APM Terminals – Gujarat Pipavav Port Ltd
India has plans to invest US$ 82 billion in port projects by 2035.
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% stake of APM Terminals. Currently, the port has a 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’s net profit stood at Rs. 350.54 crore (US$ 40.31 million) in FY24. Revenue from operations for Q3 FY25 stood at Rs. 262.88 crore (US$ 30.21 million).
- All weather port protected by two islands
- Excellent road and rail connectivity
- Storage facilities for containers, reefers, bulk, and liquid cargo
- One of the fastest-growing ports in India
APM Terminals – Lifting Global Trade
| Year | Milestone |
|---|---|
| 2024 |
APM Terminals Pipavav welcomes Vertom Rita, a 'Make in India' milestone in maritime excellence and decarbonisation. This hybrid vessel, powered by fuel and electric energy, cuts fuel consumption by 50% and reduces emissions. Its seawater-to-drinking-water system eliminates plastic use, reinforcing its role in sustainable shipping. On November 27, 2024, APM Terminals Pipavav signed a 25-year Power Purchase Agreement (PPA) with CleanMax to procure 4.56 MW of renewable energy from a hybrid Wind-Solar power project. This initiative aims to support port operations while reducing scope 1 and 2 emissions by 65% by 2030 and achieving net-zero emissions by 2040, reinforcing its sustainability leadership in the port industry. On January 15, 2024, APM Terminals Management B.V.-controlled Gujarat Pipavav Port Ltd pledged Rs 3,320 crores (US$ 399 million) for expanding Pipavav Port, seeking necessary permissions from the Gujarat government amidst indications of a concession extension, signed an MoU for infrastructure development and explored green hydrogen opportunities. On January 12, 2024, APM Terminals signed an MoU with Jawaharlal Nehru Port Authority (JNPA) to develop a new container terminal at the proposed mega port project in Vadhavan, Maharashtra. The project, costing Rs. 76,220 crore (US$ 9.17 billion), will have a capacity to handle 23 million TEUs annually. |
| 2023 |
In October 2023, APM Terminals signed two Memorandums of Understanding (MoU) at the Global Maritime India Summit (GMIS) in Mumbai. In August 2023, Gujarat Pipavav Port Ltd. (APM Terminals Pipavav) achieved 148.62 Port Moves Per Hour [PMPH] and 33.88 Crane Moves Per Hour [CMPH] on Maersk Gironde of FM3 service. In April 2023, APM terminals Pipapav invested Rs. 782.64 crore (US$ 90 million) in a new liquid berth. |
| 2022 |
APM Terminals Mumbai invested Rs. 1,000.04 crore (US$ 115 million) to increase the container handling capacity. |
| 2020 |
APM Terminals Pipavav commenced the integrated container tracking (ICT) system, which will streamline container movements at the port across the logistics value chain |
| 2019 |
APM Terminals Pipavav [Gujarat Pipavav Port Ltd] approved a Rs. 7 billion (US$ 95.09 million) expansion plan. APM terminals in Mumbai handled more than two million TEUs Weekly scheduled block train from port Pipavav started by CMA CGM APM Terminals Pipavav bagged Gujarat State CSR Award |
| 2018 |
Hosted longest container vessel “Adrian Maersk” |
| 2016 |
The container handling capacity of 1.35 million TEUs |
| 2015 |
Started roll-on/roll-off operations |
| 2014 |
Started liquid operations |
| 2010 |
Successful Initial Public Offer (IPO) |
| 2001 |
A 12.5% stake was acquired by APM Terminals |
| 2000 |
APM Terminals increased its stake to 54% |
| 1998 |
Construction completed at the port |
| 1992 |
Government of Gujarat decided to develop Port Pipavav on a Public Private Partnership Model |
Partners
