APM Terminals Pipavav to set up New Liquid Berth at an investment of US $ 90 million

Pipavav: APM Terminal Pipavav, will set up a new liquid berth at the Port at an investment of around US $ 90 million. Currently, the port has the capacity to handle 2 MMT of liquid bulk. With the new berth, the liquid bulk handling capacity of the port will increase to 5.2 MMT. The setting up of the new berth will be subject to necessary regulatory and other approvals.

Commenting on the new capex plan, Mr Girish Aggarwal, Managing Director- APM Terminals Pipavav said, “This investment strengthens our commitment to provide world-class facilities and services to our customers. This expansion is expected to have a positive impact on the economy of the state of Gujarat by boosting trade and commerce.”

He further added, “As the Dedicated Freight Corridor (DFC) becomes operational and the government emphasizes the use of railways for cargo transportation, APM Terminals Pipavav is well-positioned to solve customers’ needs for sustainable, quicker, and cost-efficient movement of goods from our port.”

APM Terminals Pipavav is one of the few ports in India that has LPG rail siding within the port that can accommodate full train carrying approx. 1200 MT of LPG cargo. DeshGujarat