Demand for port capacity to outpace expansion: Drewry Maritime Research
Companies are mounting challenges to enter the big league based on strong cash positions. Incumbent operators need to be ready to face competition.
Strike affects commercial capital, port operations hit
The one-day strike call given by 11 central trade unions affected the commercial capital with commercial banks reporting lower attendance.
Hindujas, DP World to invest Rs 200 cr in healthcare
Hinduja TMT Ltd and its joint venture partner UAE's DP World will invest Rs 100 crore each to enter the healthcare sector.
DP World looks to buy, expand ports in India & China
DP World, thwarted in an attempt to expand in the US, is seeking to buy or expand port facilities in China and India as trade booms in the world’s two-fastest growing major economies.
Shipping ministry to raise Rs 2,100 crore via tax-free bonds
The official added that the two ports have been given a go ahead first as they have a credit rating in place.
UAE donates $ 1.4 million to Counter-Piracy Trust Fund
The UAE has pledged to contribute USD 1.4 million to the international Counter-Piracy Trust Fund, which is financial instrument to implement projects against maritime piracy.
Fight for cabotage to be an uphill task for INSA
While the ministry plans to relax the policy, the ogranisation is finding its programmes and strategies stand completely exposed.
Key issues in acquiring US companies
Indian investors looking to invest in US companies should be aware of certain key regulatory and structuring issues that require proper planning and preparation.
No respite for Kerala UDF from ice-cream parlour case
In the state assembly today, opposition members were enraged when CPM member KK Shylaja brought up the matter and referred to Kunhalikutty as an accused in the case.
Jammu and Kashmir, Dubai Ports form JV for developing inland hubs
Sultan Ahmed Bin Sulayem and his team held separate meetings with Finance Minister Haseeb Drabu and Industries Minister Chander Parkash Ganga, followed by delegation level parleys with the concerned ministers and officials.
Maersk Line invests heavily to secure its operations from cyber-attacks
"We have revised our system architecture to reduce some amount of the risks," Maersk Line India managing director Steve Felder said.
Jawaharlal Nehru Port Trust handles 3.9 lakh TEUs of container traffic in November
The port registered a 5.76 per cent growth in container handling during April-November 2017 as compared to the same period last year.
GST, infrastructure status lift spirit of logistics companies
The move has prompted many companies to invest more in the logistics sector and hire the right talent to steer it.
PSA India to commission first phase of its terminal at JNPT by December 2017
The remaining capacity of the terminal will be constructed over the next 4 years and is expected to get completed by the end of 2021.
Gujarat Pipavav Port put up for sale by APM Terminals
It has mandated HSBC to run a formal sale process and find a new buyer, said multiple sources aware of the development.
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