Larson-Toubro Port Project
Larsen and Toubro (L&T) has commissioned its minor port project adjacent to Ennore Port at Kattupalli, involving an investment of Rs. 3,800cr. The project in question has been floated jointly by L&T in association with Tamil Nadu Industrial Development Corporation for developing a shipyard-cum-minor port, in which the latter holds three% stake.International Container Terminal Services (ICTS), Philippines, has been accorded sanction to operate the container terminal. In the first phase, the project can handle 1.2 million Twenty Foot Equivalent Units of containers. The maiden trial run of the facility was conducted on January 8 with the arrival of container vessel Maersk Dalton, which left for Visakhapatnam after loading 928 twenty-foot equivalents.