State-owned, unlisted major ports are missing out on wealth creation
Bringing all the 12 ports under a holding company for listing makes the valuations even bigger, suggests a consultant MUMBAI : Two large mergers and acquisitions deals in
VCT sets ship productivity record for a Maersk vessel
Visakha Container Terminal (VCT) has set a new ship productivity record of 110 moves per hour while handling the CHX service vessel Mexico VISAKHAKHAPATNAM : Visakha Container Terminal
Cochin Port Trust to construct cruise terminal at Mormugao
KOCHI : After completing the construction of a Rs 25.7 crore cruise terminal at Kochi, Cochin Port Trust has now been entrusted with the construction of the full-fledged
CCI approves Adani Ports acquisition of 89.6% stake in Gangavaram Port
Adani Ports had earlier announced the acquisition of 58.1% stake in the port, located in the northern part of Andhra Pradesh, from D.V.S. Raju and family for ₹3,604 crore
DPT observed National Fire Service Day
AHMEDABAD : 14th April, National Fire Service Day is observed by DPT fire service at Old Kandla fire station to pay homage to those brave Fire Fighters, who
Truck drivers strike at Ports of Los Angeles and Long Beach
LOS ANGELES : Truck drivers at Los Angeles and Long Beach ports, represented by the Teamsters union, started strike action against Universal Logistics Holdings (ULH) this week. According
Calcutta Port Trust posts 26% surplus hike
KOLKATA : Despite cargo traffic volume coming down 4.14 per cent, the port managed to log in a 7.3 per cent rise in revenue and a 26 per
Cargo handling at top-12 ports falls 4.59 per cent to 673 MT in FY21
NEW DELHI : Hit by disruptions caused by Covid-19, India’s 12 major ports witnessed a 4.59 per cent fall in cargo handling to 672.60 million tonnes (MT) in
Chabahar Port likely to be declared operational by May as India accelerates work: Report
IRAN : Even though the Trump administration gave India the ‘Afghanistan reconstruction’ exception from its punitive Iranian sanctions, India largely stopped work on the project until late 2020.
Port of Melbourne welcomes longest vessel to dock in Melbourne.Maiden call of Soroe Maersk at VICT
The Port of Melbourne (PoM) and Victoria International Container Terminal (VICT) welcome the container vessel Soroe Maersk, the longest vessel to call at the port. MELBOURNE : Maersk