MUMBAI : DP World Ltd, APM Terminals Management B V, JM Baxi Ports & Logistics Ltd, Terminal Investment Ltd, JSW Infrastructure Ltd, International Container Terminal Services Inc and QTerminals L.L.C. have submitted price bids on a tender floated by Jawaharlal Nehru Port Authority to privatise the container handling terminal run by the State-owned port.
J M Baxi Ports & Logistics (a unit of Mumbai-based J M Baxi Group) has partnered with CMA Terminals Holding, a subsidiary of CMA CGM SA, the world’s third largest container shipping firm.
Terminal Investment Ltd, a unit of Mediterranean Shipping Company S.A (MSC), the world’s biggest container line by capacity, has bid on its own for the terminal that will have a capacity to handle 1.8 million twenty-foot equivalent units (TEUs) a year.
Dubai government-owned D P World, Manila-based International Container Terminal Services and JSW Infrastructure have placed price bids on their own. APM Terminals Management, the container port operating unit of A P Moller-Maersk A/S, has tied-up with Taiwanese container line Wan Hai Lines Ltd to bid for the box terminal tender as bidders look to align with shipping lines to secure volumes.
QTerminals L.L.C. (Qatar) is the terminal operating company jointly formed by Qatar Ports Management Company and Qatar Navigation.
Jawaharlal Nehru Port Container Terminal or JNPCT, the terminal that is undergoing privatisation, currently handles about 24,000-34,000 twenty-foot equivalent units (TEUs) a month. A TEU is the standard size of a container and a common measure of capacity in the container business.
The project is a part of the National Monetisation Pipeline (NMP) of the government.