APM Terminals Mumbai is a Joint Venture company of APM Terminals and the Container Corporation of India (CONCOR) in a 74% and 26% partnership, respectively. APM Terminals Mumbai (Registered as Gateway Terminals India Private Limited) has signed a license agreement with Jawaharlal Nehru Port Trust (JNPT) to build and operate for the next 30 years a state of the art common user container terminal at Nhava Sheva region off-Mumbai.
The Jawaharlal Nehru Port (JNPT) has been a primary gateway for the movement of containerized trade from India and has been ranked 31st among global ports (Source: Container Management, 2013). JNPT operated two container terminals and one bulk terminal, but due to the exponential growth of containerized cargo the port trust decided to redevelop the bulk terminal into a container terminal. Previously the bulk terminal consisted of two mechanized berths of 500 meters & 212 meters of quay length designed for handling dry bulk cargo in vessels up to 70,000 DWT.
The consortium of APM Terminals and CONCOR won the competitive bid for the terminal and a joint venture company APM Terminals Mumbai was incorporated by the consortium to build and operate a container terminal for a period of 30 years on Build-Operate-Transfer (BOT) basis.
APM Terminals, having etched itself as a recognized world leader in Global Port, Terminal and Inland Services Network, offers the international shipping industry the world’s only true Global Terminal Presence in 63 ports and terminals and 154 Inland Services locations. Established as an independent company within the A.P. Moller - Maersk Group of Denmark in 2001, APM Terminals, comprises of a 24,000 worldwide team in 63 countries, with headquarters in The Hague, The Netherlands. APM Terminals is dedicated to redefining the terminal operations industry through innovation, new standards of customer service, efficiency and productivity. Currently, APM Terminals provides exemplary service to over 60 Shipping Lines with an impressive count of 34 million TEU per annum. To know more, visit www.apmterminals.com
Container Corporation of India Ltd. (CONCOR) was incorporated in March 1988 under the Companies Act, and commenced operation from November 1989 taking over the existing network of 60 ICDs from the Indian Railways. From its humble beginning, it is now an undisputed market leader having the largest network of 60 ICDs / CFSs in India. In addition to providing the largest containerized freight facilities in the country, it has also expanded to cover management of Ports, Air Cargo complexes and establishing cold-chain. As a multi modal logistics provider, it offers facilities like warehousing, repair and transportation. CONCOR is committed to providing responsive, cost effective, efficient and reliable logistics solution to its customers. To know more, visit www.concorindia.com