CHCL and DP World announce major maritime infrastructure and logistics developments

Cargo Handling Corporation Ltd (CHCL) has signed a contract with China's Qingdao Heavy Duty Machinery Co. Ltd (QHDMCL) for a major equipment renewal program exceeding Rs 2.7 billion. The agreement includes the acquisition of two Megamax/Super Post-Panamax ship-to-shore cranes and five hybrid rubber-tyred gantry cranes. The new equipment is expected to be delivered by the end of 2027, with operations beginning in early 2028. This initiative aims to increase the corporation's capacity to handle modern container ships and meet growing international maritime demand.

In separate maritime developments, DP World has commenced operations for the DP World London, a 1,250 TEU methanol-fueled container ship, which completed its first methanol bunkering in Rotterdam. The vessel, owned by Elbdeich Reederei and operated by DP World's Shipping Solutions division, features a dual-fuel engine and an exhaust gas recirculation system to reduce emissions. Additionally, DP World has entered a multi-year logistics agreement with Balco Australia to manage the transport and supply chain coordination of over 10,000 TEUs of fodder products annually.