Mumbai,APM Terminals Pipavav received vessels from RCL, Wan Hai and Hamburg Sud on their inaugural visits to Pipavav recently. All the companies mentioned above are part of the prestigious RKI-CCI Service. This service, which includes 5 vessels, is run by RCL, Wan Hai, Hamburg Sud and Seacon, a consortium of companies.
The RKI-CCI Service will call on APM Terminals Pipavav after calling Gateway Terminals India at Nhava Sheva en route to Colombo. The ports of call for the Service are: Shanghai, Ningbo, Hong Kong, Singapore, Port Kelang, Mumbai-Nhava Sheva, Pipavav, Colombo, Port Kelang, Singapore, Hong Kong and Shanghai.
We are delighted to inaugurate the RKI-CCI Service at APM Terminals Pipavav, said Prakash Tulsiani, MD, APM Terminals Pipavav. The service substantially enhances Gujarat and North Indias connectivity with Far East Asia and Central China. I am glad that we are able to contribute to Indias growth, by expanding accessibility and reach for customers seeking business opportunities in India.
APM Terminals Pipavav caters to Gujarat and the landlocked regions of north and north-west India and is connected to this hinterland through dedicated road and rail networks. Cargo owners in India, China and Far East Asia will now be able to transport cargo to and fro smoothly. Along with enhanced quayside facilities and excellent road and rail connectivity, Port Pipavav has also set up marketing offices in Ahmedabad, Jaipur, New Delhi and Ludhiana, to take care of customer requirements.
Notes to Editor
About APM Terminals Pipavav
Gujarat Pipavav Port Limited (whose corporate brand is APM Terminals Pipavav), part of the AP Moller-Maersk group, is a gateway port, located in Gujarat offering integrated port services to north-west India. Located 153 nautical miles from the ports in and around Mumbai, Port Pipavav is strategically positioned to attract shipping companies and serves North West India comprising the states of Gujarat, Rajasthan, Punjab and Delhi NCR, a rich hinterland of a large variety of cargo. The port was awarded the fastest growing port of year in 2009 by Shipping, Marine and Ports - Chemtech Foundation. As of December 2009, the ports facilities include: a state-of-the-art, environment friendly coal yard; berth length of 1075 metres - total 4 berths ready for operations for bulk and container cargo; LPG berth with a service deck of 65 metres; 5 Post Panamax Cranes and 3 Panamax cranes with the post Panamax cranes having an outreach of 18 containers across a ship; and twin lift capability 18, fuel efficient, Rubber Tyred Gantry Cranes, 10 of which are environment friendly; Reefer plugs; covered warehouses and open stack yards; railway sidings; port users complex; new Customs House and employee port colony under construction. In addition, the Company has a right to develop 1,561 acres of land at the port and has developed approximately 485 acres.
Disclaimer:
Gujarat Pipavav Port Limited is proposing, subject to market conditions and other considerations, a public issue of its equity shares and has filed a Red Herring Prospectus (RHP) dated August 9, 2010 with the Registrar of Companies. The RHP is available on the website of the Securities & Exchange Board of India at www.sebi.gov.in ; on the websites of the BRLMs at www.idfccapital.com and www.kotak.com ; and that of the Co-BRLM at www.idbicapital.com.
This press release does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any equity shares, nor shall it or any part of it nor the fact of its distribution form the basis of, or be relied on in connection with, any contract or investment decision. Any potential investor should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the RHP including the section titled Risk Factors.
The Equity Shares have not been and will not be registered, listed or otherwise qualified in any other jurisdiction outside India and may not be offered or sold, and Bids may not be made by persons in any such jurisdiction, except in compliance with the applicable laws of such jurisdiction. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the Securities Act) or any state securities laws in the United States and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. Accordingly, the Equity Shares are only being offered and sold (i) within the United States to qualified institutional buyers, as defined in Rule 144A under the Securities Act in transactions exempt from the registration requirements of the Securities Act, and (ii) outside the United States in offshore transactions in compliance with Regulation S under the Securities Act. |