CHENNAI: Chennai Port, located strategically between Singapore and Fujairah, the arena’s first and 2nd biggest bunker fuel providers, has plans to make the south Indian town a bunker capital on the East coast. Efforts are underway to build a dedicated bunker berth throughout the port to deal with bunker tankers, a transfer which is anticipated to swell the port’s revenues.
Fuel used to run a ship is referred as bunker fuel and international over, provide of bunker fuel is among the primary revenue resources for ports. While ships require heavy oil to run their engines, diesel oil is used to run turbines and smaller equipment.
A senior reputable at the Chennai Port Trust informed TOI that a final agreement is to be signed in the coming week to build a 181m lengthy berth at a value of ?44 crore at Bharati dock to deal with bunker ships.
“The port has been supplying bunker fuels to ships in the anchorage space outside the port for the previous two years, a tradition which wasn’t of the port’s 136-year-old historical past,” a port reputable said.
The port will be capable to meet a target bunker sales of as much as 1MTPA (metric ton in step with annum), an reputable said. “Singapore and Fujairah have bunker sales of 45MTPA and 25MTPA respectively. Low costs of crude oil and higher infrastructure are an advantage for them,” the reputable added.
A delivery ministry record underneath the Centre’s SAGARMALA- a port modernisation and coastal economic system construction undertaking, has noted how ironical it is of India not to have established itself as a bunker vacation spot despite its location. The record further noted, “India is a big provider of bunker cargo to Singapore. It has to realise its doable as a big bunker provider.”
Fuel used to run a ship is referred as bunker fuel and international over, provide of bunker fuel is among the primary revenue resources for ports. While ships require heavy oil to run their engines, diesel oil is used to run turbines and smaller equipment.
A senior reputable at the Chennai Port Trust informed TOI that a final agreement is to be signed in the coming week to build a 181m lengthy berth at a value of ?44 crore at Bharati dock to deal with bunker ships.
“The port has been supplying bunker fuels to ships in the anchorage space outside the port for the previous two years, a tradition which wasn’t of the port’s 136-year-old historical past,” a port reputable said.
The port will be capable to meet a target bunker sales of as much as 1MTPA (metric ton in step with annum), an reputable said. “Singapore and Fujairah have bunker sales of 45MTPA and 25MTPA respectively. Low costs of crude oil and higher infrastructure are an advantage for them,” the reputable added.
A delivery ministry record underneath the Centre’s SAGARMALA- a port modernisation and coastal economic system construction undertaking, has noted how ironical it is of India not to have established itself as a bunker vacation spot despite its location. The record further noted, “India is a big provider of bunker cargo to Singapore. It has to realise its doable as a big bunker provider.”
Chennai port vies to become major fuel hub for ships
![Chennai port vies to become major fuel hub for ships]()
Reviewed by Kailash
on
May 29, 2018
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