Ports
Average turnaround time of major Indian ports nearly halves in 10 years
04 Dec 2024
The average turnaround time for the major ports in India has nearly halved to 48.06 hours in 2023-24 from 93.59 hours in 2013-14.
Goa to be developed as cargo and cruise hub
03 Dec 2024
The central government is investing Rs101.72 crore for developing international and domestic cruise terminals, besides a ferry terminal at Goa’s Mormugao Port
US port workers call off strike after tentative wage deal with employers
04 Oct 2024
US port workers across the East Coast and the Gulf of Mexico called off their three-day strike on Thursday, following a tentative deal with the employers group
PM inaugurates Tuticorin International Container Terminal
18 Sep 2024
Prime Minister Narendra Modi on Sunday inaugurated the Tuticorin International Container Terminal at the VO Chidambaranar Port in Tamil Nadu
Adani Ports acquires 80% stake in Astro Offshore for $185 m in cash
03 Sep 2024
Adani Ports and Special Economic Zone (APSEZ) has entered into a definitive agreement with Astro Offshore under which it will acquire a majority stake in the offshore support vessel operator for $185 million, in cash.
Modi dedicates 3 major projects at Cochin Shipyard to nation
17 Jan 2024
Prime Minister Narendra Modi today inaugurated three major projects at the Cochin Shipyard Ltd, involving total investment of Rs4,000 crore.
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Adani to sell 49% stake in Ennore container terminal to MSC arm
18 Dec 2023
Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday announced a strategic partnership with Terminal Investment Limited (TiL), the container terminal operating and investing arm of Mediterranean Shipping Company (MSC), for the operation of Adani Ennore Container Terminal Pvt Ltd (AECTPL).
Adani Ports is in advanced talks to acquire Gopalpur Ports in Odisha
07 Dec 2023
Adani Ports and Special Economic Zone (SEZ) are reportedly in advance discussions with Shapoorji Pallonji Group to acquire Gopalpur Ports in Odisha.
The U.S. government probed Hindenburg claims before $553 million Adani loan
05 Dec 2023
The U.S. government has dismissed the corporate fraud allegations made by short-seller Hindenburg Research against Indian billionaire Gautam Adani.
Adani Group nears Rs 11 lakh crore market cap amid ongoing investigation in the Adani-Hindenburg case
28 Nov 2023
In a remarkable market recovery witnessed on Tuesday, 28 November 2023, shares of various Adani Group entities, propelled the market capitalization of the Gautam Adani-led conglomerate close to the Rs 11 lakh crore mark.
JSW gets mandate to develop Keni Port in Karnatakai
18 Nov 2023
The Rs4,119-crore Keni Port, which is designed to handle cape-size vessels, will have an initial capacity of 30 million tonnes and serve exporters in the North Karnataka region
The US pledges a $553 million investment in the Adani-owned Sri Lanka port to curb Chinese Influence
08 Nov 2023
In a strategic move aimed at countering China's influence in South Asia, the United States has pledged a substantial $553 million in financing for the development of a port terminal in Sri Lanka's capital, Colombo.
JNPA handles record 5.68m TEUs in FY 2021-22
12 Apr 2022
Vadhavan to be developed as India’s 13th major port
01 Jan 2022
The Vadhavan port has a natural draft of about 20 metres close to the shore, making it possible for it to handle bigger vessels. Development of this port will enable cargo container vessels of 16,000-25,000 TEUs capacity
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