Advantage Pipavav
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Port Pipavav
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History
Used as a shelter for warships by the British in World War II
Identified as a potential port site by Maharaja of Bhavnagar Krishna Kumarsinhji Bhavsinhji
The Gujarat goverment provides Rs 50 lakh to start port activity at Pipavav
The goverment decides to develop Port Pipavav on a Public Private Partnership Model
Private infrastructure company completes port construction
AP Moller Maersk becomes the lead promoter with 54% stake in APM Terminals makes significant investments in port machinery and infrastructure expansion, and takes over complete operations. Board of Directors formed along with other investors.
APM Terminals CEO Kim Fejfer visits port for the first time and inaugurates post-panamax cranes and bagging plants. Lays the foundation stones for a customs house and employee housing colony.
Company rebranded as APM Terminals Pipavav.
APM Terminals files for an IPO.
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