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IWAI receives cargo commitments for new multimodal terminal

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Dry Bulk,

The Inland Waterways Authority of India (IWAI) has received a commitment to transport 5.92 million t of cargo through a new multimodal terminal at Haldia by 2018, according to an Indian Ministry of Shipping press release.

The multimodal terminal will be constructed under the Jal Marg Vikas project, which aims to develop a waterway capable of taking ships of at least 1500 t between Allahabad to Haldia. The World Bank is providing technical assistance and financial support for the project.

According to the press release, IWAI has received commitments to transport a range of commodities through the terminal, including fly ash, vegetable oil and cement. Fly ash will be predominant cargo, comprising 3.8 million t of the initial 5.92 million t commitment.

0.63 million t of vegetable oil and 0.36 million t of cement shipments have also been submitted, along with smaller amounts of edible oil and gypsum.

The terminal is located in the West Bengal Coastal Regulatory Zone (CRZ) and requires CRZ clearance to proceed. Construction is expected to begin when this approval has been received.

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