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Shipping Ministry to award 30 port projects this fiscal
Shipping Min will award 30 port projects during the current financial year, which are likely to come up at an investment of about Rs 25,000 crore.
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.
Delay in chairman’s appointment hits JNPT decongestion, expansion plans
Delay in finalizing a new chairman to replace L Radhakrishnan may aff...
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.
Budget 2013: Government to set up two new ports, increase capacity at Tuticorin Port
FM P Chidambaram said while presenting the Budget 2013 that two new major ports will be set up in WB and AP, to increase port capacity.
Government bars Adani Port, Gammon, Lanco, Punj Lloyd and IVRCL from Tamil Nadu port projects
The development is the latest in a series of setbacks that port operators have faced over the past few years due to denial of security clearance.
No regulator-fixed tariffs for new major ports: Ministry
To boost private sector investment in state-owned ports, the Shipping Ministry today said it has taken an "in-principle" decision to abolish the tariff setting regulator's oversight for new projects.
Denmark’s APM leads race to buy Dhamra port stake
Dhamra Port, jointly promoted by infrastructure conglomerate Larsen and Toubro and Tata group has been holding talks with several port operators including Adani Group.
Adani, Essar to bid for Chennai's Rs 4,000 crore project
The mega container terminal was envisaged as the largest container terminal on the east coast and will be able to handle ultra-large container vessels.
Jawaharlal Nehru Port Trust awards 330m terminal project to Dubai Ports World
JNPT Chairman L Radhakrishnan presented the formal Letter of Award for the container project to DP World Chairman at a ceremony held on Tuesday.
Dubai Ports World emerges as lone bidder for construction of JNPT container berth
JNPT will refer a bid submitted by DP World to ministry of shipping, after it emerged as lone bidder for construction of a berth at the port.
Strike may lead to congestion at Jawaharlal Nehru Port Trust from Monday
The latest call for strike comes at a time when JNPT is facing capacity concerns. The port has been unable to build a new container terminal to meet the increasing demand.
Employees of Gateway Terminal at JNPT to go on strike from Monday
Jawaharlal Nehru Port Trust, is likely to face congestion as workers of Gateway Terminal have threatened to go on strike.
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.
Addressing regulatory and development risks key to draw funding to port sector
India's maritime sector is intricately linked with its economic activity and has been a critical contributor to its competitive position in global trade.