APM Terminals Pipavav consolidated net profit rises 62% to INR 1,096.75 million in Q1 FY24-25
PIPAVAV : APM Terminals Pipavav (Gujarat Pipavav Port Ltd), one of the leading gateway ports in Western India reported 62% rise in consolidated net profit at INR 1,096.75 million for the first quarter ended on 30th June 2024, compared
New International Land-Sea Trade Corridor connects 523 ports worldwide
BEIJING : Over the past five years, the New International Land-Sea Trade Corridor has expanded its reach to 523 ports in 124 countries and regions. Launched in 2017, the corridor is a trade and
Ulsan Port Authority signs equity investment agreement to create publicly-led alternative marine fuel supply chain
SEOUL : Ulsan Port Authority (UPA) has announced that it signed an equity investment agreement worth US$17.6 million with Hyundai Oil Terminal Corporation on 1 August 2024, to establish Korea’s alternative marine fuel supply
Govt has taken initiatives to develop Indian Shipping : MoPSW
NEW DELHI : The Union Minister of Ports, Shipping and Waterways Shri Sarbananda Sonowal informed in a written reply in Lok Sabha that the Government has undertaken several initiatives to enhance the capacity and
Sarbananda Sonowal explains Port Operations and privatization in parliament
NEW DELHI : In response to Rajya Sabha question raised on the 6th of August, 2024, regarding the operation and privatization of ports, Shri Sarbananda Sonowal, Union Minister of Ports, Shipping, and Waterways, provided
Port Monetisation for 2024-25
NEW DELHI : Union Minister of Ports, Shipping and Waterways Shri Sarbananda Sonowal informed in a written reply in Rajya Sabha that, private Sector Participation has been allowed in the Major Ports for specific
Commissioning of Vizhinjam International Seaport
NEW DELHI : Union Minister of Ports, Shipping and Waterways Shri Sarbananda Sonowal informed in a written reply in Rajya Sabha that, as per the schedule furnished by the Concessionaire, the project is scheduled
Containership and port operators face a host of issues as peak season arrives
NEW YORK : The first half of 2024 hasn’t been particularly kind to shippers, global containership operators, and U.S ports. They’ve dealt with rebel attacks on ships transiting the Suez Canal and the Red