CWC to develop 4 warehouses in Kerala
KOCHI : Four of the 54 locations selected for Central Warehousing Corporation (CWC) facilities in the country are in Kerala. The cumulative warehousing development potential across the four locations – two in Ernakulam and
Industrial and Logistics Sector in Kolkata to record 5-year high in supply
KOLKATA : Industrial and Logistics (I&L) sector in Kolkata will record a 5-year high supply in 2023 as a result of the completion of pent-up projects across the city and its peripheries. Total I&L supply in 2023 is
US-based Panattoni to invest Rs 110 cr for first warehousing park in India
BENGALURU : US-based Panattoni, a global leader in industrial and logistics real estate development, will invest Rs 110 crore by March 2025 to develop a warehouse park in Delhi-NCR, its first project in the
APM Terminals, DP World launch Zero Emission Port Alliance at COP28
DUBAI : Two major container port and terminal operators DP World and APM Terminals announced the formation of the Zero Emission Port Alliance (ZEPA), a strategic coalition aiming to accelerate the process to zero
More container ships could be held up if Red Sea tensions escalate
HONG KONG : Any intensification of ship attacks in the Red Sea could tie up 30% of the boxship fleet as more vessels will need to be rerouted, according to Linerlytica’s latest report on
Adani International Container Terminal becomes first terminal to handle over 3 lakh containers in a month
MUNDRA : The joint venture at Adani Ports and SEZ in Mundra, Adani International Container Terminal Private Limited (AICTPL), has become the first terminal in India to handle 3,00,000 containers in a month in
Chennai ports shut as Cyclone Michaung approaches Indian coast
CHENNAI : All ports in Chennai region have closed operations until further notice on Monday (4 December), as a precautionary measure to deal with the Cyclone ‘Michaung’ threat. The cyclone is expected to make
‘Michaung’ turns into ‘severe cyclonic storm’; heavy rainfall in Chennai
CHENNAI : Cyclonic storm ‘Michaung’ has turned into a severe Cyclonic storm, the India Meteorological Department said on Monday. The cyclone is expected to hit the west-central Bay of Bengal off south Andhra Pradesh