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JN Port Authority gets seven price bids for privatising its self-run container terminal
Dr.G.R.Balakrishnan Jun 16 2022 Container Terminal News

JN Port Authority gets seven price bids for privatising its self-run container terminal

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.


The price bids will be opened after the port authority gets security clearance for the bidders from the government, J N Port Authority sources said.

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.


L.L.C. (Qatar) is the terminal operating company jointly formed by Qatar Ports Management Company and Qatar Navigation.

The project is a part of the National Monetisation Pipeline (NMP) of the government.