Independent journal on economy and transport policy
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CMA CGM and Adani will realize a fourth container terminal in the port of Mundra
It will be able to receive portacontainer super-Post and Ultra Large and will have an ability to traffic of 1,3 million teu
July 4, 2014
The French shipowning group CMA CGM, through the society integrally controlled CMA Terminals, and the Adani Ports and Special Economic Zones (APSEZ) of the Indian group Adani have undersigned an agreement in order to realize a new container terminal in the port of Mundra.
The system, that it will be the fourth terminal for containers of the Indian port, will cover an area of 27 hectares of areas, will have a dock of 650 linear meters with depth of the backdrop of -16,5 meters and will have an ability to annual handling pairs to 1,3 million teu that it will carry the total ability to traffic of the Indian port to 5,5 million teu. The project will be realized through specific joint venture 50:50 constituted by the two partner.
The work will begin immediately and will be completed in 24 months. The terminal will be equipped of four cranes of dock of the unitary ability to 65 tons in a position to operating on ships from 18.000 teu, that largest they will be used in India, and the terminal will be able to receive portacontainer super-Post and Ultra Large.
"We - the councilman of CMA CGM, Farid T. Salem has commented - believe in the development of India and its economy. With this investment CMA CGM and Adani Ports they will realize an excellence infrastructure that will play a role of first floor in the development of the industry of the nation. CMA CGM - it has emphasized Salem - has remarkable ambitions in India, where we have already a strong presence through ours 24 offices and ours eight directed marine services. We are convinced that our collaboration with Adani Ports will strengthen remarkablly this strategy".
"The strategic value of a partnership of this type with a total operating head physician as CMA CGM - it has declared the chairman of the Adani group, Gautam Adani - is absolutely important and opens a series of new opportunities and synergies for both the companies. This new container terminal will be a structure of absolute world-wide value that will stimulate the increase of the traffics for the benefit of our customers and will accelerate the industrial development of the immense one hinterland to which Mundra it offers approached. This will make of Mundra the greatest port container of the nation".
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The French shipowning group CMA CGM, through the society integrally controlled CMA Terminals, and the Adani Ports and Special Economic Zones (APSEZ) of the Indian group Adani have undersigned an agreement in order to realize a new container terminal in the port of Mundra.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
