Bangladesh received proposal from the United Arab Emirates to invest in four multi-billion-dollar projects in the shipping sector in the country. Bangladesh government is said to be positively considering the proposal. The projects also include development of a deep-sea port at Sonadia for which China and India have expr
Tag: Shipping
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Ministry allows Adani, Essar to bid for terminal project
Weekly Insight learns from top government sources that Adani Ports and Essar Ports received approval from the union home ministry to participate in the 4,000-crore mega container terminal project in Chennai Port.Chennai Port plans to set up a mega container terminal, with a capacity of 4 million TEU (Twenty foot-equivalent units). The proposed terminal has been envisaged as the large
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SCI posts net profit in Sept quarter
Extraordinary realisation helped Shipping Corporation of India (SCI) post a net profit of Rs 297.26 crore in the quarter ending September 30, 2012 against a net loss of Rs 1
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Vizag Port’s proposed berth project may cost Rs 4 bn
According to media reports, the proposed second container berth project at Visakhapatnam port may cost
Rs 3
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Adani Ports to expand AHCT
Adani Ports and SEZ plans to expand the operating envelope at its newly commenced Adani Hazira Container Terminal (AHCT) at Adani Hazira Port (AHPPL) in the
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Net profit of GE Shipping triples
During July-Sep 2012 quarter, the consolidated net profit of GE Shipping rose tripled to Rs 81.20 crore
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Essar Shipping Half yearly profit up at Rs.17.91 Crore
Essar Shipping Limited (ESL) announced its financial results for the half year and quarter ended September 30, 2012.
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JNPT finalises fresh tender for terminal project
Luxman Radhakrishnan, Chairman of Jawaharlal Nehru Port Trust (JNPT) informed that the port was finalising a fresh tender for the proposed 4.8 million tonne a yea
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Kerala Maritime board plan gets cabinet approval
Kerala Minister for Ports and Fisheries K Babu informed that the state cabinet cleared the proposal to set up a maritime board in the state and also approved the draft
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DP World secures Rs 6 bn terminal project
DP World, which was the lone bidder for the Rs 600 crore container terminal project in Jawaharlal Nehru Port Trust, received the contract from the port