With this investment, the container handling capacity of GTI will increase by 10 per cent to 2.18 million TEUs, APM Terminals said in a media release.
Explaining the rationale behind the investment, Girish Aggarwal, COO, GTI, said: “The investment will allow us to cater to the larger vessels safely and efficiently at our terminal. This in turn will assist our customers to drive operational efficiency towards the Indian trade.
“The terminal’s initiative is a step forward in supporting government’s initiative to improve ‘Ease of Doing Business.”
GTI is a joint venture between APM Terminals and domestic rail operator Container Corporation of India (Concor) operating at Nhava Sheva. The terminal includes a berth line of 2,336 feet, 128 acres of yard space, and modern service equipment — including 10 twin-lifting quay cranes, 40 rubber-tire gantry cranes, and three rail-mounted quay cranes.
ALCHEMPro News Desk (KD)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!