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PIPAVAV TERMINAL EXPANSION
Jefferies upgrades Aegis Vopak shares to Buy, says correction overdone. Here’s whyShares of Aegis Vopak Terminals gained after Jefferies upgraded the stock to Buy despite lowering its target price to Rs 240. The brokerage...- MoU signed with Gujarat maritime board for investment of Rs 17,000 croreA Memorandum of Understanding (MoU) for a capital investment of Rs 17 thousand crores was signed by Gujarat Maritime Board and Gujarat Pipa...
- Maersk plans to invest $5 billion in Indian ports and landside infrastructureA.P. Moller Maersk plans to invest $5 billion in India’s ports, terminals, and landside infrastructure. The focus will include expanding th...
- APM Terminals awaits clarity on extension of Pipavav port lease: MDThe Hague, Netherlands-headquartered APM Terminals is the independent ports and terminals arm of Danish maritime giant A.P. Moller-Maersk G...
- APM Terminals keen on buying Reliance Naval and EngineeringOther plans include a 700-crore expansion of its own terminal to handle bigger ships, said Jakob Sorenson, managing director of Gujarat Pip...
- APM Terminals Pipavav's board approves Rs 700 cr expansion planAPM Terminals Pipavav currently has a capacity to handle up to 1.35 million TEUs of containers, 4-5 million tonnes of dry bulk cargo, 2 mil...
- Gujarat Pipavav Port put up for sale by APM TerminalsIt has mandated HSBC to run a formal sale process and find a new buyer, said multiple sources aware of the development.
- Shipping in India has huge potential and numbers showing the progress: Keld Pedersen, MD, Gujarat Pipavav Port" India has a 7,500-kilometre coastline and it is the right thing to focus on. We, as a port operator, will be able to play an important ro...
- Focus on growing all businesses; bulk segment in challenging environment: Keld Pedersen, Gujarat Pipavav Port"I think there is a focus on continuous improvements and continued focus on higher standards."
- Gujarat Pipavav Port to fund expansion via internal accrualsGujarat Pipavav Port today said it will now fund its expansion plans through internal accruals as it terminated loans from the multi-latera...
- Pipavav Port clips capital expansion target to Rs 460 croreIt said a slew of factors, including question marks over demand, led it to redraw the strategies and stop the capacity expansion on the bul...
- NGO to challenge green nod to Gujarat PipavavThe NGO, which had approached the National Green Tribunal against Gujarat Pipavav Port's Rs 1100 crore expansion plan, will be challenging ...
- Adani Ports, Visakha Container Terminal seek Cabotage reliefThese companies say that they are losing out on massive cargo volumes and port revenues because of the stringent coastal shipping rule.
- Aegis commissions Phase I of bulk liquid terminal at Haldia"Now with Phase I commissioning, five tanks will be operational and will have a storage capacity of 15,100 kl," the company said in a state...
- Gujarat Pipavav Port raises Rs 350 crore via private placementPipavav Port today said it has raised Rs 350 crore through a mix of qualified institutional placement and preferential issue of shares.
- Experts Favour plan to corporatise Jawaharlal Nehru Port TrustJNPT, which handles over 60% of the country's container cargo, had net profit of Rs 800 crore in financial year 2010-11.
- GPPL IPO ready with price band of Rs 42-48GPPL offer involves issue of equity shares of Rs 10 each for cash at a price band fixed from Rs 42 to Rs 48 per share aggregating to Rs 5,0...
- Gujarat Pipavav Port IPO of Rs 500 cr to hit cap market soonGujarat Pipavav Port Ltd (GPPL) today said its proposed Rs 500-crore initial public offer (IPO) is likely to hit the capital market soon.
- GSPC to enter LNG shippingAfter announcing the ambitious third LNG terminal in Gujarat, the state-owned Gujarat State Petroleum Corporation (GSPC) is now exploring b...
- Gujarat in cruise control to bridge gulflIntends to shorten travel time on sea by linking up several cities via ferry network.
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