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Adani Group to invest in Colombo Port Terminal: Sri Lankan President

COLOMBO: In his Government’s first admission yet of Indian involvement in developing a container terminal at the strategically coveted Colombo Port, Sri Lankan President...

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

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...

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

MUMBAI: Demand supply mismatches impacted shipping volumes initially, the lockdown impacted cargo and manpower movement, and social distancing with enhanced safety checks impacted productivity,...

DP World lays foundation stone for Free Trade Zone in Mumbai

MUMBAI: Global logistics company DP World has started construction of its Nhava Sheva Business Park (NSBP) Free Trade Zone (FTZ) in Mumbai. The Rs...

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

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...

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

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....

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

MUMBAI: Shri Mansukh Mandaviya, Hon’ble Minister of State for Ports, Shipping & Waterways (Independent Charge) and Chemical & Fertilizers paid a visit to the...

JNPT container traffic reaches 2-year high in December

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...

DP World signs agreement with Israel’s Allalouf Logistics

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...

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

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...

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