PSA Sical Terminal loses appeal in High Court

The Division Bench of the Madras High Court on Tuesday dismissed an appeal filed by PSA-Sical Terminals Ltd (appellant), which operates a container terminal at the VO Chidambaranar Port in Thoothukudi. PSA-Sical Terminal had appealed against an order of the Single Bench on a petition by the operator to settle a dispute over royalty payments. The appellant owes royalty dues of around ₹1,250 crore to the VOC Port Authority from 2011 as the terminal operator and the port.