The company, with five other partners in a consortia, made a bid to develop a container terminal in the Indian city of Ennore, the 12th largest port in India
Israel's Zim Integrated Shipping Services Ltd. together with five other partners in a consortia made a bid to develop a container terminal in the Indian city of Ennore, the 12th largest port in India, in southeast India just north of Chennai.
The six members consortia had passed the pre-sorting stage in the $1 billion BOT tender to build and operate a new container terminal at Ennore.
The container terminal is planned to handle 1.5 million TEU per year. The terminal is due to begin operating in 2012-2013, and the tender winner will operate it for 20-30 years.
Zim Integrated Shipping Services Ltd, a subsidiary of Israel Corporation, has a 22% stake in the bidding partnership which also includes Japan's Nippon Yusen Kaisha (NYK Line) Ltd, Evergreen Marine Corporation (Taiwan) Ltd, and South Korea's Hyundai Merchant Marine Co. Ltd.
Zim Integrated Shipping Services has a focus on India
The company, with five other partners in a consortia, made a bid to develop a container terminal in the Indian city of Ennore, the 12th largest port in India
14.07.08 / 00:00
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