Sical Logistics, India leading provider of multi-modal integrated solutions for the logistics of bulk and containerized cargo has announced that it has signed a memorandum of understanding with Japan`s Mitsui O.S.K. Lines (MOL) to operate the automotives management yard at Ennore Port, near Chennai. MOL is among the world`s largest shipping and logistics companies and considered among the leaders in global automotive transportation.
The MoU was signed by Takashi Kurauchi, managing executive officer, Mitsui O.S.K Lines, and L R Sridhar, managing director, Sical Logistics, in the presence of S Velumani, chairman cum-managing director, Ennore Port. The yard will manage automotives in CBU (complete built-up unit) form and will cater to automotive exporters / importers based in India. The proposed joint venture 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 MoU was signed by Takashi Kurauchi, managing executive officer, Mitsui O.S.K Lines, and L R Sridhar, managing director, Sical Logistics, in the presence of S Velumani, chairman cum-managing director, Ennore Port. The yard will manage automotives in CBU (complete built-up unit) form and will cater to automotive exporters / importers based in India. The proposed joint venture will combine the expertise of MOL in global automotives transportation and yard management with Sical`s competencies in multimodal integrated logistics and terminal operations.
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