Foundation stone laid for new Mumbai terminal

Mumbai: A major milestone in the development of the new DP World terminal at India’s premier gateway port, Jawaharlal Nehru Port, was achieved today with the ceremonial laying of the foundation stone by the Minister of Shipping Shri GK Vasan.

The ceremony at the Nhava Sheva (India) Gateway Terminal site was held in the presence of the Minister of State for Shipping, Shri Milind Deora, the Chairman DP World, Sultan Ahmed Bin Sulayem, and Shri NN Kumar, Chairman of Jawaharlal Nehru Port.

Sultan Ahmed Bin Sulayem, Chairman, DP World, said: “As the busiest gateway and hub in India, Nhava Sheva has been constrained in the past by lack of facilities, which has impacted trade. We at DP World are proud to bring new capacity to this vibrant city and the fast growing economy of India.”

Once constructed, the new terminal will add 800,000 teu of container capacity to the port, and help ease congestion, as the port is currently operating beyond capacity.  DP World is investing $200m to build the terminal. [05/03/14]

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