Port Wings News Network:
Work on the Elevated Four Lane Corridor to Maduravoyal is likely to resume with the revised alignment approved in May 2017 by Tamil Nadu government, Mr P. Raveendran, IRTS, Chairman, Chennai Port Trust, has said.
Addressing the gathering during Republic Day celebrations, Mr Raveendran said, “The DPR which is under finalisation through NHAI will be completed in April 2018 and the Revenue Model will also be finalized.”
“The Road Network inside the Port is being augmented through widening of existing roads to improve the internal flow of traffic and ease congestion. With focus on evacuation of containers, a dedicated corridor is proposed inside the Port under the Sagarmala Programme,” he added.
Chennai Port Trust celebrated the 69th Republic Day on 26 January at the CISF Barracks Parade Ground inside port.
Mr Raveendran hoisted the National Flag, inspected the Guard of Honour, addressed the gathering and presented the Awards and Certificates for the best turned personnel of Central Industrial Security Force, Port Fire Service, Outstanding Port Users and Employees of Chennai Port Trust.
Cultural programmes of school students were also organized during the celebrations. In that occasion Trustees, Deputy Chairman, HoD’s and Employees of Chennai Port Trust, were also participated.
Mr Raveendran stated: “Chennai Port is now in its 137th year of commercial operations and valuable service to the Nation. In spite of lack of growth in global trade, the cargo volume trend during the current year up to December 2017 is 39.44 MT, an overall growth of about 4%. A volume of 52 MMT is projected as against the Ministry’s Target of 48.84 MMT.”
“During the current year up to December 2017, Chennai Port handled 1,169,145 TEUs as against 1,122,999 TEUs during the corresponding period of last year, which is an increase of 4.1%. Several new records have been set in handling cargoes during the year. The finance of the Port are also set to improve and a net surplus of Rs. 15.52 crores is projected for the year. The operating surplus is expected to be Rs.204.87 crores for the year 2017-18,” he added.
CAN HANDLE 8000 TEU VESSELS
Mr Raveendran stated: “After Capital dredging at Dr. Ambedkar Dock &Jawahar Dock Basins, alongside depth at the CTB 4 (container berth in CCTPL) is now 15.50m and has enabled 8000 TEU vessels to call at the Port and improve container volumes. A New multi-lane Gate Complex at Gate No.1 is facilitating entry and exit of container and other cargo vehicles. Two modern Godowns have been commissioned for catering to the requirements of the EXIM Trade for clean cargoes.”
CONSTRUCTION OF THE COASTAL BERTH
Mr Raveendran stated: “Construction of the Coastal berth at the Northern Sheltering Arm will be completed in June 2018 and will add cargo volumes with benefits to the Users as part of the New Coastal Shipping Policy of the Government. The JD strengthening works are also in progress as also construction of high quality concrete pavement yards at ONB and JD (E) areas. The existing Cruise terminal has been upgraded to International Standards through a grant from the Ministry of Tourism as a part of the Cruise Shipping Policy.”
RAIL CONNECTIVITY IMPROVEMENT
Mr Raveendran stated: “Rail connectivity will improve on completion of works on the 3rd and 4th Railway Lines for which land has been transferred to Southern Railway and shifting of the Port’s compound wall completed; work on development of a common railway yard is nearing completion. This will improve Port Railway Systems and add efficiency to rail evacuation of cargo for enhancing cargo volumes and revenue to the Port. Discussions are also underway with CONCOR for developing a shuttle container service for increasing the rail share of containers.”