APM Terminals Management B V is set to join forces with Wan Hai Lines Ltd to bid for the container terminal tender issued by Jawaharlal Nehru Port Trust (JNPT) as potential bidders look to tie up with lines to secure volumes.
While the former is the container port operating unit of AP Moller-Maersk A/S, the latter is Taiwanese container line.
JNPT has sought bids last month to privatise the container terminal self-operated by the state-run port authority.
Adani Ports and Special Economic Zone Ltd (APSEZ) is partnering with Terminal Investment Ltd, which is a unit of Mediterranean Shipping Company SA, the world’s second biggest box line, to bid for the project
