APM Terminals Plans $1B Investment to Develop Indian Ports

APM Terminals Plans $1B Investment to Develop Indian Ports

APM Terminals, the terminal operations for AP Moller-Maersk, has entered into an agreement with the authority overseeing ports on India’s east coast a...

Andhra Pradesh Maritime Board, APM Terminals ink Rs 9,000-crore pact for port development

APM Terminals is a subsidiary of global shipping and port management major AP Moller-Maersk

APM Terminals signs MoU with Andhra Pradesh Maritime Board

CM directs officials to formulate a plan to make AP a logistics hub

AP Maritime Board and APM Terminals sign pact for development of seaports in Andhra Pradesh

As per the agreement, APM Terminals will create infrastructure such as modern terminals and cargo handling facilities, and manage the upcoming Ramayapatnam, Machilipatnam, and Mulapeta seaports

Andhra Pradesh signs MoU with APM Terminals

Andhra Pradesh signs MoU with APM Terminals

APM Terminals finalises $1 billion ports agreement in India - India Seatrade News

Maersk’s port operating arm, APM Terminals, has signed a memorandum of understanding with India’s Andhra Pradesh Maritime Board to invest 9,000 crore (around $1.1bn) in the development of three key ports in the state. The agreement, inked in the presence of chief minister N Chandrababu Naidu, covers the upgrading of the Ramayapatnam, Machilipatnam and Mulapeta ports, along with supporting infrastructure. APM Terminals will bring in modern cargo …