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
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?