The agreement with the Gujarat Maritime Board is part of Maersk’s $5 billion plan to enhance ports and maritime infrastructure in India
Pipavav – Apm Terminals Pipavav has signed a Memorandum of Understanding (MoU) with the Gujarat Maritime Board for the expansion of the port of Pipavav, with a planned investment of approximately $2 billion. The agreement is part of the broader $5 billion plan announced by Ap Moller–Maersk in February 2025 for the development of Indian ports and maritime infrastructure.
The project, subject to the signing of a long-term concession agreement, aims to strengthen the port’s operational capacity and sustainability, consolidating Pipavav’s role as one of India’s most efficient and secure ports of call.
The expansion includes new facilities for handling containers and liquid cargo and the enhancement of multimodal connectivity with the Dedicated Freight Corridor and with the national hinterland.
“This investment is not just about expanding the port – stated Jon Goldner, CEO of Apm Terminals Asia & Middle East – but about creating new opportunities for Gujarat, for India, and for global trade, making Pipavav a model of efficiency and sustainable growth.”
Currently, Apm Terminals Pipavav — India’s first port managed through a public-private partnership — has an annual capacity of 1.35 million TEUs for containers and 4 million tonnes for dry cargo.
