POSCO-ISDC (India Steel Distribution Centre), the logistics arm of POSCO Group companies, has succeeded with its first trial shipment of 5000MTs of POSCO Maharashtra Steels Pvt. Ltd. at Dighi Port (promoted by M/s Balaji Infra Projects Limited) in Raigad District of Maharashtra.The inaugural call was made by a 35,000 DWT vessel MV CH Bella on Oct. 1. The vessel agents were M/s Samsara Shipping Pvt. Ltd and the stevedores were M/s Hind Port and Handling Services Pvt. Ltd. Custom clearance was carried out by M/s DNR Impex (Aqua Transport Agency).
The vessel sailed from Po-Hang Port on Sept. 11 and after calling at Mumbai Port, arrived at Dighi Port on Oct. 1 to discharge the steel coils. These coils have been produced in the POSCO plant at Po-Hang and Kwang-Yang for POSCO-Maharashtra.
POSCO-ISDC having its head office in Pune and branch offices at Dighi Port, Mumbai, Kandla and Delhi is mainly involved in managing logistics and shipping solutions for supply of steel material to POSCO Group of Companies namely POSCO Maharashtra Steel Pvt. Ltd., POSCO-IPPC, POSCO-IDPC and other POSCO related companies on both inward and outward fronts for export and import as well as domestic movements.
According to Mr. Young IL Kim, Managing Director, POSCO-ISDC, the company has ambitious plans to import two million tons of steel coils during the next couple of years on the West Coast of India through Dighi Port.
Dighi Port is ideally situated to handle shipments for POSCO as it is an all-weather, deep draft port offering direct berthing and is at a distance of 80 km from the POSCO Maharashtra plant.
POSCO-ISDC is at an advantage due to the proximity of Dighi Port to the POSCO plant as the overall logistics cost reduces by 2-3 % per ton which will make coils more competitive in the market for local consumption.
The inaugural call at Dighi Port was attended by the top management of POSCO Group from India and Korea along with the management of Dighi Port Limited, officials from M/s Samsara Shipping, M/s Ideal Movers Private Ltd and other dignitaries from the trade.
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