Bringing all the 12 ports under a holding company for listing makes the valuations even bigger, suggests a consultant MUMBAI : Two large mergers and acquisitions deals in the ports sector involving Adani Group
Adani Ports had earlier announced the acquisition of 58.1% stake in the port, located in the northern part of Andhra Pradesh, from D.V.S. Raju and family for ₹3,604 crore New Delhi: The Competition Commission of
AHMEDABAD : 14th April, National Fire Service Day is observed by DPT fire service at Old Kandla fire station to pay homage to those brave Fire Fighters, who sacrificed their lives in line to
LOS ANGELES : Truck drivers at Los Angeles and Long Beach ports, represented by the Teamsters union, started strike action against Universal Logistics Holdings (ULH) this week. According to the Teamsters website, ULH-affiliated companies
KOLKATA : Despite cargo traffic volume coming down 4.14 per cent, the port managed to log in a 7.3 per cent rise in revenue and a 26 per cent hike in surplus, backed by
NEW DELHI : Hit by disruptions caused by Covid-19, India’s 12 major ports witnessed a 4.59 per cent fall in cargo handling to 672.60 million tonnes (MT) in the just-concluded financial year, according to
IRAN : Even though the Trump administration gave India the ‘Afghanistan reconstruction’ exception from its punitive Iranian sanctions, India largely stopped work on the project until late 2020. After a brief halt, India accelerated
However, shipping lines have opposed the hike in marine charges at Mundra MUMBAI : Mundra Port, India’s biggest commercial port by volumes and the flagship of Adani Ports and Special Economic Zone Ltd (APSEZ)
The Port of Melbourne (PoM) and Victoria International Container Terminal (VICT) welcome the container vessel Soroe Maersk, the longest vessel to call at the port. MELBOURNE : Maersk deployed the Soroe Maersk to Sydney
MUMBAI : India’s first cargo from Guyana, a million-barrel shipment of crude oil has arrived at Mundra Port.Equipped with two single point mooring facilities,Mundra Port is capable to handle very large crude carriers and