Container volume at major ports in India tumbled 4.5 per cent year-over-year in the first half of fiscal year 2013-14, but total cargo throughput was up 2.3 per cent, according to preliminary figures released by the Indian Ports Association (IPA).
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Container traffic dips in Seattle, Tacoma ports
The combined container volume of Seattle and Tacoma ports in August was 2,96,28,920-foot-equivalent units, declining 5.5 per cent from 313,602 TEUs in August 2012, say media reports.
Shares of Gujarat Pipavav Port change hands
Recently, a bunch of shares of ` Port changed hands in the Bombay Stock Exchange (BSE). On May 13, 2013, a bulk deal of 2.80 lakh shares of the firm was executed at Rs 47.50 per share. On the same day, another bulk deal of 11.62 lakh shares was struck, reports suggest. The small-cap company has an equity capital of Rs 483.44 crore. Face value per share is Rs 10