return by tomorrow," said Rajeev Dube, deputy chairman of the Kolkata Port Trust.

The cyclone has killed at least 33 people in eastern India and Bangladesh on Monday. See [ID:nSP485461].

"Normal loading and unloading of the cargoes have been hit and normalcy would take at least 36 hours," said an edible oil importer based in the eastern city of Kolkata.

"Everything would depend on the weather office forecast for next 24 hours," said a spokesman of the port authority.

Storms also hit unloading of crude oil at Paradip, where state-run Indian Oil Corp has a mooring facility. See [ID:nDEL492400].  Continued...

India Investment Summit 2009
India Investment Summit 2009

Top executives and bankers discuss their own plans and the broader opportunities and challenges for India.  Full Coverage 

GLOBAL RECOVERY

A labourer works on a flyover bridge at a construction site in New Delhi October 14, 2009. REUTERS/Parth Sanyal/Files
Global economy in holding pattern - IMF

The global economy is in a holding pattern and vulnerable to more upheaval, the head of the IMF said, adding a lasting recovery will depend on policymakers taking the proper steps in the coming months.  Full Article 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

BLOGS

Photo
Calculated Move

Reliance aims big with $12 bln bid for LyondellBasell.  Blog 

showcase

U.S. Recession
U.S. Recession

A trip through the epicenters of the American recession.  Full Coverage 

 
Central Banks Cautious
Central Banks Cautious

Reuters tracks the policies of the world's top central banks as the debate over global economic recovery rages on.   Full Coverage 

 
T P Raman
Column - RBI leads the world

Reserve Bank of India's approach ring-fenced the banking system.   Full Article 

 
Funding Blues
Funding Blues

A popular tactic used by Indian brokerages to raise money for rich clients is likely to be banned.  Full Article 

 
Not Enough Jobs
Not Enough Jobs

Venture capital creates jobs, but not enough.  Full Article 

 
Column - A Sweet Dream
Column - A Sweet Dream

There are good reasons for Ferrero to consider a combination with Cadbury.  Full Article