As such there is no diversion of cargo from the major ports to the non-major ports. As far as the traffic at major ports is concerned, there is consistent traffic flow and is largely on the increasing trend. However, non-major ports are also attracting cargo due to being captive ports and having no regulatory mechanism like TAMP, etc.
SingaporeÂ´s PSA Investments bagged Rs 7,915 crore and 4.8 million TEU fourth container terminal project from Jawaharlal Nehru Port Trust (JNPT). The board of trustees of the port has decided to award the project to be carried out under the design, build, finance, operate and transfer basis to PSA, which was the highest bidder.
Arshiya Rail Infrastructure, a subsidiary of Arshiya International, has commenced export-import container operations on the Chennai-Bangalore circuit.So far, only Concor offered this service. Arshiya commenced its rail service from PSA Chennai, the second private container terÂminal, run by PSA International of Singapore.