Chemoil Adani interested to develop bunkering facility

To develop a bunkering facility at Chennai port, Chemoil Adani, a joint venture between Chemoil and Adani, has expressed its keen interest. The Indian Oil Corporation is the only supplier of bunker – fuel oil used aboard ships – in Chennai. Mundra, Colombo and Kochi ports have developed bunkering facility. The Kandla port has also taken initiative to improve this facility, say media reports.

Sources in Chennai Port Trust said that Chennai is an ideal location along the east coast to develop a bunkering facility.

Chemoil recently gave a presentation on setting up such a facility in Chennai, and the board was keen to pursue it. Chemoil is the only independent physical supplier of marine fuel globally to have operations in top oil products ports, including Singapore, Rotterdam and Fujairah.