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APM Terminals Pipavav offers Free Container Storage service at the port

Posted On: 2020-04-04 12:26:53


APM Terminals Pipavav is extending free storage service for all containers from 1st to 15th April 2020; both days are inclusive. This will offer flexibility to our customers with extended logistic chain amidst the lockdown announced by the Government in the wake of recent outbreak of COVID-19 pandemic and the wide-ranging measures taken to ensure safety of the population. The supply chain interruption at the Ports is expected due to the impact on the downstream services. The free storage facility at our port will help our customers to plan their onward land logistics suitably and help maintain the supply chain. For any query regarding the storage, our commercial teams will be happy to connect.

Mr. Jakob Friis Sørensen, Managing Director, APM Terminals Pipavav said, "The extension of free storage service at our port is a step towards offering flexibility to our customers for their good's onward movement. We are committed to ease the supply chain for our customers in these challenging times and this is a small step towards it."

APM Terminals Pipavav continues safe operations at the port by adopting stringent measures in line with the guidelines of the Directorate General of Shipping (DGS), Govt. Of India, Govt of Gujarat and local statutory bodies, in the wake of COVID 19.

Shares of GUJARAT PIPAVAV PORT LTD. was last trading in BSE at Rs.55.25 as compared to the previous close of Rs. 54.55. The total number of shares traded during the day was 2370 in over 202 trades.

The stock hit an intraday high of Rs. 56.3 and intraday low of 53.45. The net turnover during the day was Rs. 130421.


Source: Equity Bulls

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