Container Digital Exchange (CODEX) goes live in Tuticorin

Container Digital Exchange (CODEX) goes live in Tuticorin

Tuticorin: VO Chidamabaranar Port Trust in Tuticorin and Tuticorin Container Freight Station Association have jointly announced that India’s First Container Digital Exchange (Codex) went live on 1 July.

The platform was successfully processed in over 42,000 containers during pilot run of the project, thereby eliminating paper documents accompanying container movement at the port.

Association president David Raja in a press release said all the major stakeholders, including shippers, shipping lines and agents, will now have complete access to container movement through both online portal and the mobile application.

Kale Logistics Solutions, which developed Codex, announced the Go Live of the platform at the end of three months of pilot run.

The release said that the Go Live was executed today by the Chief Commissioner of Customs Chennai Pranab Kumar Das, VOC Port Trust S Anantha Chandra Bose and Commissioner of Customs Tuticorin KC Johny at a function in Tuticorin.

Container Digital Exchange (CODEX) is an EDI based electronic platform through which communication, information exchange, connectivity and electronic processing of key business transactions/operations can be facilitated between all container stake-holders at the Port and its related logistics value chain.

Last year, Tuticorin CFS Association (TCFSA) and Kale Logistics jointly signed a Memorandum of Understanding (MoU) to deliver India’s first Container Digital Exchange (CODEX), which will automate the container movement at Tuticorin Port and reduce the container dwell times considerably.

As per the MoU, TCFSA and Kale Logistics have agreed to co-operate with a view to provide a Digital Community platform to enable effective management of cargo information & documentation flows such that it eliminates/reduces manual paperwork considerably. This move promises to improve and contribute to the seamless movement of Export Import containers in and out of the Tuticorin Port from/to the Tuticorin based CFS/ICDs. The CODEX platform will electronically connect CFS/ICDs, Transporters, Port authority, Customs, Port terminal Operators and Security forces (Central Industrial Security Force-CISF).

This development is a path breaking and pioneering initiative in enabling ease of business, and following the Honorable Prime Minister’s initiative of “Digital India” Mr. S. Anantha Chandra Bose, Chairman, V.O.Chidamabaranar (Tuticorin) Port Trust said,  “Tuticorin is a progressive and  prominent port in the region. We have recently expanded the Port Gates and are introducing Toll Gate to enable Seamless access to the port. The Container Digital Exchange is the first of its kind initiative at an Indian Port which promises to reduce the current documentation process from 2 hours to almost 1/4th its time.”

Mr. David Raja, President – TCFSA stated, “We were impressed with the work Kale Logistics has done on Airport cargo handling side for Mumbai Airport and also at other port CFS/ICDs in India and abroad. They completely understand our business and that of our extended logistics value chain. With the CODEX platform, we look forward to better manage multiple document exchange between our members & trade partners, streamline the processes involved in container movement, track queue issue at port and reduce overall dwell time.”

“We are already in the space of developing Cargo Community Platforms, having created India’s first Cargo Community Platform UPLIFT back in 2011. Hence, it gives us tremendous confidence to once again deliver India’s first Container Digital Exchange for the Port User community. Since, we have prominent CFS/ICD system installations in India and other countries, we exactly know what Global Technology  practices needs to be followed for a progressive port like Tuticorin.” Said Mr. Vineet Malhotra, Senior Vice President- Kale Logistics Solutions.

Source:RailNews