Almost 80 per cent of Colombo’s container traffic represents cargo transhipped from Indian ports. One year after India’s first ICTT was commissioned, transhipment transactions have been almost insignificant. Will the terminal’s second year be any different?
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RIL withdraws from Oman
Reliance Industries (RIL) has withdrawn from an offshore oil exploration block in the Sea of Oman.
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Case study: How India's largest airport project was fast-tracked
Collaboration has not caught up in India. Fraught with lack of transparency at all levels, both public and private projects languish in needless delays.
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Logistics: A much needed transformation
Among other firsts, Vallarpadam ICTT will also trigger a stream of business activities in its immediate neighbourhood. NA Muhammed Kutty, explains why India’s first transhipment terminal will transform the face of the logistics industry.
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The Gamechanger
After a 20-year wait, the brand new ICTT at Vallarpadam is all set to be Kerala maritime’s best brand ambassador yet, further transforming the maritime and logistics landscape of the region. Shashidhar Nanjundaiah writes from Vallarpadam.
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The aim is to both have and avoid transhipment
As container handling operations begin at the Vallarpadam terminal around noon on 18 February, G Krishnakumar, Deputy Chairman, Cochin Port Trust, pauses his interview with Shashidhar Nanjundaiah, and looks out the expansive windows of his office—overlooking the CPT-owned terminal—for the understated but historic moment.
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IndiGo order: The best laid planes
IndiGo made history in the world of commercial aviation with the largest single firm order for big jets ever placed, but says it has not decided how it will finance the deal.
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Ministry proposes SPV on the lines of DP World, PSA
The shipping ministry has proposed to set up a new special purpose vehicle–Indian Ports Global–that would invest in ports abroad and become a global power in the port sector, worldwide.
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