APM Terminals Signals USD 2 Billion Investment in Gujarat; Maersk Flags Vessels Under Indian Register
A.P. Moller – Maersk, a global integrated logistics company, announced a series of strategic initiatives during India Maritime Week 2025 that significantly reinforce its long-term commitment to India’s maritime sector. The plans focus on expanding the company’s operational footprint through port infrastructure investment, vessel reflagging, and enhanced local partnerships across the maritime value chain.
Massive Infrastructure Investment at Pipavav Port
APM Terminals Pipavav (Gujarat Pipavav Port Limited), part of the A.P. Moller – Maersk Group, signed a Memorandum of Understanding (MoU) with the Gujarat Maritime Board outlining a proposed expansion with an investment scope of USD 2 billion (approximately ₹17,000 crore).
Subject to finalising a long-term concession agreement with Indian authorities, this investment will:
- Enhance Capacity: Significantly increase the port’s overall capacity and capabilities.
- Modernise Infrastructure: Install state-of-the-art infrastructure for container and liquid cargo handling.
- Strengthen Connectivity: Improve multimodal connectivity with the Dedicated Freight Corridor and the national hinterland.
Jon Goldner, Chief Executive of APM Terminals Asia & Middle East, stated, “This investment plan is not just about expanding Pipavav Port, it’s about unlocking new opportunities for Gujarat, for India, and for global trade. Supporting the Hon’ble Prime Minister Shri Modiji’s vision, we are building the capacity, resilience, and sustainability needed to serve India’s economy for decades to come.”
Deepening Ties with India’s Maritime Ecosystem
Maersk is simultaneously deepening its engagement across India’s logistics ecosystem:
- Vessel Flagging: Maersk established a new legal entity, Maersk Bharat IFSC Pvt. Ltd., at GIFT City IFSCA, Gujarat, and flagged two vessels—Maersk Vigo and Maersk Vilnius—under the Indian flag. This move aligns with India’s focus on building domestic tonnage for supply chain resilience.
- Local Partnerships: The company signed multiple MoUs with Indian shipyards to explore opportunities for vessel repair, maintenance, and new-building. These efforts aim to establish capabilities that meet international operational standards and facilitate knowledge transfer and skill development.
- Domestic Manufacturing: Maersk is actively exploring local manufacturing and procurement of seaworthy containers from Indian companies, aiming to establish a robust domestic production roadmap by sharing technical specifications and quality requirements.
- Talent Development: Maersk is partnering with educational institutes to provide world-class onboard training opportunities to maritime cadets and ratings, designed to cultivate a highly competent workforce.
Ahmed Hassan, Head of Asset Strategy at A.P. Moller – Maersk, concluded that these actions demonstrate Maersk’s belief in India’s technical capabilities and constitute an investment in the development of India’s maritime ecosystem.
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