PSA-Sical prohibited from Tuticorin bid
PSA-Sical Terminals Ltd has been barred from bidding for the concession to operate a new container terminal at the southern Indian port of Tuticorin.
The Shipping Ministry took the decision to bar the company from the process, given that it already operates a box handling facility at the port.
The new terminal, which will occupy berth eight, will have a capacity of 600,000 teu. Four bidders are rumoured to have been selected to participate.
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