APM Terminals Pipavav initiates operations for Very Large Gas Carriers
PORTS & SHIPPING

APM Terminals Pipavav initiates operations for Very Large Gas Carriers

In a significant development, APM Terminals Pipavav has officially initiated operations for Very Large Gas Carriers (VLGCS), reinforcing its position in handling LPG imports into India. The vessel, laden with cargo from Ruwais, ADNOC Refinery Jetty, recently discharged a substantial 21,907 MT parcel at the Port Pipavav, serving key entities like Bharat Petroleum EPS Corporation Ltd, Indian Oil Corporation Ltd, and Hindustan Petroleum Corporation Ltd.

This milestone achievement follows the successful maiden berthing of the vessel MT Jag Viraat earlier this month. As India's LPG imports undergo a major transition to Very Large Gas Carriers (VLGC) from Medium Gas Carrier (MGC) ships, the VLGC handling capability at APM Terminals Pipavav assumes pivotal importance. This advancement empowers oil marketing companies to optimise their LPG imports efficiently and securely, ensuring the stability of energy supply across the nation.

With a length of 230 metres, MT Jag Viraat is a VLGC vessel owned by the Great Eastern Shipping Company. Notably, the surge in demand for LPG, driven by Indian households adopting it as a preferred household fuel, underscores the need for such infrastructure enhancements.

Girish Aggarwal, Managing Director at APM Terminals Pipavav, emphasised the manifold benefits of introducing VLGC-compliant berth facilities. "The introduction of the VLGC compliant-berth facility will help us bring in large vessels with larger parcel size to achieve economies of scale," he stated. Additionally, APM Terminals Pipavav's Dedicated Freight Corridor-compliant LPG rakes facilitate the safe distribution of LPG cargo to remote regions through eco-friendly train connectivity.

Aggarwal expressed the company's commitment to India's energy sector growth through continuous investments in infrastructure development. APM Terminals Pipavav had announced plans for a dedicated VLGC-compliant LPG berth in March 2023, with expected readiness by 2025. Collaborating with terminal partner Aegis Vopak Terminal Ltd., the expansion of the LPG Terminal capacity further underscores APM Terminals Pipavav's dedication to advancing India's energy infrastructure.

In a significant development, APM Terminals Pipavav has officially initiated operations for Very Large Gas Carriers (VLGCS), reinforcing its position in handling LPG imports into India. The vessel, laden with cargo from Ruwais, ADNOC Refinery Jetty, recently discharged a substantial 21,907 MT parcel at the Port Pipavav, serving key entities like Bharat Petroleum EPS Corporation Ltd, Indian Oil Corporation Ltd, and Hindustan Petroleum Corporation Ltd.This milestone achievement follows the successful maiden berthing of the vessel MT Jag Viraat earlier this month. As India's LPG imports undergo a major transition to Very Large Gas Carriers (VLGC) from Medium Gas Carrier (MGC) ships, the VLGC handling capability at APM Terminals Pipavav assumes pivotal importance. This advancement empowers oil marketing companies to optimise their LPG imports efficiently and securely, ensuring the stability of energy supply across the nation.With a length of 230 metres, MT Jag Viraat is a VLGC vessel owned by the Great Eastern Shipping Company. Notably, the surge in demand for LPG, driven by Indian households adopting it as a preferred household fuel, underscores the need for such infrastructure enhancements.Girish Aggarwal, Managing Director at APM Terminals Pipavav, emphasised the manifold benefits of introducing VLGC-compliant berth facilities. The introduction of the VLGC compliant-berth facility will help us bring in large vessels with larger parcel size to achieve economies of scale, he stated. Additionally, APM Terminals Pipavav's Dedicated Freight Corridor-compliant LPG rakes facilitate the safe distribution of LPG cargo to remote regions through eco-friendly train connectivity.Aggarwal expressed the company's commitment to India's energy sector growth through continuous investments in infrastructure development. APM Terminals Pipavav had announced plans for a dedicated VLGC-compliant LPG berth in March 2023, with expected readiness by 2025. Collaborating with terminal partner Aegis Vopak Terminal Ltd., the expansion of the LPG Terminal capacity further underscores APM Terminals Pipavav's dedication to advancing India's energy infrastructure.

Next Story
Infrastructure Urban

Budget 2025: Key Highlights

On February 1, 2025, Finance Minister Nirmala Sitharaman presented the Union Budget for the financial year 2025-26 in Parliament. This marks the eighth budget by Sitharaman, making her the first finance minister in India’s history to present so many budgets. It is also the first budget of Prime Minister Narendra Modi’s third term.Sitharaman emphasised that the budget focuses on driving growth towards a “Viksit Bharat” (Developed India), with the country maintaining its position as the fastest-growing major economy. She outlined the government’s commitment to inclusive development, im..

Next Story
Infrastructure Urban

Budget 2025-26: Industry reactions

Union Finance Minister, Nirmala Sitharaman announced Budget 2025-26 today. The government has planned a number of strategic initiatives which will drive inclusive growth, boost economic growth and provide an impetus to to India’s competitive edge on the global stage.Here’s what industry has to say about various announcements and initiatives announced in the budget:Real Estate“The Union Budget 2025 is a game-changer, reinforcing India's commitment to inclusive and sustainable urban growth. The SWAMIH Fund 2 with Rs 15,000 crore will accelerate the completion of stalled housing projects, b..

Next Story
Infrastructure Urban

Budget 2025: Key Announcements Impacting Real Estate

Key takeaways for the real estate sector include:• Income tax relief for the middle class: The finance minister announced zero income tax for individuals earning up to Rs 12 lakh annually, providing a major consumption boost. This move is also expected to strengthen demand for affordable housing. Additionally, the new income tax bill will retain nearly 50 per cent of existing provisions while introducing personal tax reforms and rationalising TDS and TCS regimes by streamlining rates and thresholds.• Tax benefits for residential property investors: Investors can now claim nil valuation for..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000