P&O moves to scuttle Maersk India terminal bid: Report

P&O moves to scuttle Maersk India terminal bid: Report

P&O Ports, the operator of Nhava Sheva International Container Terminal, and the Indian Private Ports and Terminals Association have urged India's new government to delay the award of a third container terminal contract at the port of Jawaharlal Nehru, according to a published report.

The contract, which was supposed to be awarded to a consortium of A.P. Moller-Maersk, and Container Corp. of India, has been held up by government anti-trust concerns.

Three lawsuits have also been filed by individuals seeking to block the deal.

The Financial Express of New Delhi quoted unnamed sources as saying that P&O had written to then-Nationalist Congress Party President Sharad Pawar and Shipping Secretary D..T Joseph complaining that the deal would give Maersk and Concor control of India's largest maritime gateway. Pawar, now agriculture minister, had during the course of elections called for a review of the project.

Nehru handles close to 60 percent of the country's container traffic.

The report said the Maersk bid is active until June 26, and could be put up for rebidding after that time..

Nehru has two container terminals, one controlled by the port trust and the other by P&O, which had been barred from bidding on the third terminal on anti-trust grounds.