India: JNPT, DP World to Build New Container Terminal in Navi Mumbai
Jawaharlal Nehru Port Trust and Dubai-based DP World inked an agreement for development of the new container terminal in Navi Mumbai.
Regarding this contract, N.N. Kumar, JNPT Chairman, stated: “JNPT has signed a concession agreement with Nhava Sheva Gateway Terminal, a subsidiary of DP World of Dubai, for the development of standalone container handling facility at JN Port, Navi Mumbai, Maharashtra.”
This capital development project will include construction of a new 330 metre berth with 27 hectares of yard that will add 8,00,000 TEUs of container capacity and help ease the congestion at JNPT, reports thehindubusinessline.com.
“With a 17-year concession period, we are investing for the long-term and we look forward to continuing to work with JNPT in the future,” Sultan Ahmed Bin Sulayem, Chairman of DP World, said.
Dredging Today Staff, June 19, 2013