APM Terminals Mumbai Sets New Record
- Business & Finance
APM Terminals Mumbai established a new record for Indian ports by handling a total of 2.01 million TEUs during the Fiscal Year of 2014-15, representing the period between April 1, 2014 to March 31, 2015.
APM Terminals Mumbai is one of three terminals currently operating at Jawaharlal Nehru Port (JNP), India’s largest container port, accounting for 45% of JNP’s throughput, and approximately 20% of India’s total container traffic.
Larger vessels of the 9,000 TEU capacity class have begun calling APM Terminals Mumbai since 2013. The deepening of the Mumbai harbor channel in 2014 combined with an increase in the vessel size and container volumes are contributing factors to the growth.
The increase, however, is straining the existing Indian port infrastructure, which must also deal with regulatory issues which have held back further infrastructure investment.
As part of its continuing efforts to provide a safe working environment to all stakeholders, APM Terminals Mumbai is now in the final stages of completing a container weighing project that will help to assure accurate weight declarations for loaded containers.
APM Terminals Mumbai, is part of the APM Terminals Global Terminal Network, and is a joint venture between APM Terminals and the Container Corporation of India (CONCOR-A Government of India undertaking).