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DP World's Nhava Sheva handles record 20 million TEU since 1997 launch

DUBAI's DP World operated Nhava Sheva International Container Terminal (NSICT) says it has lifted 20 million TEU since it first opened in 1997, reports Bangalore's Daily Hunt.

As the first private container terminal in India, DP World Nhava Sheva has also handled over 12,500 container vessels during this time serving international trade routes, the company said in a statement.



"At DP World, we seek to provide value in everything we do for customers, business partners and shareholders," said DP World vice president Anil Singh.



"We entered the Indian subcontinent with NSICT 17 years ago and today the terminal has successfully introduced a series of technological innovations that have redefined the way goods are moved and how business gets product to market in our sector," he said.



Mr Singh said the company will continue to focus on the growth of trade in India and look forward to working with partners to further economic development for the nation.



Earlier this year, DP World announced its intention to seek opportunities in India worth over US$1 billion over the next few years, the company said. 



The group has already invested $1.2 billion and is currently the only foreign operator with six port concessions in the country.
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