In a reversal of trend, the major ports in the country have outpaced the non-major ones in cargo growth during the first six months of the current fiscal year.
Tag: Ports
Post
Post
Implications on infrastructure
The amount of Rs.800 cr budgeted for ports and inland waterways appears to be below the potential of these sectors. The Union Budget 2016-17 lists infrastructure among one of the four priority areas.
Post
JSW eyes port asset acquisitions
JSW Group is looking for port assets as part of a strategy to expand ports capacity, its CFO Seshagiri Rao said. ´
Post
No deals in shipping, ports for two years
Private equity firms have stayed away from investing in shipping, ports and logistics for two years in a row. ´PEs have stopped coming into the sector and there is no easy money for the shipping business,´ G Shivakumar, CFO, Great Eastern Shipping, said in the third quarter earnings conference call.
Post
Kannur airport to be operational in Sept
The upcoming Kannur International airport will commence commercial operations in September. The DGCA has given clearance and a defence aircraft is to touch down on February 29, Ports and Excise Minister K Babu told reporters. ´
Post
APM Terminals Pipavav announces Q3FY16 results
APM Terminals Pipavav (Gujarat Pipavav Port Ltd), operating one of western India´s gateway ports, today reported its financial numbers for the quarter ended 31st December 2015.
Post
Ministry of Shipping initiates Proj Green Port
Weighing in the environmental perspective for sustained growth, the Ministry of Shipping has started ´Project Green Ports´ which will help in making the Major Ports across India cleaner and greener.
Post
Govt to develop three new ports in 2016: Gadkari
As part of its plan to develop ports and boost maritime trade, the government would develop three major ports in the country this year.
Post
PPP projects 33percentage of total capacity of major ports-CAG
PPP projects have contributed only 33 per cent to toital capacity of major ports up to March 2014, thereby defeating the purpose of the PPP model, CAG has said.
Post
The stage is set for take-off. It´s time to execute
We have been working with them to put together the investment policy - what should be the objectives, focus, sectors, types of investments and things of that nature. All that has been finalised.