PSA International, the leading global ports operator, is increasing its involvement in the Middle East and Subcontinent sector. In recently released results its Chennai International Terminal facility registered an impressive 22% growth rate, achieving a full year throughout of 815,000 teu, on the back of new services from a number of lines, and larger vessels being deployed by customers.
Furthermore its Bharat Kolkata Terminal achieved a 13.6% growth rate, and its Tuticorin Container Terminal performed well to move over 540,000 teu during 2016. PSA’s position in India will be strengthened further when Phase 1 of the Bharat Mumbai Container Terminal in JN Port becomes operational towards the end of 2017.
PSA is now present in the Middle East through its Saudi Global Ports facility in Dammam. In its first full year of operations it achieved a throughput of more than 410,000 teu, giving it already a significant market share within the Saudi Gulf port’s container business.