CMA CGM, Adani Team Up on Mundra Ports’ New Terminal

Image Courtesy: CMA CGM

CMA Terminals (CMAT), a part of French shipping giant CMA CGM, and India’s port developer Adani Ports and Special Economic Zone Limited (APSEZ) have signed an agreement to jointly operate container terminal 4 at Mundra Port for 15 years.

In July 2014, APSEZ and CMAT signed a Joint Venture agreement and have now operationalised the new container terminal named Adani CMA Mundra Terminal Private Limited (ACMTPL). The parties informed that the deal has an option to be extended twice for 10 more years.

The partners have completed the CT4 project three months ahead of schedule making Mundra Port the largest container-handling port in the country. The port was already the country’s number one multi-purpose port facility.

As the only container terminal on the west coast of India where the world’s largest container ships can call, CT4 has four units of 65 tonnes capacity of rail mounted quay cranes capable of handling 18,000 TEU vessels and super post and ultra large container vessels (ULCV) and an annual capacity of 1.3 million TEUs, CMA CGM informed.

“This is a notable milestone for us, as with the commissioning of this terminal, Mundra port will become India’s largest container-handling port. This strategic partnership with CMA CGM in the Container Terminals business brings significant value to Mundra port,” Karan Adani, CEO, APSEZ, said.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 2018 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

Singapore Maritime Technology Conference and Exhibition (SMTC) 2018

The 3rd Singapore Maritime Technology Conference and Exhibition (SMTC) 2018 is organized by the Maritime and Port Authority of Singapore…

read more >

Singapore Maritime Week 2018

Singapore Maritime Week (SMW), organised annually by Maritime and Port Authority of Singapore (MPA) and attracts…

read more >

8th Dredging & Land Reclamation World Summit 2018

The 8th Dredging and Land Reclamation Summit 2018 will gather the decision makers from Authorities and Operators responsible for ports…

read more >

Shipping 360

This course is ideal for those who have recently joined the maritime sector and those who need to have a better understanding…

read more >