Narendra Modi calls for greater maritime investment

Narendra Modi calls for greater maritime investment

Singapore terminal operator PSA International officially opened its terminal at India’s top boxport on Sunday with Indian prime minister Narendra Modi on hand for the event via a live video feed.

The $1.2bn Bharat Mumbai Container Terminals (BMCT) is the fourth terminal at Jawaharlal Nehru Port (JNPT). PSA has a 30-year concession for this brand new facility.

Once fully complete the fourth terminal will help double JNPT’s throughput to more than 10m teu.

“If we have to carve out a place for ourselves in a globalised world, we need to enhance our waterways,” the Indian prime minister said at the opening event.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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