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January 13, 2021

JN Port becomes First Major Port to sign Distribution Franchisee Agreement with MSEDCL (State Discom)

Ports, Trending News
NAVI MUMBAI: Jawaharlal Nehru Port Trust (JNPT), India’s premier container port has entered into Distribution Franchisee Agreement with Maharashtra State Electricity Distribution Company Limited (MSEDCL) through a Memorandum of Understanding (MoU) for supply of
January 13, 2021

Essar Ports will report almost similar numbers in FY2021 as FY2020 in cargo throughput : CEO – Rajiv Agarwal

Ports, Trending News
MUMBAI: Demand supply mismatches impacted shipping volumes initially, the lockdown impacted cargo and manpower movement, and social distancing with enhanced safety checks impacted productivity, says Mr. Rajiv Agarwal, CEO and Managing Director, Essar Ports,
January 13, 2021

DP World lays foundation stone for Free Trade Zone in Mumbai

Trade, Trending News
MUMBAI: Global logistics company DP World has started construction of its Nhava Sheva Business Park (NSBP) Free Trade Zone (FTZ) in Mumbai. The Rs 1000 Cr DP World FTZ investment comes under the Hindustan
January 13, 2021

New Foreign Trade Policy will be rolled out from April 1, says govt

Trade, Trending News
India’s new Foreign Trade Policy, under formulation, will come into effect from April 1, 2021 for five years and will strive to make the country a leader in international trade, the government said on
January 12, 2021

Shipping Corporation of India to tie up with IWAI to start Coastal services

Shipping, Trending News
MUMBAI/KOLKATA: State-run Shipping Corporation of India (SCI) will collaborate with Inland Waterways Authority soon to commence coastal shipping services, a company official said recently. The Coastal Shipping activities will be undertaken by its wholly-owned
January 12, 2021

Mansukh Mandaviya visits 5th Oil Berth, Domestic Cruise Terminal of MbPT

Logistics, Trending News
MUMBAI: Shri Mansukh Mandaviya, Hon’ble Minister of State for Ports, Shipping & Waterways (Independent Charge) and Chemical & Fertilizers paid a visit to the Kanhoji Angre Island, 5th Oil Berth (JD-5), Domestic Cruise Terminal,
January 12, 2021

JNPT container traffic reaches 2-year high in December

Ports, Trending News
Container traffic at Jawaharlal Nehru Port Trust spiked 9.9 per cent to 4,59,920 TEUs (twenty-foot equivalent unit) in December 2020 as compared to the year-ago period, the port operator said on Monday. The overall
January 12, 2021

DP World signs agreement with Israel’s Allalouf Logistics

Ports, Trending News
Dubai DP World’s port-centric logistics arm Smart Solution Logistics (SSL) has signed an agreement with Israel-based Allalouf Logistics to explore new growth opportunities for the logistics and general freight forwarding business in the UAE
January 12, 2021

Adani Ports and SEZ Rating: buy- Momentum in volumes is likely to be sustained

Ports, Trending News
We believe the volume rebound is less attributable to pent-up demand and is sustainable Adani Ports & SEZ’s (APSEZ’s) volume recovery (13% in past six months) symbolises a Nike Swoosh or V shape? Regardless
January 11, 2021

World Bank eyes Kolkata as a potential Logistics Hub

Logistics, Trending News
The World Bank is in the process of tapping into the city of Calcutta’s immense potential to emerge as a key transport and logistics hub linked to the north eastern region and neighbouring countries,
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