APM Terminals (APMT) Mumbai, commonly known as Gateway Terminals India (GTI), is planning to invest $115m for the development of infrastructure.
This investment will be utilised to enhance container handling capacity, allowing GTI to meet changing customer needs for larger ship capability.
Go deeper with GlobalData
GTI’s container handling capacity will grow by 10%, to 2.18 million twenty foot-equivalent units (TEUs), following the investment.
The funds will be used to buy six ship-to-shore (StS) cranes and three rail-mounted gantry (RMG) cranes.
GTI COO Girish Aggarwal said: “The investment will allow us to cater to the larger vessels safely and efficiently at our terminal. This in turn will assist our customers to drive operational efficiency towards the Indian trade.
See Also:
“The terminal’s initiative is a step forward in supporting government’s initiative to improve ‘Ease of Doing Business’.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataGTI is a joint venture including APMT and domestic rail operator the Container Corporation of India (CONCOR-A Government of India undertaking), which operates at Jawaharlal Nehru Port Trust, located at Nhava Sheva.
The terminal features 128 acres of yard space, a berth line of 2,336ft and modern service equipment, including three rail-mounted quay cranes, ten twin-lifting quay cranes and 40 rubber-tire gantry cranes.
APMT Mumbai comes under the global network of APM Terminals.
Last May, APMT Mumbai completed the deployment of the latest N4 offering from Navis.
