The plan, if it becomes regular, has the potential to attract additional cargo to the port and bring down logistics cost for users. The port has been wooing the steel duo with sops to shore up its falling cargo. "Haldia is predominantly a coal port. Freight rate revision There is a buzz of further cuts following new freight rates announced by the railways, which has made short hauls more expensive than the long ones for coal cargo. When fully operational, the initiative can bring 2.5-3 million tonnes cargo to Haldia and bring down logistics cost of users.

Source: The Telegraph September 18, 2016 19:01 UTC