CMA CGM unveils “Port Liberty”
MARSEILLE : The CMA CGM Group has unveiled the investment and business strategy for its recently acquired Global Container Terminals (GCT) in Bayonne and New York Ports as part of the Group’s
Ports & Terminals : Investor sentiment down
LONDON : Sticky inflation and elevated interest rates had a detrimental impact on investor sentiment. In 3Q23, the S&P Index declined 3.6%, mirroring the broader concerns in the
Vado-Verona Porta Nuova rail connection launched : APM Terminals
VERONA (ITALY) : A new rail connection between the container and reefer terminals in Vado Ligure and Verona Porta Nuova inland port has been established. The twice weekly
Chabahar Port may turn profitable by fiscal year end, Phase-II of investments being mulled : Sonowal
OMAN : India is exploring further investments into the Shahid Behesti Terminal at the Chabahar Port in Iran, as part of the Phase 2 of the expansion plans there. Investments
UAE to pay $102 million over five years to operate Karachi Port Terminal
ISLAMABAD : Abu Dhabi Ports signed 50-year concession deal with Karachi Port Trust in June for handling port terminal. Joint venture will see investment of $220 million in
Paradip Port Container Terminal : Rs 20,000 Crore boon for Odisha predicted
PARADIP : In a compelling revelation made during a prominent industry event, Mr. Venkateswara Rao, Head of Logistics at Jindal Stainless Ltd, emphasized the gamechanging potential of a
Sittwe-Chittagong Coastal Shipping Plan is yet to be implemented
CHITTAGONG : In order to increase the Myanmar-Bangladesh bilateral trades, the plan to run a coastal shipping line from Rakhine State’s capital city Sittwe to Bangladesh’s Port city
Wan Hai to spend US$155 million to upgrade Kaohsiung Terminal
TAIWAN : Wan Hai Lines will spend TW$4 billion (US$155 million) on refurbishing three piers of Kaohsiung Port’s Terminal No. 5, which it has taken over from compatriot
Container terminal at Paradip Port can bring INR 20,000 Crores worth of business to Odisha
BHUBANESWAR : A dedicated container terminal at Odisha’s Paradip Port has the potential to bring as much as INR 20,000 crores worth of business to the state exchequer,
SMP Kolkata inks deal with Bangladeshi firm for pioneering multi-modal transport route to Northeast
KOLKATA : Syama Prasad Mookerjee Port, Kolkata, on Monday signed a pact with Saif Powertec Ltd (SPL), Bangladesh, to promote a new multimodal transport route connecting the riverine