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CMA CGM And APSEZ Sign Joint Venture to Operate Mundra CT4

April 28, 2017 12:05 am Published by

CMA CGM and Adani Ports Special Economic Zone (APSEZ) have signed a joint venture agreement to operate a new container terminal (CT4) at Mundra Port. The agreement is for the next 15 years, with an option to extend it twice for 10 more years.

This is a notable milestone for us, as with the commissioning of this terminal, Mundra port will become India’s largest container-handling port. This strategic partnership with CMA CGM in the Container Terminals business brings significant value to Mundra port.- CEO, APSEZ

CT4 has four, 65 tonne capacity rail mounted quay cranes, capable of handling 18,000 TEU vessels and Super Post and Ultra Large Container Vessels. As well, the terminal boasts an annual capacity of 1.3 million TEUs. CT4 will be the only container terminal on the west coast of India that the world’s largest container ships can call at.

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