Five bid for terminal

Five consortiums of Indian and foreign firms have bid for the proposed private container terminal at Jawaharalal Nehru Port.

The five bids are from P&O with DBC Port Management; ABG with Hong Kong International Terminals (HIT) and Bank of America; Port of Singapore Authority (PSA) with Samsung, NOL, Samrat Shipping (which represents NOL in India) and Celesta Investments Singapore; L&T with Stevedoring Services of America and Precious Shipping from Thailand; and Marubeni with Evergreen and ILFS.