NEW DELHI : Several ports across India have dragged the Customs Department to Court over the invocation of statutory power of the agency to demand that the ports pay salaries of staff posted at
VISHAKHAPATNAM : The Andhra Pradesh Maritime Board Chairman Mr. Kayala Venkata Reddy said that keeping in mind the industries’ requirements and cargo demand, Chief Minister Shri YS Jagan Mohan Reddy has set special focus
VISAKHAPATNAM : With the Andhra Pradesh government approving Adani Ports and Special Economic Zone Limited’s (APSEZ) proposal of acquisition of 10.4 percent stake of Gangavaram Port Limited (GPL), the landscape of maritime transport is
AHMEDABAD : Adani Ports and Special Economic Zone Ltd. (APSEZ) informed exchanges on Tuesday that it received approval from the Andhra Pradesh Government for the proposed acquisition of the latter’s 10.4% stake in Gangavaram
India’s strategic location, enveloped by the world’s busiest maritime route in the Indian Ocean, marks the importance of its shipping industry which facilitates 95 percent of India’s international trade by volume. Therefore India is
GANDHIDHAM : The Deendayal Port Trust held its Board Meeting No.3 of 2021-22 on 16/08/2021. The following trustees, apart from Shri Sanjay Mehta, IFS, Chairman, attended the meeting:- Shri Arvind Chaudhary, IES, Economic Advisor,
PANAJI : The Mormugao Port Trust (MPT) lacks efficient infrastructure to meet the needs of modern container vessels, its interim Chairman Mr. Rajiv Jalota said. The port is going to install an efficient harbour shore crane
Highest YoY quarterly growth of 83% against all India cargo growth of 33%. Achieved 76 MMT cargo volume. Market share in All India cargo increased by 310 bps to reach 28.6% Market share in
GANDHIDHAM : Deendayal Port Trust inaugurated Server Room and Training Hall at Kandla & initiates User Acceptance Test for the ERP Project, as part of ‘Ease of Doing Business Initiative’ of Govt. of India.
Adani Ports and Special Economic Zone (APSEZ) raises USD 750 Mn. of dual tranche 10.5-year and 20-year unsecured bonds in global capital markets Issuance increases the average life of long-term debt to over 7