APM Terminals has signed up for the management and operation of a new container freight station near Vallarpadam terminal in Kochi.
Scheduled to become fully operational by October 2013, the facility will have a 100,000 teu handling capacity both for imports and exports.
The facility will be owned by MIV logistics while equipment and personnel will be provided by APM Terminals India Pvt. Ltd.
All operational expenses will be managed by APM Terminals and revenue will be shared between MIV Logistics & APM Terminals.
