Hal­dia Dock Com­plex to re­trench 348 em­ploy­ees

The Pak Banker - - Front Page -

KOLKATA

Even as the Hal­dia Bulk Ter­mi­nals Pvt Ltd, (HBT) a cargo han­dling com­pany that has de­cided to pull out from the Hal­dia Dock Com­plex (HDC) an­nounced on Satur­day the re­trench­ment of 348 of its em­ploy­ees, the Kolkata Port Trust (KoPT) au­thor­i­ties al­leged that the com­pany was try­ing to “run away” be­cause of a drop in the vol­ume of cargo han­dling. “The com­pany cre­ated a hype just to try and es­cape the penalty by KoPT,” Manish Jain, the act­ing chair­per­son of the port trust said here. But it would have to pay the penalty since it had ter­mi­nated the con­tract, Mr. Jain said.

Re­fer­ring to the state­ment of the of­fi­cials of the com­pany that they are happy with their op­er­a­tions at the Kolkata Port (an­other port un­der KoPT), Mr. Jain said the com­pany can­not have two poli­cies for the same or­gan­i­sa­tion.

The com­pany has ap­plied for fresh ten­ders to work with KoPT, he said point­ing out that it would not have done so if it did not have faith in the man­age­ment.

Mr. Jain said that while the cargo at the Kolkata port in­creased by over 10 per cent in the last two years the cargo at the Hal­dia port de­clined by 17 per cent un­til Septem­ber 2012.

“KoPT is not here to pro­tect the in­ter­est of one busi­ness group but to look af­ter the in­ter­est of the econ­omy of the en­tire re­gion,” he said.

There have been se­ri­ous at­tempts by the com­pany to vi­o­late the con­tract in the past but KoPT over­looked them, Mr. Jain said, adding the port au­thor­i­ties tried to im­ple­ment the con­tract with HBT in let­ter and spirit. Mean­while a state­ment is­sued by Gur­preet Malhi, CEO, HBT said the com­pany was “left with no op­tion but to re­trench its 348 em­ploy­ees.

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.