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Chennai mulls letting out PSA-Sical terminal
  Date:02/24/10  |  From:cargonewsasia  |  Click:

The Chennai Port Trust (ChPT) is considering letting out the second container terminal, which is run by PSA-Sical and currently "under-utilised", to handle cargo, according to Subhash Kumar, chairman of ChPT.

"We are in dialogue with PSA-Sical on this," he told The Hindu.
PSA Sical �� a joint venture between PSA International of Singapore and Sical Logistics of Chennai �� started the terminal operations mid last year and is handling less than 20,000 boxes a month.

It currently has nearly 28 hectares (totally it will get 34 hectares), which will not be entirely required immediately.
On the other hand, there is demand for space for handling cars and other clean cargo. "We have just begun the dialogue with the company and do not know when it will work out," Kumar said.

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