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December 10, 2023

APM Terminals Mumbai to invest $115 million in infrastructure development

By Priti Naik

The APM Terminals Mumbai, also known as Gateway Terminals India (GTI) will be investing $115 million in infrastructure development. This investment is aimed for increasing the container handling capacity by 10% to 2.18 million TEUs. GTI will be investing in six ship-to-shore (StS) cranes and three rail mounted gantry (RMG) cranes and three rail mounted gantry (RMG) cranes to accommodate customer needs for larger vessel capability.

According to Girish Aggarwal, COO of GTI, the move is a step forward in supporting the government’s initiative to improve “Ease of Doing Business”. The investment will allow GTI to cater to the larger vessels safely and efficiently at our terminal. And this in turn will assist the customers to drive operational efficiency towards the Indian trade.

APM Terminals Mumbai, the highest volume handling terminal in India, is a joint venture between APM Terminals and domestic rail operator Container Corporation of India (Concor) operating at Nhava Sheva. In addition to India, APM Terminals is also investing in Nigeria’s largest container terminal. According to recent reports, APM Terminals Apapa has invested $438 million to upgrade its facility with modern cargo handling equipment since it won the concession of the terminal in 2006.

At the beginning of the year, the Netherlands-based terminal operator decided to bring forward its net-zero greenhouse gas (GHG) emission target to 2040, a decade ahead of its initial 2050 ambition.

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