Port News – Page 71

Essar Ports Eyes Cargo Throughput of 60 Mn Tons in FY20

Essar Ports expects to meet its target of handling 60 million tons of cargo in FY 2020.

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Next quarter is expected to be slightly affected by the seasonal slowdown in the chemical tanker market.

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New Zealand’s Napier Port completes NZD 234 million IPO that would enable it to fund its long-term investment program.

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The terminal is also set to launch a dry container inspection and repair hub in October 2019.

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The Central Port is envisioned as a complex of 6 to 8 terminals and deep-water quays.

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