Independent journal on economy and transport policy
03:06 GMT+2
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Joint venture of CMA CGM and Adani Ports in order to manage the fourth container terminal of the port of Mundra
It has a annual ability to traffic pairs to 1,3 million teu
April 26, 2017
The French shipowning group CMA CGM, through the branch terminalista CMA Terminals, has constituted joint venture with Indiana Adani Ports and Special Economic Zones (APSEZ) in order to manage the fourth container terminal of the Indian port of Mundra for a duration 15-year-old ( on 4 July 2014). The agreement previews that the understanding can be renewed two times for a total of beyond ten years.
CMA CGM and Adani Ports have announced to have ahead of schedule completed the construction of the terminal three months. The new landing place has a dock of 650 linear meters with depth of the backdrop of -16,5% equipped with 16 cranes of dock and 12 cranes to portal on rubber. The terminal has a annual ability to traffic pairs to 1,3 million teu.
The French shipowning group has emphasized that thanks to the new Mundra terminal it will be the only port on the western coast of the India that could be climbed from largest portacontainer of the world.
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