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Concor inaugurates port side container facility

Concor inaugurates port side container facility

Container Corporation of India has inaugurated port side container facility at Krishnapatnam Port. The company had earlier entered into a MoU with the Government of Andhra Pradesh to initiate three Multi-Modal Logistics Parks in Visakhapatnam, Krishnapatnam and Kakinada.

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Global port majors in talks to buy Ocean Sparkle

Global port majors in talks to buy Ocean Sparkle

Denmark“s Svitzer, Japan“s K Line and Australia“s Qube Logistics are among the strategic investors in talks with Hyderabad-based Ocean Sparkle to acquire a controlling stake in the company, in a deal valuing the Indian shipping firm about $450-500 million.

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Adani Ports to complete terminal

Adani Ports to complete terminal

Adani Ports and Special Economic Zone (APSEZ) Ltd aims to complete expansion of Adani International Container Terminal Pvt. Ltd (AICTPL) at Mundra port by 2017 to create a transhipment hub for the Middle East, South Asia and India.