Aegis Logistics commissions Phase 1 of Bulk Liquid Terminal at Haldia

08 Apr 2013

Aegis Logistics has successfully commissioned Phase 1 of the Bulk Liquid Terminal located at Haldia. The capacity expansion at Haldia is a Greenfield Project to set up Bulk Liquid Terminal with 19 tanks totaling to the storage capacity of 60,190 KL. Now with Phase 1 commissioning, 5 tanks will be operational and will have a storage capacity of 15,100 KL. The company is confident to commission the balance capacity by 1Q FY2014.

New Terminal shall store and handle liquid cargo, furnace oil, lube oil, etc. With this new capacity at Haldia, Aegis Group will be handling liquid volumes of over 2.5 million MT and gas volumes of over 750,000 MT.

The expanded facilities at the Eastern Port shall enable the company to expand its horizons by catering to market of North-East and Eastern States as well as opportunity to handle products for neighboring countries, viz. Bangladesh, Nepal, etc.

Aegis is a leader in oil and gas logistics. The services provided by the company include sourcing of product, storage and port operations, arranging road and pipeline movement, shipping, and integrated supply chain management. The company also charges its customers for using various other facilities like jetty operations, unloading and loading.

Related Aegis Logistics Ltd. Links:

Aegis Logistics Share Price

324.25 -10.70 (-3.19%) May 14, 18:01
1 Year Price Chart
Company Name CMP
Allcargo Logistics 126.15
Aegis Logistics 324.25
Container Corp 572.50
Mahindra Logistics 534.85
Transport Corp. 274.25
View more..
Sensex vs Aegis Logistics
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323