DP World promises ₹24,000 crore investments for Gujarat
GANDHINAGAR : Dubai-based DP World has promised to invest ₹24,000 crore in Gujarat for developing various logistic facilities in the state including a proposal to build a port at Nargol in South Gujarat. The
Govt is planning for national ranking of all ports amid rapid rise of private ports
NEW DELHI : The rapid growth of India’s private ports may prompt the Centre to come up with a national ranking of all ports. There are approximately 230 ports in the country. This would
Adani Gangavaram Port achieves another milestone by berthing deepest draft vessel
VISAKHAPATNAM : Adani Gangavaram Port the deepest and the most modern port in the country today achieved another milestone by berthing the deepest draft vessel at the port. The vessel MV TRUE COURAGE with
APSEZ expands Strategic Partnership with MSC
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ), the largest transport utility in India, has entered into a second strategic partnership with Terminal Investment Limited (TiL), the container terminal operating and investing
Essar to invest Rs 55,000 crore across Port, Power and Energy transition in Gujarat
GANDHINAGAR : Essar Group has signed three agreements with the Gujarat government to invest Rs 55,000 crore across port, power and energy transition ahead of the Vibrant Gujarat Global Summit 2024 and create more
Adani Ports mulls up to 10 billion rupees debt issue by March
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ) is mulling a fund raise of up to 10 billion rupees ($120 million) from a domestic rupee bond sale, its first since 2021, two bankers
APM Terminals sees record growth for API Data Feeds and accelerates roll-out
THE HAGUE : Encouraged by a 36% year-on-year growth for its real-time API data feeds, APM Terminals has added data sources for two further terminals, APM Terminals Pecém, Brazil and Aqaba Container Terminal, Jordan.
Ministry is focusing on creating market enabling environment for trade : Sonowal
NEW DELHI : Ministry is focusing on creating market enabling environment for trade. Ports act as gateways for International Trade. Ports are moving towards PPP model wherein the terminals/ berths are operated by Private