DP World’s mega-port to turn Senegal into trade hub
DUBAI : Dubai-based logistics company DP World is investing $1.1bn in a new container port close to Dakar, the Senegalese capital, with the potential to turn the country into the maritime gateway to west
Adani Ports’ acquisition of Gangavaram Port hits stumbling block
VISAKHAPATNAM : Gangavaram Port promoters fear ties with Myanmar military could hurt Adani Ports valuations; want cash for half their stake instead of shares in Adani Ports. The promoters of Gangavaram Port Ltd are
JNPT handles 64.91% more TEUs in April 2021
MUMBAI : India’s largest Container handling Port, Jawaharlal Nehru Port Trust (JNPT) handled 64.91% more TEUs in April 2021 compared to the corresponding month in the previous year. Keeping the momentum going, JNPT continues
Port of Antwerp and Fluvius are installing 2,500 new LED lamps as part of a sustainable Port
This month, Fluvius and Port of Antwerp are completing a large-scale lighting project in the port of Antwerp. In four months, no fewer than 2,423 ‘normal’ lamps were systematically replaced by interactive LED lighting. Both companies
Could abandon Myanmar container terminal project: Adani Ports
MUMBAI : Adani Ports and Special Economic Zone, which operates some of the largest commercial ports in India, reported a 285% jump in consolidated net profit for the March quarter at ₹1,287.81 crore. The company had
Port of Savannah to boost capacity
GEORGIA : After reporting a volume increase of 15% in its fiscal year to date (July 2020 to March 2021), the Georgia Ports Authority (GPA) laid out its plan to expedite the expansion of
Sweden maps details of new box facility
SWEDEN : Nordic construction and engineering company Peab has secured a SEK249m ($29.5m) contract from SCA Logistics to build a new container port adjacent to Tunadal Port in Sundsvall, Sweden in order to meet
Mumbai Port Trust is going places
MUMBAI : Mumbai Port Trust will get nod to assemble two offshore container berths and one terminal; assures govt that no reclamation will probably be required for the venture. The Mumbai Port Belief is