Ports

Mumbai: Port Wings News Network: Adani Ports and Special Economic Zone Ltd (“APSEZ”), the largest transport utility in India, on 8 August announced its results for the first quarter of FY2023. “Q1 FY23 has been the strongest quarter in APSEZ’s history, with a record cargo volume and highest ever quarterly …

Chennai: Port Wings News Network: International Container Terminal Services, Inc. (ICTSI) reported unaudited consolidated financial results for the first half of 2022 posting revenue from its global port operations of US$1.06 billion, an increase of 20 percent from the US$882.6 million reported for the first six months of 2021; Earnings …

Mumbai: Port Wings News Network: A high-level delegation from Iran visited Jawaharlal Nehru Port Authority (JNPA), India’s best performing port, to take Iran-India trade relations to new heights. The delegates from Iran highlighted the contribution of India in developing Chabahar Port and elevating the logistics value chain, along with the …

Mumbai: Port Wings News Network: The Union Minister of Ports, Shipping & Waterways (MoPSW) and Ayush, Sarbananda Sonowal on 31 July affirmed India’s commitment towards unlocking the trade potential with the Central Asian region through the use of Chabahar Port in Iran. The Union Minister was interacting with the high …

Mumbai: Port Wings News Network: Jawaharlal Nehru Port Authority (JNPA), India’s best performing Port, in association with Bank of Baroda (Bank), one of India’s leading public sector banks has signed an agreement whereby Bank of Baroda will provide JNPA with Baroda DigiNext Cash Management Services and digitize the port authority’s …

Mumbai: Port Wings News Network: PSA Mumbai achieved a significant milestone of 4 million TEUs on 22nd July 2022 since the start of the terminal’s operations in Feb 2018. The key milestone of 4 millionth TEU was handled on vessel Maersk Genoa. PSA Mumbai is further expanding the terminal capacity …

New Delhi: Port Wings News Network: The PPP mode of investment in Indian ports has made a remarkable progress in the last 25 years, beginning from the Jawaharlal Nehru Port (JNP), resulting in the capacity addition and productivity improvement. The sustainability of the first agreement between the concessioning authority and …

Mumbai: Port Wings News Network: Deendayal Port Authority, the No. 1 Major Port in India located in Kutch District of Gujarat state in western India, to enhance its status as the country’s number 1 cargo handling port, is set to develop two Mega Cargo Handling Terminals on a BOT basis …

Mumbai: Port Wings News Network: Jawaharlal Nehru Port Authority (JNPA), India’s best performing Port, conducted JNPA 33rd Annual Awards on July 5, 2022, at the Maritime Public-Private-Partnership Conclave. Shri Shripad Naik, Minister of State for Ports, Shipping and Waterways & Tourism, Government of India was the guest of honor for …

Mumbai: Port Wings News Network: APM Terminals Pipavav, India’s most efficient and environment friendly port has scalable landside and marine side. The port has recently developed a new warehouse within the port and has developed warehouse close to the port to accommodate customers’ additional cargoes. With the focus on warehousing …

Chennai: Port Wings News Network: Executives at AD Ports Group have confirmed that its flagship deep-water port, Khalifa Port, has been ranked in the top five of the global Container Port Performance Index (CPPI) developed by the World Bank and S&P Global Market Intelligence. The ranking is based on time …

Chennai: Port Wings News Network: PSA International Pte Ltd has secured a “stay” from the Supreme Court against the termination order issued by V O Chidambaranar Port Authority on PSA-Sical Terminals Ltd, the container handling terminal majority owned by the Singapore government unit, according to a news report in The …

Visakhapatnam: Port Wings News Network: Jawaharlal Nehru Port Authority (JNPA) has awarded the maintenance of Mumbai & JNPA navigational channel to DCIL that includes dredging of 20 Million Cubic Meter Plus or minus 20 percent yearly with the project cost of about INR 250 Crores per year. Ministry of Ports …

Mumbai: Port Wings News Network: On World Environment Day, Jawaharlal Nehru Port Authority (JNPA), India’s best performing Port, inaugurated Continuous Air Quality Monitoring Station Display Board at Administration Building. Furthermore, Shri Sanjay Sethi, IAS, Chairman, JNPA and Shri Unmesh Sharad Wagh, IRS, Dy. Chairman, JNPA, along with all the HoDs, …

Chennai: Port Wings News Network: DP World and CDPQ, a global investment group, on 6 June announced that an investment of US$5 billion (CA$6.3 billion) in three of DP World’s flagship UAE assets. CDPQ will invest US$2.5 billion in the Jebel Ali Port, the Jebel Ali Free Zone and the …