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Visual of the indigenous freight wagons. (Photo: Deendayal Port Authority)
Kutch (Gujarat) [India], May 18 (ANI): Deendayal Port Authority (DPA) in Kandla, Gujarat, achieved a milestone by berthing vessel MV OLIVIA at Cargo Jetty No 15, marking the first-ever loading of indigenous “Made in India” freight wagons.”Deendayal Port Authority, Kandla, is proud to…
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Mahindra Logistics recently announced a key appointment to its senior management team, appointing Vishal Sharma as Vice President of Transportation and Procurement, effective from May 17, 2023. Sharma brings a wealth of experience and expertise to the role with about three decades in the logistics industry.
Sharma has held strategic leadership positions across various industries and regions. He has successfully managed business portfolios characterized by their scale and complexity,…
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India’s data centre industry is experiencing explosive growth, driven by the country’s rapid digitisation. CareEdge Ratings predicts a data centre capacity surge, doubling to 2,000 MW by 2026. This expansion will attract significant investments, with an estimated Rs 500 billion flowing in over the…
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Mapletree’s Chikushino Logistics Centre near Fukuoka (Image: Mapletree)
Singapore’s Mapletree Investments has closed on its second Japan logistics development fund with a goal of achieving assets under management of over JPY 110 billion ($710 million) after full deployment and completion of projects.
The unit of Temasek Holding raised an undisclosed amount of capital for Mapletree Japan Investment Country Private Trust (MAJIC), according to a release, with Mapletree pointing to…
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In the wake of the resumption of the supply of raw materials like coal and limestone from Adani Gangavaram Port on Friday, Atul Bhatt, Chief Managing Director (CMD) of Rashtritya Ihpat Nigam Limited (RINL), expressed his gratitude to all stakeholders for their cooperation in resolving the crisis. The Vizag Steel Plant faced an unprecedented crisis when the supply of coal and limestone was stopped from the Gangavaram port due to agitation by workers from 12 April, which has now been called…
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Source: https://www.yovizag.com/coal-supply-resumes-in-vizag-steel-plant-higher-output-expected/
Escalating geo-political tensions in West Asian region are unlikely to impact Indian operations at Chabahar port in Iran. Rather, in the current geo-political situation, the cargo throughput is likely to be consistent, “with a growing trend in future”, the Union Minister for Ports, Shipping and Waterway, Sarbananda Sonowal told businessline.Earlier this week, a long term bilateral contract of 10 years covering operations of Chabahar port was signed between India and Iran.Located in…
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The shipping ministry is working to shift to an 80 per cent landlord model by the end of this decade to increase efficiency and reduce logistics costs at major ports, a senior government said on Saturday. In the landlord model, private players take over the operational aspects, while the port authority acts as a regulator and landlord. Speaking at CII Annual Business Summit 2024, Ports, Shipping and Waterways Secretary TK Ramachandran said Jawaharlal Nehru Port (JNPT) has become the first…
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Update: 2024-05-18 10:38 ISTFrench carmaker Citroen has said that it will supply 1,000 units of its electric vehicle e-C3 to OHM E Logistics in a phased manner. The two companies have signed a Memorandum of Understanding (MoU) to introduce the e-C3 into the electric shared mobility services of OHM E Logistics and the 1,000 units of Citroen e-C3 will be delivered over 12 months, the company said in a statement. “This partnership underscores our shared vision of promoting electric mobility…
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Source: https://www.thehansindia.com/amp/business/citroen-to-supply-1000-e-c3-evs-to-ohm-e-logistics-879157
In an exciting development, the homegrown logistics and supply chain management company Transport Corporation of India (TCI), is looking to place orders for two cargo ships in FY25. The company has allocated a budget of USD 35-40 million for these ships under its TCI Seaways business, which already has a fleet of 6 cargo ships with a total of 77,957 deadweight tonnes.
TCI is exploring options from shipbuilding operations in China, Japan, and Korea, expecting to finalize a deal in the…
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Ransomware Affects India’s Largest Port BW Businessworld
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Source: https://businessworld.in/article/ransomware-affects-indias-largest-port-120941
