APM Terminals hosted Indian Shipping Minister Milind Murli Deora while he was in The Netherlands July 23rd on an official government visit. The Minister and a delegation including the Shipping Ministry Joint Secretary Shri N. Muruganandam, India’s Deputy Chief of Mission to the Netherlands R.K. Singh, and Chairman and Managing Director of the Shipping Corporation of India (SCI) Mr. B.K. Mandal were invited to attend a presentation at the new APM Terminals company headquarters building.
The group was welcomed to the company offices by APM Terminals CEO of the Asia-Pacific Region, Henrik Lundgaard Pedersen, who provided a brief overview on the company’s activities in India to the delegation. The group also met with the Dutch Ministry of Inland Waterways and traveled to the Port of Rotterdam for meeting with senior port officials and was given a tour of the new APM Terminals Maasvlakte II site. APM Terminals Europe head Ben Vree provided background on the latest developments in terminal and construction at the state-of-the art facility scheduled to open in November 2014. The Indian government has announced plans to invest $60 billion in port infrastructure by 2020 to address current congestion and capacity issues.
“India is a very major market for us, and is playing an increasingly important role in global trade, and so we are very glad for the opportunity to meet with Minister Deora and share our views on infrastructure investment and development in high-growth emerging markets” said Mr. Pedersen.
APM Terminals currently operates two port facilities in India, including APM Terminals Mumbai, the nation’s busiest container terminal, and APM Terminals Pipavav, the country’s first privatized port, and one of the fastest-growing ports in India. APM Terminals India Pvt. Ltd. also operates Inland Services facilities in eight locations, as well as Star Track Terminals Pvt. Ltd. as a joint venture with Container Corporation of India (CONCOR).
APM Terminals Mumbai, India’s busiest container terminal with 1.96 million TEUs handled in 2012, representing 20% of India’s total container throughput, was recently cited in a terminal productivity study by the JOC Group as ranking 6th globally overall, and 1st among terminals working vessels of less than 8,000 TEU capacity, with berth productivity of 101 moves per hour.
“We recognize the great potential in India and we are committed to investing in the infrastructure and Inland Services which will enable India’s remarkable economic growth to proceed” said Mr. Pedersen.
Total Indian container throughput in 2012 was approximately 10 million TEUs.
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