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Wednesday, Sep 04, 2002

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NSICT handles 1.38 lakh TEU cargo in August

Our Bureau

MUMBAI, Sept. 3

NHAVA Sheva International Container Terminal (NSICT), the private container terminal owned and managed by P&O Ports at Jawaharlal Nehru (JN) port, handled 1.38 lakh TEUs during August 2002.

According to NSICT, the annualised output of 1.2 million TEUs is the highest volume of cargo handled by a private port considering the size of the terminal it operates. The port has outperformed its commitment under the Concession Agreement by 221 per cent, a news release said.

NSCIT is the first private container terminal in India and was developed at a cost of $250 million and employs 650 personnel. The terminal has a container yard of 28 hectares and containers. The project is promoted by a consortium led by P&O Ports which holds 95 per cent while the M B Eduljee Group holds five per cent.

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