Business Daily from THE HINDU group of publications
Monday, Sep 18, 2006
ePaper
Business Daily from THE HINDU group of publications Monday, Sep 18, 2006 ePaper |
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Logistics
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Shipping Big interest in Pak mega port Our Bureau
Three international port terminal operators — PSA International, A P Moller-Maersk and Dubai Port World — which are already active in India, are believed to have shown interest along with three others in the deep-water container port proposed to be built by the Karachi port authorities at the Keamari Groyne area. The Expression of Interest was invited last month for building and operating the first phase terminal consisting of four berths offering an average draft of 18 metres. The cost is estimated at $550 million to be funded jointly by the port authorities and the selected operator. The terminal, when ready for operation, should be able to handle Super Post Panamax container ships with a capacity of up to 14,000 TEUs. No Indian container terminal today is in a position to handle such a mega container ship.
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