Adani Ports waive handling charges on Covid-related equipment/cargo
Adani Ports and Special Economic Zone Ltd (APSEZ) has decided to waive storage or handling charges for oxygen-related equipment, Covid- related cargo and vessel-related charges for ships exclusively carrying Covid-related equipment at its network of ports across India. India’s biggest private port operator said it will also give priority berthing to ships carrying Covid-related equipment […]
GMR launches Hyderabad AeroCity spread across 1,500 acres
The Indian Infrastructure major GMR Group announced the launch of GMR AeroCity Hyderabad spread across 1500 acres which offer a gateway airport with growing air connectivity, passenger traffic and logistics hub with smart technologies.
DP World Mundra becomes first in Gujarat to handle 10mn containers
Global logistics company DP World operated Mundra International Container Terminal (MICT) became the first container terminal in Gujarat to successfully handle more than 13 million TEUs (twenty-foot equivalent units), and 10 million containers, since its inception. This milestone comes with the terminal achieving its all-time highest monthly throughput of 123,611 TEUs by handling 70 vessels […]
Adani to acquire 58% more stake in Gangavaram port in AP for ₹3,604 cr
The Adani Ports and Special Economic Zone (APSEZ) today announced that it is acquiring the 58.1 percent stake held by DVS Raju and family in Gangavaram Port (GPL) at Visakhapatnam in Andhra Pradesh for ₹3,604 crore.
French shipping group ‘calls off’ plan to sell stake in Mundra terminal to Chinese firm
French shipping group CMA CGM is said to have dropped plans to sell the 50 per cent stake held by its unit CMA Terminals Holding in Adani CMA Mundra Terminal Private Limited (ACMTPL) at Mundra port to China Merchants Port Holdings Company Ltd (CMP) after the government declined consent. ACMTPL is an equal joint venture […]
BLR Airport unveils India’s first dedicated express cargo terminal
Bangalore International Airport (BIAL), operator of Kempegowda International Airport, Bengaluru (KIAB/ BLR Airport) unveiled India’s first dedicated Express Cargo Terminal at its premises. The 200,000 sq ft dedicated facility will house global courier players such as DHL Express, UPS, FedEx and Express Industry Council of India (EICI). What makes the terminal different are the facts […]
