India not on APM Terminals Top-20 list

The APM Terminals investments are based on an internal Top-20 list which is continuously adjusted. India is not included even though Indian growth rates are higher than most.

Photo: Cathrine Ertmann

India, the biggest and probably fastest growing market in the world, is not mentioned in the internal secret list over the 20 most important investments in APM Terminals. Even though the Maersk Group terminal company has constant contacts with the top political level in India, e.g. the Minister of Shipping, G.K. Vasan, there is no prospect of the big growth market being included in the top-20 list in the near future.

“In India, we are very active on inland services and we operate two ports (Mumbai and Pipavay, ed.) and we have a pipeline of different other potential initiatives but I must admit, that we do not have any big terminal projects in India in the near future. We have to prioritise between the opportunities present in our global pipeline. And in our internal Top-20 list over the resources we are allocating, at present it is very limited what kind of projects we have in India”, APM Terminals CEO, Kim Fejfer, tells ShippingWatch.

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