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V.O.C Port Trust inks MoU with Central Warehousing Corporation for facilitating Direct Port Entry to V.O.C Port

 V.O. Chidambaranar Port Trust, Tuticorin had signed a Memorandum of Understanding (MoU) with Central Warehousing Corporation (CWC) for facilitating Direct Port Entry (DPE) of e-sealed Factory stuffed Export Containers to V.O. Chidambaranar Port, Tuticorin under ‘Ease of Doing Business’.

The MoU was signed on behalf of V.O. Chidambaranar Port Trust by
Mr T.K. Ramachandran, , Chairman and on behalf of Central Warehousing Corporation by Mr Arun Kumar Shrivastava,Managing Director, Central Warehousing Corporation in the presence of Mr. N. Vaiyapuri, Deputy Chairman, V.O. Chidambaranar Port Trust and other senior officials of V.O. Chidambaranar Port and Central Warehousing Corporation at the Administrative Offices of V.O. Chidambaranar Port Trust, Tuticorin.

CWC to use earmarked area to facilitate DPE facility for 30 yrs on Annual Lease Rental basis 

On signing of the MoU, Central Warehousing Corporation would make use of the 18,357 square meter area earmarked in the Truck Parking Terminal located opposite to Fisheries College, Tuticorin for operating and managing the Direct Port Entry facility for 30 years on Annual Lease Rental basis.      

With DPE facility, shippers to gate-in their goods directly to Container Terminal round the clock 

The Direct Port Entry (DPE) facility would enable direct movement of export containers from factories without intermediate handling requirement at any Container Freight Station thus facilitating the shippers to gate-in their factory-stuffed goods directly to the Container Terminal on 24 x 7 basis.

  At present, the factory stuffed (self-sealed) containers are taken to 15 Container Freight Stations (CFSs) and one ICD operated in Tuticorin. All the CFSs operate during the day time from 10 AM to 5 PM with extended time up to 8 PM on working days. Only one CFS operated by CONCOR has 24x7 service. Hence, with this Direct Port Entry facility made available by the Port at the Truck Parking Terminal, the export clearance of factory stuffed e-sealed containers will be faster and the time and cost incurred will get reduced.

DPE facility reduces logistics cost and the dwell time of export container

Speaking on the occasion, Mr. T.K. Ramachandran, Chairman, V.O. Chidambaranar Port Trust stated that “the Direct Port Entry facility would benefit the Exporters by speeding up the flow of cargo across various logistics service providers, decrease the logistics cost and reduce the dwell time of Export container”.

The Central Warehousing Corporation, having domain knowledge and expertise in the field of Operations and management of cargo terminals is expected to provide efficient service to the exporters at reasonable cost.

Mr Arun Kumar Shrivatsava Managing director of central ware Housing Corporation said the facility will provide service to exporters and help to increase the traffic of the port considerably

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