Press release from Business Wire India
Source: SICAL
Monday, August 24, 2009 10:54 AM IST (05:24 AM GMT)
Editors: Business: Advertising, PR & marketing, Automotives, Business services, Transport engineering; Automotive
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Sical Reserves Chennai Port JD5 Bulk Cargo Berth Until 2018
Chennai, Tamil Nadu, India, Monday, August 24, 2009 -- (Business Wire India) --
-- Draft deepened to 12 meters from 10.4 meters.
-- New 12 meter draft will enable servicing of 50,000-52,000 MT vessels.
-- Sical's Chennai Port bulk logistics throughput capability to rise by 2-3 million MT per year.
-- Between Aug 18-21, MV Mokara Collosus first 12 m draft vessel to be berthed at JD5.
BSE: 520086
NSE: SICAL
Reuters: SICA.BO
Bloomberg: SIC@IN
Sical Logistics Ltd, India's leading provider of multi-modal integrated solutions for the logistics of bulk and containerized cargo, has signed a Berth Reservation Scheme (BRS) agreement with the Chennai Port Trust for 20 years, effective from 26 February 1998.
Sical Logistics has been handling vessels at JD V berth under BRS but was restricted until now to berth vessels with less than or equal to 10.4 meters draft. After the completion of dredging by Chennai Port, the draft has been deepened to 12 meters, providing Sical Logistics with the capability to berth vessels of 50000-52000 MT cargo capacity against the current capability of handling 25,000-30000 MT vessels. The servicing of larger vessels coupled with reduced pre-berthing delays, improved port-to-port turnaround times, and higher berth occupancy is expected to raise the throughput of Sical's bulk logistics operations at Chennai Port by 2-3 million MT per year. In FY09, Sical handled 3.4 million MT of bulk cargo at Chennai Port.
Between 18-21 August 2009, the JD5 berth received its first 12 meter draft vessel, MV Mokara Collosus. The vessel, for which Sical Logistics is the shipping agency, discharged 50940 MT of coking coal under contract with JSW Steel Ltd
Sical Logistics is studying the feasibility of enhancing the handling equipment at the JD5 berth to receive gearless vessels to maximize loading /discharging economies for large importers and exporters.
About Sical
Handler of nearly 22 million MT of bulk cargo and 570,000 TEUs of containerized cargo annually, Sical Logistics Ltd is India's leading provider of integrated solutions for offshore logistics and multimodal bulk and containerized logistics.
Sical provides end-to-end solutions in:
Bulk logistics-stevedoring; port terminals; customs house and shipping agency; trucking; railroad; warehousing.
Container logistics-container terminals; ICD; CFS.
Offshore logistics-platform supply vessel; cutter suction dredger.
Sical Logistics' delivery network includes an exclusive walk-in berth (JD5) at Chennai for ships carrying bulk cargo; container terminals at Tuticorin and Chennai; 225,000 square feet of storage across 17 warehouses; owned and regularly contracted fleet of more than 1000 transport vehicles; container freight stations at 3 locations across India; Sical Torino, a deepwater-capable platform supply vessel, and Sical Portofino, a cutter suction dredger.
To view the photograph, click the link below:
The Sical port logistics team (Managing Director LR Sridhar 4th from left) at Chennai Port JD5, with the Mokara Colossus in the background
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/PIC(30).JPG
The Sical port logistics team (Managing Director LR Sridhar 4th from left) at Chennai Port JD5, with the Mokara Colossus in the background."
CONTACT DETAILS
Dev Chandrasekhar, Ubiquus, +91 9821070043, d.chandrasekhar@ubiquus.com
KEYWORDS
MARKETING, AUTOMOTIVE, BUSINESS SERVICES, TRANSPORT, AUTOMOTIVE, SICAL.BO, SICAL.NS
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