Vizhinjam International Seaport’s Phase II & III likely to be operational by 2028
THIRUVANANTHPURAM : A team of officials from the ministry of environment, forest and climate change has begun a study to assess the environmental impact of phase II and phase III of Vizhinjam International Seaport.
INS Vikramaditya Docks at Adani Gangavaram Port ahead of Milan-2024
VISAKHAPATNAM : The Adani Gangavaram Port has welcomed the Indian Aircraft Carrier INS Vikramaditya that berthed at the port ahead of its participation in Milan 24. Amid grandeur, the port proudly hosted the formidable
Tamil Nadu to give Cuddalore port to a private developer to operate for 50 years
CHENNAI : The Cuddalore port is back in the limelight with the Tamil Nadu government planning to give it to a private developer to operate for nearly 50 years. The port had become defunct
Adani Group in final legs to acquire Shapoorji Gopalpur Port
CUTTACK : SP Port Maintenance, a Shapoorji entity owns the business group’s holding in Gopalpur Port. SP Port Maintenance is a fully owned subsidiary of SP Imperial Star. The remaining shares are owned by
Mundra Port, Garhi Harsaru ICD get DGFT nod for new vehicle imports
NEW DELHI : The government has added Mundra Port and Garhi Harsaru Inland Container Depot (ICD) to the list of terminals through which import of new vehicles is allowed, according to a notification. With the addition of two
GTI welcomed maiden call of ME2 service
MUMBAI : GTI welcomed the maiden call of the ME2 service this week. The ME2 service, operated by Maersk is a premium service for export of grapes from
JSW Infra to spend up to Rs 7,000 crore to boost cargo handling capacity
MUMBAI : India’s second-largest private port operator, JSW Infra aims to spend INR 6000-7000 Crore towards expanding its cargo handling capacity by over 40% (nearly 250 Million Tonnes) over the next 3-4 years. The company plans to invest
JSW Infrastructure Q3 profit doubles on higher cargo volumes, tariffs
MUMBAI : Private port operator JSW Infrastructure reported a more-than-two-fold surge in third-quarter profit on Friday, boosted by a rise in cargo volumes and higher tariffs. The company’s consolidated net profit rose to Rs