APM Terminals (APMT) Pipavav has announced that it will invest around $90 million in a new liquid berth.
The port’s current capacity to handle 2 million metric tonnes of liquid bulk will increase to 5.2 million metric tonnes.
The investment reportedly supports the port’s objective of contributing to the growth of India’s logistics infrastructure, bolstering connectivity to northwest hinterlands, and better serving customers with end-to-end solutions.
This expansion will have a positive impact on the state of Gujarat’s economy by boosting trade and commerce, according to APMT.
READ: Maersk flags off new rail service to APMT Pipavav
Setting up the new berth is subject to necessary regulatory and other approvals.
The Port’s Liquified Petroleum Gas (LPG) handling capacity expansion comes at a time when homes are moving to LPG following the success of the Prime Minister’s flagship programme ‘Pradhan Mantri Ujjwala Yojana (PMUY)’.
APM Terminals Pipavav currently offers a Dedicated Freight Corridor (DFC) compliant rail line for quick and safe evacuation of LPG, thereby reducing dependency on road movement.
It is one of the few ports in India that has an LPG rail siding within the port that can accommodate a full train carrying approximately 1200 metric tonnes of LPG cargo – equivalent to 66 Gas Tankers on the road.
Earlier this year, APMT Pipavav partnered with Contrans Logistic Private to develop a state-of-the-art warehousing facility.
