ICTSI, LTSB seal port deal in southern India

Philippine-based International Container Terminal Services, Inc. (ICTSI) and L&T Shipbuilding (LTSB) have agreed to jointly manage and operate the Kattupalli Container Terminal in Tamil Nadu, India.


The container terminal is located near Chennai in Thiruvallur district. It has two 350 metres long berths and a total terminal area of around 20 hectares in phase one. A second phase development will see the terminal handling capacity increase to 1.8m teus.


Developer LTSB entered into a management contract with ICTSI for the operation of the terminal currently under construction. The facilities are slated to commence operation in January 2012.
(Source:http://en.portnews.ru)