Singapore's global port operator PSA International has signed a concession with Mumbai's Jawaharlal Nehru Port Trust (JNPT) to develop JN Port's fourth container terminal, according to Shipping Gazette.
Bharat Mumbai Container Terminals Private Limited (BMCT), a wholly-owned subsidiary of PSA Bharat Investments Pte Ltd, has won a 30-year concession to design, build, operate and finance the terminal.
At full build-out the new 4.8 million-TEU terminal will have 16.5 metres alongside, the deepest in JN Port, a quay length of 2,000 metres, equipped with the latest technology and equipment to serve industrial and manufacturing centres and cities in India's largest hinterland.
BMCT also enjoys good connections to major highways and railway networks to key growth markets in India, a company statement said.
Said PSA International CEO Chong Meng: "PSA will work along with Jawaharlal Nehru Port Trust to develop this very important terminal in India to cater to the increasing demand for container handling capacity, and facilitate maritime trade in India."