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P&O India Port Concessions

Maritime Activity Reports, Inc.

August 9, 2001

The Peninsular & Oriental Steam Navigation Company (P&O) said its Ports unit had won a 30-year concession to develop a container terminal in India worth $170 million. The concession provides for the modernization of the current terminal operations and the development of Madras in southeast India as a major hub port. - (Reuters)
Navy • Ports
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