THE Indian government has approved the construction of two new terminals costing US$720 million at Deendayal Port, Kandla, 450 nautical miles north of Mumbai, reports Rostock, Germany's FleetMon
THE Indian government has approved the construction of two new terminals costing US$720 million at Deendayal Port, Kandla, 450 nautical miles north of Mumbai, reports Rostock, Germany's FleetMon. The government will be partnering with private entities for the construction of these terminals, one a 2.19 million TEU annual container terminal while the other is designated multipurpose.
The government is offering a concession period of 30 years, extendable by 20 more years for the concessioner of either of the two terminals.
Containerships of up to 21,000 TEU and vessels up to 210,000 dwt with drafts of 18 metre are anticipated by the current plans.
The new terminals are expected to significantly reduce congestion at the port and reduce the turnaround time for vessels. The container terminal at Tuna-Tekra will also have a strategic advantage as it will be best positioned to serve the vast hinterlands in the northern part of India.
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