SP Group in talks with PE, preparing to sell port and other assets
MUMBAI : Shapoorji Pallonji (SP) Group has started talks with private equity (PE) firms to sell its entire stake in Odisha’s Gopalpur Ports and some of its stake in infrastructure development firm Afcons Infrastructure
PSA celebrates double wins at Supply Chain Asia Awards 2023
SINGAPORE : It was a night of double celebration at the Supply Chain Asia Awards 2023, as PSA International’s Group CEO Tan Chong Meng was conferred with the prestigious “Supply Chain CEO (MNC) of
US East Coast vs. West Coast: More imports shift back to Pacific ports
CALIFORNIA : In the perennial tug-of-war between West Coast and East Coast ports, the momentum has shifted yet again. Imports from Asia are starting to head back to America’s Pacific gateways. East and Gulf
JSW Infra targets 50% external biz
MUMBAI : JSW Infrastructure Ltd, which began as a company catering to the requirements of JSW Group, is planning to focus on raising its third-party business to 40% within two years and 50% in
Israel-Hamas War rocket attacks are leading oil tankers to make unusual moves near ports
HAIFA : Oil tankers in the Red Sea are taking unusual actions amid the Israel-Hamas war, shutting off their global tracking transponders — called Automatic Identification Systems (AIS) — in an effort to traverse
‘No U.S. military aid to Israel,’ say protesters as they block ship at Port of Oakland
OAKLAND : Activists opposed to Israel’s war against Hamas temporarily blocked a U.S. military vessel from departing the dock at the Port of Oakland Friday, believing it was set to pick up weapons and
Adani Ports hit 48% growth in cargo handling in October, records highest ever monthly cargo volumes of 37 MMT
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday reported a 48 per cent growth in cargo handling at seaports it operated in October. The billionaire Mr. Gautam Adani’s firm handled
JSW Infrastructure enters container train operating business
MUMBAI : JSW Infrastructure Ltd has ventured into the container train operations business by acquiring the container train operator (CTO) license of Sical Multimodal and Rail Transport Limited from Pristine Logistics & Infraprojects Pvt Ltd. “The Board of