PSA Sical Terminals Limited (“PSA Sical”), a joint venture between PSA India and Sical Logistics achieved its highest ever monthly throughput of 50,225 TEU (twenty-foot equivalent units) in March 2016.
PSA Sical, the gateway port to Tamil Nadu, was inaugurated in December 1999 and is one of India’s first foreign invested container terminals.
Commenting on the achievement, Mr Mike Formoso, Managing Director of PSA India said “I wish to thank the management, staff and unions of PSA Sical for their huge contributions in surpassing the 50,000 TEU monthly milestone for the first time. This is an immense achievement given the severe capacity constraints and challenging environment PSA Sical is facing and a testament to PSA Sical’s tireless efforts to serve the trade over the past 15 years. I would also like to express, on behalf of PSA Sical, our deep appreciation to the trade community and the V.O Chidambaranar Port Trust for their continued support during this time.”
Mr Chandra Bose, Chairman of V.O Chidambaranar Port Trust congratulated the terminal on its achievement, noting “PSA Sical’s systematic growth to serve the increasing expectations of the Exim Trade.”
Mr Joe Villavarayar, President of Tuticorin Shipagents Association said, “It is heartening to note that Tuticorin Port container volumes have scaled a record high at 61,390 TEU for the month of March 2016. PSA Sical has also set a new record in handling 50,225 TEU which is highly commendable. I wish PSA Sical all the very best in sustaining the efficiency levels they have recently showcased despite the restrictions they operate under and sincerely hope the licensing disputes are swiftly resolved to ensure Tuticorin retains its pre-eminent position in local trade.”
Key customers of PSA Sical also complimented the terminal on its success, “We congratulate PSA Sical on setting a new monthly throughput record. The terminal has been a key facilitator of the Tuticorin trade since inception. PSA Sical has continued to operate at a high level of efficiency and serve the trade despite facing numerous external problems and limited infrastructure. We hope the legal issues facing PSA Sical will be resolved positively soon to allow the terminal to build on this throughput achievement and so facilitate the trade to even greater heights,” said Mr Johnson, Managing Director of St John’s Line.
PSA Sical is located in a growing trade region, along the busy Europe-Far East trade route. The terminal is well linked to the major trade hinterland industrial clusters and cities such as Bangalore, Chennai, Cochin, Coimbatore, Madurai and Tirupurby state by national highways and rail connections. The all-weather port provides customers with a conducive, pro-business environment with 24 hour operations and no restrictions on night navigation. The extensive use of information technology systems ensures high operational efficiency in the port.
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