20.8 C
Hamburg
Saturday, May 18, 2024
Home Port News APM Terminals Mumbai to invest US$115 million to boost box handling capacity

APM Terminals Mumbai to invest US$115 million to boost box handling capacity

APM Terminals Mumbai, also known as Gateway Terminals India (GTI), will invest US$115 million in infrastructure, aiming to increase the container handling capacity by 10% to 2.18 million TEU.

APM Terminals Mumbai, the joint venture between APM Terminals and the domestic rail operator Container Corporation of India (Concor) operating at Nhava Sheva, will invest in ship-to-shore (STS) and rail-mounted gantry (RMG) cranes in order to enable the terminal to accommodate changing customer needs for larger vessel capability.

"The investment will allow us to cater to the larger vessels safely and efficiently at our terminal," stated the chief operating officer (COO) of GTI, Girish Aggarwal, who went on to add, "This, in turn, will assist our customers to drive operational efficiency towards the Indian trade."

Furthermore, the operator's decision to invest in the Indian terminal is a step forward in supporting the Indian government’s initiative to improve 'Ease of Doing Business,' according to Aggarwal.

Currently, the Indian terminal includes 10 twin-lifting quay cranes, 40 rubber-tire gantry cranes, and three rail-mounted quay cranes.





Latest Posts

MSC increases rates for shipments to Valencia and Antwerp

Swiss/Italian container carrier MSC has announced new Freight All Kinds (FAK) rates for shipments to Europe, effective from 1 June until further notice but not...

Hapag-Lloyd announces peak season surcharges for shipments to North America

Hamburg-based box line Hapag-Lloyd has announced new peak season surcharges for shipments destined for North American ports. The German company will apply a new peak...

CFL multimodal and ista Luxembourg ink long-term deal

CFL multimodal, through its subsidiary CFL logistics, and ista Luxembourg S.à r.l have signed a long-term agreement, under which the logistics expert will provide...

MSC launches new weekly North Peru Feeder service

MSC has announced the “North Peru Feeder”, a new dedicated feeder service from Salaverry and Paita in Peru to provide increased port connections and...

Container dwell times improve at San Pedro Bay ports

Average dwell time for containers moving through the San Pedro Bay’s Ports of Los Angeles and Long Beach improved during April 2024, as dwell...