DP World’s Vallarpadam Terminal suffers volume setbacks
KOCHI : In a major blow to its growth ambitions, DP World’s flagship Vallarpadam Terminal in Cochin Port, suffered significant traffic declines in the fiscal year 2022-23 that
Hong Kong establishing unit for maritime and port development strategy
HONG KONG : Hong Kong is setting up the Task Force on Maritime and Port Development Strategy to put forward an action plan on strategies to further promote
Alternative Maritime Power : ERMA first whitepaper presents key to Greener Ports
GREECE : ERMA FIRST, a leading sustainable marine solutions provider, has published a new whitepaper which presents alternative maritime power solutions as the key to greener ports as
Government set to tweak captive berth policy for major ports
NEW DELHI : Cargo berths run by port dependent industries for their captive use at state-owned major ports will be allowed to extend their contract beyond the original
CBI arrests Superintendent of Customs department at Kolkata Port
NEW DELHI: The Central Bureau of Investigation (CBI) on Tuesday arrested a Superintendent of Customs department at Kolkata Port in a bribery case. The arrested accused has been identified as Pawan Kumar,
PSA confirms agreement of acquiring majority stake in ALISAN Logistics
SINGAPORE : PSA International has signed an agreement to buy 75% of the shares of privately held ALISAN Logistics through its wholly-owned subsidiary, PSA-BDP Turkey Supply Chain Solutions.
No concerns about Adani Group’s plans to expand: Israel Minister Nir Barkat
NEW DELHI : Israel has no concerns about the Adani Group’s plans to expand its presence in the country after taking over the strategic Haifa port as it
Andhra CM lays foundation stone for Rs 4362 Crore Mulapeta Port in Srikakulam
SRIKAKULAM : Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy on Wednesday laid the foundation stone for the Rs 4,362 crore Mulapeta greenfield port in Srikakulam district,
APSEZ Board to consider partial buyback of debt securities on April 22
AHMEDABAD : Adani Ports and Special Economic Zone Limited (APSEZ) Board will meet on April 22 to consider its first and partial buyback of debt securities in the
New massive 24K TEU MSC Loreto sets sail from Yangzijiang Shipbuilding
BEIJING : World’s largest containerships global fleet has expanded once again, with the addition of another 24K TEU vessel, MSC Loreto. The vessel was built by Yangzi Xinfu