DP World Wins Indian Container Terminal Contract

Press Release
Monday, November 05, 2012

New investment will add 800,000 TEU container capacity & help ease congestion in Port of Mumbai, India.

DP World Limited has received a Letter of Award from Jawaharlal Nehru Port Trust, Government of India, to build and operate a single berth facility of 330 metres quay length alongside its existing terminal operation at Nhava Sheva, Mumbai.

The new facility is expected to be operational in 2015. DP World will be investing approximately $200m to build a container terminal of 330 metres quay length and 17 hectares of yard which will have an annual handling capacity of 800,000 TEUs (twenty foot equivalent container units) and draft of 13.5 metres.

The new quay has been awarded for a 17 year concession period and will be equipped with 4 rail mounted quay cranes and 12 rubber tyred gantry cranes.

Mohammed Sharaf, Group Chief Executive Officer, DP World said, “We thank the Government of India and the Jawaharlal Nehru Port Trust for awarding us this project. India is one of our most important markets and we are committed to supporting its growth over the long term. We currently operate five Indian terminals (Chennai - Mundra - Nhava Sheva - Visakhapatnam - Cochin), and our Asia Pacific and Indian Subcontinent region was the main driver of our volume growth in the first six months of 2012, reporting a 12.1% increase in volumes to 13.3 million TEU.”
 

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Wärtsilä to Begin Building LNG Terminal in January

Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland.

Polarcus Awarded 3D Project Off West Africa

Polarcus Limited has signed a letter of intent with Perenco Oil & Gas Gabon S.A. for a 3D marine seismic acquisition project offshore West Africa.   The project,

Boskalis, VolkerWessels Win Offshore Wind Farm Work

Royal Boskalis Westminster N.V., in partnership with Volker Stevin International (VolkerWessels), has been awarded a contract by Iberdrola Renewables Offshore Deutschland

Ports

Port Workers in Argentine Grain Hub End Strike

Port workers in part of the Argentine grains hub of Rosario lifted a work stoppage on Friday, only a day after they went on strike over demands for higher year-end bonuses, a union official said.

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Costa Rica Approves APM Terminals Project

Port operator APM Terminals, a unit of Denmark's A.P. Moller-Maersk, said on Friday Costa Rica's environment agency had approved the construction of its Moin Container Terminal project.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Pod Propulsion Ship Electronics Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1077 sec (9 req/sec)