JSW Infra to acquire majority stake in PNP Port for ₹270 crore
MUMBAI : JSW Infrastructure said on Monday that it will acquire a majority stake in PNP Maritime Services (PNP Port) from Shapoorji Pallonji (SP) Group for a cash payment of ₹270 crore. JSW Dharamtar Port Private Limited, a wholly-owned
Adani International Container Terminal becomes first terminal to handle over 3 lakh containers in a …
MUNDRA : The joint venture at Adani Ports and SEZ in Mundra, Adani International Container Terminal Private Limited (AICTPL), has become the first terminal in India to handle 3,00,000 containers in a month in
Chennai ports shut as Cyclone Michaung approaches Indian coast
CHENNAI : All ports in Chennai region have closed operations until further notice on Monday (4 December), as a precautionary measure to deal with the Cyclone ‘Michaung’ threat. The cyclone is expected to make
Cochin Shipyard and Adani Group sign MoU for building green tugs
KOCHI : State-run Cochin Shipyard Ltd said it has signed a memorandum of understanding with the Adani Group for constructing green tugs after delivering the first of the two tugs ordered by Ocean Sparkle Ltd, now
Gateway Terminals India handled record volume in a single day by road
MUMBAI : Gateway Terminals India (GTI) handled 6210 TEUs by road on 25th November 2023, the highest volume handled in a single day at the terminal since its inception in 2006. Immaculate planning and seamless
JSW Infra signs pact with Karnataka for Rs 4,119 Crore Keni Port Project
MUMBAI : JSW Infrastructure on Wednesday said it has signed an agreement with the Karnataka Government to develop a Rs 4,119 crore greenfield port project in the southern state. The agreement has been signed
Third Chinese ship carrying crane docks at Vizhinjam International Seaport
THIRUVANANTHPURAM : The third Chinese vessel, carrying six-yard cranes from Nantong, China, docked at the under-construction Vizhinjam International Seaport in Kerala on Monday. The vessel, Zhen Hua 24, reached the port without any interruptions,
Ports in Kutch fuel green hydrogen mission
GANDHIDHAM : Kutch in Gujarat is a crown jewel in the port sector of not just the State but the entire country too. Deendayal Port (Erstwhile Kandla Port) in Kandla, a Major Port under