APM Terminals Pipavav, which operates India’s Gujarat Pipavav Port, and APM Terminals Inland Services, part of global port-terminal operator APM Terminals, have signed a sub-lease agreement to build and operate a new container freight station in the port area.
The planned facility would cover a total area of 50,000 square meters (about 538,195 square feet).
“APM Terminals Inland Services has the opportunity to serve a hitherto underserved market and establish its presence at Port Pipavav, while APM Terminals Pipavav can boast of a CFS facility at its doorstep, which will further enhance its increasing volume throughput,” APMT Pipavav said in a statement.
Equipped with more than 10,000 square meters (about 107,639 square feet) of “covered warehouse space” and a full complement of container-handling equipment, such as reach stackers and forklifts, the proposed center would offer an annual capacity of 30,000 20-foot-equivalent units in the initial phase and 50,000 TEUs when fully developed.
“Importers and exporters in and around Pipavav would benefit from the upcoming CFS, with further simplification of procedures and reduction in costs,” the company said.
APMT, which runs the largest container terminal at the Port of Jawaharlal Nehru, has several freight station warehouse facilities in the country. The company in August last year signed an agreement with local firm MIV Logistics to set up a new warehouse center at the Vallarpadam container terminal, a DP World box terminal in the Port of Cochin.
Pipavav, an all-weather, deep-water hub, is India's first port to be developed through public-private-partnership model.