APM Terminals to partner with Wan Hai Lines for container terminal bid

24 Sep 2021 CW Team

Last month, JNPT sought bids to privatise the container terminal, which is self-operated by the state's port authority.

Adani Ports and Special Economic Zone Limited (APSEZ) is partnering with Terminal Investment Limited to bid for the container terminal project.

CMA Terminal Holding Limited, the world's third-largest container shipping firm, plans to participate in the container terminal project, which is designed to handle 1.8 million twenty-foot equivalent units (TEUs) per year.

According to a shipping industry executive, APM Terminals has an opportunity in partnership with Wan Hai Lines, a carrier dominant in the Nhava Sheva region where JNPT is situated.

AP Moller-Maersk, a shipping major, also runs Maersk Line, the world's biggest container carrier, whose support can be counted upon by APM Terminals.

According to a shipping industry executive, Wan Hai Lines, ranked among the top ten container carriers, will provide APM Terminals with an extra offer on the bid.

Gateway Terminals India Private Limited, which is 74% owned by APM Terminals, runs five container terminals at JNPT. In FY21, the Container Corporation of India, which has 26% stakes, handled 1.668 million TEUs.

APM Terminals will not participate with the Container Corporation of India because the government is lining up the state-run rail haulier for privatisation.

According to industry experts, the clear vision of the volumes will provide potential bidders with the raise to quote competitive royalty per TEU, which will be the basis for deciding the successful bidder.

Image Source

Also read: Dwarf container train services launched from JNPT

Also read: Visakhapatnam Port Trust to ramp up cargo handling capacity

APM Terminals Management B V is ready to partner with Wan Hai Lines Limited to bid for a container terminal tender floated by Jawaharlal Nehru Port Trust (JNPT) as a potential bidder to secure volumes. Last month, JNPT sought bids to privatise the container terminal, which is self-operated by the state's port authority. Adani Ports and Special Economic Zone Limited (APSEZ) is partnering with Terminal Investment Limited to bid for the container terminal project. CMA Terminal Holding Limited, the world's third-largest container shipping firm, plans to participate in the container terminal project, which is designed to handle 1.8 million twenty-foot equivalent units (TEUs) per year. According to a shipping industry executive, APM Terminals has an opportunity in partnership with Wan Hai Lines, a carrier dominant in the Nhava Sheva region where JNPT is situated. AP Moller-Maersk, a shipping major, also runs Maersk Line, the world's biggest container carrier, whose support can be counted upon by APM Terminals. According to a shipping industry executive, Wan Hai Lines, ranked among the top ten container carriers, will provide APM Terminals with an extra offer on the bid. Gateway Terminals India Private Limited, which is 74% owned by APM Terminals, runs five container terminals at JNPT. In FY21, the Container Corporation of India, which has 26% stakes, handled 1.668 million TEUs. APM Terminals will not participate with the Container Corporation of India because the government is lining up the state-run rail haulier for privatisation. According to industry experts, the clear vision of the volumes will provide potential bidders with the raise to quote competitive royalty per TEU, which will be the basis for deciding the successful bidder. Image Source Also read: Dwarf container train services launched from JNPT Also read: Visakhapatnam Port Trust to ramp up cargo handling capacity

Infrastructure Energy

10 Mar 2025

KPCL to Establish Solar Projects at Thermal Power Stations in Karnataka

In line with the Energy Department’s initiative to boost renewable energy capacity, Karnataka Power Corporation Limited (KPCL) will install ground-mounted solar power projects across three of its thermal power stations in the state. The 100.1 MW projects will be located at Ballari Thermal Power Station (BTPS), Yermarus Thermal Power Station (YTPS), and Raichur Thermal Power Station (RTPS), with an estimated cost of ?411.4 crore. The project will be overseen by Tehri Hydro Development Corporation (THDC), a public-sector enterprise under National Thermal Power Corporation Limited, which has a..

Infrastructure Transport

10 Mar 2025

Nitin Gadkari Emphasises Urgent Need for Enhanced Road Safety Measures

Union Minister for Road Transport and Highways, Nitin Gadkari, stressed the immediate need for improved road safety measures and urged the road construction sector to adopt new technologies and sustainable construction materials. Speaking at the two-day Global Road Infratech Summit & Expo (GRIS) in New Delhi, with the theme "Vision Zero: Sustainable Infratech and Policy for Safer Roads," Shri Gadkari pointed out that a significant number of road accidents in India occur due to inadequate civil engineering practices in road design, construction, and management, as well as poor road signage and ..

Infrastructure Transport

10 Mar 2025

BBMP Extends Deadline for KR Puram-Nayandahalli Tunnel DPR

Following a failed attempt at securing a consultancy firm for the Detailed Project Report (DPR) of the Hebbal-Silkboard vehicular tunnel in Bengaluru, the Bruhat Bengaluru Mahanagara Palike (BBMP) is now seeking firms to prepare the DPR for the 28 km double-decker tunnel connecting KR Puram and Nayandahalli. The BBMP extended the deadline for bid submissions to March 11 after receiving no responses initially. The BBMP had first invited tenders for the tunnel project on January 25 but faced no interest from consultancy firms. A second call for bids was made on February 15. The BBMP had also pr..

APM Terminals to partner with Wan Hai Lines for container terminal bid

KPCL to Establish Solar Projects at Thermal Power Stations in Karnataka

Nitin Gadkari Emphasises Urgent Need for Enhanced Road Safety Measures

BBMP Extends Deadline for KR Puram-Nayandahalli Tunnel DPR

Latest Updates

Advertisement

Recommended for you

Advertisement

Subscribe to Our Newsletter

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Modal Heading

First Name *

Last Name *

Industry *

Email Address *

Mobile Number *

Password *

Confirm Password *

Subscribe to our Newsletter

Email Address *

Password *

Please enter the details

Email Address

Modal Heading

First Name *

Last Name *

Industry *

Email Address *

Mobile Number *

Password *

Confirm Password *

Subscribe to our Newsletter

Email Address *

Password *

Please enter the details

Email Address