Box volumes skyrocket at Port of Klaipeda
KLAIPEDA : The Port of Klaipėda in Lithuania was added to more cargo shipping routes in 2022, which led to an increase in container volumes, particularly in the
Central Govt invites EoI for a mega port at Galathea Bay; Vizhinjam not to be hit in a big way : Exp
NEW DELHI : The Central Government has invited expressions of interest (EOI) bids for the development of a mega international container transhipment port (ICTP) at Galathea Bay of
JSW Infra helps Karnataka Govt avoid a setback; emerge lone bidder for a new port at Keni
BENGALURU : JSW Infrastructure Ltd, the port’s unit of Sajjan Jindal-led JSW Group, has saved the Karnataka Government from a setback by emerging the lone bidder on a
Govt set a target of ₹6,700 Cr in the port and shipping sector for FY24
NEW DELHI : The Central Government has set a target of ₹6,700 crore from asset monetisation in the port and shipping sector for FY24. Key projects on the block
Adani Ports to buy Karaikal Port for Rs1,500 Cr under bankruptcy law : Karan Adani
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ) is awaiting approval from a bankruptcy court in Chennai to buy indebted port company Karaikal Port Pvt Ltd
Adani Ports Q3 profit drops 16% to ₹1,316 cr; revenue rises 17.5%
AHMEDABAD : Adani Ports and Special Economic Zone (SEZ), the country’s largest integrated ports and logistics company, has reported a 16% year-on-year (YoY) drop in consolidated net profit at ₹1,315.54 crore for
Kerala govt reviews Singapore-model business hub around Vizhinjam Port
THIRUVANANTHAPURAM : The Kerala government is planning to develop a major business hub based on the model of those in Singapore or Shanghai, in the areas around Vizhinjam International
HEIGHTS OF EXCELLENCE : PSA Singapore achieved outstanding feats of productivity on 4 mega vessels
SINGAPORE : The first 4 ships on which gross berth productivity (GBP) exceeded 300 at PSA Singapore this year – COSCO Himalayas, CMA CGM Palais Royal, Maribo MAERSK,
APM Terminals sold 30.75% minority stake in Global Ports Investments for USD 135 million
THE HAUGE (NETHERLAND) : In 2022, A.P. Moller-Maersk’s (Maersk) terminals business, APM Terminals (APMT) completed the sale of the 30.75% minority stake in Global Ports Investments in Russia for USD 135m,
Mawani and eXtra signs an Agreement for a Logistics Center at King Abdulaziz Port
RIYADH : The Saudi Ports Authority (Mawani) has signed an investment agreement with leading consumer tech. retailer United Electronics Company (eXtra) to set up a state-of-the-art logistics center