Maersk Announces $2 Billion Port Expansion in India
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A.P. Møller-Mærsk A/S has announced a $2 billion expansion of APM Terminals Pipavav in Gujarat, India, aimed at enhancing container and liquid cargo handling and improving connectivity with national freight corridors. The company is also exploring local container manufacturing, has registered a new entity at GIFT City, and is strengthening partnerships with Indian shipyards for vessel repair and maintenance, demonstrating its commitment to India's maritime sector.
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