The V.O. Chidambaranar (VOC) Port Authority has confirmed a new concession agreement has been signed with Tuticorin International Container Terminal Private Limited (TICTPL) to convert Thoothukudi Port’s Berth No 9 into a 600,000TEU/yr container terminal.

The V.O. Chidambaranar (VOC) Port Authority has confirmed a new concession agreement has been signed with Tuticorin International Container Terminal Private Limited (TICTPL) to convert Thoothukudi Port’s Berth No 9 into a 600,000TEU/yr container terminal. It will be developed by TICTPL, a subsidiary of J M Baxi Ports & Logistics Limited at a cost of US$54 million.