JSW Infrastructure (JSWIL) signed an agreement with Port of Fujairah for management of mechanised bulk cargo handling terminals on November 8, 2016. This is first foreign venture by JSW Infrastructure.
Almost 80 per cent of Colomboâ€™s container traffic represents cargo transhipped from Indian ports. One year after Indiaâ€™s first ICTT was commissioned, transhipment transactions have been almost insignificant. Will the terminalâ€™s second year be any different?