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

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

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

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

Next Story
Real Estate

Birla Estates Tops Global GRESB 2025 Rankings

Birla Estates (BEPL), a wholly owned subsidiary of Aditya Birla Real Estate (formerly Century Textiles and Industries Limited), has been recognised as a Sector Leader in the 2025 GRESB Real Estate Assessment, securing top honours across multiple global and regional categories.Birla Estates’ Achievements in GRESB 2025:Global Sector Leader – ResidentialGlobal Sector Leader – Non-Listed ResidentialRegional Sector Leader – Asia – ResidentialRegional Sector Leader – Non-Listed – Asia – ResidentialThese distinctions reaffirm Birla Estates’ exceptional performance in Environmental, ..

Next Story
Infrastructure Transport

Progota India Secures RDSO Clearance for Kavach 4.0

Concord Control Systems, one of India’s leading manufacturers of embedded electronic and critical system solutions, announced that its associate company, Progota India, has received Technical Prototype Clearance from the Research Designs and Standards Organisation (RDSO) for Kavach 4.0, the latest version of Indian Railways’ indigenous Automatic Train Protection (ATP) system.With this clearance, Progota has been formally approved to execute its ongoing trial order from South Central Railway, marking a key milestone in India’s railway modernization journey. The approval also establishes P..

Next Story
Infrastructure Urban

MPS Interactive Systems Completes Full Acquisition of Liberate Group

MPS Interactive Systems (MPSi), a material subsidiary of MPS, has completed the acquisition of the remaining shareholding in the Liberate Group of Companies—comprising Liberate Learning, App-eLearn, and Liberate eLearning.With this transaction, MPSi now holds 100 per cent ownership of all entities within the Liberate Group, making them its wholly owned subsidiaries. The acquisition was executed in line with the valuation methodology defined in the original transaction documents.Commenting on the development, Rahul Arora, Chairman and CEO of MPS, said, “The corporate learning sector continu..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?