India lines up Kakinada deepwater port for rice exports ...United Arab Emirates

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Mumbai: India’s southern state of Andhra Pradesh will use a deepwater port to export rice for the first time in decades amid a global shortage of the grain, according to a government order which could raise shipments this year by a fifth. The order, issued late on Wednesday, allows Kakinada Deep Water Port to handle rice until more capacity is created at the adjoining Anchorage Port. Congestion at the Kakinada Anchorage Port, India’s biggest rice-handling facility, had led to a waiting period of up to four weeks compared with the normal wait of about a week, raising costs for shippers and limiting exports, said B.V. Krishna Rao, president of the Rice Exporters Association of India. The gove

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