Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

MPT offshore container terminal approved

MPT offshore container terminal approved

Mumbai: The Mumbai Port Trust (pictured) has received approval from the Indian government to award a Rs120m ($2.9m) contract for an Offshore Container Terminal to a joint venture company made up of Gammon India and Dragados SPL. The consortium, which offered MPT a 35% share in revenue from the terminal, will set up the facility on a Build, Operate and Transfer (BOT) basis for 30 years.

The project approval was announced by Thiru T.R. Baalu, minister of shipping, road transport and highways, in India's Rajya Sabha earlier today.  [30/08/07]

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.