Dubai Ports World and PSA International, both of which already have extensive presence in India, are both likely to bid for the roughly $325 million concession, Live Mint reported Friday.
Interestingly the terminal has already been hit by some controversy, as tariffs at Ennore will be determined upfront by the port and not by the national government regulatory agency, the Tariff Authority for Major Ports, because Ennore is not one of the country’s 12 designated “major” ports.
'In the case of the container terminal, the successful private operator will not have the freedom to set tariffs,' A. Rajagopalan, director of operations for Ennore Port, told Live Mint. The tender floated by the port said the operator 'will be entitled to charge a pre-determined user fee from its customers.'
Both DP World and PSA have already faced tariff issues in Indian ports, but it hasn’t dissuaded them from seeking to operate a terminal in one of India’s busiest container gateways.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now