Don’t miss the latest developments in business and finance.

Chennai Port can now handle bigger container ships

Image
IANS Chennai
Last Updated : May 31 2016 | 10:57 PM IST

After becoming the deepest amongst major ports in the country, Chennai Port can now handle large sized ships, said a top official.

Speaking to reporters here on Tuesday, Chennai Port Trust Chairman Cyril C. George said the port can now handle container vesels with a capacity of around 8,000 TEUs (twenty-foot equivalent unit), which was a major achievement.

He said that last fiscal, the port handled 50.06 million ton (MT) of cargo down from 52.54 MT cargo handled during 2014-15, but despite the reduction in cargo handling volume, it earned a higher net surplus by handling project cargo that generated better revenue.

--IANS

vj/vd

More From This Section

First Published: May 31 2016 | 10:44 PM IST

Next Story