Nine in for Tuticorin
NewsIndia’s Tuticorin Port Trust (TPT) has shortlisted nine companies to build a dry bulk cargo berth under the public-private partnership model.
Way clear for second Tuticorin box terminal
India’s Supreme Court has rejected a request from the PSA-Sical consortium to allow it to bid, clearing the decks for V O Chidambaranar Port Trust (formerly Tuticorin Port Trust) to proceed with the conversion of a general cargo berth into a second container terminal at a cost of US$75.38M.
Last August, the Union government issued a directive to restrict private sector monopoly in ports.
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This complete item is approximately 200 words in length, and appeared in the August 2011 issue of WorldCargo News, on page 8. To access this issue download the PDF here.
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