CHENNAI: A Chennai based logistics firm which is pooling multi brand cars manufactured in and around Chennai for coastal transportation to ports in Kerala and Gujarat is expected to resume operations from Kamarajar Port Ennore in the next two months. The firm plans to bring in a bigger car carrier for the operations this time a spokesman of the port said.
The coastal movement of cars manufactured in Chennai like Hyundai, Ford, Toyata, Nissan, Renault, Daimler, Ashok Leyland to Cochin and ports of Gujarat like Pipava commeced from Kamarajar Port with great fanfare last year. About twenty thousand cars were taken through this route, but the movement was suspended for undisclosed reasons.
The spokesman of the port said the coastal movement will resume in October this time through a large car carrier.
The port expects to handle fifty thousand cars through coastal movement during the current year.
The Kamarajar Port will be investing a sum of one thousand crores on building two new berths and converting the existing iron ore berth into a coal berth. The berths will be commissioned by March 2018.
With the addition of three more coal berths, the cumulative coal handling capacity of the port will touch 64 million tonnes per annum (mtpa). The new berths will add 36 million tonnes (mt) of coal per annum. The port is increasing the coal handling capacity when the State is backing down its thermal plants in view of the availability of cheap solar and wind power.
Besides, the port handles 3 mt liquid cargo, 3 mt of general cargo and 2 mt multi-cargo and containers.
The port plans to increase total cargo volume of the port from the existing 43.6 mt to 84.6 mt by March 2018. The commissioning of the IOC-LNG terminal in the next two years will get us another 5 mtpa. .”
The drastic cut in the prices of cars in the post Goods and Services Tax (GST) era, would push Car exports up as several countries might find the Indian cars attractive. .
During 2016-17, the Port exported 2.25 lakh of cars. This year, the Port has drawn up plans to export three lakh cars. The major contributors are Toyota, Ford, Honda, Nissan, Hyundai, Renault, Daimler, Ashok Leyland and Scania.