SMP Kolkata plans to invest Rs 4,000 cr by 2030 to expand capacity : Chairman, Rathendra Raman
KOLKATA : The Kolkata Port, now known as Syama Prasad Mookerjee Port, is planning to invest Rs 4,000 crore by 2030 to expand cargo handling capacity to 130 million tonne, its Chairman Rathendra Raman
Ports to be expanded to facilitate cargo transportation through waterways
VARANASI : Multi-modal terminal/port in the district will be expanded to promote the transportation of goods by cargo ships through waterways. Starting the process for land acquisition, the district administration has prepared a social impact
AD Ports Group & Vale to jointly develop low-carbon mega hubs for steel industry
ABU DHABI : AD Ports Group the leading facilitator of global trade, logistics and industry, announced today the signing of a Memorandum of Understanding (MoU) with the world’s largest producer of iron ore and
Adani Group exploring $3-billion investment in Vietnam
Vietnam Government on Wednesday said Adani Group is exploring $3-billion investment in the country’s seaport ecosystem and wind and solar energy projects. “Adani Group wants to develop a seaport ecosystem as well as wind
Gujarat Pipavav Port Q4 : Net profit crosses 30%
PIPAVAV : Gujarat Pipavav Port on Wednesday reported 30.8 per cent rise in consolidated net profit at ₹97.3 crore in the quarter ended March 2023. This is against a net profit of ₹74 crore in the
Visakhapatnam Port to upgrade with world-class facilities
VISAKHAPATNAM : As part of preparation to face competition and prevent diversion of cargo to neighbouring ports, Visakhapatnam Port Authority (VPA) is fully gearing up with world-class facilities and becoming a landlord port as
Jeddah Islamic Port posts 25% spike in April container throughput
RIYADH : Jeddah Islamic Port has notched a 25.07% hike in total container volumes during April this year, handling around 465,348 TEUs compared to last year’s 372,064 TEUs according to monthly data published by
Central Govt is working on Policy to allow ports extend lease beyond 30 years
NEW DELHI : The Centre is preparing a policy that will allow extension of Port terminal contracts beyond their 30-year lease period under certain conditions. “The policy will govern major ports and allow them