POOMPUHAR  SHIPPING  CORPORATION  LIMITED

  
HOME  
News & Events
 

               COMPANY POLICY :
 

OBJECTIVES :
 
Apart from the general objectives enumerated in Clause III (A) to (C) Memorandum of Association, the objectives of the Company and chosen to pursue specifically are to:
 
a) move coal from ports in the east coast (Haldia, Paradip and Visakhapatnam) to Chennai (Ennore), Tuticorin and other Ports in Tamil Nadu as might be required to cater to the needs of Thermal Power Stations owned by TNEB and other industries in the State;
 
b) development of return cargo to Kolkata, special attention being paid to movement of salt and cement from the Tamil Nadu Ports and
 
c) participate in the trade between Indian and neighbouring countries.
 

The Company operates chartered vessels on "No Profit No Loss" basis and its own vessels on "Affreightment" basis on TNEB's Account.
 
ORGANISATIONAL SET-UP :
 

The affairs of the Company are managed by Board of Directors consisting of the Chairman & Managing Director of Poompuhar Shipping Corporation Limited, Principal Secretary to Government, Highways and Minor Ports Department, Principal Secretary to Government, Energy Department, Deputy Secretary to Govt. Finance Department, Chairman, Tamil Nadu Electricity Board, Vice Chairman and Chief Executive Officer, Tamil Nadu Maritime Board and Member (Accounts), Tamil Nadu Electricity Board. The Chairman & Managing Director and other Directors of Poompuhar Shipping Corporation Limited are nominated by the State Government.

The Chairman and Managing Director is the Chief Executive who is in overall incharge of administration of the Company. In day-to-day activities, he is assisted by Executives in Finance, Personnel & Administration, Technical and Operations.
 

BACK