By Daniel Canty
World's biggest container carrier honoured by DP World's Chennai terminal.
For the third time in a row, Maersk Line has bagged the Top Shipping Line of the Year award for providing maximum volumes through India's Chennai Container Terminal (CCTL). Maersk Line received the accolade at an award function organised by DP World in Chennai. The award has been running since 2005 and Maersk Line has scooped the title every year, reflecting the dominance the carrier has in the region.
Container volume at CCTL has more than doubled from 400,000 TEUs in 2002 to 830,000 TEUs in 2006 and is projected to touch the 1million TEU mark this year.
Maersk Line introduced its MECL2 service in March 2007, adding significantly to the Chennai terminal's container throughput. The weekly service from Chennai to the US East Coast was the first to link the port to US markets directly, and has made 27 calls since its launch, providing Southern India a direct link to the US East Coast with reduced transit times.
As a part of the privatisation policy of the Government of India, the license to develop, operate and manage the container terminal for a period of 30 Years at Chennai port was awarded by Chennai Port Trust to a consortium led by P&O Ports.
Chennai Container Terminal (CCT) the private container terminal operated by P&O Ports (now DP World) commenced operations in November 2001. CCT is focused on becoming a major hub in the East Coast of India.