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ADANI SETS MUNDRA COMPLETION DATE

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Adani Ports and Special Economic Zone (APSEZ) has indicated that it plans to complete the expansion of Adani International Container Terminal Pvt. Ltd (AICTPL) at Mundra port by 2017. The investment being made will create a transhipment hub serving markets across the Middle East, South Asia and India.

AICTPL is a joint venture with Terminal Investments Limited, a division of the Mediterranean Shipping Company (MSC). MSC is expected to be a key customer of the extended facility. The additional facility will have a quay length of 1460m and an annual capacity of 3.1million teu. It will be capable of handling large new generation container vessels up to 18,000 teu.

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