Adani's port projects catch a tailwind

Capacity constraints at Chennai Port and the promise of quick turnaround are drawing the attention of large shipping lines to its newly opened container terminal at Ennore

The new container terminal at the Kamarajar Port that became operational in October has come as a relief both for traders and shipping lines alike. Within a span of 30kms, they now have three ports —Chennai, Ennore and Kattupali —and four container terminals to choose from, which compete with one another for traffic.

This is a sea change from the time when shipping lines had to jostle for berthing slots at Chennai Port and spend two to three days anchored in the sea if they missed their allotted slot. The congestion not only increased their turnaround time but also inflated