PSA progresses with largest India port project
Singapore
A UNIT of PSA International laid the foundation of a fourth terminal at India's busiest container port, which will double its capacity.
The development of the fourth container terminal at Jawaharlal Nehru Port (JNP) east of Mumbai, undertaken by Bharat Mumbai Container Terminals (BMCT) Pvt Ltd, will add 2.4 million TEUs (twenty-foot equivalent units) annual handling capacity during the first of two phases due to be completed in three years.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Air China orders homegrown C919s in challenge to jet duopoly
Huawei’s smart car tech offers automakers route to China sales
Sri Lanka to hand management of China-built airport to India, Russia companies
Tesla’s plan for affordable cars takes page from Detroit rivals
Toyota is investing US$1.4 billion to build another all-electric SUV in US
Airbus net profit soars 28% in first quarter