![]() Financial Daily from THE HINDU group of publications Wednesday, Jul 06, 2005 |
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Logistics
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Shipping Tuticorin box terminal: Pre-qualification bid meet on July 25 Our Bureau
Chennai , July 5 ELEVEN prospective bidders have procured tender documents for developing a second container terminal at the Tuticorin port. The Tuticorin Port Trust (TPT) will hold a pre-qualification bid meeting on July 25 with all the bidders, according to a port trust press release. The bidders are ABG Heavy Industries, PSA Sical Terminals, Maersk India, Hutchison Port Holdings, South India Corporation (Agencies), Larsen & Toubro, Gammon India, Oceanic Transport (London), Chettinad Logistics, South India Corporation Ltd and Afcons Infrastructure. The container traffic at the present private terminal, operated by PSA Sical Terminals, touched an all-time high of 3.07 lakh TEUs ( 20-ft equivalent units) in 2004-05. It is anticipated that the container traffic would reach 6 lakh TEUs during 2007-08 warranting one more terminal, the release says. The port trust plans to develop the existing berth number eight as a second container terminal with requisite infrastructure facilities on BOT (build, operate and transfer) basis, the release says.
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