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August 10, 2010
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- Ports' closure may result in loss of Rs 100 crore a day
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Fallout of collision of cargo ships off Mumbai coast.
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- Varada Bhat
Remya Nair-
- Direct and indirect losses arising out of the closure of Mumbai
and JN port terminals for traffic could go up close to Rs 100 crore
a day if the current situation continues for a week, say shippers.
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According to the Western India Shippers Association, all port
activities had come to a standstill from Saturday.
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Besides ports, shipping lines and shippers, there are several others
such as truckers, clearing agents, shipping agents and freight
forwarders facing business losses
......
Read more on The Hindu Business Line
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