Ports and Terminals

CMA CGM and Adani Ports Ink Deal to Run New Container Terminal

CMA CGM and Adani Ports Ink Deal to Run New Container Terminal
Danny Gill

CMA CGM and Adani Ports, alongside Special Economic Zone (APSEZ), a port infrastructure developer and part of the Adani Group, have signed a joint venture agreement to operate a new container terminal (CT4) at Mundra Port, for the next 15 years with an option to extend it twice for 10 more years.

“We have been present in India for over three decades now and employ 4,000 people. This joint-venture with Adani Ports reinforces our position in one of the world’s fastest growing economies and highlights our firm belief in the potential growth of trade between India and the rest of the world,” said Rodolphe Saadé, CMA CGM’s Chief Executive Officer.

Mr. Karan Adani, CEO, APSEZ,  said, “This is a notable milestone for us, as with the commissioning of this terminal, Mundra port will become India’s largest container-handling port. This strategic partnership with CMA CGM in the Container Terminals business brings significant value to Mundra port. With this new development, Mundra port is perfectly primed to set the bar even higher on the crucial parameters of efficiency, productivity and faster turnaround times for larger vessels, which will directly translate into competitive advantages for our customers. Mundra port continues to be conscious of its environmental responsibilities and has installed world class equipment, which vastly reduces air and noise pollution.”

The two partners have completed the CT4 project three months ahead of schedule making Mundra Port the largest container-handling port in the country. The port was already the country’s number one multi-purpose port facility. CT4 will be the only container terminal on the west coast of India where the world’s largest container ships can call. CT4 has four units of 65 tonnes capacity of Rail Mounted Quay Cranes capable of handling 18,000 TEU vessels and Super Post and Ultra Large Container Vessels and an annual capacity of 1.3 million TEUs.

For breaking news sent to your LINE application, click on the button below to add us on LINE at @logisticsmanager (also include the ‘@’ symbol)

เพิ่มเพื่อน

Ports and Terminals
Danny Gill

Danny is currently a Contributing Writer for Airfreight Logistics and Logistics Manager (LM) and is quite the foodie. He’s always on the hunt for new and exciting dishes to sample, and is never one to back down from a spicy challenge. His travels have taken him around the world, and he’s been able to experience many different cultures (and food).

More in Ports and Terminals

Port of New Orleans add Plug-In Hybrid Pickup Trucks to their EV Fleet

Port of New Orleans add Plug-In Hybrid Pickup Trucks to their EV Fleet

Logistics ManagerJune 20, 2019

Port of Rotterdam Strengthens Position with Continued Growth and Digitization Efforts

Danny GillJune 5, 2019
Rotterdam Food Hub Project Unveiled by Port of Rotterdam Authority

Rotterdam Food Hub Project Unveiled by Port of Rotterdam Authority

Logistics ManagerMay 3, 2019
APM Terminals Launches The Gothenburg Gateway

APM Terminals Launches The Gothenburg Gateway

Danny GillApril 18, 2019
PSA Appoint Peter Voser New Group Chairman as Fock Siew Wah Assumes New Role

PSA Appoint Peter Voser New Group Chairman as Fock Siew Wah Assumes New Role

Logistics ManagerApril 2, 2019
Port of Tema Expansion to be Completed for Inauguration in June

Port of Tema Expansion to be Completed for Inauguration in June

Logistics ManagerMarch 11, 2019
First Kia Telluride Crosses Docks of Georgia's Port of Brunswick

First Kia Telluride Crosses Docks of Georgia’s Port of Brunswick

Danny GillFebruary 27, 2019
MSC Invests in the Lousado Terminal in Portugal

MSC Invests in the Lousado Rail Terminal in Portugal

Logistics ManagerFebruary 13, 2019
The Port of New Orleans Breaks Container Record

The Port of New Orleans Breaks Container Record

Logistics ManagerJanuary 28, 2019
LM is the leading source of logistics and cargo news within ASEAN and is regarded as one of the most authoritative sources of information. Our subscribers keep up to date with the latest logistics news, views, features and events within ASEAN and beyond.
AFL Real Logo

Airfreight Logistics is the air cargo professional’s number one provider of news and information in ASEAN and around the World. To keep abreast of all the latest news and for in-depth features visit our website www.airfreight-logistics.com

UpMedio

Subscribe to our newsletter!

© 2015 Logistics Manager | About Us | Advertise | Subscribe | Contact | thai Thai Version