Georgia Ports invests US$170 million in new hybrid yard cranes
SAVANNAH : The Georgia Ports Authority (GPA) has decided to spend US$170 million on 55 hybrid-engine rubber-tired gantry cranes to equip the Port of Savannah‘s Ocean Terminal during its transformation into an all-container facility.
Adani Ports shares tank 5% as work at Haifa Port halts amid protests
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ) remained under the spotlight on Tuesday, falling as much as 5 per cent during the session, amid the negative news flow from Israel relating to
New finger scanning technology introduced by DP World Antwerp
ANTWERP : DP World has introduced fingerprint scanning technology at the Antwerp Gateway Terminal to improve security for container collection. In particular, registered truck drivers can now collect their containers by means of their
PM Modi’s long-term vision is shaping new India: Sarbananda Sonowal
JORHAT(ASSAM) : Union Minister Sarbananda Sonowal on Sunday lauded Prime Minister Narendra Modi and said that his long-term vision is shaping a new India. “The visionary leadership of PM Modi has ushered a new
India needs increased draft depth at all ports to handle large vessels, says Parliamentary Committee
NEW DELHI : A parliamentary committee has stressed on the need for increasing the draft depth of almost all the ports of the country under the Sagarmala Programme according to their respective cargo profile. Increased draft
Adani Ports Mundra clocks 40 vessel movements in a day
MUNDRA : Adani Ports Mundra, a bustling hub of maritime activity on India’s western coast, has accomplished a remarkable feat. In a span of just 24 hours, the port managed to handle an overwhelming
CCI approves acquisition of shareholding of JM Baxi Ports and Logistics Limited by HL Terminal Holdi…
NEW DELHI : The Competition Commission of India (CCI) approves the acquisition of shareholding of JM Baxi Ports and Logistics Limited by HL Terminal Holding B.V., a wholly owned subsidiary of Hapag Lloyd Aktiengesellschaft.
DP World’s overseas logistics investments since 2012 cross $10 billion mark
DUBAI : DP World has invested more than $10 billion (AED37.3 billion) in the global logistics sector since 2012, making it one of the top five overseas investors in this period, according to the