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Home Countries Belgium

APM Terminals hosts Indian shipping minister

by PressCenter.com
August 20, 2013
in Belgium, Business & Entrepreneurs, Business & Entrepreneurship, Categories, Countries, Sources
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  • Delegation received at new company headquarters as part of the Minister’s visit to The Hague and Rotterdam.
  • Minister Milind Deora given a tour of the Maasvlakte II site.

The group was welcomed to the company offices by APM Terminals CEO of the AsiaPacific Region, Henrik Lundgaard Pedersen, who provided a brief overview on the company’s activities in India to the delegation. The group also met with the Dutch Ministry of Inland Waterways and traveled to the Port of Rotterdam for meeting with senior port officials and was given a tour of the new APM Terminals Maasvlakte II site.

APM Terminals Europe head Ben Vree provided background on the latest developments in terminal and construction at the state-of-the art facility scheduled to open in November 2014. The Indian government has announced plans to invest $60 billion in port infrastructure by 2020 to address current congestion and capacity issues.

“India is a very major market for us, and is playing an increasingly important role in global trade, and so we are very glad for the opportunity to meet with Minister Deora and share our views on infrastructure investment and development in high-growth emerging markets” said Mr. Pedersen. APM Terminals currently operates two port facilities in India, including APM Terminals Mumbai, the nation’s busiest container terminal, and APM Terminals Pipavav, the country’s first privatized port, and one of the fastest-growing ports in India.

APM Terminals India Pvt. Ltd. also operates Inland Services facilities in eight locations, as well as Star Track Terminals Pvt. Ltd. as a joint venture with Container Corporation of India (CONCOR). APM Terminals Mumbai, India’s busiest container terminal with 1.96 million TEUs handled in 2012, representing 20% of India’s total container throughput, was recently cited in a terminal productivity study by the JOC Group as ranking 6th globally overall, and 1st among terminals working vessels of less than 8,000 TEU capacity, with berth productivity of 101 moves per hour.

“We recognize the great potential in India and we are committed to investing in the infrastructure and Inland Services which will enable India’s remarkable economic growth to proceed” said Mr. Pedersen. Total Indian container throughput in 2012 was approximately 10 million TEUs. Indian Minister of Shipping Milind Deora met with APM Terminals Asia-Pacific Region CEO Henrik Lundgaard Pedersen at APM Terminals’ headquarters while in The Netherlands on a visit to meet with Dutch government officials.

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Tags: APM TerminalsAPM Terminals MumbaiAsiaPacific RegionDutch government officialsIndian shipping ministerrotterdamThe Hague
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