The Port Pipavav, which is operated by APM Terminals is in the state of Gujarat with access to important shipping lines and markets in northwest India. The port is a public-private partnership with a 43.01 per cent stake of APM Terminals. Currently the port has the container capacity of 1.35 million Twenty-foot Equivalent Units (TEUs), 5 million tonnes of dry cargo capacity and 2 million tonnes of liquid cargo capacity. The company had a standalone total income of Rs 747.22 crore (US$ 106.91 million) in FY19 and reached Rs 612.52 crore (US$ 87.64 million) in 9MFY20.
APM Terminals – Lifting Global Trade
APM terminals Mumbai handled more than 2 million TEUs (Twenty-Foot Equivalent Units)
Weekly scheduled block train from port pipavav started by CMA CGM.
|2018||Hosted longest container vessel “Adrian Maersk”|
|2016||Container handling capacity of 1.35 million Twenty-foot Equivalent Units (TEUs)|
|2015||Start of Roll-on/roll-off operations|
|2014||Start of liquid operations|
|2010||Successful Initial Public Offer (IPO)|
|2001||A 12.5 per cent stake acquired by APM Terminals|
|2000||APM Terminals increases stake to 54 per cent|
|1998||Construction completed at the port|
|1992||Government of Gujarat decided to develop Port Pipavav on a Public Private Partnership Model|
Updated: May, 2019