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Recently, Maersk's port company, APM Terminals (APMT), signed a memorandum of understanding with the authorities of Andhra Pradesh, India, planning to invest $1 billion to support the development of ports and terminals in Andhra Pradesh. Andhra Pradesh is located in southeastern India, adjacent to the Bay of Bengal, with a coastline stretching nearly 620 miles. The region plans to develop a new port or fishing harbor every 30 miles as part of its maritime infrastructure. Currently, the largest port in the area is Visakhapatnam Port, the third-largest port in India, primarily handling bulk cargo with relatively less container business.

APM Terminals will collaborate with Andhra Pradesh, focusing primarily on the development of three ports in Machilipatnam, Mulapeta, and Ramayapatnam.

Since 2004, APM Terminals has been operating in India, managing two core assets. The first is Pipavav Port in Gujarat, India's first public-private partnership port project with an annual handling capacity of 1.35 million TEUs. The other asset is the Maersk Mumbai Port in Maharashtra, which is currently working on increasing its annual handling capacity to 2 million TEUs.

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