The Hindu Business Line : ABG Heavy’s Paradip terminal to begin operations by Dec

The company has received the licence to operate terminals at New Mangalore and Paradip ports. The terminal at the New Mangalore port became operational in September .

ABGHIL currently operates the Kolkata container terminal under a own-operate-maintain contract since April 2005 and has handled 1,70,000 TEUs during the last financial year.

“We expect to handle over 2-lakh TEUs during the current fiscal. In the Kolkata container terminal, the throughput has more than doubled in less than a year’s time,” Mr Saket Agarwal, Group Director, said.

He added that the company was bidding for major bulk, general cargo and other terminal projects, as well as looking at participation in other container terminal projects and allied activities.

Crane deal

The company recently inked a deal to acquire the world’s largest crane with a capacity of 3,200 tonnes from Terex-Demag GMBH & Co of Germany for an undisclosed amount.

The crane will be used to meet the infrastructure requirement in refineries, petrochemical units, and bridge construction facilities, Mr Agarwal said.

Mr Steve Filipov, Terex Cranes president, said India had become the third country to receive this giant crane from the company, which has received orders for similar cranes from West Asia and other countries.

ABG cranes are at present deployed in the hydrocarbon, thermal power, wind energy, steel, cement and other industrial and infrastructure projects nationwide.

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