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TRANSHIPMENT OPERATIONS
Adani Ports shares snap 2-day fall, rise over 1% after Goldman Sachs raises target priceShares of Adani Ports saw an uptick on Friday after Goldman Sachs reaffirmed its ‘Buy’ rating and raised the target price to Rs 1,870. Stro...- CBIC allows remote clearance for sea cargoThe Central Board of Indirect Taxes and Customs has introduced new procedures for vessel entry and departure. Customs officers will now gra...
- Adani Ports to invest Rs 16,000 cr in Vizhinjam Seaport phase 2 developmentAdani Ports will undertake the second phase development of Vizhinjam seaport. This expansion, costing around Rs 16,000 crore, aims to estab...
- Air cargo companies seek custom-fit tag for transhipment goodsIndia had set itself an ambitious target to handle 10 million metric tonnes of air cargo by 2030. Shipments in and out of Indian airports w...
- Gati expects 18-20 pc increase in festive season demand this yearLogistics firm Gati expects an 18-20% increase in demand during the festive season, particularly in e-commerce and white goods segments. Th...
- Gautam Adani meets Sri Lankan President Wickremesinghe, discusses Colombo port, other projectsAdani Group Chairman Gautam Adani held a meeting with visiting Sri Lankan President Ranil Wickremesinghe to discuss multiple projects in th...
- Adani Group chairman Gautam Adani calls on Sri Lankan PresidentAhmedabad-headquartered Indian multinational conglomerate Adani Group last month entered into an agreement with the Lanka government owned ...
- Adani Ports has bagged the contract to develop and operate West the Container Terminal in ColomboAdani Group subsidiary Adani Ports and Special Economic Zones Ltd (APSEZ) has bagged the contract to develop and operate West the Container...
- Adani Ports gets initial nod to develop container terminal in ColomboThe Colombo Port is already the most preferred regional hub for transhipment of Indian containers and mainline ship operators with 45% of C...
- KPT should develop separate Dock System: Assocham paperThe paper also suggested that since KPT does not permit transhipment cargo, thus either Dhamra Port or Ennore Port should be developed as t...
- Government plans waterway freight corridor via Bangladesh to northeastern statesIndia and Bangladesh share a 4,095-km border, of which 1,116 km is along rivers. Krishna said Bangladesh plans to use Indian ports as trans...
- Adani Ports to study greenfield port project in MalaysiaAdani Ports signed a memorandum of understanding with Malaysia's MMC Ports to do feasibility study of the Carey Island Port Project as an e...
- Adani Ports to complete terminal expansion at Mundra next yearAICTPL is a joint venture with Terminal Investment (part of Swiss-based Mediterranean Shipping Company, the second largest shipping liner i...
- What India needs now is fewer ports with higher capacity: Franck Dedenis, MD India, Maersk LineMaersk Line, the world's biggest container shipper, controls an 18.9% market share in India. The company shipped 1.7 million TEU (twenty fo...
- Adani to develop transhipment hub at Mundra with Swiss co armThe expansion of AICTPL will position Mundra as the major transhipment hub in the country providing congestion free and cost effective solu...
- Government to consider Kerala's request on Vizhinjam port about cabotage relaxationCabotage laws are under active consideration of Prime Minister Narendra Modi as a way to develop transhipment hubs on the Indian coastline.
- Chennai Port Trust wins battle against DP World over output targetThe Madras High Court has ruled in favour of the Chennai Port Trust in a dispute with the DP World-run Chennai Container Terminal over non-...
- Outsourcing is becoming an increasingly essential tool in shipping industry: Pradeep Mishra, Inchcape Shipping ServiceCommander (Retd) Pradeep Mishra, country general manager of the Indian arm of Inchcape Shipping Service (ISS) talks about the journey of th...
- VRL Logistics draws up Rs 1100-cr expansionIndian logistics major VRL Logistics is on course for a major expansion of its facilities in India with an estimated investment of Rs 1,100...
- Indian shipper to relocate shipments to Singapore portOrient Express Line (OEL), one of India's biggest feeder ship operators, will relocate 60 per cent of its shipments from eastern India to t...
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