SBI Caps to be transaction advisor for privatisation of JNPT’s container terminal
The port is looking to privatise the terminal under PPP mode MUMBAI : State-run Jawaharlal Nehru Port Trust (JNPT) has hired SBI Caps Ltd to act as transaction
India stresses fulfilling commitments for developing Chabahar
NEW DELHI : Indian Minister of Ports, Shipping and Waterways Mansukh Mandaviya has emphasized his country’s determination for fulfilling its commitments for the development of Iran’s southeastern Chabahar
Syama Prasad Mookerjee Port asks lines to stop levying surcharge of up to $800 per container
KOLKATA : Kolkata Port Trust has asked container lines to stop levying congestion surcharge of $800 per container on its customers as the improved depth at Kolkata Dock
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