Record handling of crude oil by Chennai Port Trust

Image
Press Trust of India Chennai
Last Updated : Feb 19 2019 | 8:52 PM IST

Chennai Port Trust (ChPT) Tuesday said it has for the first time handled 88,000 tonnes of crude oil as against the previous record of 84,000 tonnes.

ChPT chairman P Raveendran said in a press release that this indicated the port's capability in handling large quantity of crude.

The port set another landmark achievement by handling 88,000 tonnes of crude oil on February 18 from a vessel Nordic Moon, a press release said.

Last year, the port had become the first in the country to handle a very large crude carrier by allowing it inside the port basin, the release said.

Earlier, such large ships had to be anchored at a distance outside the port basin or make use of 'Single Buoy Mooring' considering the mammoth size and manoeuvring issues.

A 333-metre-long M V Diamond became the first large vessel to be handled by the port last year that supplied oil by entering backwaters of the port with a depth of 20 metres.

''It was a historic occasion for the 137-year-old Chennai Port Trust to handle such large oil carriers," Minister of State for Finance and Shipping Pon Radhakrishnan had said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 19 2019 | 8:52 PM IST

Next Story