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2018-02-20

First phase of Bharat Mumbai Container Terminals opened

Muscat 20th February 2018: Under the patronage of the Indian Prime Minister, PSA’s Bharat Mumbai Container Terminals (BMCT) celebrated the opening of phase 1 of the project, amidst wide international interest. The new Terminal is developed in partnership between State General Reserve Fund and PSA International (PSA), the leading international port operator. The project is the third of its kind by SGRF in ports, after its investment in Kumport of Turkey and Bagamoyo of Tanzania.

SGRF's partnership with PSA in this new development aims to gain from its experience in ports’ operations in 16 countries around the world. This important partnership is in line with SGRF’s investment strategy in the logistics sector, as one of the main and strong catalysts to diversify its investments' portfolio and the national economy at large. The project also includes partnership in the Indian port of Kolkata located on the eastern side of India, a smaller project with the same strategic partner.

The opening of the port development also coincides with PSA’s celebration of its 20th year of port investment in India, where it began operating two decades ago, in Chennai, Kolkata, Kakinada and now the Bharat Mumbai Container Terminal with SGRF.

It's noteworthy to mention that BMCT’s Phase 1 development is operational with a quay length of 1000 metres, twelve super post-panamax cranes. It is capable of accommodating some of the largest container vessels afloat and aims to offer flexibility and scale for shipping line customers and port users.

 

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