Karaikal Port
Karaikal port is a new deep sea water port being constructed in Karaikal. More than 600 acres (2.4 km2) of land was leased out to MARG corporation in year 2005 for 30 years and can be renewed for every 10 years thereafter. The port will have a total of nine berths and is constructed for primary transport of coal, textile and cement. The Karaikal port is intended to primarily handle cement and coal to serve the hinterland in Ariyalur, Perambalur and Tiruchi districts. The port is also expected to provide an alternative to the Chennai and Tuticorin ports, which are the major ports in the coastline but are separated by long distance. Further, Karaikal is in the middle of the Tamil Nadu coast, midway between the two deepwater ports of Chennai and Tuticorin. Karaikal Port has handled a whole range of different cargoes for top industrial houses of the country. Known for its speed of clearance, efficiencies of scale and a diverse cargo mix, a notable achievement has been the port's outstanding record in discharge rate and turnaround timelines.
Karaikal Port is poised to be a multi-cargo handling terminal. So far the port has handled cargoes such as Coal, Pet coke, Raw sugar, Fertilizer, Cement, Project Cargo and construction materials. Containers and liquid cargo are soon to follow. On completion, the port will be capable of handling all types of cargo. Karaikal Port is also a hub for oil exploration activities and OSV/PSVs belonging to companies such a Hindustan Oil Exploration Company (HOEC)and Reliance Petroleum regularly call at the port.
Oil and Natural Gas Corporation Limited (ONGC)'s Asset and Kauveri Basin is at karaikal.
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