Chennai gets second container terminal Chennai, Chennai Container Terminal,Chennai International Terminal,Chennai Port Trust,PSA International,Sical Logistics, Terminal operations

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Published: March 2007

Chennai gets second container terminal

Chennai International Terminal (CIT), a joint venture of Singapore’s PSA International and India’s Sical Logistics, has signed an agreement with the Chennai Port Trust (CPT) to develop a second container terminal on a build, operate and transfer basis.

CIT, in which PSA has 60% stake and Sical 40%, has agreed to give CPT a 45.801% revenue share to operate the terminal for 30 years....

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