Maersk sees investment opportunity pipeline of $5bn in India

A.P. Moller-Maersk sees US$5 billion investment in India as it names its newest dual-fuel methanol container vessel in Mumbai. “We see an investment opportunity pipeline of about $5 billion in ports and terminals and landside infrastructure development,” reported the company in a media post.

As disclosed, India plays an instrumental role for the A.P. Moller-Maersk and for the global terminal operator APM Terminals, part of Danish A.P. Moller-Maersk.

The company’s footprint in India includes two APM Terminals operations in Mumbai and Pipavav that facilitate the import and export of over three million containers every year, 26 warehouses spread across 350,000 sq. m., and a distribution network that reaches more than 80% of India’s pin codes.

Last week Maersk chair Robert Maersk Uggla and APM Terminals CEO Keith Svendsen met with India’s prime minister Narendra Modi to further the discussions of their shared visions for the country in line with the Maritime Amritkaal Vision 2047 and the Indian government’s policy priorities, including Make in India, Sagarmala and Gatishakti.

“We believe we can play a role as a