Kolkata Port Trust (KoPT) has restarted ship breaking operations at its Kolkata Dock System (KDS).
The segment, which used to fetch an average of nearly Rs 67 crore a year to the port authorities, was stalled for almost three years since 2010.
According to A. K. Bagchi, Director, Marine Department of KoPT, the ship breaking facility at KDS has been initiated again since end of April.
This time, however, KoPT is expecting to earn revenues worth nearly Rs 5 crore in the first year.
“More than revenues, this is to restart a facility to the entire trade. The operations were stopped in 2010-11 due technical reasons,” Bagchi told Business Line.
Port officials said five to six berths at KDS have been allocated for ship breaking operations and preliminary works took off with three mid-size vessels.
In a recent seminar, KoPT Chairman R. P. S. Kahlon said port authorities were awaiting statutory clearances from West Bengal Pollution Control Board to begin full-fledged operations.
Source: The Hindu. 9 May 2013http://www.thehindubusinessline.com/industry-and-economy/logistics/kolkata-port-resumes-ship-breaking-operations/article4699413.ece