CHENNAI FAVOURS PSA CONSORTIUM

The PSA/Sical Logistics consortium is all set to be awarded the concession to build and operate the second container terminal at Indias Chennai port.The consortiums 45% revenue share bid is the second highest ever made for a port project in India.

Zeebrugge, which manages the container terminal at the Belgian port of the same name.This began operating in the summer with 900 metres of quay and can handle 750,000 teu annually.