APM Terminals Pipavav acquires 3 cranes from China
APM Terminals Pipavav on Monday announced the acquisition of three new cranes from China. The cranes will be commissioned in a phased manner to replace the existing ones at the port. The new cranes will help in carrying out the vessel operations faster; reduce the turnaround time, and increase efficiency and productivity. Keld Pedersen, Managing Director, APM Terminals Pipavav said, “This is in line with our business expansion plan of increasing the capacity to 1.35 TEUs. We wish to continue to be prepared for growth and work closely with our customers in the EXIM trade.” APM Terminals Pipavav (Gujarat Pipavav Port Ltd.) is a part of APM Terminals global terminal network of 62 operating ports, terminal facilities and 135 inland services, employing 20,600 professionals across 58 countries around the world. APM Terminals designs, builds and operates ports and inland services. APM Terminals Pipavav is the first Public Private Partnership (PPP) port in India. It serves as a gateway to the state of Gujarat and the northern hinterlands of India for movement of containers, bulk, liquid and automobiles. Earlier, India had put a ban on installation of Chinese-made cranes at ports following concerns from defence ministry that the cranes could compromise the security of naval ship movement. The order was evoked only in May during the Prime Minister Narendra Modi’s visit to China.
December 14, 2015 | 04:45pm IST
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