Way clear for second Tuticorin box terminal

India’s Tuticorin Port Trust (TPT) has shortlisted nine companies to build a dry bulk cargo berth under the public-private partnership model.

Tuticorin Port Trust (TPT) in south India has shortlisted five companies, including the existing private container terminal operator PSA-Sical, for the development and operation of the port’s second container terminal.

Tuticorin Port, near the southernmost tip of India, will invite expressions of interest (EOIs) this year to build a second container terminal in order to cope with growing traffic.

In a move that is seen as unprecedented, PSA International of Singapore, which operates the Tuticorin container terminal in south India along with its partner SICAL, has asked the government to change the basis on which it was awarded the concession.