1. DP World’s Nhava Sheva handles record 20 mn TEU since launch

DP World’s Nhava Sheva handles record 20 mn TEU since launch

DP World operated Nhava Sheva International Container Terminal (NSICT) today said it has set a new industry benchmark by handling a record 20 million TEU (twenty foot equivalent unit) since its opening in 1997.

By: | New Delhi | Published: August 31, 2016 9:00 PM
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. (Reuters) 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. (Reuters)

DP World operated Nhava Sheva International Container Terminal (NSICT) today said it has set a new industry benchmark by handling a record 20 million TEU (twenty foot equivalent unit) since its opening in 1997.

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.
DP World Subcontinent Senior Vice President and Managing Director, Anil Singh said: “At DP World, we seek to provide value in everything we do for customers, business partners and shareholders.

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.”

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 USD one billion over the next few years, the company said. The Group has already invested USD 1.2 billion and is currently the only foreign operator with six port concessions in the country.

“DP World investments could cover expansion in brownfield container terminals; long-term greenfield container concessions; Inland Container Depots (ICDs), expansion of existing inter-modal rail services for rolling stock and other logistics solutions to facilitate trade,” the company said.

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