DP World signed a contract on Nov. 6 for the construction of a new container terminal at the Port of Jawaharlal Nehru (Nhava Sheva), India’s largest box gateway. The project, covering an extension of the port-owned container berth by 1,082 feet, is expected to provide for an annual capacity for 800,000 20-foot-equivalent units. DP World last week won the 17-year concession after offering a 28.09 percent share of revenue as annual royalty to the landlord port. Plans for the build-operate-transfer project, estimated to cost approximately USD200 million, include a draft of 44 feet and a 42-acre storage yard, supplemented by four rail-mounted quay cranes and 12 rubber-tire gantry cranes. The new facility is expected to start operations in 2015.