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| Exchange Disseminated Time | Gujarat Pipavav Port Ltd has informed BSE that the Company as entered into an arrangement with NYK Auto Logistics (India) Pvt. Ltd. (“NYK”) wherein NYK has been sub-leased land for developing a dedicated common user integrated RO-RO yard at Pipavav Port. The RO-RO yard with annual designed capacity for handling 250,000 vehicles will be ready for operations by 02 of Calendar Year 2015.
The Company will provide all the port and related facilities to NYK for ensuring smooth and seamless flow of automobile cargo upon commencement of the RO-RO facility. |
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