Press Release Jun 01, 2016 Kale launches mobile app Kale Logistics Solutions which developed India´s first Container Digital Exchange- CODEX operational at Tuticorin Port, announced the launch of a Container Tracking Mobile App-CODEX for various container stakeholders operating at Tuticorin Port.
Transport Update Jun 01, 2016 India´s Central Asia dreams to set sail from Chabahar In what was arguably the most important foreign visit of the year for Prime Minister Narendra Modi, he signed a dozen deals with Iran. Emerging from decades of sanctions, Iran could soon be the most happening place for trade in the near future. Modi signed deals covering exchange visits by think tanks to a trilateral agreement between India, Afghanistan and Iran for a trade treaty to develop the Chabahar port.
Transport Update Jun 01, 2016 Govt targets 120 mt capacity addition in ports Union Shipping Minister Nitin Gadkari has set an ambitious target of capacity addition at 12 major ports by 120 million tonne in 2016-17. These ports had added the highest-ever capacity of 94 million tonne in 2015-16.
Transport Update Jun 01, 2016 Major ports handle 603.37 mt in FY16 | Govt Total cargo handled by major ports increased by 4.3 per cent to 606.37 mn t last fiscal as against 581.34 mn t in 2014-15, Parliament was informed.
Feature Jun 01, 2016 We are cautiously optimistic about a positive future At IRClass, in the last 12 months, we have seen growth in our top line. However, the global slump in oil prices, the dip in offshore productions, China´s slowdown, and India´s mining crisis, have inevitably resulted in pressure on industry revenue streams.
Feature Jun 01, 2016 We need an integrated approach towards capacity addition, hinterland connectivity For a country of Indias size and complexity, where 95 per cent of trading by volume and 70 per cent by value is done through sea, it is very important to develop a sustainable maritime transportation system for economic growth and inclusive development.
Finance Update Jun 01, 2016 Essar Shipping Q4 net loss narrows Essar Shipping said its consolidated net loss narrowed to Rs.151.66 crore for the quarter ended March 31, 2016. The firm had posted a net loss of Rs.159.69 crore in the year-ago period, it said in a filing.
Finance Update Jun 01, 2016 Guj to get Rs.2 lakh cr for infra | Gadkari Centre will allocate Rs.2 lakh crore to Gujarat for the development of roads and ports during the next three years, Union Minister Nitin Gadkari has said.
Transport Update May 01, 2016 New Bill for PPP projects in ports The government will table a new Bill to facilitate a model agreement for PPPs in ports. ¨In the next two months, we will have a new model agreement, hopefully by June 30.