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PSA subsidiaries host trade meet in Hyderabad

May 15, 2019: PSA International’s subsidiaries Bharat Mumbai Container Terminals Private Limited (BMCT) and Chennai International Terminals Private Limited (CITPL) hosted a trade meet at Hyderabad on May 10, 2019.

In 2018, during a visit to India to open PSA%u2019s biggest terminal in the country at JNPT, Tan Chong Meng, Group CEO, PSA International, has mentioned that the operator was scouting India%u2019s vast cargo hinterland for potential acquisitions.
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In 2018, during a visit to India to open PSA%u2019s biggest terminal in the country at JNPT, Tan Chong Meng, Group CEO, PSA International, has mentioned that the operator was scouting India%u2019s vast cargo hinterland for potential acquisitions.

May 15, 2019: PSA International's subsidiaries Bharat Mumbai Container Terminals Private Limited (BMCT) and Chennai International Terminals Private Limited (CITPL) hosted a trade meet at Hyderabad on May 10, 2019.

The trade meet was attended by around 80 exporters, importers, freight forwarders, shipping lines, and trade associations. The event was also a successful business networking session for the trade fraternity, and a platform for active discussions on meeting the varying business needs of shippers.

In his opening address, Mike Formoso, managing director, PSA India, said, "I am pleased to welcome the trade community to BMCT and CITPL's first trade meet in Hyderabad. Through this event, we hope to raise the awareness of the PSA terminals operating in India and to hear from the trade members on their requirements and experiences for ports. I look forward to creating further avenues for collaboration through the discussions at this event."

The trade meet showcased the state-of-the-art facilities and the services provided by both BMCT, the newest terminal in Jawaharlal Nehru Port Trust (JNPT), and CITPL, the most productive terminal on the east coast of India.

Sivakumar K, general manager, BMCT, said, "As the newest terminal in the JNPT, BMCT has added much-needed capacity and operational flexibility to meet trade demands. BMCT provides class-leading productivity levels, superior facilities in the form of a dedicated access route and 1,000 metres of continuous wharf length for vessel berthing, and unique service advantages such as having no restrictions on move count, including on reefers and out-of-gauge (OOG) containers. With a growing market share, BMCT is fast becoming a game-changer for the Indian logistics sector, with a further advantage as the only terminal in JNPT that can handle the 1.5 kilometre double stack capable dedicated freight corridor (DFC) trains."

Capt T Madhanmohan, general manager, CITPL, shared, "CITPL is the busiest, most efficient and leading container terminal on the eastern coast of India, thanks to its excellent infrastructure, connectivity and services. In addition, CITPL's unique on-dock rail siding allows it to provide timely rail connectivity for its customers, and to serve the hinterland in a better and more cost-efficient manner."

Officials from the Container Corporation of India Ltd. (CONCOR) highlighted that both CONCOR Hyderabad and BMCT were working on possibilities of dedicated trains with fixed schedules which would benefit the trade tremendously. They encouraged the trade to work together with CONCOR to increase the cargo moved by rail in lieu of road to take advantage of cost and time efficiencies.

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