APM Terminals Mumbai to invest $115 mn to increase container handling capacity
February 14, 2022: APM Terminals Mumbai, also known as Gateway Terminals India (GTI), will invest $115 million in infrastructure development to increase the container handling capacity by 10 percent to 2.18 million TEUs.
"The company is investing in Ship-to-Shore (StS) cranes and Rail Mounted Gantry (RMG) cranes. The investment is aimed at enabling GTI to accommodate changing customer needs for larger vessel capability," according to an official statement.
“The investment will allow us to cater to the larger vessels safely and efficiently at our terminal," says Girish Aggarwal, COO, GTI. "This, in turn, will assist our customers drive operational efficiency towards the Indian trade.”
The terminal’s initiative is a step forward in supporting the central government’s initiative to improve Ease of Doing Business, Aggarwal added.
GTI is a joint venture between APM Terminals and domestic rail operator Container Corporation of India (Concor) operating at Nhava Sheva. The terminal includes a berth line of 2,336 feet, 128 acres of yard space, and modern service equipment including 10 twin-lifting quay cranes, 40 rubber-tire gantry cranes, and three rail-mounted quay cranes.