Online edition of India's National Newspaper
Wednesday, Aug 22, 2007
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Online edition of India's National Newspaper Wednesday, Aug 22, 2007 ePaper |
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Tamil Nadu
Special Correspondent
BOOST TO TRADE: The first vessel of the Chennai-Asia direct service, m.v. Tiger Pearl, calls at the Chennai Container Terminal on Tuesday.
CHENNAI: The Chennai Container Terminal on Tuesday began its direct container services to Malaysia, Singapore, Korea and China, a long-pending demand of trade and services. This is the third direct mainline service to be commissioned by the Container Terminal in the last six months. With the latest, Chennai is connected to 58 global ports as against just eight ports three years ago. Next month, the Container Terminal will commence its direct service to North China. The Asia-Chennai service, operated by Tokyo Senpaku Kaisha Line, Hyundai Merchant Marine and Bengal Tiger Line, will have four vessels of 1200 Twenty-foot Equivalent Units (TEUs) capacity each every week. The first vessel on this service, m.v. Tiger Pearl, called at the terminal on Tuesday. It will take 28 days to complete the round trip. Talking to reporters, Chennai Port Trust chairman K. Suresh said: “The new service has proved beyond doubt the container handling capacity of the Chennai port. We are handling close to 100,000 TEUs per month, and very soon we will touch the one-million mark. The second port will be fully functional by March 2009 and it could handle another one million TEUs. Plans are on to start constructing a mega-terminal for container handling by investing Rs. 3,050 crore.” Ennarasu Karunesan, CEO of DP World, Chennai, said that with the launch of the third service, the Chennai port had been transformed into a mainline transhipment port. The new service would add value to the trade and service, besides helping to save cost and time. In the first quarter of the current year, the Chennai port registered a 30 per cent growth. The State Government had given in-principle clearance for setting up a dedicated 18-km elevated expressway from Maduravoyil to the new terminal. “It would be done on a BOT basis. Otherwise, we will do it ourselves,” Mr. Suresh said.
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