Leading port operators to significantly invest in Chittagong Bay Terminal project
CHITTAGONG : AD Ports Group will invest around US$1 billion in the under-construction Bay Terminal in the port city of Chittagong, Bangladesh. A four-member team of the Dubai-based port group is scheduled to visit
APM terminals regrets abandonment of 616 export containers in Lagos Port
LAGOS : The container terminal operator at the Apapa Port in Lagos at the weekend lamented that 616 containers containing export goods have spent about 1000 days inside the port without being shipped out.
Sri Lanka Ports Authority reports nearly 48% rise in container volumes
COLOMBO : The Sri Lanka Ports Authority (SLPA) has reported a record 48 per cent year-on-year (YoY) rise in container volumes in the first quarter (Q1 2024). The total grew from 441,032 to 652,766
Adani Ports and SEZ reports 12% growth in cargo volumes in April
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday reported a 12% year-on-year growth in cargo volumes in April 2024. The Adani group company in an exchange filing said it handled 36.2 MMT
APM Terminals keen to enhance investment, operations in Pakistan
ISLAMABAD : The APM Terminals company sees great potential in the Pakistani market and shows keen interest to enhance its investment and operations to support the country’s trade, affirming confidence in the country’s growth
DP World and Sabah Ports to bolster handling capacity at Sapangar Bay Container Port in East Malaysia
SABAH : DP World and Malaysia’s Sabah Ports Sdn. Bhd established a partnership to manage Sapangar Bay Container Port (SBCP) to cement SBCP’s position as the premier regional trade hub for the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN
Petregaz India commissions its Rs 600 cr LPG import and storage terminal
NELLORE : Petregaz India, a subsidiary of Petredec Group has commissioned its new state-of-the-art LPG Import and Storage Terminal that has been set up at an outlay of Rs 600 crore, the company said
JNPA achieves record throughput of 6.43 Million TEUs
MUMBAI : Jawaharlal Nehru Port Authority (JNPA), one of India’s leading container ports, achieved a historic milestone by recording it’s highest-ever throughput of 6.43 million TEUs in the fiscal year 2023-24. Surpassing the 6.05