Icra downgrades loans to 2 container terminals
Indian rating agency Icra, an affiliate of Moody’s Investors Service, has downgraded long and short-term borrowings of two container terminal operators which had received unconditional guarantees from Dubai Port World or DP World, a subsidiary of Dubai World, the troubled holding company whose inability to pay lenders roiled markets world-wide.
Govt puts shipping sector on alert post Dubai financial crisis
The government today said it has sought detailed information from all ports associated with DP World to assess the impact of Dubai debt crisis on Indian shipping sector.
Dubai to exempt ports from DPW recast
The Dubai government has clarified that it would exempt the port operator arm from restructuring of the company.
Vallarpadam transshipment project spurs investor interest in Kerala
The upcoming International Container Transshipment Terminal (ICTT) at Vallarpadam is attracting large-scale investments and developmental activities to Kochi and its neighbourhood in Kerala.
Chennai Container Terminal charts expansion
Chennai Container Terminal (CCTL), the PSU operated by Dubai-based DP World on a 30-year contract, is planning expansion of operations through increasing its supply chain footprint in the country.
JNPT looks to expand operations overseas
Jawaharlal Nehru Port Trust is evaluating a plan to operate ports overseas, coupled with container terminals in other countries.
Nhava Sheva becomes India's first security certified terminal
Global marine terminal operator DP World's Nhava Sheva International Container Terminal(NSICT) in India,has become the country's first to achieve ISO 28000:2007 certification in supply chain security management systems.
Action and inaction
Privatisation of Indian ports has surely achieved one of its desired goals - of increasing inter and intra port competition.
Anchored to success- Mundra port
A world class port was just what was needed to change Mundra, a sleepy town on gujarat coast, into an industrial hub.
Power cut looms large over Nhava Sheva terminals
Shortage of power in Maharashtra is threatening to affect the leading container port of the country.
Port giants dock at Indian harbour
Port majors in countries like China, France and Britain are keen to invest in Indian ports. This could be towards setting up greenfield projects, improving productivity at existing ports.
Cos from Dubai, HK, China, Pak may be barred from port projects
The government has decided to ban all companies from Dubai, Hong Kong, China and Pakistan from investing in port infrastructure projects in the country.
Congestion refuses to budge out of Nhava Sheva
Congestion seems to be limping back to Jawaharlal Nehru Port, the country's premier container port, even as the port is continuously breaking new grounds in cargo handling.
Port trouble: Labour commissioner calls meeting on Monday
In the backdrop of the Dubai Ports World expressing concern at the frequent strikes on the Kochi port, the Regional Labour commissioner has convened a meeting of various union leaders.
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