Comments
The ongoing strike at Chennai and Tuticorin ports has proved to be a boon to Vallarpadam terminal as enquiries are pouring in from the Exim trade there to re-route their cargo via Kochi port.
Reliable sources in the shipping fraternity in Kochi port told Business Line that the port has received an approximate volume of 1,000-1,500 teus at the moment by diversion from Chennai and Tuticorin, which is expected to scale up further in the coming days.
The commodities, which have been diverted to Kochi included cotton yarn, granites, automobile parts, coffee, eggs etc. Many of the automobile importers are also considering shifting their schedules to Kochi, the sources said. Besides, the Bangalore volumes to Chennai are getting diverted to Kochi due to congestion at the Chennai port.
The Exim trade in Chennai and Tuticorin is also considering movement of cargo by rail to Kochi.
According to sources, Concor has introduced a train service between ICTT and Tuticorin and five train loads of raw cashews have already moved to Tuticorin by rail from here.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.