EIGHT bids to build an 800,000-TEU container terminal at Jawaharlal Nehru-Nhava Sheva (JNPT) port complex near Mumbai has arrived in response to a call for tenders, reported India's LiveMint Wall Street Journal.

Bidders include DP World, which already manages one of three existing terminals at the port, India's largest as well as Mundra Port and SEZ, which runs the country's busiest private container terminal in Gujarat. Other bidders were Indian companies.

Absent from the process were PSA International and APM Terminals, which both operate terminals in India (APM operates another of the Nhava Sheva terminals), Hong Kong's Hutchison Port Holdings and mainland China's Cosco Pacific.

India has maintained an unwritten policy of barring Chinese operators from managing terminals, reported American Shipper.

Source: www.schednet.com