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Home arrow News arrow Automotive arrow Sical, Mitsui O.S.K Lines sign MoU for Auto Yard Management JV at Ennore
Sical, Mitsui O.S.K Lines sign MoU for Auto Yard Management JV at Ennore Print E-mail
Written by Krishna Kumar   
Wednesday, 05 August 2009
Chennai: Sical Logistics Ltd, a provider of multi-modal integrated solutions for the logistics of bulk and containerized cargo, today announced that it has signed a memorandum of understanding with Japan's Mitsui O.S.K. Lines Ltd. (MOL) to operate the automotives management yard at Ennore Port, near Chennai.

The proposed JV will combine the expertise of MOL in global automotives transportation and yard management with Sical's competencies in multimodal integrated logistics and terminal operations.

The yard will manage automotives in CBU (complete built-up unit) form and will cater to automotive exporters/importers based in India.

The MoU was signed by Takashi Kurauchi, Managing Executive Officer, Mitsui O.S.K Lines, and LR Sridhar, Managing Director, Sical Logistics, in the presence of S Velumani, Chairman-cum-Managing Director, Ennore Port Ltd.

Currently Sical's delivery network includes an exclusive walk-in berth at Chennai for ships carrying bulk cargo; a container terminal at Tuticorin; 225,000 square feet of storage across 17 warehouses; owned and regularly contracted fleet of more than 1000 transport vehicles; container freight stations at 3 locations across India; Sical Torino, a deepwater-capable platform supply vessel, and Sical Portofino, a cutter suction dredger.

Japan's Mitsui O.S.K. Lines Ltd. is among the world's largest shipping and logistics companies and considered among the leaders in global automotive transportation.

Last Updated ( Wednesday, 05 August 2009 )
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