NSICT: jewel in the crown
01 Sep 2006
The first container terminal to be privatised in India is perhaps the most interesting one by far.
The Nhava Sheva International Container Terminal (NSICT) was born when P&O Ports, now DP World, won a 30-year Build Operate Transfer concession in 1997 to invest $250m in a second container terminal at the Jawaharlal Nehru Port in Mumbai. Having fought off competition from the likes of Hutchison Port Holdings and PSA and required to handle a projected 500,000 teu by its 16th year of operations, NSICT achieved this figure in just its the second year. It also quickly set a string of records for crane productivity, berth throughput and vessel turnround.





