Adani Ports and Special Economic Zone Ltd.

Adani Ports & Special Economic Zone (APSEZ), India’s largest port developer, has signed an agreement with France’s CMA CGM Group to develop a new common user Container Terminal at Mundra Port. This will be the 4th Container Terminal in Mundra and will be a 650 meters terminal along with 27 hectares of back area capable of handling 1.3 million TEUs annually.

Following this announcement, the construction phase will be initiated immediately and completion will be in a record 24 months. The project comprises of design and construction of 650 meters jetty with a water depth of 16.5 meters. This 50:50 JV partnership is yet another major step by APSEZ to continue to rapidly expand its container terminals footprint across India’s coastline.

This world class terminal will initially have four units of 65 tonne capacity of Rail Mounted Quay Cranes capable of handling 18,000 TEU vessels and Super Post and Ultra Large Container Vessels. These cranes would be by far the largest and first of its kind in India. The yard equipment will include twelve 41 tonne lift rubber tyred container gantry cranes which will accommodate seven rows of containers and one operational lane.

For CMA CGM, Mundra Container Terminal is the Group’s first port investment in India. This partnership is expected to significantly benefit both companies in accelerating the ramp up of export, import and transshipment container volumes in India.