National logistics policy at the ‘near-finalisation stage’: Special Secretary Logistics
The Commerce Ministry will soon be sending the draft National Logistics Policy to the Cabinet seeking approval for the same, Pawan Agarwal, Special Secretary Logistics, Ministry of Commerce informed. The Policy which was first proposed by the
Freight costs increase over 100%, exporters lose business
Freight shipping costs have been increasing over the last few months, causing exporters to lose business from several countries. Freight shipping costs have been going through the roof over the last few months, causing
AP govt lifts restriction in concession pact to clear stake sale in Kakinada Gateway Port-Business J…
The Andhra Pradesh government has allowed GMR SEZ and Port Holding Ltd to acquire 26 per cent stake in Kakinada Gateway Port Ltd (KGPL) and waived off a key clause in the port concession
Adani Ports’ Credit Profile Not Affected by Gangavaram Port Acquisition
There is no credit impact on Adani Ports and Special Economic Zone Limited (APSEZ, BBB-/Negative, underlying credit profile: bbb) from its proposed acquisition of a minority 31.5% stake in Gangavaram Port Ltd. (GPL) from
Logistics policy to go to Cabinet for approval, aims to ease goods movement
Indian industry pays a high logistics cost, hurting the competitiveness of domestic goods in the international market. The commerce ministry will soon seek the Cabinet’s approval for the national logistics policy, which aims to
Bangladesh building first refrigerated LPG terminal at deepsea Matarbari Port
Singapore — Bangladesh plans to build its first refrigerated LPG base terminal with around 30,000 mt of storage capacity to enable the bulk import of propane and butane in bigger refrigerated LPG vessels as
Concor places developmental order with BHEL, Braithwaite for ‘Made in India’ containers
Goyal pitches for Rlys’ production units to be used for making containers Container Corporation of India (Concor) has given developmental orders to Braithwaite & Company Limited and BHEL for 1,000 containers each. With 2,000
Shapoorji Pallonji ‘in talks to sell majority stake’ in Gopalpur Ports
Financially-stressed company looking for an exit from Gopalpur PortsFinancially-stressed Shapoorji Pallonji Group is said to have initiated moves to sell its majority holding in Gopalpur Ports Ltd. Adani Ports and Special Economic Zone Ltd