+
J M Baxi Opens New Terminal at VOC Port
PORTS & SHIPPING

J M Baxi Opens New Terminal at VOC Port

J M Baxi Opens New Terminal:

J M Baxi Ports & Logistics has inaugurated a new terminal at V O Chidambaranar (VOC) Port in Tamil Nadu. This development is creating competition for PSA Sical Terminals, which has been facing operational challenges for some time. Impact on PSA Sical Terminals:

PSA Sical, which operates a terminal at the same port, is reportedly on tenterhooks as J M Baxi’s new facility adds capacity and competition. PSA Sical’s existing issues, such as underutilization and contract renewal delays, make it vulnerable amid the competition. The new terminal may lead to a shift in cargo volumes, impacting PSA Sical’s market share at the port. Increased Port Capacity:

The new terminal is expected to enhance the overall container handling capacity at the VOC Port, positioning it as a key player in the region. This increased capacity will help cater to the growing demand for port logistics services in southern India, improving trade flow and operational efficiency. VOC Port’s Strategic Importance:

VOC Port plays a crucial role in southern India’s trade and export activities, especially with its proximity to key shipping routes. With J M Baxi's terminal, the port aims to improve cargo handling services and attract new shipping lines. Focus on Advanced Infrastructure:

J M Baxi’s terminal features modern infrastructure with advanced handling equipment, promising faster turnaround times and improved logistics operations. The terminal is equipped to handle larger container vessels, increasing its capacity to serve international trade routes efficiently. Boost to Regional Economy:

The new terminal is expected to boost economic activity in the region by improving access to global markets, particularly for industries reliant on exports. The additional capacity and competition could lead to lower logistics costs, benefiting local businesses and exporters. Potential for Future Growth:

The development opens up possibilities for further expansion at VOC Port, as it seeks to become a major hub for container traffic in South India. By improving capacity and service, the port could attract more international shipping companies, increasing the flow of global trade through the region. Conclusion: The opening of J M Baxi’s new terminal at VOC Port marks a significant development in southern India’s port infrastructure. While it intensifies competition for PSA Sical Terminals, it is expected to enhance the port's overall capacity and improve trade connectivity, with positive impacts on regional commerce and logistics.

J M Baxi Opens New Terminal: J M Baxi Ports & Logistics has inaugurated a new terminal at V O Chidambaranar (VOC) Port in Tamil Nadu. This development is creating competition for PSA Sical Terminals, which has been facing operational challenges for some time. Impact on PSA Sical Terminals: PSA Sical, which operates a terminal at the same port, is reportedly on tenterhooks as J M Baxi’s new facility adds capacity and competition. PSA Sical’s existing issues, such as underutilization and contract renewal delays, make it vulnerable amid the competition. The new terminal may lead to a shift in cargo volumes, impacting PSA Sical’s market share at the port. Increased Port Capacity: The new terminal is expected to enhance the overall container handling capacity at the VOC Port, positioning it as a key player in the region. This increased capacity will help cater to the growing demand for port logistics services in southern India, improving trade flow and operational efficiency. VOC Port’s Strategic Importance: VOC Port plays a crucial role in southern India’s trade and export activities, especially with its proximity to key shipping routes. With J M Baxi's terminal, the port aims to improve cargo handling services and attract new shipping lines. Focus on Advanced Infrastructure: J M Baxi’s terminal features modern infrastructure with advanced handling equipment, promising faster turnaround times and improved logistics operations. The terminal is equipped to handle larger container vessels, increasing its capacity to serve international trade routes efficiently. Boost to Regional Economy: The new terminal is expected to boost economic activity in the region by improving access to global markets, particularly for industries reliant on exports. The additional capacity and competition could lead to lower logistics costs, benefiting local businesses and exporters. Potential for Future Growth: The development opens up possibilities for further expansion at VOC Port, as it seeks to become a major hub for container traffic in South India. By improving capacity and service, the port could attract more international shipping companies, increasing the flow of global trade through the region. Conclusion: The opening of J M Baxi’s new terminal at VOC Port marks a significant development in southern India’s port infrastructure. While it intensifies competition for PSA Sical Terminals, it is expected to enhance the port's overall capacity and improve trade connectivity, with positive impacts on regional commerce and logistics.

Next Story
Infrastructure Energy

L&T to Build India’s Largest Green Hydrogen Plant for IOCL

The plant will be developed on a build-own-operate (BOO) model and will supply 10,000 tonnes of green hydrogen annually to IOCL for a period of 25 years. It will operate entirely on renewable energy, aligning with IOCL’s decarbonisation goals and India’s broader net-zero ambitions.Green hydrogen at the plant will be produced using high-pressure alkaline electrolysers manufactured at L&T Electrolysers Ltd’s facility in Hazira, Gujarat. This initiative further showcases L&T’s commitment to localised, self-reliant clean-tech solutions under the Aatmanirbhar Bharat mission.LTEG’s..

Next Story
Infrastructure Urban

Bansal Wire Q1 Profit Rises 24.6% to Rs 393 Mn

Bansal Wire Industries, India’s largest stainless steel wire manufacturer and second-largest steel wire maker by volume, reported a 24.6 per cent year-on-year rise in net profit to Rs 393 million for the quarter ended June 30, 2025 (Q1 FY26).During the quarter, revenue rose 14.9 per cent YoY to Rs 9,390 million, while EBITDA increased by 19.6 per cent YoY to Rs 745 million, reflecting the company's strong operational performance and focus on value-added segments.According to Pranav Bansal, MD & CEO of Bansal Wire Industries, the company has started FY26 on a strong note, building on the ..

Next Story
Infrastructure Urban

Lemon Tree Opens Keys Lite Hotel in Banswara, Rajasthan

Lemon Tree Hotels has launched its latest property, Keys Lite by Lemon Tree Hotels, Banswara, further expanding its footprint in Rajasthan. This marks the group’s 11th operational hotel in the state and continues its focus on providing quality stays in emerging travel destinations.The newly launched managed hotel features 54 well-appointed rooms, a multi-cuisine restaurant – Keys Café, a fitness centre, and spacious banquet and conference facilities, catering to both leisure and business travellers.Located in southern Rajasthan, Banswara is known as the “City of Hundred Islands” for t..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?