OPERATIONS RECOMMENCE AT GOPALPUR

A consortium led by Orissa Stevedores Limited has begun handling cargo at the minor Indian port of Gopalpur.Within four years, it plans to have developed facilities to handle 20m tonnes annually,which it claims will be reached by 2012.

The facility was previously managed by PSA Corporation, which pulled out of its concession agreement in 2003 as insurance underwriters hiked rates because of the perceived increased security threat. However, OPM grew box traffic last year by 26% to 350,000 teu; in 2003, just 117,488 teu passed through Aden.