DP World to build US$200 million Mumbai's Nhava Sheva terminal

DUBAI-based DP World Limited announced that it has been chosen by Jawaharlal Nehru PortTrust to build and operate a single berth facility alongside its existing terminal operation at Nhava Sheva, Mumbai.

The new facility is expected to be operational in 2015 and DP World said it will be investing US$200 million to build a container terminal of 330 metres quay length and 17 hectares of yard, which will have an annual handling capacity of 800,000 TEU and a draft of 13.5 metres.

The new quay has been awarded for a 17 year concession period and will be equipped with four rail mounted quay cranes and 12 rubber tyre gantry cranes, according to Dubai's Khaleej Times.

"We thank the Government of India and the Jawaharlal Nehru Port Trust for awarding us this project. India is one of our most important markets and we are committed to supporting its growth over the long term," said DP World CEO Mohammed Sharaf.

"We currently operate five Indian terminals - Chennai, Mundra, Nhava Sheva, Visakhapatnam, Cochin - and our Asia Pacific and Indian subcontinent region was the main driver of our volume growth in the first six months of 2012, reporting a 12.1 per cent increase in volume to 13.3 million TEU," said Mr Sharaf.

Said DP World regional chief Anil Singh: "Timely capacity on the west coast of India is critical to our country's economic growth. JNPT is India's largest trade gateway and additional port capacity will ease congestion concerns."