VISAKHAPATNAM : Visakhapatnam Port under the dynamic leadership of Dr. M. Angamuthu, IAS, Chairperson, Visakhapatnam Port Authority is implementing the Asset Monetization to become landlord Port. Visakhapatnam Port has signed Concession Agreement on 26.03.2024
BALTIMORE : The entire 22-member crew of the container ship that struck a major bridge in Baltimore early Tuesday, causing it to snap and plunge into the river, are Indians who alerted authorities about
BALTIMORE : The Francis Scott Key Bridge in Baltimore collapsed after being struck by the 10,000 TEU container vessel Dali, deployed on 2M Alliance’s Far East – US East Coast service. While Baltimore is not one
COPENHAGEN : Maersk Line‘s five services that call at Baltimore port will be affected by the collapse of Francis Scott Key Bridge. The bridge collapsed after the Maersk-operated 10,000 TEU MV Dali hit one of
DHAKA : The Bangladesh government will develop the container terminal-1 at the Payra Port under the Public Private Partnership. The decision was made at a meeting of the Bangladesh’s Cabinet Committee on Economic Affairs
AHMEDABAD : Adani Ports & Special Economic Zone Ltd., the largest port operator in India, has entered into definitive agreements to acquire 95% stake in Gopalpur Ports Ltd. from its existing shareholders for a
CHATTOGRAM : The much-discussed Patenga Container Terminal, which was built two years ago and formally inaugurated in November last year at Chattogram port, is set to go into operation in April with hopes of
ABU DHABI : AD Ports Group a leading facilitator of global trade, logistics, and industry, announced the signing of a purchase agreement with Inveco LLC to acquire 60% ownership in the Tbilisi Dry Port,
SINGAPORE : PSA International has reported earnings of $1.46 billion for the FY2023 ended Dec 31, 2023, down 6.3% compared to its $1.56 billion earnings in FY2022. For the full-year period, revenue decreased by
Containers and coal shipments are expected to support cargo volume growth at the ports in FY25 by 6 -8 per cent. In the first 10 months of FY2024, cargo volumes witnessed a 7.6 per