19.1 C
Hamburg
Sunday, June 1, 2025
Home Port News APSEZ signs 30-year deal to develop new berth at Deendayal Port

APSEZ signs 30-year deal to develop new berth at Deendayal Port

Adani Ports and Special Economic Zone (APSEZ), India’s major port developer and operator, has entered into a concession agreement with Deendayal Port Authority (DPA) to develop Berth No. 13 at Kandla’s Deendayal Port in Gujarat, India.

APSEZ has established a wholly owned subsidiary, DPA Container and Clean Cargo Terminal Limited (DPACCCTL), to manage operations at the berth.

In July 2024, APSEZ received a letter of intent (LOI) for the development, operation, and maintenance of the berth, granted for a 30-year concession period. The project will follow the DBFOT (Design, Build, Finance, Operate, and Transfer) model, focusing on handling multipurpose clean cargo, including container cargo.

Berth No. 13, which is 300 meters in length with an annual capacity of 5.7 million metric tons (MMT), is expected to be operational by FY27.

“Berth No. 13 will diversify our presence at Deendayal Port. We will now handle multipurpose clean cargo at the port, in addition to dry bulk cargo that we already handle. The berth will further consolidate our position on the western coast and enhance our ability to service customers in Gujarat and north India,” stated Ashwani Gupta, whole-time Director and CEO of APSEZ.





Latest Posts

The Indian Ocean Rivalry

The Indian Ocean has emerged as a strategic theater of competition between two Asian giants: India and China. India’s recent developments indicate a rapid expansion...

Statkraft advances plans for green hydrogen scheme at Hunterston

Europe’s largest generator of renewable energy has proposed the development of a green hydrogen facility at Hunterston, the former coal terminal in Ayrshire. Clydeport –...

Port of Bilbao wraps up busiest month for cruise traffic

May has marked a record month for cruise activity at the Port of Bilbao’s terminal in Getxo, with 18 cruise ship calls bringing over...

Tripoli port shutdown sparks maritime crisis in Libya

Libya’s shipping sector is teetering on the edge of collapse as fresh waves of political violence erupt in Tripoli, crippling key port operations and...

Klaipėda port embarks on green hydrogen initiative

Klaipėda Port launched its green hydrogen initiative, positioning itself as the first in Lithuania and the broader Baltic region to produce and supply green...
error: Content is protected !!