India upset with Lanka for pulling out of Colombo port deal
Under pressure from its trade unions, President Gotabya Rajapaksa decided to call off the deal and offered development of West terminal as a “compensation“ Sri Lanka’s decision to unilaterally pull out of a deal
New MD-CEO Akshay Kumar Singh takes charge at Petronet LNG
He had also served as an Executive Director in the GAIL India Limited in Projects division. NEW DELHI: Akshay Kumar Singh took charge as the Managing Director and Chief Executive Officer (MD & CEO)
Adani Ports records 31% growth in Jan cargo volume
Adani Ports and Special Economic Zone (APSEZ) added 0.52% to 545.65 after the company’s cargo volume rose 31% year-on-year (YoY) to 26.02 MMT in January 2021. The cargo volume includes volume of 3.87 MMT
Union Budget 2021 | Seven major ports worth ₹2,000 cr. to be privatised
Seven major ports worth ₹2,000 crore will see their operations privatised in the year 2021-2022, Finance Minister Nirmala Sitharaman said. The Finance Minister also announced a subsidy scheme of ₹1,624 crore for a period
IAPH/IPA webinar highlights digitalisation, risk management & a focused approach to sustainable transition as key issues for South Asian ports
In an IHS Markit Regional Webinar organised on January 28, 2021 by the International Association of Ports and Harbors (IAPH) and the Indian Ports Association (IPA) for South Asia, an expert panel examined key
Indian, Iranian officials review development of Chabahar port
Indian and Iranian officials on Sunday reviewed the development and operations of a terminal at Chabahar port operated by India ahead of the delivery of heavier equipment to bolster cargo-handling. An Indian delegation, led
Cochin Port Trust to transform Willingdon Island into a tourism hub
With ferrying of hard cargo getting containerised and their shipment getting relocated to the container transshipment terminal at Vallarpadam, the Cochin Port Trust (CPT) would shortly engage a consultant to ready a master plan
CMA CGM to operate, manage Port of Alexandria’s new terminal
Egypt confirmed its plans during the visit of Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group. As informed, the partnership will also include the development of logistics solutions, digitalization, the