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Major ports adopt solar technology

Major ports adopt solar technology

The drive for the deployment of solar energy in India has gained further momentum as the Ministry of Shipping has recently announced that it is planning to install 82.64 MW of utility-scale solar power plants at the country´s 12 major ports.

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Govt to open automobile clusters near ports

Govt to open automobile clusters near ports

Union Minister for Road Transport, Highways and Shipping, Nitin Gadkari has said that the government is planning to develop automobile clusters near port areas. He said that port-led development under the Sagarmala project is expected to attract Rs 12 lakh crore worth of investment.

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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.