The Ports and Ports related activities play a crucial role in the economic development of a country. The Group has therefore ventured into port related infrastructure developments by setting up Tank Farms with a capacity of 14000 MT at Beypore as part of one of its expansion plans.
The Group being major importers of vegetable oil have to hire storage facilities at Cochin till recently. This has been consuming much of their time, efforts and resources. Being based at Calicut, the Group has thoughtfully explored the possibility of getting the shipments to the Beypore Port and having their own storage at the Port.

The Parisons Group is proposing to take up a prestigious Project of Development of Beypore Port, which is a Long Term One. Group had submitted our proposal in the GIM-2003, which had met “in principle” approval and have signed an MOU already. We have also submitted detailed Master Plan comprising Commercial and Technical Proposals to the Government, of late. M/s Price Waterhouse Coopers are our Consultants for this project.

After realizing the vast potential and increasing demand for storage facilities, the Group took on lease 1.43 hectares of land from Cochin Port Trust to set up Tank Farms with a capacity of 50000 MT (52000 KL) with an outlay of Rs1850 Lakh at Willington Island in the land allotted to us on 30 years lease. Out of the eighteen tanks proposed for storage of Petroleum Class A/ B products and Vegetable Oils, four tanks for the storage of Vegetable Oil have been completed.

By setting up of their own facilities for storage at Cochin Port also the Group intends to achieve economy in their existing operations and also to earn additional revenue by leasing out the facilities to others apart from contributing to the growth of Cochin Port.

The Group has also launched a 1200 Kilolitre capacity Oil Tanker “ KUNHIPARI”, named after the late father of the promoter Directors. As the berth at Beypore Port does not have sufficient depth for large vessels with bulk shipments, these can be anchored at the outer sea and from there the liquid bulk has to be carried to the shore by moving barges other wise known as harbour crafts. The oil tanker barge has been used extensively for the bulk transfer of cargo from the large shipment vessels to the shore.