Port development, Pipavav
As a result of the booming container market in recent years, GPPL and APM Terminals introduced a long term investment plan to further develop the port’s facilities. Phase 2 of the expansion program included the reclamation of a new storage (container stacking) area and the extension of the port’s capacity by deepening the approach, channels and berths, allowing larger (container) vessels to enter the port. Zinkcon Marine Singapore, a subsidiary of Boskalis International B.V., won the contract for the dredging and reclamation works for Phase 2. In the beginning of 2009, however, the client re-evaluated the investment against the background of the dramatic effects of the economic crisis, which seriously affected the global container market. GPPL, APMT and ZMS agreed to optimize the project in such a way that all parties would benefit.