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Sat May 25 2024

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India awards $200m port contract

2 Nov 12 DP World has been appointed by the Indian government’s Jawaharlal Nehru Port Trust to build and operate a new facility in Mumbai.

DP World will be investing approximately US$200m (£124m) to build a container terminal with a 330m quay length and 17ha of yard with an annual handling capacity of 800,000 TEUs (twenty foot equivalent container units) and a draft of 13.5m. The new quay has been awarded for a 17-year concession period and will be equipped with 4 rail mounted quay cranes and 12 rubber tyred gantry cranes.

Anil Singh, senior vice president and managing director, DP World Subcontinent said: “We are extremely pleased to receive the award for the 330m project. Timely capacity on the west coast of India is critical to our country’s economic growth. JNPT is India’s largest trade gateway and additional port capacity will ease the congestion concerns of the shipping community. We look forward to working with Jawarharlal Nehru port on the project to continue to service India’s trade as the premier gateway.”

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