COSCO’s Newly Launched CI1 Service at APM Terminals Mumbai
by Shrutee K/DNS
Mumbai, India - – The 4,051 TEU XIN NAN TONG, part of COSCO Shipping Lines, on COSCO’s CI1 service had its maiden call at APM Terminals Mumbai on February 12, adding another important Far East service to India’s importers and exporters. Far East trade services comprise 62% of the terminal’s throughput.
Deployed mainly to serve the Far East trade with India, the CI1 service will enhance India’s regional market by calling on key ports such as Pipavav, Shanghai, Ningbo, Shekou, Nansha, Singapore and Penang. The service consists of five COSCO vessels and one from Wan Hai Shipping Line.
APM Terminals Mumbai COO Ravi Gaitonde welcomed the vessel stating, “This new port call adds another choice for our customers shipping to and from the Far East. More choices create stronger supply chains and business growth – so we look forward to working closely with COSCO and Wan Hai to deliver operational excellence.
COSCO, currently the world’s 4th-largest shipping company, enlists a total capacity of 1.84 million TEUs.
Nhava Sheva, the busiest container port in northwest India, handled a record 4.7 million TEUS in 2017, with APM Terminals Mumbai accounting for 1.96 million TEUs, or 42% of the port’s total container volume.
About APM Terminals Mumbai: APM Terminals Mumbai, is part of the APM Terminals Global Terminal Network, and is a joint venture between APM Terminals and the Container Corporation of India (CONCOR-A Government of India undertaking). Operating from Nhava Sheva’s Jawaharlal Nehru Port (JNPT), APM Terminals Mumbai is India’s largest container terminal handling facility in container throughput (TEUs), representing 18% of India's containerized cargo.
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