India’s east coast ports operation disrupts off the back of Cyclone Michaung
CHENNAI : Volunteers waded through stagnant water to hand out food and supplies, and some manufacturing plants remained shut in India’s southern tech-and-auto hub district of Chennai on Friday, four days after Cyclone Michaung
Adani Ports to exceed FY24 guidance of 390 MMT
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ), India’s largest port developer and operator, will exceed its guidance of 370-390 million metric tonne (MMT) for FY24 and is on track to cross 500
Adani Ports looks to buy SP Group’s Gopalpur Port in Odisha
AHMEDABAD : Adani Ports and SEZ is reportedly in talks with Shapoorji Pallonji Group to acquire its Gopalpur Ports in Odisha for up to Rs 1,100-1,200 crore in equity value. SP Ports Maintenance owns
DP World targets 60% Renewable Power at Indian Terminals by 2026
MUMBAI : DP World has announced a new sustainability target in India, aiming for at least 60% of the energy required at its terminal operations to come from renewable power sources by 2026. Inspired
Board Meeting of Adani Ports’ on December 12, to consider raising funds
AHMEDABAD : Adani Ports and Special Economic Zone on Wednesday said its board will meet on December 12 to consider a proposal to raise funds through the issue of non-convertible debentures or issue or
Vizhinjam International Seaport successfully unloads 10 container handling cranes
THIRUVANANTHPURAM : Marking a significant step towards port operation, the Vizhinjam International Seaport in Kerala has taken delivery of 10 giant cranes, comprising eight yard cranes and two ship-to-shore cranes. The last ship, Zhen Hua
VOC Port’s Rs 7056 Cr outer harbour box terminal gets PPPAC nod
THOOTHUKUDI : Union Government-owned V O Chidambaranar Port Authority located in Tamil Nadu’s Thoothukudi district has secured backing from the Public-Private-Partnership Appraisal Committee (PPPAC) to build a 4 million twenty-foot equivalent units (TEUs) capacity
2,826 kg of drugs seized at ports, in coastal waters this year
NEW DELHI : Narcotics hauls and drug busts across India’s ports and coastal waters have led to seizure of 2,826 kg of banned substances so far in 2023. Methamphetamine accounted for 99 per cent