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Ports Industry News

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Wednesday 13th Dec 2023   228
Salvage Success: Stranded Cargo Vessel Rescued Near VOC Port
 

In a notable example of maritime experience, a cargo ship stranded near the VOC port has been successfully recovered, avoiding potential environmental risks and restoring port operations to normal.....

 
 
Monday 11th Dec 2023   226
PPAC Backs VOC Ports Rs 70.56 Bn Terminal Project
 

V O Chidambaranar Ports (VOC), under the Union government, received support from the Public-Private Partnership Appraisal Commission (PPPAC) for its Rs 70.56 billion outer port terminal project. This crucial....

 
 
Saturday 9th Dec 2023   247
Adani is about to acquire Gopalpur ports from Shapoorji Pallonji in Odisha
 

The Adani Group is on the verge of acquiring Gopalpur ports in Odisha from Shapoorji Pallonji, a development that is set to reshape the region's maritime landscape. This strategic....

 
 
Friday 8th Dec 2023   226
Patenga Container Terminal: Saudi firm RSGTI takes over operations
 

Chattogram Port Authority (CPA) has signed a landmark agreement with Red Sea Gateway Terminal International (RSGTI) to operate the newly built Patenga container terminal. This marks a significant development....

 
 
Thursday 7th Dec 2023   246
Visakhapatnam port achieves all-time records in alumina processing
 

Visakhapatnam Port has achieved a major milestone in its operational history by successfully processing a record quantity of alumina. This notable achievement not only highlights the port's operational efficiency,....

 
 
Saturday 25th Nov 2023   220
Goldman Sachs ups Adani Ports' stock price target to Rs 855. Here's why
 

Goldman Sachs has maintained its 'Buy' rating on Adani Ports & Special Economic Zone Ltd (Adani Ports) and revised its target price on the stock to Rs 855 compared....

 
 
Monday 9th Oct 2023   232
China's export dominance to push container repositioning: Drewry
 

A world with a more diverse manufacturing base would curtail or stop the costly rise of empty container moving over long distances on the major east-west routes, which according....

 
 
Saturday 7th Oct 2023   217
Shantanu Thakur launches dredging at NW-44, Ichamati River, West Bengal
 

The Ministry of Ports, Shipping and Waterways has been actively involved in the development and modernisation of national waterways, with the aim of promoting inland waterway transport as a....

 
 
Friday 6th Oct 2023   226
10% busy season charge on container traffic roils trade
 

Trade dissatisfaction is growing in response to the Indian Railways' recent decision to impose a 10 per cent Busy Season Charge on container traffic, with private ports and terminal....

 
 
Friday 6th Oct 2023   226
APSEZ records robust 26% YoY growth, crossing 200 MMT milestones
 

In September, Adani Ports and Special Economic Zone (APSEZ) experienced a remarkable 26% year-on-year increase in total cargo volumes, to 32.8 million tonnes (MMT). This growth included all cargo....

 
 
 
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